Robotic Welding Cell Market Overview, Growth, Trends, Analysis
The robotic welding cell market size is projected to reach US$ 3,726.64 million by 2031 from US$ 1,511.15 million in 2023. The market is expected to register a CAGR of 11.9% during 2023–2031. The increasing adoption of Industry 4.0 technologies is likely to bring new key trends in the market in the coming years.
Robotic Welding Cell Market Analysis
A robotic welding cell consists of several components that work together to weld parts. Robot welding cells provide world-class welding operations and are designed as per global standards to save operator costs and time. Pre-engineered cells are cost-efficient robotic welding cells and include only the basic essential components required for the welding processes. This basic structure of the cells can be quickly installed; it allows manufacturers to reduce cell production time and deliver the final product at the earliest. Custom cells are expensive compared to pre-engineered cells as they include unique equipment along with basic essential components. These are mainly manufactured according to the client's specific interests. Thus, the time required to manufacture and deliver a custom robotic welding cell is higher than that of a pre-engineered cell. Welding robots are widely used in the automotive industry. The demand for vehicles is increasing notably. The rising consumer expenditure is one of the factors that is driving the demand for vehicles across the globe, especially in Asian countries. As per the data published by the International Organization of Motor Vehicle Manufacturers in 2024, the overall vehicle production reached 93 million in 2023, a 12% increase from 2021 to 2023. The rise in the construction of new facilities has led to increased demand for welding robots in these new automotive facilities, ultimately driving the robotic welding cells market.