Home
Construction & Manufacturing
Storage, Warehousing & Material Handling
Metal Fabrication Robot Market Size, Share & Industry | 2031

Global Metal Fabrication Robot Market

Name: Growth Market Reports
Address: 500 East E Street, Ontario, 91764, USA
Telephone: +1 909 414 1393

Segments - by Type (Articulated Robots, Cartesian Robots, SCARA Robots, and Others), Application (Welding & Soldering, Assembly, Surface Treatment & Finishing, Cutting, Forming, and Others), and Region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

CM-4907
4.8 Rating
214 Pages

01-12-2022
73 Reviews

Author:

Raksha Sharma

Fact-checked by:

Vineet Pandey

Editor:

Rucha Phatak

Report Description

Market Outlook

The global metal fabrication robot market was valued at USD 4.64 Bn in 2022 and is expected to reach USD 12.07 Bn in 2031, expanding at a CAGR of 11.20 % during 2023-2031. The market growth is attributed to the increasing adoption of metal fabrication robots to enhance work efficiency and productivity for all operations.

Metal fabrication robot refers to automated machines that involve in the process of stamping, welding, cutting, folding, finishing, material handling, and machine tending of raw metal components. The machines assist in the process of producing sheet metal such as flat metals and shaping them into a certain shape.

Metal fabricators are using industrial robot automation to fill the gaps caused by the labor shortage. The rising retirement of seasoned metalworkers and the absence of skilled crafts are the main causes of a labor shortage in metal fabrication. The use of metal fabrication robot helps in the optimization of manufacturing by increasing accuracy and precision as well as reducing materials wasted, which lead to lower overall production costs.

Macro-economic Factors

GDP

GDP is a critical indicator used to measure the size and performance of an economy. GDP across all countries declined due to the outbreak of COVID-19. The pandemic impeded the growth of all economies across the globe. It has drastically impeded the supply chain of companies that manufacture metal fabrication robots, thus leading to a substantial decrease in revenue.

In the initial phase of the pandemic, companies manufacturing metal fabrication robots faced difficulties, owing to the closure of production facilities across the globe.

Demand and Supply

The supply and demand for metal fabrication robots are rising due to high return on investment and rising demand from end-use industries. In the metal fabrication process, the demand for autonomous mobile robots (AMR) is projected to increase as it makes automation easier. Moreover, the adoption of robots in metal fabrication is rising due to the ability of robots to handle harsh environments.

R&D Activities

Companies in almost every industry rely on R&D to plan, design, and deliver an innovative & diversified range of products. Many companies are focusing on advancements and research in the metal fabrication robot market to fulfill the customer’s demands. Advancement in the product and novel development helps in reducing the carbon footprint in the production process. Moreover, the use of robots in metal fabrication is projected to fuel industrialization.

Metal Fabrication Robot Market Dynamics

What drives the Metal Fabrication Robot Market?

Rising Adoption of Industrial Robots

The increase in the adoption of industrial robots is driving the metal fabrication robot market. Industrial robots are widely adopted to enhance productivity and improve efficiency in overall operations. The rising demand for novel developed industrial robots is largely influenced by their superior attributes such as being multi-functional, autonomous, flexible, and mobile.

According to the Worlds Robotics Report published by the International Federation of Robotics (IFR) in 2021, as many as 517,385 industrial robots had been deployed in factories globally. Many organizations use robotics to cut down various labor-related capital expenditures. Furthermore, product manufacturers deploy these machines to perform multi-tasking, especially repetitive activities or processes in an industrial operation. According to IFR, Japan is the top producer of industrial robots with 45% of the world's industrial robots.

What Restrains the Metal Fabrication Robot Market?

High Installation Cost

The high installation costs of metal fabrication robots as well as high maintenance charges are major factors hindering the market. The cost of the fabrication process is high because a trained specialist is needed to operate and maintain the metal fabrication robots. This results in the delayed adoption of metal fabrication robots in small and medium-sized enterprises.

The initial expenditure involved is challenging the firms with little or no relevant expertise. Large capital investments are necessary for a variety of items, including procurement, integration, programming, accessories, and maintenance. Hence companies require a huge initial cost. This prevents market growth. Also, many small and medium enterprises find it difficult for investing huge amounts of money at the initial stage due to the poor return on investment and low-volume manufacturing, which is hindering the market growth.

What are the Opportunities for the Metal Fabrication Robot Market?

