AMA recognizes the following companies as the key players who are driving Welding Power Supply market, some of them are AMADA HOLDINGS (Japan), Colfax (United States), Fronius (Austria), Illinois Tool Works, Lincoln Electric, MEAN WEL (Taiwan), TDK Lambda (Japan), Siemens (Germany), General Electric (United States) and XP Power (Singapore).

An analyst from AdvanceMarketAnalytics team said: “One of the key factors which is trending the market is “Adoption and use of laser welding technology is increasing rapidly”. Considering the revolutionary changes occurring in this market, there is a growing demand from the use of Welding Power Supply such as AC welding power supply, Capacitve discharge, Transistor, DC inverter welding power supply and AC inverter welding power supply.

According to the report, some of the important driving forces behind the market growth are “Growing demand from industries such as medical device technology, photovoltaics, and entertainment electronics”. The primary concern of any business is the reduction of the overall operating cost. The increased need for operating efficiency and meeting regulatory demands at the same time have become major challenges for the original Manufacturers, additional restraints impacting market are “Growing instances of error in case of very high temperatures” which is continuously seeking attention of Industry Experts and Decision makers.

The study was conducted using primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market study and vendor landscape in addition to a SWOT analysis of the key Manufacturers.

Available Customization: List of players that can be included in the study on immediate basis are Murata Power Solutions, Artesyn, Cosel (Japan) and MTM Power (Germany).