Market by Payload Capacity, Welding Type, Industry Vertical, and Regional Outlook | Forecast 2022-2028
Robotic
welding is an automated welding technique used in numerous industrial settings
for handling and executing welding operations on components. It automates the
welding process with the help of machines that weld as per a set of
instructions that can be altered to suit the project at hand.
Robotic
welding is a highly advanced form of automated welding in which welders monitor
and maintain control of the operation. Robotic technology facilitates accurate
and quick results, less waste, and enhanced safety. Robotic welding is faster
compared to manual welding as it can access places not previously easily
reachable and form intricate & exact weld lines.
According to Triton Market Research’s report, the Global Robotic Welding Market is likely to grow with a CAGR of 7.35% in the forecast period 2022-2028. The market was valued at $8767.11 million in 2021 and is expected to reach $14184.06 million by 2028.
Click here to check out our blog on the Global Robotic Welding Market
MARKET PERFORMANCE – DRIVERS, CHALLENGES, AND
TRENDS
The key drivers for the robotic welding market
are the surge in the use of robots owing to their high efficiency and the
rising implementation of industry 4.0. Robotic
welding technology encourages the productive use of office space and enhances
supply chain efficiency in end-user businesses. Robotic technologies assist in
easing staff workloads while collaborating with them to increase productivity.
Additionally, the installation of welding robots eliminates the need for
manpower, thus ensuring operational excellence by performing repetitive tasks
effectively and efficiently. As a result, the adoption of welding robots is on
the rise.
The key challenge of the market is the higher
initial cost for the installation of welding robots. Due to the use of high-quality hardware as well
as effective software control systems, automated systems require high initial
investment and maintenance costs. Also, advanced features are incorporated in
welding robots to carry out the welding process. This, in turn, increases the
expenditures associated with welding robots, thus hampering the market’s
growth.
However, the amalgamation of hardware and software in robotic welding presents an overall positive outlook for the market. In robotic welding, the emphasis is primarily on the software and proper programming for the efficient functioning of the hardware. The robotic welding market has been broadened by the widespread application of this innovative technology combination.
KEY GEOGRAPHIES COVERED:
• North America: United States and Canada
• Europe:
United Kingdom, France, Germany, Italy, Romania, Slovakia, Hungary, and Rest of
Europe
• Asia-Pacific:
China, Japan, India, Australia, South Korea, Taiwan, ASEAN Countries, and Rest
of Asia-Pacific
• Latin America: Brazil, Mexico, and Rest of Latin America
• Middle East and Africa: Saudi Arabia, Turkey, United Arab Emirates, South Africa,
Egypt, Iran and Rest of Middle East & Africa
SEGMENTATION ANALYSIS – ROBOTIC WELDING MARKET:
• Market
by Payload Capacity:
o Less
Than 50 kg
o 50
kg to 150 kg
o More
Than 150 kg
• Market
by Welding Type:
o Spot
o Arc
• MIG
• TIG
o Laser
o Plasma
o Other
Welding Types
Spot leads the Welding Type segment in terms of
revenue. Spot is a type of resistance
technique used in robotic welding. Metal pieces or components having electrical
current resistance are joined together in the process. The welding procedure
for spot welding includes joining two or more metal sheets together after
applying heat and pressure from an electric current to the welding area.
• Market
by Industry Vertical:
o Metals
& Machinery
o Electrical
& Electronics
o Automotive
& Transportation
o Other
Industry Verticals
Electrical & Electronics is estimated to progress
with the highest CAGR in the Industry Vertical segment during the forecast
period. The electrical &
electronics vertical focuses on designing and manufacturing electronic and
electrical equipment for consumers and industries. The application of welding
robotics in the electronics & electrical sector is witnessing rapid growth
owing to the need for precision, accuracy, speed, and criticality in welding
operations.
COMPETITIVE LANDSCAPE:
The
competitive landscape helps dive into data about the key players in the robotic
welding market. The strategic initiatives for each of the companies considered
have been covered in detail.
