South & Central America Seam Welding Machine Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Mode (Intermittent Seam Welding and Continuous Seam Welding), Operation (Manual, Semi-Automatic, and Automatic), and Industry (Construction, Automotive, Oil & Gas, Manufacturing, and Others)

Code: BMIRE00027741 | Pages: 87 | Industry: Manufacturing and Construction | Date: Dec 2022 | Type: Regional

The seam welding machine market in South & Central America is expected to grow from US$ 66.80 million in 2022 to US$ 77.10 million by 2028. It is estimated to grow at a CAGR of 2.4% from 2022 to 2028.

 

Increase in Demand for Laser-Based Beam Welding

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.

 

Market Overview

 

The seam welding machine market in South & Central America is segmented into Brazil, Argentina, and the Rest of South & Central America. A rise in urbanization and increase in construction activities over the past couple of years have bolstered the demand for welded products, propelling the seam welding machine market growth in SAM countries. After recording a surge in the sales of trucks in Brazil in 2021, Volvo announced an investment worth US$ 283.36 million in February 2022 to manufacture trucks. Also, in June 2022, Volkswagen Group approved an agreement for investment worth US$ 192.97 million to produce a new vehicle model, which is scheduled to commence in 2025. In Brazil, the government launched the new Casa Verde e Amarela housing program to serve 1.6 million low-income families with a housing financing scheme enabling lower interest rates by 2024. These factors boost the demand for welded products, further propelling seam welding machine demand in South & Central America.

The automotive sector accounts for a significant share of economic development in SAM. The demand for passenger cars has significantly increased with a rise in the standard of living across countries such as Brazil and Argentina. Additionally, government initiatives to promote the growth of the automotive parts industry by making several provisions to exempt investors from customs duty are further propelling the growth of the automotive sector in the region. According to the International Organization of Motor Vehicle Manufacturers, the sales of new vehicles in Chile increased from 258,835 units in 2020 to 415,582 units in 2021. In Colombia, the sales of new vehicles increased from 173,121 units in 2020 to 229,493 units in 2021. Thus, the rapidly growing demand for auto parts is positively influencing the growth of the SAM seam welding machine market.

 

South & Central America Seam Welding Machine Market Revenue and Forecast to 2028 (US$ Million)

South & Central America Seam Welding Machine Market Revenue and Forecast to 2028 (US$ Million)

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South & Central America Seam Welding Machine Market Segmentation

 

The South & Central America seam welding machine market is segmented into mode, operation, industry, and country.

 

Based on mode, the South & Central America seam welding machine market is segmented into intermittent seam welding and continuous seam welding segment. The continuous seam welding segment accounted for a larger share of the seam welding machine market in 2022.

 

Based on operation, the South & Central America seam welding machine market is segmented into manual, semi-automatic and automatic segment. The automatic segment accounted for the largest share of the seam welding machine market in 2022.

 

Based on industry, the South & Central America seam welding machine market is categorized into construction, automotive, oil and gas, manufacturing, and others. The construction segment accounted for the largest share of the seam welding machine market in 2022.

 

Based on country, the market is segmented into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the market in 2022.

 

A.C.T Otomotiv Müh. Dan. San. Tic. Ltd. Şti.; Emerson Electric Co; KOIKE ARONSON, INC.; Schnelldorfer Maschinenbau GmbH; and SPIRO INTERNATIONAL are the leading companies operating in the seam welding machine market in the region.

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        SAM Seam Welding Machine Market – By Mode

1.3.2        SAM Seam Welding Machine Market – By Operation

1.3.3        SAM Seam Welding Machine Market – By Industry

1.3.4        SAM Seam Welding Machine Market – By Country

2.           Key Takeaways

3.        Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           SAM Seam Welding Machine Market Landscape

