Industrial Welding Robots Market Size, Share, Growth, and Industry Analysis, By Type (Spot Welding Robots, Arc Welding Robots, Laser Welding Robots), By Application (Automotive & Transportation, Electricals & Electronics, Aerospace & Defense, Metals & Machinery , Others), Regional Insights, and Forecast To 2032

Updated On: 22 April 2024

industrial welding robots market Report Overview

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The global industrial welding robots market size was USD 9341.4 million in 2022 and the market is projected to touch USD 15614.1 million by 2032 at a CAGR of 5.3% during the forecast period.

Robot welding is the use of mechanized programmable tools (robots), which entirely automate a welding process by both execution the weld and handling the part. Processes such as gas metal arc welding, while often automated, are not necessarily equivalent to robot welding, since a human operator at times prepares the materials to be welded. Robot welding is usually used for resistance spot welding and arc welding in high production uses such as the automotive industry. The welding robots are favourable and yield a high return on investment with using them in repetitive work. Factors such as the type of metal parts and the repeatability of operation are considered for the selection process of automating the welding process. Industrial producers are progressively implementing automation in welding processes to improve welding process efficiency, increase productivity, augment welding quality, and reduce scrap. Manufacturers also gain benefits over their competitors by using welding robots in their manufacturing processes. Robots can produce superior quality welds reliably at high speeds. The manufacture, development and implementation of these robots can also be augmented by virtual testing of the robot’s programming.

The market is driven by the growing popularity of industrial robots in apac, the growing need for automated welding processes, and the stringent regulatory frameworks to ensure the safety of the workforce. Participating are fixing their efforts on encouraging R&D. Manufacturers need to stay updated with changing market trends and develop products that meet growing consumer needs. Technological development are supporting the regional market growth. Companies coming up with progressive technological solutions for firming their positions.

COVID-19 Impact:  Pandemic hampered the market due to unexpected disruption in the sector

The global COVID-19 pandemic has been unprecedented and staggering, with industrial welding robots market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market growth and demand returning to pre-pandemic levels once the pandemic is over.

Covid 19 pandemic has extremely affected the whole world. It caused many unexpected disruption and affected the industry. Covid 19 had negative impact on the market due to economic slowdown, unpredictability in financial sector and high unstable market. The pandemic resulted in decreased demand due to a disrupted supply chain, drop in sales of products, delivery schedules. Travel bans imposed affected business collaboration and partnership. Demand had recently reduced due to travel bans and lockdown during the COVID-19 pandemic. The continuous loss in the business due to the lockdown measures is projected to directly influence the growth of the investments in the market.

Latest Trends

"Use of innovative products to boost the market growth "

Technological improvement and development will further enhance the presentation of the product, allowing it to obtain a varied range of requests in the market. Technological advancement will improve performance and propel the market growth. Technological advancement with high demand are increasingly setting a force to increase the productivity. Some players focus on product improvement to meet consumer requirements and likings. Constant innovation in manufacturing of products is anticipated to stimulate product demand.

industrial welding robots market Segmentation

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• By Type Analysis

According to type, the market can be segmented into spot welding robots, arc welding robots, laser welding robots.

Arc welding robots will capture the maximum market share through forecast period.

• By Application Analysis

According to application, the market can be segmented into automotive & transportation, electricals & electronics, aerospace & defense, metals &m, others.

Industrial welding robots market players cover segment as electricals & electronics will dominate the market share during forecast period.

Driving Factors

"Increase in demand in electronics industry to boost the market growth"

The demand for industrial welding robots is fixed to upsurge with developments in welding guns and software and growing prospective of robots to weld quality steel, aluminium, and other metal sheets.  The demand for precise welding is also rising in the electronics industry to eradicate distortion and staining while reducing electronic components. The demand is motivated by the growth of these industry which is anticipated to enhance market growth.

"Technological advancement and development to upsurge the market."

Technological advancements and innovation activate unique revenue augmenting opportunity which will upsurge the industrial welding robots market growth. Growing investment in research and development activities and growing awareness about benefits of industrial welding robots are expected to deliver profitable opportunities for the market. Heavy investment in various industries for R&D activities on robotics technology has encouraged the use of new and advanced technologies for the development of welding robots. Constant development are one of the trends in the market in variety of practices.

Restraining Factors

"High cost of maintenance to hamper the market growth"

High cost is hampering development of industrial welding robots market. High installation cost and the complex integration competences required for the initial setup of welding robots limits the market growth. Investment and maintenance cost of using automated systems is high due to the integration of good hardware quality with effective software control system. Technical difficulties will reduce the industry revenue.

industrial welding robots market Regional Insights

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"Asia Pacific to dominate the region due to adoption of robotics and automatic technology"

Asia Pacific is further expected to witness growth in the industrial welding robots market share. The region is dominating the market due to rising adoption of robotics and automatic technology. The rising inhabitants and increasing income levels are also contributing to the development of the market. Upsurge in investments by key market players for the R&D undertakings and enlargement of their production abilities and product portfolios are projected to upsurge the growth. The expansion of regional market is being aided by technological developments.

Key Industry Players

"Key players focus on partnerships to gain competitive advantage."

The key players are dynamically contributing in strategic events that are aimed at maintaining strong market position and increasing market share by merger, partnerships and others. Key players are motivated to introduce new innovative products. They are spending severely on research and development in order to arise with more new technology so that they can maintain and improve their existing market. The market changes are dynamic such as market expansion, partnership and merger.

List of Market Players Profiled

• Yaskawa Electric (Japan)
• Panasonic (Japan)
• KUKA (Germany)
• Fanuc (Japan)
• Kawasaki Heavy Industries (Japan)

Report Coverage

The report provides scrutiny and information according to market sectors. Business overview, financial overview, product portfolio, new project launch, recent development enquiry are the factors included in the profile. The report incorporates completely examined and appraised evidence of the noticeable players and their position in the market by methods for various descriptive tools. The report covers national and regional level market size and forecast. The report gives businesses the facility to research new prospect in many areas. The report shows to be an operational tool that players can use to gain a competitive superiority over their opponents and ensure lasting achievement in the market.