Market Overview:
The global resistance welding equipment 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 welding equipment from various end-use industries, such as automotive, electronic, steel and aerospace industries. In terms of type, the manual resistance welding equipment segment is expected to hold a major share of the global market during the forecast period. However, automatic resistance welding equipment is projected to grow at a higher CAGR than other types during the forecast period.
Product Definition:
Resistance welding is a process that uses electrical resistance to heat metal and then join it by pressing the pieces together. The equipment used for resistance welding includes power supplies, electrodes, clamps, and weld guns. Resistance welding is important because it is a relatively low-cost process that can produce strong welds. It is often used to join small parts or to weld thin sheets of metal.
Manual Resistance Welding Equipment:
The global manual resistance welding equipment market size was valued at USD 1.6 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The growth can be attributed to rising demand for heavy-duty equipment, especially from the automotive sector, which requires high-quality welds with low heat input & filler metal usage and short processing time.
Semi-Automatic Resistance Welding Equipment:
Resistance welding is one of the widely used techniques in various industries such as construction, automotive and transportation, heavy machinery manufacturing, shipbuilding and offshore exploration among others. The equipment used for resistance welding includes semi-automatic & automatic resistance welding equipment.
Semi-automatic resistance welding equipment has certain advantages over the conventional manual tools including high speed (above 30m/s), better control over large weld areas with reduced risk of burns & injuries along with improved safety.
Application Insights:
Automotive industry was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The automotive industry requires various components made using different types of metals and alloys. Some of these components are prone to corrosion if they are made from low-cost materials such as aluminum alloys, which can be easily damaged by welding. Thus, resistance welding plays a major role in joining these expensive metal parts together so that they can resist corrosion for a longer period.
Electronic industry is also anticipated to witness significant growth during the forecast period owing to rising demand for electronic products across the globe especially from China, India & South Korea due to high production volumes there.
Regional Analysis:
Asia Pacific was the largest regional 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 significant rate over the forecast period. This growth can be attributed to rising demand from various end-use industries such as automotive, electronics, construction, aerospace etc. In addition, increasing foreign investments coupled with favorable government policies are expected to drive industry expansion over the coming years.
The Middle East & Africa (MEA) resistance welding equipment market is projected to witness substantial growth during the forecast period owing to rapid development taking place across several sectors including oil & gas sector which accounts for major part of this region’s economy along with other industries such as construction.
Growth Factors:
- Increasing demand for lightweight and fuel-efficient vehicles
- Growing automotive industry in developing countries
- Rising demand for electric vehicles
- Proliferation of automated welding systems
- Technological advancements in resistance welding equipment
Scope Of The Report
Report Attributes
Report Details
Report Title
Resistance Welding Equipment Market Research Report
By Type
Manual Resistance Welding Equipment, Semi-Automatic Resistance Welding Equipment, Automatic Resistance Welding Equipment
By Application
Automotive Industry, Electronic Industry, Steel Industry, Aerospace Industry, Others
By Companies
ARO Welding Technologies, NIMAK, Fronius, Taylor-Winfield Technologies, CenterLine, Daihen, Welding Process Industrial, TECNA, Heron Intelligent Equipment, Shenzhen Juntengfa Welding Equipment, PW Resistance Welding Products
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Resistance Welding Equipment Market Report Segments:
The global Resistance Welding Equipment market is segmented on the basis of:
Types
Manual Resistance Welding Equipment, Semi-Automatic Resistance Welding Equipment, Automatic Resistance Welding Equipment
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, Electronic Industry, Steel Industry, Aerospace 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:
- ARO Welding Technologies
- NIMAK
- Fronius
- Taylor-Winfield Technologies
- CenterLine
- Daihen
- Welding Process Industrial
- TECNA
- Heron Intelligent Equipment
- Shenzhen Juntengfa Welding Equipment
- PW Resistance Welding Products
Highlights of The Resistance Welding Equipment 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 Resistance Welding Equipment
- Semi-Automatic Resistance Welding Equipment
- Automatic Resistance Welding Equipment
- By Application:
- Automotive Industry
- Electronic Industry
- Steel Industry
- Aerospace 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 Resistance Welding Equipment 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 welding equipment is a type of welding equipment that uses an electric arc to create a weld. Resistance welding is often used when repairing or replacing metal parts.
Some of the key players operating in the resistance welding equipment market are ARO Welding Technologies, NIMAK, Fronius, Taylor-Winfield Technologies, CenterLine, Daihen, Welding Process Industrial, TECNA, Heron Intelligent Equipment, Shenzhen Juntengfa Welding Equipment, PW Resistance Welding Products.
