Robotic Welding Sector: Growth Drivers and Challenges
Growth Drivers
- Growing Adoption of Robotics and Automation
- Enhanced Productivity, Quality, and Safety by Implementation of Robots
Challenges
-
Availability of Cheap Labor in Low-Income Countries
Robotic Welding Market: Key Insights
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
9.8% |
|
Base Year Market Size (2024) |
USD 9.23 billion |
|
Forecast Year Market Size (2037) |
USD 31.12 billion |
|
Regional Scope |
|
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of robotic welding is evaluated at USD 10 billion.
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.
North America industry is likely to hold largest revenue share by 2037, attributed to rising adoption of robotics and automatic technology, along with higher labor cost in the region.
The major players in the market are Kawasaki Heavy Industries, Ltd., Panasonic Corporation, DAIHEN Corporation, Nachi-Fujikoshi Corp., Comau S.p.A., Hyundai Robotics, ABB Ltd., and others.
