About Electric Welding Machine
Electric welding machines use an electrical current to produce high amounts of heat to fuse and melt metal components. In the early years of welding, electric welding machines were only used for industrial practices. With advances in modern technology, electric welders have become a tool for use in small businesses and homes. The sizes of electric welding machines have also changed over the years with some being as small as a twelve pack cooler and able to be used simply by plugging it into a wall socket. Electrical welding machines perform the same tasks no matter what size they are; they are used to melt pieces of metal in order to join them by creating a weld.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that Chinese Manufacturers will contribute the maximum growth to Global Electric Welding Machine 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.
Lincoln Electric (United States), EASB (United States), Kemppi (Finland), Kaierda (China), Panasonic (Japan), TAYOR (United Kingdom), OTC (Thailand), KENDE (China), WTL (China) and MEALER (China) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Wuxi Zhouxiang Complete Set of Welding Equipment Co., Ltd. (China) and Nas Toa Welding Technology Co., Ltd. (Japan).
Segmentation Overview
AMA Research has segmented the market of Global Electric Welding Machine market by Type (MIG Welding, TIG Welding and Stick Welding), Application (Automobile Industry, Shipping Industry, Equipment Manufacturing Industry and Other) and Region.
On the basis of geography, the market of Electric Welding Machine 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:
Automatic Welding and Automation in Welding
Market Growth Drivers:
Rising Demand for Electric Welding Machine from Shipping Industry, Fueling Automotive Manufacturing Industry across the Globe and Increasing Need for Accuracy and Precision in Welding New Metals
Challenges:
Assessment of the Welding Workforce
Restraints:
Labor Costs and Availability in Developed Countries
Opportunities:
Increasing Demand from Emerging Economies
Market Leaders and their expansionary development strategies
2023 - DAIHEN CORPORATION, a globally leading provider of welding and roboFcs technologies,has acquired Fon of LORCH, a renowned welding equipment company based in Germany, Auenwald. This strategic acquisition Fon marks a milestone in the history of both companies and opens exciFng opportuniFes for long-term growth and collaboraFon. The decision to acquire is seen by both sides as the perfect partnership for long-term expansion in Europe.
In October 2022, Lincoln Electric introduces the POWER MIG® 211i MIG welder, the newest member of the Power MIG family of welding machines. The POWER MIG 211i welder is a straightforward, dependable 200-amp machine – for MIG, flux-cored, and spool gun welding – that you can depend on for just about any environment or application: the small shop, the farm, maintenance, and repair work and more.
Key Target Audience
Electric Welding Machine Manufacturers, Electric Welding Machine Sub Component Manufacturers, Electric Welding Machine Traders/Distributors, Electric Welding Machine Importer/Exporter, Regulatory Bodies, Industry Associations, End Users and Others
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.