The Arc Welding Equipment Market is expected to register a CAGR of 5.9% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by Automation Level (Automatic, Semi-Automatic, Manual); Process (Plasma Arc Welding, Flux Corded Arc Welding, Shielded Arc Welding, Electroslag Arc Welding, Electrogas Arc Welding, Gas Metal Arc Welding, Others); Gas Usage (Oxygen, Argon, Helium, Hydrogen, Carbon dioxide, Others); End-user (Automotive, Construction, Aerospace and Defense, Shipbuilding, Others). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Arc Welding Equipment Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Arc Welding Equipment Market Segmentation
Automation Level- Automatic
- Semi-Automatic
- Manual
- Plasma Arc Welding
- Flux Corded Arc Welding
- Shielded Arc Welding
- Electroslag Arc Welding
- Electrogas Arc Welding
- Gas Metal Arc Welding
- Others
- Oxygen
- Argon
- Helium
- Hydrogen
- Carbon dioxide
- Others
- Automotive
- Construction
- Aerospace and Defense
- Shipbuilding
- Others
Strategic Insights
Arc Welding Equipment Market Growth Drivers- Increasing Industrialization and Infrastructure Development: As industries go about automotive, construction, and shipbuilding, then the requirement for robust and efficient welding equipment becomes even more important. With rising infrastructure projects mostly in emerging economies, there is an increased demand for high-performance welding equipment that uses arcs. An arc is essential to weld metals for the purposes of fabrication, repair, and sometimes even maintenance.
- Technological Advancements in Welding Equipment: Sophisticated welding technologies such as automated and robotic welding systems have significantly improved the efficiency and precision of welding processes. These innovations are also significant in meeting the requirements of the industries for minimizing human error, speed gain, and consistent weld quality, thereby accelerating the market growth of arc welding equipment.
- Automation and Robotics in Welding: Arc welding equipment of the future specifically relates to automation and robotics. There is a rapidly growing trend of adopting robotic systems for large-scale and precision-based operations. These systems emphasize numerous productivity benefits, labor cost savings, and safety advantages, which are driving their growing adoption.
- Shift Toward Green and Eco-Friendly Welding Solutions: The increasing emphasis on sustainability and eco-friendly practices is leading to a trend toward green welding technologies. Manufacturers are developing arc welding equipment that produces fewer emissions, consumes less energy, and uses eco-friendly consumables, catering to industries focused on reducing their carbon footprint and improving environmental impact.
- Rising Demand for Durable and Lightweight Materials: This trend towards the use of lightweight materials in such fields as automotive manufacturing has fueled the need for welding technologies suitable to use with specific materials, such as aluminum, high-strength steel, and composites. The reason arc welding remains popular is its high efficiency in the joining of these material classes.
- Growth in the Energy Sector: The increase in arc welding for equipment fabrication with in the renewable energy sector, especially for solar and wind energy production, is also notable. The construction and maintenance of pipelines in the oil and gas industry will continue to be a major demand driver for welding equipment.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Arc Welding Equipment Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Arc Welding Equipment Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
