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The Industrial Welding Robots Market size is estimated to grow at a CAGR of 6.66% between 2022 and 2027 and the size of the market is forecast to increase by USD 2,872.92 million. The growth of the market depends on several factors including, the growing popularity of industrial robots in APAC, the growing need for automated welding processes, and the stringent regulatory framework to ensure the safety of the workforce.
This report extensively covers market segmentation by product (spot welding robots, arc welding robots, and laser welding robots), end-user (automotive, electrical and electronics, heavy machinery, and others), and geography( APAC, Europe, North America, South America, and the Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.
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Our analysis of the adoption life cycle of the market indicates its movement between the innovator’s stage and the laggard’s stage. The report illustrates the lifecycle of the market, focusing on the adoption rates of the major countries. Technavio has included key purchase criteria, adoption rates, adoption lifecycles, and drivers of price sensitivity to help companies evaluate and develop growth strategies from 2022 to 2027.
Global Industrial Welding Robots Market Customer Landscape
Our researchers studied the data for years, with 2022 as the base year and 2023 as the estimated year, and presented the key drivers, trends, and challenges for the market. Although there has been a disruption in the growth of the market during the COVID-19 pandemic, a holistic analysis of drivers, trends, and challenges will help companies refine marketing strategies to gain a competitive advantage.
The growing popularity of industrial robots in APAC is the key driver for the growth of the Industrial Welding Robots Market. APAC is the new market for the industrial robotics space. Moreover, the economic growth in the region has led to a growth in industrialization and the manufacturing sectors. Industrial robots have assumed the role of new skilled labor, driven by their precision in executing functions such as welding, cutting, and assembly. APAC region the Countries like China, South Korea, and Japan have the majority of the demand from the automotive, electronics, and metal industries. With the rising demand for industrial robotics, APAC provides a huge opportunity for robot manufacturers to expand their sales.
Moreover, due to the work proficiency that industrial robots offer they serve as skilled laborers. Countries such as China, South Korea, and Japan have a high demand for welding robots. However, factors such as rising labor costs due to a drop in population and increasing investments in the manufacturing sector influence the industrial operators to reduce OPEX to compete in the global market. Due to government initiatives to boost their manufacturing sectors countries such as India, Singapore, Vietnam, and Malaysia have also observed a rise in the demand for welding robots. For example, the Make in India initiative has attracted huge FDIs in the manufacturing sector. The rise in manufacturing activities has pushed the demand for welding robots in IndiaAlthough these countries are highly labor-centric at present, they face intense global competition and quality demand. This will push the demand for welding robots, which will thereby, drive the growth of the market focus during the forecast period.
The emergence of collaborative arc welding robots is the key trend in the industrial welding robots market. These robots are made to work with humans and use specialized sensors and robot controllers for operation. These robots are built by using advanced smart sensors such as torque sensors and built-in safety sensors to enhance coordination and sense the environment. Factors such as advanced coordination, and low cost for manufacturing increased their popularity among the industry players.
Moreover, companies such as Ford and Volkswagen have shown great interest in cobots and adopted these solutions. Automotive Original Equipment Manufacturers are forming collaborations with institutions and other companies that offer advanced solutions to develop advanced cobots with adaptive control. Industrial robots are mainly used in welding work across manufacturing facilities. However, they lack the capability of working safely with the workforce. Vendors are focused on developing welding robots due to their increasing demand. For example, in August 2022, Acieta launched a new collaborative robotic system for welding. Thus, the launch of such cobots for welding will positively impact the market in focus during the forecast period.
The operational challenges associated with welding robots is the primary challenge for the industrial welding robots market. The welding robots are beneficial 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. The applications such as small batch size and large gaps between parts can affect the performance of the robots and increase welding time For example, if the parts have tight access points (a consistent gap between metal parts less than 0.5mm to 1mm)
Moreover, a few technical challenges for welding robots are poor fixtures and variations in the metal forming process may lead to incompatible welding by the robots. Hence, the preceding operation of metal forming is undertaken with high precision so as to generate consistent ends of the metal. In addition, for batch manufacturing or repair work, the time taken to program the robots is quite high. However, offline programming provides a remedy to reduce the efforts and time in reprogramming. However, since the teach pendant is the current predominantly used method of programming, extended operational downtime is a major factor. Such operational or technical challenges of robotic welding will limit its adoption among end-users, which in turn will hamper the growth of the market in focus during the forecast period.
Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Bystronic Laser AG: The company offers welding robots such as Micro Cell, Compact Cell, and Compact System.
Illinois Tool Works Inc.: The company offers welding robots such as Hercules's automated MIG welding system.
We also have detailed analyses of the market’s competitive landscape and offer information on 20 market vendors, including:
Technavio report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies vendors into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Vendors are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.
The spot-wealding robots segment will account for a major share of the market's growth during the forecast period. Spot welding is a major process in manufacturing facilities across end-users. Industry players are adopting spot welding robots to increase their productivity and achieve operational efficiency. These robots are used to join metal sheet frames quickly and efficiently. This type of welding can execute difficult welding operations while offering consistent process quality. These robots use copper alloys for transmitting electric current to the welding point and contain a spot welding gun at the terminal point of the robot wrist instead of an end-effector.
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The spot welding robots segment was valued at USD 3,100.35 million in 2017 and continued to grow until 2021.?Due to the growing use of spot welding robots in the automotive, electronics, and heavy machinery industries. The introduction of new materials, such as composites and carbon fibers, in the industrial processes is expected to boost the scope of robots in spot welding operations. Rapid advancement in technical terms of flexibility to install spot welding robots, multi-robot welding cells, application-specific software, energy-efficient robots, and improvement in spot welding guns will increase their popularity among industry players during the forecast period.
Based on the end-user, the market has been segmented into automotive, electrical and electronics, heavy machinery, and others The automotive?segment will account for the largest share of this segment. Welding robots have a dominant share in the automotive industry and are used mainly by automotive part manufacturers to weld car parts such as car axles, seats and exhausts, and brackets. Governments globally are increasingly enforcing strict mandates on vehicle emissions. Hence, automotive manufacturers are shifting toward the use of lightweight metal parts such as aluminum and manganese to obey the regulatory norms. Furthermore, robots such as laser welding robots and plasma welding robots can weld suspension components with a material thickness of 2 mm to 4 mm, which provides better leverage in achieving the required finish and quality after the welding process in the automotive industry. such advances to enhance the performance of spot welding robots are expected during the forecast period, which will drive the market in focus during the forecast period.
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APAC is estimated to contribute 60% to the growth of global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period. In APAC, because of government initiatives factors such as an increase in the demand for automobiles and the strong manufacturing sector that are leading to the growth of the industrial welding robots market in APAC. Countries such as China and India are rising their investments in automation solutions in manufacturing plants to improve productivity and reduce cycle times. In addition, major market growth in APAC will come from countries such as China, India, Japan, and South Korea.
Furthermore, in APAC the aerospace and defense industry was increasing due to strong growth in passenger and air cargo traffic. Strong economic growth, coupled with the rise in low-cost carriers, has resulted in the growth of air traffic in the region. For example, in India, several low-cost airlines have entered the passenger aviation market. These airlines are planning to increase the number of aircraft for future expansion. However, other countries in Southeast Asia, such as Thailand, Vietnam, the Philippines, and Indonesia, are also aiming at developing their Maintenance, Repair, and Overhaul (MRO) market for the aerospace and defense industry. The rising passenger aerospace market and growing investments in MRO facilities in Southeast Asia will drive the growth of the industrial welding robots market in the aerospace and defense industry in APAC.
The outbreak of COVID-19 in 2020 affected many countries in the region, such as China, India, South Korea, and Japan. To prevent the community spread of the disease, many countries imposed a nationwide lockdown. However, the huge initiation of vaccination drives and the resumption of operations in end-user industries stabilized the growth of the regional industrial welding robots market in the first half of 2021. Furthermore, the increasing development in industrial robotic technology by the vendors such as Yaskawa will drive the regional market during the forecast period.
The industrial welding robots market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
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Industrial Welding Robots Market Scope |
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Report Coverage |
Details |
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Page number |
174 |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 6.66% |
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Market growth 2023-2027 |
USD 2,872.92 million |
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Market structure |
Fragmented |
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YoY growth 2022-2023(%) |
5.85 |
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Regional analysis |
APAC, Europe, North America, South America, and Middle East and Africa |
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Performing market contribution |
APAC at 60% |
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Key countries |
US, China, Japan, South Korea, and Germany |
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Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
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Key companies profiled |
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, OMRON Corp., Panasonic Holdings Corp., Smenco Pty Ltd., SRDR Robotics, Stellantis NV, Teradyne Inc., The Lincoln Electric Co., and Yaskawa Electric Corp. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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