Global Stud Welding Machine Market is valued at approximately USD 1.05 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 5.1% over the forecast period 2023-2030. A stud welding machine is a versatile tool used for attaching fasteners or studs to the surface or base of a product without the need for perforation. It is a popular and cost-effective welding method that saves time. The machine facilitates the joining of different materials, resulting in durable and robust connections. The consumption of household goods, including refrigerators, kitchen chimneys, and cooking stoves, is experiencing a steady increase. As a result, the growing demand for such household items is playing a significant role in driving the growth of stud welding machine market. Additionally, the escalating utilization of metal structures in the construction of both residential and commercial spaces is expected to further contribute to market growth.
The steady growth in global trade, largely facilitated by the increased utilization of ships for transporting goods, has emerged as a significant driver in the industry. As a result, there has been a corresponding rise in the demand for stud welding machines within the shipbuilding sector, consequently propelling the market forward. According to data provided by the Organization for Economic Co-operation and Development In 2022, the G-20 countries experienced substantial growth in their annual merchandise import and export figures in 2021, with imports growing by 26.1% and exports by 25.9%. Furthermore, the automotive industry retains a significant presence in the global market, as well as the increasing adoption of short-cycle/drawn arc welders in key industries is expected to contribute to the continued growth and demand for stud welding machines. However, certain limitations within the stud welding machine market are projected to impede its growth. One such limitation is the machine's suitability for welding smaller components such as plugs or studs. Additionally, the stud welding process carries inherent hazards, as the initial stages involve risks related to structural integrity, molten metal, and heat penetration.
The key regions considered for the Global Stud Welding Machine Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 owing to the rapid advancements observed in the construction, automotive, and shipbuilding sectors. Asia Pacific is also expected to grow significantly during the forecast period, the increasing demand for stud welding machines in countries such as India, China, and Japan, can be attributed to the rapid pace of industrialization in the region. Moreover, the growing investments in infrastructure development are further propelling the demand for these machines.
Major market player included in this report are:
- Taylor Studwelding Systems Ltd
- Cruxweld Industrial Equipments Private Limited
- Tru-Weld (TFP Corporation)
- Shenzhen Hongbai Technology Industrial Co., Ltd.
- D.H. Enterprises
- STANLEY Engineered Fastening
- Image Industries Inc.
- Midwest Fasteners Inc.
- International Welding Technologies
- Sunbelt Stud Welding, Inc.
Recent Developments in the Market:
- In September 2021, Ivostud GmbH has recently completed the acquisition of OBTEC, a well-established brand in the stud welding industry. This strategic acquisition is expected to provide OBTEC with new opportunities for growth and expansion.
- In September 2021, HBS Bolzenschweiss-Systeme unveiled its latest stud welding machine, named the Visar 1200. This innovative product offers versatile welding capabilities, including the ability to weld steel, stainless steel, and aluminum. Additionally, the Visar 1200 is equipped with a USB port, enabling users to conveniently load and save welding programs.
- In August 2020, Brand Safway made an announcement regarding their software-driven stud welding machine, which has recently received prestigious listings from Underwriters Laboratories (UL) and the Canadian Standards Association (CSA). This recognition of their advanced stud welding machine is expected to positively impact the market's growth in the anticipated period
Global Stud Welding Machine Market Report Scope:
- Historical Data: 2020 - 2021
- Base Year for Estimatio: 2022
- Forecast period: 2023-2030
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Type of Arc Ignition, Material, Stud Diameter, Operation, End Use Industry, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type of Arc Ignition:
- Drawn Arc Stud Welding
- Capacitor Discharge Stud Welding
By Material:
- Steel
- Aluminum
- Copper
- Brass
By Stud Diameter:
- Below 3 mm
- 3-12 mm
- 12-18 mm
- 18 mm and above
By Operation:
By End-Use Industry:
- Automotive
- Shipbuilding
- Electric Goods
- Construction
- Farm
- Others
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Stud Welding Machine Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Stud Welding Machine Market, by Type of Arc Ignition, 2020-2030 (USD Billion)
- 1.2.3. Stud Welding Machine Market, by Material, 2020-2030 (USD Billion)
- 1.2.4. Stud Welding Machine Market, by Stud Diameter, 2020-2030 (USD Billion)
- 1.2.5. Stud Welding Machine Market, by Operation, 2020-2030 (USD Billion)
- 1.2.6. Stud Welding Machine Market, by End Use Industry, 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Stud Welding Machine Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Stud Welding Machine Market Dynamics
