Table of Content

1 INTRODUCTION 31
1.1 STUDY OBJECTIVES 31
1.2 MARKET DEFINITION AND SCOPE 31
1.2.1 INCLUSIONS AND EXCLUSIONS 32
1.3 SCOPE 33
FIGURE 1 ROBOTIC WELDING MARKET SEGMENTATION 33
1.3.1 YEARS CONSIDERED 33
1.4 CURRENCY 33
1.5 MARKET STAKEHOLDERS 34
1.6 SUMMARY OF CHANGES 34
2 RESEARCH METHODOLOGY 36
2.1 RESEARCH DATA 36
FIGURE 2 ROBOTIC WELDING MARKET: RESEARCH DESIGN 36
2.1.1 SECONDARY DATA 37
2.1.1.1 List of key secondary sources 37
2.1.1.2 Secondary sources 38
2.1.2 PRIMARY DATA 38
2.1.2.1 Breakdown of primaries 38
2.1.2.2 Key data from primary sources 39
2.1.2.3 Key industry insights 39
2.2 FACTOR ANALYSIS 40
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1–TOP-DOWN (SUPPLY SIDE)?REVENUES GENERATED BY COMPANIES FROM SALES OF WELDING ROBOTS (WITH PERIPHERALS) 40
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1–TOP-DOWN (SUPPLY SIDE)?ILLUSTRATION OF REVENUE ESTIMATIONS FOR ONE COMPANY IN ROBOTIC WELDING MARKET (WITH PERIPHERALS) 41
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2?BOTTOM-UP (DEMAND SIDE)–DEMAND FOR WELDING ROBOTS (WITH PERIPHERALS) 42
2.3 MARKET SIZE ESTIMATION 42
2.3.1 BOTTOM-UP APPROACH 42
2.3.1.1 Approach for obtaining market share using bottom-up analysis (demand side) 42
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 43
2.3.2 TOP-DOWN APPROACH 43
2.3.2.1 Approach for obtaining market share using top-down analysis
(supply side) 43
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 44
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION 44
FIGURE 8 DATA TRIANGULATION 44
2.5 RESEARCH ASSUMPTIONS AND LIMITATIONS 45
2.5.1 ASSUMPTIONS 45
2.5.2 LIMITATIONS 46
3 EXECUTIVE SUMMARY 47
3.1 IMPACT OF COVID-19 ON ROBOTIC WELDING MARKET 48
FIGURE 9 GLOBAL PROPAGATION OF COVID-19 48
TABLE 1 RECOVERY SCENARIOS FOR GLOBAL ECONOMY 49
3.2 REALISTIC SCENARIO 50
3.3 OPTIMISTIC SCENARIO 50
3.4 PESSIMISTIC SCENARIO 50
FIGURE 10 GROWTH PROJECTIONS OF ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN REALISTIC, OPTIMISTIC, AND PESSIMISTIC SCENARIOS 50
FIGURE 11 PRE- AND POST-COVID-19 SCENARIOS OF ROBOTIC WELDING MARKET (WITH PERIPHERALS) 51
FIGURE 12 SPOT WELDING ROBOTS SEGMENT TO HOLD LARGEST SHARE OF ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN 2021 AND 2026 51
FIGURE 13 >150 KILOGRAM PAYLOAD SEGMENT TO ACCOUNT FOR LARGEST SIZE OF ROBOTIC WELDING MARKET (WITH PERIPHERALS) FROM 2021 TO 2026 52
FIGURE 14 AUTOMOTIVE AND TRANSPORTATION SEGMENT OF ROBOTIC WELDING MARKET (WITH PERIPHERALS) TO GROW AT HIGHEST CAGR FROM 2021 TO 2026 52
FIGURE 15 APAC TO LEAD ROBOTIC WELDING MARKET (WITH PERIPHERALS) FROM 2021 TO 2026 53
4 PREMIUM INSIGHTS 54
4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN ROBOTIC WELDING MARKET (WITH PERIPHERALS) 54
FIGURE 16 INCREASING ADOPTION OF DIGITALIZATION, IOT, AND INDUSTRY 4.0 TO FUEL MARKET GROWTH 54
4.2 ROBOTIC WELDING MARKET (WITH PERIPHERALS), BY TYPE AND PAYLOAD 55
FIGURE 17 SPOT WELDING ROBOTS AND >150 KILOGRAM PAYLOAD SEGMENTS TO ACCOUNT FOR LARGEST SHARES OF ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN 2026 55
4.3 ROBOTIC WELDING MARKET (WITH PERIPHERALS), BY END USER 55
FIGURE 18 AUTOMOTIVE AND TRANSPORTATION SEGMENT TO ACCOUNT FOR LARGEST SIZE OF ROBOTIC WELDING MARKET (WITH PERIPHERALS) FROM 2021 TO 2026 55
4.4 ROBOTIC WELDING MARKET (WITH PERIPHERALS), BY REGION 56
FIGURE 19 APAC TO ACCOUNT FOR LARGEST SHARE OF ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN 2021 AND 2026 56
4.5 ROBOTIC WELDING MARKET (WITH PERIPHERALS), BY COUNTRY 56
FIGURE 20 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN CHINA TO GROW AT HIGHEST CAGR FROM 2021 TO 2026 56
5 MARKET OVERVIEW 57
5.1 INTRODUCTION 57
5.2 MARKET DYNAMICS 57
FIGURE 21 ROBOTIC WELDING MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 57
5.2.1 DRIVERS 58
5.2.1.1 Intensifying adoption of Industry 4.0 principles 58
5.2.1.2 Increasing adoption of welding robots in automotive and transportation industries 58
5.2.1.3 Ongoing penetration of 5G in industrial manufacturing 59
FIGURE 22 ROBOTIC WELDING MARKET: DRIVERS AND THEIR IMPACT 60
5.2.2 RESTRAINTS 60
5.2.2.1 Perceived notion of losing jobs due to automation 60
5.2.2.2 High initial costs associated with installation of welding robots for SME 61
FIGURE 23 ROBOTIC WELDING MARKET: RESTRAINTS AND THEIR IMPACT 62
5.2.3 OPPORTUNITIES 62
5.2.3.1 Government initiatives to support digital transformation in APAC 62
5.2.3.2 Emergence of laser and plasma welding technologies 64
FIGURE 24 ROBOTIC WELDING MARKET: OPPORTUNITIES AND THEIR IMPACT 64
5.2.4 CHALLENGES 65
5.2.4.1 Lack of skilled workers for operating welding robots 65
FIGURE 25 ROBOTIC WELDING MARKET: CHALLENGES AND THEIR IMPACT 65
5.3 SUPPLY CHAIN ANALYSIS 66
FIGURE 26 ROBOTIC WELDING SUPPLY CHAIN 66
5.4 TRENDS/DISRUPTIONS IMPACTING BUSINESS OF CUSTOMERS 67
5.4.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR ROBOTIC WELDING MARKET 67
FIGURE 27 REVENUE SHIFT IN ROBOTIC WELDING MARKET 68
5.5 ROBOTIC WELDING ECOSYSTEM 68
FIGURE 28 ROBOTIC WELDING ECOSYSTEM 68
TABLE 2 LIST OF OEMS, SUPPLIERS, AND DISTRIBUTORS OF WELDING ROBOTS 69
5.6 PORTER’S FIVE FORCES MODEL 71
TABLE 3 ROBOTIC WELDING MARKET: PORTER’S FIVE FORCES ANALYSIS 71
FIGURE 29 PORTER’S FIVE FORCES ANALYSIS 71
5.6.1 INTENSITY OF COMPETITIVE RIVALRY 72
5.6.2 BARGAINING POWER OF SUPPLIERS 72
5.6.3 BARGAINING POWER OF BUYERS 72
5.6.4 THREAT OF SUBSTITUTES 73
5.6.5 THREAT OF NEW ENTRANTS 73
5.7 CASE STUDY 73
5.7.1 UNIVERSAL WELDING CELL OFFERED BY ENKO STAUDINGER GMBH HELPED KAUTH GMBH UND CO. KG IN ACHIEVING WELDING FLEXIBILITY 73
5.7.2 INDIANA-BASED CROWN EQUIPMENT REPLACED ITS EXISTING MIG AND STICK WELDING PROCESSES WITH WELDING ROBOTS AND CELLS TO REDUCE PRODUCTION DOWNTIME 74
5.7.3 KAWASAKI MOTORS MANUFACTURING CORP. REDUCED RELIANCE ON MANUAL WELDING USING ARC WELDING ROBOTS 74
5.7.4 MOTION CONTROLS ROBOTICS BUILT A TURNKEY SYSTEM FOR LUK USA LLC 75
5.8 TECHNOLOGY ANALYSIS 75
5.8.1 KEY TECHNOLOGIES 75
5.8.1.1 TIG welding 75
5.8.1.2 MIG welding 76
5.8.1.3 Submerged arc welding 76
5.8.1.4 Friction stir welding 76
5.8.1.5 Explosion welding 76
5.8.2 COMPLEMENTARY TECHNOLOGY 77
5.8.2.1 Penetration of Industrial Internet of Things (IIoT) and AI in industrial manufacturing 77
5.9 AVERAGE SELLING PRICE ANALYSIS 77
TABLE 4 AVERAGE SELLING PRICES OF WELDING ROBOTS (WITHOUT PERIPHERALS) 77
5.10 TRADE ANALYSIS 78
5.10.1 IMPORT SCENARIO 78
TABLE 5 IMPORT DATA, BY COUNTRY, 2016–2020 (USD MILLION) 78
5.10.2 EXPORT SCENARIO 79
TABLE 6 EXPORT DATA, BY COUNTRY, 2016–2020 (USD MILLION) 79
5.11 PATENT ANALYSIS, 2015–2020 79
TABLE 7 TOP 20 PATENT OWNERS IN US FROM 2011 TO 2020 81
FIGURE 30 PATENTS GRANTED WORLDWIDE FROM 2011 TO 2020 82
FIGURE 31 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS FROM 2011 TO 2020 83
5.12 TARIFFS AND REGULATIONS 83
5.12.1 TARIFFS 83
TABLE 8 MFN TARIFFS IMPOSED ON EXPORTS OF INDUSTRIAL ROBOTS BY US 83
