Global Welding Robotics Market 2022-2032 by Offering (Hardware, Software, Services), Robot Type, Application (Spot, Arc, Laser, Plasma, Others), Payload (<50 kg, 50-150 kg, >150 kg), Industry Vertical, and Region: Trend Forecast and Growth Opportunity
Global welding robotics market will reach $23.22 billion (a total revenue of hardware, software, and service) by 2032, growing by 8.5% annually over 2022-2032, driven by the emerging Industry 4.0, a large scope for AI innovation, an increasing automation in the welding operations, and the rising adoption of robotic welding across various industries to improve the productivity and safety. The annual unit shipment of welding robots in the world is expected to grow by 11.1% annually over the forecast period.
Highlighted with 93 tables and 136 figures, this 230-page report “Global Welding Robotics Market 2022-2032 by Offering (Hardware, Software, Services), Robot Type, Application (Spot, Arc, Laser, Plasma, Others), Payload (<50 kg, 50-150 kg, >150 kg), Industry Vertical, and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global welding robotics market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global welding robotics market in every aspect of the classification from perspectives of Offering, Robot Type, Application, Payload, Industry Vertical, and Region.
Based on Offering, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Hardware
o Robots
o End of Arm Tooling (EOAT) Devices
o Controllers
o Power Sources
o Other Hardware
• Software
• Services
Based on Robot Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) and shipment (thousand units) for 2022-2032 included in each section.
• Articulated Robots
• Cartesian Robots
• SCARA Robots
• Rectilinear Robots
• Collaborative Robots
• Other Robot Types
By Application, the global market is segmented into the following sub-markets with annual revenue ($ mn) and shipment (thousand units) for 2022-2032 included in each section.
• Spot Welding
• Arc Welding
• Laser Welding
• Plasma Welding
• Other Applications
By Payload, the global market is segmented into the following sub-markets with annual revenue ($ mn) and shipment (thousand units) for 2022-2032 included in each section.
• Low Payload (< 50 kg)
• Medium Payload (50-150 kg)
• High Payload (>150 kg)
By Industry Vertical, the global market is segmented into the following sub-markets with annual revenue ($ mn) and shipment (thousand units) for 2022-2032 included in each section.
• Automotive and Transportation
• Electricals & Electronics
• Metal & Machinery
• Aerospace and Defense
• Other Industry Verticals
Geographically, the following regions together with the listed national/local markets are fully investigated:
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Taiwan, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Australia, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, South Africa, and Rest of MEA)
For each region and country, detailed analysis and data of annual revenue ($ mn) and shipment (thousand units) are available for 2022-2032. The breakdown of all regional markets by country and the breakdown of each national market by Robot Type, Application, and Industry Vertical over the forecast years are also included.
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
ABB Ltd.
Comau S.p.A
Daihen Corp.
Denso Corporation
EFORT Intelligent Equipment
Fanuc Corp.
Hyundai Robotics
Kawasaki Robotics Inc.
KUKA (Midea Group)
Nachi Fujikoshi Corp.
Reis Robotics
Siasun
STEP Electric Corporation
Toshiba Machine Co., Ltd.
Universal Robots
Yaskawa Electric Corp.
(Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
1 Introduction 12
1.1 Industry Definition and Research Scope 12
1.1.1 Industry Definition 12
1.1.2 Research Scope 13
1.2 Research Methodology 16
1.2.1 Overview of Market Research Methodology 16
1.2.2 Market Assumption 17
1.2.3 Secondary Data 17
1.2.4 Primary Data 17
1.2.5 Data Filtration and Model Design 18
1.2.6 Market Size/Share Estimation 19
1.2.7 Research Limitations 20
1.3 Executive Summary 21
2 Market Overview and Dynamics 24
2.1 Market Size and Forecast 24
2.1.1 Impact of COVID-19 on World Economy 26
2.1.2 Impact of COVID-19 on the Market 29
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 31
2.2 Major Growth Drivers 35
2.3 Market Restraints and Challenges 40
2.4 Emerging Opportunities and Market Trends 43
2.5 Porter’s Fiver Forces Analysis 47
3 Segmentation of Global Market by Offering 51
3.1 Market Overview by Offering 51
3.2 Hardware 53
3.2.1 Robots 54
3.2.2 End of Arm Tooling (EOAT) Devices 55
3.2.3 Controllers 56
3.2.4 Power Sources 57
3.2.5 Other Hardware 58
3.3 Software 59
3.4 Services 60
4 Segmentation of Global Market by Robot Type 61
4.1 Market Overview by Robot Type 61
4.2 Articulated Robots 65
4.3 Cartesian Robots 67
4.4 SCARA Robots 69
4.5 Rectilinear Robots 71
4.6 Collaborative Robots 73
4.7 Other Robot Types 75
5 Segmentation of Global Market by Application 77
5.1 Market Overview by Application 77
5.2 Spot Welding 81
5.3 Arc Welding 83
5.4 Laser Welding 85
5.5 Plasma Welding 87
5.6 Other Applications 89
6 Segmentation of Global Market by Payload 91
6.1 Market Overview by Payload 91
6.2 Low Payload (< 50 kg) 95
6.3 Medium Payload (50-150 kg) 97
6.4 High Payload (>150 kg) 99
7 Segmentation of Global Market by Industry Vertical 101
7.1 Market Overview by Industry Vertical 101
7.2 Automotive and Transportation 105
7.3 Electrical & Electronics 107
7.4 Metal & Machinery 109
7.5 Aerospace and Defense 111
7.6 Other Industry Verticals 113
8 Segmentation of Global Market by Region 115
8.1 Geographic Market Overview 2022-2032 115
8.2 North America Market 2022-2032 by Country 121
8.2.1 Overview of North America Market 121
8.2.2 U.S. 127
8.2.3 Canada 130
8.2.4 Mexico 132
8.3 European Market 2022-2032 by Country 134
8.3.1 Overview of European Market 134
8.3.2 Germany 140
8.3.3 U.K. 142
8.3.4 France 144
8.3.5 Spain 146
8.3.6 Italy 148
8.3.7 Russia 150
8.3.8 Rest of European Market 152
8.4 Asia-Pacific Market 2022-2032 by Country/Region 154
8.4.1 Overview of Asia-Pacific Market 154
8.4.2 Japan 160
8.4.3 China 163
8.4.4 Taiwan 165
8.4.5 India 167
8.4.6 South Korea 169
8.4.7 Rest of APAC Region 171
8.5 South America Market 2022-2032 by Country 173
8.5.1 Argentina 179
8.5.2 Brazil 181
8.5.3 Chile 183
8.5.4 Rest of South America Market 185
8.6 MEA Market 2022-2032 by Country 186
8.6.1 UAE 192
8.6.2 Saudi Arabia 194
8.6.3 South Africa 196
8.6.4 Other National Markets 198
9 Competitive Landscape 199
9.1 Overview of Key Vendors 199
9.2 New Product Launch, Partnership, Investment, and M&A 202
9.3 Company Profiles 203
ABB Ltd. 203
Comau S.p.A 205
Daihen Corp. 207
Denso Corporation 208
EFORT Intelligent Equipment 210
Fanuc Corp. 211
Hyundai Robotics 213
Kawasaki Robotics Inc. 214
KUKA (Midea Group) 215
Nachi Fujikoshi Corp. 218
Reis Robotics 219
Siasun 220
STEP Electric Corporation 221
Toshiba Machine Co., Ltd. 222
Universal Robots 224
Yaskawa Electric Corp. 227
RELATED REPORTS 230
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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