Robotic Welding Trends and Forecast
The future of the global robotic welding market looks promising with opportunities in the automotive and transportation, electrical and electronics, and aerospace & defense markets. The global robotic welding market is expected to reach an estimated $15 billion by 2030 with a CAGR of 10.2% from 2024 to 2030. The major drivers for this market are growing adoption of industry 4.0 and rising usage of welding robots in the automotive and transportation industries.Robotic Welding by Segment
The study includes a forecast for the global robotic welding by type, payload, end use, and region.Robotic Welding Market by Type [Shipment Analysis by Value from 2018 to 2030]
- Spot Welding Robots
- Arc Welding Robots
- Others
Robotic Welding Market by Payload [Shipment Analysis by Value from 2018 to 2030]
- >150 Kilograms
- 50-150 Kilograms
- >150 Kg Payload
Robotic Welding Market by End Use [Shipment Analysis by Value from 2018 to 2030]
- Automotive and Transportation
- Electrical and Electronics
- Aerospace & Defense
- Others
Robotic Welding Market by Region [Shipment Analysis by Value from 2018 to 2030]
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Robotic Welding Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies robotic welding companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the robotic welding companies profiled in this report include-- FANUC
- YASKAWA
- KUKA
- ABB
- Kawasaki Heavy Industries
Robotic Welding Market Insights
The publisher forecasts that spot welding robot will remain the larger segment over the forecast period due to its benefits, such as low-space requirements, heavy machine lifting (including welding guns and metal sheets), and strong, accurate, and high-quality welds.Within this market, automotive and transportation will remain the largest segment due to significantly growing automobile manufacturing.
APAC will remain the largest region over the forecast period due to presence of large manufacturing units and growing industrialization in countries, such as China, India, and Japan.
Features of the Global Robotic Welding Market
- Market Size Estimates: Robotic welding market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Robotic welding market size by type, payload, end use, and region in terms of value ($B).
- Regional Analysis: Robotic welding market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different types, payloads, end use, and regions for the robotic welding market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the robotic welding market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the robotic welding market size?Answer: The global robotic welding market is expected to reach an estimated $15 billion by 2030.
Q2. What is the growth forecast for robotic welding market?
Answer: The global robotic welding market is expected to grow with a CAGR of 10.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the robotic welding market?
Answer: The major drivers for this market are growing adoption of industry 4.0 and rising usage of welding robots in the automotive and transportation industries.
Q4. What are the major segments for robotic welding market?
Answer: The future of the robotic welding market looks promising with opportunities in the automotive and transportation, electrical and electronics, and aerospace & defense markets.
Q5. Who are the key robotic welding market companies?
Answer: Some of the key robotic welding companies are as follows:
- FANUC
- YASKAWA
- KUKA
- ABB
- Kawasaki Heavy Industries
Answer: The publisher forecasts that spot welding robot will remain the larger segment over the forecast period due to its benefits, such as low-space requirements, heavy machine lifting (including welding guns and metal sheets), and strong, accurate, and high-quality welds.
Q7. In robotic welding market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to presence of large manufacturing units and growing industrialization in countries, such as China, India, and Japan.
Q.8 Do we receive customization in this report?
Answer: Yes,the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the robotic welding market by type (spot welding robots, arc welding robots, and others), payload (>150 kilograms, 50-150 kilograms, and >150 kg payload), end use (automotive and transportation, electrical and electronics, aerospace & defense, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
Companies Mentioned
- FANUC
- YASKAWA
- KUKA
- ABB
- Kawasaki Heavy Industries
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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