Europe Micro Welding Market Size, Share & Trends Analysis Report, By Type (Micro Resistance Welding, Micro Pulse Arc Welding, and Others), By Application (Electrical & Electronics, Medical, Automotive, Aerospace & Defense, Telecom, and Others) and Forecast, 2020-2026.
Europe micro welding market is estimated to grow at a moderate CAGR during the forecast period. Significant production of motor vehicles is the major factor contributing to the market growth. As per the European Automobile Manufacturers Association (ACEA), 19.2 million motor vehicles were produced in the European Union in 2018, or some 20% of the 98.1 million motor vehicles produced across the globe. The presence of major automobile manufacturers such as BMW, Fiat Chrysler Automobiles, Daimler AG, Jaguar Land Rover, Ferrari, Volkswagen Group, and Volvo Cars, is the major factor for the significant production of vehicles in the region. This, in turn, is leading to the adoption of micro welding machines for combining stainless steel and metal parts during the manufacturing process.
Europe micro welding market is segmented on the basis of type and application. Based on the type, the market is segmented into micro resistance welding, micro pulse arc welding, and others. Further, on the basis of application, the market is segmented into electrical & electronics, medical, automotive, aerospace & defense, telecom, and others. The emergence of electronics has accelerated the need for the creation and repair of such products, which in turn, is leading the adoption of micro welding machines to achieve higher precision, durability, and flexibility. Further, geographically the report covers the analysis of the UK, Germany, Italy, Spain, France, and the Rest of Europe.
Some prominent players operating in the market include Fronius International GmbH, Soudax Equipment, Polysoude S.A.S., and SST Microwelding. The market players are focusing on expanding their range of micro welding products, which enables them to increase their market share and gain a competitive advantage. For instance, in April 2018, Fronius added three TIG welding devices to its hand-held welding device portfolio. These new devices named MagicWave 230i, 190 and TransTig 230i, are manageable and quiet and provides high-performance. Owing to the fast signal processors, these devices achieve precise current curves. These features make it possible to gain maximum arc stability with fewer noise emissions. Through intuitive menu guidance, the experts find the correct welding parameters in a few steps and can focus on their manual tasks.
Research Methodology:
The market study of the Europe micro welding market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity in the reports.
Secondary Sources Include:
The report is intended for electron beam welding machine manufacturers, raw material suppliers, contract manufacturers, distributors, traders, industry associates & experts, government organizations, and other market participants for overall market analysis. The report provides an in-depth analysis on market size, intended quality of the service preferred by consumers. It will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.
Market Segmentation:
The Report Covers:
Europe micro welding market is estimated to grow at a moderate CAGR during the forecast period. Significant production of motor vehicles is the major factor contributing to the market growth. As per the European Automobile Manufacturers Association (ACEA), 19.2 million motor vehicles were produced in the European Union in 2018, or some 20% of the 98.1 million motor vehicles produced across the globe. The presence of major automobile manufacturers such as BMW, Fiat Chrysler Automobiles, Daimler AG, Jaguar Land Rover, Ferrari, Volkswagen Group, and Volvo Cars, is the major factor for the significant production of vehicles in the region. This, in turn, is leading to the adoption of micro welding machines for combining stainless steel and metal parts during the manufacturing process.
Europe micro welding market is segmented on the basis of type and application. Based on the type, the market is segmented into micro resistance welding, micro pulse arc welding, and others. Further, on the basis of application, the market is segmented into electrical & electronics, medical, automotive, aerospace & defense, telecom, and others. The emergence of electronics has accelerated the need for the creation and repair of such products, which in turn, is leading the adoption of micro welding machines to achieve higher precision, durability, and flexibility. Further, geographically the report covers the analysis of the UK, Germany, Italy, Spain, France, and the Rest of Europe.
Some prominent players operating in the market include Fronius International GmbH, Soudax Equipment, Polysoude S.A.S., and SST Microwelding. The market players are focusing on expanding their range of micro welding products, which enables them to increase their market share and gain a competitive advantage. For instance, in April 2018, Fronius added three TIG welding devices to its hand-held welding device portfolio. These new devices named MagicWave 230i, 190 and TransTig 230i, are manageable and quiet and provides high-performance. Owing to the fast signal processors, these devices achieve precise current curves. These features make it possible to gain maximum arc stability with fewer noise emissions. Through intuitive menu guidance, the experts find the correct welding parameters in a few steps and can focus on their manual tasks.
Research Methodology:
The market study of the Europe micro welding market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity in the reports.
Secondary Sources Include:
- Financial reports of companies involved in the market
- Whitepapers, research-papers, and news blogs
- Company websites and their product catalog
The report is intended for electron beam welding machine manufacturers, raw material suppliers, contract manufacturers, distributors, traders, industry associates & experts, government organizations, and other market participants for overall market analysis. The report provides an in-depth analysis on market size, intended quality of the service preferred by consumers. It will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.
Market Segmentation:
- Europe Micro Welding Market Research and Analysis, By Type
- Europe Micro Welding Market Research and Analysis, By Application
The Report Covers:
- Comprehensive research methodology of the Europe micro welding market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the Europe micro welding market.
- Insights about market determinants which are stimulating the Europe micro welding market.
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of market players.
Table of Contents
1. Report Summary
2. Market Overview and Insights
3. Competitive Landscape
4. Market Determinants
5. Market Segmentation
6. Regional Analysis
7. Company Profiles
Companies Mentioned
A selection of companies mentioned in this report includes:
- Fronius International GmbH
- Kemppi Oy
- Lorch Schweißtechnik GmbH
- Newarc Ltd.
- O.R. Lasertechnologie GmbH
- Polysoude S.A.S.
- SoudaxEquipments
- SST Microwelding
- StürmerMaschinen GmbH
- Weldlogic Ltd.
