The global welding torch & tip changing robotic station market is expected to be valued at US$ 194.2 million in 2024. The welding torch & tip changing robotic station market is predicted to rise at a CAGR of 9.1% from 2024 to 2034. The global market is anticipated to reach US$ 464.0 million by 2034.
Welding Torch and Tip Changing Robotic Station Market Overview
Attributes | Key Insights |
---|---|
Welding Torch & Tip Changing Robotic Station Market Size in 2023 | US$ 178.0 million |
Estimated Welding Torch & Tip Changing Robotic Station Market Value (2024) | US$ 194.2 million |
Projected Market Revenue (2034) | US$ 464.0 million |
Value-based CAGR (2024 to 2034) | 9.1% |
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Market to Expand Over 1.6x through 2034
The global welding torch & tip changing robotic station market is predicted to expand over 1.6x through 2034, amid a 3.6% increase in expected CAGR compared to the historical one.
As several industries continue to prioritize efficiency, safety, and precision in welding processes, the adoption of robotic solutions is expected to rise, presenting manufacturers with opportunities to cater to diverse application needs across different sectors.
North America Takes the Lead in the Market
North America held a substantial market share of 29% in 2023 and is estimated to continue its dominance consistently, showcasing a steady growth rate of 6.9% throughout the forecast period.
Historical CAGR (2019 to 2023) | 5.5% |
---|---|
Forecast CAGR (2024 to 2034) | 9.1% |
Sales of welding torches & and changing robotic stations grew at a CAGR of 5.5% between 2019 and 2023. With a y-o-y growth rate of 7.3%, the total market size accounted for US$ 178.0 million in 2023.
By 2034, the market is anticipated to thrive at a CAGR of 9.1% during the forecast period. This market presents ample opportunities for manufacturers to innovate and develop more efficient & effective tools to meet the industry's evolving needs.
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The table below shows the estimated growth rates of the top five countries. The United States, China, and South Korea are set to record high CAGRs of 9.3%, 8.9%, and 9.1%, respectively, through 2034.
Countries | Estimated Market CAGR (2024 to 2034) |
---|---|
Germany | 8.1% |
Japan | 8.8% |
South Korea | 9.1% |
United States | 9.3% |
China | 8.9% |
The welding torch & tip changing robotic station market is projected to increase in Germany at a CAGR of 8.1% through 2034. The factors driving the market growth are as follows:
Japan's welding torch & tip changing robotic station market is expected to surge at a CAGR of 8.8% by 2034. Top factors supporting the market’s expansion in the country include:
The demand for welding torches & and changing robotic stations is increasing in South Korea, with a projected CAGR of 9.1% through 2034. Emerging patterns in the South Korea market are as follows:
The United States welding torch & and changing robotic station industry is poised to exhibit a CAGR of 9.3% during the assessment period. Key factors supporting the market growth are:
Welding torch & tip changing robotic station demand in China is anticipated to rise at a steady CAGR of 8.9% during the forecast period. This is attributable to a combination of factors, including:
The section below shows the below 40 seconds category dominating under the changeover time segment. It is estimated to thrive at 11.5% CAGR between 2024 and 2034. Based on end-use, the automotive category is anticipated to dominate over other categories through 2034. It is set to exhibit a CAGR of 8.8% during the forecast period.
Top Segment (Changeover Time) | Below 40 Seconds |
---|---|
Estimated Market CAGR (2024 to 2034) | 11.5% |
Top Segment (End-use) | Automotive |
---|---|
Estimated Market CAGR (2024 to 2034) | 8.8% |
Alexander Binzel Schweisstechnik GmbH & Co. KG, KYOKUTOH Europe GmbH, and Fronius International GmbH are the leading manufacturers and suppliers of welding torch cleaning stations listed in the report.
Leading manufacturers are focusing on continuous product innovation to stay ahead in the market. Key players are developing advanced technologies, integrating smart features, and producing environmentally sustainable solutions, reducing maintenance & downtime time to enhance overall performance.
A Few Leading Companies in the Market
The market is set to reach US$ 194.2 million in 2024.
The market is slated to expand at a 9.1% CAGR by 2034.
The market is expected to reach US$ 464.0 million in 2034.
