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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Europe micro welding market is segmented on the basis of type and application. Based on the type, the market is segmented into micro resistance welding, micro pulse arc welding, and others. Further, on the basis of application, the market is segmented into electrical & electronics, medical, automotive, aerospace & defense, telecom, and others. The emergence of electronics has accelerated the need for the creation and repair of such products, which in turn, is leading the adoption of micro welding machines to achieve higher precision, durability, and flexibility. Further, geographically the report covers the analysis of the UK, Germany, Italy, Spain, France, and the Rest of Europe.
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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.
Europe Micro Welding Market- Segmentation
By Type
- Micro Resistance Welding
- Micro Pulse Arc Welding
- Others (Laser Welding)
By Application
- Electrical &Electronics
- Medical
- Automotive
- Aerospace &Defense
- Telecom
- Others
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