At 5.2% CAGR, the Asia Pacific Seam Welding Machine Market is projected to be worth US$ 540.80 Million by 2028, says Business Market Insights

According to Business Market Insights’ research, the Asia Pacific seam welding machine market was valued at US$ 398.63 million in 2022 and is expected to reach US$ 540.80 million by 2028, registering a CAGR of 5.2% from 2022 to 2028. Rising adoption of industry 4.0 and increasing adoption in energy, shipbuilding, and construction industries are the critical factors attributed to the market expansion.

Laser- based welding technology provides a more precise and controlled environment. It can be used to weld smaller and delicate parts, without upsetting the original parts and with zero distortion in the original parts. Laser welding technology can be used for seam welding machines to weld all kinds of materials, particularly dissimilar materials. It can also be utilized well where conventional processes pose difficulties. Laser welding provides excellent quality and clean operation. Thus, increased demand for laser-based welding technologies is expected to offer lucrative growth opportunities for the seam welding machine market.

In addition, manufacturing and automotive industries are shifting toward laser welding technologies as it improves product quality and helps in reducing production costs. In automotive sector fast assembly line manufacturing process involves laser-based welding operations. Further, the growing trend of fiber laser welding, and semiconductor laser welding is also anticipated to provide new opportunities for the seam welding machine market. Fiber laser welding uses optical fiber for oscillations and semiconductor lasers. Further, the growing popularity of hybrid laser welding in automotive components manufacturing due to its fast-welding speeds and strong gap resistance is expected to contribute to market growth over the forecast period.   

On the contrary, high maintenance and operating costs hurdles the growth of Asia Pacific seam welding machine market.

Based on mode, the Asia Pacific seam welding machine market is segmented into intermittent seam welding and continuous seam welding segment. The continuous seam welding segment accounted for 71.5% market share in 2022, amassing US$ 284.93 million. It is projected to garner US$ 392.74 million by 2028 to expand at 5.5% CAGR during 2022–2028.

Based on operation, the Asia Pacific seam welding machine market is segmented into manual, semi-automatic and automatic segment. With 48.7% share of the domain automatic segment accounted for the largest share of the seam welding machine market in 2022. It accrued US$ 194.27 million in 2022 and is estimated to generate US$ 284.16 million by 2028 to grow at a CAGR of 6.5% over the forecast period.

Based on industry, the Asia Pacific seam welding machine market is categorized into construction, automotive, oil and gas, manufacturing, and others. With 26.0% share of the domain, the manufacturing segment dominated the market in 2022. It accrued US$ 104.38 million in 2022 and is estimated to generate US$ 154.21 million by 2028 to grow at a CAGR of 6.7% over the forecast period.

Based on country, the market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. Our regional analysis states that the China captured 41.2% market share in 2022. It was assessed at US$ 157.99 million in 2022 and is likely to hit US$ 236.50 million by 2028, exhibiting a CAGR of 6.2% during the forecast period.    

Key players dominating the Asia Pacific seam welding machine market are CRUXWELD; Dahching Electric Industrial Co. Ltd.; Emerson Electric Co; LEISTER TECHNOLOGIES, among others.  

• In 2021, Emerson announced the launch of its new Branson GMX-20MA ultrasonic metal spot welder. This advanced spot welder bonds nonferrous metals, including bus bars, foils, switches, and wire terminations in automotive electrical systems, electric vehicles, batteries, battery packs, power storage systems, and related applications.

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