0
2021
Plasma Welding Machine Market

Plasma Welding Machine Market

by Control (Manual and Mechanized), Price Range (Low, Medium, and High), Distribution Channel (Online and Offline), and End User (Machinery & Equipment, Aerospace & Defense, Automotive, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030

Report Code: A08270
Pages: 285
Tables: 150
Charts: 60
  • Formats*:

  • pdf

    Single User License, Five User
    License & Enterprise User License

  • xls

    Data Pack Excel License

  • ppt

    It comes with the additional cost
    of $2500.00 contact sales.

 

Plasma Welding Machine Market Statistics-2030

The global plasma welding machine market size was valued at $1,128.7 million in 2020, and is projected to reach $1,851.7 million by 2030, registering a CAGR of 4.9% from 2021 to 2030.. The plasma welding method, also known as liquid state welding, involves the heating of workpiece by using hot ionized gases. The primary goal of plasma welding is to create a strong connection between two components. Welders deal with metal or thermoplastic and bond them together with a durable filler material. Plasma is employed across a wide range of industries, due to factors such as production volume, consistency, and minimal downtime.

The COVID 19 outbreak has affected the growth of the plasma welding machine industry owing to the lockdown measure in the countries and delay in manufacturing and production of plasma welding machines which are utilized in automotive, defense, aerospace, and other sector.

The global plasma welding machines market growth is driven by rise in need for technical advancements and automation, which will help in decreasing labor costs and increase quality control. Furthermore, high production capacity and lightweight design of micro plasma welding machines are anticipated to provide lucrative opportunities for the expansion of the global market during the forecast period. In comparison to other welding techniques, plasma welding is an effective and efficient procedure. However, the downturn in the automobile sector, on the other hand, is likely to act as a key challenge for the expansion of the plasma welding machine market.

Plasma-Welding-Machines-Market,-2021-2030

The novel coronavirus has rapidly spread across various countries and regions, causing enormous impact on lives of people and overall community. Originating as a crisis to human health, it now poses significant threat to worldwide trade, economy, and finance. The COVID-19 pandemic has halted production of plasma welding machines, due to the continuous lockdown in key countries. Market players can afford a complete lockdown only for a limited period, after which they would have to alter their investment plans. Furthermore, number of COVID-19 cases are expected to reduce in the near term as vaccine for COVID-19 has been introduced in the market. This is further expected to lead to re-initiation of plasma welding machine companies at their full-scale capacities, which would aid the market to recover by the start of 2022.

After COVID-19 infection cases start to decline, equipment and machinery producers must focus on protecting their staff, operations, and supply networks to respond to urgent emergencies and establish new methods of working.

Plasma Welding Machine Market
By Control

Your browser does not support the canvas element.

Manual segment is projected to grow at a significant CAGR

Get more information on this report : Request Sample Pages

In the plasma welding machine market, several firms are developing and launching new products. These new goods are more technologically sophisticated than their prior product line. These new goods work more efficiently and effectively, and they are extensively employed in the business. For instance, in May 2021, Kjellberg Finsterwalde has launched new cathodes, E042, F042, and G042 for plasma power sources. These cathodes can be used for stainless steel and aluminum from 1 to 6mm. Hence, these innovation in plasma welding machine equipment is expected to boost the market growth during the forecast period.

Micro plasma welding machines and plasma welding machines are two types of plasma arc welding devices. Micro plasma welding devices are capable of welding metal sheets ranging in size from 100 microns to 1 mm in thickness. Plasma welding equipment can weld metal sheets with thicknesses ranging from 100 microns to 5 millimeters. Hence, companies are launching high-speed welding machines, which help increasing the production volume. For instance, in April 2019, Migtronics, a Danish firm, introduced Pi Plasma, an improved version of the plasma welding equipment. This plasma welding equipment is available in two versions, pulsed and non-pulsed. Pi Plasma offers high-speed plasma welding as well as a high-quality completed product. As a result, finishing treatments after welding can be omitted. Therefore, these innovations in welding machines are expected to fuel the market growth during the forecast period.

Plasma Welding Machine Market
By End User

Your browser does not support the canvas element.

Auomotive segment holds dominant position in 2020

Get more information on this report : Request Sample Pages

The plasma welding machine market is segmented into control, price range, distribution channel, end user, and region. By control, the market is bifurcated into manual and mechanized. Depending on price range, it is categorized into low, medium, and high. On the basis of distribution channel, it is divided into online and offline.  As per end user, it is segregated into machinery & equipment, aerospace & defense, automotive and others. Region wise, the market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

Competition Analysis

Key companies profiled in the plasma welding machine market report include Air Liquide, Banner Welder, Inc., Carl Cloos Schweisstechnik GmbH, DAIHEN Corporation,  EWM, Fronius International GmbH,  Illinois Tools Works Inc, Panasonic Corporation,  Technocrats Plasma Systems Private Limited, and voestalpine Böhler Welding GmbH.