4.1         Market Overview

4.2         SAM PEST Analysis

4.3         Ecosystem Analysis

4.4         Expert Opinion

5.           SAM Seam Welding Machine Market - Key Market Dynamics

5.1         Market Drivers

5.1.1        Increasing Adoption in Energy, Shipbuilding, and Construction Industries in SAM Region

5.1.2        Rising Adoption of Industry 4.0

5.2         MARKET RESTRAINTS

5.2.1        High Maintenance and Operating Costs

5.3         MARKET OPPORTUNITIES

5.3.1        Increase in Demand for Laser-Based Beam Welding

5.4         FUTURE TRENDS

5.4.1        Advancements in Automated Seam Welding Technology

5.5         Impact Analysis of Drivers and Restraints

6.           Seam Welding Machine Market – SAM Market Analysis

6.1         SAM Seam Welding Machine Market Forecast and Analysis

7.           SAM Seam Welding Machine Market Revenue and Forecast to 2028 – Mode

7.1         Overview

7.2         SAM Seam Welding Machine Market, by Mode (2021 and 2028)

7.3         Intermittent Seam Welding

7.3.1        Overview

7.3.2        Intermittent Seam Welding: Seam Welding Machine Market Revenue and Forecast to 2028 (US$ Million)

7.4         Continuous Seam Welding

7.4.1        Overview

7.4.2        Continuous Seam Welding: Seam Welding Machine Market– Revenue and Forecast to 2028 (US$ Million)

8.           SAM Seam Welding Machine Market Analysis – By Operation

8.1         Overview

8.2         SAM Seam Welding Machine Market, by Operation (2021 and 2028)

8.3         Manual

8.3.1        Overview

8.3.2        Manual: Seam Welding Machine Market– Revenue and Forecast to 2028 (US$ Million)

8.4         Semi-Automatic

8.4.1        Overview

8.4.2        Semi-Automatic: Seam Welding Machine Market– Revenue and Forecast to 2028 (US$ Million)

8.5         Automatic

8.5.1        Overview

8.5.2        Automatic: Seam Welding Machine Market– Revenue and Forecast to 2028 (US$ Million)

9.           SAM Seam Welding Machine Market – By Industry

9.1         Overview

9.2         SAM Seam Welding Machine Market by Industry (2021 and 2028)

9.3         Construction

9.3.1        Overview

9.3.2        Construction: Seam Welding Machine Market – Revenue and Forecast to 2028 (US$ Million)

9.4         Automotive

9.4.1        Overview

9.4.2        Automotive: Seam Welding Machine Market – Revenue and Forecast to 2028 (US$ Million)

9.5         Oil and Gas

9.5.1        Overview

9.5.2        Oil and Gas: Seam Welding Machine Market – Revenue and Forecast to 2028 (US$ Million)

9.6         Manufacturing

9.6.1        Overview

9.6.2        Manufacturing: Seam Welding Machine Market – Revenue and Forecast to 2028 (US$ Million)

9.7         Others

9.7.1        Overview

9.7.2        Others: Seam Welding Machine Market – Revenue and Forecast to 2028 (US$ Million)

10.        SAM Seam Welding Machine Market – Country Analysis

10.1      Overview

10.1.1     SAM: Seam Welding Machine, by Key Country

10.1.1.1       Brazil: Seam Welding Machine Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.1.1       Brazil: Seam Welding Machine Market, By Mode

10.1.1.1.2       Brazil: Seam Welding Machine Market, By Operation

10.1.1.1.3       Brazil: Seam Welding Machine Market, By Industry

10.1.1.2       Argentina: Seam Welding Machine Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.1       Argentina: Seam Welding Machine Market, By Mode

10.1.1.2.2       Argentina: Seam Welding Machine Market, By Operation

10.1.1.2.3       Argentina: Seam Welding Machine Market, By Industry

10.1.1.3       Rest of SAM: Seam Welding Machine Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.1       Rest of SAM: Seam Welding Machine Market, By Mode

10.1.1.3.2       Rest of SAM: Seam Welding Machine Market, By Operation

10.1.1.3.3       Rest of SAM: Seam Welding Machine Market, By Industry

11.        Industry Landscape

11.1      Overview

11.2      Market Initiative

11.3      New Product Development

12.        Company Profiles

12.1      A.C.T Otomotiv Müh. Dan. San. Tic. Ltd. ?ti.

12.1.1     Key Facts

12.1.2     Business Description

12.1.3     Products and Services

12.1.4     Financial Overview

12.1.5     SWOT Analysis

12.1.6     Key Developments

12.2      Emerson Electric Co.

12.2.1     Key Facts

12.2.2     Business Description

12.2.3     Products and Services

12.2.4     Financial Overview

12.2.5     SWOT Analysis

12.2.6     Key Developments

12.3      KOIKE ARONSON, INC.

12.3.1     Key Facts

12.3.2     Business Description

12.3.3     Products and Services

12.3.4     Financial Overview

12.3.5     SWOT Analysis

12.3.6     Key Developments

12.4      Schnelldorfer Maschinenbau GmbH

12.4.1     Key Facts

12.4.2     Business Description

12.4.3     Products and Services

12.4.4     Financial Overview

12.4.5     SWOT Analysis

12.4.6     Key Developments

12.5      SPIRO INTERNATIONAL

12.5.1     Key Facts

12.5.2     Business Description

12.5.3     Products and Services

12.5.4     Financial Overview

12.5.5     SWOT Analysis

12.5.6     Key Developments

13.        Appendix

13.1      About The Insight Partners

13.2      Word Index

 

