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Plastic Welding Equipment Market By Welding Method (Electric Socket, Ultrasonic, Hot Plate, Spin, Hot Gas, Extrusion, Injection, High Frequency, Laser and Others (Induction, Solvent etc.)) – Growth, Share, Opportunities, Competitive Analysis and Forecast 2016 – 2023

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Published: | Report ID: 9941 | Report Format : PDF

Market Insights

Plastic welding refers to joining flexible plastic materials through heat and pressure. Plastic welding uses the base plastic as the fastening material to grip the parts together. This distinguishes plastic welding from other joining processes such as adhesives, seam tape, sewing, or other fasteners. Plastic welding equipment can consistently create airtight, watertight, durable, and abrasion-resistant seals without any joint deterioration.

The technique can be used with a wide range of thermoplastic materials, including the following:

  • Polyethylene terephthalate (PET)
  • Polyethylene terephthalate glycol-modified (PETG)
  • Polyvinyl chloride (PVC)
  • Polypropylene (PP)
  • Thermoplastic polyurethane elastomers (TPUR)
  • Polyurethane (PU)
  • Low-density polyethylene (LDPE)
  • Others

The overall plastic welding equipment market is highly driven by the ever-rising plastics manufacturing industry. Plastic materials such as PET, PVC, PP, and others have replaced conventional materials in a wide range of applications. Some prominent applications include consumer products, automotive parts, electronics, electrical products, and others. Due to the low prices of plastic materials (as compared to their counterparts), the trend is only estimated to rise in the coming years. The plastic welding equipment market is hence projected to continue witnessing robust growth during the forecast period. Another major factor fueling the market growth is the availability of various methods used for plastic welding. This enables the welding of plastic materials in different working environments.

Virtually there are a few factors restraining market growth. One of the major challenges is the limitation of plastic welding methods. Although the overall plastic welding equipment market is driven by the rising plastics manufacturing industry and the availability of a wide array of welding methods, there are significant limitations for each of the welding methods.

The report titled “Global Plastic Welding Equipment Market: Growth, Share, Opportunities, and Competitive Analysis, 2016–2023” offers strategic insights into the global plastic welding equipment market, with market size and estimates for the duration of 2013–2023. The said research study covers an in-depth analysis of multiple market segments based on different types of welding methods (equipment) and a cross-sectional study across different geographies. The study covers the comparative analysis of different segments for 2015–2023. The report also provides a prolific view of market dynamics, such as market drivers, restraints, and opportunities.

To help strategic decision-makers, the report also includes competitive profiling of the leading plastic welding equipment manufacturers, their SCOT (Strengths, Challenges, Opportunities, and Weaknesses) analysis, market positioning, and key developments. Some of the major players profiled in the report are Emerson Electric Co., Dukane Corporation, Bielomatik Leuze GmbH + Co. KG, Leister Technologies AG, CEMAS Elettra, RITMO S.p.A., DRADER Manufacturing, Herrmann Ultrasonic, and others.

Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the plastics manufacturing and welding industry
  • Market fuelers, market impediments, and their impact on market growth
  • in-depth competitive environment analysis
  • Trailing 2-year market size data (2013–2015)
  • SRC (Segment, Region, Country) Analysis

Overall, the research study provides a holistic view of the global plastic welding market, offering market size and estimates for the period from 2016 to 2023, keeping in mind the factors mentioned above.

The global plastic welding equipment market is segmented, based on its welding methods, into the following categories:

  • Electric Socket
  • Ultrasonic
  • Hot Plate
  • Spin
  • Hot Gas
  • Extrusion
  • Injection
  • High Frequency
  • Laser
  • Others (induction, solvent, etc.)

The overall plastic welding equipment market comprises many plastic welding methods designed for different applications. This is due to the wide range of materials used for various applications. As of 2015, the overall plastic welding equipment market was dominated by welding methods such as ultrasonic welding and hot plate, hot gas, and laser welding equipment. Collectively, the aforementioned plastic welding equipment contributes to more than 50% of the total market worldwide. Amongst these, ultrasonic and hot plate welding is the most prominent type of equipment used worldwide in different applications. Thus, the segments are estimated to retain dominance throughout the forecast period. The laser welding segment is expected to witness the fastest growth through the forecast period.

The global plastic welding equipment market has been segmented based on geographical regions, as per the following regions and countries:

  • North America
    • US.
    • Canada
  • Europe
    • Germany
    • France
    • UK.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-east Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of the Middle East and Africa

As of 2015, worldwide plastic welding equipment dominated the Asia Pacific region. The market here is mainly supported by China, Japan, and South Korea. China accounts for the largest plastic product manufacturing sector in the world. Due to its huge manufacturing sector, the nation has emerged as one of the largest markets for plastic welding equipment over time. India is another emerging market for plastic welding equipment owing to its rising plastic manufacturing sector. Subsequently, Asia Pacific is estimated to retain its dominant position in the market throughout the forecast period. Europe follows the Asia Pacific region in terms of global plastic welding equipment market revenue. The market here is majorly backed by Germany, Italy, France, the U.K., and others.

