What is Wire Feeder Market?
The wire feeder is a system used to join metals during welding and soldering. This system is an advanced technological method composed of wire feeding mechanism, print motor, rotatable torch holder and wire spool shaft. Wire feeders have three main forms such as push system, pull system and push-pull system. In the push system, the wire is pushed by the wire feed drive rolls to the welding torch. In the pull system, a set of wire is being pulled from the roll of wire and the push-pull form is a combination of both the above system. The rising demand for manufacturing industries leads to the growth of wire feeder.
The market study is being classified by Type (Cold Wire Feeder and Electrode Wire Feeder), by Application (Aerospace, Automotive & Transportation, Energy & Power, Petrochemical and Others) and major geographies with country level break-up.
Mechafin AG (United Kingdom), ESAB Company (Switzerland), Norman Butter Company Ltd (United Kingdom), The Lincoln Electric Company (United States), CABLESPEED LIMITED (United States), GYS Manufacturing Company (France), Miller Electric Company (United States), Bernard Welding (United States), Dr. Fritz Faulhaber GmbH & Co. KG (Germany), Yaskawa Electric Corporation (Japan), Alexander Binzel Schweisstechnik GmbH & Co KG (Germany), DINSE G.m.b.H. (Germany), Orbitec GmbH (Germany) and TBi Industries (Czechia) are some of the key players profiled in the study.
Segment Analysis
Analyst at AMA have segmented the market study of Global Wire Feeder market by Type, Application and Region.
On the basis of geography, the market of Wire Feeder has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- The Rising Demand In Electronics And Telecommunication Industries Leads To The Growth In Wire Feeder
- Minimum Waste Of Raw Materials In Manufacturing Industries For Welding And Soldering
Market Trend
- The Growing Demand For Energy And Power Industry For Filler Metal For Creating A Brazed Or Soldered Joint
Restraints
- The Increasing Use Of Adhesives To Fix Metals Restraining The Growth Of Wire Feeder
Opportunities
- Growing Demand For Semi-Automatic Grade Wire Feeder
Challenges
- Incorrect Size Of Drive Roll May Leads To Poor Wire Feeding
In July 2019, Lincoln Electric Holdings, Inc., manufacturer of welding products, arc welding equipment, welding consumables, plasma, and oxy-fuel cutting equipment and robotic welding systems launched a portable industrial wire feeder named LN-25X with CrossLinc and True Voltage Technology specially designed for construction, pipe, metal fabrication, shipbuilding, and rental fleet applications. and In October 2018, Miller Electric Mfg. LLC, manufacturer of arc welding equipment launched the new Deltaweld 350 MIG welding power source and Intellx series wire feeders that help in a wide range of general manufacturing applications.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Wire Feeder Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End Use Industry