The resistance welding equipment market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Resistance Welding Equipment 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 Welding Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Resistance Welding Equipment Market - Supply Chain
4.5. Global Resistance Welding Equipment Market Forecast
4.5.1. Resistance Welding Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Resistance Welding Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. Resistance Welding Equipment Market Absolute $ Opportunity
5. Global Resistance Welding Equipment 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 Welding Equipment Market Size and Volume Forecast by Type
5.3.1. Manual Resistance Welding Equipment
5.3.2. Semi-Automatic Resistance Welding Equipment
5.3.3. Automatic Resistance Welding Equipment
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Resistance Welding Equipment 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 Welding Equipment Market Size and Volume Forecast by Application
6.3.1. Automotive Industry
6.3.2. Electronic Industry
6.3.3. Steel Industry
6.3.4. Aerospace Industry
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Resistance Welding Equipment 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 Welding Equipment 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 Welding Equipment 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 Welding Equipment 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 Welding Equipment Demand Share Forecast, 2019-2029
9. North America Resistance Welding Equipment 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 Welding Equipment 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 Welding Equipment Market Size and Volume Forecast by Application
9.4.1. Automotive Industry
9.4.2. Electronic Industry
9.4.3. Steel Industry
9.4.4. Aerospace Industry
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Resistance Welding Equipment Market Size and Volume Forecast by Type
9.7.1. Manual Resistance Welding Equipment
9.7.2. Semi-Automatic Resistance Welding Equipment
9.7.3. Automatic Resistance Welding Equipment
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 Welding Equipment Demand Share Forecast, 2019-2029
10. Latin America Resistance Welding Equipment 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 Welding Equipment 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 Welding Equipment Market Size and Volume Forecast by Application
10.4.1. Automotive Industry
10.4.2. Electronic Industry
10.4.3. Steel Industry
10.4.4. Aerospace Industry
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Resistance Welding Equipment Market Size and Volume Forecast by Type
10.7.1. Manual Resistance Welding Equipment
10.7.2. Semi-Automatic Resistance Welding Equipment
10.7.3. Automatic Resistance Welding Equipment
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 Welding Equipment Demand Share Forecast, 2019-2029
11. Europe Resistance Welding Equipment 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 Welding Equipment 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 Welding Equipment Market Size and Volume Forecast by Application
11.4.1. Automotive Industry
11.4.2. Electronic Industry
11.4.3. Steel Industry
11.4.4. Aerospace Industry
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Resistance Welding Equipment Market Size and Volume Forecast by Type
11.7.1. Manual Resistance Welding Equipment
11.7.2. Semi-Automatic Resistance Welding Equipment
11.7.3. Automatic Resistance Welding Equipment
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 Welding Equipment Demand Share, 2019-2029
12. Asia Pacific Resistance Welding Equipment 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 Welding Equipment 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 Welding Equipment Market Size and Volume Forecast by Application
12.4.1. Automotive Industry
12.4.2. Electronic Industry
12.4.3. Steel Industry
12.4.4. Aerospace Industry
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Resistance Welding Equipment Market Size and Volume Forecast by Type
12.7.1. Manual Resistance Welding Equipment
12.7.2. Semi-Automatic Resistance Welding Equipment
12.7.3. Automatic Resistance Welding Equipment
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 Welding Equipment Demand Share, 2019-2029
13. Middle East & Africa Resistance Welding Equipment 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 Welding Equipment 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 Welding Equipment Market Size and Volume Forecast by Application
13.4.1. Automotive Industry
13.4.2. Electronic Industry
13.4.3. Steel Industry
13.4.4. Aerospace Industry
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Resistance Welding Equipment Market Size and Volume Forecast by Type
13.7.1. Manual Resistance Welding Equipment
13.7.2. Semi-Automatic Resistance Welding Equipment
13.7.3. Automatic Resistance Welding Equipment
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 Welding Equipment Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Resistance Welding Equipment Market: Market Share Analysis
14.2. Resistance Welding Equipment Distributors and Customers
14.3. Resistance Welding Equipment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ARO Welding Technologies
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. NIMAK
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. Taylor-Winfield Technologies
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. CenterLine
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Daihen
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Welding Process Industrial
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. TECNA
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Heron Intelligent Equipment
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Shenzhen Juntengfa Welding Equipment
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. PW Resistance Welding Products
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
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