PUBLISHER: Lucintel | PRODUCT CODE: 1417976
PUBLISHER: Lucintel | PRODUCT CODE: 1417976
Robotic Welding Trends and Forecast
The future of the global robotic welding market looks promising with opportunities in the automotive and transportation, electrical and electronics, and aerospace & defense markets. The global robotic welding market is expected to reach an estimated $15 billion by 2030 with a CAGR of 10.2% from 2024 to 2030. The major drivers for this market are growing adoption of industry 4.0 and rising usage of welding robots in the automotive and transportation industries.
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Robotic Welding by Segment
The study includes a forecast for the global robotic welding by type, payload, end use, and region.
List of Robotic Welding Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies robotic welding companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the robotic welding companies profiled in this report include-
Robotic Welding Market Insights
Lucintel forecasts that spot welding robot will remain the larger segment over the forecast period due to its benefits, such as low-space requirements, heavy machine lifting (including welding guns and metal sheets), and strong, accurate, and high-quality welds.
Within this market, automotive and transportation will remain the largest segment due to significantly growing automobile manufacturing.
APAC will remain the largest region over the forecast period due to presence of large manufacturing units and growing industrialization in countries, such as China, India, and Japan.
Features of the Global Robotic Welding Market
Market Size Estimates: Robotic welding market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Robotic welding market size by type, payload, end use, and region in terms of value ($B).
Regional Analysis: Robotic welding market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, payloads, end use, and regions for the robotic welding market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the robotic welding market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the robotic welding market size?
Answer: The global robotic welding market is expected to reach an estimated $15 billion by 2030.
Q2. What is the growth forecast for robotic welding market?
Answer: The global robotic welding market is expected to grow with a CAGR of 10.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the robotic welding market?
Answer: The major drivers for this market are growing adoption of industry 4.0 and rising usage of welding robots in the automotive and transportation industries.
Q4. What are the major segments for robotic welding market?
Answer: The future of the robotic welding market looks promising with opportunities in the automotive and transportation, electrical and electronics, and aerospace & defense markets.
Q5. Who are the key robotic welding market companies?
Answer: Some of the key robotic welding companies are as follows.
Q6. Which robotic welding market segment will be the largest in future?
Answer: Lucintel forecasts that spot welding robot will remain the larger segment over the forecast period due to its benefits, such as low-space requirements, heavy machine lifting (including welding guns and metal sheets), and strong, accurate, and high-quality welds.
Q7. In robotic welding market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to presence of large manufacturing units and growing industrialization in countries, such as China, India, and Japan.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.