Press release
Plasma Welding Machine Market Anticipated to Reach $1,851.7 Million by 2030
Plasma Welding Machine Market
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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
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
voestalpine Böhler Welding GmbH
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Key Market Segments
By Control
Manual
Mechanized
By Price Range
Low
Medium
High
By Distribution Channel
Online
Offline
By End-User
Machinery & Equipment
Aerospace & Defense
Automotive
Others
By Region
North America
Europe
Asia-Pacific
LAMEA
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.
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