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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)
- Report Code : BMIRE00027741
- Pages : 87
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 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.
TABLE OF CONTENTS
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. Şti
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)
● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the South Central America seam welding machine market
● Highlights key business priorities in order to assist companies to realign their business strategies
● The key findings and recommendations highlight crucial progressive industry trends in the South Central America seam welding machine market, thereby allowing players across the value chain to develop effective long-term strategies
● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
● Scrutinize in-depth South Central America market trends and outlook coupled with the factors driving the seam welding machine market, as well as those hindering it
● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
● A.C.T Otomotiv Müh. Dan. San. Tic. Ltd. Şti
● Emerson Electric Co
● KOIKE ARONSON, INC.
● Schnelldorfer Maschinenbau GmbH
● SPIRO INTERNATIONAL
At 2.4% CAGR, the South & Central America Seam Welding Machine Market is speculated to be worth US$ 77.10 Million by 2028, says The Insight Partners
According to The Insight Partners’ research, the South & Central America seam welding machine market was valued at US$ 66.80 million in 2022 and is expected to reach US$ 77.10 million by 2028, registering a CAGR of 2.4% from 2022 to 2028. Increase in demand for laser-based beam welding and advancements in automated seam welding technology are the critical factors attributed to the market expansion.
Several innovative technologies continue to emerge in automation and welding. New technologies such as digital control systems, welding management software, seam tracking systems, and gas control devices are expected to offer development in automated and semiautomated seam welding machines. Technological advancements help companies address complex welding challenges to remain competitive in the industry. Automation technology in welding processes saves production costs and improves the efficiency of operations. Automated seam welding machines are easy to control and manage delivery of the product. They also reduce the product’s production cycles, enabling rapid production and incorporating adaptive control systems in automated seam welding machines to help analyze welding data and make improvements and corrections based on the results. For example, welding robot’s automatic seam detection can be done using deep learning solutions.
Furthermore, the growing trend of collaborative welding systems in automation to compensate for the rising skilled labor shortage is projected to propel the demand for seam welding machines in the coming years. Collaborative welding systems are also growing in adoption as they are much more affordable than larger robotic systems.
On the contrary, high maintenance and operating costs hurdles the growth of South & Central America seam welding machine market.
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 51.0% market share in 2022, amassing US$ 34.07 million. It is projected to garner US$ 35.99 million by 2028 to expand at 0.9% CAGR during 2022–2028.
Based on operation, the South & Central America seam welding machine market is segmented into manual, semi-automatic and automatic segment. With 55.5% share of the domain automatic segment accounted for the largest share of the seam welding machine market in 2022. It accrued US$ 37.05 million in 2022 and is estimated to generate US$ 42.18 million by 2028 to grow at a CAGR of 2.2% over the forecast period.
Based on industry, the South & Central America seam welding machine market is categorized into construction, automotive, oil and gas, manufacturing, and others. With 34.1% share of the domain, the construction segment dominated the market in 2022. It accrued US$ 22.77 million in 2022 and is estimated to generate US$ 24.88 million by 2028 to grow at a CAGR of 1.5% over the forecast period.
Based on country, the market is segmented into Brazil, Argentina, and the Rest of South & Central America. Our regional analysis states that the Brazil captured 55.0% market share in 2022. It was assessed at US$ 36.74 million in 2022 and is likely to hit US$ 41.90 million by 2028, exhibiting a CAGR of 2.2% during the forecast period.
Key players dominating the South & Central America seam welding machine market are A.C.T Otomotiv Müh. Dan. San. Tic. Ltd. Şti; Emerson Electric Co; KOIKE ARONSON, INC.; Schnelldorfer Maschinenbau GmbH; SPIRO INTERNATIONAL, 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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