Global Welding Transformer Market 2017-2021

Overview of the global welding transformer market

Research analysis on the global welding transformer market identifies that the growth of the global construction sector will be one of the major factors that will have a positive impact on the growth of the market. Steel is considered as an important raw material in the construction industry as it is used in every constructed structure. Steel forms the basis of a reliable, durable, and safe structure. With the increasing advancements in new steel applications within the construction industry, the demand for welding equipment also rises. This will in turn, fuel the demand for welding transformers in the coming years. Technavio's industry research analysts predict that this market will grow at a CAGR of more than 4% by 2021.

The advent of new materials for welding purposes is one of the latest trends that will contribute to the growth of this market in the forthcoming years. The introduction and adoption of new materials for welding have driven the significant demand for new technologies. The use of these new materials helps in lowering the weight of the overall finished products, which in turn, is leading to low product and production costs. The introduction of these new materials has considerably improved the overall quality of the final product. However, there are also several challenges to the welding process. For instance, high-strength steel that is prominently used in thinner sections during a welding operation is more prone to cracks than mild steel. This increases the need for preheating the metal or incorporating new welding techniques.

Competitive landscape and key vendors  

The welding transformer market appears to be fragmented and consists of large international players and local vendors who hold considerable shares in the overall market. Vendors operating in the market experience most of the demand from the construction and automotive sectors.

The leading vendors in the market are -

• Colfax
• Fronius
• ITW Welding
• Lincoln Electric  

The other prominent vendors in the market are Ador Welding, Amada Miyachi, Aotai Electric, Arc Machines, Automation International, Beijing Time Technologies, BLOCK, Hugong Welder, Kobe Steel, NIMAK, Panasonic Welding Systems, RoMan Manufacturing, Shenzhen Riland Industry, TECNA, Telwin, and Trafomec.

Segmentation by end-user and analysis of the welding transformer market

• Automotive
• Construction
• Aerospace and defense
• Shipbuilding

During 2016, the automotive sector accounted for the major shares of the welding transformer market. Factors such as the rising demand for lightweight vehicles and the utilization of robotics and automation for welding processes in their manufacturing facilities, will contribute to the growth of this industry segment in the coming years.

Geographical segmentation and analysis of the welding transformer market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the market throughout the forecast period. The increasing use of welding equipment in the industries such as automotive, aerospace and defense, electrical equipment, construction, and industrial machinery will be one of the major factors driving the demand for welding transformers in this region.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global welding transformer market?
• What are the key market trends impacting the growth of the global welding transformer market?
• What are the challenges to market growth?
• Who are the key vendors in the global welding transformer market?
• What are the market opportunities and threats faced by the vendors in the global welding transformer market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global welding transformer market?

Technavio also offers customization on reports based on specific client requirement.

Welding transformers are used in machines to change alternating current from the power line to a high amperage current in the secondary winding. Our market research reports for the heavy industry follow a thorough procedure of data collection methodology and present an analysis of fast growing market subdivisions like tools and components. This upcoming industry research report on the global welding transformer market offers insights into the major trends and evolving drivers inducing the growth of the tools and components industry.

The market research experts at Technavio take into account the market forecast, market size, and increasing demand for various tools and components products and services, and also offers an all-inclusive picture of the global welding transformer market for the estimated period of 2017-2021. Additionally, our research practices help clients develop active growth strategies and keep pace with the frequently changing market landscape.As per our market research experts, increased adoption of automation to ensure quality and reliability of end products and exponential growth in the automotive industry may influence the demand for welding transformers in the coming years. This upcoming market research report on the global welding transformer market also covers vendors like RoMan Manufacturing, Alia Technik, Trafomec, Imefy, ESAB, Amada Miyachi, TECNA, and Ador Welding. Furthermore, to offer clients the scope to identify probable market opportunities and expand in niche markets, this report on the global welding transformer market also covers geographies like the Americas, APAC, and EMEA.

The upcoming industry research report for global welding transformer market also categorizes the key drivers, major trends, as well as the major restraints that the tools and components sector currently experiences. It also presents insights into the rapidly changing competitive scenario to give clients a realistic picture of the forthcoming events within the heavy industry. Technavio also provides deep-drive market assessments into the sectors such as engineering tools and construction.

Our market research methodology for the welding transformer market

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.