North America Robotic Welding Machines Market Size By Type(Arc Welding, Spot Welding), By Application(Automotive & Transportation, Electricals & Electronics, Aerospace & Defense), By Geographic Scope And Forecast
Published on: 2024-08-11 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
North America Robotic Welding Machines Market Size By Type(Arc Welding, Spot Welding), By Application(Automotive & Transportation, Electricals & Electronics, Aerospace & Defense), By Geographic Scope And Forecast
North American Robotic Welding Machines Market Size And Forecast
North American Robotic Welding Machines Market size was valued is projected to reach USD 1,196.8 Million by the end of 2030, growing at a CAGR of 9.47% from 2023 to 2030.
The market for robotic welding machines is showing a trend toward increased automation in an effort to cut costs. Automation lowers labor costs, boosts productivity, and enhances welding process quality. Robotic welding can lower the possibility of human error and increase workplace safety. Advanced technologies like AI and machine learning can also be used to further optimize the welding process and cut costs. In the upcoming years, this trend is anticipated to fuel the market for robotic welding machines. The North American Robotic Welding Machines Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
What is Robotic Welding Machines?
The arm has a welding tool attached to it, and it can be programmed to move in a certain way to carry out various welding tasks. The robot arm’s movements must be coordinated by the control system in order for it to carry out the desired welding operations precisely and consistently. The software can be used to program the control system, and it can be connected to other manufacturing systems like those for material handling and quality control.
Robotic welding machines have a variety of sensors and cameras that enable them to monitor their surroundings and adjust as necessary. For instance, sensors could be used to keep track of the welding area’s temperature, and cameras could be employed to aid the robot in navigating its surroundings and carrying out precise welding tasks. The robotic welding device needs the power to function. If the machine is being used in a place without access to electrical power, this can be supplied by a generator or an electrical power source.
North American robotic welding machines Market Overview
The automotive industry continues embracing technological innovations that improve productivity. Increasing demand for cars worldwide puts pressure on the automotive industry to raise production. More production will require investing in machinery, such as robotic welding arms, that increases the accuracy and speed of the vehicle-building process. Therefore, to increase the accuracy and speed of the vehicle-building process, the use of robotic arc welding for high-volume automotive component production is becoming more widespread. Benefits such as improved consistency and better quality combined with a variety of technological advancements for the implementation of gas metal arc welding (GMAW) during the fabrication process have been key reasons behind this. By reducing the need for manual labor and limiting exposure to dangerous welding fumes and sparks, the use of robotic welding machines can increase welding process safety. Robotic welding equipment can result in cost savings due to lower labor costs, higher productivity, better consistency and quality, and less downtime. The market for robotic welding machines is anticipated to grow as a result of these savings in costs. The market for robotic welding machines is showing a trend toward increased automation in an effort to cut costs. Automation lowers labor costs, boosts productivity, and enhances welding process quality. Robotic welding can lower the possibility of human error and increase workplace safety. Advanced technologies like AI and machine learning can also be used to further optimize the welding process and cut costs. In the upcoming years, this trend is anticipated to fuel the market for robotic welding machines. However, larger companies have the capital to invest in robotic welding machines and the resources to absorb larger initial investments in automation. However, the smaller companies still have to weld manually. The main barriers that prevent SMEs from utilizing robotic welding machines to a larger degree are a large initial investment, uncertainty about costs (total cost of ownership), and lack of expertise among others.
North American Robotic Welding Machines MarketSegmentation Analysis
The North American Robotic Welding Machines Market is segmented by Type, Application, and Geography.
North American robotic welding machines Market by Type
- Arc Welding
- Spot Welding
- Others
To Get Summarized Market Report By Type-
Spot Welding accounted for the largest market share of 50.41% in 2021, and are projected to grow at a CAGR of 5.60% during the forecast period. Spot welding is typically used when welding particular types of sheet metal, welded wire mesh, or wire mesh. Spot welding is more challenging with thicker stock due to the heat spreading more quickly into the surrounding metal. Many sheet metal products, such as metal buckets, can be easily identified by spot welding. Aluminum alloys can be spot welded, but due to their significantly higher electrical and thermal conductivities, stronger welding currents are needed. Welding transformers must be bigger, more powerful, and more expensive for this.
North American robotic welding machines Market by Application
- Automotive & Transportation
- Electricals & Electronics
- Aerospace & Defense
- Metals & Machinery
- Others
To Get Summarized Market Report By Application-
Automotive & Transportation accounted for the largest market share of 40.84% in 2021, and are projected to grow at a CAGR of 9.94% during the forecast period. The automotive industry is a significant end-user of welding robots and is the market driver. Welding robot growth has long been fuelled by the employment of welding robots in this industry to assist lower labor costs and improve productivity, dependability, and quality control over welds. Manufacturers in Europe, where labor costs are high, the workforce is aging, and there are relatively few skilled welders, are expected to increase their demand for robotic technology due to its benefits, such as improved process efficiency, increased production output, as well as lower total operating costs.
North American robotic welding machines Market by Geography
- U.S.
- Canada
- Mexico
To Get Summarized Market Report By Geography-
In the global market split, the US accounted for the largest market share of 76.55% in 2021 and is projected to grow at the highest CAGR of 10.15% during the forecast period. Rising R&D by many major companies to introduce cutting-edge goods in this region is anticipated to fuel market expansion. For instance, Motoman released new products in the robotic welding machine industry, such as an enhanced work cell for tough production conditions and an industrial robot arc welding pendant application. ArcWorld 50 series work cell, a reasonably priced wire-to-weld system, is pre-assembled on Universal Weldcom Interface (UWI), a pendant application that enables full utilization of advanced capabilities in Lincoln Electric digital welding power supplies, and AR3120, a six-axis welding robot with a 3,124-mm vertical reach and a 5,622-mm vertical reach.
Key Players
The major players in the market arePanasonic Corporation, Yaskawa Electric Corporation, KUKA AG, Nachi-Fujikoshi Corp., Kawasaki Heavy Industries Ltd., Denso Corporation, Fanuc Corporation, ABB Ltd, Comau, Novarc Technologies, Kemppi, Hirebotics, Siasun Robot & Automation Co. Ltd., and Universal Robots.
This section provides a company overview, ranking analysis, company regional and industry footprint, and ACE Matrix.
Key Developments
November, 2022 New Launch • At FABTECH in Atlanta, FANUC showcased automation solutions for welding, cutting, painting, and laser processing. The new CRX-25iA welding cobot, which has a 25kg payload and 1,889mm reach, was on display at FABTECH by FANUC. Additionally, attendees have been able to train weld joints using either hand guiding or a tablet interface with drag-and-drop icons thanks to a CRX-10iA welding cobot.
Report Scope
STUDY PERIOD | DETAILS |
---|---|
STUDY PERIOD | 2019-2030 |
BASE YEAR | 2022 |
FORECAST PERIOD | 2023-2030 |
HISTORICAL PERIOD | 2019-2021 |
UNIT | Value (USD Million) |
KEY COMPANIES PROFILED | Panasonic Corporation, Yaskawa Electric Corporation, KUKA AG, Nachi-Fujikoshi Corp., Kawasaki Heavy Industries Ltd., Denso Corporation, Fanuc Corporation, ABB Ltd, Comau, Novarc Technologies, Kemppi, Hirebotics, Siasun Robot & Automation Co. Ltd., and Universal Robots. |
SEGMENTS COVERED | By Type, By Application, and By Geography. |
CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope. |
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