Market Overview:
The global wire welding machine 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 wire welding machines from various end-use industries, such as transportation, construction, and agricultural fields. In addition, the increasing adoption of automatic and semi-automatic machines is also contributing to the growth of this market. Based on type, the global wire welding machine market can be segmented into automatic machines and semi-automatic machines. The automatic machines segment is expected to grow at a higher CAGR than that of semi-automatic machines during the forecast period from 2018 to 2030. This can be attributed to their high efficiency and accuracy in performing welds as compared with semi-automatic machines. Based on application, the global wire welding machine market can be divided into industrial area, transportation area, agricultural field, construction field and others segments. Among these segments, industrial area held majority share in 2017 owing to growing demand for welded products from various industries such as automotive & transportation equipment manufacturing; metal fabrication; machinery manufacturing; electrical & electronics equipment manufacturing etc.
Product Definition:
A wire welding machine is a device that uses an electric current to weld two pieces of metal together. Wire welding machines are used extensively in manufacturing and construction, where they are used to join metal parts together.
Automatic Machines:
Automatic machines are used to produce welds of various metals in different thicknesses and shapes. It is a process where the operator feeds material into the welding machine, which then produces a weld automatically without any human intervention. The automatic machines have several advantages over traditional welding techniques like stick welding and metal fabrication, as they can produce high quality welds with less labor involvement.
The global wire Welding Machine market size was valued at USD 885 million in 2016.
Semi-automatic Machines:
Semi-automatic machines are used in wire welding machine market on account of their ability to perform two or more consecutive operations without the need for operator's intervention. These types of machines are also known as semi-active or passive welding machines.
The major advantage offered by these products is that they can weld different types of metals in a wide range of thicknesses with good flexibility and accuracy.
Application Insights:
The construction field was the largest application segment in 2017 and is expected to witness significant growth over the forecast period. The increasing number of residential and commercial buildings across the globe is anticipated to boost product demand in this segment. In addition, rising urbanization projects such as smart cities project are likely to propel industry expansion over the coming years.
The agricultural field welding application has witnessed a rise in demand due to its wide scope of use for joining agricultural equipment components such as combine harvesters, tractors, combines mowers, planters & cultivators among others. In addition, it also finds applications in various other farm vehicles including forklifts and loaders among others which further boosts industry growth.
Regional Analysis:
Asia Pacific wire welding machine market is expected to grow at the highest CAGR of XX% from 2018 to 2030. This growth can be attributed to increasing foreign investments in developing countries such as China and India. For instance, Siemens opened a new office in Pune, Maharashtra, India for its energy division on December 11th 2017 under the brand name ‘Siemens Energy Automation’. The company aims to invest around USD X million by 2020 and employ about 400 people by 2021.
Growth Factors:
- Increasing demand for automobiles due to rising population and income levels in developing countries is expected to drive the growth of the wire welding machine market.
- The increasing use of lightweight materials in vehicles is also projected to fuel the demand for wire welding machines over the forecast period.
- Growing popularity of electric vehicles is also anticipated to boost the market growth as these vehicles require more number of welds as compared to traditional gasoline-powered cars.
- Rising investments in infrastructure development projects, especially in emerging economies, is expected to create opportunities for market players operating in the wire welding machine market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wire Welding Machine Market Research Report
By Type
Automatic Machines, Semi-automatic Machines
By Application
Industrial Area, Transportation Area, Agricultural Field, Construction Field, Others
By Companies
EVG, Schlatter, MEP Group, Schnell spa, Jiaoyang Welding Industries, Hebei Jiake Welding Equipment, Yizhou, IDEAL, AWM, Clifford Machines & Technology, EVG, TJK Machinery, RSTgroup, Sanyo, Eurobend GmbH, Progress Group, PRATTO SA, AGAPE Industrial, JIU TAI
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
124
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Wire Welding Machine Market Report Segments:
The global Wire Welding Machine market is segmented on the basis of:
Types
Automatic Machines, Semi-automatic Machines
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
Industrial Area, Transportation Area, Agricultural Field, Construction Field, 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:
- EVG
- Schlatter
- MEP Group
- Schnell spa
- Jiaoyang Welding Industries
- Hebei Jiake Welding Equipment
- Yizhou
- IDEAL
- AWM
- Clifford Machines & Technology
- EVG
- TJK Machinery
- RSTgroup
- Sanyo
- Eurobend GmbH
- Progress Group
- PRATTO SA
- AGAPE Industrial
- JIU TAI
Highlights of The Wire Welding Machine 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:
- Automatic Machines
- Semi-automatic Machines
- By Application:
- Industrial Area
- Transportation Area
- Agricultural Field
- Construction Field
- 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 Wire Welding Machine 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Wire welding machines are used to weld wire. They use a current of electricity to heat the wire until it melts and then fuses the two wires together.