TABLE 9 MFN TARIFFS IMPOSED ON EXPORT OF INDUSTRIAL ROBOTS BY CHINA 84
5.12.1.1 Positive impact of tariffs on industrial robot manufacturers 84
5.12.1.2 Negative impact of tariffs on industrial robot manufacturers 84
5.12.2 REGULATORY COMPLIANCE 84
5.12.2.1 Regulations and standards followed in countries of North America 85
5.12.2.2 Regulations and standards followed in countries of Europe 85
5.12.2.3 Regulations and standards followed in countries of APAC 86
6 ROBOTIC WELDING MARKET, BY TYPE 87
6.1 INTRODUCTION 88
FIGURE 32 ROBOTIC WELDING MARKET, BY TYPE 88
FIGURE 33 SPOT WELDING ROBOTS SEGMENT TO ACCOUNT FOR LARGEST SIZE OF ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN 2021 88
TABLE 10 ROBOTIC WELDING MARKET (WITHOUT PERIPHERALS), BY TYPE,
2017–2020 (USD MILLION) 88
TABLE 11 ROBOTIC WELDING MARKET (WITHOUT PERIPHERALS), BY TYPE,
2021–2026 (USD MILLION) 89
TABLE 12 ROBOTIC WELDING MARKET (WITHOUT PERIPHERALS), BY TYPE,
2017–2020 (UNITS) 89
TABLE 13 ROBOTIC WELDING MARKET (WITHOUT PERIPHERALS), BY TYPE,
2021–2026 (UNITS) 89
TABLE 14 ROBOTIC WELDING MARKET (WITH PERIPHERALS), BY TYPE,
2017–2020 (USD MILLION) 89
TABLE 15 ROBOTIC WELDING MARKET (WITH PERIPHERALS), BY TYPE,
2021–2026 (USD MILLION) 90
6.2 ARC WELDING ROBOTS 90
6.2.1 ADOPTION OF ARC WELDING ROBOTS FOR USE IN APPLICATIONS THAT REQUIRE ACCURACY AND HIGH REPEATABILITY 90
FIGURE 34 AUTOMOTIVE AND TRANSPORTATION SEGMENT TO HOLD LARGEST SIZE OF ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN 2021 91
TABLE 16 ROBOTIC ARC WELDING MARKET (WITH PERIPHERALS), BY END USER, 2017–2020 (USD MILLION) 91
TABLE 17 ROBOTIC ARC WELDING MARKET (WITH PERIPHERALS), BY END USER, 2021–2026 (USD MILLION) 92
TABLE 18 ROBOTIC ARC WELDING MARKET (WITH PERIPHERALS), BY REGION,
2017–2020 (USD MILLION) 92
TABLE 19 ROBOTIC ARC WELDING MARKET (WITH PERIPHERALS), BY REGION,
2021–2026 (USD MILLION) 93
6.3 SPOT WELDING ROBOTS 93
6.3.1 DEPLOYMENT OF SPOT WELDING ROBOTS FOR HEAVY-DUTY APPLICATIONS IN DIFFERENT INDUSTRIES 93
TABLE 20 ROBOTIC SPOT WELDING MARKET (WITH PERIPHERALS), BY END USER, 2017–2020 (USD MILLION) 93
TABLE 21 ROBOTIC SPOT WELDING MARKET (WITH PERIPHERALS), BY END USER, 2021–2026 (USD MILLION) 94
TABLE 22 ROBOTIC SPOT WELDING MARKET (WITH PERIPHERALS), BY REGION,
2017–2020 (USD MILLION) 94
TABLE 23 ROBOTIC SPOT WELDING MARKET (WITH PERIPHERALS), BY REGION,
2021–2026 (USD MILLION) 94
6.4 OTHERS 95
FIGURE 35 AEROSPACE AND DEFENSE SEGMENT OF OTHER ROBOTIC WELDING MARKET (WITH PERIPHERALS) TO GROW AT HIGHEST CAGR FROM 2021 TO 2026 95
TABLE 24 OTHER ROBOTIC WELDING MARKET (WITH PERIPHERALS), BY END USER, 2017–2020 (USD MILLION) 96
TABLE 25 OTHER ROBOTIC WELDING MARKET (WITH PERIPHERALS), BY END USER, 2021–2026 (USD MILLION) 96
TABLE 26 OTHER ROBOTIC WELDING MARKET (WITH PERIPHERALS), BY REGION, 2017–2020 (USD MILLION) 96
TABLE 27 OTHER ROBOTIC WELDING MARKET (WITH PERIPHERALS), BY REGION, 2021–2026 (USD MILLION) 97
7 ROBOTIC WELDING MARKET, BY PAYLOAD 98
7.1 INTRODUCTION 99
FIGURE 36 ROBOTIC WELDING MARKET, BY PAYLOAD 99
FIGURE 37 >150 KILOGRAM PAYLOAD SEGMENT TO ACCOUNT FOR LARGEST SIZE OF ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN 2021 99
TABLE 28 ROBOTIC WELDING MARKET (WITHOUT PERIPHERALS), BY PAYLOAD, 2017–2020 (USD MILLION) 99
TABLE 29 ROBOTIC WELDING MARKET (WITHOUT PERIPHERALS), BY PAYLOAD,
2021–2026 (USD MILLION) 100
TABLE 30 ROBOTIC WELDING MARKET (WITH PERIPHERALS), BY PAYLOAD,
2017–2020 (USD MILLION) 100