Product Launch (August 2022): Yaskawa Electric
Company
Yaskawa
Electric Company announced a new product line of MOTOMAN-HC30PL (30 kg payload
capacity), which has applications like palletizing metal sheets, cardboards,
and other materials. It is a series of collaborations or cobot series from the
company.
Partnership (January 2022): Kuka AG and Ford
Kuka
AG and Ford signed a new contract in Turkey for the supply of 700+ robots for
Ford’s next-gen EV and commercial vehicle plant in Kocaeli.
KEY BENEFITS OF THE REPORT:
●
Triton
Market Research has a collective experience of 25-30 years in the industry,
with its analysts and experts encompassing the most infallible research
methodology for its market intelligence and industry analysis.
●
Our
research methodology helps in achieving a broader consensus of the market size,
shape, and industry trends within each industry segment.
●
The
strategy adopted in designing the research methodology includes the
amalgamation of the information assembled from primary and secondary sources,
with the assistance of analytical tools to construct the forecast and
predictive models.
●
The
scope of the market report comprises the current scenario of the global robotic
welding market, along with a detailed overview of the industry outlook, market
dynamics, segmentation analysis, regional outlook, and competitive landscape
for the period 2022-2028.
FAQs:
Q 1) What is robotic welding?
Robotic
welding is an automated process that utilizes mechanized programmable tools for
performing welding and handling activities in industries.
Q 2) What is the forecast period considered for
the robotic welding market?
2022-2028
is the forecast period considered for the
robotic welding market.
Q 3) Which is the fastest-growing sub-segment in
the global robotic welding market?
Electrical
& Electronics is the fastest-growing sub-segment in the global robotic welding
market.
1. GLOBAL
ROBOTIC WELDING MARKET – SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
OF COVID-19 ON THE ROBOTIC WELDING MARKET
2.2. EVOLUTION
& TRANSITION OF ROBOTIC WELDING
2.3. KEY
INSIGHTS
2.3.1. AMALGAMATION
OF SOFTWARE & HARDWARE IN ROBOTIC WELDING
2.3.2. DEMAND
FOR COLLABORATIVE ROBOTS
2.4. PORTER’S
FIVE FORCES ANALYSIS
2.4.1. THREAT
OF NEW ENTRANTS
2.4.2. THREAT
OF SUBSTITUTES
2.4.3. BARGAINING
POWER OF BUYERS
2.4.4. BARGAINING
POWER OF SUPPLIERS
2.4.5. THREAT
OF COMPETITIVE RIVALRY
2.5. KEY
BUYING IMPACT ANALYSIS
2.5.1. DELIVERY
COST
2.5.2. SAFETY
2.5.3. EFFICIENCY
2.5.4. ACCURACY
2.6. MARKET
