DUBLIN--(BUSINESS WIRE)--The "Spot Welding Equipment Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2020 To 2028" report has been added to ResearchAndMarkets.com's offering.
This report offers strategic insights into the global spot welding equipment market with a focus on the market size and estimates for the duration 2018 to 2028. The said research study covers in-depth analysis of multiple market segments based on product types, mobility, material, application and cross-sectional study across different geographies. The study covers the comparative analysis of different segments for the years 2019 & 2028. The report also provides a prolific view on market dynamics such as market drivers, restraints, and opportunities.
Spot welding refers to a form of resistance welding wherein two or more metal sheets are joined together by applying heat and pressure to the concerned area. This is achieved using copper alloy electrodes that apply pressure and deliver current (for heating) to the workpieces. In this process, welds are typically made at regular intervals on overlapping sheets of the metal so as to ensure uniform joining of the workpieces. Spot welding is primarily used for joining parts having a thickness up to 3 mm. One of the most prominent aspects of spot welding is that the process does not include any filler material for welding the workpieces. This ensures highly precise finished products with minimal contamination.
Spot welding is used across a wide array of applications including automotive, industrial manufacturing, aerospace, construction and several others. The most significant factor fueling the market growth is the steadily growing automotive industry worldwide. The automotive industry contributes to nearly 3/4th of the total spot welding market. Thus, due to steady anticipated growth across the global automotive sector, the overall spot welding machines market is projected to continue witnessing robust growth throughout the forecast period. Another major factor contributing to the market growth is the superior advantages of spot welding technique over other welding and conventional joining methods such cost effectiveness, clean operation, simple working set-up and fast operation.
With the onset of the COVID-19 pandemic, numerous end-use industries such as aerospace, construction and industrial manufacturing, among others suffered tremendous slowdown on account of the lockdown restrictions. In addition, economic uncertainties resulting from the global lockdown resulted in halt of numerous ongoing investments towards various construction and manufacturing projects. Thereby, the overall spot welding equipment market witnessed a significant set-back in the year 2020. However, with relaxing lockdown restrictions coupled with various government initiatives towards reviving economies, the demand for spot welding equipment is expected to recover from the start of 2022.
Companies Mentioned
- AMADA AMERICA Inc.
- ARO Welding Technologies SAS
- DECA s.p.a.
- Emerson Electric Company
- KRITON WELD EQUIPMENTS PVT. LTD.
- INTRAN
- Miller Electric Mfg. Co.
- Noble Industries Inc.
- Sintec Optronics Pte Ltd.
- TECHNAX Industrie
- T. J. S
- Vista Industrial Products
Other in-depth analysis provided in the report includes:
- Current and future market trends to justify the forthcoming attractive markets within the spot welding equipment.
- Market fuellers, market impediments, and their impact on the market growth
- Market inclination insights including evolution of welding techniques and key trend analysis for spot welding equipment market
- In-depth competitive environment analysis
- Trailing 2-Year market size data (2018 - 2019)
- SRC (Segment-Region-Country) Analysis
Key Topics Covered:
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Market Dynamics
3.1 Introduction
3.1.1 Global Spot Welding Equipment Market Revenue, 2018 - 2028, (US$ Mn)
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Impact Analysis of Drivers and Restraints
3.3 Attractive Investment Proposition
Chapter 4 Market Inclination Insights: Spot Welding Machine
4.1 Overview
4.1.1 Evolution of Welding Techniques
4.1.2 Key Trends Analysis
Chapter 5 Global Spot Welding Equipment Market, By Type
5.1 Overview
5.2 Press Spot Welding
5.3 Butt Spot Welding
5.4 Seam Spot Welding
5.5 Projection Spot Welding
5.6 Laser Spot Welding
Chapter 6 Global Spot Welding Equipment Market, By Mobility
6.1 Overview
6.2 Fixed Type
6.3 Portable Type
Chapter 7 Global Spot Welding Equipment Market, By Material
7.1 Overview
7.2 Steel
7.3 Aluminum and Alloys
7.4 Others
Chapter 8 Global Spot Welding Equipment Market, By Application
8.1 Automotive
8.2 Construction
8.3 Industrial Manufacturing
8.4 Aerospace
8.5 Railways
8.6 Electronics and Semiconductors
8.7 Others
Chapter 9 North America Spot Welding Equipment Market Analysis
Chapter 10 Europe Spot Welding Machines Market Analysis
Chapter 11 Asia Pacific Spot Welding Equipment Market Analysis
Chapter 12 Rest of the World (RoW) Spot Welding Machines Market Analysis
Chapter 13 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/l5t4ln
