Connect with us

Technology

Arc Welding Robots Market size is set to grow by USD 739 million from 2024-2028, Growing popularity of industrial robots in APAC boost the market, Technavio

Published

on

NEW YORK, June 9, 2024 /PRNewswire/ — The global arc welding robots market size is estimated to grow by USD 739 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 4.41%  during the forecast period. Growing popularity of industrial robots in APAC is driving market growth, with a trend towards adoption of innovative business models. However, operational challenges associated with welding robots  poses a challenge. Key market players include ABB Ltd., Arrowtek Robotic Pvt. Ltd., Carl Cloos Schweisstechnik GmbH, Daihen Corp., FANUC Corp., Hyundai Motor Co., igm Robotersysteme AG, Kawasaki Heavy Industries Ltd., Kemppi Oy, MIDEA Group Co. Ltd., Miller Electric Manufacturing Co., NACHI FUJIKOSHI Corp., Panasonic Holdings Corp., Shanghai Genius Industrial Co. Ltd., SRDR Robotics, Staubli International AG, Stellantis NV, Teradyne Inc., The Lincoln Electric Co., and Yaskawa Electric Corp..

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Arc Welding Robots Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 4.41%

Market growth 2024-2028

USD 739 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

4.16

Regional analysis

APAC, Europe, North America,
South America, and Middle East and Africa

Performing market contribution

APAC at 64%

Key countries

China, Japan, US, Germany, and UK

Key companies profiled

ABB Ltd., Arrowtek Robotic Pvt. Ltd., Carl Cloos
Schweisstechnik GmbH, Daihen Corp., FANUC
Corp., Hyundai Motor Co., igm Robotersysteme
AG, Kawasaki Heavy Industries Ltd., Kemppi Oy,
MIDEA Group Co. Ltd., Miller Electric
Manufacturing Co., NACHI FUJIKOSHI Corp.,
Panasonic Holdings Corp., Shanghai Genius
Industrial Co. Ltd., SRDR Robotics, Staubli
International AG, Stellantis NV, Teradyne Inc., The
Lincoln Electric Co., and Yaskawa Electric Corp.

Market Driver

Rental companies like Hirebotics, Tokyo Century, and ORIX are transforming the arc welding robots market by offering flexible solutions for end-users. These firms provide robot deployment plans, programming support, maintenance, and repair services. They help install robots, peripherals, and manufacturing machinery as a single unit. End-users can rent robots with the latest technologies for a monthly cost between USD1,300 and USD1,800, with no upfront asset allocation.

Rental companies cover installation expenses and offer industry-specific solutions. Key vendors like ABB Ltd. and FANUC Corp. provide refurbished robots through subsidiaries like Robot Worx. The trend towards robot rentals is driven by the high initial cost of ownership and the challenges of designing and implementing industrial robots independently. Businesses can achieve significant ROI by renting robotic automation, leading to market growth during the forecast period. However, this trend may negatively impact key vendors’ revenues due to decreased demand for new arc welding robots. New robots like KR Cyber tech’s nano ARC HW edition offer various payloads and installation options, catering to diverse industries. 

The consancy growth in the manufacturing sector has led to an increased demand for productivity and efficiency in various production processes. One such process is arc welding, where robots have emerged as a key trend. These robots, equipped with advanced features like precision, speed, and consistency, are used in sectors such as automotive, aerospace, and construction. The market for arc welding robots is expanding, with companies focusing on automation and cost reduction.

Factors like the availability of skilled labor and the need for high-quality output are driving the adoption of these robots. Additionally, the use of technologies like artificial intelligence and machine learning is expected to further enhance the capabilities of arc welding robots. Overall, the market for arc welding robots is poised for significant growth in the coming years. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

The arc welding robots market faces operational challenges, including inconsistent welding due to poor fixtures and metal forming variations. For small batch sizes, high-speed tool changing is necessary, but manual welding outperforms robots in this regard. Programming robots for batch manufacturing or repair work takes significant time, with offline programming offering a solution.However, the predominant use of teach pendants results in extended downtime. Welding in confined spaces remains a challenge, limiting the market in certain end-user segments. These operational issues are major hurdles for the global arc welding robots market during the forecast period.The Arc Welding Robots Market faces several challenges. One major challenge is the high cost of implementation, including the cost of robots, automation equipment, and installation. Another challenge is the need for skilled labor to operate and maintain the robots.Additionally, the integration of these robots with existing manufacturing systems can be complex and time-consuming. Furthermore, the lack of standardization in robot programming languages and interfaces can hinder interoperability and increase costs. Lastly, the need for continuous improvement and upgrades to keep up with technological advancements can add to the overall cost and complexity of the system.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

Product 1.1 Consumable method1.2 Non consumable methodApplication 2.1 Automotive2.2 Electricals and electronics2.3 Aerospace and defense2.4 OthersGeography 3.1 APAC3.2 Europe3.3 North America3.4 South America3.5 Middle East and Africa

1.1 Consumable method-  The arc welding robots market encompasses various consumable methods, including SMAW (stick metal arc welding), GMAW (gas metal arc welding), FCAW (flux-cored arc welding), and SAW (submerged-arc welding). SMAW, also known as stick welding, is a versatile and cost-effective method preferred in metal, shipbuilding, and construction industries. GMAW, or MIG welding, is the most used method with robots due to its high welding speed and extensive applications in repairing and reassembling automotive parts.

