Europe micro welding market is estimated to grow at a moderate CAGR during the forecast period. Significant production of motor vehicles is the major factor contributing to the market growth. As per the European Automobile Manufacturers Association (ACEA), 19.2 million motor vehicles were produced in the European Union in 2018, or some 20% of the 98.1 million motor vehicles produced across the globe. The presence of major automobile manufacturers such as BMW, Fiat Chrysler Automobiles, Daimler AG, Jaguar Land Rover, Ferrari, Volkswagen Group, and Volvo Cars, is the major factor for the significant production of vehicles in the region. This, in turn, is leading to the adoption of micro welding machines for combining stainless steel and metal parts during the manufacturing process.
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Some key players mentioned in the research report are:
Companies operating in the market include Amada Holdings Co., Ltd., Nippon Avionics Co., Ltd., Hyosung Heavy Industries Corp., and Micro Weld India. Hyosung Heavy Industries is a welding machine manufacturer in Korea. Based on the digital communication fusion technology and power electronic control technology, the company developed Full Digital ARC Welding Machine with its technology that supports high-quality welding for automobiles. With the high-speed neck control technology for low spatter welding, the company serves the automobile market by realizing welding quality for robots. The company’s machine designs are optimized for general welding as well as welding for robots.
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The Report covers:
• Comprehensive research methodology of the Asia-Pacific micro welding market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the Europe Micro Welding Market
• Insights about market determinants which are stimulating Europe Micro Welding Market.
• Detailed and extensive market segments with regional distribution of forecast revenues.
• Extensive profiles and recent developments of market players.
Asia-Pacific Micro Welding Market Segmentation
By Type
• Micro Resistance Welding
• Micro Pulse Arc Welding
• Others
By Application
• Electrical &Electronics
• Medical
• Automotive
• Aerospace &Defense
• Telecom
• Others
Regional Analysis
• China
• India
• Japan
• Rest of Asia-Pacific
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