
Plasma Welding Machine Market Size, Share, Analysis and Forecast, 2021–2030 | Key Segments, Benefits & Opportunity

The global plasma welding machines market growth is driven by rise in need for technical advancements and automation drives the market growth.
PORTLAND, OR, UNITED STATES, January 17, 2022 /EINPresswire.com/ -- The plasma welding machine market has witnessed significant growth in the past few years. This is attributed to development of the automotive sector and advancements in machinery & equipment technologies. In addition, plasma welding machine is an effective and efficient process as compared to other welding methods, and hence is widely used in the manufacturing industry.
According to a new report published by Allied Market Research, titled, “Plasma Welding Machine Market by Control, Price Range, Distribution Channel, and End User: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the global plasma welding machines market size was valued at $1,128.7 million in 2020, and is projected to reach $1,851.7 million by 2030, registering a CAGR of 4.9% from 2021 to 2030.
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The plasma arc that can be isolated from the shielding gas envelope by placing the electrode in the torch body and subsequently it is constrained by forcing the plasma through a fine-bore copper nozzle. It is similar to tungsten inert gas welding, as the arc is formed in between a tungsten electrode and the metal. The workpiece is welded due to fusion. Tungsten gas arc welding and plasma arc welding are both regarded to be the same technique. In the industry, more efficient plasma welding equipment are being employed.
To strengthen the market position, competitors in the plasma welding machine market adopt strategic moves such as product launching, mergers, acquisitions, and market initiatives. For instance, in November 2019, SAF-FRO has launched heavy-duty Prestotig 200 AC/DC plasma welding machine, which is ideal for critical TIG welding applications with four wave patterns, pulse, and adjustable balance & offset. Hence, these innovations in machines are expected to positively impact the plasma welding machine market growth.
Key Market Players
Air Liquide
Banner Welder, Inc.
Carl Cloos Schweisstechnik GmbH
DAIHEN Corporation
EWM
Fronius International GmbH
Illinois Tools Works Inc
Panasonic Corporation
Technocrats Plasma Systems Private Limited
voestalpine Böhler Welding GmbH
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Key Benefits For Stakeholders
The report provides an extensive analysis of the current and emerging plasma welding machine market trends and dynamics.
An in-depth emerging plasma welding machine market analysis is conducted by constructing market estimations for key market segments between 2021 and 2030.
Extensive analysis of the emerging plasma welding machine market is conducted by following key product positioning and monitoring of top competitors within the market framework.
A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
The global emerging plasma welding machine market forecast analysis from 2021 to 2030 is included in the report.
The key players within the emerging plasma welding machine market are profiled in this report and their strategies are analyzed thoroughly, which helps to understand the competitive outlook of the emerging plasma welding machine industry.
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About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
David Correa
Allied Analytics LLP
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Distribution channels: Automotive Industry, Manufacturing
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