Robotic Welding Market was valued at USD XX Million in 2020 and is projected to reach USD XX Million by 2027, growing at a CAGR of +10% from 2021 to 2027.
The robotic welding is a process of automating welding, which mainly requires skilled manual labor, is called Robotic Welding. An advanced robotic welding system eliminates the need for manual labor, saving labor costs over a long period of time. As a result, the Robotic Welding System also saves from human harm to the worker as a result of any unfortunate accident. Robots are flexible and reprogrammable depending on the purpose in the manufacturing or supply chain they need to serve. As well as being reprogrammable, they require minimal hard tooling, allowing machines to be easily reprogrammed and requires minimal hard tooling. This means very little effort is required to complete the setup, making robotic welding a practical solution for low volume orders. Robot welding is widely used for resistance spot welding and arc welding in high production applications such as the automotive industry.
The global automotive industry is considered one of the important drivers of the robotic welding market during the forecast period; robotic welding is the key to producing new, advanced and high-quality cars. Robots are widely used in the automobile industry and are capable of performing not just one task, but painting, welding, finishing and more. This will increase market demand. The Global Robotics Welding Market report provides a holistic assessment of the market. The report provides a comprehensive analysis of the key segments, trends, drivers, constraints, competitive landscape and factors that play an important role in the market.
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The Top Key Players include Robotic Welding Market:
- FANUC Corporation (Japan)
- YASKAWA Electric Corporation (Japan)
- KUKA AG (Germany)
- ABB (Switzerland)
- Kawasaki Heavy Industries
- Ltd. (Japan)
- Panasonic Corporation (Japan)
- DAIHEN Corporation (Japan)
- NACHI-FUJIKOSHI CORP. (Japan)
- Comau S.p.A. (Italy)
- and Hyundai Robotics (South Korea)
The Robotic Welding Market is segmented on the basis of type into Arc Welding, Spot Welding and others. The spot-welding segment is expected to be the largest component of the market. Spot welding is a resistance welding process that uses large electric current to join two or more sheets of metal in one place. Spot welding technology has developed with its widespread use in automobile manufacturing where articulated robots are used. Robots for spot welding application have a high load and are more expensive than other robots, which makes them dominate the market.
By type Robotic Welding Market segmented to:
- Spot Welding
- Arc Welding
- Others
By application Robotic Welding Market segmented to:
- Automotive & Transportation
- Metals and Machinery
- Electrical and Electronics
- Aerospace & Defense
- Others
Region and country level analysis:
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
- Asia-Pacific (China, India, Japan, Southeast Asia etc.)
- South America (Brazil, Argentina etc.)
- Middle East & Africa (Saudi Arabia, South Africa etc.)
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Alongside the numerous advantages of Robotic Welding over manual welding, the development of the Industry and its gradual adoption and application across the industry are contributing as a major growth driver of the Robotic Welding Market. Along with robots making excellent welds, the ability to monitor a robot's performance provides an added advantage in collecting data from them and understanding areas for improvement. Insights from the data help improve reliability, response time, and proactively prepare various recovery measures.
In addition, the real-time data obtained enables the production unit to make the right repair and maintenance decisions in a very short time. Sweden-based ESAB has developed a software called Weldcloud, which not only collects data using Azure-based cloud computing services to increase customers' resource productivity and quality, but also helps companies overcome challenges related to skills gaps and document requirements. Continuous R&D, which saves time and streamlines supply chain and manufacturing processes, acts as a growth driver for the market.
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