Plasma Welding Machines Market Scope
Plasma arc welding (PAW) is an arc welding process. Plasma welding is used to make different type of hole. It is widely used for making key hole and non-key hole types of welds. This plasma welding machine strikes a plasma arc between the electrode and base material and uses it for welding. It is used in automotive and construction activities. This machine is used for welding micro plasma, medium current plasma and keyhole plasma. Increasing industrial expenditure of automotive and construction industry has created demand for plasma welding machine. Geographically, Asia pacific region is expected to grow with highest growth rate owing to increasing automobile and construction industrial expenditure in the region followed by North America and Europe.
The Plasma Welding Machines market study is segmented by Type (Microplasma Plasma Welding Machine, Medium Current Plasma Welding Machine and Keyhole Plasma Welding Machine) and major geographies with country level break-up.
The market of is Plasma Welding Machine expected to grow with rising demand for end use industry. Hence there are several companies are providing plasma welding machine with unique feature. Thus, the market is fragmented with the presence of market players. Additionally, many local vendors are also entering to market with excellent features which in turn impacting on the competitive rivalry.
Voestalpine Böhler Welding GmbH (Germany), United Pro Arc Corporation (Taiwan), Daihen Corporation (United States), MSB GmBh (Germany), Air Liquide SA (France), Arcraft Plasma(India), Panasonic Welding Systems Co. Ltd. (Japan), Weldlogic Inc. (United States), Rofin-Sinar Technologies Inc. (United States), Lincoln Electric Holdings Inc. (United States), ARCON Welding, LLC (India), Illinois Tool Works Inc. (United States) and Banner Welder Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are ACRO Automation Systems (United States) and Castolin Eutectic (Switzerland).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AMA Research has segmented the market of Global Plasma Welding Machines market by Type, Application and Region.
On the basis of geography, the market of Plasma Welding Machines 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).
In February 2021, Castolin Eutectic has launched a range of upgraded welding equipment. Compamy has launched CastoTIG 1611 Advance, XuperMIG 3000 PULSE, XuperMIG EnDOtec. This equipment’s are improved version of company’s existed portfolio. They are remotely controllable and it can be used for integrated up/down function. With this launch, company has strengthen its portfolio.
- Huge Demand for Automatic Plasma Welding Machine s
- Rising End Use Expenditure of Automotive, Construction and Aerospace Industries
- Growing Adoptions for Machines at Metal Processing’s
- Rising Industrial Inclination towards Less Manual involvement has Created Growth Opportunities
- Increasing Automation and Technological Advancements with Machine Learning
- Huge Investment Requirement for Setup and Manufacturing
- Lack of Technical Personnel Handling
- Negative Impact on Pandemic on End Use Industries like Automotive and Construction
Key Target AudiencePlasma Welding Machine Manufacturers, Plasma Welding Machine Suppliers/Distributors, Raw Material / Component Supplier, Regulatory Authorities, New Entrants/Investors, Strategic Business Planners, Governments and End Use Industry
Frequently Asked Questions (FAQ):
1. Is it possible to have certain customization in the study?
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a study that suits your business objectives.
2. How big is the Plasma Welding Machines Market?
Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2026.