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Download Free sampleThe global Plasma Welding Machines market was valued at 49.42 Million USD in 2021 and will grow with a CAGR of 4.15% from 2021 to 2027, based on HNY Research newly published report.
The prime objective of Plasma Welding Machines Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Plasma Welding Machines Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Plasma Welding Machines market, Plasma welding is very similar to TIG welding as the arc is formed between a pointed tungsten electrode and the workpiece. However, by positioning the electrode within the body of the torch, the plasma arc can be separated from the shielding gas envelope. Plasma is then forced through a fine-bore copper nozzle which constricts the arc. Plasma Welding Machines are the device used for Plasma welding. The major components of the machines are power source, torch, ETC. The Plasma Welding Machines consumption volume was 41 Units in 2012 and is expected to reach 153 Units in 2016 and 366 Units in 2020, and the volume will decreased to 280 Units in 2022. Europe`s sales volume accounted for the highest market share (47.06%) in 2016, followed by the North America. At present, the manufactures of Plasma Welding Machines are concentrated in Europe, North America and Asia. The global leading players in this market are Fronius International, Colfax, EWM, Kjellberg, SAF, etc. The plasma welding machines are mainly used by machinery & equipment, aerospace & defense and automotive. The dominated application of plasma welding machines is machinery & equipment in 2016. The major types of plasma welding machines are micro plasma welding machines and ordinary plasma welding machines. Despite the presence of competition problems, due to the increasing demand of welding quality, investors are optimistic about this area, the future will still have more new investment enter the field. The consumption volume will keep increasing till 2022.
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