ATTRACTIVENESS INDEX
2.7. VENDOR
SCORECARD
2.8. INDUSTRY
COMPONENTS
2.9. KEY
MARKET STRATEGIES
2.9.1. PRODUCT
LAUNCHES
2.9.2. PARTNERSHIPS
2.9.3. BUSINESS
EXPANSIONS
2.10. MARKET
DRIVERS
2.10.1. IMPLEMENTATION
OF INDUSTRY 4.0
2.10.2. PREFERENCE
FOR ROBOTIC SYSTEMS DUE TO THEIR HIGH EFFICIENCY
2.11. MARKET
CHALLENGE
2.11.1. HIGHER
INITIAL COST FOR THE INSTALLATION OF WELDING ROBOTS
2.12. MARKET
OPPORTUNITIES
2.12.1. R&D
FOR THE DEVELOPMENT OF MIND-CONTROLLED WELDING ROBOTS
2.12.2. GROWTH
IN THE TRANSPORTATION & AUTOMOTIVE SECTORS
3. GLOBAL
ROBOTIC WELDING MARKET OUTLOOK – BY PAYLOAD CAPACITY
3.1. LESS
THAN 50 KG
3.2. 50 KG TO
150 KG
3.3. MORE
THAN 150 KG
4. GLOBAL
ROBOTIC WELDING MARKET OUTLOOK – BY WELDING TYPE
4.1. SPOT
4.2. ARC
4.2.1. MIG
4.2.2. TIG
4.3. LASER
4.4. PLASMA
4.5. OTHER
WELDING TYPES
5. GLOBAL
ROBOTIC WELDING MARKET OUTLOOK – BY INDUSTRY VERTICAL
5.1. METALS
& MACHINERY
5.2. ELECTRICAL
& ELECTRONICS
5.3. AUTOMOTIVE
& TRANSPORTATION
5.4. OTHER
INDUSTRY VERTICALS
6. GLOBAL
ROBOTIC WELDING MARKET – REGIONAL OUTLOOK
6.1. NORTH
AMERICA
6.1.1. MARKET
OUTLOOK BY PAYLOAD CAPACITY
6.1.2. MARKET
OUTLOOK BY WELDING TYPE
6.1.2.1. MARKET
OUTLOOK BY ARC
6.1.3. MARKET
OUTLOOK BY INDUSTRY VERTICAL
6.1.4. COUNTRY
ANALYSIS
6.1.4.1. UNITED
STATES
6.1.4.2. CANADA
6.2. EUROPE
6.2.1. MARKET
OUTLOOK BY PAYLOAD CAPACITY
6.2.2. MARKET
OUTLOOK BY WELDING TYPE
6.2.2.1. MARKET
OUTLOOK BY ARC
6.2.3. MARKET
OUTLOOK BY INDUSTRY VERTICAL
6.2.4. COUNTRY
ANALYSIS
6.2.4.1. GERMANY
6.2.4.2. FRANCE
6.2.4.3. ITALY
6.2.4.4. UNITED
KINGDOM
6.2.4.5. ROMANIA
6.2.4.6. SLOVAKIA
6.2.4.7. HUNGARY
6.2.4.8. REST
OF EUROPE
6.3. ASIA-PACIFIC
6.3.1. MARKET
OUTLOOK BY PAYLOAD CAPACITY
6.3.2. MARKET
OUTLOOK BY WELDING TYPE
6.3.2.1. MARKET
OUTLOOK BY ARC
6.3.3. MARKET
OUTLOOK BY INDUSTRY VERTICAL
6.3.4. COUNTRY
ANALYSIS
6.3.4.1. CHINA
6.3.4.2. JAPAN
6.3.4.3. INDIA
6.3.4.4. SOUTH
KOREA
6.3.4.5. TAIWAN
6.3.4.6. ASEAN
COUNTRIES
6.3.4.7. REST
OF ASIA-PACIFIC
6.4. LATIN
AMERICA
6.4.1. MARKET
OUTLOOK BY PAYLOAD CAPACITY
6.4.2. MARKET
OUTLOOK BY WELDING TYPE
6.4.2.1. MARKET
OUTLOOK BY ARC
6.4.3. MARKET
OUTLOOK BY INDUSTRY VERTICAL
6.4.4. COUNTRY
ANALYSIS
6.4.4.1. BRAZIL
6.4.4.2. MEXICO
6.4.4.3. REST
OF LATIN AMERICA
6.5. MIDDLE
EAST AND AFRICA
6.5.1. MARKET
OUTLOOK BY PAYLOAD CAPACITY
6.5.2. MARKET
OUTLOOK BY WELDING TYPE
6.5.2.1. MARKET
OUTLOOK BY ARC
6.5.3. MARKET
OUTLOOK BY INDUSTRY VERTICAL
6.5.4. COUNTRY
ANALYSIS
6.5.4.1. UNITED
ARAB EMIRATES
6.5.4.2. SAUDI
ARABIA
6.5.4.3. SOUTH
AFRICA
6.5.4.4. TURKEY
6.5.4.5. EGYPT
6.5.4.6. IRAN
6.5.4.7. REST
