Global Robotic Welding Market Growth 2023-2029

Global Robotic Welding Market Growth 2023-2029

Robotic welding is the use of mechanized programmable tools (robots), which completely automate a welding process by both performing 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 sometimes prepares the materials to be welded. Robot welding is commonly used for resistance spot welding and arc welding in high production applications, such as the automotive industry.
LPI (LP Information)' newest research report, the “Robotic Welding Industry Forecast” looks at past sales and reviews total world Robotic Welding sales in 2022, providing a comprehensive analysis by region and market sector of projected Robotic Welding sales for 2023 through 2029. With Robotic Welding sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Robotic Welding industry.
This Insight Report provides a comprehensive analysis of the global Robotic Welding landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Robotic Welding portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Robotic Welding market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Robotic Welding and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Robotic Welding.
The global Robotic Welding market size is projected to grow from US$ 8691.8 million in 2022 to US$ 19380 million in 2029; it is expected to grow at a CAGR of 19380 from 2023 to 2029.
For the major players of Robotic Welding, Fanuc maintained its first place in the ranking in 2019, followed by ABB, Yaskawa, KUKA and Kawasaki Heavy Industries. Top 5 players accounted for 38% of the Global Robotic Welding revenue market share in 2019.
The manufacturer headquarters is mainly distributed in Europe, China, South Korea and Japan.
On the basis of product type including Arc Welding and Spot Welding. Arc Welding segment accounted for the largest sales volume market share by nearly 59% in 2019.
In the applications, there are Automotive & Transportation, Electricals & Electronics and Metals & Machinery. Automotive & Transportation segment was estimated to account for the highest market share of 36% in 2019.
This report presents a comprehensive overview, market shares, and growth opportunities of Robotic Welding market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Arc Welding
Spot Welding
Others
Segmentation by application
Automotive & Transportation
Electricals & Electronics
Metals & Machinery
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Fanuc
ABB
Yaskawa
KUKA
Kawasaki Heavy Industries
Nachi-Fujikoshi
Comau
Mitsubishi
Hyundai Robotics
Yamaha
EFORT Group
Nanjing Estun
Daihen
Staubli
Siasun
STEP
Panasonic
Cloos
IGM Robotersysteme

Key Questions Addressed in this Report
What is the 10-year outlook for the global Robotic Welding market?
What factors are driving Robotic Welding market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Robotic Welding market opportunities vary by end market size?
How does Robotic Welding break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.