Plasma Welding Machine Market
By Region

2030
Asia-pacific 
North America
Europe
LAMEA

Asia-Pacific holds a dominant position in 2020 and is expected to grow at a significant rate during the forecast period.

Get more information on this report : Request Sample Pages

Key Benefits For Stakeholders

  • The report provides an extensive analysis of the current and emerging plasma welding machine market trends and dynamics.  
  • In-depth emerging plasma welding machine market analysis is conducted by constructing market estimations for key market segments between 2021 and 2030. 
  • Extensive analysis of the emerging plasma welding machine market is conducted by following key product positioning and monitoring of top competitors within the market framework.
  • A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
  • The global emerging plasma welding machine market forecast analysis from 2021 to 2030 is included in the report.
  • The key players within emerging plasma welding machine market are profiled in this report and their strategies are analyzed thoroughly, which help to understand the competitive outlook of the emerging plasma welding machine  industry. 

Plasma Welding Machine Market Report Highlights

Aspects Details
By CONTROL
  • Manual
  • Mechanized
By PRICE RANGE
  • Low
  • Medium
  • High
By DISTRIBUTION CHANNEL
  • Online
  • Offline
By END-USER
  • Machinery and Equipment
  • Aerospace and Defense
  • Automotive
  • Others
By Region
  • North America  (US, Canada, Mexico)
  • Europe  (Germany, France, UK, Italy, rest of Europe)
  • Asia-Pacific  (China, India, Japan, South Korea, rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
Key Market Players Panasonic Corporation, EWM AG, DAIHEN Corporation, Technocrats Plasma Systems Private Limited, Illinois Tool Works Inc., BANNER WELDER, INC., Carl Cloos Schweisstechnik GmbH, Air Liquide, voestalpine Böhler Welding GmbH, Fronius International GmbH
 

Loading Table Of Content...


 
 

Plasma welding is similar to tungsten inert gas (TIG) welding in that an arc is created between a pointed tungsten electrode and the workpiece. The plasma arc can be isolated from the shielding gas envelope by placing the electrode within the torch's body. The arc is then constrained by forcing plasma through a fine-bore copper nozzle. Plasma welding machines are primarily utilized in the industrial, equipment, aerospace, and military industries as well as in the automobile industry.

Electrically conducting materials are removed by plasma gouging. It is used to save time while grinding primary or secondary materials. In addition, it is utilized to cut down on operator training time and to spot or weld body panels made of strong steel for removal. Few market key players are improving their product portfolio by launching advanced technology of plasma welding machine. For instance, in July 2021, Voestalpine Bohler Welding launched energy saving plasma welding machine for high-quality MIG/MAG welding for automotive industry. This machine save 50% time consumption and 20% wire consumption. This Single Layer MIG Weld-Overlay enables the cladding of corrosion-resistant and hard surface metals by combining a revolutionary low dilution technique with high-quality welding consumables

Hence, these innovations in plasma welding machines are expected to provide efficiency in welding, Thus, these factors are expected to positively impact the market growth.

Purchase Options

Call or Email Us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : +44-845-528-1300
Email : help@alliedmarketresearch.com
 
Published Date :
Aug 2021
Author(s) : Priyanka K , Onkar S
FREQUENTLY ASKED QUESTIONS?

A. The plasma welding machine market size was valued at $1,128.7 million in 2020.

A. Based on control, the mechanized type holds the maximum market share of the plasma welding machine market in 2020.

A. The plasma welding machine market is projected to reach $1,815.7 million by 2030.

A. Rise in manufacturing and automotive industries is the key trend in the plasma welding machine market.

A. The product launch is key growth strategy of plasma welding machine industry players.

A. The company profile has been selected on factors such as geographical presence, market dominance (in terms of revenue and volume sales), various strategies and recent developments.

A. High Maintenance cost, and lack of skilled professionals are the effecting factors for plasma welding machine market.

A. The end users of plasma welding machine include in machinery & equipment, aerospace & defense, automotive and other industries.

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Sample
Related Tags

Purchase Full Report of
Plasma Welding Machine Market

Start reading instantly.
This Report and over 71,295+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,732
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
    (Aug 2022 - Aug 2023)
  • Data Pack
  • $4,147
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Aug 2022 - Aug 2023)
  • Single User
  • $5,800
  • Restricted to one authorized user
  • One print only
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Aug 2022 - Aug 2023)
  • Five Users
  • $6,966
  • Limited to five authorized users
  • Print upto five copies
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Aug 2022 - Aug 2023)
  • Enterprise
    License/PDF

  • $10,715
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Aug 2022 - Aug 2023)
  • Library
    Membership

  • $999 $ 1,175
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

Related Reports
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of the scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time for readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of the scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save the time of readers