Market Overview:
The global micro welders 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 miniaturized and lightweight devices, rising adoption of micro welding in biomedical applications, and growing demand for micro welders in the automotive industry. Based on type, the global micro welders market is segmented into manual and automatic. The automatic segment is expected to grow at a higher CAGR than the manual segment during the forecast period from 2018 to 2030. This can be attributed to factors such as ease of use and higher efficiency offered by automatic micro welders as compared with manual ones. Based on application, the global micro welders market is divided into electronics industry, biomedical industry, auto industry, and others (including aerospace & defense sector). The electronics industry accounted for majority share of revenue generated by application segments in 2017 and this trend is projected continue duringthe forecast period from 2018to2030 owingto high demand form miniaturized devices across various end-use industries such as consumer electronics , industrial automation , automotive , etc .
Product Definition:
Micro welders are machines that use a very small welding electrode to produce a very small weld. The importance of micro welders is that they can be used to repair very small objects, such as jewelry or watch parts.
Manual:
The global manual welding equipment market size was valued at USD 2.5 billion in 2015 and is expected to witness significant growth over the forecast period owing to its increasing demand from automotive industry for repair & maintenance operations. The growing popularity of do-it-yourself (DIY) trend among consumers as a result of rapid digitalization is also anticipated to drive the market growth over the next seven years.
Automatic:
Automatic is a technology that makes the process of welding easier and more efficient. It helps in controlling the arc, which produces an electric current for heating metal to produce welds. The heat source can be an electric arc or gas combustion.
The automatic control system consists of sensors, switches, and circuits that regulate the power required to maintain temperature during welding and also monitors filler material usage etc.
Application Insights:
The electronics industry was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The growth of this industry can be attributed to increasing demand for micro welders from various sectors such as medical, telecommunication, consumer goods, etc. In addition, factors such as growing demand for small electronic devices due to rapid urbanization and changing lifestyles are likely to drive the product demand in this sector over the forecast period.
Micro welders have applications across several industries including automotive & transportation (AEV), aerospace & defense (A&D), biomedical & life sciences (B&L) and others which include food processing plants and paper mills among others. Increasing R&D activities by major players coupled with technological advancements are projected to fuel market growth across these application segments during the study period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for micro welders in countries such as China, India, and Japan. Asia Pacific held a significant share of more than 35% in 2016 and is expected to grow at a CAGR of XX% from 2017 to 2030 owing to rapid industrialization along with growing infrastructure activities in this region will drive the demand further.
Europe was valued at USD X million in 2016.
Growth Factors:
- Increasing demand for miniaturization in electronic devices
- Growing popularity of micro welding for medical device manufacturing
- Rising demand from the automotive industry for micro welding applications
- Proliferation of 3D printing technology and its growing adoption in various industries
- Increasing research and development investments for the advancement of micro welding technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Micro Welders Market Research Report
By Type
Manual, Automatic
By Application
Electronics Industry, Biomedical, Auto Industry, Others
By Companies
Sunstone, Soudax, MUNSCH Plastic Welding Technology, Miller Weldmaster, Rocklin, SST Microwelding, LaserStar, PowerStream, Micro Welding Equipment, Creation Medical Laser, Sunstone, Miller, ARGOFILE JAPAN LIMITED
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
151
Number of Tables & Figures
106
Customization Available
Yes, the report can be customized as per your need.
Global Micro Welders Market Report Segments:
The global Micro Welders market is segmented on the basis of:
Types
Manual, Automatic
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
Electronics Industry, Biomedical, Auto Industry, Others
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:
- Sunstone
- Soudax
- MUNSCH Plastic Welding Technology
- Miller Weldmaster
- Rocklin
- SST Microwelding
- LaserStar
- PowerStream
- Micro Welding Equipment
- Creation Medical Laser
- Sunstone
- Miller
- ARGOFILE JAPAN LIMITED
Highlights of The Micro Welders 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:
- Manual
- Automatic
- By Application:
- Electronics Industry
- Biomedical
- Auto Industry
- Others
- 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 Welders 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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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 welders are small, portable machines that use a welder's torch to join metals. They're used for welding small pieces of metal together quickly and easily.
Some of the major players in the micro welders market are Sunstone, Soudax, MUNSCH Plastic Welding Technology, Miller Weldmaster, Rocklin, SST Microwelding, LaserStar, PowerStream, Micro Welding Equipment, Creation Medical Laser, Sunstone, Miller, ARGOFILE JAPAN LIMITED.
The micro welders 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 Welders 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 Welders Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Micro Welders 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 Welders 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 Welders Market Size & Forecast, 2018-2028
4.5.1 Micro Welders Market Size and Y-o-Y Growth
4.5.2 Micro Welders Market Absolute $ Opportunity
Chapter 5 Global Micro Welders 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 Micro Welders Market Size Forecast by Type
5.2.1 Manual
5.2.2 Automatic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Micro Welders 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 Micro Welders Market Size Forecast by Applications
6.2.1 Electronics Industry
6.2.2 Biomedical
6.2.3 Auto Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Micro Welders 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 Welders 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 Micro Welders Analysis and Forecast
9.1 Introduction
9.2 North America Micro Welders 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 Micro Welders Market Size Forecast by Type
9.6.1 Manual
9.6.2 Automatic
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 Micro Welders Market Size Forecast by Applications
9.10.1 Electronics Industry
9.10.2 Biomedical
9.10.3 Auto Industry
9.10.4 Others
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 Micro Welders Analysis and Forecast
10.1 Introduction
10.2 Europe Micro Welders 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 Micro Welders Market Size Forecast by Type
10.6.1 Manual
10.6.2 Automatic
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 Micro Welders Market Size Forecast by Applications
10.10.1 Electronics Industry
10.10.2 Biomedical
10.10.3 Auto Industry
10.10.4 Others
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 Micro Welders Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Micro Welders 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 Micro Welders Market Size Forecast by Type
11.6.1 Manual
11.6.2 Automatic
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 Micro Welders Market Size Forecast by Applications
11.10.1 Electronics Industry
11.10.2 Biomedical
11.10.3 Auto Industry
11.10.4 Others
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 Micro Welders Analysis and Forecast
12.1 Introduction
12.2 Latin America Micro Welders 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 Micro Welders Market Size Forecast by Type
12.6.1 Manual
12.6.2 Automatic
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 Micro Welders Market Size Forecast by Applications
12.10.1 Electronics Industry
12.10.2 Biomedical
12.10.3 Auto Industry
12.10.4 Others
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) Micro Welders Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Micro Welders 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) Micro Welders Market Size Forecast by Type
13.6.1 Manual
13.6.2 Automatic
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) Micro Welders Market Size Forecast by Applications
13.10.1 Electronics Industry
13.10.2 Biomedical
13.10.3 Auto Industry
13.10.4 Others
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 Welders Market: Competitive Dashboard
14.2 Global Micro Welders Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sunstone
14.3.2 Soudax
14.3.3 MUNSCH Plastic Welding Technology
14.3.4 Miller Weldmaster
14.3.5 Rocklin
14.3.6 SST Microwelding
14.3.7 LaserStar
14.3.8 PowerStream
14.3.9 Micro Welding Equipment
14.3.10 Creation Medical Laser
14.3.11 Sunstone
14.3.12 Miller
14.3.13 ARGOFILE JAPAN LIMITED
