Plasma welding is process of weldings metal parts together in which an electrode is used to conduct an electric current through each part, thus creating a high-temperature arc that melts the metal parts into one. It is a form of arc welding and is most commonly used for thin metals, such as aluminum and stainless steel. The arc is created by sending a high-powered current of electricity through the metal parts being welded, and the high temperatures melt the metal together.
The advantages of plasma welding include the speed, accuracy and portability of the process, as well as the ability to weld thin metal parts. The process is often used in the automotive industry, where thin and complex shapes are needed. Other industries that utilize plasma welding include petrochemicals, aerospace and shipbuilding.
Plasma welding is operated with either hand-held or automated machines. The machines usually consist of a power source, an electrode, a nozzle and a nozzle tip, and a work piece clamp. The power source supplies the welding current, and the electrode provides the consumable filler metal.
Global demand for plasma welding machines is driven by the increasing presence of automated and robotic welding systems in the automotive and manufacturing industry. Additionally, an increase in global infrastructure projects is expected to have a positive impact on the global demand for plasma welding machines in the coming years. Some of the key players in the plasma welding machine market include Fronius International GmbH, Lincoln Electric Holding Company, Obara Corporation, and Thyssenkrupp AG.
The global Plasma Welding Machines market was valued at US$ 60 million in 2022 and is anticipated to reach US$ 79 million by 2029, witnessing a CAGR of 4.0% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global Plasma Welding Machines Market available at: https://www.themarketreports.com/report/global-plasma-welding-machines-market-research-report
This report aims to provide a comprehensive presentation of the global market for Plasma Welding Machines, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Plasma Welding Machines.
Global Plasma Welding Machines key players include Fronius International, Colfax, EWM, SAF, Kjellberg, etc. Global top five manufacturers hold a share about 60%. Europe is the largest market, with a share about 35%, followed by North America, with a share about 25 percent. In terms of product, Ordinary Plasma Welding Machines is the largest segment, with a share about 75%. And in terms of application, the largest application is Machinery & Equipment, followed by Automotive, Aerospace & Defense, etc.
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