Market Snapshot:
Welding Transformers are used in AC machines to change alternating current from the power line into a low voltage, high current in the secondary winding. A combination of primary and secondary taps on the welding transformer are commonly used to provide a macro adjustment of the welding current, as well as adjustment of secondary voltage. Welding transformer is used in a welding machine to meet the high-power demand during welding.
Highlights from Welding Transformer Market Study
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Value (2028) | USD 1255.0 Million |
Unit | Value (USD Million) |
CAGR | 5.25% |
The key Vendors profiled in the report are Illinois Tool Works (United States), Trumpf (Germany), Arcon Welding Equipment (India), LincoIn Electric (United States), Daihen Corp. (Japan), Rofin Sinar Technologies (United States), Amada Co. (Japan), Messer Group (Germany), Siemens (Germany), TDK Corp. (Japan), Murata Manufacturing Co. (Japan) and ABB (Switzerland). Additionally, other players that are part of this comprehensive study are Delta Electronics (Taiwan), Colfax Co. (United States) and Others.
Geographic Breakdown and Segment Analysis
The Global Welding Transformer market presents a comprehensive analysis of the Welding Transformer market by product type (High Reactance, External Reactor and Integral Reactor), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Welding Transformer industry. Investors and Vendors can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Welding Transformer market
Analyst at AMA have segmented the market study of Global Welding Transformer market by Type, Application and Region.
Influencing Trend:
The compatible and light weight transformer designs
Market Growth Drivers:
Increasing development of global construction., Adopation of new material in welding purpose. and Increasing in development of heavy industries.
Challenges:
Safety regulation regarding welding labour
Restraints:
Stringent rules and regulation. and Lack of skilled labour
Opportunities:
Increasing advancement in technologies.
Market Developments Activities:
In November 2022, MTI announced acquisition of friction welding technologies Pvt. Ltd. The acquisition is the result of a successful multi- year partnership that was formalized in 2017 with a line of direct drive friction welding machines launched under the Spartan brand for MTI.
In September 2022, Trumpf launched a new solution at EuroBLECH 2022 to improve the quality and robustness of laser welding. BrightLine scan is another example of determination to offer industry relevant solutions by focusing on the needs of sheet metal fabricators. Tighter tolerance in the welding process mean less scrap, faster processing and lower costs.
Welding Transformer is highly competitive, with several key players dominating the industry. The market players are focused on developing a variety of features and benefits to meet the needs and preference of consumers. Thus, constantly introducing new innovation in processing to meet the changing needs and preference of consumers. The companies are also planning strategies activities like partnerships, merger, and acquisition which will help them to sustain in the market and maintain their competitive edge.
Key Target Audience
Welding Transformer Manufacturers, Welding Transformer Supplier, Regulatory Bodies, Potential Investors and Research and Development Institutes