Technical Advancement

The growing adoption of advanced automated technologies for efficient industrial operations is projected to create lucrative opportunities for market players in the coming years. Technological advancements in robotics are making robotics systems smarter and supporting the removal of traditional obstacles to automation. Advancements aid enterprises associated with heavy-duty fabrication, the next generation of automation increases production efficiency while keeping workers safe.

Heavy fabricators, majorly those who are working with large-plate, large-part, and foundry applications, are going through a technological evolution along with the rising use of robotic automation. In the past, industries associated with heavy fabrication usually deployed manpower, hoists, cranes, and manipulators in moving huge and heavy metals.

Robots are now user-friendly due to the development of technology. This has allowed manufacturers to consider the advantages and return on investment (ROI) of robotic automation. New developments with types of articulated robots can open up opportunities for the market as these are widely used in manufacturing industries.

Scope of Metal Fabrication Robot Market

The report on the global metal fabrication robot market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Metal Fabrication Robot Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast
Base Year	2022
Historic Data	2016-2021
Forecast Period	2023–2031
Segmentation	Type (Articulated Robots, Cartesian Robots, SCARA Robots, and Others), and Application (Welding & Soldering, Assembly, Surface Treatment & Finishing, Cutting, Forming, and Others)
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered	ABB, Fanuc Corporation, YASKAWA ELECTRIC CORPORATION, Universal Robots A S, KUKA AG, Kawasaki Heavy Industries Ltd., Omron Corporation, Mitsubishi Electric, Panasonic Industry Co., Ltd., Dürr Group, Stäubli International AG., DENSO WAVE INCORPORATED, Shibaura Machine CO., LTD, and Rethink Robotics GmbH.

Metal Fabrication Robot Market Segment Insights

Which Major Factors influence the Substantial Growth of the Type Segment?

Increasing use of Articulated Robots in Manufacturing Industries

In terms of Type, the metal fabrication robot market is segmented into articulated robots, cartesian robots, SCARA robots, and others. The articulated robot segment is expected to hold a large market share in the coming years owing to the wide use of articulated robots in manufacturing industries, especially 6-axis articulated robots.

The 6-axis articulated robot is one of the most common robots used across various industries. Its six axes allow a robot to move in the x, y, and z planes and position itself using roll, pitch, and yaw movements. Articulated robots are widely used for various applications such as welding, assembling, sealing, material handling, picking, cutting, painting, and spraying.

Vertically articulated robots are highly used for pick-and-place applications in a compact space as these offer high productivity and are suitable for assembly work and automation. Key players in manufacturing industries prefer vertically articulated robots as these help in enhancing productivity and save labor costs.

SCARA robot segment is projected to expand at a significant CAGR during the forecast period due to constant innovations in industries, such as automotive and electrical & electronics, with an emphasis on miniaturization. These types of robots are usually used to speed up production and repeatability on pick & place tasks.

What are the Main Aspects for Boosting the Application Segment?

Rising demand for Articulated Robot Arm for Assembly Work

On the basis of application, the metal fabrication robot market is segmented into welding & soldering, assembly, surface treatment & finishing, cutting, forming, and others. The assembly segment is expected to hold a large market share in the coming years owing to the rising use of robots for assembly work. Metal fabrication robots are widely used for assembly in the automotive sector, especially articulated robot arms. The welding & soldering segment is expected to hold a substantial share of the market during the forecast owing to the high accuracy of welding for operations.

Why is North America dominating the Global Metal Market?

Presence of Key players in the Region

Based on regions, the metal fabrication robot Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America is expected to hold a major market share in the coming years owing to the presence of key market players and a well-established robot market with major tech companies creating new opportunities for the global market.

The market in Asia Pacific is anticipated to register a considerable CAGR during the forecast period owing to the increasing adoption of advanced automated technologies, especially in the manufacturing industry creates lucrative opportunities for the market in the region. New opportunities with major tech companies coming to emerging economies can drive the major market.

Key Benefits for Industry Participants & Stakeholders

In-depth Analysis of the global Metal Fabrication Robot Market
Historical, Current, and Projected Market Size in terms of Value and Volume
Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
Industry Drivers, Restraints, and Opportunities Covered in the Study
Recent Industry Trends and Developments
Competitive Landscape & Strategies of Key Players
Neutral Perspective on Global Metal Fabrication Robot Market

Segments

Type

Articulated Robot
Cartesian Robot
SCARA Robot
Others

Application

Welding & Soldering
Assembly
Surface Treatment & Finishing
Cutting
Forming
Others

