Resistance Welding Equipment Market: Introduction
Resistance welding equipment market is estimated to grow due to growing demand of resistance welding in automotive and manufacturing industries. Resistance welding equipment is utilized for the purpose of joining two or more metal sheets and components permanently. Resistance welding is one of the oldest type of electric welding. In the process, the weld is made by a combination of time, pressure and heat. There are many different types of resistance welding processes such as flash welding, percussion welding, projection welding, resistance spot welding etc. Resistance welding equipment have welding forces ranging from fractional pounds to over 1,000,000 pounds force and current output ranges from a few amperes to over 200,000 amperes. In Resistance welding, no flux is needed such as solder during the welding process, this is the reason that welded parts can be easily recycled. Moreover, spatter and ultraviolet rays are not generated which keeps the worksite neat and clean.
Resistance Welding Equipment Market: Market Dynamics
Increasing adoption rate of resistance welding in automotive and appliance industries for manufacturing process is one of the main factor fueling the growth of resistance welding equipment market. Resistance welding has many advantages as no training is required to improve the welder’s skill unlike in arc and gas welding, owing to easy operation. It is suitable for high volume production for low cost products in a short period of time. Subsequently, due to its short time duration, less heat is transferred over the non-work area of the work piece. Moreover, no filler metals or consumables are required for joining or welding of metal sheets & components and it is environment friendly clean process. These are some reasons which are anticipated to the growth of resistance welding equipment market during the forecast period.
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Resistance welding is more expensive than arc welding equipment. It is one of the key factor that can hamper the growth of resistance welding equipment market. Resistance spot welding has low fatigue & tensile strength and also have limited movement on assembly line. These are some other factors that hinder the growth of resistance welding equipment market. Furthermore, slow adoption of advanced welding technologies in the developing regions acts as restraint for the said market.
In current scenario, Semi-automatic and automatic resistance welding equipment are used by end use industry instead of manual resistance welding equipment, owing to easy operating and time saving facility. Steel industry is using the semi-automatic and automatic resistance welding equipment for manufacturing of pipe, tubing and smaller structural section. Among all end use industry, automotive industry is the prominent user of resistance welding equipment.
Resistance Welding Equipment Market: Segmentation
Resistance Welding Equipment Market can be segmented on the basis of automation level and End Use.
On the basis of automation level it can be segmented into:
- Manual Resistance Welding Equipment
- Semi – Automatic Resistance Welding Equipment
- Automatic Resistance Welding Equipment
On the basis of End Use it can be segmented into:
- Automotive Industry
- Electronic Industry
- Steel Industry
- Aerospace Industry
Resistance Welding Equipment Market: Regional Overview
Resistance welding equipment market in Western Europe is expected to grow with significant CAGR, owing to high number of automobile manufacturers. Asia Pacific excluding Japan is estimated to account prominent market share for resistance welding equipment market due to industrial growth observed in the emerging economies such as India and China during the forecast period. Japan is also estimated to hold significant market share, owing to growing electronic industry in the region. Moreover, North America is anticipated for the growth of resistance welding equipment market due to high adoption rate of advanced welding technologies. Resistance welding equipment market in Middle East and Africa is expected to grow with moderate rate in the upcoming year.
Resistance Welding Equipment Market: Market Participants
Examples of some of the market participants identified across the value chain of the global Resistance Welding Equipment Market includes:
- Langley Holdings PLC (ARO Welding Technologies SA)
- NIMAK GmbH
- Fronius International GmbH
- J. Snow
- Taylor-Winfield Technologies, Inc.
- CenterLine (Windsor) Limited
- Daihen Corporation
- Welding Process Industrial Co., Ltd
- TECNA S.p.A.
- Heron Intelligent Equipment Co.,Ltd
- Shenzhen Juntengfa Welding Equipment Co., Ltd
- PW Resistance Welding Products Ltd.
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The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.