India micro welding market is estimated to grow at a significant CAGR during the forecast period. Expansion of automobile and electronics production is the major factor contributing to the market growth in the country. As per the India Brand Equity Foundation (IBEF), domestic production of automobiles grew at nearly 2.4% CAGR during the period, 2016-2020 with nearly 26.4 million vehicles being produced in the country in 2020. Foreign automobile companies are expanding their production base in the country. Foreign companies are expanding their production facilities in this region owing to the availability of low-cost labor and raw material in the country. Increasing FDI approval is supporting the entrance of international automobile firms in the region, which is leading the adoption of micro welding machines owing to their benefits over other joining processes.

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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 India 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 India Micro Welding Market
• Insights about market determinants which are stimulating India Micro Welding Market.
• Detailed and extensive market segments with regional distribution of forecast revenues.
• Extensive profiles and recent developments of market players.

India Micro Welding Market Segmentation

By Type

• Micro Resistance Welding
• Micro Pulse Arc Welding
• Others

By Application

• Electrical &Electronics
• Medical
• Automotive
• Aerospace &Defense
• Telecom
• Others:
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