Some of the customization options available based on the request are an additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation as our team would review the same and check the feasibility
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request
The major factors driving the arc welding equipment market are:
1. Increasing Industrialization and Infrastructure Development
2. Technological Advancements in Welding Equipment
Automation and Robotics in Welding is anticipated to play a significant role in the global arc welding equipment market in the coming years
The Arc Welding Equipment Market is estimated to witness a CAGR of 5.9% from 2023 to 2031
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Arc Welding Equipment Market - By Automation Level
1.3.2 Arc Welding Equipment Market - By Process
1.3.3 Arc Welding Equipment Market - By Gas Usage
1.3.4 Arc Welding Equipment Market - By End-user
1.3.5 Arc Welding Equipment Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ARC WELDING EQUIPMENT MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. ARC WELDING EQUIPMENT MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. ARC WELDING EQUIPMENT MARKET - GLOBAL MARKET ANALYSIS
6.1. ARC WELDING EQUIPMENT - GLOBAL MARKET OVERVIEW
6.2. ARC WELDING EQUIPMENT - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. ARC WELDING EQUIPMENT MARKET - REVENUE AND FORECASTS TO 2028 - AUTOMATION LEVEL
7.1. OVERVIEW
7.2. AUTOMATION LEVEL MARKET FORECASTS AND ANALYSIS
7.3. AUTOMATIC
7.3.1. Overview
7.3.2. Automatic Market Forecast and Analysis
7.4. SEMI-AUTOMATIC
7.4.1. Overview
7.4.2. Semi-Automatic Market Forecast and Analysis
7.5. MANUAL
7.5.1. Overview
7.5.2. Manual Market Forecast and Analysis
8. ARC WELDING EQUIPMENT MARKET - REVENUE AND FORECASTS TO 2028 - PROCESS
8.1. OVERVIEW
8.2. PROCESS MARKET FORECASTS AND ANALYSIS
8.3. PLASMA ARC WELDING
8.3.1. Overview
8.3.2. Plasma Arc Welding Market Forecast and Analysis
8.4. FLUX CORDED ARC WELDING
8.4.1. Overview
8.4.2. Flux Corded Arc Welding Market Forecast and Analysis
8.5. SHIELDED ARC WELDING
8.5.1. Overview
8.5.2. Shielded Arc Welding Market Forecast and Analysis
8.6. ELECTROSLAG ARC WELDING
8.6.1. Overview
8.6.2. Electroslag Arc Welding Market Forecast and Analysis
8.7. ELECTROGAS ARC WELDING
8.7.1. Overview
8.7.2. Electrogas Arc Welding Market Forecast and Analysis
8.8. GAS METAL ARC WELDING
8.8.1. Overview
8.8.2. Gas Metal Arc Welding Market Forecast and Analysis
8.9. OTHERS
8.9.1. Overview
8.9.2. Others Market Forecast and Analysis
9. ARC WELDING EQUIPMENT MARKET - REVENUE AND FORECASTS TO 2028 - GAS USAGE
9.1. OVERVIEW
9.2. GAS USAGE MARKET FORECASTS AND ANALYSIS
9.3. OXYGEN
9.3.1. Overview
9.3.2. Oxygen Market Forecast and Analysis
9.4. ARGON
9.4.1. Overview
9.4.2. Argon Market Forecast and Analysis
9.5. HELIUM
9.5.1. Overview
9.5.2. Helium Market Forecast and Analysis
9.6. HYDROGEN
9.6.1. Overview
9.6.2. Hydrogen Market Forecast and Analysis
9.7. CARBON DIOXIDE
9.7.1. Overview
9.7.2. Carbon dioxide Market Forecast and Analysis
9.8. OTHERS
9.8.1. Overview
9.8.2. Others Market Forecast and Analysis
10. ARC WELDING EQUIPMENT MARKET - REVENUE AND FORECASTS TO 2028 - END-USER
10.1. OVERVIEW
10.2. END-USER MARKET FORECASTS AND ANALYSIS
10.3. AUTOMOTIVE
10.3.1. Overview
10.3.2. Automotive Market Forecast and Analysis
10.4. CONSTRUCTION
10.4.1. Overview
10.4.2. Construction Market Forecast and Analysis
10.5. AEROSPACE AND DEFENSE
10.5.1. Overview
10.5.2. Aerospace and Defense Market Forecast and Analysis
10.6. SHIPBUILDING
10.6.1. Overview
10.6.2. Shipbuilding Market Forecast and Analysis
10.7. OTHERS
10.7.1. Overview
10.7.2. Others Market Forecast and Analysis
11. ARC WELDING EQUIPMENT MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Arc Welding Equipment Market Overview