KYOKUTOH Europe GmbH, Fronius International GmbH, and IGM ROBOTERSYSTEME AG are the key players.
The below 40 seconds segment is estimated to hold a significant market share in 2024.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Technology Roadmap
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Product Innovation / Development Trends
4. Key Success Factors
4.1. Product Adoption / Usage Analysis
4.2. Product USPs / Features
4.3. Strategic Promotional Strategies
5. Global Market Demand Analysis 2019 to 2023 and Forecast, 2024 to 2034
5.1. Historical Market Volume (Units) Analysis, 2019 to 2023
5.2. Current and Future Market Volume (Units) Projections, 2024 to 2034
5.3. Y-o-Y Growth Trend Analysis
6. Global Market - Pricing Analysis
6.1. Regional Pricing Analysis By Torch Model
6.2. Global Average Pricing Analysis Benchmark
7. Global Market Demand (in Value or Size in US$ million) Analysis 2019 to 2023 and Forecast, 2024 to 2034
7.1. Historical Market Value (US$ million) Analysis, 2019 to 2023
7.2. Current and Future Market Value (US$ million) Projections, 2024 to 2034
7.2.1. Y-o-Y Growth Trend Analysis
7.2.2. Absolute $ Opportunity Analysis
8. Market Background
8.1. Macro-Economic Factors
8.1.1. Global GDP Growth Outlook
8.1.2. Global Industrial Automation Overview
8.1.3. Manufacturing Value-Added
8.1.4. Industry Value Added
8.1.5. Parent Market Outlook
8.1.6. Other Macro-Economic Factors
8.2. Forecast Factors - Relevance & Impact
8.2.1. Top Companies Historical Growth
8.2.2. GDP Growth Forecast
8.2.3. Manufacturing Industry Forecast
8.2.4. Global Urbanization Growth Outlook
8.2.5. End-use Industry Growth Outlook
8.2.6. Other Forecast Factors
8.3. Value Chain
8.3.1. Product Manufacturers
8.3.2. End Users
8.3.3. Avg. Profitability Margins
8.4. COVID-19 Crisis - Impact Assessment
8.4.1. Current Statistics
8.4.2. Short-Mid-Long Term Outlook
8.4.3. Likely Rebound
8.5. Market Dynamics
8.5.1. Drivers
8.5.2. Restraints
8.5.3. Opportunity Analysis
9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Torch Model
9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ million) and Volume Analysis By Torch Model, 2019 to 2023
9.3. Current and Future Market Size (US$ million) and Volume Analysis and Forecast By Torch Model, 2024 to 2034
9.3.1. Gas Cooled
9.3.2. Water Cooled
9.4. Market Attractiveness Analysis By Torch Model
10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Torch Type
10.1. Introduction / Key Findings
10.2. Historical Market Size (US$ million) and Volume Analysis By Torch Type, 2019 to 2023
10.3. Current and Future Market Size (US$ million) and Volume Analysis and Forecast By Torch Type, 2024 to 2034
10.3.1. Arc Welding
10.3.2. MIG Welding
10.3.3. TIG Welding
10.3.4. SMAW
10.3.5. Laser Welding
10.3.6. Plasma Welding
10.4. Market Attractiveness Analysis By Torch Type
11. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Changeover Time
11.1. Introduction / Key Findings
11.2. Historical Market Size (US$ million) and Volume Analysis By Changeover Time, 2019 to 2023
11.3. Current and Future Market Size (US$ million) and Volume Analysis and Forecast By Changeover Time, 2024 to 2034
11.3.1. Below 40 Sec
11.3.2. 40 to 50 Sec
11.3.3. Above 50 Sec
11.4. Market Attractiveness Analysis By Changeover Time
12. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Automation Type
12.1. Introduction / Key Findings
12.2. Historical Market Size (US$ million) and Volume Analysis By Automation Type, 2019 to 2023
12.3. Current and Future Market Size (US$ million) and Volume Analysis and Forecast By Automation Type, 2024 to 2034
