Robotic Welding Market by Type (Arc Spot), End-User (Automotive & Transportation, Electricals & Electronics, Aerospace & Defense, Metals & Machinery), Payload (<50 kg, 50–150 kg, and >150 kg), and Region - Global Forecast to 2023

The global robotic welding market was valued at USD 3.59 billion in 2017 and is expected to grow at a CAGR of 8.91%, during the forecast period, to reach USD 5.96 billion by 2023. The market growth for robotic welding is mainly driven by the increasing implementation of Industry 4.0 revolution. Another factor driving the demand for robotic welding is the rising need for scalability in manufacturing units in developing economies to meet the growing demand for various products.

 The years considered for the study are as follows:

• Base Year: 2017
• Estimated Year: 2018
• Projected Year: 2023
• Forecast Period: 2018–2023

The base year considered for company profiles is 2016. Whenever information was unavailable for the base year, the prior year has been considered.

Objectives of the Study

• To define, describe, segment, and forecast the robotic welding market by type, end-user, payload, and region
• To provide detailed information on the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
• To strategically analyze the robotic welding market with respect to individual growth trends, future expansions, and contribution to the market
• To forecast the expansion of the robotic welding market with respect to the main regions (Asia Pacific, North America, Europe, and the Rest of the World)
• To analyze market opportunities for stakeholders and details of a competitive landscape for market leaders
• To analyze competitive developments such as contracts & agreements, mergers & acquisitions, new product developments, and expansions in the robotic welding market

Research Methodology

This research study involved the use of extensive secondary sources, directories, and databases, such as Hoover’s, Bloomberg Businessweek, Factiva, and OneSource, to identify and collect information useful for a technical, market-oriented, and commercial study of the global robotic welding market. Primary sources are mainly industry experts from the core and related industries, service providers, technology developers, standards and certification organizations of companies, and organizations related to all segments of this industry’s value chain. The points below explain the research methodology.

• Study of the annual revenues and market developments of the major players providing robotic welding
• Assessment of future trends and growth of the robotic welding market
• Assessment of the robotic welding market with respect to the demand for different end-user industries
• Analysis of market trends in various regions or countries by studying the development of different end-user industries which use robotic welding in their manufacturing process 
• Study of contracts and developments related to the robotic welding market by key players across different regions
• Finalization of the overall market sizes by triangulating the supply-side data, which includes product developments and annual revenues of companies providing robotic welding across the globe

After arriving at the overall market size, the total market has been split into several segments and subsegments. The figure given below illustrates the breakdown of primaries conducted during the research study by company type, designation, and region.

To know about the assumptions considered for the study, download the pdf brochure

Market Ecosystem

Robotic welding market ecosystem comprises equipment manufacturers such as Kuka (Germany), Fanuc (Japan), Yaskawa (Japan), Panasonic (Japan), ABB (Switzerland), and Kawasaki (Japan). It also includes end-user industries such as automation & transportation, electricals & electronics, aerospace & defense, and metals & machinery.

Target Audience

The target audience of this report includes:

• Forums, alliances, and associations
• Government institutions
• Market research and consulting firms
• System integrator companies
• Technology investors
• Welding material suppliers
• Welding robot manufacturers and suppliers

Scope of the Report

• By Type
  • Arc Welding
  • Spot Welding
  • Others
• End User
  • Automotive & Transportation
  • Electricals & Electronics
  • Aerospace & Defense
  • Metals & Machinery
  • Others
• By Payload
  • <50 kg
  • 50–150 kg
  • >150 kg
• By Region
  • North America
  • Asia Pacific
  • Europe
  • Rest of the World

Available Customizations:

With the given market data, MarketsandMarkets offers customizations as per the client’s specific needs. The following customization options are available for this report:

Regional Analysis

• A further breakdown of the region or country-specific analysis

Company Information

• Detailed analysis and profiling of additional market players (up to 5)

Table of Contents

1 Introduction (Page No. - 13)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Regional Scope
           1.3.3 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 17)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primaries
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown & Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 25)

4 Premium Insights (Page No. - 29)
    4.1 Robotic Welding Market Overview
    4.2 Market, By Payload
    4.3 Market, By End User
    4.4 Asia Pacific: Market, By Type & Country
    4.5 Market, By Country