FCAW offers benefits such as rust tolerance, high deposition, and simplified operation, making it an alternative to SMAW for welding steel and nickel alloys. SAW is suitable for carbon and low-alloy steel and is expected to witness slow growth during the forecast period. The increasing demand for robust metal parts in industries like defense, automotive, and manufacturing has led to a significant market growth for arc welding robots.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The Arc Welding Robots Market is experiencing significant growth in the automotive and transportation sector due to the rapid industrialization and the increasing demand for high-quality welds with consistency, higher production rates, and improved performance. IIoT, cyber-physical systems, cloud robotics, and cloud computing are transforming the manufacturing industry by enabling real-time data processing and analysis, leading to zero down time and increased automation.

Metal inert gas (MIG) and Tungsten inert gas (TIG) welding processes are commonly used in the production of metal components. Sensors, vision systems, and controls are essential components of arc welding robots, ensuring accuracy and repeatability in the welding process. The market is expected to continue its upward trend, driven by the need for higher speeds and improved overall efficiency in automotive manufacture.

Market Research Overview

The Arc Welding Robots Market encompasses a wide range of automated welding systems designed to improve productivity, consistency, and safety in various industries. These robots utilize advanced technologies such as programmable controllers, sensors, and manipulators to execute welding processes with precision and efficiency.

The market is driven by factors including increasing demand for automation in manufacturing, growing adoption of robotic welding in the automotive sector, and the need for high-quality welds in infrastructure projects. Additionally, advancements in robotics technology, such as collaborative robots and 3D printing, are expanding the applications and capabilities of arc welding robots. The market is expected to continue growing due to these trends and the ongoing digitalization of industries.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductConsumable MethodNon Consumable MethodApplicationAutomotiveElectricals And ElectronicsAerospace And DefenseOthersGeographyAPACEuropeNorth AmericaSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/arc-welding-robots-market-size-is-set-to-grow-by-usd-739-million-from-2024-2028-growing-popularity-of-industrial-robots-in-apac-boost-the-market-technavio-302167732.html

SOURCE Technavio

Continue Reading

Technology

SoftwareOne named a Leader in the 2026 Gartner® Magic Quadrant™ for SAM Managed Services

Published

on

By

Empowering clients with proven SAM excellence

MILWAUKEE, Oct. 26, 2026 /PRNewswire/ — SoftwareOne (SIX: SWON), a leading global software and cloud solutions provider, today announced that it has been named a Leader in the 2026 Gartner® Magic Quadrant™ for SAM Managed Services for the seventh consecutive year.

SoftwareOne believes this recognition reflects its commitment to helping clients achieve measurable value from their cloud, software and AI investments as licensing models continue to shift.

Software asset management (SAM) gives organizations visibility and control over their on-premises IT, cloud and SaaS estates. SoftwareOne helps customers simplify these portfolios, improving financial control and managing licensing and audit risks, so they can direct resources towards business priorities and innovation.

“Seven consecutive years as a Leader matters to us because we believe that consistency is what our customers actually buy. The technology landscape continues to grow more complex as organizations navigate an ever-expanding mix of software licensing, cloud consumption, and AI-driven business models,” says Raphael Erb, CEO, SoftwareOne. “Our customers need a partner whose judgement holds up through all of it. We see this recognition as validation of the expertise, commitment, and customer focus that our teams bring to every engagement, every day.”

Gartner delivers actionable, objective insight to executives and their teams. Its expert guidance and tools enable faster, smarter decisions and stronger performance on an organization’s mission-critical priorities.

The Gartner Magic Quadrant evaluates vendors based on their Ability to Execute and Completeness of Vision. We are honored to be included among the recognized vendors in this important report. Learn more about the Magic Quadrant.

Helping clients unlock value from IT portfolios

SoftwareOne’s ITAM and FinOps portfolio brings together software asset management, FinOps and AI optimization, SaaS management, IT sustainability advisory and vendor management. These services help clients cut waste, manage audit risks and go into publisher negotiations, with a clear picture of what technology they use and what it all costs.

