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 prominent players operating in the market include Fronius International GmbH, Soudax Equipments, Polysoude S.A.S., and SST Microwelding. The market players are focusing on expanding their range of micro welding products, which enables them to increase their market share and gain a competitive advantage. For instance, in April 2018, Fronius added three TIG welding devices to its hand-held welding device portfolio. These new devices named MagicWave 230i, 190 and TransTig 230i, are manageable and quiet and provides high-performance. Owing to the fast signal processors, these devices achieve precise current curves. These features make it possible to gain maximum arc stability with fewer noise emissions. Through intuitive menu guidance, the experts find the correct welding parameters in a few steps and can focus on their manual tasks.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Europe Micro Welding Market by Type
- Micro Resistance Welding
- Micro Pulse Arc Welding
- Others
Europe Micro Welding Market by Application
- Electrical &Electronics
- Medical
- Automotive
- Aerospace &Defense
- Telecom
- Others
Regional Analysis
- UK
- Germany
- France
- Spain
- Italy
- Rest of Europe
Company Profiles
- Fronius International GmbH
- Kemppi Oy
- Lorch Schweißtechnik GmbH
- Newarc Ltd.
- R. Lasertechnologie GmbH
- Polysoude S.A.S.
- SoudaxEquipments
- SST Microwelding
- StürmerMaschinen GmbH
- Weldlogic Ltd.
The Report covers:
- Comprehensive research methodology of the Europe 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 the Europe micro welding market.
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of market players.
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