Stud Welding Machine Market Status, Growth Opportunity, Size, Trends, Key Industry Outlook 2029


Posted May 21, 2024 by Swati_12

Global Stud Welding Machine Market size was valued at USD 1.37 Billion in 2022, and is expected to reach USD 1.93 Billion by 2029, exhibiting a CAGR of 5% during the forecast period (2023-2029)

 
Stud Welding Machine Market Report Overview

The report provides an analysis of both the current and future conditions in the Stud Welding Machine market, delivering valuable insights and the latest information across essential segments. Within the context of the Stud Welding Machine market, the study covers crucial research areas like revenue generation, sales, and overall income. In order to offer a thorough evaluation, the report presents two distinct scenarios that encompass the entire range of the Stud Welding Machine market, including the projected Stud Welding Machine sales during the forecast period.

Global Stud Welding Machine Market size was valued at USD 1.37 Billion in 2022, and is expected to reach USD 1.93 Billion by 2029, exhibiting a CAGR of 5% during the forecast period (2023-2029)

Stud Welding Machine Market Report Scope and Research Methodology

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Stud Welding Machine Market Regional Insights

Asia Pacific Stud Welding Machine Market is expected to hold the largest market share. This is attributed to the high investments in research and development for technological developments and innovations. The Stud Welding Research Institute of China IKING Group is the only professional research institute that integrates research, designs and manufactures various stud welding machines and stud welding processes. It is the first stud welding machine manufacturer that independently designed and produced the first Chinese stud welding machine. It has also overcome many technical problems in the field of stud welding and obtained a number of utility model patents and invention patents.

Stud Welding Machine Market Segmentation

by Operation Mode

Automatic
Semi-Automatic

by Type

Capacitor Discharge Stud Welder
Short Cycle Stud Welder
Drawn - Arc Stud Welder

by Stud Range

Below 3 mm
3-12 mm
12-18 mm
18 mm & Above

by Material

Suitability Steel
Copper
Brass
Aluminium

The market has been divided into Steel, Copper, Brass and Aluminium. The Steel segment is expected to hold the largest market share and the aluminum segment is expected to grow at a high CAGR during the forecast period.

by Power Source

Transformers
Generators
Inverters

The market has been divided into Transformers, Generators and Inverters. Transformers are less costly compared to other power supplies and they can be used within a facility because of their large size. A generator is the best choice for power conversion for job site welding with portable welders. The most significant feature of inverters is that they are adjusted with software systems due to their use of semiconductor chips. During the forecast period, the inverters segment is expected to hold the largest stud welding machine market share because of the advanced features of inverters.

by Distribution Channel

Online
Offline

The market is divided into Online and Offline. Among these, the Offline segment held the largest share of the market in 2022. The Online segment is expected to grow at a high rate during the forecast period due to the increasing technological developments and the rising trend of online shopping.

by End-User

Automotive
Construction
Aerospace
Decorative & Consumer Items
Electric Items
Furniture
Shipbuilding

The market has been divided into Automotive, Construction, Decorative and construction items, Electric Items, Furniture and shipbuilding. Among these, the automotive and construction segments hold the largest Stud Welding Machine Market share. The construction industry is one of the largest industries and includes large number of applications for stud welding machines such as door, window, and facade construction, thermal Insulation, vending machines, etc. The large number of infrastructure projects in developing countries is contributing to the growth of segments.

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Stud Welding Machine Market Key Players

1. Bolte GmbH
2. ChangZhou Jinda Welding Co., Ltd
3. Heinz Soyer Bolzenschweisstechnik GmbH
4. HBS Bolzenschweiss-Systeme
5. NIPPON STUD WELDING Co., Ltd
6. Cruxweld Industrial Equipments Private Limited
7. Tru-Weld (TFP Corporation)
8. Shenzhen Hongbai Technology Industrial Co., Ltd
9. STANLEY Engineered Fastening, Image Industries Inc
10.Midwest Fasteners Inc.
11.International Welding Technologies
12.Sunbelt Stud Welding, Inc.
13.KÖSTER & CO
14.Taylor Studwelding Systems Limited
15.Artech Welders Private Limited
16.Thomas Welding Systems
17.CEBORA Welding and Cutting
18.C2G-SOUDAGE INNOVATION
19.Akshay Fasteners
20.IKING GROUP
21.NORTHLAND FASTENING SYSTEMS

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Key Offerings:

Past Market Size and Competitive Landscape (2017 to 2021)
Past Pricing and price curve by region (2017 to 2021)
Market Size, Share, Size & Forecast by different segment | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation – A detailed analysis by segments and their sub-segments
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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Issued By mmr
Country India
Categories Business
Last Updated May 21, 2024