TABLE 31 ROBOTIC WELDING MARKET (WITH PERIPHERALS), BY PAYLOAD,
2021–2026 (USD MILLION) 100
7.2 <50 KILOGRAM PAYLOAD 101
7.2.1 USE OF <50 KILOGRAM PAYLOAD WELDING ROBOTS IN LIGHT AND HIGHLY PRECISE APPLICATIONS 101
TABLE 32 ROBOTIC WELDING MARKET (WITH PERIPHERALS) FOR <50 KILOGRAM PAYLOAD, BY REGION, 2017–2020 (USD MILLION) 101
TABLE 33 ROBOTIC WELDING MARKET (WITH PERIPHERALS) FOR <50 KILOGRAM PAYLOAD, BY REGION, 2021–2026 (USD MILLION) 101
7.3 50–150 KILOGRAM PAYLOAD 102
7.3.1 50–150 KILOGRAM PAYLOAD SEGMENT OF ROBOTIC WELDING MARKET (WITH PERIPHERALS) TO GROW AT HIGHEST CAGR FROM 2021 TO 2026 102
TABLE 34 ROBOTIC WELDING MARKET (WITH PERIPHERALS) FOR 50–150 KILOGRAM PAYLOAD, BY REGION, 2017–2020 (USD MILLION) 102
TABLE 35 ROBOTIC WELDING MARKET (WITH PERIPHERALS) FOR 50–150 KILOGRAM PAYLOAD, BY REGION, 2021–2026 (USD MILLION) 102
7.4 >150 KILOGRAM PAYLOAD 103
7.4.1 >150 KILOGRAM PAYLOAD SEGMENT TO HOLD LARGEST SHARE OF ROBOTIC WELDING MARKET (WITH PERIPHERALS) FROM 2021 TO 2026 103
FIGURE 38 APAC TO LEAD ROBOTIC WELDING MARKET (WITH PERIPHERALS) FOR >150 KILOGRAM PAYLOAD FROM 2021 TO 2026 103
TABLE 36 ROBOTIC WELDING MARKET (WITH PERIPHERALS) FOR >150 KILOGRAM PAYLOAD, BY REGION, 2017–2020 (USD MILLION) 103
TABLE 37 ROBOTIC WELDING MARKET (WITH PERIPHERALS) FOR >150 KILOGRAM PAYLOAD, BY REGION, 2021–2026 (USD MILLION) 104
8 ROBOTIC WELDING MARKET, BY END USER 105
8.1 INTRODUCTION 106
FIGURE 39 ROBOTIC WELDING MARKET, BY END USER 106
FIGURE 40 AUTOMOTIVE AND TRANSPORTATION SEGMENT TO LEAD ROBOTIC WELDING MARKET (WITH PERIPHERALS) FROM 2021 TO 2026 106
TABLE 38 ROBOTIC WELDING MARKET (WITHOUT PERIPHERALS), BY END USER,
2017–2020 (USD MILLION) 107
TABLE 39 ROBOTIC WELDING MARKET (WITHOUT PERIPHERALS), BY END USER,
2021–2026 (USD MILLION) 107
TABLE 40 ROBOTIC WELDING MARKET (WITHOUT PERIPHERALS), BY END USER,
2017–2020 (UNITS) 107
TABLE 41 ROBOTIC WELDING MARKET (WITHOUT PERIPHERALS), BY END USER,
2021–2026 (UNITS) 108
TABLE 42 ROBOTIC WELDING MARKET (WITH PERIPHERALS), BY END USER,
2017–2020 (USD MILLION) 108
TABLE 43 ROBOTIC WELDING MARKET (WITH PERIPHERALS), BY END USER,
2021–2026 (USD MILLION) 108
8.2 AUTOMOTIVE AND TRANSPORTATION 109
8.2.1 AUTOMOTIVE AND TRANSPORTATION INDUSTRY TO BE LARGEST END USER OF WELDING ROBOTS 109
TABLE 44 ROBOTIC WELDING MARKET (WITH PERIPHERALS) FOR AUTOMOTIVE AND TRANSPORTATION, BY TYPE, 2017–2020 (USD MILLION) 109
TABLE 45 ROBOTIC WELDING MARKET (WITH PERIPHERALS) FOR AUTOMOTIVE AND TRANSPORTATION, BY TYPE, 2021–2026 (USD MILLION) 110
TABLE 46 ROBOTIC WELDING MARKET (WITH PERIPHERALS) FOR AUTOMOTIVE AND TRANSPORTATION, BY REGION, 2017–2020 (USD MILLION) 110
TABLE 47 ROBOTIC WELDING MARKET (WITH PERIPHERALS) FOR AUTOMOTIVE AND TRANSPORTATION, BY REGION, 2021–2026 (USD MILLION) 110
FIGURE 41 APAC TO LEAD ROBOTIC WELDING MARKET (WITHOUT PERIPHERALS) FOR AUTOMOTIVE AND TRANSPORTATION FROM 2021 TO 2026 111
TABLE 48 ROBOTIC WELDING MARKET (WITHOUT PERIPHERALS) FOR AUTOMOTIVE AND TRANSPORTATION, BY REGION, 2017–2020 (UNITS) 111
TABLE 49 ROBOTIC WELDING MARKET (WITHOUT PERIPHERALS) FOR AUTOMOTIVE AND TRANSPORTATION, BY REGION, 2021–2026 (UNITS) 111
8.3 METALS AND MACHINERY 112
8.3.1 WELDING ROBOTS ENHANCE PRODUCTIVITY OF METALS AND MACHINERY INDUSTRY AND HELP ACHIEVE MARKED GAINS IN TERMS OF TIME-TO-MARKET AND COST METRICS 112
TABLE 50 ROBOTIC WELDING MARKET (WITH PERIPHERALS) FOR METALS AND MACHINERY, BY TYPE, 2017–2020 (USD MILLION) 112
