North America 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 North America is expected to grow from US$ 516.73 million in 2021 to US$ 1,488.11 million by 2028; it is estimated to grow at a CAGR of 16.3% from 2021 to 2028.
Automation has improved the industrial sector drastically. It has changed the way of production and reduced the manufacturing time and the production cost owing to which welding robot manufacturers are shifting toward networked and intelligent production of Industry 4.0-compatible robots. Additionally, the robotic welding market players have adopted various strategic initiatives toward advanced Industry 4.0-ready solutions. For instance, in October 2020, Fujitsu; FANUC Corporation; and NTT Communications established DUCNET Co., Ltd. to offer a cloud service for supporting digital transformation (DX) in the machine tool industry and the broader manufacturing industry. However, the rising need for automation across industries and significant technological growth are expected to fuel the demand for robotic welding, which is further anticipated to drive the robotic welding market in North America.
The robotics ecosystem players in North America faced several critical challenges due to the COVID-19 pandemic, such as manufacturing facilities and robotics system integrators operating with a limited workforce or shutdown of these facilities and the supply chain disruptions of raw material and components. Further, owing to the less demand from end users, the deployment of industrial robotics, including robotic welding, witnessed reduced deployment numbers in 2020. However, according to the Association for Advancing Automation from Q1 of 2021, procurement of robotics was 86% higher than metal manufacturers, 72% higher than life sciences, pharmaceuticals, and biomed manufacturers, 32% higher than food & consumer goods manufacturers, and 12% higher than other nonautomotive manufacturers compared to Q1 of 2020 in North America. Due to the growing inclination to automation by nonautomotive manufacturers, the demand for industrial robotics, including robotic welding, gained positive momentum from 2021.
North America Robotic Welding Market Revenue and Forecast to 2028 (US$ Million)
North America Robotic Welding Market Segmentation
North America Robotic Welding Market - By Type
Spot Welding Arc Welding Others North America Robotic Welding Market - By Payload
Less than 50 Kg 50 KG -150 Kg More than 150 Kg North America Robotic Welding Market - By End-User
Automotive & Transportation Electrical & Electronics Metals & Machinery Construction Others North America Robotic Welding Market- By Country
The US Canada Mexico North America Robotic Welding Market-Companies Mentioned
ABB Fanuc Corporation Kawasaki Heavy Industries, Ltd. Kuka AG NACHI FUJIKOSHI CORP NOVARC TECHNOLOGY OTC DAIHEN Panasonic Corporation Yaskawa Electric Corporation
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