11.1.2 North America Arc Welding Equipment Market Forecasts and Analysis
11.1.3 North America Arc Welding Equipment Market Forecasts and Analysis - By Automation Level
11.1.4 North America Arc Welding Equipment Market Forecasts and Analysis - By Process
11.1.5 North America Arc Welding Equipment Market Forecasts and Analysis - By Gas Usage
11.1.6 North America Arc Welding Equipment Market Forecasts and Analysis - By End-user
11.1.7 North America Arc Welding Equipment Market Forecasts and Analysis - By Countries
11.1.7.1 United States Arc Welding Equipment Market
11.1.7.1.1 United States Arc Welding Equipment Market by Automation Level
11.1.7.1.2 United States Arc Welding Equipment Market by Process
11.1.7.1.3 United States Arc Welding Equipment Market by Gas Usage
11.1.7.1.4 United States Arc Welding Equipment Market by End-user
11.1.7.2 Canada Arc Welding Equipment Market
11.1.7.2.1 Canada Arc Welding Equipment Market by Automation Level
11.1.7.2.2 Canada Arc Welding Equipment Market by Process
11.1.7.2.3 Canada Arc Welding Equipment Market by Gas Usage
11.1.7.2.4 Canada Arc Welding Equipment Market by End-user
11.1.7.3 Mexico Arc Welding Equipment Market
11.1.7.3.1 Mexico Arc Welding Equipment Market by Automation Level
11.1.7.3.2 Mexico Arc Welding Equipment Market by Process
11.1.7.3.3 Mexico Arc Welding Equipment Market by Gas Usage
11.1.7.3.4 Mexico Arc Welding Equipment Market by End-user
11.2. EUROPE
11.2.1 Europe Arc Welding Equipment Market Overview
11.2.2 Europe Arc Welding Equipment Market Forecasts and Analysis
11.2.3 Europe Arc Welding Equipment Market Forecasts and Analysis - By Automation Level
11.2.4 Europe Arc Welding Equipment Market Forecasts and Analysis - By Process
11.2.5 Europe Arc Welding Equipment Market Forecasts and Analysis - By Gas Usage
11.2.6 Europe Arc Welding Equipment Market Forecasts and Analysis - By End-user
11.2.7 Europe Arc Welding Equipment Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Arc Welding Equipment Market
11.2.7.1.1 Germany Arc Welding Equipment Market by Automation Level
11.2.7.1.2 Germany Arc Welding Equipment Market by Process
11.2.7.1.3 Germany Arc Welding Equipment Market by Gas Usage
11.2.7.1.4 Germany Arc Welding Equipment Market by End-user
11.2.7.2 France Arc Welding Equipment Market
11.2.7.2.1 France Arc Welding Equipment Market by Automation Level
11.2.7.2.2 France Arc Welding Equipment Market by Process
11.2.7.2.3 France Arc Welding Equipment Market by Gas Usage
11.2.7.2.4 France Arc Welding Equipment Market by End-user
11.2.7.3 Italy Arc Welding Equipment Market
11.2.7.3.1 Italy Arc Welding Equipment Market by Automation Level
11.2.7.3.2 Italy Arc Welding Equipment Market by Process
11.2.7.3.3 Italy Arc Welding Equipment Market by Gas Usage
11.2.7.3.4 Italy Arc Welding Equipment Market by End-user
11.2.7.4 United Kingdom Arc Welding Equipment Market
11.2.7.4.1 United Kingdom Arc Welding Equipment Market by Automation Level
11.2.7.4.2 United Kingdom Arc Welding Equipment Market by Process
11.2.7.4.3 United Kingdom Arc Welding Equipment Market by Gas Usage
11.2.7.4.4 United Kingdom Arc Welding Equipment Market by End-user
11.2.7.5 Russia Arc Welding Equipment Market
11.2.7.5.1 Russia Arc Welding Equipment Market by Automation Level
11.2.7.5.2 Russia Arc Welding Equipment Market by Process
11.2.7.5.3 Russia Arc Welding Equipment Market by Gas Usage
11.2.7.5.4 Russia Arc Welding Equipment Market by End-user
11.2.7.6 Rest of Europe Arc Welding Equipment Market
11.2.7.6.1 Rest of Europe Arc Welding Equipment Market by Automation Level
11.2.7.6.2 Rest of Europe Arc Welding Equipment Market by Process
11.2.7.6.3 Rest of Europe Arc Welding Equipment Market by Gas Usage
11.2.7.6.4 Rest of Europe Arc Welding Equipment Market by End-user
