Key Trends in the Stud Welding Machine Market from 2022-2031

A stud welding machine assists in welding studs of different shapes and diameters onto the parent material. The basic stud welding machine working principle involves the joining of metal pieces together through the heating of both parts with an arc. Drawn arc stud welding and capacitor discharge stud welding are the two major methods of stud welding. Moreover, the availability of multiple types of stud welding equipment, such as stud gun welder, capacitor discharge stud welder, bolt stud welder, and stud spot welder, which are designed for multiple application purposes, is expected to propel the market. The global stud welding machine market is anticipated to expand at a notable growth rate during the forecast period due to significant growth of major industry verticals, such as shipbuilding, automotive, and construction, which increasingly demand the use of stud welding machines in their manufacturing process.

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Increase in Investments in Military Advancements and Rise in Use of Heavy Machinery to Fuel Stud Welding Machine Market

Countries across the world are gradually increasing their investments in military & defense advancements. This is anticipated to significantly drive the demand for stud welding machines, as a majority of military equipment require the use of welding to be functional. According to World Bank statistics, the U.S. spent US$ 778.23 Bn on its military in 2020, an increase from US$ 734.34 Bn in 2019. The market is estimated to be driven by a surge in utilization of heavy machinery in various industry verticals such as farming, mining, and construction. This can be ascribed to the extensive usage of welding in the manufacture of heavy machinery, thereby augmenting the demand for stud welding machines.

Increased Use of Stud Welding Machines in Shipbuilding and Joining Automobile Parts to Augment Stud Welding Machine Demand

Rise in usage of ships for transport of goods has been a major factor in driving global trade over the years. This is resulting in an increase in the use of stud welding machines in the shipbuilding industry and consequently, propelling the market. According to data presented by the Organization for Economic Co-operation and Development, in 2021 annual merchandise import and export of the G-20 countries witnessed a growth of 26.1% and 25.9%, respectively. Moreover, the automotive industry across the world still has a strong foothold in the global market, which is fueling the stud welding machine market. This is propelled by the high demand for welding machines to join each section of an automobile. As per data published by the International Organization of Motor Vehicle Manufacturers, in 2021, various countries witnessed growth in vehicle production, and the growth rates observed by these include Argentina at 69%, India at 30%, Brazil at 12%, and South Africa at 12%.

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Rise in Use of Short Cycle/Drawn Arc Welders in Major Industries to Boost Market

In terms of product type, the short cycle/drawn arc welder segment held a dominant share of the market. This can be ascribed to the massive usage of these welders in major industries, such as electronics, automotive, shipbuilding, and boiler construction, owing to its ability to withstand vibration resistance and failure or breakage. These attributes are estimated to boost the demand for short cycle/drawn arc welders significantly in the next few years.

High Preference for Easy-to-Handle Semi-automatic Welders Fueling Market

In terms of operation, the semi-automatic segment holds the leading market share. This is fueled by the large number of end-users who still prefer using semi-automatic welders owing to their ability to increase the accuracy of stud positioning, decrease spatial requirements, and reduce the stress of complicated handling, as users have full control of the studding process.

Regional Outlook of Global Stud Welding Machine Market

Asia Pacific held the largest share of around 38% and was the fastest growing market for stud welding machines in 2021. This can be ascribed to rapid industrialization driving the demand for stud welding machines in countries across the region, particularly in India, China, and Japan. Likewise, rising investments in infrastructural development is also boosting the demand of these machines. Europe and North America are prominent markets for stud welding machines and these regions held a significant share of the global market in 2021. Significant expansion of the automotive sector, notably in countries such as Germany, France, Italy, Spain, and Russia, is expected to fuel the demand for stud welding in Europe. Additionally, the booming construction industry in North America is augmenting the demand for various construction equipment, including stud welding machines. South America is a larger market for stud welding machines as compared to Middle East & Africa. Nevertheless, the market in Middle East & Africa is expected to grow considerably in the next few years owing to increasing investment in the development of public infrastructure in the region.

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Analysis of Key Players in Global Stud Welding Machine Market

Stud welding machine manufacturers are increasingly leveraging the increasing trend of automation of traditional manufacturing industries by boosting the production of automatic stud welding machines. This is expected to fuel the stud welding machine market. For instance, Mesh Automation, Inc. offers an automated stud welding system that possess the ability to monitor welding quality, weld extremely large and small objects with accuracy, and also weld on angled, curved, and vertical surfaces.

Key Developments in Global Stud Welding Machine Market

On September 27, 2021, Ivostud GmbH announced the acquisition of a stud welding brand, OBTEC. This acquisition is anticipated to assist OBTEC in reaching new heights.

On July 24, 2021, HBS Bolzenschweiss-Systeme announced the introduction of its new stud welding machine, called the Visar 1200. This product has the ability to weld steel, stainless steel, and aluminum and also has a USB port for loading and saving welding programs.

On August 3, 2020, Brand Safway announced that its software-driven stud welding machine received Underwriters Laboratories (UL) and Canadian Standards Association (CSA) Listing. Such recognition in advanced stud welding machines is likely to favor the market growth in the near future.

Each of these players has been profiled in the stud welding machine market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments in the stud welding machine.

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