About Micro Welding Equipments
Welding is a fusion of the two workpieces of the surface to form one, is a precise, reliable, cost-effective and high tech method for joining material. Micro welding is a process that is specifically designed for the welding of small often delicate components. It is also known as precision welding. The process sets up the weld by depositing fine blobs of weld to the components to be fused. The process is performed on a miniature scale. The welding bead is .065 diameter and may even go as small as .005 mm in diameter.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
New regulation and standards may be imposed by the government to limit the industry energy use and environmental impact. To remain a player in the rapid change of technology, global, manufacturing environment of the future, U.S. welding industry is likely to adopt a flexible system of codes and standards. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Micro Welding Equipments market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Pro-Fusion (United States), OR Laser (Germany), Micro Arc (United States), Micro Products Company (United States), Micro Weld India (India), SST Microwelding (France), Riland (China), SpotWeld Inc. (United States), Lincon Electric (United States) and Sunstone (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Micro Welding Equipments market by Type (Pulsed Arc Welding Machines, Resistance Welding Machines and Other), Application (Jewellery Industry, Medical Devices, Electronics, Mold Maintenance and Other) and Region.
On the basis of geography, the market of Micro Welding Equipments 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).
Influencing Trend:
Technological Advancement in Weight Reduction of Car Body in Electric Vehicles and Improvement in the Electronic Circuits Manufacturing and Mold
Market Growth Drivers:
Maintenance Sector Impels the Need of Micro Welding, Increasing the Use of Automation & Robots, Growing Construction and Manufacturing Activity, Development in Information Technology and Government Policies in Various Regions Have Been Encouraging the Use of Fuel Cells
Challenges:
Finding an Appropriate Algorithm and Technique to Process the Data Generated By the Sensor, Lack of Skilled Labour and Operational Challenges in Ultrasonic Metal Welding
Restraints:
Requirement of Trained Professional and High Initial Cost of Investment
Opportunities:
Robust Technological and Product Development Attracting Number of Consumer
Market Leaders and their expansionary development strategies
In March 2023, voestalpine Böhler Welding Group GmbH launched Böhler Welding`s Crane & Lifting Full Welding Solution. The product helped the company to achieve 50% faster welding speed.
In February 2023, Miller Electric Mfg. LLC, a leading worldwide manufacturer of Miller brand arc welding equipment, has launched of the Copilot Collaborative Welding System. This all-Miller system is an entry-level cobot with advanced capabilities designed for shops and welders who are new to robotic welding and looking for ways to keep up with demand.
Key Target Audience
Manufacturers, Suppliers and Distributors, Venture Capitalists and Private Equity Firms, New Entrants/Investors, Strategic Business Planners, Government Regulatory, Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.