The global welding transformer market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market is driven by the increasing demand for welding transformers in various industries such as automotive, shipping, and equipment manufacturing industries. Welding transformers are used in various applications such as arc welding and resistance welding which are widely used in various industrial sectors such as automotive industry, shipping industry, and equipment manufacturing industry.
High frequency welders are used for arc welding which is one of the most common types of electric arc processes that use an electric current to create an electric arc between two electrodes to melt metal pieces together or weld them with filler material (metal). Arc welding can be done manually or automatically with a machine called an electrode holder or torch that holds the electrode at a fixed distance from the workpiece while it moves along its surface; this process can be done either manually or automatically with a machine called an electrode holder or torch that holds the electrode at a fixed distance from the workpiece while it moves along its surface. Arc-welding machines have been developed for both manual and automatic operation; these machines have been developed for both manual and automatic operation.
Intermediate frequency welders are used for resistance welding which is also known as spot-welding; this process uses heat generated by electrical current passing through metal sheets placed on top of each other so they fuse together without melting them into liquid form (which would require more energy). Resistance spot-welding has many advantages over other methods because it does not require any consumables like fluxes, gases, etc, nor does it produce any fumes during operation; these advantages make resistance spot-welding very popular among manufacturers who want to reduce their production costs without compromising on quality standards.
- The increasing demand for electricity in developing countries is driving the growth of the welding transformer market.
- The need to replace aging equipment is also driving the growth of this market.
- Increasing awareness about safety and environmental protection is also a factor that will drive the growth of this market in future years.
- The increasing use of renewable energy sources such as solar and wind power will also drive the growth of this market in future years, as these sources require more transformers to be installed on site than traditional power plants do, which are fueled by coal or gas-fired boilers that produce less heat per unit volume than other fuels do, so they require more transformers to compensate for their lower efficiency levels when converting heat into electricity;.
- Increasing demand from emerging economies such as China and India will also drive the growth of this market in future years.
Industry Growth Insights published a new data on “Welding Transformer Market”. The research report is titled “Welding Transformer Market research by Types (High Frequency, Intermediate Frequency, Low Frequency), By Applications (Automobile Industry, Shipping Industry, Equipment Manufacturing Industry, Others), By Players/Companies Siemens, ABB, General Electric, Crompton Greaves, Mitsubishi Electric, Hyundai Heavy Industries, Toshiba, Hyosung, Bharat Heavy Electricals, SPX Transformer Solutions, Schneider Electric”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Welding Transformer Market Research Report
By Type
High Frequency, Intermediate Frequency, Low Frequency
By Application
Automobile Industry, Shipping Industry, Equipment Manufacturing Industry, Others
By Companies
Siemens, ABB, General Electric, Crompton Greaves, Mitsubishi Electric, Hyundai Heavy Industries, Toshiba, Hyosung, Bharat Heavy Electricals, SPX Transformer Solutions, Schneider Electric
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Welding Transformer Market Report Segments:
The global Welding Transformer market is segmented on the basis of:
Types
High Frequency, Intermediate Frequency, Low Frequency
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
Automobile Industry, Shipping Industry, Equipment Manufacturing 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:
- Siemens
- ABB
- General Electric
- Crompton Greaves
- Mitsubishi Electric
- Hyundai Heavy Industries
- Toshiba
- Hyosung
- Bharat Heavy Electricals
- SPX Transformer Solutions
- Schneider Electric
Highlights of The Welding Transformer 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:
- High Frequency
- Intermediate Frequency
- Low Frequency
- By Application:
- Automobile Industry
- Shipping Industry
- Equipment Manufacturing 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 Welding Transformer 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?
A welding transformer is a device that helps welders connect electrodes to the welder. It also allows for smooth, consistent welding arcs and prevents electrode spatter.
Some of the major companies in the welding transformer market are Siemens, ABB, General Electric, Crompton Greaves, Mitsubishi Electric, Hyundai Heavy Industries, Toshiba, Hyosung, Bharat Heavy Electricals, SPX Transformer Solutions, Schneider Electric.
The welding transformer market is expected to grow at a compound annual growth rate of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Welding Transformer 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. Welding Transformer Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Welding Transformer Market - Supply Chain
4.5. Global Welding Transformer Market Forecast
4.5.1. Welding Transformer Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Welding Transformer Market Size (000 Units) and Y-o-Y Growth
4.5.3. Welding Transformer Market Absolute $ Opportunity
5. Global Welding Transformer 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. Welding Transformer Market Size and Volume Forecast by Type
5.3.1. High Frequency
5.3.2. Intermediate Frequency
5.3.3. Low Frequency
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Welding Transformer 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. Welding Transformer Market Size and Volume Forecast by Application
6.3.1. Automobile Industry
6.3.2. Shipping Industry
6.3.3. Equipment Manufacturing Industry
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Welding Transformer 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. Welding Transformer 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 Welding Transformer 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. Welding Transformer 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 Welding Transformer Demand Share Forecast, 2019-2029
9. North America Welding Transformer 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 Welding Transformer 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 Welding Transformer Market Size and Volume Forecast by Application
9.4.1. Automobile Industry
9.4.2. Shipping Industry
9.4.3. Equipment Manufacturing Industry
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Welding Transformer Market Size and Volume Forecast by Type
9.7.1. High Frequency
9.7.2. Intermediate Frequency
9.7.3. Low Frequency
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 Welding Transformer Demand Share Forecast, 2019-2029
10. Latin America Welding Transformer 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 Welding Transformer 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 Welding Transformer Market Size and Volume Forecast by Application
10.4.1. Automobile Industry
10.4.2. Shipping Industry
10.4.3. Equipment Manufacturing Industry
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Welding Transformer Market Size and Volume Forecast by Type
10.7.1. High Frequency
10.7.2. Intermediate Frequency
10.7.3. Low Frequency
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 Welding Transformer Demand Share Forecast, 2019-2029
11. Europe Welding Transformer 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 Welding Transformer 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 Welding Transformer Market Size and Volume Forecast by Application
11.4.1. Automobile Industry
11.4.2. Shipping Industry
11.4.3. Equipment Manufacturing Industry
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Welding Transformer Market Size and Volume Forecast by Type
11.7.1. High Frequency
11.7.2. Intermediate Frequency
11.7.3. Low Frequency
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 Welding Transformer Demand Share, 2019-2029
12. Asia Pacific Welding Transformer 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 Welding Transformer 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 Welding Transformer Market Size and Volume Forecast by Application
12.4.1. Automobile Industry
12.4.2. Shipping Industry
12.4.3. Equipment Manufacturing Industry
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Welding Transformer Market Size and Volume Forecast by Type
12.7.1. High Frequency
12.7.2. Intermediate Frequency
12.7.3. Low Frequency
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 Welding Transformer Demand Share, 2019-2029
13. Middle East & Africa Welding Transformer 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 Welding Transformer 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 Welding Transformer Market Size and Volume Forecast by Application
13.4.1. Automobile Industry
13.4.2. Shipping Industry
13.4.3. Equipment Manufacturing Industry
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Welding Transformer Market Size and Volume Forecast by Type
13.7.1. High Frequency
13.7.2. Intermediate Frequency
13.7.3. Low Frequency
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 Welding Transformer Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Welding Transformer Market: Market Share Analysis
14.2. Welding Transformer Distributors and Customers
14.3. Welding Transformer Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Siemens
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ABB
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. General Electric
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Crompton Greaves
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Mitsubishi Electric
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hyundai Heavy Industries
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Toshiba
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Hyosung
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Bharat Heavy Electricals
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. SPX Transformer Solutions
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Schneider Electric
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