5 Market Overview (Page No. - 32)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Global Economic Growth and Subsequent Growth in Associated Industries
                    5.2.1.2 Increased Need for Automation and Scalability in the Manufacturing Industry
                    5.2.1.3 Increasing Implementation of Industry 4.0
           5.2.2 Restraints
                    5.2.2.1 High Initial Installation Cost for Small Manufacturing Units
           5.2.3 Opportunities
                    5.2.3.1 Technological Advancements
                    5.2.3.2 Use of Collaborative Robots
           5.2.4 Challenges
                    5.2.4.1 Automation Complexities and Unpredictability
                    5.2.4.2 Time-Consuming Programming Methods

6 Robotic Welding Market, By Payload (Page No. - 37)
    6.1 Introduction
    6.2 <50 Kg Payload
    6.3 50–150 Kg Payload
    6.4 >150 Kg Payload

7 Robotic Welding Market, By Type (Page No. - 41)
    7.1 Introduction
    7.2 Arc Welding
    7.3 Spot Welding
    7.4 Others

8 Robotic Welding, By End User (Page No. - 46)
    8.1 Introduction
    8.2 Automotive & Transportation
    8.3 Metals and Machinery
    8.4 Electricals and Electronics
    8.5 Aerospace & Defense
    8.6 Others

9 Robotic Welding Market, By Region (Page No. - 54)
    9.1 Introduction
    9.2 Asia Pacific
           9.2.1 By Type
           9.2.2 By End User
           9.2.3 By Payload
           9.2.4 By Country
                    9.2.4.1 China
                    9.2.4.2 Japan
                    9.2.4.3 India
                    9.2.4.4 South Korea
                    9.2.4.5 Taiwan
                    9.2.4.6 Rest of Asia Pacific
    9.3 North America
           9.3.1 By Type
           9.3.2 By End User
           9.3.3 By Payload
           9.3.4 By Country
                    9.3.4.1 US
                    9.3.4.2 Canada
                    9.3.4.3 Mexico
    9.4 Europe
           9.4.1 By Type
           9.4.2 By End User
           9.4.3 By Payload
           9.4.4 By Country
                    9.4.4.1 UK
                    9.4.4.2 France
                    9.4.4.3 Germany
                    9.4.4.4 Spain
                    9.4.4.5 Italy
                    9.4.4.6 Rest of Europe
    9.5 Rest of the World
           9.5.1 By Type
           9.5.2 By End User
           9.5.3 By Payload
           9.5.4 By Region
                    9.5.4.1 Middle East & Africa
                    9.5.4.2 South America

10 Competitive Landscape (Page No. - 78)
     10.1 Introduction
     10.2 Market Ranking Analysis
     10.3 Competitive Scenario
             10.3.1 Expansions and Investments
             10.3.2 Product Launches
             10.3.3 Joint Venture, Collaboration, and Partnership

11 Company Profiles (Page No. - 82)
     11.1 Benchmarking
     11.2 ABB
     11.3 Yaskawa Electric Corporation
     11.4 Panasonic Corporation
     11.5 KUKA
     11.6 Fanuc Corporation
     11.7 Kawasaki Heavy Industries, Ltd.
     11.8 Nachi-Fujikoshi Corp.
     11.9 Daihen Corporation
     11.10 Denso Corporation
     11.11 Comau S.P.A.
     11.12 IGM Robotic Systems, Inc.
     11.13 Carl Cloos Schweisstechnik Gmbh

12 Appendix (Page No. - 108)
     12.1 Insights of Industry Experts
     12.2 Discussion Guide
     12.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     12.4 Introducing RT: Real-Time Market Intelligence
     12.5 Available Customizations
     12.6 Related Reports
     12.7 Author Details

List of Tables (67 Tables)

