Robotic Welding Market: Breakthrough & Forecast

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Robotic Welding Market Breakthrough Forecast
Automation has disrupted the industrial sector by
drastically changing production techniques and
reducing the overall time and cost spent. As a
result, robotic welding technology is becoming
increasingly popular across automotive, metal
machinery, electronics, and other
industries. According to the experts at Triton
Market Research, the Global Robotic Welding
Market will advance with a CAGR of 7.35 over the
forecast period, 2022-2028 Welding robots can
perform complicated tasks and provide superior
output quicker than human workers. They are
developed by combining welding, robotics,
artificial intelligence, control systems, and
sensor technology. These robots operational
excellence, along with increased productivity,
contribute to their demand.
Industry 4.0 Implementation bolsters Welding
Robot Deployment Industry 4.0 has revolutionized
the manufacturing sector by equipping it with
advanced technology, thus leading to enhanced
productivity, flexibility, quality, and speed.
Manufacturers are now shifting towards the
adoption of intelligent and networked Industry
4.0-compatible robots incorporated with wireless
connectivity, sensors, and a centralized control
system. Additionally, players in the robotic
welding market are also focusing on introducing
such solutions to the market. For instance, in
March 2020, Roboteco Italargon developed a
robotic welding cell for its client
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Steel Tech, to increase production and ensure
interconnection within all stages of the
manufacturing process. The cell is comprised of a
TIG arc welding solution and an Industry 4.0 kit
to enable easy data exchange for efficient
interconnection. Automotive Transportation
Sector Leads the Way The automotive
transportation sector is the leading industry
vertical in the robotic welding market, which
accounted for the highest revenue share of
4172.27 million in the segment in 2021. The
rising demand for vehicles and efficient
infrastructure has compelled the automotive
transportation sector to enhance production and
construction activities. Being at the forefront
of embracing technological innovations, it has
largely adopted robotic welding arms to boost the
accuracy and speed of the vehicle-building
process. In fact, from 2018 to 2023, the use of
welding robots in this sector increased with a
CAGR of 8.91. What makes the Asia-Pacific a
leader in the Global Market? The Asia-Pacific
robotic welding market is the leading region
globally. It accounted for 8767.11 million in
2021 and is estimated to gain 7985.35 million by
2028. According to the International Federation
of Robotics (IFR), Asia accounted for 71 of all
newly deployed industrial robots in 2020, with
168,400 units installed in China itself.
Moreover, India, China, Japan, and South Korea
are among the leading automobile manufacturers in
the world. The presence of a robust automotive
industry has enhanced the adoption of welding
robots in the Asia-Pacific. Besides, Japan is
home to several leading market players, including
Yaskawa Electric Corp, Hyundai Motor,
Nachi-Fujikoshi Corp, Kawasaki Heavy Industries
Ltd, and others, which are focused on devising
growth-driven strategies. For instance, in March
2022, Nachi-Fujikoshi Corp launched its MZ F
series comprising high-speed and high-precision
robots, driven by the need to tackle labor
shortage. Further, in July 2022, Daihen
Corporation developed a new welding arc called
Plasma Jet TIG, which is optimal for joining main
components such as stator coils of motors used in
electric vehicles. Also, in August 2022, Yaskawa
Electric Corp launched its new lineup of
Motoman-HC30PL welding robots, with a 30 kg
payload capacity for palletizing
applications. Along with these factors, the
implementation of major manufacturing initiatives
such as Made in China 2025 and Make in India
is expected to aid the adoption of robotic
welding systems, thus positioning the regions
market on a growth path. Capitalizing Future
Tech Currently, operators are required to program
welding robots before deploying them for a
process. However, with advancements in
technology, they may only need to think about the
desired task to be performed by the robot. In
February 2019, researchers at the University of
Illinois Urbana-Champaign developed an EEG-based
cap that converts brain waves into operational
instructions for robotic welding arms. If used
for industrial applications, this breakthrough
development could eliminate the need for
computer programming and also reduce the time
taken for training the personnel. Though the
complete
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development and adoption of such mind-controlled
robots may still take several years, it creates
positive prospects for the future of the global
robotic welding market.
FAQs Q 1) Which region is expected to show the
fastest growth in the global market? North
America is expected to grow the fastest in the
global market, with a CAGR of 8.99 during the
forecast period. Q 2) Which are the different
types of welding covered in the market
report? The global robotic welding market by
welding type includes spot, plasma, arc (TIG,
MIG), laser, and other welding types. Q 3) What
is a key challenge in the path of market
growth? The high costs for installing and
maintaining welding robots are a key market
challenge hindering their adoption.