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Global Micro Welding Market Size, Share and Forecast 2020-2026
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The global 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. Electronics and electrical companies rely on solutions that do not induce thermal effect and metal flash. The heat produced from gas tungsten arc (GTA) micro-welding doesn’t cause loss of hermeticity and thermal stress-induced cracking of the seals. Therefore, 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.
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Geographically, Asia-Pacific is estimated to witness potential growth during the forecast period. Significant manufacturing of electricals & electronics products and expansion of the medical device industry are the major factors contributing to the market growth in the region. As per the India Brand Equity Foundation (IBEF), production of electronics hardware in India rose from $31.1 billion in 2014 to $65.5 billion in 2019. Further, as per the Department for Promotion of Industry and Internal Trade (DPIIT), during the period, April 2000-March 2020, in the electronics sector, the inflow of foreign direct investment (FDI) stood at $2.8 billion. The increasing production of electronics products is driving the demand for micro-welding machines for potential metal joining of very thin or delicate components that cannot stand the heat of regular welding.
Global Micro Welding Market Segmentation
By Type
Micro Resistance Welding
Micro Pulse Arc Welding
Others (Laser Welding)
By Application
Electrical &Electronics
Medical
Automotive
Aerospace &Defense
Telecom
Others
Regional Analysis
North America
United States
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
Rest of Asia-Pacific
Rest of the World
Company Profiles
Elderfield& Hall, Inc.
Lincoln Electric Co.
Micro Arc Welding, Inc.
Micro Products Co.
Micro Weld India
O.R. Lasertechnologie GmbH
Shenzhen Riland Industry Co.,Ltd.
SoudaxEquipments
Spot Weld Inc.
SST Microwelding
Sunstone Engineering
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Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
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About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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