With global delivery at scale, SoftwareOne helps organizations optimize and simplify AI cloud and software investments across hybrid environments. AI-enabled automation powers licensing intelligence, compliance and cost control, so clients can reduce spend and make confident decisions about where to reinvest.

Positioned alongside SoftwareOne in the Magic Quadrantii as A Leader is Anglepoint, an independent company that is majority-owned by SoftwareOne. 

About the Gartner Magic Quadrant

The Gartner Magic Quadrant evaluates providers on Completeness of Vision and Ability to Execute. Leaders execute well against their current vision and are well positioned for tomorrow. SoftwareOne views its recognition as a reflection of the consistency of its SAM managed services and the work of its delivery teams.

Source

Gartner, Magic Quadrant for Software Asset Management Managed Services, By Yolanda Harris, Jaswant Kalay, and Rob Schafer. October 2026

Gartner disclaimers and trademarks

Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

GARTNER is a registered trademark and service mark of Gartner, and Magic Quadrant is a registered trademark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and are used herein with permission. All rights reserved.

About SoftwareOne

SoftwareOne is a global software and cloud solutions provider and distributor. With a presence in over 70 countries and a team of about 12,000 professionals, we combine global scale and local expertise to help partners and customers optimize costs, source, and procure, accelerate growth, and navigate complex IT environments with confidence. Leveraging deep capabilities in cloud, software, and data and AI, the company empowers organizations to modernize, innovate, and unlock the full value of their technology investments. Headquartered in Switzerland, SoftwareOne is listed on the SIX Swiss Exchange and Euronext Oslo Børs under the ticker symbol SWON. Visit us at www.softwareone.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/softwareone-named-a-leader-in-the-2026-gartner-magic-quadrant-for-sam-managed-services-302919873.html

SOURCE SoftwareONE

Continue Reading

Technology

TrueLoyal® Appoints Erica Thompson as Head of Loyalty

Published

on

By

Longtime retail and loyalty expert will lead loyalty strategy and program services for TrueLoyal’s brand partners

SAN ANTONIO, Oct. 26, 2026 /PRNewswire/ — TrueLoyal®, the loyalty and advocacy platform for consumer brands, today announced the appointment of Erica Thompson as Head of Loyalty. Thompson will lead TrueLoyal’s loyalty strategy, customer retention architecture, and lifecycle engagement work as the company continues to help brands turn consumer loyalty into a dynamic growth engine.

TrueLoyal® names longtime retail and loyalty expert Erica Thompson as Head of Loyalty.

Thompson brings more than 20 years of leadership in customer relationship management (CRM), brand loyalty, and digital marketing strategy. Throughout her career, she has led data-driven loyalty programs and omnichannel customer experiences for leading consumer brands, including serving as a retail Chief Marketing Officer and as Senior Vice President at Stride Rite. She also advised retail clients as a consultant with loyalty agency Kobie Marketing, has advised brands through her firm, ACIRE Consulting Group, and held senior marketing roles at PetSmart, New York & Company, and HSN. Her background in behavioral analytics, tiered reward structures, and customer lifecycle engagement strengthens TrueLoyal’s ability to help brands design and run programs that perform.

“Brands have to earn loyalty through compelling, continuous experiences, and points and discounts alone won’t get them there,” said Jacek Materna, CEO of TrueLoyal. “Erica’s proven ability to build scalable loyalty engines and translate customer insights into genuine brand devotion makes her the perfect leader for our next chapter.”

“I’ve spent my career on the brand side of loyalty, and the programs I’m proudest of were the ones built around what customers actually cared about,” said Thompson. “That’s the work I want to keep doing. I’m here to roll up my sleeves with our brands, understand what their customers need, and help them build loyalty that’s worth something to both sides.”

At TrueLoyal, Thompson will lead the company’s enterprise loyalty frameworks, its Program Strategy and managed loyalty services, and cross-functional alignment across product and client strategy. Her appointment reflects TrueLoyal’s continued investment in loyalty expertise as the company grows with CPG and D2C hybrid brands.

About TrueLoyal

TrueLoyal® is a loyalty and advocacy platform that helps brands turn the customer experience into repeat purchases and long-term growth. Brands use Rewards to run their loyalty program and Fan Club™ to bring community and user-generated content together, all connected to the commerce systems they already use. TrueLoyal also offers services that range from Program Strategy to fully managed loyalty operations. Learn more at trueloyal.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/trueloyal-appoints-erica-thompson-as-head-of-loyalty-302919889.html

SOURCE TrueLoyal

Continue Reading

Technology

THE POWER HOUR™ LAUNCHED FROM TIKTOK HEADQUARTERS IN NEW YORK CITY WITH A BOLD MISSION: MOVE THE WORLD FOR ONE HOUR

Published

on

By

The Power Play Impact Fund and The Power Hour™ Began a 365-Day Global Countdown to an October 2027 Guinness World Records Attempt Turning Movement Into Impact for the Next Generation

NEW YORK, Oct. 26, 2026 /PRNewswire/ — What could happen if, for one hour, the world moved together?

