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Global Stud Welding Machine Market Projected to Surpass $1.64 Billion by 2029 with 5.7% Annual Growth

02-07-2025 05:05 AM CET | Industry, Real Estate & Construction

Press release from: The Business Research Company

Stud Welding Machine Market Growth

Stud Welding Machine Market Growth

What Are the Market Size and Growth Forecast for the Stud Welding Machine Market?
In recent years, the stud welding machine market has seen substantial growth. The market size, which was $1.24 billion in 2024, is projected to increase to $1.32 billion in 2025, growing at a compound annual growth rate (CAGR) of 5.9%. The historical period's growth can be credited to factors such as construction and infrastructure project expansion, automotive manufacturing growth, rising demand for lightweight materials, strict quality and safety standards, and enlarged oil and gas exploration activities.

The market size of the stud welding machine is predicted to experience substantial growth in the upcoming years. The market is expected to accelerate to $1.64 billion by 2029, increasing at a compound annual growth rate (CAGR) of 5.7%. This predicted growth in the stated forecast period can be a result of an increase in renewable energy projects, heightened use in shipbuilding, emphasis on automation and integration with robotics, demand for fast and accurate welding, and the expansion of the aerospace manufacturing sector. Noticeable trends during the forecast period include innovation in welding materials technology, advancement in welding techniques, the rise in automation and integration, a surge in demand for high-speed welding, and technological progress in welding equipment.

What Is Contributing to the Growth of the Stud Welding Machine Market?
A surge in the construction industry is anticipated to fuel the expansion of the stud welding machine market. When referring to construction, it means the establishment of infrastructure like homes, factories, roads, and bridges. The use of stud welding machines in construction is prominent due to their speed, efficiency, and ability to create a secure and everlasting connection between materials. As an illustration, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported in June 2023 that the yearly adjusted rate of privately owned home starts in May 2023 was 1,631,000, a rise of 21.7% from the revised prediction of 1,340,000 in April 2023, and a 5.7% increase from 1,543,000 in May 2022. Additionally, the number of privately owned home completions in May 2023 reached 1,518,000 on a seasonally adjusted annual rate, marking a 5.0% increase from May 2022's rate of 1,446,000 and a 9.5% rise from the revised estimate of 1,386,000 in April 2023. Hence, the rising construction industry is propelling the stud welding machine market. Significant growth in the consumption of household commodities is set to contribute to the growth of the stud welding machine market. Household commodities include all the personal items found within a home, such as furniture, appliances, and other everyday essentials utilized for domestic purposes. Stud welding machines play a crucial part in manufacturing household goods like refrigerators, kitchen chimneys, and stoves. To illustrate, ConsumerAffairs, a consumer protection firm based in the US, noted in March 2024 that the household appliances revenue in the US increased from $57.94 billion in 2022 to $59.93 billion in 2023. This upsurge in household goods consumption is, therefore, influencing the expansion of the stud welding machine market.

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Which Key Market Leaders Are Driving Stud Welding Machine Industry Growth?
Major companies operating in the stud welding machine market report are Würth Group, Hilti Group, DAIHEN Corporation, Nelson Stud Welding Inc., STANLEY Engineered Fastening, Genesis Inc., Midwest Fasteners Inc., Hanlon Equipment Company, SINOARS Stud Welding Co. Ltd., TFP Corporation, ChangZhou Jinda Welding Material Co. Ltd., Koster & Co. GmbH, Stud Welding Products Inc., Image Industries Inc., ElectroArc Manufacturing Co., Keystone Fastening Technologies Inc., Cutlass Stud Welding, THOMAS Welding Systems, Sunbelt Stud Welding Inc., ProWeld International, Bolte GmbH, HBS Stud Welding, Heinz Soyer GmbH, Taylor Studwelding Systems Ltd., Cruxweld Industrial Equipment Pvt. Ltd.

What Are the Emerging Trends in the Stud Welding Machine Industry?
Leading firms in the stud welding machine market are shifting their emphasis towards creating energy-saving and interconnected stud welding devices, like the Tuck stud welding equipment, in an effort to boost their earnings. These energy-efficient connected stud welding devices are engineered to use minimal power while delivering top-notch welding outcomes. For example, Hilti North America, a construction tools enterprise based in the US, unveiled the FX 3-A Cordless stud fusion system in August 2023. This system dramatically decreases welding time and operates at a speed 75% faster than conventional welding machines. Additionally, it features an Active Fusion Indicator (AFI) which provides the installer with systematic, real-time feedback, aiding in the enhancement of fastening quality.

What Are the Main Segments in the Stud Welding Machine Market?
The stud welding machine market covered in this report is segmented -

1) By Type Of Arc Ignition: Capacitor Discharge Stud Welding, Drawn Arc Stud Welding
2) By Material: Steel, Aluminum, Copper, Brass
3) By Operation: Automatic, Semi-Automatic
4) By End-Use Industry: Automotive, Shipbuilding, Electric Goods, Construction, Farm, Other End-User Industries

Subsegments:
1) By Capacitor Discharge Stud Welding: Short Cycle Capacitor Discharge, Long Cycle Capacitor Discharge
2) By Drawn Arc Stud Welding: Regular Drawn Arc, Advanced Drawn Arc With Control Systems

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Which Geographic Area Leads the Stud Welding Machine Market?
Asia-Pacific was the largest region in the stud welding machine market in 2024. The regions covered in the stud welding machine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

What Is Covered In The Stud Welding Machine Global Market Report?

- Market Size Analysis: Analyze the Stud Welding Machine Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Stud Welding Machine Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Stud Welding Machine Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Stud Welding Machine Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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