ASIA-PACIFIC ROBOTIC WELDING MARKET FORECAST 2022-2030

The Asia-Pacific robotic welding market is estimated to surge with a 6.48% CAGR by 2030, and is expected to be valued at $6022.45 million during the assessment years, 2022-2030.

Asia-Pacific has recorded the fastest adoption of automation solutions over the years across industries for efficient and quick manufacturing processes. Also, according to the International Federation of Robotics (IFR), Asia is the world’s largest industrial robot market. The region also has a robust automotive industry across the globe. Therefore, the presence of a robust automotive sector, and an increase in the number of passenger car and commercial vehicle manufacturers, are two main reasons supporting the automotive industry’s expansion in the region.

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The Asia-Pacific robotic welding market growth analysis includes the evaluation of India, Taiwan, China, Japan, South Korea, Thailand, Indonesia, and Rest of Asia-Pacific. China is a global leader in robotic technology adoption. According to the International Federation of Robotics (IFR), China had over 9,00,000 industrial robots in 2020. The country homes some major automotive manufacturers and has the presence of several major luxury car manufacturers. Moreover, the introduction of Made in China 2025 initiative by the government of China further drives the country’s manufacturing sector. Major manufacturing industries across China include automotive, machinery, steel, etc.

Japan is the second largest country producing and installing industrial robots in 2020. The automotive sector in this country excels in quality and innovation. Also, Japan is home to several leading automotive brands. The country’s autonomous vehicle market has experienced strong growth with the passenger car market. Further, various auto manufacturers in Japan are highly involved in finding revenue streams with disruptive technologies. The autonomous vehicle is the potential technology that could bring business innovation beyond the automotive industry. This growth in technology adoption across the sector propels the adoption of robotic welding across the country.

The Asia-Pacific robotic welding market analysis entails segmentation by type, payload capacity, and end-user. Market by end-user covers automotive & transportation, electrical & electronics, metals & machinery, and other end-users.

The automotive sector includes numerous companies engaged in designing and manufacturing motor vehicles. The transportation industry consists of bridges, containers, recreational vehicles, ships, locomotives, railroads, aerospace, and heavy trucks. The types of welding within the automotive & transportation industry require unique solutions for each application. The wide range of automobile body components is joined using spot welding techniques to meet the demand for new material combinations for auto body parts. Robotic welding is required for welding in the exhaust & seat manufacturing, power train, chassis components, and bodywork.

The new trend in the automotive industry is to design and manufacture modular frame chassis, monocoque chassis, and ladder chassis with lighter materials for lighter vehicles, which drives the demand for robotic welding. Furthermore, factors such as savings on materials and labor, faster production, and reduction in defects & material waste are expected to fuel the growth in the robotic welding market for automotive & transportation.

In addition, increasing car demand puts pressure on the transportation and automotive sectors to raise production. More production requires investments in machinery, like robotic welding arms, that increase the accuracy, efficiency, and speed of the vehicle-building process. Hence, the growth of this segment is contributed by increasing vehicle demand in emerging economies and the rising adoption of electric vehicles throughout the region.

Leading companies in the Asia-Pacific robotic welding market include Yaskawa Electric Corp, Hyundai Corp, Panasonic Corp, etc.

Panasonic Corporation is a Japanese consumer electronics company. It is a global leader in developing electronics technologies and solutions for customers in automotive, B2B businesses, consumer electronics, and housing. The automotive segment provides mobility solutions such as electric vehicle charging and battery swapping infrastructure. Moreover, it is committed to pursuing new value through innovation across divisional lines. It uses its technologies to improve the consumer experience. It has a global presence with 529 subsidiaries and associated companies worldwide. Panasonic Corporation is headquartered in Osaka, Japan.

Panasonic’s CO2/MAG Welding Machine delivers a revolutionary CO2/MAG welding process with tough, better welding performance and energy-saving.

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