Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 10.84 Billion | USD 31.14 Billion | 10.2% | 2024 |
FrequentlyAsked Questions
Welding robotics automates the process of welding for increasing accuracy, thereby improving accuracy and safety along with reducing the time required for completing each project.
The global welding robotics market is expected to grow due to Rising demand for precision, productivity, and automation in manufacturing drives adoption. Automotive and metal fabrication industries significantly fuel growth.
According to a study, the global welding robotics market size was worth around USD 10.84 Billion in 2024 and is expected to reach USD 31.14 Billion by 2034.
The global welding robotics market is expected to grow at a CAGR of 10.2% during the forecast period.
Asia-Pacific is expected to dominate the welding robotics market over the forecast period.
The global welding robotics market is led by players such as Fanuc Corporation, IGM ROBOTERSYSTEME AG, Kuka AG, Yaskawa Electric Corporation, Estun Automation Co., Ltd., UNITED PROARC CORPORATION, EVS TECH CO., LTD., Daihen Corporation, Kawasaki Heavy Industries, Ltd., Panasonic Corporation, NACHI-FUJIKOSHI CORP., and ABB Ltd.
The welding robotics market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTEL analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five force analysis, and value chain analysis.
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