Industrial Welding Robots Market by Product, End-user, and Geography - Forecast and Analysis 2023-2027

Published: Oct 2023 Pages: 174 SKU: IRTNTR46545

Global Industrial Welding Robots Market Forecast 2023-2027

The Global Industrial Welding Robots Market size is forecast to increase by USD 2.87 billion at a CAGR of 6.66% between 2022 and 2027. The market experiences growth driven by critical factors shaping industrial automation. With the increasing popularity of industrial robots, particularly in the APAC region, there's a heightened demand for automated solutions to improve efficiency and productivity. Additionally, the growing need for automated welding processes further accelerates market expansion as manufacturers seek to streamline operations and reduce labor costs. Moreover, stringent regulatory frameworks mandating workforce safety propel the adoption of welding robots, ensuring compliance and enhancing workplace safety standards globally. This dynamic market landscape underscores the pivotal role of industrial welding robots in driving efficiency and safety in manufacturing operations worldwide. This report also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the size of the Industrial Welding Robots Market During the Forecast Period?

To learn more about this report,  Download Report Sample

Market Segmentation

Product Segment Analysis 

The spot-welding 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 these 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.

Get a Customised Report as per your requirements for FREE!

The spot welding robots segment was valued at USD 3.10 billion in 2017 and continued to grow until 2021.?Due to the growing use of these 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. 

Regional Analysis

For more insights on the market share of various regions View PDF Sample now!

APAC is estimated to contribute 60% to the growth of the 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 market in APAC. Countries such as China and India are raising 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 market in the aerospace and defense industry in APAC.

Market Dynamics and Customer Landscape

The market leverages IoT, cyber-physical systems, and cloud robotics to revolutionize modern manufacturing in sectors like automotive, transportation, metals, and machinery. With data-driven decision-making and real-time analytics, welding robot manufacturers provide advanced robotics solutions for welding applications, ensuring efficiency, flexibility, and cost-effectiveness. Despite economic downturns and strict lockdowns impacting manufacturing facilities and supply chains, stakeholders adapt to overcome challenges in technology and component supply chains, transport restrictions, and raw material shortages, driving the adoption of industrial robots for streamlined production schedules. 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.

Key Market Driver

The growing popularity of industrial robots in APAC is the key driver for the growth of the market. The rapid adoption of industrial robots in the Asia-Pacific (APAC) region stands out as the primary catalyst propelling the market growth. APAC emerges as a burgeoning market for the industrial robotics domain, fueled by robust economic growth and the rapid expansion of industrialization and manufacturing sectors within the region. Industrial robots, equipped with advanced capabilities, are revolutionizing various functions such as welding, cutting, and assembly, effectively replacing traditional skilled labor.

Countries like China, South Korea, and Japan stand at the forefront of this trend, with significant demand stemming from key industries such as automotive, electronics, and metals. The precision and efficiency offered by industrial robots, particularly in welding applications, address the evolving needs of these industries. Moreover, the escalating labor costs resulting from demographic shifts and heightened investments in manufacturing sectors drive industrial operators to optimize operational expenses (OPEX) for global competitiveness.

Government initiatives aimed at bolstering the manufacturing sectors, as observed in countries like India, Singapore, Vietnam, and Malaysia, further contribute to the surge in demand. For instance, initiatives like Make in India attract substantial foreign direct investments (FDIs), spurring manufacturing activities and subsequently augmenting the demand in India. Despite their current reliance on labor-intensive practices, these countries face intense global competition and stringent quality standards, necessitating the adoption of these to enhance efficiency and meet demand. This trend is poised to drive significant market growth focus during the forecast period, as industrial players increasingly embrace advanced robotics solutions to bolster their manufacturing capabilities.

Significant Market Trends

The emergence of collaborative arc welding robots is the key trend in the 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. Companies are focused on developing these 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.

Major Market Challenges

The operational challenges associated are the primary challenge for the 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 other technical challenges 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.

Customer Landscape

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

Who are the Major Market Companies?