Recently in New York City, The Power Hour™ and Power Play Impact Fund officially launched an ambitious global movement built around a remarkably simple idea: invite people everywhere to dedicate one hour to physical movement and turn that collective action into meaningful impact for youth and communities.

The announcement was made during an exclusive gathering hosted at TikTok Headquarters in New York City on the opening day of Advertising Week New York, bringing together professional athletes, business leaders, Family Offices, health and wellness leaders, innovators, and changemakers.

October 5 was day one of a 365-day global countdown. In October 2027, The Power Hour™ will bring people across countries, communities, companies, and cultures together for 60 synchronized minutes of physical movement as part of an ambitious Guinness World Records attempt. Think walk, run, dance, yoga: move the way you want. It is being built as an inclusive global movement rather than a traditional fitness event. Participation in the global movement is FREE, removing one of the barriers to joining.

The Founder and Visionary behind The Power Hour™and Power Play Impact Fund is Angella Goran. A former professional cyclist and world-class multi-sport athlete, she has built a career spanning entrepreneurship, technology, financial innovation, sport, and social impact. Her experience as an athlete and her belief in the lifelong opportunities created through sport, wellness, and community became the foundation for The Power Hour™.

“I’ve always believed that one hour of collective action can become the starting point for something that lasts far longer,” said Goran. “When millions of people around the world move together for 60 minutes, we create more than a record. We create lasting impact for youth and communities across physical, mental, nutritional and financial wellness.”

The Power Hour™is excited to partner alongside some incredible athletes such as:

Jerome Williams, former NBA Player, founder of Shooting for PeaceAngela Ruggiero, 4x Olympic Medalist, Founder of Sports Innovation Lab & Women’s Sports Club (acquired by GENIUS in 2026)The Gasol Foundation, Founded by Pau Gasol (6x NBA All-Star, 2x NBA Championship Winner, 3x OLY and Chair of IOC Athletes’ Commission)Dr. Jen Welter (1st NFL Female Coach/Player, 2x Gold Medalist Team USA, Founder of Grrridiron Girls Foundation & “The Day in the Life Of” event series)

The vision is to harness technology, social platforms, connected fitness, and community activations to transform millions of individual actions into one extraordinary collective moment. But breaking a record isn’t the ultimate goal. Creating impact is.

At the heart of The Power Hour™ is the Power Play Impact Fund, created to help raise awareness and funding for youth and community initiatives across four interconnected areas of wellness: physical, mental, nutritional, and financial. The Power Hour™ believes that movement belongs to everyone. There is no qualifying time. No required sport. No expectation of athletic ability.

The Uptown Agency in Dallas has partnered with The Power Hour™ to provide support on communications and other projects.

Just move.
ONE WORLD. ONE HOUR. ONE MOVEMENT.
The countdown starts now.

ABOUT THE POWER HOUR™

The Power Hour™ is a global movement and social-impact initiative created to unite people through 60 minutes of physical movement. Through sport, technology, community and collective action, The Power Hour™ aims to connect individuals, athletes, businesses and communities around the world while creating meaningful impact for the next generation. The inaugural global event is planned for October 2027 and will pursue a Guinness World Records attempt through synchronized participation around the world. To learn more, please visit https://www.powerhour.world/.

ABOUT POWER PLAY IMPACT FUND

The Power Play Impact Fund is the impact engine behind The Power Hour™, supporting a mission focused on investing in and donating to youth and community initiatives for physical, mental, nutritional, and financial wellness. Through partnerships, charitable giving, fundraising, and The Power Hour™ global movement, the initiative seeks to direct attention and resources toward programs that create greater opportunity, well-being, and accessibility for youth and communities. The Power Play Impact Fund operates with LOHAS as its fiscal sponsor administrator.

ABOUT THE UPTOWN AGENCY

The Uptown Agency is an award-winning, full-service marketing and branding partner dedicated to engineering differentiation through creative excellence and data-driven strategy. Recognized as a leader in brand growth, the agency combines industry-leading expertise in brand strategy, creative development, digital marketing, web development, and PR to deliver bespoke solutions that activate audiences and drive measurable results. The Uptown Agency is a true extension of client teams, prioritizing deep business understanding over templated approaches. Their work spans strategic brand overhauls, custom-coded web experiences, and high-impact campaigns that blend cultural relevance with technical precision. Explore their work at www.theuptownagency.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/the-power-hour-launched-from-tiktok-headquarters-in-new-york-city-with-a-bold-mission-move-the-world-for-one-hour-302919903.html

SOURCE The Power Hour

Continue Reading

Trending