Industrial Welding Robots Market to Record a CAGR of 6.26%, Majority of Market Growth to Originate from APAC - Technavio

NEW YORK, Sept. 27, 2022 /PRNewswire/ -- The industrial welding robots market size is expected to grow by USD 2.53 billion from 2021 to 2026. However, the growth momentum of the market will accelerate at a CAGR of 6.26% during the forecast period, according to Technavio. The growing popularity of industrial robots in APAC is driving the industrial welding robots market growth. However, factors such as increasing price competition in APAC may challenge market growth.

Technavio has announced its latest market research report titled Global Industrial Welding Robots Market 2022-2026
Technavio has announced its latest market research report titled Global Industrial Welding Robots Market 2022-2026

Get a comprehensive report summary describing the market size and forecast along with research methodology. The FREE sample report is available in PDF format

Industrial Welding Robots Market 2022-2026: Scope

The industrial welding robots market report covers the following areas:

Industrial Welding Robots Market 2022-2026: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the industrial welding robots market, including ABB Ltd., Abhisha Technocrats Pvt Ltd, Acieta LLC, Bystronic Laser AG, Carl Cloos Schweisstechnik GmbH, EWM AG, DAIHEN Corp., FANUC Corp., Illinois Tool Works Inc., Hyundai Robotics, Kawasaki Heavy Industries Ltd., MIDEA Group Co. Ltd., Kemppi Oy, OMRON Corp., Panasonic Corp, Smenco Pty Ltd, Stellantis NV, Teradyne Inc., The Lincoln Electric Co., and Yaskawa Electric Corp.

Industrial Welding Robots Market 2022-2026: Segmentation

  • Product

  • End-user

  • Geography

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a FREE PDF Sample Report

Industrial Welding Robots Market 2022-2026: Revenue-generating Product Segments

The spot welding robot segment will be the largest contributor to market growth during the forecast period. This growth is attributed to factors such as the growing use of spot welding robots in the automotive, electronics, and heavy machinery industries. Spot welding is a major process in the manufacturing facilities of end-users. Industry players are using spot welding robots to raise their productivity and gain operational efficiency.

Industrial Welding Robots Market 2022-2026: Regional Analysis

APAC will account for 60% of the market's growth during the forecast period. This growth is attributed to factors such as rising investments in the automotive industry. Moreover, market growth in this region will be faster than the growth of the market in other regions. China, Japan, and South Korea (Republic of Korea) are the key countries for the industrial welding robots market in APAC.

Industrial Welding Robots Market 2022-2026: Key Highlights

  • CAGR of the market during the forecast period 2022-2026

  • Detailed information on factors that will enable the industrial welding robots market to grow during the next five years

  • Approximation of the industrial welding robots market size and its contribution to the parent market

  • Forecasts on upcoming trends and changes in consumer behavior

  • The growth of the industrial welding robots market

  • Analysis of the market's competitive landscape and detailed information on vendors

  • Comprehensive details of factors that will challenge the growth of industrial welding robots market vendors

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Industrial Welding Robots Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 6.26%

Market growth 2022-2026

USD 2.53 billion

Market structure

Fragmented

YoY growth (%)

5.55

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 60%

Key consumer countries

US, China, Japan, South Korea, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

ABB Ltd., Abhisha Technocrats Pvt Ltd, Acieta LLC, Bystronic Laser AG, Carl Cloos Schweisstechnik GmbH, DAIHEN Corp., EWM AG, FANUC Corp., Hyundai Robotics, Illinois Tool Works Inc., Kawasaki Heavy Industries Ltd., Kemppi Oy, MIDEA Group Co. Ltd., OMRON Corp., Panasonic Corp, Smenco Pty Ltd, Stellantis NV, Teradyne Inc., The Lincoln Electric Co., and Yaskawa Electric Corp.

Market Dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Table Of Contents

1 Executive Summary

  • 1.1 Market overview

2 Market Landscape

  • 2.1 Market ecosystem

3 Market Sizing

  • 3.1 Market definition

  • 3.2 Market segment analysis

  • 3.3 Market size 2021

  • 3.4 Market outlook: Forecast for 2021-2026

4 Five Forces Analysis

  • 4.1 Five forces summary

  • 4.2 Bargaining power of buyers

  • 4.3 Bargaining power of suppliers

  • 4.4 Threat of new entrants

  • 4.5 Threat of substitutes

  • 4.6 Threat of rivalry

  • 4.7 Market condition

5 Market Segmentation by Product

  • 5.1 Market segments

  • 5.2 Comparison by Product

  • 5.3 Spot welding robots - Market size and forecast 2021-2026

  • 5.4 Arc welding robots - Market size and forecast 2021-2026

  • 5.5 Laser welding robots - Market size and forecast 2021-2026

  • 5.6 Market opportunity by Product

6 Market Segmentation by End-user

  • 6.1 Market segments

  • 6.2 Comparison by End-user

  • 6.3 Automotive - Market size and forecast 2021-2026

  • 6.4 Electrical and electronics - Market size and forecast 2021-2026

  • 6.5 Heavy machinery - Market size and forecast 2021-2026

  • 6.6 Others - Market size and forecast 2021-2026

  • 6.7 Market opportunity by End-user

7 Customer Landscape

  • 7.1 Customer landscape overview

8 Geographic Landscape

  • 8.1 Geographic segmentation

  • 8.2 Geographic comparison

  • 8.3 APAC - Market size and forecast 2021-2026

  • 8.4 Europe - Market size and forecast 2021-2026

  • 8.5 North America - Market size and forecast 2021-2026

  • 8.6 South America - Market size and forecast 2021-2026

  • 8.7 Middle East and Africa - Market size and forecast 2021-2026

  • 8.8 Japan - Market size and forecast 2021-2026

  • 8.9 US - Market size and forecast 2021-2026

  • 8.10 China - Market size and forecast 2021-2026

  • 8.11 South Korea - Market size and forecast 2021-2026

  • 8.12 Germany - Market size and forecast 2021-2026

  • 8.13 Market opportunity by geography

9 Drivers, Challenges, and Trends

  • 9.1 Market drivers

  • 9.2 Market challenges

  • 9.3 Impact of drivers and challenges

  • 9.4 Market trends

10 Vendor Landscape

  • 10.1 Overview

  • 10.2 Vendor landscape

  • 10.3 Landscape disruption

  • 10.4 Industry risks

11 Vendor Analysis

  • 11.1 Vendors covered

  • 11.2 Market positioning of vendors

  • 11.3 ABB Ltd.

  • 11.4 Illinois Tool Works Inc.

  • 11.5 Kawasaki Heavy Industries Ltd.

  • 11.6 MIDEA Group Co. Ltd.

  • 11.7 OMRON Corp.

  • 11.8 Panasonic Corp

  • 11.9 Stellantis NV

  • 11.10 Teradyne Inc.

  • 11.11 The Lincoln Electric Co.

  • 11.12 Yaskawa Electric Corp.

12 Appendix

  • 12.1 Scope of the report

  • 12.2 Inclusions and exclusions checklist

  • 12.3 Currency conversion rates for US$

  • 12.4 Research methodology

  • 12.5 List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Email: media@technavio.com
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Global Industrial Welding Robots Market 2022-2026
Global Industrial Welding Robots Market 2022-2026
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