Market Overview:
The global robotic welding torch market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for robotics in various industries, such as equipment manufacturing, automobile industry, and others. In addition, the growing demand for water cooled and air cooled robotic welding torches is also contributing to the growth of this market.
Product Definition:
A robotic welding torch is a device that is used to weld metal together using a welding process. The importance of robotic welding torches is that they allow for the automation of the welding process, which can lead to increased efficiency and productivity.
Water Cooled:
Water-cooled Torches are used in applications that require high heat output and thermal stability. These devices can be used with AC or DC power sources, making them a versatile option for welding applications across multiple industries. The water-cooled device offers advantages such as reduced emission of toxic gases, improved efficiency & consistency along with higher heat transfer coefficient (HTC).
Air Cooled:
The air-cooled welding torch is a device used for heating and welding processes. It works on the principle of compressed air or nitrogen being passed through the torch body, which generates heat by contact with oxygen or other fuels. Air-cooled welders are primarily used in industrial applications such as shipbuilding, bridge construction, heavy equipment repair & fabrication and others where high volume production is required at a faster rate with less wastage of materials.
Application Insights:
Equipment manufacturing was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. Robotic welding equipment has been witnessing a significant increase in demand from various industries including construction, shipbuilding, mining and metalworking for manufacturing equipment such as aerial platforms, cranes and silos. The demand for these types of robotic systems is anticipated to witness growth owing to their ability to produce high-precision joints with minimal human intervention.
Automobile industry emerged as one of the major applications segmented within equipment manufacturing sector in 2018 owing to increasing production levels across all major automotive players globally coupled with rising consumer preference towards SUVs which require large numbers of components during assembly process at a time. This trend is expected drive market growth over next few years since robotic welding systems are being widely used for component fabrication on an industrial level thus resulting into increased product adoption by automobile manufacturers globally.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing investments in robotic technology, growing demand for industrial robots, and rising labor costs in countries such as Japan. Robotic technology provides flexibility, efficiency, accuracy and repeatability that are difficult or expensive to achieve with human operators. This has led manufacturers across various industries including automotive, aerospace & defense industry and others adopt robotic systems for production processes.
The Asia Pacific region is also home to several emerging economies such as India which have been experiencing strong economic growth over the past few years due to rapid industrialization along with a significant rise in manufacturing activities especially within consumer goods sector resulting into high demand for precision equipment welding applications from these regions; hence driving regional market growth.
Growth Factors:
- Increasing demand for robotic welding torches from the automotive and aerospace industries due to the growing need for high-quality and precision welds.
- Rising demand for automated welding systems in manufacturing facilities as they help improve productivity and quality while reducing costs.
- Growing popularity of laser-based welding systems, which are being increasingly used in place of traditional arc welding processes, is expected to boost the demand for robotic welding torches over the next few years.
- Rapid advancements in robotics technology and increasing adoption of collaborative robots (cobots) is also expected to drive the growth of the market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Robotic Welding Torch Market Research Report
By Type
Water Cooled, Air Cooled
By Application
Equipment Manufacturing, Automobile Industry, Others
By Companies
Profax (American Weldquip), Colfax Corporation (Arc Machines), Edr Torches, Abicor Binzel, Lincoln Electric, TBi Industries GmbH, Sumig, Fronius, Mechafin AG, NIMAK, CLOOS Robotic Welding，Inc., Igm Robotersysteme AG
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
183
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Robotic Welding Torch Market Report Segments:
The global Robotic Welding Torch market is segmented on the basis of:
Types
Water Cooled, Air Cooled
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Equipment Manufacturing, Automobile Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Profax (American Weldquip)
- Colfax Corporation (Arc Machines)
- Edr Torches
- Abicor Binzel
- Lincoln Electric
- TBi Industries GmbH
- Sumig
- Fronius
- Mechafin AG
- NIMAK
- CLOOS Robotic Welding，Inc.
- Igm Robotersysteme AG
Highlights of The Robotic Welding Torch Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Water Cooled
- Air Cooled
- By Application:
- Equipment Manufacturing
- Automobile Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Robotic Welding Torch Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A robotic welding torch is a machine that uses an arc welder to join metals. The robot moves around the workpiece, welding at the desired location.
Some of the key players operating in the robotic welding torch market are Profax (American Weldquip), Colfax Corporation (Arc Machines), Edr Torches, Abicor Binzel, Lincoln Electric, TBi Industries GmbH, Sumig, Fronius, Mechafin AG, NIMAK, CLOOS Robotic Welding，Inc., Igm Robotersysteme AG.
The robotic welding torch market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Robotic Welding Torch Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Robotic Welding Torch Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Robotic Welding Torch Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Robotic Welding Torch Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Robotic Welding Torch Market Size & Forecast, 2020-2028
4.5.1 Robotic Welding Torch Market Size and Y-o-Y Growth
4.5.2 Robotic Welding Torch Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Water Cooled
5.2.2 Air Cooled
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Equipment Manufacturing
6.2.2 Automobile Industry
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Robotic Welding Torch Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Robotic Welding Torch Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Water Cooled
9.6.2 Air Cooled
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Equipment Manufacturing
9.10.2 Automobile Industry
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Water Cooled
10.6.2 Air Cooled
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Equipment Manufacturing
10.10.2 Automobile Industry
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Water Cooled
11.6.2 Air Cooled
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Equipment Manufacturing
11.10.2 Automobile Industry
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Water Cooled
12.6.2 Air Cooled
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Equipment Manufacturing
12.10.2 Automobile Industry
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Water Cooled
13.6.2 Air Cooled
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Equipment Manufacturing
13.10.2 Automobile Industry
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Robotic Welding Torch Market: Competitive Dashboard
14.2 Global Robotic Welding Torch Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Profax (American Weldquip)
14.3.2 Colfax Corporation (Arc Machines)
14.3.3 Edr Torches
14.3.4 Abicor Binzel
14.3.5 Lincoln Electric
14.3.6 TBi Industries GmbH
14.3.7 Sumig
14.3.8 Fronius
14.3.9 Mechafin AG
14.3.10 NIMAK
14.3.11 CLOOS Robotic Welding，Inc.
14.3.12 Igm Robotersysteme AG