OF MIDDLE EAST & AFRICA
7. COMPETITIVE
LANDSCAPE
7.1. ABB
LTD
7.2. FANUC
CORPORATION
7.3. YASKAWA
ELECTRIC CORP
7.4. KUKA
AG
7.5. DAIHEN
CORPORATION
7.6. DENSO
CORPORATION
7.7. NACHI-FUJIKOSHI
CORP
7.8. PANASONIC
CORPORATION
7.9. HYUNDAI
MOTOR
7.10. SIASUN
ROBOT & AUTOMATION CO LTD
7.11. KEMPPI
OY
7.12. IGM
ROBOTERSYSTEME AG
7.13. LINCOLN
ELECTRIC HOLDINGS INC
7.14. MILLER
ELECTRIC MFG LLC
7.15. KAWASAKI
HEAVY INDUSTRIES LTD
8. RESEARCH
METHODOLOGY & SCOPE
8.1. RESEARCH
SCOPE & DELIVERABLES
8.2. SOURCES
OF DATA
8.3. RESEARCH
METHODOLOGY
TABLE 1: GLOBAL ROBOTIC
WELDING MARKET, BY REGIONAL OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: LIST OF PRODUCT
LAUNCHES
TABLE 4: LIST OF PARTNERSHIPS
TABLE 5: LIST OF BUSINESS
EXPANSIONS
TABLE 6: GLOBAL ROBOTIC
WELDING MARKET, BY PAYLOAD CAPACITY, 2022-2028 (IN $ MILLION)
TABLE 7: GLOBAL ROBOTIC
WELDING MARKET, BY WELDING TYPE, 2022-2028 (IN $ MILLION)
TABLE 8: GLOBAL ROBOTIC
WELDING MARKET, BY ARC TYPE, 2022-2028 (IN $ MILLION)
TABLE 9: GLOBAL ROBOTIC
WELDING MARKET, BY INDUSTRY VERTICAL, 2022-2028 (IN $ MILLION)
TABLE 10: GLOBAL ROBOTIC
WELDING MARKET, REGIONAL OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 11: NORTH AMERICA
ROBOTIC WELDING MARKET, BY PAYLOAD CAPACITY, 2022-2028 (IN $ MILLION)
TABLE 12: NORTH AMERICA
ROBOTIC WELDING MARKET, BY WELDING TYPE, 2022-2028 (IN $ MILLION)
TABLE 13: NORTH AMERICA
ROBOTIC WELDING MARKET, BY ARC, 2022-2028 (IN $ MILLION)
TABLE 14: NORTH AMERICA
ROBOTIC WELDING MARKET, BY INDUSTRY VERTICAL, 2022-2028 (IN $ MILLION)
TABLE 15: NORTH AMERICA
ROBOTIC WELDING MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 16: EUROPE ROBOTIC
WELDING MARKET, BY PAYLOAD CAPACITY, 2022-2028 (IN $ MILLION)
TABLE 17: EUROPE ROBOTIC
WELDING MARKET, BY WELDING TYPE, 2022-2028 (IN $ MILLION)
TABLE 18: EUROPE ROBOTIC
WELDING MARKET, BY ARC, 2022-2028 (IN $ MILLION)
TABLE 19: EUROPE ROBOTIC
WELDING MARKET, BY INDUSTRY VERTICAL, 2022-2028 (IN $ MILLION)
TABLE 20: EUROPE ROBOTIC
WELDING MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 21: ASIA-PACIFIC ROBOTIC
WELDING MARKET, BY PAYLOAD CAPACITY, 2022-2028 (IN $ MILLION)
TABLE 22: ASIA-PACIFIC ROBOTIC
WELDING MARKET, BY WELDING TYPE, 2022-2028 (IN $ MILLION)
TABLE 23: ASIA-PACIFIC ROBOTIC
WELDING MARKET, BY ARC, 2022-2028 (IN $ MILLION)
TABLE 24: ASIA-PACIFIC ROBOTIC
WELDING MARKET, BY INDUSTRY VERTICAL, 2022-2028 (IN $ MILLION)
TABLE 25: ASIA-PACIFIC ROBOTIC
WELDING MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 26: LATIN AMERICA
