Robotic Welding Market: Key Players, Growth Trends, and Industry Forecast by 2024

The Robotic Welding Market sector is undergoing significant transformation, with substantial growth and technological advancements expected by 2032. According to a new in-depth market research report, the sector is poised for expansion, driven by various factors such as market size, share, and emerging trends.

This comprehensive report provides key insights into the Robotic Welding Market, exploring critical market segmentation and definitions. It highlights the essential components driving growth, offering a clear picture of the industry’s trajectory. Utilizing SWOT and PESTEL analyses, the report evaluates the market’s strengths, weaknesses, opportunities, and threats, while also considering political, economic, social, technological, environmental, and legal factors that impact the market landscape.

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Market Summary:

The global robotic welding market size was USD 5.42 billion in 2020 and is projected to grow from USD 5.80 billion in 2021 to USD 9.76 billion in 2028, exhibiting a CAGR of 7.7% during the forecast period from 2021-2028. The global impact of COVID-19 has been unprecedented and staggering, with robotic welding witnessing a positive impact on demand across all regions amid the pandemic. Based on our analysis, the global market exhibited a lower growth of 6.9% in 2020 as compared to the average year-on-year growth during 2017-2019. The rise in CAGR is attributable to this market’s demand and growth, returning to pre-pandemic levels once the pandemic is over.

Recent industry developments are;

• The U.S.-based Path Robotics raised USD 56.0 million for aggressive AI-powered expansion. The company pioneered in the robotic welding industry and has developed an autonomous system in the market.
• Yaskawa America, Inc. launched three new products in the robot welding space that includes an extended-reach industrial robot, a new easy-to-use pendant application for arc welding, and an updated work cell for demanding production environments.

Browse Detailed TOC, Tables and Figures with Charts which is spread across 100+ Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.

Major Players:

FANUC Corporation (Japan), Kuka AG (Germany), Kemppi Oy (Finland), Yaskawa America (United States), ABB (Switzerland), Panasonic Corporation (Japan), OTC DAIHEN Inc. (U.S.), DENSO CORPORATION (Japan), Kawasaki Heavy Industries, Ltd. (Japan), The Lincoln Electric Company (U.S.), Miller Electric Mfg. LLC (U.S.), IGM ROBOTERSYSTEME AG (Austria), Abhisha Technocrats Pvt. Ltd. (Maharashtra, India), Acieta LLC (U.S.), EWM AG (Mündersbach, Germany), Carl Cloos Schweisstechnik GmbH (Haiger, Germany), SIASUN CO., LTD. (China), SMENCO (Australia)

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Robotic Welding Market Segmentation:

By Type

• Arc
• Spot
• MIG/TIG
• Laser
• Others (Plasma etc.)

By Payload Capacity

• Low (6-22 kg)
• Medium (30-60 kg)
• High (80-300kg)

By Industry

• Automotive
• Aerospace & Defense
• Construction
• Mining
• Oil & Gas
• Railway & Shipbuilding
• Electrical & Electronics
• Others (Steel Plant, Wind Turbines, etc.)

Reasons to purchase this report:

This report offers a detailed analysis of the competitive landscape, emerging growth areas, market conditions, and key trends within the Robotic Welding Market. It helps businesses identify expansion opportunities while addressing potential risks and challenges. By assessing product portfolios and business segments, the report provides valuable insights that guide stakeholders in formulating informed investment and market strategies.

The in-depth understanding of industry dynamics presented in the report supports the creation of effective strategies for success in the Robotic Welding Market, greatly enhancing decision-making. Overall, this report is an essential resource for those looking to stay updated in this rapidly evolving industry.

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Drivers & Restraints:

• Drivers:
  • Increasing demand for automation in manufacturing processes to enhance precision, efficiency, and productivity is driving the growth of the robotic welding market.
  • Technological advancements in robotics, such as improved sensors and AI integration, are enhancing the capabilities and versatility of robotic welding systems.
• Restraints:
  • High initial investment and installation costs for robotic welding systems may deter small and medium-sized enterprises from adopting these technologies.
  • Concerns over workforce displacement and the need for specialized training to operate and maintain robotic systems can hinder adoption.

Table of Contents:

• Introduction
  • Research Scope
  • Market Segmentation
  • Research Methodology
  • Definitions and Assumptions
• Executive Summary
• Market Dynamics
  • Market Drivers
  • Market Restraints
  • Market Opportunities
• Key Insights
  • Key Industry Developments – Merger, Acquisitions, and Partnerships
  • Porter’s Five Forces Analysis
  • SWOT Analysis
  • Technological Developments
  • Value Chain Analysis

TOC Continued…!

Robotic Welding Market Regional Segmentation:

• North America (Type, Payload Capacity, Industry and Country)
  • U.S. (By Type)
  • Canada (By Type)
  • Mexico (By Type)
• Europe (Type, Payload Capacity, Industry and Country)
  • Germany (By Type)
  • U.K. (By Type)
  • France (By Type)
  • Italy (By Type)
  • Rest of Europe (By Type)
• Asia Pacific (Type, Payload Capacity, Industry and Country)
  • China (By Type)
  • Japan (By Type)
  • India (By Type)
  • Rest of Asia Pacific (By Type)
• Middle East and Africa (Type, Payload Capacity, Industry and Country)
  • GCC (By Type)
  • South Africa (By Type)
  • Rest of Middle East and Africa (By Type)
• South America (Type, Payload Capacity, Industry and Country)
  • Brazil (By Type)
  • Argentina (By Type)
  • Rest of South America (By Type)

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