Authored By: Sarah
15 Jul 2024

 Industrial Welding Robots Market Size to grow by USD 3104.5 million between 2024-2028

According to a research report “ Industrial Welding Robots Market” by Product (Spot welding robots, Arc welding robots, Laser welding robots) End-user (Automotive, Electrical and electronics, Heavy machinery, Others) Geography (APAC, Europe, North America, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 3104.5 million, at a CAGR of  6.78% during the forecast period. The Asia Pacific (APAC) region has become a significant player in the global industrial robots market, driven by the economic growth and increasing industrialization in the area. Industrial robots, including those specialized in welding, cutting, and assembly functions, have become essential new labor forces in the region due to their precision and productivity. In 2023, APAC accounted for a substantial market share, with the majority of demand originating from the automotive, electronics, and metal industries in countries such as China, South Korea, and Japan. Moreover, the adoption of industrial robots is experiencing rapid growth in emerging markets like Singapore, Vietnam, and Malaysia.

Browse market data tables, figures, and in-depth TOC on “Industrial Welding Robots Market” by Product (Spot welding robots, Arc welding robots, Laser welding robots) End-user (Automotive, Electrical and electronics, Heavy machinery, Others) Geography (APAC, Europe, North America, South America, Middle East and Africa) Global Forecast to 2028. Download Free Sample

 

By Product, the Spot welding robots segment is projected to dominate the market size in 2024

In the automotive sector, industrial welding robots hold a significant market share due to their extensive usage by automotive part manufacturers for welding components such as axles, seats, exhausts, and brackets. Strict vehicle emission regulations imposed by governments worldwide have compelled automakers to adopt lightweight metal parts like aluminum and manganese. These materials not only help in complying with regulatory norms but also reduce energy consumption and enhance vehicle efficiency. Moreover, advanced welding robots, including laser and plasma welding robots, are capable of welding suspension components with a material thickness ranging from 2 mm to 4 mm, ensuring a superior finish and quality post-welding process.

By End-user, Automotive  segment is expected to hold the largest market size for the year 2024

In the manufacturing sector, spot welding is a crucial process for assembling metal sheet frames in various industries, including automotive, electronics, and heavy machinery. To enhance productivity and operational efficiency, businesses are integrating spot welding robots into their operations. These advanced robots facilitate consistent process quality during spot welding, which is essential for complex welding tasks. Equipped with copper alloy components for conducting electric current and a spot welding gun at the robot wrist, these machines streamline the welding process. The adoption of spot welding robots is projected to expand significantly over the forecast period due to their increasing utilization across multiple industries.

APAC is forecasted to hold the largest market size by region in 2024

The industrial welding robots market represents a significant growth opportunity for businesses seeking to enhance productivity and improve product quality. These robots offer advantages such as increased precision, consistency, and reduced human error. Key market drivers include the increasing demand for automation in manufacturing processes and the growing adoption of advanced technologies like collaborative robots and 3D printing in welding applications. Companies investing in industrial welding robots can expect to achieve cost savings, improved efficiency, and a competitive edge in their respective industries.

The Industrial Welding Robots Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • ABB Ltd.
  • Acieta LLC
  • Bystronic Laser AG
  • Carl Cloos Schweisstechnik GmbH
  • Daihen Corp.
  • EWM AG
  • FANUC Corp.
  • HD Hyundai Co. Ltd.
  • Illinois Tool Works Inc.
  • Kawasaki Heavy Industries Ltd.
  • Kemppi Oy
  • MIDEA Group Co. Ltd.
  • OMRON Corp.
  • Panasonic Holdings Corp.
  • Smenco Pty Ltd.
  • SRDR Robotics
  • Stellantis NV
  • Teradyne Inc.
  • The Lincoln Electric Co.
  • Yaskawa Electric Corp.
.

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Research Analysis Overview

The Industrial Welding Robots market has experienced significant growth in recent years due to the increasing demand for automation in manufacturing facilities. Welding applications are a major area where robotics solutions have been adopted extensively, providing flexibility and efficiency in production. However, the market has been impacted by various challenges such as raw material supply chain disruptions due to transport restrictions, production schedule adjustments, and strict lockdowns during economic downturns. Advanced robotics, sensors, real-time data analytics, big data, cloud computing, and cyber-physical systems are transforming modern manufacturing by enabling data-driven decision-making. Welding robot manufacturers are investing in these technologies to provide robust and adaptable solutions for various industries. The integration of cloud robotics and sensors in welding robots enables remote monitoring and control, ensuring uninterrupted production even during supply chain disruptions. The future of industrial welding robots lies in advanced technologies, flexibility, and efficiency, making them an essential component of modern manufacturing.

Market Research Overview

The Industrial Welding Robots Market is experiencing significant growth due to the increasing demand for high safety standards in manufacturing processes. The payload segment, which includes robots with weights ranging from 1 to 130 kg, holds the largest share in this market. Various welding process segments, such as ultrasonic welding, plasma welding, and resistance spot welding, are driving the growth of the industrial robots market. Key technologies in industrial welding robots include plasma flow controllers, feeder systems, vision systems, welding torches, and controllers. The defense industry and general manufacturing industry are major application sectors for welding robots. The component segment of the industrial robots market includes delta robots, collaborative robots, SCARA robots, cylindrical robots, cartesian robots, and articulated robots. Plasma welding technology is gaining popularity due to its ability to produce durable welds with improved gap bridging, minimal changes, and high precision. The welding process is essential for various industries, including automobiles, consumer goods, essential goods & services, and construction sectors. The economic downturn caused by nationwide lockdowns and production schedule disruptions has led to a reduction in demand for industrial robots. However, the need for high reliability, rework reduction, and high welding speed remains a key driver for the market. Laser welding, smart manufacturing ecosystems, performance optimization, data analysis, and data collection are some of the trends shaping the industrial robots market. Welding robots are being used to weld various workpieces, including structural elements, pipes, metal parts, and construction materials. The welding robots market is expected to grow further due to the increasing use of sensors, real-time data analytics, advanced robotics, and data-driven decision-making. The market is also being driven by the upskilling and reskilling of welding robot manufacturers' workforce and the adoption of big data, cloud computing, and cyber-physical systems. Some of the major players in the industrial robots market include Oxford Economics, Bosch Rexroth, KUKA, FANUC, and ABB. The market is expected to grow at a CAGR of over 10% between 2021 and 2026. In conclusion, the industrial welding robots market is witnessing significant growth due to the increasing demand for high safety standards, advanced welding technologies, and automation in various industries. The market is expected to continue growing due to the adoption of smart manufacturing ecosystems, data-driven decision-making, and the need for high precision, flexibility, and efficiency in manufacturing processes.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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