Companies 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 Companies, including:

  • ABB Ltd.
  • Acieta LLC
  • Carl Cloos Schweisstechnik GmbH
  • Daihen Corp.
  • EWM AG
  • FANUC Corp.
  • HD Hyundai Co. Ltd.
  • 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.
  • Yaskawa Electric Corp.

Technavio report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies Companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.  

Market Analyst Overview

The market is witnessing a transformative shift with the integration of cutting-edge technologies such as IIoT (Industrial Internet of Things), cyber-physical systems, and cloud computing. Welding processes are being revolutionized by cloud robotics and big data analytics, enabling welding robot manufacturers to enhance efficiency and productivity. Industries such as the automotive industry, transportation industry, metals and machinery industry, and electrical and electronics industry are increasingly adopting data-driven decision-making and advanced robotics for cost-effectiveness and improved outcomes. Despite challenges like economic downturns and strict lockdowns, stakeholders are leveraging real-time data analytics to optimize production schedules and navigate disruptions in supply chains and transport restrictions while ensuring access to crucial raw materials.

In the realm of modern manufacturing, robotics solutions are becoming increasingly prevalent, particularly in welding applications. Integrating machine vision technologies and leveraging streamlined technology and component supply chains, industries such as construction are enhancing their capabilities in welding various components like pipes and structural elements. With a focus on ensuring consistent weld quality, these robotic systems also facilitate seamless data collection for predictive maintenance, preemptively identifying potential issues to optimize operational efficiency and minimize downtime. This convergence of advanced technologies underscores the pivotal role of robotics in modern industrial processes, offering both precision and productivity in welding applications across diverse sectors.

Segment Overview

The market research and growth 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. 

  • Product Outlook 
    • Spot welding-robots
    • Arc welding-robots
    • Laser welding-robots
  • End-user Outlook 
    • Automotive
    • Electrical and electronics
    • Heavy machinery
    • Others
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • South America
      • Chile
      • Brazil
      • Argentina
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Industrial-Welding-Robots Market Scope

Report Coverage

Details

Page number

174

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 6.66%

Market growth 2023-2027

USD 2.87 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

5.85

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 60%

Key countries

US, China, Japan, South Korea, and Germany

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

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.

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.

Customization purview

If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Request PDF sample

What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting between 2023 and 2027
  • Precise estimation of the market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Market growth analysis across APAC, Europe, North America, South America, and the Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Market forecasting of factors that will challenge the growth of companies

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global industrial welding robots market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global industrial welding robots market 2017 - 2021 ($ million)
    • 4.2 Product Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)
    • 4.3 End-user Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Product

    • 6.1 Market segments
      • Exhibit 30: Chart on Product - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
    • 6.2 Comparison by Product
      • Exhibit 32: Chart on Comparison by Product
      • Exhibit 33: Data Table on Comparison by Product
    • 6.3 Spot welding robots - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Spot welding robots - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Spot welding robots - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Spot welding robots - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Spot welding robots - Year-over-year growth 2022-2027 (%)
    • 6.4 Arc welding robots - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Arc welding robots - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Arc welding robots - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Arc welding robots - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Arc welding robots - Year-over-year growth 2022-2027 (%)
    • 6.5 Laser welding robots - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Laser welding robots - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Laser welding robots - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Laser welding robots - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Laser welding robots - Year-over-year growth 2022-2027 (%)
    • 6.6 Market opportunity by Product
      • Exhibit 46: Market opportunity by Product ($ million)
      • Exhibit 47: Data Table on Market opportunity by Product ($ million)