Region

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

Key Market Players Profiled in the Report

ABB
Fanuc Corporation
YASKAWA ELECTRIC CORPORATION
Universal Robots A S
KUKA AG
Kawasaki Heavy Industries Ltd.
Omron Corporation
Mitsubishi Electric
Panasonic Industry Co., Ltd.
Dürr Group
Stäubli International AG.
DENSO WAVE INCORPORATED
Shibaura Machine CO., LTD
Rethink Robotics GmbH

Competitive Landscape

Top players in the market includes ABB, Fanuc Corporation, YASKAWA ELECTRIC CORPORATION, Universal Robots A S, KUKA AG, Kawasaki Heavy Industries Ltd., Omron Corporation, Mitsubishi Electric, Panasonic Industry Co., Ltd., Dürr Group, Stäubli International AG., DENSO WAVE INCORPORATED, Shibaura Machine CO., LTD, Rethink Robotics GmbH.

These companies are considered key manufacturers of metal fabrication robot based on their revenue, product offerings, regional presence, and supply chain management system.

The players are adopting key strategies such as acquisition, collaborations, and geographical expansion where potential opportunity for Metal Fabrication Robot Market.

Table Of Content

Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Metal Fabrication Robot 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 Metal Fabrication Robot Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Metal Fabrication Robot 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 Metal Fabrication Robot 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 Metal Fabrication Robot Market Size & Forecast, 2015-2030
      4.5.1 Metal Fabrication Robot Market Size and Y-o-Y Growth
      4.5.2 Metal Fabrication Robot Market Absolute $ Opportunity
Chapter 5 Global Metal Fabrication Robot 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 Metal Fabrication Robot Market Size Forecast By Type
      5.2.1 Articulated Robot
      5.2.2 Cartesian Robot
      5.2.3 SCARA Robot
      5.2.4 Other
   5.3 Market Attractiveness Analysis By Type
Chapter 6 Global Metal Fabrication Robot Market Analysis and Forecast By Application
6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By Application
      6.1.2 Basis Point Share (BPS) Analysis By Application
      6.1.3 Absolute $ Opportunity Assessment By Application
   6.2 Metal Fabrication Robot Market Size Forecast By Application
      6.2.1 Welding & Soldering
      6.2.2 Assembly
      6.2.3 Surface Treatment & Finishing
      6.2.4 Cutting
      6.2.5 Forming
      6.2.6 Other
   6.3 Market Attractiveness Analysis By Application
Chapter 7 Global Metal Fabrication Robot 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 Metal Fabrication Robot 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 Metal Fabrication Robot Analysis and Forecast
   9.1 Introduction
   9.2 North America Metal Fabrication Robot 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 Metal Fabrication Robot Market Size Forecast By Type
      9.6.1 Articulated Robot
      9.6.2 Cartesian Robot
      9.6.3 SCARA Robot
      9.6.4 Other
   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 Metal Fabrication Robot Market Size Forecast By Application
      9.10.1 Welding & Soldering
      9.10.2 Assembly
      9.10.3 Surface Treatment & Finishing
      9.10.4 Cutting
      9.10.5 Forming
      9.10.6 Other
   9.11 Basis Point Share (BPS) Analysis By Application
   9.12 Absolute $ Opportunity Assessment By Application
   9.13 Market Attractiveness Analysis By Application
Chapter 10 Europe Metal Fabrication Robot Analysis and Forecast
   10.1 Introduction
   10.2 Europe Metal Fabrication Robot 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 Metal Fabrication Robot Market Size Forecast By Type
      10.6.1 Articulated Robot
      10.6.2 Cartesian Robot
      10.6.3 SCARA Robot
      10.6.4 Other
   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 Metal Fabrication Robot Market Size Forecast By Application
      10.10.1 Welding & Soldering
      10.10.2 Assembly
      10.10.3 Surface Treatment & Finishing
      10.10.4 Cutting
      10.10.5 Forming
      10.10.6 Other
   10.11 Basis Point Share (BPS) Analysis By Application
   10.12 Absolute $ Opportunity Assessment By Application
   10.13 Market Attractiveness Analysis By Application
Chapter 11 Asia Pacific Metal Fabrication Robot Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Metal Fabrication Robot 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 Metal Fabrication Robot Market Size Forecast By Type
      11.6.1 Articulated Robot
      11.6.2 Cartesian Robot
      11.6.3 SCARA Robot
      11.6.4 Other
   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 Metal Fabrication Robot Market Size Forecast By Application
      11.10.1 Welding & Soldering
      11.10.2 Assembly
      11.10.3 Surface Treatment & Finishing
      11.10.4 Cutting
      11.10.5 Forming
      11.10.6 Other
   11.11 Basis Point Share (BPS) Analysis By Application
   11.12 Absolute $ Opportunity Assessment By Application
   11.13 Market Attractiveness Analysis By Application
Chapter 12 Latin America Metal Fabrication Robot Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Metal Fabrication Robot 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 Metal Fabrication Robot Market Size Forecast By Type
      12.6.1 Articulated Robot
      12.6.2 Cartesian Robot
      12.6.3 SCARA Robot
      12.6.4 Other
   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 Metal Fabrication Robot Market Size Forecast By Application
      12.10.1 Welding & Soldering
      12.10.2 Assembly
      12.10.3 Surface Treatment & Finishing
      12.10.4 Cutting
      12.10.5 Forming
      12.10.6 Other
   12.11 Basis Point Share (BPS) Analysis By Application
   12.12 Absolute $ Opportunity Assessment By Application
   12.13 Market Attractiveness Analysis By Application
Chapter 13 Middle East & Africa (MEA) Metal Fabrication Robot Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Metal Fabrication Robot 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) Metal Fabrication Robot Market Size Forecast By Type
      13.6.1 Articulated Robot
      13.6.2 Cartesian Robot
      13.6.3 SCARA Robot
      13.6.4 Other
   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) Metal Fabrication Robot Market Size Forecast By Application
      13.10.1 Welding & Soldering
      13.10.2 Assembly
      13.10.3 Surface Treatment & Finishing
      13.10.4 Cutting
      13.10.5 Forming
      13.10.6 Other
   13.11 Basis Point Share (BPS) Analysis By Application
   13.12 Absolute $ Opportunity Assessment By Application
   13.13 Market Attractiveness Analysis By Application
Chapter 14 Competition Landscape
   14.1 Metal Fabrication Robot Market: Competitive Dashboard
   14.2 Global Metal Fabrication Robot Market: Market Share Analysis, 2021
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
      14.3.1 ABB
      14.3.2 Fanuc Corporation
      14.3.3 YASKAWA ELECTRIC CORPORATION
      14.3.4 Universal Robots A S
      14.3.5 KUKA AG
      14.3.6 Kawasaki Heavy Industries Ltd
      14.3.7 Omron Corporation
      14.3.8 Mitsubishi Electric
      14.3.9 Panasonic Industry Co., Ltd.
      14.3.10 Dürr Group
      14.3.11 Stäubli International AG.
      14.3.12 DENSO WAVE INCORPORATED.
      14.3.13 Shibaura Machine CO., LTD
      14.3.14 Rethink Robotics GmbH

