About Fusion Machine
Fusion machine is used to join plastic pipe and fittings. It can be used to join various type of pipe including polypropylene, polyethylene, PVDF and ECTFE pipe. This machine heats up the ends of the pipe and forces them together to form the bond. There is two type of fusion machine gas fusion and electric fusion machine. Rising Demand Due to EF fittings for water and gas installations will help to expand the global fusion machine market.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
CAGR | 4.8% |
Fusion machine market is fragmented owing to a number of players present in the market. Fusion machine market is growing rapidly due to an application in laboratory and universities. Further, companies are focusing on technological developments for better user interface expected to generate lucrative opportunities for fusion machine manufactures. Analyst at AMA Research estimates that European Manufacturers will contribute the maximum growth to Global Fusion 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.
Spectris (United Kingdom), SPEX SamplePrep (United States), XRF Scientific (Australia), Fluxana (Germany), LGC (United Kingdom), Beijing ZX (China), Fusion Group Limited (United Kingdom), MCELROY (United States) and Caldervale Technology Ltd (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Ana Interventional Pvt Ltd. (India), XRF Scientific Americas Inc. (United States), Plasflow Limited (United Kingdom), Tecnodue S.r.l (Italy) and STP Acuster Group (Spain).
Segmentation Overview
AMA Research has segmented the market of Global Fusion Machine market by Type (Gas fusion Machine, Electrical fusion machine and Other), Application (Industrial Enterprises and Universities & Laboratories) and Region.
On the basis of geography, the market of Fusion 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). If we see Market by Sales Channel, the sub-segment i.e. Direct Sales will boost the Fusion Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
High Demand of Butt Fusion Machine and Rising Dependency on Electrical Fusion Machine in Laboratory
Market Growth Drivers:
Increasing Demand in Industrial Enterprises and Growing Demand Due to EF Fittings For Water and Gas Installations
Challenges:
The immense heat generated by fusion reactions needs to be effectively removed to prevent the machine from melting down
Restraints:
Lack of Skilled Workforce and Risky Procedure
Opportunities:
Fusion power offers a nearly limitless and emissions-free energy source, potentially reducing dependence on fossil fuels and combating greenhouse gas emissions.
Market Leaders and their expansionary development strategies
In December 2023, The Joint European Torus (JET) in the UK achieved a record level of sustained fusion energy, producing 59 megajoules of energy for five seconds. This is a major milestone on the path to developing commercially viable fusion power.
In July 2023, Eplus3D launched its new EP-M400 metal powder bed fusion machine, featuring a quad-laser system for faster and more efficient metal 3D printing.
Key Target Audience
Fusion Machine Manufactures, Technology Developers, Fusion Machine Distributors/ Suppliers, Industry Association, Private and Government Research Organizations, Government Regularity Bodies 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.