    7 Market Segmentation by End-user

    • 7.1 Market segments
      • Exhibit 48: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 49: Data Table on End-user - Market share 2022-2027 (%)
    • 7.2 Comparison by End-user
      • Exhibit 50: Chart on Comparison by End-user
      • Exhibit 51: Data Table on Comparison by End-user
    • 7.3 Automotive - Market size and forecast 2022-2027
      • Exhibit 52: Chart on Automotive - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Data Table on Automotive - Market size and forecast 2022-2027 ($ million)
      • Exhibit 54: Chart on Automotive - Year-over-year growth 2022-2027 (%)
      • Exhibit 55: Data Table on Automotive - Year-over-year growth 2022-2027 (%)
    • 7.4 Electrical and electronics - Market size and forecast 2022-2027
      • Exhibit 56: Chart on Electrical and electronics - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Data Table on Electrical and electronics - Market size and forecast 2022-2027 ($ million)
      • Exhibit 58: Chart on Electrical and electronics - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on Electrical and electronics - Year-over-year growth 2022-2027 (%)
    • 7.5 Heavy machinery - Market size and forecast 2022-2027
      • Exhibit 60: Chart on Heavy machinery - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Data Table on Heavy machinery - Market size and forecast 2022-2027 ($ million)
      • Exhibit 62: Chart on Heavy machinery - Year-over-year growth 2022-2027 (%)
      • Exhibit 63: Data Table on Heavy machinery - Year-over-year growth 2022-2027 (%)
    • 7.6 Others - Market size and forecast 2022-2027
      • Exhibit 64: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 65: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 66: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 67: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.7 Market opportunity by End-user
      • Exhibit 68: Market opportunity by End-user ($ million)
      • Exhibit 69: Data Table on Market opportunity by End-user ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 71: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 72: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 73: Chart on Geographic comparison
      • Exhibit 74: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 North America - Market size and forecast 2022-2027
      • Exhibit 83: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 87: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 95: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 Japan - Market size and forecast 2022-2027
      • Exhibit 99: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.10 US - Market size and forecast 2022-2027
      • Exhibit 103: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 104: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.11 South Korea - Market size and forecast 2022-2027
      • Exhibit 107: Chart on South Korea - Market size and forecast 2022-2027 ($ million)
      • Exhibit 108: Data Table on South Korea - Market size and forecast 2022-2027 ($ million)
      • Exhibit 109: Chart on South Korea - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on South Korea - Year-over-year growth 2022-2027 (%)
    • 9.12 Germany - Market size and forecast 2022-2027
      • Exhibit 111: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 112: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 113: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 114: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 115: Market opportunity by geography ($ million)
      • Exhibit 116: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 117: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 119: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 120: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 121: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 122: Matrix on vendor position and classification
            • 12.3 ABB Ltd.
              • Exhibit 123: ABB Ltd. - Overview
              • Exhibit 124: ABB Ltd. - Business segments
              • Exhibit 125: ABB Ltd. - Key offerings
              • Exhibit 126: ABB Ltd. - Segment focus
            • 12.4 Bystronic Laser AG
              • Exhibit 127: Bystronic Laser AG - Overview
              • Exhibit 128: Bystronic Laser AG - Product / Service
              • Exhibit 129: Bystronic Laser AG - Key offerings
            • 12.5 Carl Cloos Schweisstechnik GmbH
              • Exhibit 130: Carl Cloos Schweisstechnik GmbH - Overview
              • Exhibit 131: Carl Cloos Schweisstechnik GmbH - Product / Service
              • Exhibit 132: Carl Cloos Schweisstechnik GmbH - Key offerings
            • 12.6 Illinois Tool Works Inc.
              • Exhibit 133: Illinois Tool Works Inc. - Overview
