Resistance welding equipment market is assessed to develop because of the rising requirement of resistance welding in the manufacturing and automotive sectors. Expanding the implementation rate of resistance welding in the appliance and automotive sectors for production procedure is one of the primary factors driving the market development of resistance welding equipment. It has numerous befits as no preparation is necessitated to enhance the welder’s ability dissimilar in gas and arc welding, because of trouble-free operation. It is appropriate for high volume manufacturing for low price items in a brief timeframe. In this way, because of its brief span term, less heat is exchanged over the non-work workpiece zone. Additionally, no filler consumables or metals are necessitated for welding or joining of metal components & sheets and it is environment cordial clean procedure. These are a few reasons that are foreseen to the market development of resistance welding equipment amid the assessment time frame.
Resistance welding is more costly than arc welding equipment. This is one of the foremost aspects that could slow down the development of the market. The resistance spot welding has lower tensile & fatigue strength and furthermore have constrained development on the assembly line. These are a few different aspects that impede the development of resistance welding equipment market. Moreover, moderate implementation of cutting edge welding technologies in the emerging regions goes about as limitation for the aforesaid market.
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In the present situation, automatic and semi-automatic resistance welding equipment is utilized by end use sector rather than manual resistance welding equipment, as a result of simple working and efficient facility. The steel sector is utilizing the automatic and semi-automatic resistance welding equipment for the production of smaller structural section, tubing, and pipe. Amid all end use sector, the automotive sector is the foremost user of resistance welding equipment
In terms of the automation level, the worldwide market is segmented into automatic resistance welding equipment, semi-automatic resistance welding equipment, and manual resistance welding equipment. Based on the end user, the worldwide market is segmented into the aerospace industry, the steel industry, electronic industry, automotive industry, and others.
Western Europe market for resistance welding equipment is anticipated to expansion with substantial CAGR, as a result of a high number of automobile producers. The Asia Pacific excluding Japan regional market is anticipated to gain prominent market share as a result of industrial expansion discovered in the rising economies, for instance, China and India for the duration of the forecast. Japan is in addition likely to hold remarkable market share, due to expanding electronic sector in the region. Furthermore, North America is likely for the expansion of the market for resistance welding equipment because of the high implementation rate of cutting edge welding technologies. The Middle East and Africa market for resistance welding equipment are likely to expand with moderate pace in the approaching year.
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Some of the foremost market players active in the worldwide market are NIMAK GmbH, Langley Holdings PLC (ARO Welding Technologies SA), J. Snow, Fronius International GmbH, CenterLine (Windsor) Limited, Taylor-Winfield Technologies, Inc., Welding Process Industrial Co., Ltd, Daihen Corporation, Heron Intelligent Equipment Co.,Ltd, TECNA S.p.A., PW Resistance Welding Products Ltd. and Shenzhen Juntengfa Welding Equipment Co., Ltd.