TABLE 51 ROBOTIC WELDING MARKET (WITH PERIPHERALS) FOR METALS AND MACHINERY, BY TYPE, 2021–2026 (USD MILLION) 112
TABLE 52 ROBOTIC WELDING MARKET (WITH PERIPHERALS) FOR METALS AND MACHINERY, BY REGION, 2017–2020 (USD MILLION) 113
TABLE 53 ROBOTIC WELDING MARKET (WITH PERIPHERALS) FOR METALS AND MACHINERY, BY REGION, 2021–2026 (USD MILLION) 113
TABLE 54 ROBOTIC WELDING MARKET (WITHOUT PERIPHERALS) FOR METALS AND MACHINERY, BY REGION, 2017–2020 (UNITS) 113
TABLE 55 ROBOTIC WELDING MARKET (WITHOUT PERIPHERALS) FOR METALS AND MACHINERY, BY REGION, 2021–2026 (UNITS) 114
8.4 ELECTRICAL AND ELECTRONICS 114
8.4.1 MINIATURIZATION OF ELECTRONIC DEVICES DRIVES DEMAND FOR ROBOTIC WELDING SOLUTIONS IN ELECTRICAL AND ELECTRONICS INDUSTRY 114
TABLE 56 ROBOTIC WELDING MARKET (WITH PERIPHERALS) FOR ELECTRICAL AND ELECTRONICS, BY TYPE, 2017–2020 (USD MILLION) 114
TABLE 57 ROBOTIC WELDING MARKET (WITH PERIPHERALS) FOR ELECTRICAL AND ELECTRONICS, BY TYPE, 2021–2026 (USD MILLION) 115
FIGURE 42 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN APAC PROJECTED TO GROW AT HIGHEST CAGR FROM 2021 TO 2026 115
TABLE 58 ROBOTIC WELDING MARKET (WITH PERIPHERALS) FOR ELECTRICAL AND ELECTRONICS, BY REGION, 2017–2020 (USD MILLION) 115
TABLE 59 ROBOTIC WELDING MARKET (WITH PERIPHERALS) FOR ELECTRICAL AND ELECTRONICS, BY REGION, 2021–2026 (USD MILLION) 116
TABLE 60 ROBOTIC WELDING MARKET (WITHOUT PERIPHERALS) FOR ELECTRICAL AND ELECTRONICS, BY REGION, 2017–2020 (UNITS) 116
TABLE 61 ROBOTIC WELDING MARKET (WITHOUT PERIPHERALS) FOR ELECTRICAL AND ELECTRONICS, BY REGION, 2021–2026 (UNITS) 116
8.5 AEROSPACE AND DEFENSE 117
8.5.1 ROBOTIC WELDING LOWERS MANUFACTURING COSTS AND IMPROVES PRODUCT QUALITY IN AEROSPACE AND DEFENSE INDUSTRY 117
FIGURE 43 SPOT WELDING ROBOTS SEGMENT TO ACCOUNT FOR LARGEST SIZE OF ROBOTIC WELDING MARKET (WITH PERIPHERALS) FOR AEROSPACE AND DEFENSE FROM 2021 TO 2026 117
TABLE 62 ROBOTIC WELDING MARKET (WITH PERIPHERALS) FOR AEROSPACE AND DEFENSE, BY TYPE, 2017–2020 (USD MILLION) 118
TABLE 63 ROBOTIC WELDING MARKET (WITH PERIPHERALS) FOR AEROSPACE AND DEFENSE, BY TYPE, 2021–2026 (USD MILLION) 118
TABLE 64 ROBOTIC WELDING MARKET (WITH PERIPHERALS) FOR AEROSPACE AND DEFENSE, BY REGION, 2017–2020 (USD MILLION) 118
TABLE 65 ROBOTIC WELDING MARKET (WITH PERIPHERALS) FOR AEROSPACE AND DEFENSE, BY REGION, 2021–2026 (USD MILLION) 119
TABLE 66 ROBOTIC WELDING MARKET (WITHOUT PERIPHERALS) FOR AEROSPACE AND DEFENSE, BY REGION, 2017–2020 (UNITS) 119
TABLE 67 ROBOTIC WELDING MARKET (WITHOUT PERIPHERALS) FOR AEROSPACE AND DEFENSE, BY REGION, 2021–2026 (UNITS) 119
8.6 OTHERS 120
TABLE 68 ROBOTIC WELDING MARKET (WITH PERIPHERALS) FOR OTHER END USERS, BY TYPE, 2017–2020 (USD MILLION) 120
TABLE 69 ROBOTIC WELDING MARKET (WITH PERIPHERALS) FOR OTHER END USERS, BY TYPE, 2021–2026 (USD MILLION) 120
TABLE 70 ROBOTIC WELDING MARKET (WITH PERIPHERALS) FOR OTHER END USERS, BY REGION, 2017–2020 (USD MILLION) 120
TABLE 71 ROBOTIC WELDING MARKET (WITH PERIPHERALS) FOR OTHER END USERS, BY REGION, 2021–2026 (USD MILLION) 121
TABLE 72 ROBOTIC WELDING MARKET (WITHOUT PERIPHERALS) FOR OTHER END USERS, BY REGION, 2017–2020 (UNITS) 121
TABLE 73 ROBOTIC WELDING MARKET (WITHOUT PERIPHERALS) FOR OTHER END USERS, BY REGION, 2021–2026 (UNITS) 121
9 GEOGRAPHIC ANALYSIS 122
9.1 INTRODUCTION 123
FIGURE 44 ROBOTIC WELDING MARKET, BY REGION 123
FIGURE 45 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN APAC TO GROW AT HIGHEST CAGR FROM 2021 TO 2026 123
TABLE 74 ROBOTIC WELDING MARKET (WITHOUT PERIPHERALS), BY REGION,
2017–2020 (USD MILLION) 124
TABLE 75 ROBOTIC WELDING MARKET (WITHOUT PERIPHERALS), BY REGION,
2021–2026 (USD MILLION) 124
TABLE 76 ROBOTIC WELDING MARKET (WITHOUT PERIPHERALS), BY REGION,
2017–2020 (UNITS) 124
TABLE 77 ROBOTIC WELDING MARKET (WITHOUT PERIPHERALS), BY REGION,
2021–2026 (UNITS) 124
TABLE 78 ROBOTIC WELDING MARKET (WITH PERIPHERALS), BY REGION,
2017–2020 (USD MILLION) 125
TABLE 79 ROBOTIC WELDING MARKET (WITH PERIPHERALS), BY REGION,
2021–2026 (USD MILLION) 125
9.2 NORTH AMERICA 126
FIGURE 46 SNAPSHOT: ROBOTIC WELDING MARKET IN NORTH AMERICA 126
TABLE 80 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN NORTH AMERICA,
BY TYPE, 2017–2020 (USD MILLION) 126
TABLE 81 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN NORTH AMERICA,
BY TYPE, 2021–2026 (USD MILLION) 127
TABLE 82 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN NORTH AMERICA,
BY PAYLOAD, 2017–2020 (USD MILLION) 127
TABLE 83 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN NORTH AMERICA,
BY PAYLOAD, 2021–2026 (USD MILLION) 127
TABLE 84 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN NORTH AMERICA,
BY END USER, 2017–2020 (USD MILLION) 127
TABLE 85 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN NORTH AMERICA, BY END USER, 2021–2026 (USD MILLION) 128
TABLE 86 ROBOTIC WELDING MARKET (WITHOUT PERIPHERALS) IN NORTH AMERICA, BY END USER, 2017–2020 (UNITS) 128
TABLE 87 ROBOTIC WELDING MARKET (WITHOUT PERIPHERALS) IN NORTH AMERICA, BY END USER, 2021–2026 (UNITS) 128
TABLE 88 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN NORTH AMERICA,
BY COUNTRY, 2017–2020 (USD MILLION) 129
TABLE 89 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN NORTH AMERICA,
BY COUNTRY, 2021–2026 (USD MILLION) 129
TABLE 90 ROBOTIC WELDING MARKET (WITHOUT PERIPHERALS) IN NORTH AMERICA, BY COUNTRY, 2017–2020 (UNITS) 129
TABLE 91 ROBOTIC WELDING MARKET (WITHOUT PERIPHERALS) IN NORTH AMERICA, BY COUNTRY, 2021–2026 (UNITS) 129
9.2.1 US 130
9.2.1.1 US to lead robotic welding market (with peripherals) in North America from 2021 to 2026 130
TABLE 92 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN US, BY TYPE,
2017–2020 (USD MILLION) 130
TABLE 93 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN US, BY TYPE,
2021–2026 (USD MILLION) 130
9.2.2 CANADA 131
9.2.2.1 Growth of manufacturing sector in Canada to drive adoption of welding robots in country 131
TABLE 94 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN CANADA, BY TYPE, 2017–2020 (USD MILLION) 131
TABLE 95 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN CANADA, BY TYPE, 2021–2026 (USD MILLION) 131
9.2.3 MEXICO 132
9.2.3.1 Large automobile exports from Mexico under NAFTA contribute to rising demand for welding robots in country 132
TABLE 96 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN MEXICO, BY TYPE, 2017–2020 (USD MILLION) 132
TABLE 97 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN MEXICO, BY TYPE, 2021–2026 (USD MILLION) 132
9.3 EUROPE 133
FIGURE 47 SNAPSHOT: ROBOTIC WELDING MARKET IN EUROPE 133
TABLE 98 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN EUROPE, BY TYPE, 2017–2020 (USD MILLION) 134
TABLE 99 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN EUROPE, BY TYPE, 2021–2026 (USD MILLION) 134
TABLE 100 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN EUROPE, BY PAYLOAD, 2017–2020 (USD MILLION) 134
TABLE 101 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN EUROPE, BY PAYLOAD, 2021–2026 (USD MILLION) 134
TABLE 102 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN EUROPE, BY END USER, 2017–2020 (USD MILLION) 135
TABLE 103 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN EUROPE, BY END USER, 2021–2026 (USD MILLION) 135
TABLE 104 ROBOTIC WELDING MARKET (WITHOUT PERIPHERALS) IN EUROPE, BY END USER, 2017–2020 (UNITS) 135
TABLE 105 ROBOTIC WELDING MARKET (WITHOUT PERIPHERALS) IN EUROPE, BY END USER, 2021–2026 (UNITS) 136
FIGURE 48 GERMANY TO ACCOUNT FOR LARGEST SIZE OF ROBOTIC WELDING MARKET (WITH PERIPHERALS) FROM 2021 TO 2026 136
TABLE 106 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN EUROPE, BY COUNTRY, 2017–2020 (USD MILLION) 136
TABLE 107 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN EUROPE, BY COUNTRY, 2021–2026 (USD MILLION) 137
TABLE 108 ROBOTIC WELDING MARKET (WITHOUT PERIPHERALS) IN EUROPE,
BY COUNTRY, 2017–2020 (UNITS) 137
TABLE 109 ROBOTIC WELDING MARKET (WITHOUT PERIPHERALS) IN EUROPE,
BY COUNTRY, 2021–2026 (UNITS) 138
9.3.1 UK 138
9.3.1.1 Robotic welding market (with peripherals) in UK to grow at highest CAGR from 2021 to 2026 138
TABLE 110 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN UK, BY TYPE,
2017–2020 (USD MILLION) 138
TABLE 111 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN UK, BY TYPE,
2021–2026 (USD MILLION) 139
9.3.2 FRANCE 139
9.3.2.1 Aerospace and defense industry and government initiatives to support growth of robotic welding market (with peripherals) in France 139
TABLE 112 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN FRANCE, BY TYPE, 2017–2020 (USD MILLION) 139
TABLE 113 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN FRANCE, BY TYPE, 2021–2026 (USD MILLION) 140
9.3.3 GERMANY 140
9.3.3.1 Automotive and transportation industry to spur growth of robotic welding market (with peripherals) in Germany 140
TABLE 114 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN GERMANY, BY TYPE, 2017–2020 (USD MILLION) 140
TABLE 115 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN GERMANY, BY TYPE, 2021–2026 (USD MILLION) 141
9.3.4 SPAIN 141
9.3.4.1 Risen demand for arc and spot welding robots in automotive and transportation industry to propel market growth in Spain 141
TABLE 116 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN SPAIN, BY TYPE,
2017–2020 (USD MILLION) 141
TABLE 117 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN SPAIN, BY TYPE,
2021–2026 (USD MILLION) 141
9.3.5 ITALY 142
9.3.5.1 Italy witnesses highest production of automobiles in Europe, leading to growth of robotic welding market (with peripherals) in country 142
TABLE 118 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN ITALY, BY TYPE,
2017–2020 (USD MILLION) 142
TABLE 119 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN ITALY, BY TYPE,
2021–2026 (USD MILLION) 142
9.3.6 REST OF EUROPE 143
TABLE 120 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN REST OF EUROPE,
BY TYPE, 2017–2020 (USD MILLION) 143
TABLE 121 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN REST OF EUROPE,
BY TYPE, 2021–2026 (USD MILLION) 143
9.4 APAC 143
FIGURE 49 SNAPSHOT: ROBOTIC WELDING MARKET IN APAC 144
TABLE 122 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN APAC, BY TYPE,
2017–2020 (USD MILLION) 144
TABLE 123 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN APAC, BY TYPE,
2021–2026 (USD MILLION) 145
