Press release
Surge In Aircraft Demand Ignites Growth In The Seam Welding Machine Market Driver: A Major Catalyst in the Evolution of the Seam Welding Machine Market in 2025
Which drivers are expected to have the greatest impact on the over the seam welding machine market's growth?The seam welding machine market is anticipated to experience growth as a direct result of the rise in aircraft demand. Aircrafts, which are vehicles made for air travel that stay aloft due to their interaction with air, utilizes seam welding machines extensively in their production. These machines are used to join metal sheets, create aircraft panels, and build fuel tanks. Boeing Co, a manufacturer of commercial airplanes, defense, space, and security systems based in the US, projected in June 2023 that global airplane delivery demand will rise annually by 3.5% to reach 48,575 deliveries by 2042 from 42,595 in 2023. Similarly, Airbus SE, a Netherlands-based aerospace enterprise, delivered 661 commercial aircraft to 84 customers in 2022 which indicates an 8% rise from the 611 units it sold in 2021 as per the data from January 2023. Hence, the climbing demand for aircraft is fueling the expansion of the seam welding machine market. A surge in the automobile industry is also predicted to drive the seam welding machine market. The automobile industry, which involves the designing, development, manufacture, marketing, and sale of motor vehicles like cars, trucks, motorcycles, and other vehicles, heavily employs seam welding machines. They are integral to the production of automotive components and structures. Vehicle parts such as chassis, body panels, exhaust systems, and fuel tanks are typically welded with these machines. For instance, December 2022 data released by the Indian-based Federation of Automobile Dealers Association (FADA), representing the Indian automotive retail industry, showed a 5.23% increase in the combined retail sales of all tractor brands to 78,563 units, up from 74,653 units in December 2021. Hence, the burgeoning automobile industry is driving the growth of seam welding machine market.
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What is the future CAGR of the seam welding machine market, and how will it impact industry expansion?
The market size for seam welding machines has been on a consistent upward trend in the past few years. The market's steady ascent is expected to continue, with projections of growth from $1.36 billion in 2024 to $1.42 billion in 2025, which equates to a compound annual growth rate (CAGR) of 4.7%. Factors contributing to the historical growth of the market include the influence of the industrial revolution, the emergence and expansion of the automotive and aerospace sectors, advancements in materials, regulatory standards and safety considerations, the requirement for high-caliber welds, and cost-effectiveness and productivity considerations.
The market for seam welding machines is anticipated to experience stable expansion in the upcoming years, with an anticipated valuation of $1.71 billion in 2029 and a compound annual growth rate (CAGR) of 4.7%. Reasons for this projected growth in the forecast period can be linked to advancements in supply chain optimization, increasing need for superior welds, the emergence of lightweight materials, the emphasis on employee safety and ergonomics, and global production growth. Notable trends for the forecast period encompass unique industry solutions, compatibility and handling of materials, a focus on safety attributes, the potential for remote monitoring and connectivity, as well as advancements in welding methodologies.
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What are the most significant trends transforming the seam welding machine market today?
Leading businesses within the seam welding machine market are introducing innovative technologies, like multiprocess welding systems, to establish a competitive advantage. Multiprocess welding systems, sometimes referred to as multiprocess welders or welding machines, are adaptable and consolidated welding apparatuses capable of executing multiple welding processes with a single device. For example, Fronius International GmbH, a photovoltaic producer based in Austria, unveiled their new iWave multiprocess welding system in March 2022. The iWave is a sophisticated, high-end series that sets new standards for quality, flexibility, and integration. It comes with a variety of advanced features and the ability to operate several processes concurrently. The power source it uses enables the creation of perfect weld seams on all weldable materials.
Which key market segments comprise the seam welding machine market and drive its revenue growth?
The seam welding machine market covered in this report is segmented -
1) By Product Type: Manual, Automatic
2) By Mode: Intermittent Seam Welding, Continuous Seam Welding
3) By Wheel-Contact: Wide Wheel Seam, Narrow Wheel Seam, Consumable Wire Seam Welding, Mash Seam Welding, Foil Butt* Seam Welding
4) By End-Use Industry: Industrial, Automotive Industry, Oil And Gas, Construction Industry, Other End Users
Subsegments:
1) By Manual: Portable Manual Seam Welders, Stationary Manual Seam Welders
2) By Automatic: Fully Automatic Seam Welders, Semi-Automatic Seam Welders
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North America was the largest region in the seam welding machine market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the seam welding machine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the leading players fueling growth in the seam welding machine market?
Major companies operating in the seam welding machine market report are Air Liquide S.A., Emerson Electric Co., Ador Welding Ltd., Lincoln Electric Holdings Inc., Fronius International GmbH, Tecna S.p.A., Miller Electric Mfg LLC, Miller Weldmaster Corporation, Leister Technologies AG, Amada Weld Tech Co. Ltd., Dukane Corporation, Parmo Welding Machines Pvt. Ltd., T. J. Snow Company Inc., Koike Aronson Inc., ARO Welding Technologies Ltd., Universal Weld Industries, Banner Welder Inc., Spiro International AG, Jet Line Engineering Inc., Dahching Electric Industrial Co. Ltd., Franzan S.R.L., Schnelldorfer Maschinenbau GmbH, Da Jie Electricity Machinery Industrial Co. Ltd., CEA S.p.A., Weld Systems Integrators Inc.
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What Is Covered In The Seam Welding Machine Global Market Report?
•Market Size Forecast: Examine the seam welding machine market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the seam welding machine market for a structured understanding.
•Key Players Overview: Analyze major players in the seam welding machine market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the seam welding machine market.
•Segment Contributions: Evaluate how different segments drive overall growth in the seam welding machine market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the seam welding machine market.
•Industry Challenges: Identify potential risks and obstacles affecting the seam welding machine market.
•Competitive Landscape: Review strategic developments in the seam welding machine market, including expansions, agreements, and new product launches.
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