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2021
Inverter Welder Market

Inverter Welder Market by Product Type (Manual Metal Arc (MMA), Metal Inert Gas (MIG)/ Metal Active Gas (MAG), Tungsten Inert Gas (TIG)), Application (High-Tech Industry, Heavy Industry, Light Industry): Global Opportunity Analysis and Industry Forecast, 2021–2030

A13618
Pages: NA
Dec 2021 | 160 Views
   
Author(s) : Onkar Sumant
Tables: NA
Charts: NA
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COVID-19

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Inverter welder is a welding equipment, with alternative current (AC) or direct current (DC) attached to it. A combination of both AC/DC inverters is also available in the welding machine. The inverter can be installed on almost any type of welding machine.

Inverters are portable and lightweight, making it easy to move them around the worksite. Along with that, inverters provide the best-quality, multi-welding techniques so that a single machine can handle stick, MIG, TIG, FCAW, arc pulsing, and even gouging.

Market Scope and Structure Analysis 

An inverter welding machine is a new technology that offers many advantages compared to conventional welders. Sophisticated silicon-based technology is used by inverter welders compared to heavy aluminum/copper rectifiers and transformers that are seen in traditional welders.

Another major advantage of the inverter welder is its size, which is small, compact, and practical and can be carried around like a small weight bag. Inverters use very small transformers which is why they are smooth, highly compact, lightweight, and portable. This is in stark contrast to the average mechanical burner that is notorious for not being able to fit into small spaces.

Report metric

Details

  Market size available for years

2020-2030

  Base year considered

2020

  Forecast period

2021–2030

  Forecast unit

Value(USD)

  Segments covered

  Product type, Application, and Region

 

  Regions covered

 

North America, Asia-Pacific, Europe, LAMEA

 

 

  Companies covered

Panasonic, Lincoln, Esab, OTC, Fronius, Miller, Migatronic, GYS, Sansha Electric, Auweld

 

COVID-19 Impact Analysis

  • COVID-19 has closed the manufacturing of many products in the inverter welder market due to the lockdown. This has hampered the growth of the inverter welder market from the last few months and is likely to continue during 2021.
  • COVID-19 has already impacted the sales of the inverter welder market in the first initial months of 2021 and it seems to decline the market growth throughout the year.
  • By 2020, COVID-19 impacted the inverter welder market, leading to a decline in the shipping of the products, as well as revenue received from them. Due to this, market growth diminished in the first half of 2020. 
  • The COVID-19 epidemic has had a devastating effect on inverter welder market prices. The US, China, India, and Japan, have been hit hard. These countries were the key players in the production and promotion of the products globally. Less demand for the product in manufacturing industries is expected to continue for an abbreviated period due to land recession. 
  • Dip in inverter welder market followed by a ban on international business between countries. North America and Europe have suffered huge losses in sales of new machines and service contracts related to the inverter welder market.

Top Impacting Factors

Inverter welder uses less energy and can work right now in ordinary homes. Low power consumption means the inverter welder can be connected to any standard 110v wall socket current for households instead of high power thus eliminate the need to use an industrial generator. This is in stark contrast to the average mechanical burner that is notorious for not being able to fit into small spaces. 

Low energy consumption means that there will be savings in total energy costs. In addition, the inverter welder will better absorb unhealthy energy from generators than conventional welders and this can lead to faster operations and fewer welds.

The Inverters' output power is computer-controlled, which makes a wide range of power adjustments from nil - 100% allowing to accurately measure specific needs of the customers. For example, in the case of MIG instruments sometimes setting 2 may mean insufficient power, and setting 3 may be excessive. This is where the inverter welder helps. The fact that the inverter welder is capable of operating at a low voltage current is due to the high technology components.

Market Trends

High-Precision Automated Plasma Systems with 600 and 800 AMP launched by ESAB Welding & Cutting Products in June 2021. With increased production when automatic cutting with plasma, its advanced types of 300-, 400- and 200-amp series plasma power with high-precision for double cutting output to 400, 600 or 800 amps, respectively. The new power, common to iSeries systems, requires the use of the same materials, connection kit, and compatible control software.

The ArcReach heating system is launched by Miller Electric Mfg LLC in Mar 2021. The new system is designed for jobsite weld preheating and bakeout in construction and pipe applications with temperature maximums of 600 degree Fahrenheit and 315 degree Celsius. ArcReach Heating Systems delivers combined weld heat and baking that is easy to use and much faster, safer, and less expensive than open flame or resistance systems.

Key Segments Covered

By Product Type

  • Manual Metal Arc (MMA)
  • Metal Inert Gas (MIG)/ Metal Active Gas (MAG)
  • Tungsten Inert Gas (TIG)

By Application

  • High-Tech Industry
  • Heavy Industry
  • Light Industry

By Region

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Rest of Asia- Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Key Benefits of the Report:

  • This study presents the analytical depiction of the inverter welder market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the inverter welder market.
  • The current market is quantitatively analyzed from 2020 to 2030 to highlight the inverter welder market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed inverter welder market based on competitive intensity and how the competition will take shape in the coming years.
 
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