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions
1.3.5 Approach Adopted

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Plastic Welding Equipment Market
2.2 Global Plastic Welding Equipment Market, By Welding Method

Chapter 3 Market Dynamics
3.1 Introduction
3.1.1 Global Plastic Welding Equipment Market Revenue, 2013 – 2023, (US$ Mn)
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Impact Analysis of Drivers and Restraints
3.3 Ecosystem Analysis
3.4 Attractive Investment Proposition

Chapter 4 Market Inclination Insights: Plastic Welding Equipment
4.1 Overview
4.1.1 Evolution of Plastic Welding Equipment
4.1.2 Key Trends Analysis

Chapter 5 Global Plastic Welding Equipment Market Analysis, By Welding Method
5.1 Comparative Analysis
5.2 Ultrasonic
5.3 Electric Socket
5.4 Hot Plate
5.5 Hot Gas
5.6 Spin
5.7 Extrusion
5.8 Injection
5.9 High Frequency
5.10 Laser
5.11 Others

Chapter 6 North America Plastic Welding Equipment Market Analysis
6.1 Overview
6.2 North America Plastic Welding Equipment Market Analysis, By Welding Method, 2013 – 2023
6.2.1 Market Analysis
6.3 North America Plastic Welding Equipment Market Analysis, By Region, 2014 – 2023
6.3.1 U.S.
6.3.1.1 U.S. Plastic Welding Equipment Market Analysis, By Welding Method, 2013 – 2023
6.3.2 Canada
6.3.2.1 Canada Plastic Welding Equipment Market Analysis, By Welding Method, 2013 – 2023

Chapter 7 Europe Plastic Welding Equipment Market Analysis
7.1 Overview
7.2 Europe Plastic Welding Equipment Market Analysis, By Welding Method, 2013 – 2023
7.2.1 Market Analysis
7.3 Europe Plastic Welding Equipment Market Analysis, By Region, 2014 – 2023
7.3.1 U.K.
7.3.1.1 U.K. Plastic Welding Equipment Market Analysis, By Welding Method, 2013 – 2023
7.3.2 Germany
7.3.2.1 Germany Plastic Welding Equipment Market Analysis, By Welding Method, 2013 – 2023
7.3.3 Italy
7.3.3.1 Italy Plastic Welding Equipment Market Analysis, By Welding Method, 2013 – 2023
7.3.4 France
7.3.4.1 France Plastic Welding Equipment Market Analysis, By Welding Method, 2013 – 2023
7.3.5 Rest of Europe
7.3.5.1 Rest of Europe Plastic Welding Equipment Market Analysis, By Welding Method, 2013 – 2023

Chapter 8 Asia Pacific Plastic Welding Equipment Market Analysis
8.1 Overview
8.2 Asia Pacific Plastic Welding Equipment Market Analysis, By Welding Method, 2013 – 2023
8.2.1 Market Analysis
8.3 Asia Pacific Plastic Welding Equipment Market Analysis, By Region, 2014 – 2023
8.3.1 China
8.3.1.1 China Plastic Welding Equipment Market Analysis, By Welding Method, 2013 – 2023
8.3.2 Japan
8.3.2.1 Japan Plastic Welding Equipment Market Analysis, By Welding Method, 2013 – 2023
8.3.3 South Asia
8.3.3.1 South Asia Plastic Welding Equipment Market Analysis, By Welding Method, 2013 – 2023
8.3.4 Australasia
8.3.4.1 Australasia Plastic Welding Equipment Market Analysis, By Welding Method, 2013 – 2023
8.3.5 Rest of Asia Pacific
8.3.5.1 Rest of Asia Pacific Plastic Welding Equipment Market Analysis, By Welding Method, 2013 – 2023

Chapter 9 Middle East & Africa (MEA) Plastic Welding Equipment Market Analysis
9.1 Overview
9.2 MEA Plastic Welding Equipment Market Analysis, By Welding Method, 2013 – 2023
9.2.1 Market Analysis
9.3 MEA Plastic Welding Equipment Market Analysis, By Region, 2014 – 2023
9.3.1 GCC countries
9.3.1.1 GCC countries Plastic Welding Equipment Market Analysis, By Welding Method, 2013 – 2023
9.3.2 North Africa
9.3.2.1 North Africa Plastic Welding Equipment Market Analysis, By Welding Method, 2013 – 2023
9.3.3 South Africa
9.3.3.1 South Africa Plastic Welding Equipment Market Analysis, By Welding Method, 2013 – 2023
9.3.4 Rest of MEA
9.3.4.1 Rest of MEA Plastic Welding Equipment Market Analysis, By Welding Method, 2013 – 2023

