Robotic Welding Market size is projected to reach USD 11.7 billion by 2026 from an estimated USD 7.1 billion in 2021, at a CAGR of 10.5% from 2021 to 2026. Ongoing penetration of 5G in industrial manufacturing and principles and the increasing adoption of welding robots in the automotive and transportation industries are among the factors driving the growth of the robotic welding market.
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The spot welding segment projected to hold the major share of the robotic welding market, in 2026.
The spot welding robots segment is projected to hold the largest share of the robotic welding market in 2026. Robotic spot welding, depending on the payload, offers significant advantages in the form of low-space requirements, heavy machine lifting (including welding guns and metal sheets), and strong, accurate, and high-quality welds. All these factors lead to the preference for robotic spot welding. This welding type is particularly useful for heavy-duty applications in automobile manufacturing. It is also used in the metals and machinery, as well as electronics and semiconductors industries that require highly precise welding.
51â€“150 kilogram payload segment of the robotic welding market is projected to grow at the highest CAGR during forecast period
The 51â€“150 kilogram payload segment of the robotic welding market is projected to grow at the highest CAGR from 2021 to 2026. Welding robots with 51â€“150 kilogram payloads are considered medium-payload welding robots. These robots can be floor-mounted, which helps save space in manufacturing facilities. They can be used in metals and machinery, electrical and electronics, pharmaceuticals, construction, and aerospace and defense industries. KUKA AG, ABB, and NACHI-FUJIKOSHI CORP. are among the key players offering medium-payload arc and spot welding robots.
By region, APAC to hold the largest share of the robotic welding market throughout the forecast period
APAC is projected to account for the largest share of the overall robotic welding market in 2026. The market in this region is projected to grow at the highest CAGR from 2021 to 2026. The key factor contributing to the growth of the robotic welding market in APAC is the emergence of countries such as China, Japan, India, and South Korea as manufacturing hubs for electronic equipment, devices, and components. These countries also have flourishing automotive and other industries. These industries require robots for increasing their production volume and reducing their overall production time.
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FANUC Corporation (Japan), YASKAWA Electric Corporation (Japan), KUKA AG (Germany), ABB (Switzerland), Kawasaki Heavy Industries, Ltd. (Japan), Panasonic Corporation (Japan), DAIHEN Corporation (Japan), NACHI-FUJIKOSHI CORP. (Japan), Comau S.p.A. (Italy), and Hyundai Robotics (South Korea) are some of the key players in the robotic welding market.