IMARC Group, a leading market research company, has recently releases report titled “Robotic Welding Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global robotic welding market size, share, analysis, growth, and forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Industry Overview on Robotic Welding Market

Robotic welding, also referred to as automated welding, represents a process that utilizes mechanized programmable tools to heat, blend, and cool metal materials, thereby fusing them together. Its aim is to enhance weld integrity and ensure consistent results while reducing human errors, fatigue, and distractions that can lead to defects. Robotic welding enables more accurate and precise welding, resulting in fewer scrap metals and waste compared to manual welding. In addition to this, it performs various processes with fewer manpower requirements, eliminating the need to hire additional staff for production. As a result, robotic welding finds widespread applications across several sectors, such as automotive, electronics, aerospace, defense, construction, and mining.

How Big Is the Robotic Welding Market?

The global robotic welding market size reached US$ 6.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 10.9 Billion by 2028, exhibiting a growth rate (CAGR) of 8.1% during 2023-2028.

Global Industry Trends and Drivers:

The extensive utilization of this process across the globe, as it reduces labor-intensive injuries, improves order fulfillment speed and accuracy, and increases uptime while lowering costs, is among the primary factors driving the robotic welding market. Besides this, the escalating demand for this method to optimize workspace utilization and enhance supply chain performance in end-user industries is further augmenting the market growth. Moreover, the increasing customization of robotic welding to meet various requirements, such as cloud-based operations, remote monitoring, and improved compatibility with human workers, is also catalyzing the global market. Apart from this, the inflating investments by the leading players in research and development (R&D) initiatives to improve the functionalities and benefits offered by this process are acting as significant growth-inducing factors. Additionally, this method requires minimal hard tooling, as it is reprogrammable, which is also stimulating the market growth. Furthermore, the elevating requirement for this technique in the automotive industry for resistance spot and arc applications in high-production activities is expected to bolster the robotic welding market in the coming years.

Key Market Segmentation:

The report provides detailed segmentation of the global robotic welding market based on based on type, payload, end user and region.

Breakup by Type:

  • Leather Footwear
  • Waterproof Footwear
  • Rubber Footwear
  • Plastic Footwear

Breakup by Product:

  • Shoes
  • Boots

Breakup by Distribution Channel:

  • Offline
  • Online

Breakup by Application:

  • Construction 
  • Manufacturing
  • Mining
  • Oil and Gas
  • Chemical
  • Pharmaceuticals 
  • Transportation 
  • Others

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

The report provides a comprehensive analysis of the industry key players listed below:

The Major Players in the market are Bata Corporation, Caterpillar Inc., COFRA Holding AG, Dunlop Protective Footwear, ELTEN GmbH, Hillson Footwear Pvt. Ltd., Honeywell International Inc., Rahman Group, Rock Fall (UK) Ltd., Saina Group Co. Ltd., uvex group and Wolverine World Wide Inc.

Key highlights of the Report:

  • Market Performance (2018–2023)
  • Market Outlook (2023–2028)
  • COVID-19 Impact on the Market
  • Porter’s Five Forces Analysis
  • Historical, Current and Future Market Trends
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Structure of the Market
  • Value Chain Analysis
  • Comprehensive Mapping of the Competitive Landscape

TOC for the Report:

  • Preface
  • Scope and Methodology
  • Executive Summary
  • Introduction
  • SWOT Analysis
  • Value Chain Analysis
  • Price Analysis
  • Competitive Landscape