NEW
YORK, July 9, 2024 /PRNewswire/ -- The global
industrial welding robots market is witnessing significant growth,
driven by the increasing adoption of industrial robots,
particularly in the Asia-Pacific
region. This growth is fueled by the emergence of collaborative arc
welding robots, which are enhancing operational efficiency. Despite
these advancements, challenges such as operational complexities
persist. Industries utilizing robotic welding include automotive,
manufacturing, construction, and aerospace. Key players in this
market include ABB Ltd., FANUC Corp., Kawasaki Heavy Industries
Ltd., and The Lincoln Electric Co., among others.
Get a detailed analysis on regions, market
segments, customer landscape, and companies - Click for the
snapshot of this report
Forecast
period
|
2024-2028
|
Base Year
|
2023
|
Historic
Data
|
2018 - 2022
|
Segment
Covered
|
Product (Spot welding
robots, Arc welding robots, and Laser welding robots), End-user
(Automotive, Electrical and electronics, Heavy machinery, and
Others), and Geography (APAC, Europe, North America, South America,
and Middle East and Africa)
|
Region
Covered
|
APAC, Europe, North
America, South America, and Middle East and Africa
|
Key companies
profiled
|
ABB Ltd., Acieta LLC,
Bystronic Laser AG, Carl Cloos Schweisstechnik GmbH, Daihen Corp.,
EWM AG, FANUC Corp., HD Hyundai Co. Ltd., Illinois Tool Works Inc.,
Kawasaki Heavy Industries Ltd., Kemppi Oy, MIDEA Group Co. Ltd.,
OMRON Corp., Panasonic Holdings Corp., Smenco Pty Ltd., SRDR
Robotics, Stellantis NV, Teradyne Inc., The Lincoln Electric Co.,
and Yaskawa Electric Corp.
|
Key Market Trends Fueling Growth
Rental companies, such as Hirebotics, Tokyo Century, and ORIX,
have become essential players in the industrial welding robots
market. These companies offer end-users a comprehensive solution
for robot deployment, including programming, maintenance, and
repair. They handle installation expenses and provide rental robots
equipped with the latest technologies for various industries. The
high initial cost of owning industrial welding robots and the
complexity of designing and implementing them make renting an
attractive option for businesses. Renting industrial welding robots
offers a considerable return on investment and eases the burden of
ownership and maintenance. The robots-as-a-service (RaaS) model, a
pay-as-you-go or subscription-based service, is gaining popularity.
It allows businesses to access robotic process automation by
leasing robotic devices and subscribing to a cloud-based service
instead of purchasing the equipment outright. This trend is
expected to expand the growth of the global industrial welding
robots market during the forecast period. Despite the potential
impact on the revenues of key vendors due to decreased demand for
new industrial welding robots, the benefits of renting and RaaS are
compelling for businesses.
The Industrial Welding Robots market is experiencing significant
growth due to increasing consumer spending on essential goods and
services, including automobiles and consumer goods. Robots are
essential in welding various workpieces to weld different parts
with high precision, narrow welds, and minimal changes. The latest
trends include high welding speed, rework reduction, and high
reliability. Laser beam and carbon dioxide welding technologies are
popular due to their high power density, low distortion, and
improved gap bridging capabilities. Plasma welding technology,
including plasma welding torches, vision systems, feeder systems,
plasma flow controllers, and other EOAT devices, is gaining
traction for high-volume applications. The component segment,
including robots, controllers, and other accessories, holds the
largest share of the market. The general manufacturing industry and
defense industry are the major consumers of welding robots, with
resistance spot welding and plasma welding being the most common
welding processes. Personnel restrictions and the need for remote
welding locations are driving the adoption of collaborative and
delta robots.
Discover 360° analysis of this market. For
complete information, schedule your consultation- Book
Here!
Market Challenges
- Industrial welding robots offer significant returns on
investment for repetitive welding tasks. However, the selection
process for automating welding depends on factors such as metal
part type and operation repeatability. For applications with small
batch sizes and large gaps between parts, robot performance can be
affected, increasing welding time. Poorly designed fixtures and
variations in metal forming can lead to inconsistent welding by
robots. Programming robots for batch manufacturing or repair work
requires significant time, which can be mitigated through offline
programming. However, the use of teach pendants for programming
results in extended operational downtime. Consistent metal design
with proper gap tolerances is essential for robotic welding, which
can be challenging to obtain. Additionally, welding in confined
spaces restricts the use of robots in certain end-user segments.
These factors may hinder the growth of the global industrial
welding robots market during the forecast period.
- The industrial welding robots market faces challenges in modern
manufacturing due to sensors issues and the need for efficiency and
flexibility in robotics solutions. Welding applications, such as
those in aerospace, construction, and automotive sectors, require
precision and repeatability. Robotic systems, including robotic
arms and machine vision technologies, are essential for consistent
weld quality. However, economic downturns, strict lockdowns,
and disrupted supply chains have affected manufacturing facilities
and production schedules. Labor costs and raw materials remain
significant concerns. To optimize performance, data collection and
analysis are crucial for smart manufacturing ecosystems. Laser
welding is a major application, with end-use industries including
automotive & transportation, metals & machinery, electrical
& electronics, and aerospace & defense. Skilled labor
shortages persist, highlighting the importance of robotic welding
in various sectors. Despite these challenges, the industrial sector
continues to demand robotic systems for welding tasks in pipes,
metal parts, and structural elements.
For more insights on driver and
challenges - Download a Sample Report
Segment Overview
This industrial welding robots market report extensively covers
market segmentation by
- Product
- 1.1 Spot welding robots
- 1.2 Arc welding robots
- 1.3 Laser welding robots
- End-user
- 2.1 Automotive
- 2.2 Electrical and electronics
- 2.3 Heavy machinery
- 2.4 Others
- Geography
- 3.1 APAC
- 3.2 Europe
- 3.3 North America
- 3.4 South America
- 3.5 Middle East and
Africa
1.1 Spot welding robots- In the manufacturing sector,
spot welding is a prevalent process for joining metal sheets in
various industries such as automotive, electronics, and heavy
machinery. Companies are integrating spot welding robots into their
operations to enhance productivity and efficiency. These robots are
designed to execute intricate spot welding tasks and ensure
consistent process quality. They employ copper alloys for
conducting electric current to the welding site and feature a spot
welding gun at the robot's terminal end instead of a conventional
end-effector. The spot welding robots market is projected to expand
steadily due to the increasing adoption of these robots in
automotive, electronics, and heavy machinery industries. The
emergence of new materials like composites and carbon fibers in
industrial processes will expand the application scope of spot
welding robots. Furthermore, advancements in robot technology,
including the flexibility to install spot welding robots,
multi-robot welding cells, application-specific software,
energy-efficient robots, and enhanced spot welding guns, will boost
their popularity among industry players during the forecast
period.
For more information on market segmentation with geographical
analysis including forecast (2024-2028) and historic data (2018 -
2022) - Download a Sample Report
Research Analysis
The Industrial Welding Robots market is experiencing significant
growth due to the integration of advanced technologies such as
cyber-physical systems, cloud robotics, and cloud computing. Big
data and data-driven decision-making are becoming essential in
modern manufacturing, leading to increased efficiency and
flexibility in welding applications. Sensors and real-time data
analytics enable robots to adapt to changing conditions in
manufacturing facilities. The economic downturn and strict
lockdowns caused by the pandemic have disrupted supply chains,
production schedules, and transport restrictions. However,
industrial robots, including welding robots, have proven to be
valuable assets in maintaining production during these challenging
times. Welding robot manufacturers continue to innovate, offering
advanced robotics solutions to meet the evolving needs of the
industry. Despite the challenges, the future of industrial welding
robots looks bright, with a focus on improving economic efficiency,
enhancing flexibility, and integrating new technologies to optimize
welding processes. The market is expected to grow significantly in
the coming years, driven by the increasing adoption of automation
in manufacturing.
Market Research Overview
The Industrial Welding Robots market is experiencing significant
growth due to the integration of advanced technologies such as
cyber-physical systems, cloud robotics, and cloud computing. Big
data is playing a crucial role in data-driven decision-making,
enabling real-time data analytics and performance optimization.
Welding robot manufacturers are focusing on developing advanced
robotics solutions for various welding applications, including
laser welding robots for high-precision tasks and arc welding and
spot welding for mass production. The use of sensors, machine
vision technologies, and modern manufacturing ecosystems ensures
efficiency, flexibility, and consistent weld quality. The market is
driven by major application sectors such as aerospace, automotive
& transportation, metals & machinery, electrical &
electronics, and construction. However, economic downturns, strict
lockdowns, and production disruptions due to labor costs, raw
materials, and supply chain challenges have impacted the industry.
Skilled labor shortages and personnel restrictions have further
increased the adoption of welding robots in various sectors.
Despite these challenges, the demand for industrial robots
continues to grow, driven by the need for high-volume applications,
increased precision, and minimal changes in the manufacturing
process. The market is expected to continue its growth trajectory,
with laser welding, carbon dioxide, and optics being key
technologies driving innovation in the industry. End-use sectors
such as automotive & transportation, consumer goods, and
machinery are expected to remain major contributors to the market's
growth.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Product
-
- Spot Welding Robots
- Arc Welding Robots
- Laser Welding Robots
- End-user
-
- Automotive
- Electrical And Electronics
- Heavy Machinery
- Others
- Geography
-
- APAC
- Europe
- North America
- South America
- Middle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
View original content to download
multimedia:https://www.prnewswire.com/news-releases/industrial-welding-robots-market-size-is-set-to-grow-by-usd-3-10-billion-from-2024-2028--growing-popularity-of-industrial-robots-in-apac-to-boost-the-market-growth-technavio-302191045.html
SOURCE Technavio