Market Overview:
The global resistance spot 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 resistance spot welders from the automotive industry, heavy equipment industry, aerospace and defense industry, and other industries. The single-phase power frequency spot welder segment is expected to dominate the global resistance spot welding machines market during the forecast period owing to its low cost and easy operability. However, the three-phase low-frequency spot welder segment is projected to grow at a higher CAGR than that of single-phase power frequency spot welders during the forecast period due to its high performance and better weld quality.
Product Definition:
A resistance spot welding machine is a device used to join metal sheets by passing an electric current through the sheets, causing them to heat up and weld together.
Single-phase Power Frequency Spot Welder:
Single-phase power frequency spot welder is a tool used to weld small components at high speed and with high efficiency. It uses an electric current that fluctuates between zero and three phases, which are applied by the resistance welding machine. Single-phase power frequency spot welder has low noise level, less heat emission, higher arc intensity than conventional machines; all these factors make it suitable for manufacturing complex joints in various types of materials such as steel plate, aluminum plate or pipe material etc.
Three-phase Low-frequency Spot Welder:
Three-phase low-frequency spot welders are used to provide high speed, accuracy and superior quality welding in heavy industrial applications. They are mainly used for resistance spot welding machines. Resistance spot welders have been developed as a semi-automatic device that helps in producing spots of high heat on the base metal with the help of an electric arc.
Application Insights:
Automotive industry was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. Automotive spot welding process is used for joining automotive body panels, which include doors, hoods, roofs and flanks of vehicles. The spot welders are also used on commercial/government vehicles for repairs or maintenance operations as they can be deployed in limited space.
The aerospace industry requires precise positioning of large components during assembly or repair work on aircrafts. Resistance spot welding machines are widely used in this sector as well owing to their accuracy and precision required while assembling various parts together especially with complex geometries such as channels, pipes etcetera that fit precisely together without any gaps or spaces between them. In addition resistance welded joints also require less filler metal than other types of joints making it an ideal choice for use in the aviation industry among others where high-precision machine tools are required but not available locally thus driving its demand globally over the projected period of time.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in terms of revenue and is anticipated to grow at a CAGR exceeding 6% from 2018 to 2030. This growth can be attributed to increasing demand for resistance spot welding machines from countries such as China, India, Japan, South Korea, Taiwan among others.
The Asia Pacific market was followed by Europe which accounted for around 27% of the total revenue share in 2017 owing to high product penetration across several industries including automotive industry and heavy equipment manufacturing sector especially construction equipment manufacturing country like Germany has witnessed an increase in demand over recent years due rising population coupled with growing infrastructure activities mainly roadways construction projects that are likely trigger higher adoption rates thus propelling regional growth during the forecast period.
Growth Factors:
- Increasing demand for lightweight vehicles: The automotive industry is witnessing a shift towards the production of lightweight vehicles, in order to improve fuel efficiency. This is driving the demand for resistance spot welding machines, as they are essential for the assembly of lightweight cars and trucks.
- Growing popularity of electric vehicles: The popularity of electric vehicles is increasing rapidly due to their environmental benefits and low running costs. This is boosting the demand for resistance spot welding machines, as they are used extensively in the manufacture of electric vehicles.
- Rising investment in manufacturing sector: The global manufacturing sector is witnessing a surge in investment, owing to rising industrialization and urbanization across emerging economies. This is fueling the growth of the resistance spot welding machines market, as these machines are essential for various manufacturing processes such as metal fabrication and automobile production.
Scope Of The Report
Report Attributes
Report Details
Report Title
Resistance Spot Welding Machines Market Research Report
By Type
Single-phase Power Frequency Spot Welder, Three-phase Low-frequency Spot Welder
By Application
Automotive Industry, Heavy Equipment, Aerospace, Defense
By Companies
Lincoln Electric, Illinois Tool Works Inc, Fronius, Centerline (Windsor) Limited, Obara, ESAB, ARO Welding Technologies SAS, Ador, IDEAL, Amada Miyachi America, Inc., Chowel, DECA
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Resistance Spot Welding Machines Market Report Segments:
The global Resistance Spot Welding Machines market is segmented on the basis of:
Types
Single-phase Power Frequency Spot Welder, Three-phase Low-frequency Spot Welder
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
Automotive Industry, Heavy Equipment, Aerospace, Defense
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:
- Lincoln Electric
- Illinois Tool Works Inc
- Fronius
- Centerline (Windsor) Limited
- Obara
- ESAB
- ARO Welding Technologies SAS
- Ador
- IDEAL
- Amada Miyachi America, Inc.
- Chowel
- DECA
Highlights of The Resistance Spot 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:
- Single-phase Power Frequency Spot Welder
- Three-phase Low-frequency Spot Welder
- By Application:
- Automotive Industry
- Heavy Equipment
- Aerospace
- Defense
- 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 Resistance Spot 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
- 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?
