Middle East & Africa 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)
The seam welding machine market in Middle East & Africa is expected to grow from US$ 117.25 million in 2022 to US$ 126.57 million by 2028. It is estimated to grow at a CAGR of 1.3% 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
Saudi Arabia, Kuwait, and Qatar are prominent contributors to the seam welding machine market in the Middle East and Africa. GCC countries are making huge developments in the construction industry. In April 2022, Aldar, a developer from Abu Dhabi, launched the second phase of the Alreeman II project, worth US$ 544.51 million, in response to the rising demand for housing projects. In addition, supportive initiatives from governments are contributing to the growth of the residential construction sector. For instance, in January 2022, as a part of the Emirate Housing Programme, six hundred housing loans totaling US$ 163.3 million were approved in Dubai, which is likely to promote the sustainable urban development of the city, along with encouraging people to build homes. Such initiatives, encouraging investments in the residential sector, are generating huge demand for construction equipment, such as seam welding machines.
In July 2022, Saudi Arabia announced its plans to raise the capital of worth US$ 132.82 billion in strengthening the megaproject NEOM. With the NEOM project, Saudi Arabia aims to achieve exceptional livability, support thriving businesses, and reinvent conservation in line with its Saudi Vision 2030. Thus, such investment prospects for the development of infrastructure capabilities in the MEA are anticipated to drive the demand for seam welding machines in the coming years. Further, the elevating demand for passenger cars, commercial vehicles, and electric vehicles is propelling the automotive industry in the region. As per the International Organization of Motor Vehicle Manufacturers, the sales of new vehicles in Saudi Arabia increased from 452,544 units in 2020 to 556,559 units in 2021. In 2020, 720,156 units of vehicles were produced in Africa. Thus, such growth in the automotive vehicle demand and sales in Middle East countries is necessitating manufacturers to expand their manufacturing facilities, which is further accelerating the demand for seam welding machines in the construction industry in this region.
Middle East & Africa Seam Welding Machine Market Revenue and Forecast to 2028 (US$ Million)
Middle East & Africa Seam Welding Machine Market Segmentation
The Middle East & Africa seam welding machine market is segmented into mode, operation, industry, and country. Based on mode, the Middle East & Africa seam welding machine market is segmented into intermittent seam welding and continuous seam welding segment. The continuous seam welding segment accounted for the larger share of the seam welding machine market in 2022.
Based on operation, the Middle East & Africa 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 Middle East & Africa 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 Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. The UAE 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
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