LUCINTEL FORECASTS THE GLOBAL ROBOTIC WELDING MARKET TO REACH $15.0 BILLION BY 2030
LUCINTEL FORECASTS THE GLOBAL ROBOTIC WELDING MARKET TO REACH $15.0 BILLION BY 2030
Blog Article
According to a market report by Lucintel, the future of the global robotic welding market looks promising with opportunities in the automotive and transportation, electrical and electronics, and aerospace & defense markets. The global robotic welding market is expected to reach an estimated $15.0 billion by 2030 from $8.4 billion in 2024, at a CAGR of 10.2% from 2024 to 2030. The major drivers for this market are growing adoption of industry 4.0 and rising usage of welding robots in the automotive and transportation industries.
A more than 150-page report to understand trends, opportunity and forecast in robotic welding market to 2030 by type (spot welding robots, arc welding robots, and others), payload (>150 kilograms, 50-150 kilograms, and >150 kg payload), end use (automotive and transportation, electrical and electronics, aerospace & defense, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, spot welding robot segment will remain a larger segment over the forecast period due to its benefits, such as low-space requirements, heavy machine lifting (including welding guns and metal sheets), and strong, accurate, and high-quality welds.
Within the end use category, automotive and transportation will remain the largest segment due to significantly growing automobile manufacturing.
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In terms of regions, APAC will remain the largest region over the forecast period due to presence of large manufacturing units and growing industrialization in countries, such as China, India, and Japan.
FANUC, YASKAWA, KUKA, ABB, Kawasaki Heavy Industries are the major suppliers in the robotic welding market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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