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Magnetic Welding Angle Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • 150 Pages
  • August 2024
  • Region: Global
  • Lucintel
  • ID: 6003796
The global magnetic welding angle market is expected to grow with a CAGR of 5.6% from 2024 to 2030. The major drivers for this market are the growing need for improving the efficiency of welding operations and increasing adoption of magnetic welding angle in various welding applications like butt welding, fillet welding, and T-joint welding.

The future of the global magnetic welding angle market looks promising with opportunities in the welder, metal worker, and artisan markets.

Magnetic Welding Angle by Segment

The study includes a forecast for the global magnetic welding angle by type, application, and region.

Magnetic Welding Angle Market by Type [Shipment Analysis by Value from 2018 to 2030]:

  • 45 Degree Angle
  • 90 Degree Angle
  • 135 Degree Angle

Magnetic Welding Angle Market by Application [Shipment Analysis by Value from 2018 to 2030]:

  • Welder
  • Metal Worker
  • Artisan
  • Other

Magnetic Welding Angle Market by Region [Shipment Analysis by Value from 2018 to 2030]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Magnetic Welding Angle Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies magnetic welding angle companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the magnetic welding angle companies profiled in this report include:
  • Industrial Magnetics
  • VECTOR WELDING
  • Permanent Magnets
  • Master Magnetics
  • Banka Machine
  • Strong Hand Tools
  • IPOTOOLS
  • Assfalg
  • STHALWERK
  • Magswitch

Magnetic Welding Angle Market Insights

  • 90 degree angle is expected to witness the highest growth over the forecast period.
  • Within this market, metal worker will remain the largest segment.
  • APAC is expected to witness the highest growth over the forecast period.

Features of the Global Magnetic Welding Angle Market

  • Market Size Estimates: Magnetic welding angle market size estimation in terms of value ($B).
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
  • Segmentation Analysis: Magnetic welding angle market size by type, application, and region in terms of value ($B).
  • Regional Analysis: Magnetic welding angle market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the magnetic welding angle market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the magnetic welding angle market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers the following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the magnetic welding angle market by type (45 degree angle, 90 degree angle, and 135 degree angle), application (welder, metal worker, artisan, and other), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global Magnetic Welding Angle Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Magnetic Welding Angle Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Magnetic Welding Angle Market by Type
3.3.1: 45 Degree Angle
3.3.2: 90 Degree Angle
3.3.3: 135 Degree Angle
3.4: Global Magnetic Welding Angle Market by Application
3.4.1: Welder
3.4.2: Metal Worker
3.4.3: Artisan
3.4.4: Other
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Magnetic Welding Angle Market by Region
4.2: North American Magnetic Welding Angle Market
4.2.1: North American Magnetic Welding Angle Market by Type: 45 Degree Angle, 90 Degree Angle, and 135 Degree Angle
4.2.2: North American Magnetic Welding Angle Market by Application: Welder, Metal Worker, Artisan, and Other
4.3: European Magnetic Welding Angle Market
4.3.1: European Magnetic Welding Angle Market by Type: 45 Degree Angle, 90 Degree Angle, and 135 Degree Angle
4.3.2: European Magnetic Welding Angle Market by Application: Welder, Metal Worker, Artisan, and Other
4.4: APAC Magnetic Welding Angle Market
4.4.1: APAC Magnetic Welding Angle Market by Type: 45 Degree Angle, 90 Degree Angle, and 135 Degree Angle
4.4.2: APAC Magnetic Welding Angle Market by Application: Welder, Metal Worker, Artisan, and Other
4.5: RoW Magnetic Welding Angle Market
4.5.1: RoW Magnetic Welding Angle Market by Type: 45 Degree Angle, 90 Degree Angle, and 135 Degree Angle
4.5.2: RoW Magnetic Welding Angle Market by Application: Welder, Metal Worker, Artisan, and Other
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Magnetic Welding Angle Market by Type
6.1.2: Growth Opportunities for the Global Magnetic Welding Angle Market by Application
6.1.3: Growth Opportunities for the Global Magnetic Welding Angle Market by Region
6.2: Emerging Trends in the Global Magnetic Welding Angle Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Magnetic Welding Angle Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Magnetic Welding Angle Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Industrial Magnetics
7.2: VECTOR WELDING
7.3: Permanent Magnets
7.4: Master Magnetics
7.5: Banka machine
7.6: Strong Hand Tools
7.7: IPOTOOLS
7.8: Assfalg
7.9: STAHLWERK
7.10: Magswitch

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Industrial Magnetics
  • VECTOR WELDING
  • Permanent Magnets
  • Master Magnetics
  • Banka machine
  • Strong Hand Tools
  • IPOTOOLS
  • Assfalg
  • STAHLWERK
  • Magswitch

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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