Plasma Welding Machine Market Anticipated to Reach $1,851.7 Million by 2030
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The global plasma welding machines 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.
To strengthen the market position, competitors in the plasma welding machine market adopt strategic moves such as product launching, mergers, acquisitions, and market initiatives. For instance, in November 2019, SAF-FRO has launched heavy-duty Prestotig 200 AC/DC plasma welding machine, which is ideal for critical TIG welding applications with four wave patterns, pulse, and adjustable balance & offset. Hence, these innovations in machines are expected to positively impact the plasma welding machine market growth.
Key Market Players
Banner Welder, Inc.
Carl Cloos Schweisstechnik GmbH
Fronius International GmbH
Illinois Tools Works Inc
Technocrats Plasma Systems Private Limited
voestalpine Böhler Welding GmbH
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Key Market Segments
By Price Range
By Distribution Channel
Machinery & Equipment
Aerospace & Defense
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