The North America robotic welding market is set to record an 8.93% CAGR by 2030, and is estimated to generate a revenue of $1623.61 million during the forecast years, 2022-2030.

NORTH AMERICA ROBOTIC WELDING MARKET FORECAST 2022-2030

North America Robotic Welding Market by Type (Arc, Spot, Plasma, Laser, Other Types) Market by Payload Capacity (Less Than 50kg, 50 to 150kg, More Than 150kg) Market by End-user (Automotive & Transportation, Electrical & Electronics, Metals & Machinery, Other End-users) by Geography

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The North America robotic welding market is set to record an 8.93% CAGR by 2030, and is estimated to generate a revenue of $1623.61 million during the forecast years, 2022-2030.

Robotic welding is a process that automates mechanized programmable tools to weld and handle the industry’s equipment. Industrial robots are becoming essential across several industrial sectors, such as oil & gas, automobiles, construction, etc. Additionally, adopting robots has resulted in outstanding outputs in terms of surface finish and dimensional accuracy across the industry.

North America Robotic Welding Market

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It is also observed that industries like construction, automotive, etc., consistently implement advanced robotic technology to automate manufacturing processes. As a result, owing to the investments in research & development activities and implicit efforts of the manufacturers, sales are increasing.

North America is characterized by developed economies such as the United States and Canada, with high GDP per capita. Further, the growth is driven by vast industrializing infrastructure, favorable economic policies, a positive outlook on adopting advanced technology, and a high inclination toward automation across the industrial and commercial sectors. Most of the fortune 500 manufacturing companies have a strong manufacturing footprint in the region, so the adoption of automation, including the use of robotics across the manufacturing sector, is on the higher side.

The North America robotic welding market growth assessment entails the analysis of Canada and United States. The United States is among the highly industrial country. Metals, electronics, automotive, and construction are among the major industries in the country that are highly inclined toward adopting advanced technology. However, automotive industries such as electronics, pharmaceutical, consumer goods, and others are increasing their emphasis on procurement of advanced robotics including welding robotics and showcased a positive adoption trend in 2020.

The North America robotic welding market entails segmentation assessment by end-user, payload capacity, and type. Market by end-user includes electrical & electronics, metals & machinery, automotive & transportation, and other end-users.

The electricals & electronics sector includes designing and manufacturing electronic & electrical equipment for consumers and industries. The electronics & electrical industry consists of electrical equipment manufacturing, electronic products manufacturing, and navigational, measuring, electromedical, and control instruments manufacturing. The electronics segment uses numerous welding robots driven by the need for speed, precision, and quality. Further, the electronics industry is expected to increase the number of welding robots for new production processes. As a result, welding robotics applications in the electronics & electrical industry are experiencing rapid growth.

Additionally, the production of electronics and electrical goods has seen a sharp increase in investment, which has led to numerous new factories and plant expansions, providing the sector with attractive growth potential. The electronics and electrical sectors have become crucial for the robotic welding market. Robotic welding for electronics and electrical has become much simpler to operate, decreasing installation times and overall cost of robotic solutions. Automotive applications still dominate the market for robotic welding, but sales of robot welding equipment in the electronics and electrical sectors are also rising.

Some of the key companies in the North America robotic welding market entails Miller Electric Company, Hyundai Corp, ABB Ltd, Lincoln Electric Company, etc.

Miller Electric Company is a welding equipment manufacturer. It offers fume extraction systems, plasma cutters, industrial regulators, safety glasses, air-cooled blankets, consumables, and other accessories. The company caters to education, agriculture, construction, aviation, motorsports, and marine applications. The company is headquartered in Wisconsin, United States.

Millermatic 141 from Miller Electric auto-sets to provide the exact settings to weld mild steel, while the flexibility to manually set own parameters is achieved with infinite voltage control. It also sets the wire diameter, dials in the thickness of welding object, and start welding with the exact parameters.

Report Synopsis

Report ScopeDetails
Market Forecast Years2022-2030
Base Year2021
Market Historical Years2018-2021
Forecast UnitsRevenue ($ Million)
Segments AnalyzedType, Payload Capacity, End-User
Countries AnalyzedUnited States and Canada
Companies Analyzed

ABB Ltd, DAIHEN Corporation Ltd, DENSO Corporation, FANUC Corporation, Hyundai Corporation, igm Robotersysteme AG, Kawasaki Heavy Industries Ltd, Kemppi OY, KUKA AG, Lincoln Electric Company, Miller Electric Mfg LLC, NACHI-Fujikoshi Corp, Panasonic Corporation, SIASUN Robot & Automation Co Ltd, Yaskawa Electric Corporation

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    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • SCOPE OF STUDY
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY
      • MARKET SIZE & ESTIMATES
      • MARKET OVERVIEW
    3. MARKET DYNAMICS
      • KEY DRIVERS
        • SURGE IN THE USE OF HIGH-EFFICIENCY ROBOTS
        • INCREASING USE OF ROBOTS IN THE AUTOMOTIVE INDUSTRY
        • RISING IMPLEMENTATION OF INDUSTRY 4.0
      • KEY RESTRAINTS
        • HIGH INITIAL COST FOR INSTALLATION OF WELDING ROBOTS
    1. KEY ANALYTICS
      • IMPACT OF COVID-19 ON ROBOTIC WELDING MARKET
      • KEY MARKET TRENDS
      • PORTER’S FIVE FORCES ANALYSIS
        • BUYERS POWER
        • SUPPLIERS POWER
        • SUBSTITUTION
        • NEW ENTRANTS
        • INDUSTRY RIVALRY
      • OPPORTUNITY MATRIX
      • VENDOR LANDSCAPE
      • VALUE CHAIN ANALYSIS
      • KEY BUYING CRITERIA
        • DELIVERY COST
        • SAFETY
        • EFFICIENCY
        • ACCURACY
    1. MARKET BY TYPE
      • ARC
        • MIG
        • TIG
      • SPOT
      • PLASMA
      • LASER
      • OTHER TYPES
    2. MARKET BY PAYLOAD CAPACITY
      • LESS THAN 50KG
      • 50 TO 150KG
      • MORE THAN 150KG
    3. MARKET BY END-USER
      • AUTOMOTIVE & TRANSPORTATION
      • ELECTRICAL & ELECTRONICS
      • METALS & MACHINERY
      • OTHER END-USERS
    4. GEOGRAPHICAL ANALYSIS
      • NORTH AMERICA
        • MARKET SIZE & ESTIMATES
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • UNITED STATES
          • CANADA
    1. COMPETITIVE LANDSCAPE
      • KEY STRATEGIC DEVELOPMENTS
        • PRODUCT LAUNCHES & DEVELOPMENTS
        • PARTNERSHIPS & AGREEMENTS
        • BUSINESS EXPANSIONS & DIVESTITURES
      • COMPANY PROFILES
        • ABB LTD
        • DAIHEN CORPORATION LTD
        • DENSO CORPORATION
        • FANUC CORPORATION
        • HYUNDAI CORPORATION
        • IGM ROBOTERSYSTEME AG
        • KAWASAKI HEAVY INDUSTRIES LTD
        • KEMPPI OY
        • KUKA AG
        • LINCOLN ELECTRIC COMPANY
        • MILLER ELECTRIC MFG LLC
        • NACHI-FUJIKOSHI CORP
        • PANASONIC CORPORATION
        • SIASUN ROBOT & AUTOMATION CO LTD
        • YASKAWA ELECTRIC CORPORATION

    LIST OF TABLES

    TABLE 1: MARKET SNAPSHOT – ROBOTIC WELDING

    TABLE 2: NORTH AMERICA ROBOTIC WELDING MARKET, BY TYPE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 3: NORTH AMERICA ROBOTIC WELDING MARKET, BY TYPE, FORECAST YEARS, 2022-2030 (IN $ MILLION)

    TABLE 4: NORTH AMERICA ROBOTIC WELDING MARKET, BY ARC, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 5: NORTH AMERICA ROBOTIC WELDING MARKET, BY ARC, FORECAST YEARS, 2022-2030 (IN $ MILLION)

    TABLE 6: NORTH AMERICA ROBOTIC WELDING MARKET, BY PAYLOAD CAPACITY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 7: NORTH AMERICA ROBOTIC WELDING MARKET, BY PAYLOAD CAPACITY, FORECAST YEARS, 2022-2030 (IN $ MILLION)

    TABLE 8: NORTH AMERICA ROBOTIC WELDING MARKET, BY END-USER, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 9: NORTH AMERICA ROBOTIC WELDING MARKET, BY END-USER, FORECAST YEARS, 2022-2030 (IN $ MILLION)

    TABLE 10: NORTH AMERICA ROBOTIC WELDING MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 11: NORTH AMERICA ROBOTIC WELDING MARKET, BY COUNTRY, FORECAST YEARS, 2022-2030 (IN $ MILLION)