Resistance spot welding machines are used to weld metal parts by using a small, high-frequency current that creates a hot spot on the part being welded. The resistance of the wire in the arc causes localized heat and pressure that melts and fuses the two pieces together.
Some of the key players operating in the resistance spot welding machines market are Lincoln Electric, Illinois Tool Works Inc, Fronius, Centerline (Windsor) Limited, Obara, ESAB, ARO Welding Technologies SAS, Ador, IDEAL, Amada Miyachi America, Inc., Chowel, DECA.
The resistance spot welding machines market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Resistance Spot Welding Machines Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Resistance Spot Welding Machines Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Resistance Spot Welding Machines Market - Supply Chain
4.5. Global Resistance Spot Welding Machines Market Forecast
4.5.1. Resistance Spot Welding Machines Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Resistance Spot Welding Machines Market Size (000 Units) and Y-o-Y Growth
4.5.3. Resistance Spot Welding Machines Market Absolute $ Opportunity
5. Global Resistance Spot Welding Machines Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Resistance Spot Welding Machines Market Size and Volume Forecast by Type
5.3.1. Single-phase Power Frequency Spot Welder
5.3.2. Three-phase Low-frequency Spot Welder
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Resistance Spot Welding Machines Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Resistance Spot Welding Machines Market Size and Volume Forecast by Application
6.3.1. Automotive Industry
6.3.2. Heavy Equipment
6.3.3. Aerospace
6.3.4. Defense
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Resistance Spot Welding Machines Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Resistance Spot Welding Machines Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Resistance Spot Welding Machines Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Resistance Spot Welding Machines Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Resistance Spot Welding Machines Demand Share Forecast, 2019-2026
9. North America Resistance Spot Welding Machines Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Resistance Spot Welding Machines Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Resistance Spot Welding Machines Market Size and Volume Forecast by Application
9.4.1. Automotive Industry
9.4.2. Heavy Equipment
9.4.3. Aerospace
9.4.4. Defense
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Resistance Spot Welding Machines Market Size and Volume Forecast by Type
9.7.1. Single-phase Power Frequency Spot Welder
9.7.2. Three-phase Low-frequency Spot Welder
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Resistance Spot Welding Machines Demand Share Forecast, 2019-2026
10. Latin America Resistance Spot Welding Machines Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Resistance Spot Welding Machines Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Resistance Spot Welding Machines Market Size and Volume Forecast by Application
10.4.1. Automotive Industry
10.4.2. Heavy Equipment
10.4.3. Aerospace
10.4.4. Defense
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Resistance Spot Welding Machines Market Size and Volume Forecast by Type
10.7.1. Single-phase Power Frequency Spot Welder
10.7.2. Three-phase Low-frequency Spot Welder
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Resistance Spot Welding Machines Demand Share Forecast, 2019-2026
11. Europe Resistance Spot Welding Machines Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Resistance Spot Welding Machines Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Resistance Spot Welding Machines Market Size and Volume Forecast by Application
11.4.1. Automotive Industry
11.4.2. Heavy Equipment
11.4.3. Aerospace
11.4.4. Defense
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Resistance Spot Welding Machines Market Size and Volume Forecast by Type
11.7.1. Single-phase Power Frequency Sot Welder
11.7.2. Three-phase Low-frequency Spot Welder
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Resistance Spot Welding Machines Demand Share, 2019-2026
12. Asia Pacific Resistance Spot Welding Machines Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Resistance Spot Welding Machines Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Resistance Spot Welding Machines Market Size and Volume Forecast by Application
12.4.1. Automotive Industry
12.4.2. Heavy Equipment
12.4.3. Aerospace
12.4.4. Defense
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Resistance Spot Welding Machines Market Size and Volume Forecast by Type
12.7.1. Single-phase Power Frequency Spot Welder
12.7.2. Three-phase Low-frequency Spot Welder
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Resistance Spot Welding Machines Demand Share, 2019-2026
13. Middle East & Africa Resistance Spot Welding Machines Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Resistance Spot Welding Machines Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Resistance Spot Welding Machines Market Size and Volume Forecast by Application
13.4.1. Automotive Industry
13.4.2. Heavy Equipment
13.4.3. Aerospace
13.4.4. Defense
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Resistance Spot Welding Machines Market Size and Volume Forecast by Type
13.7.1. Single-phase Power Frequency Spot Welder
13.7.2. Three-phase Low-frequency Spot Welder
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Resistance Spot Welding Machines Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Resistance Spot Welding Machines Market: Market Share Analysis
14.2. Resistance Spot Welding Machines Distributors and Customers
14.3. Resistance Spot Welding Machines Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Lincoln Electric
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Illinois Tool Works Inc
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Fronius
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Centerline (Windsor) Limited
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Obara
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ESAB
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ARO Welding Technologies SAS
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Ador
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. IDEAL
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Amada Miyachi America, Inc.
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Chowel
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. DECA
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
