Industrial Automation & Equipment

Industrial Welding Robot Market Segmentation by Type (Spot Welding Robots, and Arc Welding Robots); by Payload (Less than 50 kg, 50-150 kg, and Above 150 kg); and by End-User Industry (Automotive, Construction, Electrical & Electronics, and Others) – Global Demand Analysis & Opportunity Outlook 2030

Buy Now

Preview Analysis

Request Insights
Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022. Purchasing power in the country is expected to fell nearly by 2.5%.
On the other hand, European countries to see the worst coming in the form of energy crisis especially in upcoming winters!! Right after COVID-19, inflation has started gripping the economies across the globe. Higher than anticipated inflation, especially in western world had raised concerns for national banks and financial institutions to control the economic loss and safeguard the interest of the businesses. Increased interest rates, strong USD inflated oil prices, looming prices for gas and energy resources due to Ukraine-Russia conflict, China economic slowdown (~4% in 2022) disrupting the production and global supply chain and other factors would impact each industry negatively.


In The News

  • September 22, 2021: KUKA AG to build seeing robots, which are robots with inbuilt camera, for the construction sector. 3D sensors, and artificial intelligence were also used in the robots.

  • July 13, 2021: Comau S.p.A. to join hands with Siemens AG to develop new and easy-to-use robot programming approach.


Global Industrial Welding Robot Market Highlights over 2022 – 2030

The global industrial welding robot market is estimated to grow at a CAGR of ~12% over the forecast period, i.e., 2022 – 2030. The growth of the market can be attributed to the technological advancement and new breakthroughs in robotics and automation technology, along with growing adoption of robots in industrial application. Use of robots reduces the risk of workplace accidents, which is estimated to primarily drive the market growth. According to the International Labor Organization (ILO), 2.3 million work-related accidents or diseases occur every year around the world. Welding is a high-risk work, which requires accuracy and precision. This is easier to achieve through automation. Such factors are estimated to boost the market growth. The up-surge in industrial IoT is further projected to promote the market growth.

Industrial Welding Robot Market Graph

Get more information on this reportDownload Sample PDF

The market is bifurcated by type into spot welding robots, and arc welding robots, out of which, the arc welding robots segment is anticipated to hold the notable share in the global industrial welding robot market over the forecast period on account of growing demand for low space and less maintenance robots. Moreover, the achievement of higher accuracy is another factor estimated to boost the segment growth. On the basis of end-user industry, the automotive segment is forecasted to hold a significant market share over the forecast period, owing to the growing production and repairing activities of vehicles, backed by high demand for vehicles. 


Major Macro-Economic Indicators Impacting the Market Growth

Research and Development Expenditure Graph

The never-ending growth in internet accessibility around the world along with numerous technological advancements comprising 5G, blockchain, cloud services, Internet of Things (IoT), and Artificial Intelligence (AI) among others have significantly boosted the economic growth in the last two decades. As of April 2021, there were more than 4.5 billion users that were actively using the internet globally. Moreover, the growth in ICT sector has significantly contributed towards GDP growth, labor productivity, and R&D spending among other transformations of economies in different nations of the globe. Furthermore, the production of goods and services in the ICT sector is also contributing to the economic growth and development. As per the statistics in the United Nations Conference on Trade and Development’s database, the ICT good exports (% of total good exports) globally grew from 10.816 in 2015 to 11.536 in 2019. In 2019, these exports in Hong Kong SAR, China amounted to 56.65%, 25.23% in East Asia & Pacific, 26.50% in China, 25.77% in Korea, Rep., 8.74% in the United States, and 35.01% in Vietnam. These are some of the important factors that are boosting the growth of the market.


Global Industrial Welding Robot Market Regional Synopsis

On the basis of geographical analysis, the global industrial welding robot market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in the North America region is anticipated to gain the largest market share throughout the forecast period owing to the rising adoption of robotics and automatic technology, along with higher labor cost in the region. Moreover, growing construction activities, and automobile manufacturing in the region, are estimated to boost the regional market growth.

The market in Asia Pacific region is estimated to witness noteworthy growth over the forecast period on the back of the presence of many robotic manufacturing companies in China and Japan, along with rising industrial development in the region. On the other hand, the market in Europe is projected to grow owing to the rising trends for industry 5.0 and for the surge in advancements from industry 4.0 concepts.

Industrial Welding Robots Market Share image

Get more information on this reportDownload Sample PDF

The global industrial welding robot market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC (Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth Market Players Analysis & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth Market Players Analysis & Opportunity Outlook


Industrial Welding Robot Market Graph
Get more information on this report: Request Sample PDF

Market Segmentation

Our in-depth analysis of the global industrial welding robot market includes the following segments:

By Type

  • Spot Welding Robots
  • Arc Welding Robots 
  • Others

By Payload

  • Less than 50 kg
  • 50-150 kg
  • Above 150 kg

By End-User Industry

  • Automotive
  • Construction
  • Electrical & Electronics
  • Others


Growth Drivers
  • Growing Adoption of Robotics and Automation
  • Enhanced Productivity, Quality, and Safety by Implementation of Robots

Challenges

  • Availability of Cheap Labor in Low-Income Countries


Research and Development Expenditure Graph
Get more information on this report: Request Sample PDF

Top Featured Companies Dominating the Market

    • KUKA AG
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis 
    • FANUC Corporation
    • Yaskawa Electric Corporation
    • Kawasaki Heavy Industries, Ltd.
    • Panasonic Corporation
    • DAIHEN Corporation
    • Nachi-Fujikoshi Corp.
    • Comau S.p.A.
    • Hyundai Robotics
    • ABB Ltd.

Key Questions Answered in the Report

1) What are the major factors driving the growth of the industrial welding robot market?

Ans: The growing adoption of robots and automation technology is estimated to boost the market growth.

2) What would be the CAGR of industrial welding robot market over the forecast period?

Ans: The market is anticipated to attain a CAGR of ~12% over the forecast period, i.e., 2022 – 2030.

3) What are the challenges affecting the industrial welding robot market growth?

Ans: Availability of cheap labor in low-income countries is estimated to hamper the market growth.

4) Which region will provide more business opportunities for growth of industrial welding robot market in future?

Ans: The market in the North America is expected to provide maximum growth opportunity over the forecast period, owing to the growing manufacturing industry in the region.

5) Who are the major players dominating the industrial welding robot market?

Ans: The major players in the market are Kawasaki Heavy Industries, Ltd., Panasonic Corporation, DAIHEN Corporation, Nachi-Fujikoshi Corp., Comau S.p.A., Hyundai Robotics, ABB Ltd., and others.

6) How are the company profiles selected?

Ans: The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

7) What are the segments in the industrial welding robot market?

Ans: The market is segmented by type, payload, end-user industry, and by region.

8) Which segment captures the largest market size in type segment in the industrial welding robot market?

Ans: The spot-welding robot segment is anticipated to hold largest market size over the forecast period and display significant growth opportunities.

Let Us Hear About Your Requirements:

Submit Your Request For Proposal (RFP)

Submit RFP    Buy Now Download Research Report Sample