- 3.1. Stud Welding Machine Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Escalating utilization of metal structures in the construction sector
- 3.1.1.2. Growing demand for household items
- 3.1.2. Market Challenges
- 3.1.2.1. Suitability for welding smaller components
- 3.1.2.2. Stud welding process carries inherent hazards
- 3.1.3. Market Opportunities
- 3.1.3.1. Increasing adoption of short cycle/drawn arc welders in key industries
- 3.1.3.2. Growing automotive industry
Chapter 4. Global Stud Welding Machine Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Stud Welding Machine Market, by Type of Arc Ignition
- 5.1. Market Snapshot
- 5.2. Global Stud Welding Machine Market by Type of Arc Ignition, Performance - Potential Analysis
- 5.3. Global Stud Welding Machine Market Estimates & Forecasts by Type of Arc Ignition 2020-2030 (USD Billion)
- 5.4. Stud Welding Machine Market, Sub Segment Analysis
- 5.4.1. Drawn Arc Stud Welding
- 5.4.2. Capacitor Discharge Stud Welding
Chapter 6. Global Stud Welding Machine Market, by Material
- 6.1. Market Snapshot
- 6.2. Global Stud Welding Machine Market by Material, Performance - Potential Analysis
- 6.3. Global Stud Welding Machine Market Estimates & Forecasts by Material 2020-2030 (USD Billion)
- 6.4. Stud Welding Machine Market, Sub Segment Analysis
- 6.4.1. Steel
- 6.4.2. Aluminium
- 6.4.3. Copper
- 6.4.4. Brass
Chapter 7. Global Stud Welding Machine Market, by Stud Diameter
- 7.1. Market Snapshot
- 7.2. Global Stud Welding Machine Market by Stud Diameter , Performance - Potential Analysis
- 7.3. Global Stud Welding Machine Market Estimates & Forecasts by Stud Diameter 2020-2030 (USD Billion)
- 7.4. Stud Welding Machine Market, Sub Segment Analysis
- 7.4.1. Below 3 mm
- 7.4.2. 3-12 mm
- 7.4.3. 12-18 mm
- 7.4.4. 18 mm and above
Chapter 8. Global Stud Welding Machine Market, by Operation
- 8.1. Market Snapshot
- 8.2. Global Stud Welding Machine Market by Operation , Performance - Potential Analysis
- 8.3. Global Stud Welding Machine Market Estimates & Forecasts by Operation 2020-2030 (USD Billion)
- 8.4. Stud Welding Machine Market, Sub Segment Analysis
- 8.4.1. Automatic
- 8.4.2. Semi-automatic
Chapter 9. Global Stud Welding Machine Market, by End Use Industry
- 9.1. Market Snapshot
- 9.2. Global Stud Welding Machine Market by End Use Industry , Performance - Potential Analysis
- 9.3. Global Stud Welding Machine Market Estimates & Forecasts by End Use Industry 2020-2030 (USD Billion)
- 9.4. Stud Welding Machine Market, Sub Segment Analysis
- 9.4.1. Automotive
- 9.4.2. Shipbuilding
- 9.4.3. Electric Goods
- 9.4.4. Construction
- 9.4.5. Farm
- 9.4.6. Others
Chapter 10. Global Stud Welding Machine Market, Regional Analysis
- 10.1. Top Leading Countries
- 10.2. Top Emerging Countries
- 10.3. Stud Welding Machine Market, Regional Market Snapshot
- 10.4. North America Stud Welding Machine Market
- 10.4.1. U.S. Stud Welding Machine Market
- 10.4.1.1. Type of Arc Ignition breakdown estimates & forecasts, 2020-2030
- 10.4.1.2. Material breakdown estimates & forecasts, 2020-2030
- 10.4.1.3. Stud Diameter breakdown estimates & forecasts, 2020-2030
- 10.4.1.4. Operation breakdown estimates & forecasts, 2020-2030
- 10.4.1.5. End Use Industry breakdown estimates & forecasts, 2020-2030
- 10.4.2. Canada Stud Welding Machine Market
- 10.5. Europe Stud Welding Machine Market Snapshot
- 10.5.1. U.K. Stud Welding Machine Market
- 10.5.2. Germany Stud Welding Machine Market
- 10.5.3. France Stud Welding Machine Market
- 10.5.4. Spain Stud Welding Machine Market
- 10.5.5. Italy Stud Welding Machine Market
- 10.5.6. Rest of Europe Stud Welding Machine Market
- 10.6. Asia-Pacific Stud Welding Machine Market Snapshot
- 10.6.1. China Stud Welding Machine Market
- 10.6.2. India Stud Welding Machine Market
- 10.6.3. Japan Stud Welding Machine Market
- 10.6.4. Australia Stud Welding Machine Market
- 10.6.5. South Korea Stud Welding Machine Market
- 10.6.6. Rest of Asia Pacific Stud Welding Machine Market
- 10.7. Latin America Stud Welding Machine Market Snapshot
- 10.7.1. Brazil Stud Welding Machine Market
- 10.7.2. Mexico Stud Welding Machine Market
- 10.8. Middle East & Africa Stud Welding Machine Market
- 10.8.1. Saudi Arabia Stud Welding Machine Market
- 10.8.2. South Africa Stud Welding Machine Market
- 10.8.3. Rest of Middle East & Africa Stud Welding Machine Market
Chapter 11. Competitive Intelligence
- 11.1. Key Company SWOT Analysis
- 11.1.1. Company 1
- 11.1.2. Company 2
- 11.1.3. Company 3
- 11.2. Top Market Strategies
- 11.3. Company Profiles
- 11.3.1. Taylor Studwelding Systems Ltd
- 11.3.1.1. Key Information
- 11.3.1.2. Overview
- 11.3.1.3. Financial (Subject to Data Availability)
- 11.3.1.4. Product Summary
- 11.3.1.5. Recent Developments
- 11.3.2. Cruxweld Industrial Equipments Private Limited
- 11.3.3. Tru-Weld (TFP Corporation)
- 11.3.4. Shenzhen Hongbai Technology Industrial Co., Ltd.
- 11.3.5. D.H. Enterprises
- 11.3.6. STANLEY Engineered Fastening
- 11.3.7. Image Industries Inc.
- 11.3.8. Midwest Fasteners Inc.
- 11.3.9. International Welding Technologies
- 11.3.10. Sunbelt Stud Welding, Inc.
Chapter 12. Research Process
- 12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
- 12.2. Research Attributes
- 12.3. Research Assumption