Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Robotic Welding Market size was valued at USD 9.23 billion in 2024 and is set to exceed USD 31.12 billion by 2037, registering over 9.8% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of robotic welding is evaluated at USD 10 billion.
The growth of the market can be attributed to the technological advancement and new breakthroughs in robotics and automation technology, along with growing adoption of robots in industrial application. Use of robots reduces the risk of workplace accidents, which is estimated to primarily drive the market growth. According to the International Labor Organization (ILO), 2.3 million work-related accidents or diseases occur every year around the world. Welding is a high-risk work, which requires accuracy and precision. This is easier to achieve through automation. Such factors are estimated to boost the market growth. The up-surge in industrial IoT is further projected to promote the market growth.
