Added to the report “Spot Welding Equipment Market Size, market share, application analysis, regional forecast, growth trends, key players, competitive strategies and forecasts, 2020 to 2028” ResearchAndMarkets.com’s offering.
This report offers strategic insights of the global spot welding equipment market with a focus on market size and estimates for the period 2018 to 2028. That research study covers an analysis of several market segments based on product types, movement, material, application and cross-sectoral analysis across different regions. The study covers a comparative analysis of different segments for the years 2019 & 2028. The report also provides an overview of market dynamics such as market drivers, restraints, and opportunities.
Spot welding refers to a type of face welding where two or more metal sheets are joined together by applying heat and pressure to the appropriate area. This is achieved by the use of copper alloy electrodes that charge and deliver current (for heating) to the workplaces. In this process, welding is usually done at regular intervals on sheets that cross the metal to ensure that the workpieces are evenly connected. Spot welding is used primarily for bonding parts with a thickness up to 3 mm. One of the most obvious features of spot welding is that the process does not involve any filler material for the welding of the work pieces. This ensures very precise finished products with minimal contamination.
Spot welding is used across a wide range of applications including automotive, industrial manufacturing, aerospace, construction and many more. The most important factor driving the growth of the market is the steadily growing car industry across the globe. The automotive industry contributes to nearly 3 / 4ths of the total spot welding market. Therefore, as a result of expected steady growth across the global automotive sector, the spot spot welding market as a whole is expected to continue to see strong growth over the expected period. Another key feature contributing to the growth of the market is the advanced advantages of spot welding over other welding methods and conventional bonding methods such as cost efficiency, clean operation, simple work establishment and fast operation.
With the outbreak of the COVID-19 pandemic, a number of end-use industries such as aerospace, construction and industrial manufacturing, among others, suffered a major slowdown due to locking restrictions. In addition, due to economic uncertainty as a result of global lock-in stop a number of ongoing investments towards various construction and manufacturing projects have ceased. Thus, the total spot welding equipment market saw a major halt in the year 2020. However, with the slow lock-in constraints coupled with a number of government initiatives towards economic recovery, the demand for welding equipment is expected to pick up spot back from the beginning of 2022.
Companies mentioned
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AMADA AMERICA Inc.
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ARO SAS Welding Technologies
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DECA Spa
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Emerson Electric Company
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KRITON WELD EQUIPMENTS PVT. LTD.
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INTRAN
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Miller Electric Mfg. Co.
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Noble Industries Inc.
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Sintec Optronics Pte Ltd.
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TECHNAX Industrie
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TJ S.
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Vista business products
Other analyzes provided in the report include:
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Current and future market trends to justify the upcoming attractive markets within the spot welding equipment.
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Market fuels, market barriers, and their impact on market growth
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Market bias insights including evolution of welding methods and analysis of key trends for spot welding equipment market
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Competitive environmental analysis
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Slowing 2-year market size data (2018 – 2019)
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SRC (Segment-Region-Country) Analysis
Key topics covered:
Chapter 1 Introduction
Chapter 2 Executive Summary
Chapter 3 Market Dynamics
3.1 Introduction
3.1.1 Global Welding Equipment Market Revenue, 2018 – 2028, (US $ Mn)
3.2 Market Dynamics
3.2.1 Market drivers
3.2.2 Market barriers
3.2.3 Driver Impact Analysis and Restrictions
3.3 Attractive Investment Recommendation
Chapter 4 Market Bias Perspectives: Spot Welding Machine
4.1 Outlook
4.1.1 Impact on welding methods
4.1.2 Main Bias Study
Chapter 5 Global Spot Welding Equipment Market, by Type
5.1 Preview
5.2 Press Spot Welding
5.3 Butt spot welding
5.4 seal spot welding
5.5 spot projection welding
5.6 laser spot welding
Chapter 6 Global Spot Welding Equipment Market, Depending on Movement
6.1 Preview
6.2 Fixed Type
6.3 Portable Type
Chapter 7 Global Spot Welding Equipment Market, By Material
7.1 Preview
7.2 Steel
7.3 Aluminum and Alloys
7.4 Other
Chapter 8 Global Spot Welding Equipment Market, By Application
8.1 Automotive
8.2 Construction
8.3 industrial manufacturing
8.4 Aerospace
8.5 Railway
8.6 Electronics and Semiconductors
8.7 Other
Chapter 9 North American Welding Equipment Market Analysis
Chapter 10 European Spot Welding Machines Market Analysis
Chapter 11 Asia Pacific Welding Equipment Market Analysis
Chapter 12 World Spot Welding Machines (RoW) Market Analysis
Chapter 13 Company Profiles
For more information about this report, visit https://www.researchandmarkets.com/r/l5t4ln
See the source version on businesswire.com: https://www.businesswire.com/news/home/20210225005422/en/
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