Robotic Welding Market Analysis | 2023-2029

Market Insights

The robotic welding market was estimated at USD 6.15 billion in 2022 and is likely to grow at a CAGR of 10.1% during 2023-2029 to reach USD 12.02 billion in 2029.

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Market Dynamics

Introduction

Robotic welding is an advanced manufacturing process that utilizes programmable robotic arms to automate welding tasks with precision, speed, and consistency. It integrates robotics and welding technologies to perform various types of welds, such as arc, spot, and laser welding, across diverse industries like automotive, aerospace, and construction. These systems improve efficiency, reduce human error, and enhance workplace safety by minimizing exposure to hazardous environments. Equipped with sensors, artificial intelligence, and machine vision, robotic welding systems ensure high-quality welds and can operate continuously, boosting productivity. Their flexibility and scalability make them an essential component in modern automated manufacturing systems.

Market Drivers

Growing adoption of Industry 4.0 principles

The emergence of Industry 4.0, which involves the automation of manufacturing processes with minimal human intervention, has led to the adoption of various technologies such as the Industrial Internet of Things (IIoT), cloud computing, and big data, among others. As a result, welding robot manufacturers are shifting towards the production of Industry 4.0-compatible robots that are networked and intelligent.

Several industries, including automotive, transportation, metals, machinery, electrical and electronics, and aerospace and defense, have embraced Industry 4.0 concepts in their manufacturing processes to increase productivity, flexibility, safety, and quality while reducing the need for consumables and production costs.

To keep up with the demand for advanced welding solutions, players in the robotic welding market are partnering with industry leaders to develop Industry 4.0-ready solutions. For example, Fujitsu, FANUC Corporation, and NTT Communications established DUCNET Co., Ltd. to provide cloud services that support digital transformation in the machine tool industry and beyond. Additionally, General Motors (GM), a major US automotive company, collaborated with FANUC Corporation and CISCO SYSTEMS, INC. to develop the Zero Down Time (ZDT) solution, a cloud-based software platform that analyzes data collected from robots to detect potential problems that could lead to production downtime. By implementing this solution, GM was able to avoid more than 100 instances of downtime, saving the company significant costs. These factors are driving the demand for highly advanced welding solutions and contributing to the growth of the robotic welding market.

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Opportunity: Advancements in laser and plasma welding technologies

A laser welding robot employs a laser beam that is created using carbon dioxide and directed towards workpieces using optics to join various components together. This technology offers several benefits, including high welding speeds, enhanced reliability, superior weld quality, and increased precision. It also facilitates narrow welds with minimal adjustments to the welded items, making it ideal for producing medium- and large-batch sizes of output products at a low unit cost.

Laser welding technology is particularly useful in remote welding locations that are challenging to access and in high-volume applications requiring increased accuracy in industries such as automotive and transportation, electrical and electronics, and aerospace and defense. Similarly, plasma welding technology offers numerous advantages, such as high power density, clean and smooth welds, high welding speed, low distortion, and improved gap bridging. Welds produced through plasma welding are strong and less noticeable. This technology is particularly useful in industries such as automotive and transportation and electrical and electronics, where flexibility is essential as velocity and temperatures can be easily adjusted.

While arc and spot welding processes currently dominate the robotic welding market, the emergence of laser and plasma welding processes is expected to create lucrative growth opportunities for welding robot manufacturers in the market during the forecast period.

Key Players

The following are the key players in the robotic welding market:

• ABB
• Comau S.P.A.
• Daihen Corporation
• ESAB
• Estun Automation Co., Ltd.
• Fanuc Corporation
• Fronius International Gmbh
• Hyundai Robotics
• IGM Robotersysteme AG
• Kuka AG
• Kemppi Oy
• Kawasaki Heavy Industries, Ltd.
• Nachi-Fujikoshi Corp.
• Panasonic Corporation
• Stäubli International AG
• Shanghai Step Electric Corporation
• Siasun Robot Automation Co., Ltd.
• The Lincoln Electric Company
• United Proarc Corporation
• Yaskawa Electric Corporation

Note: The above list does not necessarily include all the top players in the market.

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Segment Analysis

By Welding Type

"Spot welding robots segment is expected to dominate the robotic welding market by 2029"

According to projections, the spot welding robots segment is expected to dominate the robotic welding market by 2029. Robotic spot welding has numerous advantages, including the ability to operate in small spaces, handle heavy loads such as welding guns and metal sheets, and produce high-quality, accurate welds.