LIST OF TABLES

Table 1.             SAM Seam Welding Machine Market, Revenue and Forecast, 2019–2028 (US$ Million)

Table 2.             Brazil: Seam Welding Machine Market, By Mode – Revenue and Forecast to 2028 (US$ Million)

Table 3.             Brazil: Seam Welding Machine Market, By Operation – Revenue and Forecast to 2028 (US$ Million)

Table 4.             Brazil: Seam Welding Machine Market, By Industry– Revenue and Forecast to 2028 (US$ Million)

Table 5.             Argentina: Seam Welding Machine Market, By Mode – Revenue and Forecast to 2028 (US$ Million)

Table 6.             Argentina: Seam Welding Machine Market, By Operation – Revenue and Forecast to 2028 (US$ Million)

Table 7.             Argentina: Seam Welding Machine Market, By Industry– Revenue and Forecast to 2028 (US$ Million)

Table 8.             Rest of SAM: Seam Welding Machine Market, By Mode – Revenue and Forecast to 2028 (US$ Million)

Table 9.             Rest of SAM: Seam Welding Machine Market, By Operation – Revenue and Forecast to 2028 (US$ Million)

Table 10.          Rest of SAM: Seam Welding Machine Market, By Industry– Revenue and Forecast to 2028 (US$ Million)

Table 11.          List of Abbreviation

 

 

LIST OF FIGURES

Figure 1.           SAM Seam Welding Machine Market Segmentation

Figure 2.           SAM Seam Welding Machine Market Segmentation – Country

Figure 3.           SAM Seam Welding Machine Market Overview

Figure 4.           SAM Seam Welding Machine Market, By Mode

Figure 5.           SAM Seam Welding Machine Market, By Country

Figure 6.           SAM: PEST Analysis

Figure 7.           SAM Seam Welding Machine Market Ecosystem Analysis

Figure 8.           Expert Opinion

Figure 9.           SAM Seam Welding Machine Market: Impact Analysis of Drivers and Restraints

Figure 10.        SAM Seam Welding Machine Market, Forecast and Analysis (US$ Million)

Figure 11.        SAM Seam Welding Machine Market Revenue Share, by Mode (2021 and 2028)

Figure 12.        SAM Intermittent Seam Welding: Seam Welding Machine Market– Revenue and Forecast to 2028 (US$ Million)

Figure 13.        SAM Continuous Seam Welding: Seam Welding Machine Market– Revenue and Forecast to 2028 (US$ Million)

Figure 14.        SAM Seam Welding Machine Market Revenue Share, by Operation (2021 and 2028)

Figure 15.        SAM Manual: Seam Welding Machine Market– Revenue and Forecast to 2028 (US$ Million)

Figure 16.        SAM Semi-Automatic: Seam Welding Machine Market– Revenue and Forecast to 2028 (US$ Million)

Figure 17.        SAM Automatic Seam Welding Machine: Seam Welding Machine Market– Revenue and Forecast to 2028 (US$ Million)

Figure 18.        SAM Seam Welding Machine Market Revenue Share by Industry (2021 and 2028)

Figure 19.        SAM Construction: Seam Welding Machine Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20.        SAM Automotive: Seam Welding Machine Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21.        SAM Oil and Gas: Seam Welding Machine Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22.        SAM Manufacturing: Seam Welding Machine Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23.        SAM Others: Seam Welding Machine Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24.        SAM: Seam Welding Machine, by Key Country – Revenue (2021) (US$ Million)

Figure 25.        SAM: Seam Welding Machine Revenue Share, by Key Country (2021 and 2028)

Figure 26.        Brazil: Seam Welding Machine Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27.        Argentina: Seam Welding Machine Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28.          Rest of SAM: Seam Welding Machine Market – Revenue and Forecast to 2028 (US$ Million)

  1. A.C.T Otomotiv Müh. Dan. San. Tic. Ltd. ?ti.
  2. Emerson Electric Co
  3. KOIKE ARONSON, INC.
  4. Schnelldorfer Maschinenbau GmbH
  5. SPIRO INTERNATIONAL
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