Asia Pacific Robotic Welding Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Spot Welding, Arc Welding, and Others), Payload (Less Than 50 Kg, 50-150 Kg, and More Than 150 Kg), and End-User (Automotive and Transportation, Electrical and Electronics, Metal and Machinery, Construction, and Others)
The robotic welding market in Asia-Pacific is expected to grow from US$ 3,240.24 million in 2021 to US$ 8,350.41 million by 2028; it is estimated to grow at a CAGR of 14.5% from 2021 to 2028.
When welding projects require accuracy for a high volume of parts, laser welding is the preferred method to join metals. Small parts such as jewelry or medical components often use laser welding. Laser welding technology offers high welding speed, reduces rework, provides increased reliability, ensures improved weld quality, and offers high precision in producing medium- and large-batch sizes of output products at a low unit cost. This technology allows narrow welds that require minimal changes to the welded products. It can also be used in high-volume applications that require increased accuracy in the automotive & transportation, electrical & electronics, and aerospace & defense industries. Plasma welding offers high flexibility because the operator can easily change the speed of gas passing through the nozzle and the temperature. Plasma welding technology is also used in the automotive & transportation and electrical & electronics industries, wherein flexibility is essential as velocity and temperatures can be easily adjusted. Thus, the emergence of laser & plasma welding processes is expected to create lucrative growth opportunities for robot welding manufacturers during the forecast period, which is further anticipated to drive the robotic welding market in Asia-Pacific.
China, Japan, India, South Korea, and India are among the countries that have many electronics & automotive manufacturers and end-users. Despite the economic crisis in 2020, the deployment of the industrial robot market in Asia-Pacific grew by 7% from 249,598 units in 2019. End-users from countries such as China, South Korea, Singapore, Japan, Taiwan, and Malaysia showcased growth in the adoption of industrial robotics, including robotic welding, in 2020. However, end-users from countries such as India, Thailand, and Vietnam observed a drop in the deployment of industrial robotics, including robotic welding. Further, owing to containment measures enacted by the government, the supply side of robotics manufacturers, including the robotic welding, were marginally affected till Q3 of 2020; however, the supply chain was stabilized from Q4 of 2020.
Asia-Pacific Robotic Welding Market Revenue and Forecast to 2028 (US$ Million)
Asia-Pacific Robotic Welding Market Segmentation
Asia-Pacific Robotic Welding Market - By Type
Spot Welding Arc Welding Others Asia-Pacific Robotic Welding Market - By Payload
Less than 50 Kg 50 KG -150 Kg More than 150 Kg Asia-Pacific Robotic Welding Market - By End-User
Automotive & Transportation Electrical & Electronics Metals & Machinery Construction Others Asia-Pacific Robotic Welding Market- By Country
China India Japan South Korea The Rest of Asia-Pacific Asia-Pacific Robotic Welding Market-Companies Mentioned
ABB Fanuc Corporation Kawasaki Heavy Industries, Ltd. Kuka AG NACHI FUJIKOSHI CORP OTC DAIHEN Panasonic Corporation Yaskawa Electric Corporation
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