12.3.1. Semi-automated
12.3.2. Fully Automated
12.4. Market Attractiveness Analysis By Automation Type
13. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End Use
13.1. Introduction / Key Findings
13.2. Historical Market Size (US$ million) and Volume Analysis By End Use, 2019 to 2023
13.3. Current and Future Market Size (US$ million) and Volume Analysis and Forecast By End Use, 2024 to 2034
13.3.1. General Engineering
13.3.2. Metal Fabrication
13.3.3. Automotive
13.3.4. Construction
13.3.5. Aerospace
13.3.6. Shipbuilding
13.3.7. Others
13.4. Market Attractiveness Analysis By End Use
14. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region
14.1. Introduction
14.2. Historical Market Size (US$ million) and Volume Analysis By Region, 2019 to 2023
14.3. Current Market Size (US$ million) and Volume Analysis and Forecast By Region, 2024 to 2034
14.3.1. North America
14.3.2. Latin America
14.3.3. East Asia
14.3.4. South Asia Pacific
14.3.5. Western Europe
14.3.6. Eastern Europe
14.3.7. Middle East and Africa (Middle East and Africa)
14.4. Market Attractiveness Analysis By Region
15. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034
15.1. Introduction
15.2. Pricing Analysis
15.3. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023
15.4. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2024 to 2034
15.4.1. By Country
15.4.1.1. United States
15.4.1.2. Canada
15.4.1.3. Mexico
15.4.2. By Torch Model
15.4.3. By Torch Type
15.4.4. By Changeover Time
15.4.5. By Automation Type
15.4.6. By End Use
15.5. Market Attractiveness Analysis
15.5.1. By Country
15.5.2. By Torch Model
15.5.3. By Torch Type
15.5.4. By Changeover Time
15.5.5. By Automation Type
15.5.6. By End Use
16. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034
16.1. Introduction
16.2. Pricing Analysis
16.3. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023
16.4. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2024 to 2034
16.4.1. By Country
16.4.1.1. Brazil
16.4.1.2. Chile
16.4.1.3. Rest of Latin America
16.4.2. By Torch Model
16.4.3. By Torch Type
16.4.4. By Changeover Time
16.4.5. By Automation Type
16.4.6. By End Use
16.5. Market Attractiveness Analysis
16.5.1. By Country
16.5.2. By Torch Model
16.5.3. By Torch Type
16.5.4. By Changeover Time
16.5.5. By Automation Type
16.5.6. By End Use
17. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034
17.1. Introduction
17.2. Pricing Analysis
17.3. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023
17.4. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2024 to 2034
17.4.1. By Country
17.4.1.1. China
17.4.1.2. Japan
17.4.1.3. South Korea
17.4.2. By Torch Model
17.4.3. By Torch Type
17.4.4. By Changeover Time
17.4.5. By Automation Type
17.4.6. By End Use
17.5. Market Attractiveness Analysis
17.5.1. By Country
17.5.2. By Torch Model
17.5.3. By Torch Type
17.5.4. By Changeover Time
17.5.5. By Automation Type
17.5.6. By End Use
18. South Asia Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034
18.1. Introduction
18.2. Pricing Analysis
18.3. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023
18.4. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2024 to 2034
18.4.1. By Country
18.4.1.1. India
18.4.1.2. ASEAN
18.4.1.3. Australia and New Zealand
18.4.1.4. Rest of South Asia Pacific
18.4.2. By Torch Model
18.4.3. By Torch Type
18.4.4. By Changeover Time
18.4.5. By Automation Type
18.4.6. By End Use
18.5. Market Attractiveness Analysis
18.5.1. By Country
18.5.2. By Torch Model
18.5.3. By Torch Type
18.5.4. By Changeover Time
18.5.5. By Automation Type
18.5.6. By End Use
19. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034
19.1. Introduction
19.2. Pricing Analysis
19.3. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023
19.4. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2024 to 2034
19.4.1. By Country
19.4.1.1. Germany
19.4.1.2. Italy
19.4.1.3. France
19.4.1.4. United Kingdom
19.4.1.5. Spain
19.4.1.6. BENELUX
19.4.1.7. NORDICS
19.4.1.8. Rest of W. Europe
19.4.2. By Torch Model
19.4.3. By Torch Type
19.4.4. By Changeover Time
19.4.5. By Automation Type
19.4.6. By End Use
19.5. Market Attractiveness Analysis
19.5.1. By Country
19.5.2. By Torch Model
19.5.3. By Torch Type
19.5.4. By Changeover Time
19.5.5. By Automation Type
19.5.6. By End Use
20. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034
20.1. Introduction
20.2. Pricing Analysis
20.3. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023
20.4. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2024 to 2034
20.4.1. By Country
20.4.1.1. Russia
20.4.1.2. Poland
20.4.1.3. Hungary
20.4.1.4. Balkan & Baltics
20.4.1.5. Rest of Eastern Europe
20.4.2. By Torch Model
20.4.3. By Torch Type
20.4.4. By Changeover Time
20.4.5. By Automation Type
20.4.6. By End Use
20.5. Market Attractiveness Analysis
20.5.1. By Country
20.5.2. By Torch Model
20.5.3. By Torch Type
20.5.4. By Changeover Time
20.5.5. By Automation Type
20.5.6. By End Use
21. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034
21.1. Introduction
21.2. Pricing Analysis
21.3. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023
21.4. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2024 to 2034
21.4.1. By Country
21.4.1.1. KSA
21.4.1.2. Other GCC Countries
21.4.1.3. Türkiye
21.4.1.4. South Africa
21.4.1.5. Other African Union
21.4.1.6. Rest of Middle East and Africa
21.4.2. By Torch Model
21.4.3. By Torch Type
21.4.4. By Changeover Time
21.4.5. By Automation Type
21.4.6. By End Use
21.5. Market Attractiveness Analysis
21.5.1. By Country
21.5.2. By Torch Model
21.5.3. By Torch Type
21.5.4. By Changeover Time
21.5.5. By Automation Type
21.5.6. By End Use
22. Country-wise Market Analysis
22.1. Introduction
22.1.1. Market Value Proportion Analysis, By Key Countries
22.1.2. Global Vs. Country Growth Comparison
22.2. United States Market Analysis
22.2.1. By Torch Model
22.2.2. By Torch Type
22.2.3. By Changeover Time
22.2.4. By Automation Type
22.2.5. By End Use
22.3. Canada Market Analysis
22.3.1. By Torch Model
22.3.2. By Torch Type
22.3.3. By Changeover Time
22.3.4. By Automation Type
22.3.5. By End Use
22.4. Mexico Market Analysis
22.4.1. By Torch Model
22.4.2. By Torch Type
22.4.3. By Changeover Time
22.4.4. By Automation Type
22.4.5. By End Use
22.5. Brazil Market Analysis
22.5.1. By Torch Model
22.5.2. By Torch Type
22.5.3. By Changeover Time
22.5.4. By Automation Type
22.5.5. By End Use
22.6. Chile Market Analysis
22.6.1. By Torch Model
22.6.2. By Torch Type
22.6.3. By Changeover Time
22.6.4. By Automation Type
22.6.5. By End Use
22.7. China Market Analysis
22.7.1. By Torch Model
22.7.2. By Torch Type
22.7.3. By Changeover Time
22.7.4. By Automation Type
22.7.5. By End Use
22.8. Japan Market Analysis
22.8.1. By Torch Model
22.8.2. By Torch Type
22.8.3. By Changeover Time
22.8.4. By Automation Type
22.8.5. By End Use
22.9. South Korea Market Analysis
22.9.1. By Torch Model
22.9.2. By Torch Type
22.9.3. By Changeover Time
22.9.4. By Automation Type
22.9.5. By End Use
22.10. India Market Analysis
22.10.1. By Torch Model
22.10.2. By Torch Type
22.10.3. By Changeover Time
22.10.4. By Automation Type
22.10.5. By End Use
22.11. ASEAN Market Analysis
22.11.1. By Torch Model
