Registering a CAGR of 4.5% over the forecast period of 2021-2026, the global plasma welding machine market value was US$ 1128.7 million in the year 2020.
Plasma Welding Machines market, Plasma welding is very similar to TIG welding as the arc is formed between a pointed tungsten electrode and the workpiece. However, by positioning the electrode within the body of the torch, the plasma arc can be separated from the shielding gas envelope. Plasma is then forced through a fine-bore copper nozzle which constricts the arc.
Plasma Welding Machines are the device used for Plasma welding. The major components of the machines are a power source, torch, ETC.
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Plasma Welding Machines Market is segmented based on the type, applications, companies and regions.
By Type, Plasma Welding Machines Market has been segmented into
The end user’s industry application on Plasma Welding Machines Market is,
The report offers in-depth assessment of the growth and other aspects of the Plasma Welding Machines Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
In 2020, based on region, Asia-Pacific, followed by Europe and North America, held the highest market share, contributing to more than two-fifths of the global plasma welding machine market, and is expected to dominate the market by 2030. The region is expected to manifest the highest CAGR of 5.3% from 2021 to 2030.
China, South Korea, Japan, India, Thailand, and many others in Asia-Pacific Region are the emerging hubs for plasma welding machines. The availability of labor and rise in industrialization propel the market growth.
Plasma Welding Machines Market highlights the potential growth opportunities in upcoming years, while reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape and other key aspects in the global market. The Global Plasma Welding Machines Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry. This Research Study compares the markets of Pre COVID-19 and Post COVID-19 with the impact of COVID-19 on the regional economy.
The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2021-2026. The report presents the analysis of Plasma Welding Machines Market for the historical period of 2017-2021 and the forecast period of 2021-2026.
The key insights of the report have been presented through the frameworks of Major Mergers & Acquisitions, Technological Innovations, and Role of Manufacturers during COVID19 Pandemic. Additionally, the major opportunities, trends, drivers and challenges of the industry has been analyzed in the report.
Reports Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 4.5% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | Fronius International, Colfax Corp. (Stuttgart :C52.SG), iShares MSCI Malaysia ETF (NYSEArca :EWM), Kjellberg, SAF, Schnelldorfer Maschinenbau GmbH |
Regions Covered | • North America • Europe • Asia-Pacific • Rest of the World |
Countries Covered | • US • Canada • Germany • France • UK • Italy • Spain • Rest of Europe • China • Japan • India • Australia • South Korea • Rest of Asia-Pacific • Middle East & Africa • Latin America |
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 122 |
Customization Available | Yes, the report can be customized as per your needs |
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
What is the study period of this market?
The Plasma Welding Machines Market is studied from 2017 - 2027.
Who are the key players in Plasma Welding Machines Market?
Fronius International, Colfax Corp. (Stuttgart :C52.SG), iShares MSCI Malaysia ETF (NYSEArca :EWM), Kjellberg, SAF, Schnelldorfer Maschinenbau GmbH, Duomu, Technocrats Plasma Systems Private, Electro Plasma, Tonks, Zhengda and others.
What are the significant types of Plasma Welding Machines Market?
Micro Plasma Welding Machines, Ordinary Plasma Welding Machines, Others.
What are the major end-use applications of the Plasma Welding Machines Market?
Machinery & Equipment, Aerospace & Defense, Automotive, Other.
What segments are covered in the Plasma Welding Machines Market report?
The Global Plasma Welding Machines Market is Segmented on the basic of Product, Application, and Geography.
How can I get a sample report/company profile for the Plasma Welding Machines Market?
The sample report for the Plasma Welding Machines Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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