Global Welding Robot Market Growth 2023-2029

Global Welding Robot Market Growth 2023-2029

Welding robot is a kind of industrial robot used in welding processes, where two materials are fused together through heating, intermixing, and then cooling the materials to form a strong join. Welding robot is automated and it can help increasing efficiencies & consistencies. Welding robot is widely used in automotive industry, equipment, machinery industry, and ship industry, etc.

LPI (LP Information)' newest research report, the “Welding Robot Industry Forecast” looks at past sales and reviews total world Welding Robot sales in 2022, providing a comprehensive analysis by region and market sector of projected Welding Robot sales for 2023 through 2029. With Welding Robot sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Welding Robot industry.

This Insight Report provides a comprehensive analysis of the global Welding Robot 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 Welding Robot portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Welding Robot market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Welding Robot 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 Welding Robot.

The global Welding Robot market size is projected to grow from US$ 8696.7 million in 2022 to US$ 19390 million in 2029; it is expected to grow at a CAGR of 19390 from 2023 to 2029.

Global Welding Robot key players include ABB, FANUC, Yaskawa, KUKA, Kawasaki, etc. Global top five manufacturers hold a share over 70%.

Asia is the largest market, with a share over 50%, followed by Europe and America, both have a share about 45%.

In terms of product, Arc Welding Robot is the largest segment, with a share over 55%. And in terms of application, the largest application is Automotive, followed by Equipment and Machinery, Ship, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Welding Robot market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Spot Welding Robot

Arc Welding Robot

Others

Segmentation by application

Automotive

Equipment and Machinery

Ship

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

OTC

Kawasaki

Panasonic

NACHI

Comau

Hyundai

ClOOS

REIS

STUAA

IGM

Siasun

GSK CNC

Effort

STEP Electric

PeiTian

Key Questions Addressed in this Report

What is the 10-year outlook for the global Welding Robot market?

What factors are driving Welding Robot market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Welding Robot market opportunities vary by end market size?

How does Welding Robot 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.