ROBOTIC WELDING MARKET, BY PAYLOAD CAPACITY, 2022-2028 (IN $ MILLION)
TABLE 27: LATIN AMERICA
ROBOTIC WELDING MARKET, BY WELDING TYPE, 2022-2028 (IN $ MILLION)
TABLE 28: LATIN AMERICA
ROBOTIC WELDING MARKET, BY ARC, 2022-2028 (IN $ MILLION)
TABLE 29: LATIN AMERICA
ROBOTIC WELDING MARKET, BY INDUSTRY VERTICAL, 2022-2028 (IN $ MILLION)
TABLE 30: LATIN AMERICA ROBOTIC
WELDING MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 31: MIDDLE EAST AND
AFRICA ROBOTIC WELDING MARKET, BY PAYLOAD CAPACITY, 2022-2028 (IN $ MILLION)
TABLE 32: MIDDLE EAST AND
AFRICA ROBOTIC WELDING MARKET, BY WELDING TYPE, 2022-2028 (IN $ MILLION)
TABLE 33: MIDDLE EAST AND
AFRICA ROBOTIC WELDING MARKET, BY ARC, 2022-2028 (IN $ MILLION)
TABLE 34: MIDDLE EAST AND
AFRICA ROBOTIC WELDING MARKET, BY INDUSTRY VERTICAL, 2022-2028 (IN $ MILLION)
TABLE 35: MIDDLE EAST AND
AFRICA ROBOTIC WELDING MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
FIGURE
1: KEY BUYING IMPACT ANALYSIS
FIGURE
2: MARKET ATTRACTIVENESS INDEX
FIGURE
3: INDUSTRY COMPONENTS
FIGURE
4: GLOBAL ROBOTIC WELDING MARKET, BY PAYLOAD CAPACITY, 2021 & 2028 (IN %)
FIGURE
5: GLOBAL ROBOTIC WELDING MARKET, BY LESS THAN 50 KG, 2022-2028 (IN $ MILLION)
FIGURE
6: GLOBAL ROBOTIC WELDING MARKET, BY 50 KG TO 150 KG, 2022-2028 (IN $ MILLION)
FIGURE
7: GLOBAL ROBOTIC WELDING MARKET, BY MORE THAN 150 KG, 2022-2028 (IN $ MILLION)
FIGURE
8: GLOBAL ROBOTIC WELDING MARKET, BY WELDING TYPE, 2021 & 2028 (IN %)
FIGURE
9: GLOBAL ROBOTIC WELDING MARKET, BY SPOT, 2022-2028 (IN $ MILLION)
FIGURE
10: GLOBAL ROBOTIC WELDING MARKET, BY ARC, 2022-2028 (IN $ MILLION)
FIGURE
11: GLOBAL ROBOTIC WELDING MARKET, BY ARC, 2021 & 2028 (IN %)
FIGURE
12: MECHANISM OF MIG TECHNOLOGY IN ROBOTIC WELDING
FIGURE
13: GLOBAL ROBOTIC WELDING MARKET, BY MIG, 2022-2028 (IN $ MILLION)
FIGURE
14: MECHANISM OF TIG TECHNOLOGY IN ROBOTIC WELDING
FIGURE
15: GLOBAL ROBOTIC WELDING MARKET, BY TIG, 2022-2028 (IN $ MILLION)
FIGURE
16: GLOBAL ROBOTIC WELDING MARKET, BY LASER, 2022-2028 (IN $ MILLION)
FIGURE
17: GLOBAL ROBOTIC WELDING MARKET, BY PLASMA, 2022-2028 (IN $ MILLION)
FIGURE
18: GLOBAL ROBOTIC WELDING MARKET, BY OTHER WELDING TYPES, 2022-2028 (IN $
MILLION)
FIGURE
19: GLOBAL ROBOTIC WELDING MARKET, BY INDUSTRY VERTICAL, 2021 & 2028 (IN %)
FIGURE
20: GLOBAL ROBOTIC WELDING MARKET, BY METALS & MACHINERY, 2022-2028 (IN $
MILLION)
FIGURE
21: GLOBAL ROBOTIC WELDING MARKET, BY ELECTRICAL & ELECTRONICS, 2022-2028
(IN $ MILLION)
FIGURE
22: GLOBAL ROBOTIC WELDING MARKET, BY AUTOMOTIVE & TRANSPORTATION,
2022-2028 (IN $ MILLION)
FIGURE
23: GLOBAL ROBOTIC WELDING MARKET, BY OTHER INDUSTRY VERTICALS, 2022-2028 (IN $
MILLION)
FIGURE
24: GLOBAL ROBOTIC WELDING MARKET, REGIONAL OUTLOOK, 2021 & 2028 (IN %)
FIGURE
25: NORTH AMERICA ROBOTIC WELDING MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN
%)
FIGURE
26: UNITED STATES ROBOTIC WELDING MARKET 2022-2028 (IN $ MILLION)
FIGURE
27: CANADA ROBOTIC WELDING MARKET 2022-2028 (IN $ MILLION)
FIGURE
28: EUROPE ROBOTIC WELDING MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE
29: GERMANY ROBOTIC WELDING MARKET 2022-2028 (IN $ MILLION)
FIGURE
30: FRANCE ROBOTIC WELDING MARKET 2022-2028 (IN $ MILLION)
FIGURE
31: ITALY ROBOTIC WELDING MARKET 2022-2028 (IN $ MILLION)
FIGURE
32: UNITED KINGDOM ROBOTIC WELDING MARKET 2022-2028 (IN $ MILLION)
FIGURE
33: ROMANIA ROBOTIC WELDING MARKET 2022-2028 (IN $ MILLION)
FIGURE
34: SLOVAKIA ROBOTIC WELDING MARKET 2022-2028 (IN $ MILLION)
FIGURE
35: HUNGARY ROBOTIC WELDING MARKET 2022-2028 (IN $ MILLION)
FIGURE
36: REST OF EUROPE ROBOTIC WELDING MARKET 2022-2028 (IN $ MILLION)
FIGURE
37: ASIA-PACIFIC ROBOTIC WELDING MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN
%)
FIGURE
38: CHINA ROBOTIC WELDING MARKET 2022-2028 (IN $ MILLION)
FIGURE
39: JAPAN ROBOTIC WELDING MARKET 2022-2028 (IN $ MILLION)
FIGURE
40: INDIA ROBOTIC WELDING MARKET 2022-2028 (IN $ MILLION)
FIGURE
41: SOUTH KOREA ROBOTIC WELDING MARKET 2022-2028 (IN $ MILLION)
FIGURE
42: TAIWAN ROBOTIC WELDING MARKET 2022-2028 (IN $ MILLION)
FIGURE
43: ASEAN COUNTRIES ROBOTIC WELDING MARKET 2022-2028 (IN $ MILLION)
FIGURE
44: REST OF ASIA-PACIFIC ROBOTIC WELDING MARKET 2022-2028 (IN $ MILLION)
FIGURE
45: LATIN AMERICA ROBOTIC WELDING MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN
%)
FIGURE
46: BRAZIL ROBOTIC WELDING MARKET 2022-2028 (IN $ MILLION)
FIGURE
47: MEXICO ROBOTIC WELDING MARKET 2022-2028 (IN $ MILLION)
FIGURE
48: REST OF LATIN AMERICA ROBOTIC WELDING MARKET 2022-2028 (IN $ MILLION)
FIGURE
49: MIDDLE EAST AND AFRICA ROBOTIC WELDING MARKET, COUNTRY OUTLOOK, 2021 &
2028 (IN %)
FIGURE
50: UNITED ARAB EMIRATES ROBOTIC WELDING MARKET 2022-2028 (IN $ MILLION)
FIGURE
51: SAUDI ARABIA ROBOTIC WELDING MARKET 2022-2028 (IN $ MILLION)
FIGURE
52: SOUTH AFRICA ROBOTIC WELDING MARKET 2022-2028 (IN $ MILLION)
FIGURE
53: TURKEY ROBOTIC WELDING MARKET 2022-2028 (IN $ MILLION)
FIGURE
54: EGYPT ROBOTIC WELDING MARKET 2022-2028 (IN $ MILLION)
FIGURE
55: IRAN ROBOTIC WELDING MARKET 2022-2028 (IN $ MILLION)
FIGURE
56: REST OF MIDDLE EAST & AFRICA ROBOTIC WELDING MARKET 2022-2028 (IN $
MILLION)