22.11.2. By Torch Type
22.11.3. By Changeover Time
22.11.4. By Automation Type
22.11.5. By End Use
22.12. Australia and New Zealand Market Analysis
22.12.1. By Torch Model
22.12.2. By Torch Type
22.12.3. By Changeover Time
22.12.4. By Automation Type
22.12.5. By End Use
22.13. Germany Market Analysis
22.13.1. By Torch Model
22.13.2. By Torch Type
22.13.3. By Changeover Time
22.13.4. By Automation Type
22.13.5. By End Use
22.14. Italy Market Analysis
22.14.1. By Torch Model
22.14.2. By Torch Type
22.14.3. By Changeover Time
22.14.4. By Automation Type
22.14.5. By End Use
22.15. France Market Analysis
22.15.1. By Torch Model
22.15.2. By Torch Type
22.15.3. By Changeover Time
22.15.4. By Automation Type
22.15.5. By End Use
22.16. United Kingdom Market Analysis
22.16.1. By Torch Model
22.16.2. By Torch Type
22.16.3. By Changeover Time
22.16.4. By Automation Type
22.16.5. By End Use
22.17. Spain Market Analysis
22.17.1. By Torch Model
22.17.2. By Torch Type
22.17.3. By Changeover Time
22.17.4. By Automation Type
22.17.5. By End Use
22.18. BENELUX Market Analysis
22.18.1. By Torch Model
22.18.2. By Torch Type
22.18.3. By Changeover Time
22.18.4. By Automation Type
22.18.5. By End Use
22.19. NORDICS Market Analysis
22.19.1. By Torch Model
22.19.2. By Torch Type
22.19.3. By Changeover Time
22.19.4. By Automation Type
22.19.5. By End Use
22.20. Russia Market Analysis
22.20.1. By Torch Model
22.20.2. By Torch Type
22.20.3. By Changeover Time
22.20.4. By Automation Type
22.20.5. By End Use
22.21. Poland Market Analysis
22.21.1. By Torch Model
22.21.2. By Torch Type
22.21.3. By Changeover Time
22.21.4. By Automation Type
22.21.5. By End Use
22.22. Hungary Market Analysis
22.22.1. By Torch Model
22.22.2. By Torch Type
22.22.3. By Changeover Time
22.22.4. By Automation Type
22.22.5. By End Use
22.23. Balkan & Baltics Market Analysis
22.23.1. By Torch Model
22.23.2. By Torch Type
22.23.3. By Changeover Time
22.23.4. By Automation Type
22.23.5. By End Use
22.24. KSA Market Analysis
22.24.1. By Torch Model
22.24.2. By Torch Type
22.24.3. By Changeover Time
22.24.4. By Automation Type
22.24.5. By End Use
22.25. Other GCC Countries Market Analysis
22.25.1. By Torch Model
22.25.2. By Torch Type
22.25.3. By Changeover Time
22.25.4. By Automation Type
22.25.5. By End Use
22.26. Türkiye Market Analysis
22.26.1. By Torch Model
22.26.2. By Torch Type
22.26.3. By Changeover Time
22.26.4. By Automation Type
22.26.5. By End Use
22.27. South Africa Market Analysis
22.27.1. By Torch Model
22.27.2. By Torch Type
22.27.3. By Changeover Time
22.27.4. By Automation Type
22.27.5. By End Use
22.28. Other African Union Market Analysis
22.28.1. By Torch Model
22.28.2. By Torch Type
22.28.3. By Changeover Time
22.28.4. By Automation Type
22.28.5. By End Use
23. Market Structure Analysis
23.1. Market Analysis by Tier of Companies
23.2. Market Concentration
23.3. Market Share Analysis of Top Players
24. Competition Analysis
24.1. Competition Dashboard
24.2. Competition Deep Dive
24.2.1. Alexander Binzel Schweisstechnik GmbH & Co. KG
24.2.1.1. Overview
24.2.1.2. Product Portfolio
24.2.1.3. Profitability by Market Segments (Product/Channel/Region)
24.2.1.4. Sales Footprint
24.2.1.5. Strategy Overview
24.2.2. KYOKUTOH Europe GmbH
24.2.3. Fronius International GmbH
24.2.4. IGM ROBOTERSYSTEME AG
24.2.5. Valk Welding
24.2.6. NASARC
24.2.7. G.E. Schmidt
24.2.8. Tokin Corporation
24.2.9. SHINKOKIKI Co., Ltd.
24.2.10. Merkle Schweissanlagen-Technik GmbH
25. Assumptions and Acronyms Used
26. Research Methodology
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