Chapter 10 Latin America Plastic Welding Equipment Market Analysis
10.1 Overview
10.2 Latin America Plastic Welding Equipment Market Analysis, By Welding Method, 2013 – 2023
10.2.1 Market Analysis
10.3 Latin America Plastic Welding Equipment Market Analysis, By Region, 2014 – 2023
10.3.1 Brazil
10.3.1.1 Brazil Plastic Welding Equipment Market Analysis, By Welding Method, 2013 – 2023
10.3.2 Mexico
10.3.2.1 Mexico Plastic Welding Equipment Market Analysis, By Welding Method, 2013 – 2023
10.3.3 Rest of Latin America
10.3.3.1 Rest of Latin America Plastic Welding Equipment Market Analysis, By Welding Method, 2013 – 2023

Chapter 11 Competitive Landscape
11.1 Market Positioning of Key Industry Participants
11.2 Major Strategies Adopted by the Leading Market Players

Chapter 12 Company Profiles
12.1 Emerson Electric Co.
12.1.1 Emerson Electric Co.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
12.2 Dukane Corporation.
12.2.1 Dukane Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
12.3 Herrmann Ultrasonics, Inc.
12.3.1 Herrmann Ultrasonics, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
12.4 Leister Technologies AG.
12.4.1 Leister Technologies AG: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
12.5 DRADER Manufacturing Industries Ltd.
12.5.1 DRADER Manufacturing Industries Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
12.6 CEMAS Elettra S.r.l.
12.6.1 CEMAS Elettra S.r.l.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
12.7 RITMO S. p. A
12.7.1 RITMO S. p. A: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
12.8 3Axis Development, Inc.
12.8.1 3Axis Development, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
12.9 Imeco Machine Pvt. Ltd.
12.9.1 Imeco Machine Pvt. Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
12.10 Wegener Welding
12.10.1 Wegener Welding: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
12.11 Bielomatik Leuze Gmbh + Co. KG
12.11.1 Bielomatik Leuze Gmbh + Co. KG: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
12.12 Seelye Acquisitions, Inc.
12.12.1 Seelye Acquisitions, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)