Table 1 Robotic Welding Market Snapshot
Table 2 Market, By Payload, 2016–2023 (USD Million)
Table 3 <50 Kg Payload: Market, By Region, 2016–2023 (USD Million)
Table 4 50–150 Kg Payload: Market, By Region, 2016–2023 (USD Million)
Table 5 >150 Kg Payload: Market, By Region, 2016–2023 (USD Million)
Table 6 Market, By Type, 2016–2023 (USD Million)
Table 7 Robotic Arc Welding Market, By Region, 2016–2023 (USD Million)
Table 8 Robotic Spot Welding Market, By Region, 2016–2023 (USD Million)
Table 9 Other Market, By Region, 2016–2023 (USD Million)
Table 10 Market, By End User, 2016–2023 (USD Million)
Table 11 Automotive & Transportation: Robotic Welding Market, By Region, 2016–2023 (Units)
Table 12 Automotive & Transportation: Market, By Region, 2016–2023 (USD Million)
Table 13 Metals and Machinery: Market, By Region, 2016–2023 (Units)
Table 14 Metals and Machinery: Market, By Region, 2016–2023 (USD Million)
Table 15 Electricals and Electronics: Market, By Region, 2016–2023 (Units)
Table 16 Electricals and Electronics: Market, By Region, 2016–2023 (USD Million)
Table 17 Aerospace & Defense: Robotic Welding Market, By Region, 2016–2023 (Units)
Table 18 Aerospace & Defense: Market, By Region, 2016–2023 (USD Million)
Table 19 Others: Market, By Region, 2016–2023 (Units)
Table 20 Others: Market, By Region, 2016–2023 (USD Million)
Table 21 Market, By Region, 2016–2023 (USD Million)
Table 22 Market, By Region, 2016–2023 (Units)
Table 23 Asia Pacific: Robotic Welding Market, By Type, 2016–2023 (USD Million)
Table 24 Asia Pacific: Market, By End User, 2016–2023 (Units)
Table 25 Asia Pacific: Market, By End User, 2016–2023 (USD Million)
Table 26 Asia Pacific: Market, By Payload, 2016–2023 (USD Million)
Table 27 Asia Pacific: Market, By Country, 2016–2023 (Units)
Table 28 Asia Pacific: Market, By Country, 2016–2023 (USD Million)
Table 29 China: Robotic Welding Market, By Type, 2016–2023 (USD Million)
Table 30 Japan: Market, By Type, 2016–2023 (USD Million)
Table 31 India: Market, By Type, 2016–2023 (USD Million)
Table 32 South Korea: Market, By Type, 2016–2023 (USD Million)
Table 33 Taiwan: Robotic Welding Market, By Type, 2016–2023 (USD Million)
Table 34 Rest of Asia Pacific: Market, By Type, 2016–2023 (USD Million)
Table 35 North America: Market, By Type, 2016–2023 (USD Million)
Table 36 North America: Market, By End User, 2016–2023 (Units)
Table 37 North America: Market, By End User, 2016–2023 (USD Million)
Table 38 North America: Market, By Payload, 2016–2023 (USD Million)
Table 39 North America: Market, By Country, 2016–2023 (Units)
Table 40 North America: Market, By Country, 2016–2023 (USD Million)
Table 41 US: Robotic Welding Market, By Type, 2016–2023 (USD Million)
Table 42 Canada: Market, By Type, 2016–2023 (USD Million)
Table 43 Mexico: Market, By Type, 2016–2023 (USD Million)
Table 44 Europe: Market, By Type, 2016–2023 (USD Million)
Table 45 Europe: Market, By End User, 2016–2023 (Units)
Table 46 Europe: Market, By End User, 2016–2023 (USD Million)
Table 47 Europe: Market, By Payload, 2016–2023 (USD Million)
Table 48 Europe: Market, By Country, 2016–2023 (Units)
Table 49 Europe: Market, By Country, 2016–2023 (USD Million)
Table 50 UK: Robotic Welding Market, By Type, 2016–2023 (USD Million)
Table 51 France: Market, By Type, 2016–2023 (USD Million)
Table 52 Germany: Market, By Type, 2016–2023 (USD Million)
Table 53 Spain: Market, By Type, 2016–2023 (USD Million)
Table 54 Italy: Market, By Type, 2016–2023 (USD Million)
Table 55 Rest of Europe: Robotic Welding Market, By Type, 2016–2023 (USD Million)
Table 56 Rest of the World: Market, By Type, 2016–2023 (USD Million)
Table 57 Rest of the World: Market, By End User, 2016–2023 (Units)
Table 58 Rest of the World: Market, By End User, 2016–2023 (USD Million)
Table 59 Rest of the World: Market, By Payload, 2016–2023 (USD Million)
Table 60 Rest of the World: Market, By Region, 2016–2023 (Units)
Table 61 Rest of the World: Market, By Region, 2016–2023 (USD Million)
Table 62 Middle East & Africa: Market, By Type, 2016–2023 (USD Million)
Table 63 South America: Robotic Welding Market, By Type, 2016–2023 (USD Million)
Table 64 Market Development Between 2015 & 2018
Table 65 Expansions and Investments, 2015–2018
Table 66 Product Launches, 2015–2018
Table 67 Joint Venture, Collaboration, and Partnership, 2015-2018

