The increased adoption of Industry 4.0, which completely automates the production process without human intervention, is driving the global market for welding robots. Welding robots is increasingly being used in a variety of sectors, including the automotive, electronics, and equipment industries, thanks to the development of the industrial internet of things (IIoT). Welding robots increases production by producing accurate, timely outcomes with a minimal amount of mistake. Additionally, welding robots has surpassed manual welding in popularity due to its protection against potentially harmful flashes, gases, sparks, and heat created during welding. This has helped the industry expand.
COVID-19 IMPACT
The supply chain and operations of several businesses were severely impacted by the sudden shutdown in numerous nations. In light of the pandemic's prolonged duration in nations like India, France, Spain, the United Kingdom, and the United States, among others, secondary sources suggest that the production plants may gradually resume operations. This could be accomplished by adhering to social segregation standards and regulations enforced by the governments of the separate nations. The shutdown is anticipated to have a mild effect on the growth of the global welding robots market. This is mostly caused by the lack of workers in production facilities, where industrial robots serve as a crucial source of assistance for the producers.
DRIVING FACTORS
Automated Welding Techniques Used to Promote Market Development
The market is expanding as a result of technological developments in automation. It is an improved form of automation that uses robotics to enable a more advanced degree of the process. The industry's main benefit from automation is the decrease in production time. The productivity of the automated process is increased by tools including nozzle cleaning stations, wire cutters, retaining heads, liners, and machine communication software. This should also lower labour safety costs and safety-related challenges. Consequently, it is anticipated that during the forecast period, rising demand for automation will fuel market expansion.
RESTRAINING FACTORS
High Initial Costs And Significant Safety Concerns Will Limit Market Expansion
For the early stage of purchase, programming, and maintenance, significant expenditure is needed. Due to limited production volumes, new competitors and SMEs have a tough time capitalising on high funding. The sector has also been dealing with a significant problem with occupational injuries that happen at work in different industrial facilities. It is caused by the human body being exposed to current discharges in excess of what is physiologically tolerable.
SEGMENTATION
By Type
Based on type, the welding robots market is segmented into arc welding, spot welding and others. The arc welding category dominated the market in 2022. This is mostly due to the high accuracy and repeatability requirements for arc type in the automotive and other sectors. This type has also been employed extensively because of its affordability, practicality, and wide range of applications.
By Payload
Based on payload, the welding robots market is segmented into <50kg payload, 50-150 kg payload and >150kg kg payload. The 50-150 kg payload category dominated the market in 2022 due to the numerous applications in various harsh environments throughout the automotive and other industries. A variety of special-purpose robots for arc welding are available from companies including Kuka AG, FANUC Corporation, and others. These robots are designed for continuous operation with minimal operating and maintenance expenses.
By End User
Based on end user, the welding robots market is segmented into automotive & transportation, metals and machinery, electrical and electronics, aerospace & defense and others. The automotive category dominated the market in 2022 due to the expansion of the automobile industry. To utilise high tensile strength steel for a reliable assembly process, it has been noted that the industry likes to adopt cutting-edge technologies. It is anticipated that spot welding will impact the expansion of these devices in the automobile sector.
REGIONAL INSIGHTS
Asia is projected to hold the largest share of the welding robots market over the forecast period. The expansion is due to the manufacturing and industrial automation sectors, particularly in Japan, China, South Korea, and India. The market potential for welding robots is also expanding thanks to Industry 4.0 approaches. Furthermore, the Asia Pacific region dominates the market in terms of size due to established businesses throughout China. On the other hand, North America welding robots market is anticipated to grow significantly. This can be attributed to elements like the existence of well-known players throughout the United States. These players place a strong emphasis on making significant investments in adopting cutting-edge, automated procedures as opposed to manual systems.
LIST OF KEY COMPANIES PROFILED:
- ABB, Ltd.
- DAIHEN Corporation
- Denso Corporation
- Fanuc Corporation
- Kawasaki Heavy Industries, Ltd
- KUKA AG
- Nachi-Fujikoshi Corp
- Panasonic Corporation
- Siasun Robot & Automation Co Ltd
- Yaskawa Electric Corporation
- May 2021: The American company Path Robotics raised $56.0 million for a vigorous AI-driven expansion. The business was a market innovator in welding robots and has created an autonomous system.
- July 2019: An industrial robot with an increased reach, a new, simple-to-use pendant application for arc welding, and an upgraded work cell for challenging production conditions are the three new items Yaskawa America, Inc. has introduced in the welding robot market.
| Attributes | Details |
| Study Period | 2016-2030 |
| Base Year | 2022 |
| Estimated Year | 2023 |
| Forecast Period | 2023-2030 |
| Historical Period | 2016-2021 |
| Unit | Revenue (USD Million) and Volume (Kilo Tons) |
| Segmentation | By Type, By Payload, By End User and By Geography |
| By Type |
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| By Payload |
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| By End Use Industry |
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| By Region |
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