Ultrasonic Metal Welding Equipment Market to grow by USD 37.42 Million during 2021-2025 | 17000+ Technavio Reports

NEW YORK, April 21, 2021 /PRNewswire/ --

The ultrasonic metal welding equipment market is expected to grow by USD 37.42 million during 2021-2025, according to the new report from Technavio. This marks a significant market slow down compared to the 2020 growth estimates due to the impact of the COVID-19 pandemic, in the first half of 2021. In addition, the report projects the market to accelerate at a CAGR of almost 4%.

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Read the 120-page report with TOC on "Ultrasonic Metal Welding Equipment Market Analysis Report by Application (Mobility, Electrical and electronics, and Alternate energy) and Geography (APAC, North America, Europe, MEA, and South America), and the Segment Forecasts,2021-2025". Gain competitive intelligence about market leaders. Track key industry opportunities, trends, and threats. Information on marketing, brand, strategy and market development, sales and supply functions.
More Details: https://www.technavio.com/report/report/ultrasonic-metal-welding-equipments-market-industry-analysis

The ultrasonic metal welding equipment market is driven by the growing demand for Li-ion Batteries. In addition, the increasing electrical and electronic content in automobiles is anticipated to boost the growth of the ultrasonic metal welding equipment market.

Lithium-ion (Li-ion) batteries are extensively used in consumer electronic products. The use of several consumer electronics, including smartphones, smart wearables, among others, is increasing globally. In addition, the rising awareness about the need to reduce vehicular emissions and government support for the same is triggering the adoption of electric vehicles. These factors are driving the demand for Li-ion batteries. Li-ion battery manufacturers use the ultrasonic welding technique to join the different metals that are used in Li-ion batteries. Due to the growing demand for Li-ion batteries, Li-ion battery manufacturers are expanding their manufacturing plants in different regions. Such investments are increasing the demand for the ultrasonic metal welding equipment market during the forecast period.

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Major Five Ultrasonic Metal Welding Equipment Companies:

Emerson Electric Co.
Emerson Electric Co. offers various ultrasonic metal welding systems such as spot welders, wire splicing, seam welders, and metal tube sealer.

Forward Sonic Tech.
Forward Sonic Tech. offers ultrasonic welder.

Hermann Ultraschall
Hermann Ultraschall offers ultrasonic metal welding equipment.

KORMAX SYSTEM Inc.
KORMAX SYSTEM Inc. offers KM 20KHz Super 3.0 and other ultrasonic metal welding equipment.

Nippon Avionics Co. Ltd.
Nippon Avionics Co. Ltd. company offers ultrasonic metal welding equipment. It also offers electric equipment such as data processing equipment, aviation equipment, communication equipment, image processing equipment, manufacturing equipment, medical equipment, and electric measuring equipment.

Ultrasonic Metal Welding Equipment Market Application Outlook (Revenue, USD million, 2020-2025)

• Mobility - size and forecast 2020-2025
• Electrical and electronics - size and forecast 2020-2025
• Alternate energy - size and forecast 2020-2025

Ultrasonic Metal Welding Equipment Market Geography Outlook (Revenue, USD million, 2020-2025)

• APAC - size and forecast 2020-2025
• North America - size and forecast 2020-2025
• Europe - size and forecast 2020-2025
• MEA - size and forecast 2020-2025
• South America - size and forecast 2020-2025

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