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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Competitive Landscape
Major market players are increasing their collaboration, partnership, and research and development activities to gain a competitive edge
Fanuc Corporation
Fanuc Corporation is headquartered in Japan and founded in 1956. The company provides a diverse portfolio of welding and cutting solutions, available under the well-established brands of FANUC Robot ARC Mate, FANUC Robot M, and FANUC Robot R.
ABB Ltd.
ABB Ltd., headquartered in Switzerland and founded in 1988, offers diverse robot models, such as the robust IRB 7600 with a hefty 630 Kg handling capacity, ideal for heavy-duty tasks.
Yaskawa Electric Corporation
Yaskawa Electric Corporation, headquartered in Japan and founded in 1915, offers AR-Series welding robot models, HC10 series welding cobot, and HC20 series welding cobot.
Kuka AG
KUKA AG, headquartered in Germany and founded in 1898, offers specialised ARC welding solutions through its KUKA arc welding robots. These robots come with payload capacities ranging from 6 to 22 kg and offer impressive reaches of up to 3,100 mm.
Other key players in the robotic welding market include EVS TECH CO., LTD, Estun Automation Co., Ltd., NACHI-FUJIKOSHI CORP., and Panasonic Corporation.
Robotic Welding Market Report Snapshots
Robotic Welding Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market value was approximately USD 4,501.10 million.
The market is projected to grow at a CAGR of 8.0% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 9192.65 million by 2032.
The major drivers include rising industrialisation and manufacturing activities, rising need for mobility solutions, and rising investments from the logistics and military sectors.
The key trends aiding the market include the integration of advanced technologies in robotic welding systems, increasing adoption of Industry 4.0, and improvements in the energy efficiency of welding robots.
The different types of welding robots include spot welding robots and arc welding robots, among others.
The major applications of robotic welding include automotive and transportation, electrical and electronics, metals and machinery, and aerospace and defence, among others.
The major players in the market include Fanuc Corporation, ABB Ltd., Yaskawa Electric Corporation, Kuka AG, EVS TECH CO., LTD, Estun Automation Co., Ltd., NACHI-FUJIKOSHI CORP., and Panasonic Corporation.
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