List of Figures (31 Figures)

Figure 1 Robotic Welding Market: Research Design
Figure 2 Bottom-Up Approach
Figure 3 Top-Down Approach
Figure 4 Data Triangulation
Figure 5 Assumptions of the Research Study
Figure 6 Robotic Welding Market, By Region, 2018
Figure 7 Market, By End User, 2018–2023 (USD Billion)
Figure 8 Market, By Region, 2018–2023 (USD Billion)
Figure 9 Increased Need for Automation and Scalability in the Manufacturing Industry to Drive the Market During the Forecast Period
Figure 10 The 50–150 Kg Segment is Expected to Grow at the Highest Cagr During the Forecast Period
Figure 11 The Automotive & Transportation Segment is Expected to Dominate the Robotic Welding Market in 2023
Figure 12 The Spot Welding Segment Accounted for the Largest Share in 2017
Figure 13 China & India are Expected to Be the Fastest-Growing Robotic Welding Markets During the Forecast Period
Figure 14 Market Dynamics for the Robotic Welding Market
Figure 15 Growth in Vehicle Production From 2016 to 2017
Figure 16 >150 Kg Segment to Dominate the Market in 2018
Figure 17 Spot Welding Segment Accounted for the Largest Market Share in 2017
Figure 18 Automotive & Transportation Segment to Dominate the  Market in 2023
Figure 19 Asia Pacific to Witness the Highest Growth Rate in the Market During the Forecast Period
Figure 20 Asia Pacific: Market Snapshot
Figure 21 Europe: Market Snapshot
Figure 22 Key Developments in the Robotic Welding Market 2015–2018
Figure 23 Market Ranking Analysis, 2017
Figure 24 ABB: Company Snapshot
Figure 25 Yaskawa Electric Corporation: Company Snapshot
Figure 26 Panasonic Corporation: Company Snapshot
Figure 27 KUKA: Company Snapshot
Figure 28 Fanuc Corporation: Company Snapshot
Figure 29 Kawasaki Heavy Industries, Ltd.: Company Snapshot
Figure 30 Nachi-Fujikoshi Corp.: Company Snapshot
Figure 31 Denso Corporation: Company Snapshot

The global robotic welding market is projected to grow at a CAGR of 8.91%, from 2018 to 2023, to reach a market size of USD 5.96 billion by 2023, from an estimated market size of USD 3.89 billion in 2018.

The implementation of new industry revolution, Industry 4.0, to boost the productivity and the increased need of scalability in small manufacturing units, especially in developing economies, would act as driving factors for the robotic welding market.

The report segments the robotic welding market, by type, into arc, spot, and others. The spot welding segment is expected to account for the largest market share. Among all the end-user industries, the automotive & transportation industry, which is the largest end-user, has more demand for spot welding. Robots for the spot welding application have a high payload and are expensive than other robots which makes them dominate the market.

The robotic welding market has been further segmented, based on end-user, into automotive & transportation, electricals & electronics, aerospace & defense, and others. The automotive & transportation segment is expected to be the largest market due to high growth of vehicles in developing economies. Emerging economies such as China, India, Brazil, and Iran have a high demand for vehicles which would contribute to the growth of the spot welding segment.

In this report, the robotic welding market has been analyzed with respect to 4 regions, namely, North America, Europe, Asia Pacific, and Rest of the World. Asia Pacific is projected to dominate the global robotic welding market during the forecast period because of the increasing automation in China and other emerging economies. Asia Pacific is also expected to be the fastest growing market, followed by the Rest of the World. Increasing automation in China under the Made in China 2025 plan would drive the growth of the Asia Pacific market; China accounts for more than half of the Asia Pacific market.

The major factors restraining the growth of the robotic welding market is high initial investment cost for small manufacturing units.

Some of the leading players in the robotic welding market include Yaskawa (Japan), Kuka (Germany), Fanuc (Japan), ABB (Switzerland), and Panasonic (Japan). Expansions & investments was the most common strategy adopted by top players, followed by new product launches.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst