North America Robotic Welding Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Spot Welding, Arc Welding, and Others), Payload (Less Than 50 Kg, 50-150 Kg, and More Than 150 Kg), and End-User (Automotive and Transportation, Electrical and Electronics, Metal and Machinery, Construction, and Others)
The robotic welding market in North America is expected to grow from US$ 516.73 million in 2021 to US$ 1,488.11 million by 2028; it is estimated to grow at a CAGR of 16.3% from 2021 to 2028.
Automation has improved the industrial sector drastically. It has changed the way of production and reduced the manufacturing time and the production cost owing to which welding robot manufacturers are shifting toward networked and intelligent production of Industry 4.0-compatible robots. Additionally, the robotic welding market players have adopted various strategic initiatives toward advanced Industry 4.0-ready solutions. For instance, in October 2020, Fujitsu; FANUC Corporation; and NTT Communications established DUCNET Co., Ltd. to offer a cloud service for supporting digital transformation (DX) in the machine tool industry and the broader manufacturing industry. However, the rising need for automation across industries and significant technological growth are expected to fuel the demand for robotic welding, which is further anticipated to drive the robotic welding market in North America.
The robotics ecosystem players in North America faced several critical challenges due to the COVID-19 pandemic, such as manufacturing facilities and robotics system integrators operating with a limited workforce or shutdown of these facilities and the supply chain disruptions of raw material and components. Further, owing to the less demand from end users, the deployment of industrial robotics, including robotic welding, witnessed reduced deployment numbers in 2020. However, according to the Association for Advancing Automation from Q1 of 2021, procurement of robotics was 86% higher than metal manufacturers, 72% higher than life sciences, pharmaceuticals, and biomed manufacturers, 32% higher than food & consumer goods manufacturers, and 12% higher than other nonautomotive manufacturers compared to Q1 of 2020 in North America. Due to the growing inclination to automation by nonautomotive manufacturers, the demand for industrial robotics, including robotic welding, gained positive momentum from 2021.
North America Robotic Welding Market Revenue and Forecast to 2028 (US$ Million)
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North America Robotic Welding Market Segmentation
North America Robotic Welding Market – By Type
- Spot Welding
- Arc Welding
- Others
North America Robotic Welding Market – By Payload
- Less than 50 Kg
- 50 KG -150 Kg
- More than 150 Kg
North America Robotic Welding Market – By End-User
- Automotive & Transportation
- Electrical & Electronics
- Metals & Machinery
- Construction
- Others
- The US
- Canada
- Mexico
North America Robotic Welding Market-Companies Mentioned
- ABB
- Fanuc Corporation
- Kawasaki Heavy Industries, Ltd.
- Kuka AG
- NACHI FUJIKOSHI CORP
- NOVARC TECHNOLOGY
- OTC DAIHEN
- Panasonic Corporation
- Yaskawa Electric Corporation
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Robotic Welding Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. North America Robotic Welding Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Industrial 4.0 to Drive Demand for Industrial Robots
5.1.2 Increasing Adoption of Welding Robots in the Automotive Industry
5.2 Market Restraints
5.2.1 High Initial Costs Associated with The Installation of Welding Robots
5.3 Future Trends
5.3.1 The Emergence of Laser And Plasma Welding Technologies
5.4 Impact Analysis of Drivers and Restraints
6. Robotic Welding Market – North America Analysis
6.1 North America Robotic Welding Market Overview
6.2 North America Robotic Welding Market Revenue and Forecast to 2028 (US$ Million)
7. North America Robotic Welding Market Analysis – by Type
7.1 Overview
7.2 North America Robotic Welding Market Breakdown, by Type (2020 and 2028)
7.3 Spot Welding
7.3.1 Overview
7.3.2 Spot Welding: North America Robotic Welding Market Revenue and Forecast to 2028 (US$ Million)
7.4 Arc Welding
7.4.1 Overview
7.4.2 Arc Welding: North America Robotic Welding Market Revenue and Forecast to 2028 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others: North America Robotic Welding Market Revenue and Forecast to 2028 (US$ Million)
8. North America Robotic Welding Market Analysis – by Payload
8.1 Overview
8.2 North America Robotic Welding Market, by Payload (2020 and 2028)
8.3 Less than 50kg
8.3.1 Overview
8.3.2 Less than 50kg: North America Robotic Welding Market – Revenue and Forecast to 2028 (US$ Million)
8.4kg-150kg
8.4.1 Overview
8.4.2kg-150kg: North America Robotic Welding Market – Revenue and Forecast to 2028 (US$ Million)
8.5 More than 150kg
8.5.1 Overview
8.5.2 More than 150kg: North America Robotic Welding Market – Revenue and Forecast to 2028 (US$ Million)
9. North America Robotic Welding Market Analysis – by End-User
9.1 Overview
9.2 North America Robotic Welding Market, by End-User (2020 and 2028)
9.3 Automotive and Transportation
9.3.1 Overview
9.3.2 Automotive and Transportation: North America Robotic Welding Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Electrical and Electronics
9.4.1 Overview
9.4.2 Electrical and Electronics: North America Robotic Welding Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Metal and Machinery
9.5.1 Overview
9.5.2 Metal and Machinery: North America Robotic Welding Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Construction
9.6.1 Overview
9.6.2 Construction: North America Robotic Welding Market – Revenue and Forecast to 2028 (US$ Million)
9.7 Others
9.7.1 Overview
9.7.2 Others: North America Robotic Welding Market – Revenue and Forecast to 2028 (US$ Million)
10. North America Robotic Welding Market – Country Analysis
10.1 Overview
10.1.1 North America: Robotic Welding Market, by Key Country
10.1.1.1 US: Robotic Welding Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 US: Robotic Welding Market, by Type
10.1.1.1.2 US: Robotic Welding Market, by Payload
10.1.1.1.3 US: Robotic Welding Market, by End-User
10.1.1.2 Canada: Robotic Welding Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Canada: Robotic Welding Market, by Type
10.1.1.2.2 Canada: Robotic Welding Market, by Payload
10.1.1.2.3 Canada: Robotic Welding Market, by End-User
10.1.1.3 Mexico: Robotic Welding Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Mexico: Robotic Welding Market, by Type
10.1.1.3.2 Mexico: Robotic Welding Market, by Payload
10.1.1.3.3 Mexico: Robotic Welding Market, by End-User
11. Impact of COVID-19 Pandemic on North America Welding Robotic Market
11.1 North America: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
13. Company Profiles
13.1 Panasonic Corporation
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Yaskawa Electric Corporation
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 ABB
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Fanuc Corporation
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Kawasaki Heavy Industries, Ltd.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Kuka AG
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 NACHI FUJIKOSHI CORP
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 NOVARC TECHNOLOGY
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 OTC DAIHEN
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
14. Appendix
14.1 About the Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. North America Robotic Welding Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. US: Robotic Welding Market, by Type –Revenue and Forecast to 2028 (US$ Million)
Table 3. US: Robotic Welding Market, by Payload –Revenue and Forecast to 2028 (US$ Million)
Table 4. US: Robotic Welding Market, by End-User –Revenue and Forecast to 2028 (US$ Million)
Table 5. Canada: Robotic Welding Market, by Type –Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada: Robotic Welding Market, by Payload –Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada: Robotic Welding Market, by End-User –Revenue and Forecast to 2028 (US$ Million)
Table 8. Mexico: Robotic Welding Market, by Type –Revenue and Forecast to 2028 (US$ Million)
Table 9. Mexico: Robotic Welding Market, by Payload –Revenue and Forecast to 2028 (US$ Million)
Table 10. Mexico: Robotic Welding Market, by End-User –Revenue and Forecast to 2028 (US$ Million)
Table 11. List of Abbreviation
LIST OF FIGURES
Figure 1. North America Robotic Welding Market Segmentation
Figure 2. North America Robotic Welding Market Segmentation – By Country
Figure 3. North America Robotic Welding Market Overview
Figure 4. Spot Welding Segment held the largest share in 2020
Figure 5.kg-150kg segment held the largest share in 2020
Figure 6. Automotive and Transportation Segment held the largest share in 2020
Figure 7. US held the largest share in 2020
Figure 8. North America: PEST Analysis
Figure 9. Expert Opinion
Figure 10. North America Robotic Welding Market: Impact Analysis of Drivers and Restraints
Figure 11. North America Robotic Welding Market Revenue and Forecast to 2028 (US$ Million)
Figure 12. North America Robotic Welding Market Revenue Share, by Type (2020 and 2028)
Figure 13. Spot Welding: North America Robotic Welding Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. Arc Welding: North America Robotic Welding Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Others: North America Robotic Welding Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. North America Robotic Welding Market Revenue Share, by Payload (2020 and 2028)
Figure 17. Less than 50kg: North America Robotic Welding Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18.kg-150kg: North America Robotic Welding Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. More than 150kg: North America Robotic Welding Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. North America Robotic Welding Market Revenue Share, by End-User (2020 and 2028)
Figure 21. Automotive and Transportation: North America Robotic Welding Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Electrical and Electronics: North America Robotic Welding Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Metal and Machinery: North America Robotic Welding Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Construction: North America Robotic Welding Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Others: North America Robotic Welding Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. North America: Robotic Welding Market, by key Country– Revenue (2020) (US$ Million)
Figure 27. North America: Robotic Welding Market Revenue Share, by Key Country (2020 and 2028)
Figure 28. US: Robotic Welding Market – Revenue Forecast to 2028 (US$ Million)
Figure 29. Canada: Robotic Welding Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Mexico: Robotic Welding Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Impact of COVID-19 Pandemic in North American Country Markets
- ABB
- Fanuc Corporation
- Kawasaki Heavy Industries, Ltd.
- Kuka AG
- NACHI FUJIKOSHI CORP
- NOVARC TECHNOLOGY
- OTC DAIHEN
- Panasonic Corporation
- Yaskawa Electric Corporation
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America Robotic Welding Market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the North America Robotic Welding Market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the Robotic Welding Market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution