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Robotics Laser Welding Market Analysis

  • Report ID: GMI7979
  • Published Date: Jan 2024
  • Report Format: PDF

Robotics Laser Welding Market Analysis

Based on End-use, the market is categorized into automotive & transportation, metals & machinery, electrical & electronics, aerospace & defense, and others. In 2023, the automotive & transportation segment accounted for a market share of around 40% and is projected to grow significantly till 2032. The automotive & transportation sector is driving significant growth in the robotics laser welding market. The demand for precise & high-quality welds in the production of lightweight and fuel-efficient vehicles has led to increased adoption of robotics laser welding technology. As automakers prioritize advanced manufacturing processes, the technology's ability to handle complex welding tasks with precision positions it as a crucial component in automotive assembly lines. The efficiency and quality improvements offered by robotics laser welding contribute to its integral role in meeting the evolving demands of the automotive & transportation industry for streamlined and advanced manufacturing solutions.
 

Robotics Laser Welding Market Share, By Component, 2023

Based on component, the market is divided into hardware, software, and service. In 2023, the hardware segment accounted for a market share of over 60%. In the robotics laser welding industry, the hardware component segment is expanding significantly. Improvements in laser technology, such as stronger and more effective laser sources that improve welding accuracy, are driving segment growth. The integration of artificial intelligence and advanced features in robotic hardware has further led to increased automation and efficiency in laser welding processes. The need for specialized sensors, controllers, and robotic arms that are optimized for laser welding applications is also fueling segment growth. The hardware market is crucial in determining the capabilities and extending the uses of robotics laser welding systems as industries are embracing automation.
 

Germany Robotics Laser Welding Market Size, 2021-2032 (USD Million)

Europe dominated the global market with a major share of over 30% in 2023. Europe is witnessing substantial growth in the robotics laser welding market owing to the increasing adoption of the technology in the manufacturing sector and a focus on precision engineering. The region's robust automotive and aerospace industries are embracing laser welding technology for its efficiency in handling complex components. Additionally, the emphasis on sustainability aligns with the energy efficiency of laser welding. Collaborative efforts between research institutions and industry players further contribute to technological advancements, making Europe a key player in the expanding market for robotics laser welding solutions.
 

Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

Industry size for robotics laser welding was USD 1.5 billion in 2023 and is estimated to register over 8.5% CAGR between 2024 and 2032 due to higher adoption for precise and efficient welding applications.

The hardware component segment recorded over 60% of the robotics laser welding industry share in 2023, driven by improvements in laser technology, such as stronger and more effective laser sources that improve welding accuracy.

Europe held over 30% of the global robotics laser welding industry share in 2023 owing to the increasing adoption of various technologies in the manufacturing sector and the strong focus on precision engineering.

Some of the major robotics laser welding companies are ABB Ltd., CLOOS, COMAU S.P.A., Daihen Corporation, EVS TECH CO., LTD, Fanuc Corporation, Kuka AG, Miller Electric Mfg. LLC, and Panasonic Corporation.

Robotics Laser Welding Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 14
  • Tables & Figures: 294
  • Countries covered: 22
  • Pages: 220
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