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Global Welding Transformer Market 2017-2021

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:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Welding Transformer Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Colfax
  • Fronius
  • ITW Welding
  • Lincoln Electric
Other prominent vendors
  • 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
  • Trafomec
Market driver
  • Rise in wind energy consumption
  • For a full, detailed list, view our report
Market challenge
  • Emergence of laser welding equipment
  • For a full, detailed list, view our report
Market trend
  • Advent of new materials
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

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.

Companies Mentioned

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.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Classification of welding processes
  • Market landscape
    • Market overview
      • Table Market segmentation
    • Market size and forecast
      • Table Impact of the global arc welding equipment market on the global welding transformer market ($ millions)
      • Table Trends in the automotive sector
      • Table Global aerospace and defense market revenue performance
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by end-user
    • Market overview
      • Table Global welding transformer market: End-user segmentation 2016 and 2021 (%)
    • Global welding transformer market in the automotive sector
      • Table Global welding transformer market in the automotive sector 2016-2021 ($ millions)
      • Table Global vehicle sales by vehicle types 2015 (%)
      • Table Region-wise performance outlook for the automotive industry
    • Global welding transformer market in the construction sector
      • Table Global welding transformer market in the construction sector 2016-2021 ($ millions)
    • Global welding transformer market in the aerospace and defense sector
      • Table Global welding transformer market in the aerospace and defense sector 2016-2021 ($ millions)
      • Table Factors influencing the aerospace industry
      • Table Outlook of the aerospace industry (%)
    • Global welding transformer market in the shipbuilding sector
      • Table Global welding transformer market in the shipbuilding sector 2016-2021 ($ millions)
      • Table Factors leading to new shipbuilding orders
  • Geographical segmentation
    • Market overview
      • Table Global welding transformer market: Geographic segmentation 2016 and 2021 (%)
    • Welding transformer market in APAC
      • Table Welding transformer market in APAC 2016-2021 ($ millions)
    • Welding transformer market in the Americas
      • Table Welding transformer market in the Americas 2016-2021 ($ millions)
      • Table Expenses on various projects in the Americas 2015 (%)
    • Welding transformer market in EMEA
      • Table Welding transformer market in EMEA 2016-2021 ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Various structural steel grades used in construction
      • Table Use of steel in building construction
      • Table Use of steel in infrastructure construction
      • Table Welding component categories in wind turbines
      • Table Global wind energy consumption trend 2009-2014 (TWh)
      • Table Wind power installation country-wise 2015 (MW)
      • Table Leading countries in terms of water reuse 2016 (%)
    • Market challenges
      • Table Growth aspects: Global laser welding equipment market
      • Table Segmentation of the laser welding equipment market
      • Table Friction-stir welding: Process overview
      • Table Friction-stir welding applications in various car models
      • Table Global passenger vehicle sales 1990-2016 (million units)
      • Table Terms of conformity in welding as per ISO 9000:2005
  • Market trends
    • Redressing the issue of growing skills gap
    • Advent of new materials
      • Table Use of new materials for welding in various sectors
      • Table New welding process and equipment
    • Competitive landscape driving new technologies
      • Table Key technologies
    • Shrinking skilled workforce in major steel consuming countries such as India and US
  • Vendor landscape
    • Competitive landscape
      • Table Key vendors
      • Table Major risks
    • Other prominent vendors
  • Key vendor analysis
    • Colfax
    • Fronius
    • ITW Welding
      • Table Miller: Arc welding products and services
      • Table Hobart: Arc welding products and services
    • Lincoln Electric
  • Appendix
    • List of abbreviations
  • Explore Technavio

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