Global Resistance Welding Machine Market to Attain the Value US $1950 Mn by 2024 End - QY Research
The global Resistance Welding Machine market was 1100 million US$ in 2018 and is expected to 1950 million US$ by the end of 2025, growing at a CAGR of 7.4% between 2019 and 2025.
Los Angeles, CA -- (SBWire) -- 04/25/2019 --QY Research has lately published a new report on "Global Resistance Welding Machine Market Report, History and Forecast 2014-2025, Breakdown Data by Manufacturers, Key Regions, Types and Application," for the forecasted period 6-years, i.e. between 2019 and 2025.
Europe is the largest production region of resistance welding machine currently, occupied 27% market share, and the production was about 15.9 k units in 2015. ARO Technologies, NIMAK and Fronius International are the major producers, and the top three companies' occupied 16% market share based on production volume in 2015.
The mainly product types of resistance welding machine include manual resistance welding machine, semi - automatic resistance welding machine and automatic resistance welding machine. Automatic resistance welding machine occupies the largest market based on revenue. The most important application of resistance welding machine is automobile industry, and the demand of resistance welding machine in automobile industry can directly affect the market development of resistance welding machine.
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According to research, we forecast that the production of resistance welding machine will reach to 86.5 k units by 2021, keep 6.3% annual growth rate; and the revenue will be 1350 M USD.
Although resistance welding equipment industry brings a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
The global Resistance Welding Machine market was 1100 million US$ in 2018 and is expected to 1950 million US$ by the end of 2025, growing at a CAGR of 7.4% between 2019 and 2025.
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This report studies the Resistance Welding Machine market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Resistance Welding Machine in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
ARO Technologies
NIMAK
Fronius International
T. J. Snow
Panasonic Welding Systems
Taylor-Winfield
Nippon Avionics
CenterLine
Daihen Corporation
WPI Taiwan
Milco
TECNA
Illinois Tool Works
CEA
Heron
Guangzhou LN
Shenzhen Juntengfa
Guangzhou Zongbang
PW Resistance Welding Products
LORS Machinery
By the product type, the market is primarily split into
Manual Resistance Welding Machine
Semi - Automatic Resistance Welding Machine
Automatic Resistance Welding Machine
By the end users/application, this report covers the following segments
Automobile Industry
Domestic Appliances Industry
Aircraft Construction
Other Application
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