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Robotics Welding Market Share

Report ID: GMI6977
Published Date: Oct 2023
Report Format: PDF

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Robotics Welding Market Share

The robotics welding market is highly competitive owing to the presence of key players such as:

ABB Ltd.
Daihen Corporation
Fanuc Corporation
Kawasaki Heavy Industries, Ltd.
Kuka AG
Panasonic Corporation
Yaskawa Electric Corporation

Significant investments in R&D to gain technological competitiveness and aggressive business strategies including technological launches as well as collaborations and long-term agreements with clients to capture market share are positively impacting market growth.

Authors: Suraj Gujar , Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The robotics welding industry value was USD 7.8 Billion in 2022 and is estimated to register over 10% CAGR between 2023 and 2032.

The spot-welding segment accounted for over USD 2.1 Billion and is also estimated to register about 12% CAGR from 2023 to 2032 as robotics welding can perform welds quickly & consistently, leading to increased productivity in manufacturing processes.

Asia Pacific led the global robotics welding market in 2022, accounting for over 10.5% share and will grow through 2032 due to rapid industrialization, the rising demand for automation solutions, and the need for cost-effective labor alternatives.

ABB Ltd., Daihen Corporation, Fanuc Corporation, Kawasaki Heavy Industries, Ltd., Yaskawa Electric Corporation, Kuka AG, and Panasonic Corporation.