These factors make robotic spot welding a preferred choice for various applications, particularly in heavy-duty automobile manufacturing. Additionally, the metals and machinery, electronics, and semiconductor industries that require precise welding also benefit from this welding technique.

By Payload Type

"Robotic welding market's 51-150 kilogram payload segment is expected to see the highest CAGR from 2022 to 2029"

The robotic welding market's 51-150 kilogram payload segment is expected to see the highest CAGR from 2022 to 2029. This segment comprises medium-payload welding robots with payloads ranging from 51 to 150 kilograms. These robots are typically floor-mounted, which makes them ideal for use in manufacturing facilities with limited space.

They are versatile and can be used in various industries, including metals and machinery, electrical and electronics, pharmaceuticals, construction, and aerospace and defense. Key players such as KUKA AG, ABB, and NACHI-FUJIKOSHI CORP. offer medium-payload arc and spot-welding robots.

By End User Type

"Automotive and transportation sector is expected to have the largest share of the robotic welding market"

By 2029, the automotive and transportation sector is expected to have the largest share of the robotic welding market. This industry is known for its dynamism, requiring automotive manufacturers to be highly flexible in their manufacturing processes. To stay competitive globally and meet the increasing demand for automobiles, smart production solutions combined with flexible logistic systems are necessary.

Robotic welding has been the primary application of robots in the automotive and transportation industry for a significant period of time due to the high number of welds required to complete each vehicle. Robotic welding enables the development of precise and high-quality finished products while increasing productivity, machine efficiency, and manufacturing flexibility. As a result, the automotive and transportation industry is the most prominent end user of welding robots.

Regional Analysis

"Asia Pacific is expected to hold the most substantial share of the overall robotic welding market"

By 2029, Asia Pacific is expected to hold the most substantial share of the overall robotic welding market, with the market in this region projected to grow at the highest CAGR from 2022 to 2029. In 2022, China accounted for approximately 30% of global manufacturing output, according to the Ministry of Industry and Information Technology (MIIT). As the world's largest manufacturing hub, China is attracting key players in the robotic welding market who are expanding their businesses there.

Furthermore, Hyundai Robotics reported that China had the largest robot market in the world in 2019, with an annual unit of 130,000 robots. The company plans to enhance its local sales network and discover dealers while attracting new customers through its corporate relations in the country.

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Recent Developments

• In December 2022, Alma and Yaskawa Europe entered into a partnership agreement for off-line programming of welding robots. Off-line programming, which enables a robot to be graphically programmed from a virtual scene and its movements to be simulated, is easier to learn than an alternative to traditional programming.
• In December 2022, OTC Daihen unveiled several pre-engineered, production robotic arc-welding systems packed into its booth. All featured robotic arms are matched with welding power supplies and part-positioning equipment, and OTC Daihen is committed to delivering low-spatter welding on a variety of materials.
• In October 2022, ABB entered into a strategic partnership with Scalable Robotics, a US-based startup, to enhance its portfolio of user-friendly robotic welding systems.

Research Methodology

• This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s robotic welding market realities and future market possibilities for the forecast period.
• The report segments and analyzes the market in the most detailed manner to provide a panoramic view of the market.
• The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.
• This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
• More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
• We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
• COVID-19 impact and its recovery curve
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors.

Market Segmentation

This report studies the market covering 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

The robotic welding market is segmented into the following categories:?

By Welding Type 

• Arc Welding Robots
• Spot Welding Robots

By Payload Type 

• <50 Kilogram Payload
• 50-150 Kilogram Payload
•  >150 Kilogram Payload

By End User Type 

• Automotive and Transportation
• Metals and Machinery
• Electrical and Electronics
• Aerospace and Defense

By Region 

• North America (Country Analysis: The USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, The UK, Russia, and the Rest of Europe)
• Asia-Pacific (Country Analysis: China, India, Australia, South Korea, and the Rest of Asia-Pacific)
• Rest of the World (Country Analysis: Saudi Arabia, Brazil, and Others)

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Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to three players)
• SWOT analysis of key players (up to three players)

Competitive Benchmarking

• Benchmarking of key players on the following parameters: product portfolio, geographical reach, regional presence, and strategic alliances

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