What is Spot Welders Market?
A form of resistance welding, spot welding is one of the oldest welding processes whereby two or more sheets of metal are welded together without the use of any filler material. The process involves applying pressure and heat to the join area using molded alloy copper electrodes which deliver an electrical current through the weld pieces. The material melts, fusing the parts together at which point the current is turned off, pressure from the electrodes is maintained and the molten nugget solidifies to form the joint.
The market study is being classified, by Application (Automotive, Aerospace, Rail, Construction and Others) and major geographies with country level break-up.
TWI Ltd. (United Kingdom), TECNA S.p.A (Italy), ABB Robotics (Switzerland), Cemsa International S.R.L (Italy), Cea Costruzioni Elettromeccaniche Annettoni S.p.A. (Italy), ARO Welding Technologies SAS (France), Branson Ultrasonics (United States), Sonics & Materials, Inc. (United States) and TECHNAX (France) are some of the key players profiled in the study.
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. Research Analyst at AMA predicts that European Manufacturers will contribute to the maximum growth of Global Spot Welders market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Spot Welders market by Type, Application and Region.
On the basis of geography, the market of Spot Welders 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
- Growing Demand for Fast and Efficient Productivity in Automotive Manufacturing Industry
- Increasing Demand for Non-Contact Welding Medical Devices from the Healthcare Sector
Market Trend
- Surging Demand for Diode Laser Welder Machine
- The emergence of Automation in Laser Welding Machines
Restraints
- High Initial Investment Cost Involved with Laser Welder Machine Might Hinder the Market
- Safety Related Concerns Associated with Laser Welder
Opportunities
- Emerging Electic Vehicle Market is Boosting the Demand for Laser Welder
- Innovation in Laser Welding Technology
Challenges
- Absence of Highly Skilled Professionals to Operate Laser Welder
Key Target Audience
Manufacturers of Spot Welders, Suppliers of Spot Welders, Wholesalers, Distributors and Retailers of Spot Welders, Aerospace Industry, Automobile Industry, Electronic Manufacturers and Governmental Bodies