Some of the major companies in the wire welding machine market are EVG, Schlatter, MEP Group, Schnell spa, Jiaoyang Welding Industries, Hebei Jiake Welding Equipment, Yizhou, IDEAL, AWM, Clifford Machines & Technology, EVG, TJK Machinery, RSTgroup, Sanyo, Eurobend GmbH, Progress Group, PRATTO SA, AGAPE Industrial, JIU TAI.
The wire welding machine 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 Wire Welding Machine 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 Wire Welding Machine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wire Welding Machine 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 Wire Welding Machine 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 Wire Welding Machine Market Size & Forecast, 2018-2028
4.5.1 Wire Welding Machine Market Size and Y-o-Y Growth
4.5.2 Wire Welding Machine Market Absolute $ Opportunity
Chapter 5 Global Wire Welding Machine 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 Wire Welding Machine Market Size Forecast by Type
5.2.1 Automatic Machines
5.2.2 Semi-automatic Machines
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Wire Welding Machine 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 Wire Welding Machine Market Size Forecast by Applications
6.2.1 Industrial Area
6.2.2 Transportation Area
6.2.3 Agricultural Field
6.2.4 Construction Field
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wire Welding Machine 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 Wire Welding Machine 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 Wire Welding Machine Analysis and Forecast
9.1 Introduction
9.2 North America Wire Welding Machine 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 Wire Welding Machine Market Size Forecast by Type
9.6.1 Automatic Machines
9.6.2 Semi-automatic Machines
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 Wire Welding Machine Market Size Forecast by Applications
9.10.1 Industrial Area
9.10.2 Transportation Area
9.10.3 Agricultural Field
9.10.4 Construction Field
9.10.5 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 Wire Welding Machine Analysis and Forecast
10.1 Introduction
10.2 Europe Wire Welding Machine 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 Wire Welding Machine Market Size Forecast by Type
10.6.1 Automatic Machines
10.6.2 Semi-automatic Machines
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 Wire Welding Machine Market Size Forecast by Applications
10.10.1 Industrial Area
10.10.2 Transportation Area
10.10.3 Agricultural Field
10.10.4 Construction Field
10.10.5 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 Wire Welding Machine Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Wire Welding Machine 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 Wire Welding Machine Market Size Forecast by Type
11.6.1 Automatic Machines
11.6.2 Semi-automatic Machines
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 Wire Welding Machine Market Size Forecast by Applications
11.10.1 Industrial Area
11.10.2 Transportation Area
11.10.3 Agricultural Field
11.10.4 Construction Field
11.10.5 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 Wire Welding Machine Analysis and Forecast
12.1 Introduction
12.2 Latin America Wire Welding Machine 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 Wire Welding Machine Market Size Forecast by Type
12.6.1 Automatic Machines
12.6.2 Semi-automatic Machines
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 Wire Welding Machine Market Size Forecast by Applications
12.10.1 Industrial Area
12.10.2 Transportation Area
12.10.3 Agricultural Field
12.10.4 Construction Field
12.10.5 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) Wire Welding Machine Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Wire Welding Machine 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) Wire Welding Machine Market Size Forecast by Type
13.6.1 Automatic Machines
13.6.2 Semi-automatic Machines
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) Wire Welding Machine Market Size Forecast by Applications
13.10.1 Industrial Area
13.10.2 Transportation Area
13.10.3 Agricultural Field
13.10.4 Construction Field
13.10.5 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 Wire Welding Machine Market: Competitive Dashboard
14.2 Global Wire Welding Machine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 EVG
14.3.2 Schlatter
14.3.3 MEP Group
14.3.4 Schnell spa
14.3.5 Jiaoyang Welding Industries
14.3.6 Hebei Jiake Welding Equipment
14.3.7 Yizhou
14.3.8 IDEAL
14.3.9 AWM
14.3.10 Clifford Machines & Technology
14.3.11 EVG
14.3.12 TJK Machinery
14.3.13 RSTgroup
14.3.14 Sanyo
14.3.15 Eurobend GmbH
14.3.16 Progress Group
14.3.17 PRATTO SA
14.3.18 AGAPE Industrial
14.3.19 JIU TAI
