Global Welding Transformer Market 2017-2021
About Welding Transformer
Welding transformers are used in AC machines to convert alternating current into a low-voltage, high amperage current in the secondary winding. The primary or secondary taps on a welding transformer help in macro adjustments of welding current and secondary voltage. Transformer rating of AC machines for a particular duty cycle is a thermal rating, which indicates the amount of energy delivered by the transformer at a specific time period, usually one minute.
Technavio’s analysts forecast the global welding transformer market to grow at a CAGR of 4.30% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global welding transformer market for 2017-2021. To calculate the market size, the report considers new installations, shipments, sales, volume, and value.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Welding Transformer Market 2017-2021
Technavio recognizes the following companies as the key players in the global welding transformer market: Colfax, Fronius, ITW Welding, and Lincoln Electric.
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.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is advent of new materials. The introduction and adoption of new materials used for welding purposes have driven the significant demand for new technologies. The use of these new materials helps in reducing the weight of the overall finished products, besides leading to lower product and production cost.”
According to the report, one driver in the market is rise in wind energy consumption. Wind energy requires the wind tower fabrication to form huge tubular shapes from individual cans. The cans require internal and external longitudinal welding, while for the formation of tower, forming, tacking, and welding of internal and external circumferential joints are essential. Other areas that require welding solutions include foundation flanges, port holes, and sub-components. Advances in automation helps obtain improved, repeatable welding results. Hence, the welding process equipment consists of a system of components, each customized for its respective function.
Further, the report states that one challenge in the market is emergence of laser welding equipment. Laser technology has undergone a series of technological developments, which have led to its increased adoption and use, especially the emerging laser welding technology. This advanced welding method is used to weld a wide array of materials, especially those with higher melting points and high heat conduction properties. This particular method of welding aids in joining components that require low thermal distortion and high-speed welding. Laser welding finds its application where other forms of welding are inadequate.
Colfax, Fronius, ITW Welding, Lincoln Electric, 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.