Market Overview:
The global micro plasma welding machines market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for micro plasma welding machines from various end-use industries, such as automotive, medical device, and others. In addition, technological advancements in micro plasma welding machines are also contributing to the growth of this market. Based on type, the global micro plasma welding machines market is segmented into 16 A current, 30 A current 50 A current and other segments. The 16 A current segment is expected to hold a major share of the global market during the forecast period owing to its low cost and easy operability.
Product Definition:
Micro plasma welding machines are used to create a weld between two pieces of metal. The machine uses a small amount of heat to create a spark that will fuse the two pieces together. This type of welding is ideal for smaller projects, as it is less expensive and easier to use than traditional welding methods.
16 A Current:
16 A current is the maximum amount of electricity that can be safely used in a welder without exceeding the temperature limitations set by the U.S. Department of Labor and Occupational Safety and Health Administration (OSHA). 16 A current is considered as low amperage welding equipment, which are used for metal fabrication applications such as pipe fitting, structural steel plate fabrications, etc.
30 A Current:
30 A current is the minimum average power needed to sustain a arc in micro-plasma welding machines. It is also known as mini or micro-plasma current and used for joining materials like metals, glass, plastics and other products which are usually thin like wires, sheets or rods. The high speed of the plasma makes it possible to heat up and reach different parts of the work piece with short time allowing better production rates.
Application Insights:
The thin plate welding segment dominated the global market in terms of revenue share in 2017. The growth can be attributed to increasing demand for automotive and industrial components. In addition, technological advancements have also paved way for the use of micro-sized consumables that are required to perform better on small parts. This has led to an increased adoption of this technology across various applications including automotive, aerospace and defense industry, medical devices manufacturing, etc.
Medical device is expected to be one of the fastest growing application segments over the forecast period owing to factors such as high precision requirements coupled with smaller size equipment and consumables that are used in this sector compared to other industries such as valve manufacturing or aerospace & defense industry which is a key factor contributing towards segment growth during the study period.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to growing demand for micro-arc welding machines from the automotive, aerospace and defense industries. The region is expected to witness a considerable growth rate over the forecast period owing to increasing use of these machines in various applications including medical devices, valves and pipes manufacturing as well as other industrial applications.
Asia Pacific is anticipated to register significant growth over the forecast period owing to rising demand for MAW equipment from several industries such as automotive, aerospace & defense, marine etc. In addition, increasing government initiatives towards adoption of green technologies are also likely boost regional product demand in near future.
Growth Factors:
- Increasing demand for miniaturization in electronic devices
- Growing popularity of micro plasma welding machines for medical applications
- Rising demand from the automotive industry for micro plasma welding machines
- Increasing use of micro plasma welding machines in the aerospace and defense sectors
- Proliferation of new applications for micro plasma welding machines
Scope Of The Report
Report Attributes
Report Details
Report Title
Micro Plasma Welding Machines Market Research Report
By Type
16 A Current, 30 A Current, 50 A Current, Other
By Application
Thin Plate Welding, Medical Device, Automotive, Valve, Pipes and Fitting, Other
By Companies
Arcraft Plasma, TONKS, Chengdu Hanyan Technology, Wuxi Dade Heavy Industry, Anhui Huasheng Electrical and Mechanical Equipment
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Micro Plasma Welding Machines Market Report Segments:
The global Micro Plasma Welding Machines market is segmented on the basis of:
Types
16 A Current, 30 A Current, 50 A Current, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Thin Plate Welding, Medical Device, Automotive, Valve, Pipes and Fitting, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Arcraft Plasma
- TONKS
- Chengdu Hanyan Technology
- Wuxi Dade Heavy Industry
- Anhui Huasheng Electrical and Mechanical Equipment
Highlights of The Micro Plasma Welding Machines Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 16 A Current
- 30 A Current
- 50 A Current
- Other
- By Application:
- Thin Plate Welding
- Medical Device
- Automotive
- Valve
- Pipes and Fitting
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Micro Plasma Welding Machines Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Micro Plasma Welding Machines are small, portable machines that use a high-energy beam to weld metal. They are used in a variety of applications, including manufacturing and repair.
Some of the major companies in the micro plasma welding machines market are Arcraft Plasma, TONKS, Chengdu Hanyan Technology, Wuxi Dade Heavy Industry, Anhui Huasheng Electrical and Mechanical Equipment.
The micro plasma welding machines market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Micro Plasma Welding Machines Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Micro Plasma Welding Machines Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Micro Plasma Welding Machines Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Micro Plasma Welding Machines Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Micro Plasma Welding Machines Market Size & Forecast, 2020-2028
4.5.1 Micro Plasma Welding Machines Market Size and Y-o-Y Growth
4.5.2 Micro Plasma Welding Machines Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 16 A Current
5.2.2 30 A Current
5.2.3 50 A Current
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Thin Plate Welding
6.2.2 Medical Device
6.2.3 Automotive
6.2.4 Valve
6.2.5 Pipes and Fitting
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Micro Plasma Welding Machines Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Micro Plasma Welding Machines Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 16 A Current
9.6.2 30 A Current
9.6.3 50 A Current
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Thin Plate Welding
9.10.2 Medical Device
9.10.3 Automotive
9.10.4 Valve
9.10.5 Pipes and Fitting
9.10.6 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 16 A Current
10.6.2 30 A Current
10.6.3 50 A Current
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Thin Plate Welding
10.10.2 Medical Device
10.10.3 Automotive
10.10.4 Valve
10.10.5 Pipes and Fitting
10.10.6 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 16 A Current
11.6.2 30 A Current
11.6.3 50 A Current
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Thin Plate Welding
11.10.2 Medical Device
11.10.3 Automotive
11.10.4 Valve
11.10.5 Pipes and Fitting
11.10.6 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 16 A Current
12.6.2 30 A Current
12.6.3 50 A Current
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Thin Plate Welding
12.10.2 Medical Device
12.10.3 Automotive
12.10.4 Valve
12.10.5 Pipes and Fitting
12.10.6 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 16 A Current
13.6.2 30 A Current
13.6.3 50 A Current
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Thin Plate Welding
13.10.2 Medical Device
13.10.3 Automotive
13.10.4 Valve
13.10.5 Pipes and Fitting
13.10.6 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Micro Plasma Welding Machines Market: Competitive Dashboard
14.2 Global Micro Plasma Welding Machines Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Arcraft Plasma
14.3.2 TONKS
14.3.3 Chengdu Hanyan Technology
14.3.4 Wuxi Dade Heavy Industry
14.3.5 Anhui Huasheng Electrical and Mechanical Equipment