TABLE 124 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN APAC, BY PAYLOAD, 2017–2020 (USD MILLION) 145
TABLE 125 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN APAC, BY PAYLOAD, 2021–2026 (USD MILLION) 145
TABLE 126 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN APAC, BY END USER, 2017–2020 (USD MILLION) 145
TABLE 127 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN APAC, BY END USER, 2021–2026 (USD MILLION) 146
TABLE 128 ROBOTIC WELDING MARKET (WITHOUT PERIPHERALS) IN APAC, BY END USER, 2017–2020 (UNITS) 146
TABLE 129 ROBOTIC WELDING MARKET (WITHOUT PERIPHERALS) IN APAC, BY END USER, 2021–2026 (UNITS) 146
FIGURE 50 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN CHINA TO GROW AT HIGHEST CAGR FROM 2021 TO 2026 147
TABLE 130 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN APAC, BY COUNTRY, 2017–2020 (USD MILLION) 147
TABLE 131 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN APAC, BY COUNTRY, 2021–2026 (USD MILLION) 147
TABLE 132 ROBOTIC WELDING MARKET (WITHOUT PERIPHERALS) IN APAC, BY COUNTRY, 2017–2020 (UNITS) 148
TABLE 133 ROBOTIC WELDING MARKET (WITHOUT PERIPHERALS) IN APAC, BY COUNTRY, 2021–2026 (UNITS) 148
9.4.1 CHINA 149
9.4.1.1 China to lead robotic welding market (with peripherals) from
2021 to 2026 149
TABLE 134 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN CHINA, BY TYPE,
2017–2020 (USD MILLION) 149
TABLE 135 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN CHINA, BY TYPE,
2021–2026 (USD MILLION) 149
9.4.2 JAPAN 149
9.4.2.1 Emergence of Japan as predominant industrial robot manufacturer in world 149
TABLE 136 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN JAPAN, BY TYPE,
2017–2020 (USD MILLION) 150
TABLE 137 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN JAPAN, BY TYPE,
2021–2026 (USD MILLION) 150
9.4.3 INDIA 150
9.4.3.1 Strict adherence to quality standards, along with rising costs of skilled labor, urge companies in India to invest in robotics and automation 150
TABLE 138 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN INDIA, BY TYPE,
2017–2020 (USD MILLION) 151
TABLE 139 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN INDIA, BY TYPE,
2021–2026 (USD MILLION) 151
9.4.4 SOUTH KOREA 151
9.4.4.1 Electrical and electronics industry in South Korea to fuel growth of robotic welding market (with peripherals) 151
TABLE 140 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN SOUTH KOREA, BY TYPE, 2017–2020 (USD MILLION) 152
TABLE 141 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN SOUTH KOREA, BY TYPE, 2021–2026 (USD MILLION) 152
9.4.5 TAIWAN 152
9.4.5.1 Large industrial base in Taiwan drives growth of robotic welding market (with peripherals) in country 152
TABLE 142 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN TAIWAN, BY TYPE, 2017–2020 (USD MILLION) 152
TABLE 143 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN TAIWAN, BY TYPE, 2021–2026 (USD MILLION) 153
9.4.6 REST OF APAC 153
TABLE 144 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN REST OF APAC, BY TYPE, 2017–2020 (USD MILLION) 153
TABLE 145 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN REST OF APAC, BY TYPE, 2021–2026 (USD MILLION) 153
9.5 ROW 154
TABLE 146 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN ROW, BY TYPE,
2017–2020 (USD MILLION) 154
TABLE 147 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN ROW, BY TYPE,
2021–2026 (USD MILLION) 154
TABLE 148 ROBOTIC WELDING MARKET (WITH PERIPHERALS) IN R