Photo 1 of 1 in Wall Photos
Industry Overview on Robotic Welding Market
Automated welding, also known as robotic welding, refers to the process of joining two materials together using mechanized programmable tools that heat, cool, and merge metal components. This technology is commonly available in two categories: spot welding and arc welding. Robotic welding systems ensure improved weld integrity and consistent results, leading to fast and high-quality welds. By minimizing human errors, distractions, and fatigue that can result in defects, these systems contribute to a more reliable welding process. They also reduce scrap metal and waste compared to traditional manual welding methods. Moreover, robotic welding systems are cost-effective as they eliminate the need for additional labor in production. As a result, they find widespread applications in various industries including consumer electronics, aerospace, defense, mining, construction, and more. How Big Is the Robotic Welding Market?
According to the new market research report by IMARC Group the global robotic welding market reached a value of US$ 6.7 Billion in 2022. It is projected to reach a value of US$ 10.9 Billion by 2028, exhibiting a CAGR of 8.1% during 2023-2028. Global Industry Trends and Drivers:
The robotic welding market is being driven by various factors, including the growing consumer demand to reduce labor injuries, improve order fulfillment speed and accuracy, and enhance operational efficiency while reducing costs. Furthermore, the widespread adoption of robotic welding solutions across different industries to optimize workspace utilization and improve supply chain performance is positively impacting the global market. Additionally, leading manufacturers are making significant investments in research and development activities to enhance the capabilities of robotic welding systems. This includes customization for specific conditions such as cloud-based operations and remote monitoring, as well as designing them to be compatible with the human workforce. These efforts are contributing to the market's growth. Moreover, the automotive sector is increasingly adopting robotic welding due to its advantages, such as minimal hard tooling requirements and reprogrammable features. This trend is expected to further boost the robotic welding market in the forecasted period. Key Market Segmentation :
The report provides detailed segmentation of the global robotic welding market based on based on type, payload, end user and region.
Breakup by Type: Spot Welding Arc Welding Others
Breakup by Payload: Less than 50 Kg 50-150 Kg More than 150 Kg
Breakup by End User: Automotive and Transportation Electrical and Electronics Metals and Machinery Others
Breakup by Region: North America United States Canada Asia-Pacific China Japan India South Korea Australia Indonesia Others Europe Germany France United Kingdom Italy Spain Russia Others Latin America Brazil Mexico Others Middle East and Africa
The report provides a comprehensive analysis of the industry key players listed below:
The Major Players in the market are ABB Ltd., Comau (Stellantis N.V.), DAIHEN Corporation, FANUC Corporation, Hyundai Robotics Co. Ltd. (Hyundai Heavy Industries Group), Kawasaki Heavy Industries Ltd., KUKA AG, Nachi-Fujikoshi Corp., Panasonic Corporation, Siasun Robot & Automation Co. Ltd. and Yaskawa Electric Corporation.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:
+91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
Automated welding, also known as robotic welding, refers to the process of joining two materials together using mechanized programmable tools that heat, cool, and merge metal components. This technology is commonly available in two categories: spot welding and arc welding. Robotic welding systems ensure improved weld integrity and consistent results, leading to fast and high-quality welds. By minimizing human errors, distractions, and fatigue that can result in defects, these systems contribute to a more reliable welding process. They also reduce scrap metal and waste compared to traditional manual welding methods. Moreover, robotic welding systems are cost-effective as they eliminate the need for additional labor in production. As a result, they find widespread applications in various industries including consumer electronics, aerospace, defense, mining, construction, and more. How Big Is the Robotic Welding Market?
According to the new market research report by IMARC Group the global robotic welding market reached a value of US$ 6.7 Billion in 2022. It is projected to reach a value of US$ 10.9 Billion by 2028, exhibiting a CAGR of 8.1% during 2023-2028. Global Industry Trends and Drivers:
The robotic welding market is being driven by various factors, including the growing consumer demand to reduce labor injuries, improve order fulfillment speed and accuracy, and enhance operational efficiency while reducing costs. Furthermore, the widespread adoption of robotic welding solutions across different industries to optimize workspace utilization and improve supply chain performance is positively impacting the global market. Additionally, leading manufacturers are making significant investments in research and development activities to enhance the capabilities of robotic welding systems. This includes customization for specific conditions such as cloud-based operations and remote monitoring, as well as designing them to be compatible with the human workforce. These efforts are contributing to the market's growth. Moreover, the automotive sector is increasingly adopting robotic welding due to its advantages, such as minimal hard tooling requirements and reprogrammable features. This trend is expected to further boost the robotic welding market in the forecasted period. Key Market Segmentation :
The report provides detailed segmentation of the global robotic welding market based on based on type, payload, end user and region.
Breakup by Type: Spot Welding Arc Welding Others
Breakup by Payload: Less than 50 Kg 50-150 Kg More than 150 Kg
Breakup by End User: Automotive and Transportation Electrical and Electronics Metals and Machinery Others
Breakup by Region: North America United States Canada Asia-Pacific China Japan India South Korea Australia Indonesia Others Europe Germany France United Kingdom Italy Spain Russia Others Latin America Brazil Mexico Others Middle East and Africa
The report provides a comprehensive analysis of the industry key players listed below:
The Major Players in the market are ABB Ltd., Comau (Stellantis N.V.), DAIHEN Corporation, FANUC Corporation, Hyundai Robotics Co. Ltd. (Hyundai Heavy Industries Group), Kawasaki Heavy Industries Ltd., KUKA AG, Nachi-Fujikoshi Corp., Panasonic Corporation, Siasun Robot & Automation Co. Ltd. and Yaskawa Electric Corporation.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:
+91 120 433 0800 Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800