Press release
Resistance Welding Machine Market – Geographic Segmentation & Competitive Landscape, Segmented by End-user - Growth, Trends, and Forecast 2018 - 2023
Resistance welding is a welding technology widely used in manufacturing industry for joining metal sheets and components. The weld is made by conducting a strong current through the metal combination to heat up and finally melt the metals at localized point(s) predetermined by the design of the electrodes and/or the work pieces to be welded. A force is always applied before, during and after the application of current to confine the contact area at the weld interfaces and, in some applications, to forge the work pieces.
The mainly product types of resistance welding machine include manual resistance welding machine, semi - automatic resistance welding machine and automatic resistance welding machine. Automatic resistance welding machine occupies the largest market based on revenue. The most important application of resistance welding machine is automobile industry, and the demand of resistance welding machine in automobile industry can directly affect the market development of resistance welding machine.
According to research, we forecast that the production of resistance welding machine will reach to 86.5 k units by 2021, keep 6.3% annual growth rate; and the revenue will be 1350 M USD.
Although resistance welding equipment industry brings a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
The worldwide market for Resistance Welding Machine is expected to grow at a CAGR of roughly 7.5% over the next five years, will reach 1700 million US$ in 2023, from 1100 million US$ in 2017
Global Resistance Welding Machine Market Key Players:
• ARO Technologies
• NIMAK
• Fronius International
• T. J. Snow
• Panasonic Welding Systems
• Taylor-Winfield
• Nippon Avionics
• CenterLine
• Daihen Corporation
• WPI Taiwan
• Milco
• TECNA
• Illinois Tool Works
• CEA
• Heron
• Guangzhou LN
• Shenzhen Juntengfa
• Guangzhou Zongbang
• PW Resistance Welding Products
• LORS Machinery
And More….
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Major classifications are as follows:
• Manual Resistance Welding Machine
• Semi - Automatic Resistance Welding Machine
• Automatic Resistance Welding Machine
Major applications are as follows:
• Automobile Industry
• Domestic Appliances Industry
• Aircraft Construction
• Other Application
Scope of the Resistance Welding Machine Market Report: This report focuses on the Resistance Welding Machine in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Europe is the largest production region of resistance welding machine currently, occupied 27% market share, and the production was about 15.9 k units in 2015. ARO Technologies, NIMAK and Fronius International are the major producers, and the top three companies’ occupied 16% market share based on production volume in 2015.
Region Segmentation:
• North America (USA, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Columbia etc.)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Report Coverage:
• Resistance Welding Machine market report provides comprehensive analysis of the market with the help of up-to-date market opportunities, overview, outlook, challenges, trends, market dynamics, size and growth, competitive analysis, major competitors analysis.
• Report recognizes the key drivers of growth and challenges of the key industry players. Also, evaluates the future impact of the propellants and limits on the market.
• Uncovers potential demands in the market.
• Resistance Welding Machine market report provides in-depth analysis for changing competitive dynamics
• Provides information on the historical and current market size and the future potential of the market.
Have any special requirement on above Resistance Welding Machine market report? Ask to our Industry Expert @ https://www.360marketupdates.com/enquiry/pre-order-enquiry/12471900
Key questions answered in the report:
• What will the market growth rate of Resistance Welding Machine market in 2023?
• What are the key factors driving the global Resistance Welding Machine market?
• Who are the key manufacturers in Resistance Welding Machine market space?
• What are the market opportunities, market risk and market overview of the Resistance Welding Machine market?
• What are sales, revenue, and price analysis by types and applications of Resistance Welding Machine market?
• What are sales, revenue, and price analysis by regions of Resistance Welding Machine industry?
The next part also sheds light on the gap between supply and consumption. Apart from the mentioned information, growth rate of Resistance Welding Machine market in 2022 is also explained. Additionally, type wise and application wise consumption tables and figures of Resistance Welding Machine market are also given.
360 market Updates is the credible source for gaining the market research reports that will exponentially accelerate your business. We are among the leading report resellers in the business world committed towards optimizing your business. The reports we provide are based on a research that covers a magnitude of factors such as technological evolution, economic shifts and a detailed study of market segments.
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