Methodology

Purchase Premium Report

Buy Now

Request For Sample

Request For Customization

Enquiry Before Buying

Speak With Analyst

Customize This Report

Ask for Research To Be Focused On Specific Regions or Segments
Receive Data As Per Your Format and Definition
Companies Profiled based on Your Requirements
Breaking Down Competitive Landscape as per Your Requirements
Any Level of Customization

Our Clients

Client Testinomials

We needed a highly accurate and precise report, which Growth Market Reports delivered promptly. The company compiled information from a wide array of reliable agencies and sourcess.It is extremely satisfactory to be working with you.
Strategy Head of Major Tech Company

We were very pleased to contact Growth Market Reports as they tailored reports precisely as per our requirements. As we are dealing with the aerospace and defense industry, we need reports of high accuracy and substantial quality.
Major Player in Defense Industry

Extremely delighted to have a well-crafted report on “Global Packaging Solutions Market Research Report” from your team. Thank you for providing me with all our requirements and for incorporating our suggestions.
CMO of Leading Packaging Company from USA

I had a good experience working with Growth Market Reports as they were very open to all constructive changes in the report. I found that the report had its charm embedded with ample of data.
Founder and Managing Partner of Major Korean Company

Our company has been working with Growth Market Reports for some years now and we are very happy with the quality of the reports provided by the company.I, on behalf of my organization, would like to thank you for offering professional reports.
Global Consulting Firm

Quick Contact

+1 909 414 1393

sales@growthmarketreports.com

Growth Market Report

Certified By

FAQ Section

Some frequently asked quetions about this report!

1. Who are the major players operating in the Metal Fabrication Robot market?

Major manufacturers in the global market are ABB, Fanuc Corporation, YASKAWA ELECTRIC CORPORATION, Universal Robots A S, KUKA AG, Kawasaki Heavy Industries Ltd., Omron Corporation, Mitsubishi Electric, Panasonic Industry Co., Ltd., Dürr Group, Stäubli International AG., DENSO WAVE INCORPORATED, Shibaura Machine CO., LTD, and Rethink Robotics GmbH.