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Arc Welding Equipment Market Overview
11.3.2 Asia-Pacific Arc Welding Equipment Market Forecasts and Analysis
11.3.3 Asia-Pacific Arc Welding Equipment Market Forecasts and Analysis - By Automation Level
11.3.4 Asia-Pacific Arc Welding Equipment Market Forecasts and Analysis - By Process
11.3.5 Asia-Pacific Arc Welding Equipment Market Forecasts and Analysis - By Gas Usage
11.3.6 Asia-Pacific Arc Welding Equipment Market Forecasts and Analysis - By End-user
11.3.7 Asia-Pacific Arc Welding Equipment Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Arc Welding Equipment Market
11.3.7.1.1 Australia Arc Welding Equipment Market by Automation Level
11.3.7.1.2 Australia Arc Welding Equipment Market by Process
11.3.7.1.3 Australia Arc Welding Equipment Market by Gas Usage
11.3.7.1.4 Australia Arc Welding Equipment Market by End-user
11.3.7.2 China Arc Welding Equipment Market
11.3.7.2.1 China Arc Welding Equipment Market by Automation Level
11.3.7.2.2 China Arc Welding Equipment Market by Process
11.3.7.2.3 China Arc Welding Equipment Market by Gas Usage
11.3.7.2.4 China Arc Welding Equipment Market by End-user
11.3.7.3 India Arc Welding Equipment Market
11.3.7.3.1 India Arc Welding Equipment Market by Automation Level
11.3.7.3.2 India Arc Welding Equipment Market by Process
11.3.7.3.3 India Arc Welding Equipment Market by Gas Usage
11.3.7.3.4 India Arc Welding Equipment Market by End-user
11.3.7.4 Japan Arc Welding Equipment Market
11.3.7.4.1 Japan Arc Welding Equipment Market by Automation Level
11.3.7.4.2 Japan Arc Welding Equipment Market by Process
11.3.7.4.3 Japan Arc Welding Equipment Market by Gas Usage
11.3.7.4.4 Japan Arc Welding Equipment Market by End-user
11.3.7.5 South Korea Arc Welding Equipment Market
11.3.7.5.1 South Korea Arc Welding Equipment Market by Automation Level
11.3.7.5.2 South Korea Arc Welding Equipment Market by Process
11.3.7.5.3 South Korea Arc Welding Equipment Market by Gas Usage
11.3.7.5.4 South Korea Arc Welding Equipment Market by End-user
11.3.7.6 Rest of Asia-Pacific Arc Welding Equipment Market
11.3.7.6.1 Rest of Asia-Pacific Arc Welding Equipment Market by Automation Level
11.3.7.6.2 Rest of Asia-Pacific Arc Welding Equipment Market by Process
11.3.7.6.3 Rest of Asia-Pacific Arc Welding Equipment Market by Gas Usage
11.3.7.6.4 Rest of Asia-Pacific Arc Welding Equipment Market by End-user
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Arc Welding Equipment Market Overview
11.4.2 Middle East and Africa Arc Welding Equipment Market Forecasts and Analysis
11.4.3 Middle East and Africa Arc Welding Equipment Market Forecasts and Analysis - By Automation Level
11.4.4 Middle East and Africa Arc Welding Equipment Market Forecasts and Analysis - By Process
11.4.5 Middle East and Africa Arc Welding Equipment Market Forecasts and Analysis - By Gas Usage
11.4.6 Middle East and Africa Arc Welding Equipment Market Forecasts and Analysis - By End-user
11.4.7 Middle East and Africa Arc Welding Equipment Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Arc Welding Equipment Market
11.4.7.1.1 South Africa Arc Welding Equipment Market by Automation Level
11.4.7.1.2 South Africa Arc Welding Equipment Market by Process
11.4.7.1.3 South Africa Arc Welding Equipment Market by Gas Usage
11.4.7.1.4 South Africa Arc Welding Equipment Market by End-user
11.4.7.2 Saudi Arabia Arc Welding Equipment Market
11.4.7.2.1 Saudi Arabia Arc Welding Equipment Market by Automation Level
11.4.7.2.2 Saudi Arabia Arc Welding Equipment Market by Process
11.4.7.2.3 Saudi Arabia Arc Welding Equipment Market by Gas Usage
11.4.7.2.4 Saudi Arabia Arc Welding Equipment Market by End-user
11.4.7.3 U.A.E Arc Welding Equipment Market
