Press release
Global Robotic Welding Market Size, Share, Price, Trends, Growth, Analysis, Report, Forecast 2024-2032
Robotic welding employs automated programmable tools, commonly termed robots, that automate the welding process by handling the parts and performing the weld. These robots provide the advantages of precision, speed, and efficiency. Primarily, there are two types of robotic welding: arc welding and spot welding, and they are predominantly used in the automotive and electronics industries.
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The escalating demand for automation in the manufacturing sector fuels the robotic welding market growth. Companies are increasingly focusing on optimizing the efficiency of their production processes, reducing waste, and ensuring consistent product quality, and robotic welding solutions appear as the answer to these needs. The robots provide unparalleled precision, repeatability, and speed, which are essential for large-scale manufacturing setups, especially in the automotive, heavy machinery, and aerospace industries.
Furthermore, the current trend emphasising worker safety is a pivotal driver for the robotic welding market demand. Welding operations, traditionally, have been linked with several health risks, including exposure to harmful rays, burns, and inhalation of toxic fumes. The deployment of robots minimises human interaction with these hazardous tasks, ensuring enhanced safety standards.
In tandem with the growth drivers, the evolving technological landscape significantly influences the robotic welding sector. The integration of advanced sensors, AI-driven software, and the Internet of Things (IoT) facilitates real-time monitoring, remote troubleshooting, and predictive maintenance, further increasing the robotic welding market size. This not only optimises the welding processes but also minimises downtimes, thereby contributing to the market's robust expansion.
Moreover, as industries gradually transition towards Industry 4.0, a paradigm that revolves around smart manufacturing and data-driven operations, robotic welding systems, being inherently digital and programmable, naturally find their place in this new industrial revolution.
As per the robotic welding market analysis, another crucial aspect bolstering the growth of the market is the increasing demand in emerging economies. As nations like China, India, and Brazil undergo rapid industrialisation and become manufacturing hubs, the adoption of robotic welding solutions in these regions is anticipated to surge.
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Market Segmentation
The market can be divided based on type, payload, end user, and region.
Market Breakup by Type
Spot Welding Robots
Arc Welding Robots
Others
Market Breakup by Payload
Less than 50 Kg
50-150 Kg
More than 150 kg
Market Breakup by End User
Automotive and Transportation
Electrical and Electronics
Metals and Machinery
Aerospace and Defence
Others
Market Breakup by Region
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global robotic welding market. Some of the major players explored in the report by Expert Market Research are as follows:
Fanuc Corporation
Yaskawa Electric Corporation
Kuka AG
ABB Ltd.
Kawasaki Heavy Industries, Ltd.
Panasonic Corporation
Daihen Corporation
EVS TECH CO., LTD
Estun Automation Co., Ltd.
UNITED PROARC CORPORATION
NACHI-FUJIKOSHI CORP.
IGM ROBOTERSYSTEME AG
Others
Frequently Asked Questions (FAQs) about the Global Robotic Welding Market:
Q1: What is robotic welding?
A1: Robotic welding is the use of automated programmable tools (robots) to handle welding tasks and perform the weld, ensuring precision, efficiency, and consistency in the welding process.
Q2: What was the value of the global robotic welding market in 2023?
A2: The global robotic welding market attained a value of approximately USD 8.79 billion in 2023.
Q3: What is the projected growth rate of the robotic welding market from 2024 to 2032? A3: The robotic welding market is expected to grow at a Compound Annual Growth Rate (CAGR) of 10.6% during the forecast period of 2024-2032.
Q4: What factors are driving the growth of the robotic welding market?
A4: Factors driving the growth include the increasing adoption of automation in manufacturing, the need for precision and efficiency in welding processes, advancements in robotic technology, and the growing demand for welded components in various industries such as automotive, aerospace, and construction.
Q5: What are the key applications of robotic welding?
A5: Key applications include spot welding, arc welding, laser welding, and resistance welding, primarily used in the automotive, aerospace, electronics, and heavy machinery sectors.
Q6: What are the challenges faced by the robotic welding market?
A6: Challenges include the high initial investment costs, the need for skilled personnel to operate and maintain robotic welding systems, and the integration of robotic welding into existing production lines.
Q7: What are the major trends influencing the robotic welding market?
A7: Major trends include the increasing integration of artificial intelligence and machine learning in robotic welding systems, the development of collaborative robots (cobots) for welding, and the adoption of green welding technologies to reduce environmental impact.
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