At 3.5% CAGR, the North America Seam Welding Machine Market is projected to be worth US$ 307.25 Million by 2028, says Business Market Insights

According to Business Market Insights’ research, the North America seam welding machine market was valued at US$ 249.23 million in 2022 and is expected to reach US$ 307.25 million by 2028, registering a CAGR of 3.5% 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.

Robust expansion of the global energy (the wind power sector in particular), shipbuilding, and construction industries will provide robust growth for the seam welding machine market in the long term. Further, the growing demand for steel and other metal products in shipbuilding and construction sectors is boosting the use of innovative seam welded steel, which is anticipated to fuel the market growth. Moreover, the rising growth in aerospace, automotive, transportation, and shipbuilding industries is boosting the high growth in the seam welding machine market. The seam welding machine has high growth prospects in the shipbuilding construction business.

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

Based on mode, the North America seam welding machine market is segmented into intermittent seam welding and continuous seam welding segment. The continuous seam welding segment accounted for 59.6% market share in 2022, amassing US$ 148.47 million. It is projected to garner US$ 173.36 million by 2028 to expand at 2.6% CAGR during 2022–2028.

Based on operation, the North America seam welding machine market is segmented into manual, semi-automatic and automatic segment. With 63.2% share of the domain automatic segment accounted for the largest share of the seam welding machine market in 2022. It accrued US$ 157.44 million in 2022 and is estimated to generate US$ 196.93 million by 2028 to grow at a CAGR of 3.8% over the forecast period.

Based on industry, the North America seam welding machine market is categorized into construction, automotive, oil and gas, manufacturing, and others. With 37.1% share of the domain, the construction segment dominated the market in 2022. It accrued US$ 92.48 million in 2022 and is estimated to generate US$ 118.29 million by 2028 to grow at a CAGR of 4.2% over the forecast period.

Based on country, the market is segmented into the US, Canada, and Mexico. Our regional analysis states that the US captured 60.0% market share in 2022. It was assessed at US$ 149.54 million in 2022 and is likely to hit US$ 191.05 million by 2028, exhibiting a CAGR of 4.2% during the forecast period.    

Key players dominating the North America seam welding machine market are A.C.T Otomotiv Müh. Dan. San. Tic. Ltd. Şti.; Emerson Electric Co; KOIKE ARONSON, INC.; Miller Electric Manufacturing Co.; MITUSA Inc, 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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