              • Exhibit 134: Illinois Tool Works Inc. - Business segments
              • Exhibit 135: Illinois Tool Works Inc. - Key news
              • Exhibit 136: Illinois Tool Works Inc. - Key offerings
              • Exhibit 137: Illinois Tool Works Inc. - Segment focus
            • 12.7 Kawasaki Heavy Industries Ltd.
              • Exhibit 138: Kawasaki Heavy Industries Ltd. - Overview
              • Exhibit 139: Kawasaki Heavy Industries Ltd. - Business segments
              • Exhibit 140: Kawasaki Heavy Industries Ltd. - Key news
              • Exhibit 141: Kawasaki Heavy Industries Ltd. - Key offerings
              • Exhibit 142: Kawasaki Heavy Industries Ltd. - Segment focus
            • 12.8 Kemppi Oy
              • Exhibit 143: Kemppi Oy - Overview
              • Exhibit 144: Kemppi Oy - Product / Service
              • Exhibit 145: Kemppi Oy - Key offerings
            • 12.9 MIDEA Group
              • Exhibit 146: MIDEA Group - Overview
              • Exhibit 147: MIDEA Group - Business segments
              • Exhibit 148: MIDEA Group - Key offerings
              • Exhibit 149: MIDEA Group - Segment focus
            • 12.10 OMRON Corp.
              • Exhibit 150: OMRON Corp. - Overview
              • Exhibit 151: OMRON Corp. - Business segments
              • Exhibit 152: OMRON Corp. - Key news
              • Exhibit 153: OMRON Corp. - Key offerings
              • Exhibit 154: OMRON Corp. - Segment focus
            • 12.11 Panasonic Holdings Corp.
              • Exhibit 155: Panasonic Holdings Corp. - Overview
              • Exhibit 156: Panasonic Holdings Corp. - Product / Service
              • Exhibit 157: Panasonic Holdings Corp. - Key news
              • Exhibit 158: Panasonic Holdings Corp. - Key offerings
            • 12.12 Smenco Pty Ltd.
              • Exhibit 159: Smenco Pty Ltd. - Overview
              • Exhibit 160: Smenco Pty Ltd. - Product / Service
              • Exhibit 161: Smenco Pty Ltd. - Key offerings
            • 12.13 SRDR Robotics
              • Exhibit 162: SRDR Robotics - Overview
              • Exhibit 163: SRDR Robotics - Product / Service
              • Exhibit 164: SRDR Robotics - Key offerings
            • 12.14 Stellantis NV
              • Exhibit 165: Stellantis NV - Overview
              • Exhibit 166: Stellantis NV - Business segments
              • Exhibit 167: Stellantis NV - Key news
              • Exhibit 168: Stellantis NV - Key offerings
              • Exhibit 169: Stellantis NV - Segment focus
            • 12.15 Teradyne Inc.
              • Exhibit 170: Teradyne Inc. - Overview
              • Exhibit 171: Teradyne Inc. - Business segments
              • Exhibit 172: Teradyne Inc. - Key news
              • Exhibit 173: Teradyne Inc. - Key offerings
              • Exhibit 174: Teradyne Inc. - Segment focus
            • 12.16 The Lincoln Electric Co.
              • Exhibit 175: The Lincoln Electric Co. - Overview
              • Exhibit 176: The Lincoln Electric Co. - Business segments
              • Exhibit 177: The Lincoln Electric Co. - Key news
              • Exhibit 178: The Lincoln Electric Co. - Key offerings
              • Exhibit 179: The Lincoln Electric Co. - Segment focus
            • 12.17 Yaskawa Electric Corp.
              • Exhibit 180: Yaskawa Electric Corp. - Overview
              • Exhibit 181: Yaskawa Electric Corp. - Business segments
              • Exhibit 182: Yaskawa Electric Corp. - Key offerings
              • Exhibit 183: Yaskawa Electric Corp. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 184: Inclusions checklist
                • Exhibit 185: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 186: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 187: Research methodology
                • Exhibit 188: Validation techniques employed for market sizing
                • Exhibit 189: Information sources
              • 13.5 List of abbreviations
                • Exhibit 190: List of abbreviations

              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

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              industrial welding robots market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

              Why should you prefer Technavio's market insights report?

              • Off-the-shelf research reports
              • Reports can be tailored to meet the customer's needs
              • Trusted by more than 100 fortune 500 organizations
              • Information about the market's key drivers, trends, and challenges
              • Parent market analysis
              • Every week, 50,000 people visit our subscription platform
              • Detailed vendors report with competitive landscape
              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis