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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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., 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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