    TABLE 12: LEADING PLAYERS OPERATING IN NORTH AMERICA ROBOTIC WELDING MARKET

    TABLE 13: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

    TABLE 14: LIST OF PARTNERSHIPS & AGREEMENTS

    TABLE 15: LIST OF BUSINESS EXPANSIONS & DIVESTITURES   

    LIST OF FIGURES

    FIGURE 1: KEY MARKET TRENDS

    FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

    FIGURE 3: OPPORTUNITY MATRIX

    FIGURE 4: VENDOR LANDSCAPE

    FIGURE 5: VALUE CHAIN ANALYSIS

    FIGURE 6: KEY BUYING CRITERIA

    FIGURE 7: NORTH AMERICA ROBOTIC WELDING MARKET, GROWTH POTENTIAL, BY TYPE, IN 2021

    FIGURE 8: NORTH AMERICA ROBOTIC WELDING MARKET, BY ARC, 2022-2030 (IN $ MILLION)

    FIGURE 9: NORTH AMERICA ROBOTIC WELDING MARKET, GROWTH POTENTIAL, BY ARC, IN 2021

    FIGURE 10: NORTH AMERICA ROBOTIC WELDING MARKET, BY MIG, 2022-2030 (IN $ MILLION)

    FIGURE 11: MECHANISM OF MIG TECHNOLOGY IN ROBOTIC WELDING

    FIGURE 12: NORTH AMERICA ROBOTIC WELDING MARKET, BY TIG, 2022-2030 (IN $ MILLION)

    FIGURE 13: MECHANISM OF TIG TECHNOLOGY IN ROBOTIC WELDING

    FIGURE 14: NORTH AMERICA ROBOTIC WELDING MARKET, BY SPOT, 2022-2030 (IN $ MILLION)

    FIGURE 15: NORTH AMERICA ROBOTIC WELDING MARKET, BY PLASMA, 2022-2030 (IN $ MILLION)

    FIGURE 16: NORTH AMERICA ROBOTIC WELDING MARKET, BY LASER, 2022-2030 (IN $ MILLION)

    FIGURE 17: NORTH AMERICA ROBOTIC WELDING MARKET, BY OTHER TYPES, 2022-2030 (IN $ MILLION)

    FIGURE 18: NORTH AMERICA ROBOTIC WELDING MARKET, GROWTH POTENTIAL, BY PAYLOAD CAPACITY, IN 2021

    FIGURE 19: NORTH AMERICA ROBOTIC WELDING MARKET, BY LESS THAN 50KG, 2022-2030 (IN $ MILLION)

    FIGURE 20: NORTH AMERICA ROBOTIC WELDING MARKET, BY 50 TO 150KG, 2022-2030 (IN $ MILLION)

    FIGURE 21: NORTH AMERICA ROBOTIC WELDING MARKET, BY MORE THAN 150KG, 2022-2030 (IN $ MILLION)

    FIGURE 22: NORTH AMERICA ROBOTIC WELDING MARKET, GROWTH POTENTIAL, BY END-USER, IN 2021

    FIGURE 23: NORTH AMERICA ROBOTIC WELDING MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (IN $ MILLION)

    FIGURE 24: NORTH AMERICA ROBOTIC WELDING MARKET, BY ELECTRICAL & ELECTRONICS, 2022-2030 (IN $ MILLION)

    FIGURE 25: NORTH AMERICA ROBOTIC WELDING MARKET, BY METALS & MACHINERY, 2022-2030 (IN $ MILLION)

    FIGURE 26: NORTH AMERICA ROBOTIC WELDING MARKET, BY OTHER END-USERS, 2022-2030 (IN $ MILLION)

    FIGURE 27: NORTH AMERICA ROBOTIC WELDING MARKET, COUNTRY OUTLOOK, 2021 & 2030 (IN %)

    FIGURE 28: UNITED STATES ROBOTIC WELDING MARKET, 2022-2030 (IN $ MILLION)

    FIGURE 29: CANADA ROBOTIC WELDING MARKET, 2022-2030 (IN $ MILLION)       

    1. GEOGRAPHICAL ANALYSIS
      • NORTH AMERICA
        • MARKET SIZE & ESTIMATES
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • UNITED STATES
          • CANADA
    1. MARKET BY TYPE
      • ARC
        • MIG
        • TIG
      • SPOT
      • PLASMA
      • LASER
      • OTHER TYPES
    2. MARKET BY PAYLOAD CAPACITY
      • LESS THAN 50KG
      • 50 TO 150KG
      • MORE THAN 150KG
    3. MARKET BY END-USER
      • AUTOMOTIVE & TRANSPORTATION
      • ELECTRICAL & ELECTRONICS
      • METALS & MACHINERY
      • OTHER END-USERS

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