A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Aluminum
Wire Welding
Market. The
study, titled “Aluminum
Wire Welding Market - Global Industry Analysis, Size, Share, Growth,
Trends, and Forecast 2017 - 2025”,
is available for sale on the firm’s website.
Wire
welding refers to the process of fabricating or shaping a metal wire
by assembling, bending, and cutting operations. Therefore, aluminum
wire welding is the procedure of joining two or more aluminum wires
through fabrication and various sculptural processes. Furthermore,
the wires are joined by employing fusion welding techniques which
involve melting two or more wires of similar composition. Solid state
welding does not involve melting of metals as compared to fusion
welding. The coalescence of metals in solid state welding method
takes place below the melting point of the base metals being joined
to form the wire. This helps the base metals to retain their original
properties, thereby preventing the melting of the base metals.
Similarly, there are other welding techniques such as diffusion
welding, explosion welding, cold welding, and friction welding, which
are employed in welding wires.
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The
aluminum welding wire market is driven considerably by the automotive
industry. The usage of aluminum by U.S. automakers has been
increasing every year since federal fuel economy standards, commonly
referred to as Corporate Average Fuel Efficiency (CAFÉ) Standards,
were first enacted by the U.S. Congress in the year 1975. Automakers
are estimated to increase the usage of aluminum welding wires due to
increasing stringent guidelines being dictated by several countries.
Aluminum welding wire developments. The developments in aluminum
welding wire can be attributed to aluminum’s attractive
characteristics such as light weight, high strength, versatility in
extrusion and casting, and excellent corrosion resistance.
Furthermore, investments in electric power infrastructure is
projected to further drive the expansion of the market. The usage of
advanced technologies to reduce emission levels, increase fuel
efficiency, and improve driving dynamics of the vehicle is increasing
in the automotive industry. Therefore, the trend of employing
aluminum is anticipated to consequently increase the usage of
aluminum welding wires in the automotive industry.
However,
aluminum wires get damaged easily and its welding can create
porosities. Key challenges posed by welding thin gauge aluminum are
distortion, burn-through, and warping. Other common issues related to
welding aluminum wire is the feedability of aluminum wire. Aluminum
wires are softer and filling the wires with metal fillers through a
gun is difficult. These disadvantages of utilizing aluminum in
welding wires are key factors that are likely to create a mild
negative impact on the expansion of the market.
Use
of robots in welding procedures and automation of welding processes
is further estimated to propel the expansion of the market. There are
several benefits of automating a factory with welding robots to make
the process of welding faster, consistent, and with no break in
production. Moreover, the usage of welding robots is anticipated to
cut down the cost of labor and reduce the incidence of accidents,
thereby increasing production. Therefore, these factor are likely to
create conducive opportunities for the aluminum wire welding market.
The
global aluminum welding wire market can be segmented into end-users
and geography. In terms of end-users, the market can be segmented
into shipbuilding, transportation, automotive, domestic use, and
others. Usage of aluminum welding wires in the automotive sector can
be attributed to the increase in electric car. Continuous R&D
activities in this field and increasing preference for
environmentally friendly electric cars are projected to make this
segment a significant user of aluminum welding wires.
The
geographical segmentation includes, North America, Europe, Asia
Pacific, Middle East & Africa (MEA), and Latin America. Asia
Pacific and North America are expected to hold a considerable share
of the global market.
Leading
global aluminum wire welding companies operating in this market are
ESAB (U.S.), The Lincoln Electric Company (U.S), Air Liquide Welding
(U.S.), Drahtwerk ELISENTAL W. Erdmann (U.K.), Novametal (U.S.), and
Hermann Fliess and Co. GmbH (Germany).
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to view Sample Report:
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
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