North America micro welding market is estimated to grow at a significant CAGR during the forecast period. A significant rise in the aerospace industry is contributing to the demand for micro welding in the region. The US aerospace manufacturers are highly competitive across the globe. As per the International Trade Administration (ITA), in 2018, the aerospace industry accounted for $151 billion in export sales to the US economy. In 2018, the foreign direct investment (FDI) into the US aerospace industry amounted to nearly $22 billion. This, in turn, is leading to increasing demand for micro welding machines in the region. Gas tungsten arc welding (GTA), also known as Tungsten inert gas (TIG) welding, is normally utilized in aircraft applications.
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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 North America 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 North America Micro Welding Market
• Insights about market determinants which are stimulating North America Micro Welding Market.
• Detailed and extensive market segments with regional distribution of forecast revenues.
• Extensive profiles and recent developments of market players.
North America 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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