The global robotic welding market size was USD 7.10 Billion in 2021 and is expected to register a revenue CAGR of 10.5% during the forecast period, according to latest analysis by Emergen Research. Advancements in technology have led to development of laser and plasma welding technologies, which is a major factor driving market revenue growth.A laser welding robot employs carbon dioxide-produced laser beam that is directed at work pieces with the support of optics to join separate parts together. Use of laser welding robots can produce output in medium- and large-batch quantities at a reasonable cost per unit. Features of these robots include high reliability, high welding speed, enhanced weld quality, and high accuracy. Robot enables small welds that are required for little modification of welded components, hence laser welding robots are utilized in difficult-to-reach distant welding areas.
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An Emergen Research report of 250 pages contains 194 tables, 189 charts and graphics, and anyone who needs a comprehensive analysis of the global Robotic Welding Market , as well as commercial, in-depth analyses of the individual segments, will find the study useful. Our recent study allows you to assess the entire regional and global market for Robotic Welding Market . In order to increase market share, obtain financial analysis of each segment and the whole market. Look at how you can utilize the current and potential revenue-generating opportunities available in this sector. We believe that there are significant prospects for energy storage technology in this industry due to the rapid expansion of the technology. In addition to helping you build growth strategies, improve competitor analysis, and increase business productivity, the research will also assist you in making better strategic decisions.
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Some Key Highlights From the Report :
The arc welding segment accounted for largest revenue share in 2021. Manual arc welding could be a risky occupation and harmful to health of welder. High heat, heated metal, sparks, weld spatter, poisonous gases, and welding arc are all potential hazards for welders. Robots for arc welding are made to tackle these dangers. In addition, arc welding also saves firms from having to purchase expensive safety equipment. Robots are made to withstand exposure to things such as high temperatures and weld spatter. Moreover, when workers are replaced by robots, they can be relocated to settings that are safer and more comfortable, which is driving revenue growth of this segment.
The automotive & transportation segment accounted for largest revenue share in 2021. Robotic welding increases safety in workplace by preventing workers from being exposed to fumes, chemicals, intense heat, noise, and weld flash. They also reduce musculoskeletal stress from twisting, lifting, and other repetitive motions. Apart from this, they have enabled other automakers save millions of dollars due to their ability to significantly reduce labor expenses while increasing, or even tripling their production. In contrast to humans, robots do not need breaks and can work continuously, seven days a week. Thus, there is a rising demand for robotic welding in automobile industry, which is driving revenue growth of this segment.
Competition in the Robotic Welding Market :
The Robotic Welding Market report contains information on leading vendors’ product launches, sustainability, and prospects, such as: Key players in the market include Fanuc corporation, Yaskawa Electric Corporation, Kuka AG, ABB, Kawasaki Heavy Industries, Ltd., Panasonic Holdings Corporation, Daihen Corporation, Nachi-Fujikoshi Corp., Comau S.p.A, and Hyundai Robotics.
You need to discover how this will impact the Robotic Welding Market today, and over the next 10 years:
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This report tells you Today how the Robotic Welding Market will develop in the next 10 years, and in line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.
Emergen Research has segmented the global robotic welding market based on welding type, payload, end-use, and region:
- Welding Type Outlook (Revenue, USD Billion; 2019–2030)
- Arc Welding
- Spot Welding
- Laser Welding
- Payload Outlook (Revenue, USD Billion; 2019–2030)
- <50 kg Payload
- 50-150 kg Payload
- >150 kg Payload
- End-use Outlook (Revenue, USD Billion; 2019–2030)
- Automotive & Transportation
- Metals & Machinery
- Electrical & Electronics
- Aerospace & Defense
- Others
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Global Robotic Welding Market has been classified into the subsequent geographical segments:
North America (U.S., Canada, Mexico)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
What Questions Should You Ask before Buying a Market Research Report?
- How is the Robotic Welding Market evolving?
- What is driving and restraining the Robotic Welding Market ?
- How will each Robotic Welding Market submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2030?
- How will the market shares for each Robotic Welding Market submarket develop from 2022 to 2030?
- What will be the main driver for the overall market from 2022 to 2030?
- Will leading Robotic Welding Market s broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
- How will the market shares of the national markets change by 2030 and which geographical region will lead the market in 2030?
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