11.4.7.3.1 U.A.E Arc Welding Equipment Market by Automation Level
11.4.7.3.2 U.A.E Arc Welding Equipment Market by Process
11.4.7.3.3 U.A.E Arc Welding Equipment Market by Gas Usage
11.4.7.3.4 U.A.E Arc Welding Equipment Market by End-user
11.4.7.4 Rest of Middle East and Africa Arc Welding Equipment Market
11.4.7.4.1 Rest of Middle East and Africa Arc Welding Equipment Market by Automation Level
11.4.7.4.2 Rest of Middle East and Africa Arc Welding Equipment Market by Process
11.4.7.4.3 Rest of Middle East and Africa Arc Welding Equipment Market by Gas Usage
11.4.7.4.4 Rest of Middle East and Africa Arc Welding Equipment Market by End-user
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Arc Welding Equipment Market Overview
11.5.2 South and Central America Arc Welding Equipment Market Forecasts and Analysis
11.5.3 South and Central America Arc Welding Equipment Market Forecasts and Analysis - By Automation Level
11.5.4 South and Central America Arc Welding Equipment Market Forecasts and Analysis - By Process
11.5.5 South and Central America Arc Welding Equipment Market Forecasts and Analysis - By Gas Usage
11.5.6 South and Central America Arc Welding Equipment Market Forecasts and Analysis - By End-user
11.5.7 South and Central America Arc Welding Equipment Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Arc Welding Equipment Market
11.5.7.1.1 Brazil Arc Welding Equipment Market by Automation Level
11.5.7.1.2 Brazil Arc Welding Equipment Market by Process
11.5.7.1.3 Brazil Arc Welding Equipment Market by Gas Usage
11.5.7.1.4 Brazil Arc Welding Equipment Market by End-user
11.5.7.2 Argentina Arc Welding Equipment Market
11.5.7.2.1 Argentina Arc Welding Equipment Market by Automation Level
11.5.7.2.2 Argentina Arc Welding Equipment Market by Process
11.5.7.2.3 Argentina Arc Welding Equipment Market by Gas Usage
11.5.7.2.4 Argentina Arc Welding Equipment Market by End-user
11.5.7.3 Rest of South and Central America Arc Welding Equipment Market
11.5.7.3.1 Rest of South and Central America Arc Welding Equipment Market by Automation Level
11.5.7.3.2 Rest of South and Central America Arc Welding Equipment Market by Process
11.5.7.3.3 Rest of South and Central America Arc Welding Equipment Market by Gas Usage
11.5.7.3.4 Rest of South and Central America Arc Welding Equipment Market by End-user
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. ARC WELDING EQUIPMENT MARKET, KEY COMPANY PROFILES
13.1. AMADA MIYACHI, INC.
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. AUTOMATION INTERNATIONAL, INC.
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. BEIJING ARC XINXING SCIENCE AND TECHNOLOGY CO., LTD.
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. CEA COSTRUZIONI ELETTROMECCANICHE ANNETTONI S.P.A.
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. COLFAX CORPORATION
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. FRONIUS INTERNATIONAL GMBH
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. KOBE STEEL, LTD.
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. PANASONIC CORPORATION
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. SHANGHAI HUGONG ELECTRIC (GROUP)CO.,LTD.
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. TELWIN S.P.A.
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
1. Amada Miyachi, Inc.
2. Automation International, Inc.
3. Beijing ARC Xinxing Science and Technology Co., Ltd.
4. CEA COSTRUZIONI ELETTROMECCANICHE ANNETTONI S.P.A.
5. Colfax Corporation
6. Fronius International GmbH
7. KOBE STEEL, LTD.
8. Panasonic Corporation
9. SHANGHAI HUGONG ELECTRIC (GROUP)CO.,LTD.
10. TELWIN S.p.A.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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