Bench Welder Market Size, Share, and Growth Analysis, By Type (Manual, Semi-Automatic, and Automatic), By Application (Automobile, Electronics, Consumer Goods, Machine Manufacturing, and Others), Regional Insights, and Forecast from 2023 to 2031

Updated On: 22 April 2024

Bench Welder Market REPORT OVERVIEW

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The global bench welder market size is expanded rapidly in 2022 and market is expected to generate substantial revenue by 2031, exhibiting a high compound annual growth rate (CAGR) from 2022 to 2031.

Bench welding is a process where two metal pieces are joined together by heating them to pressure and fused together. A bench welder is a portable welding machine that can be used to join metal parts that are too heavy and large to weld using conventional methods. Typically, two or more materials are fabricated using welding equipment. These devices are employed in various sectors, including the automotive, heavy machinery, oil & gas, and construction & building industries. The rising R&D expenditures to develop new welding technologies will contribute to the rising product demand. High frequency (HF) is used by the equipment at first to get rid of HF interference problems while welding. Also, the equipment's all-digital controls enable operators to make precise adjustments.

The majority of industrial products are made using welding procedures. The need for welding equipment to carry out the welding process is thus growing on a global scale. However, using novel materials across various industries has forced the creation of cutting-edge welding technology. Manufacturers are creating new welding machines and equipment to address the growing demand and the necessity for quick product development.

COVID-19 Impact: Postponement of the Construction Industry Retarded Growth

Several building projects and activities, including government infrastructure projects, were completely halted due to the worldwide lockdowns. During the Covid-19 epidemic, the aforementioned issues constrained the expansion of the bench welder market. Because most of the demand is related to end-use sectors, many of which are also finding it difficult to operate during the pandemic, the demand for welding equipment, accessories, and consumables has also fallen. Lockdowns were imposed, which halted numerous ongoing construction projects and activities, including government infrastructure projects.

LATEST TRENDS

"Expansion of Automotive Industry to Drive Market Trends"

Resistance spot welding, rotary friction welding, laser beam welding, medium frequency welding, resistance seam welding, and many more welding techniques are frequently employed in automotive applications. In the automotive business, welding equipment is essential because it gives the components high strength, which leads to maximum safety. The expansion of the automobile sector would ultimately surge the demand for bench welders. This increase is credited with the exponential global use of welding equipment in the automotive industry. These factors are anticipated to surge bench welder market growth in the foreseeable future.

Bench Welder Market Segmentation

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• By Type Analysis

By type, the market is segmented into manual, semi-automatic, and automatic.

• By Application Analysis

Based on application, the market is classified into automobile, electronics, consumer goods, machine manufacturing, and others.

DRIVING FACTORS

"Continuous Innovations in Automotive Technology to Boost Product Demand "

It is expected that ongoing improvements in automotive technology will assist various environmental agencies in reducing the impact of climate change. The increased use of electric cars is expected to increase demand in the automotive sector, thereby driving up demand for welding equipment. Circuit board traces, inductors, actuators, fine ribbon welding, electronic components, mesh welding, heating elements, and hybrid micro-weld devices are other items that can be welded in the aerospace production industry. Increasing demand for cargo shipping and air travel is expected to increase demand for welding tools in the aerospace sector.

"Constant Research On Robotic Laser Beam Welding to Propel Market Growth"

Robotics technology is widely adopted in various industries, which forces the machinery and equipment sector to adopt robotic technology. It is also more efficient and saves time by completing the task in less time. Since this technique is used to perform high-volume tasks in building and construction, automotive, and heavy engineering sectors. Fully automated welding equipment improves output, cuts down on processing time, and improves effectiveness. Additionally, since there is less possibility of human error when there is no human involvement in the welding process, the quality of the welds is improved. There is no human involvement in a fully automated welding procedure, which lowers labour costs.

RESTRAINING FACTORS

"Complex Manufacturing Processes to Hamper Market Growth"

The price of welding supplies, accessories, and consumables is also costly due to the intricacy of the manufacturing process. Certain welding methods, such as laser and plasma welding, are excessively expensive for clients in the commercial and residential sectors.

Bench Welder Market REGIONAL INSIGHTS

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"Asia Pacific to Dominate Market Backed by the Development of Manufacturing Industries"

Asia Pacific is predicted to dominate the bench welder market share due to the developing manufacturing industry across emerging economies such as India, China, and Japan. Additionally, escalating government initiatives supporting sector development will prosper regional growth.

North America is expected to witness significant growth as the building and construction industry is expanding consistently. The government and private sectors are investing heavily in

Infrastructural development.

KEY INDUSTRY PLAYERS

"Key Companies to Emphasis On the Development of Advanced Technology"

Key market players are focused on strengthening their presence by adopting advanced technologies. The competitors are adopting strategies to gain mergers and acquisitions in the global market. Major players of the market emphasis on gaining collaborations, mergers, and acquisitions is increasing among leading players. The major market players are striving to maintain partnerships with other key players in the same industry. Gaining partnerships with other companies will develop a strong consumer base in the global market. The key competitors are adopting organic and inorganic growth strategies to surge their market share in the global market. 

List of Market Players Profiled

• Lincoln Electric (U.S.)
• TECNA (Italy)
• Taylor Winfield (U.S.)
• Seedorff ACME Corporation (U.S.)
• Mechelonic Welders (India)
• Standard Resistance Welder (Georgia)
• THOMAS WELDING SYSTEMS (Belgium)
• North Star Glove (U.S.)
• TJ Snow Resistance Welding Machinery (U.S.)
• Jenzano (U.S.)
• Alphatron Industries, Inc. (U.S.)
• The Roueche Company, LLC (U.S.)

REPORT COVERAGE

The market research study offers thorough information on numerous market aspects. The growth drivers, restraints, geographical analysis, competitive environment, and challenges are a few of them. Additionally, it provides an analytical analysis of market trends and projections for various factors to show potential investment areas. From 2022 through 2031, the market is objectively assessed to determine its financial viability. The report's data was compiled using a variety of primary and secondary sources.