Robotic Welding Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Robotic Welding Market is segmented By Type (Spot Welding, Arc Welding, Metal Inert Gas (MIG), Tungsten Inert Gas (TIG), Laser Welding), By End Use Industry (Automotive & Transportation, Metals & Machinery, Electrical & Electronics, Aerospace & Defense, Others), By Component (Hardware (Robots, Welding Equipment, Sensors and Vision Systems), Software (Controller and Software, Programming Tools, Simulation Software, Services)), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa). The report offers the value (in USD billion) for the above-mentioned.

Robotic Welding Market is segmented By Type (Spot Welding, Arc Welding, Metal Inert Gas (MIG), Tungsten Inert Gas (TIG), Laser Welding), By End Use In....

Robotic Welding Market Size

Market Size in USD

CAGR10.2%

Study Period	2024 - 2031
Base Year of Estimation	2023
CAGR	10.2%
Market Concentration	Medium
Major Players	Yaskawa Electric Corporation, Kuka AG, ABB Ltd., Panasonic Corporation, Fanuc Corporation

*Disclaimer: Major players are listed in no particular order.

*Source: Coherent Market Insights

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Robotic Welding Market Analysis

The robotic welding market is estimated to be valued at USD 9.49 Bn in 2024 and is expected to reach USD 18.73 Bn by 2031, growing at a compound annual growth rate (CAGR) of 10.2% from 2024 to 2031. The trend in the robotic welding market has been positive over the past few years with major automobile and electronics manufacturers incorporating more automation in their assembly lines using robotic welding solutions.

Robotic Welding Market Report Snapshots

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