List of Figures

FIG. 1 Global Plastic Welding Equipment: Market Segmentation
FIG. 2 Global Plastic Welding Equipment Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Global Plastic Welding Equipment Market, By Service, 2015 (US$ Mn)
FIG. 5 Global Plastic Welding Equipment Market, By Geography, 2015 (US$ Mn)
FIG. 6 Global Plastic Welding Equipment Market Revenue, 2013 – 2023, (US$ Mn)
FIG. 7 See-Saw Analysis : Global Plastic Welding Equipment Market
FIG. 8 Market Positioning of Key Mobile Robots Vendors, 2015
FIG. 9 Global Plastic Welding Equipment Market Revenue Contribution, By Welding Method, 2015 & 2023 (Value %)
FIG. 10 Global Ultrasonic Plastic Welding Equipment Market Revenue, 2013 – 2023, (US$ Mn)
FIG. 11 Global Electric Socket Plastic Welding Equipment Market Revenue, 2013 – 2023, (US$ Mn)
FIG. 12 Global Hot Plate Plastic Welding Equipment Market Revenue, 2013 – 2023, (US$ Mn)
FIG. 13 Global Hot Gas Plastic Welding Equipment Market Revenue, 2013 – 2023, (US$ Mn)
FIG. 14 Global Spin Plastic Welding Equipment Market Revenue, 2013 – 2023, (US$ Mn)
FIG. 15 Global Extrusion Plastic Welding Equipment Market Revenue, 2013 – 2023, (US$ Mn)
FIG. 16 Global Injection Plastic Welding Equipment Market Revenue, 2013 – 2023, (US$ Mn)
FIG. 17 Global High Frequency Plastic Welding Equipment Market Revenue, 2013 – 2023, (US$ Mn)
FIG. 18 Global Laser Plastic Welding Equipment Market Revenue, 2013 – 2023, (US$ Mn)
FIG. 19 Global Other Plastic Welding Equipment Market Revenue, 2013 – 2023, (US$ Mn)
FIG. 20 North America Plastic Welding Equipment Market Revenue, 2013 – 2023, (US$ Mn)
FIG. 21 U.S. Plastic Welding Equipment Market Analysis, 2013 – 2023, (US$ Mn)
FIG. 22 Canada Plastic Welding Equipment Market Analysis, 2013 – 2023, (US$ Mn)
FIG. 23 Europe Plastic Welding Equipment Market Revenue, 2013 – 2023, (US$ Mn)
FIG. 24 U.K. Plastic Welding Equipment Market Analysis, 2013 – 2023, (US$ Mn)
FIG. 25 Germany Plastic Welding Equipment Market Analysis, 2013 – 2023, (US$ Mn)
FIG. 26 Italy Plastic Welding Equipment Market Analysis, 2013 – 2023, (US$ Mn)
FIG. 27 France Plastic Welding Equipment Market Analysis, 2013 – 2023, (US$ Mn)
FIG. 28 Rest of Europe Plastic Welding Equipment Market Analysis, 2013 – 2023, (US$ Mn)
FIG. 29 Asia Pacific Plastic Welding Equipment Market Revenue, 2013 – 2023, (US$ Mn)
FIG. 30 China Plastic Welding Equipment Market Analysis, 2013 – 2023, (US$ Mn)
FIG. 31 Japan Plastic Welding Equipment Market Analysis, 2013 – 2023, (US$ Mn)
FIG. 32 South Asia Plastic Welding Equipment Market Analysis, 2013 – 2023, (US$ Mn)
FIG. 33 Australasia Plastic Welding Equipment Market Analysis, 2013 – 2023, (US$ Mn)
FIG. 34 Rest of Asia Pacific Plastic Welding Equipment Market Analysis, 2013 – 2023, (US$ Mn)
FIG. 35 MEA Plastic Welding Equipment Market Revenue, 2013 – 2023, (US$ Mn)
FIG. 36 GCC countries Plastic Welding Equipment Market Analysis, 2013 – 2023, (US$ Mn)
FIG. 37 North Africa Plastic Welding Equipment Market Analysis, 2013 – 2023, (US$ Mn)
FIG. 38 South Africa Plastic Welding Equipment Market Analysis, 2013 – 2023, (US$ Mn)
FIG. 39 Rest of MEA Plastic Welding Equipment Market Analysis, 2013 – 2023, (US$ Mn)
FIG. 40 Latin America Plastic Welding Equipment Market Revenue, 2013 – 2023, (US$ Mn)
FIG. 41 Brazil Plastic Welding Equipment Market Analysis, 2013 – 2023, (US$ Mn)
FIG. 42 Mexico Plastic Welding Equipment Market Analysis, 2013 – 2023, (US$ Mn)
FIG. 43 Rest of Latin America Plastic Welding Equipment Market Analysis, 2013 – 2023, (US$ Mn)

List Of Table

TABLE 1 Market Snapshot: Global Plastic Welding Equipment Market
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 North America Plastic Welding Equipment Market Revenue, By Welding Method, 2013 – 2023 (US$ Mn)
TABLE 5 U.S. Plastic Welding Equipment Market Revenue, By Welding Method, 2013 – 2023 (US$ Mn)
TABLE 6 Canada Plastic Welding Equipment Market Revenue, By Welding Method, 2013 – 2023 (US$ Mn)
TABLE 7 Europe Plastic Welding Equipment Market Revenue, By Welding Method, 2013 – 2023 (US$ Mn)
TABLE 8 U.K. Plastic Welding Equipment Market Revenue, By Welding Method, 2013 – 2023 (US$ Mn)
TABLE 9 Germany Plastic Welding Equipment Market Revenue, By Welding Method, 2013 – 2023 (US$ Mn)
TABLE 10 Italy Plastic Welding Equipment Market Revenue, By Welding Method, 2013 – 2023 (US$ Mn)
TABLE 11 France Plastic Welding Equipment Market Revenue, By Welding Method, 2013 – 2023 (US$ Mn)
TABLE 12 Rest of Europe Plastic Welding Equipment Market Revenue, By Welding Method, 2013 – 2023 (US$ Mn)
TABLE 13 Asia Pacific Plastic Welding Equipment Market Revenue, By Welding Method, 2013 – 2023 (US$ Mn)
TABLE 14 China Plastic Welding Equipment Market Revenue, By Welding Method, 2013 – 2023 (US$ Mn)
TABLE 15 Japan Plastic Welding Equipment Market Revenue, By Welding Method, 2013 – 2023 (US$ Mn)
TABLE 16 South Asia Plastic Welding Equipment Market Revenue, By Welding Method, 2013 – 2023 (US$ Mn)
TABLE 17 Australasia Plastic Welding Equipment Market Revenue, By Welding Method, 2013 – 2023 (US$ Mn)
TABLE 18 Rest of Asia Pacific Plastic Welding Equipment Market Revenue, By Welding Method, 2013 – 2023 (US$ Mn)
TABLE 19 MEA Plastic Welding Equipment Market Revenue, By Welding Method, 2013 – 2023 (US$ Mn)
TABLE 20 GCC countries Plastic Welding Equipment Market Revenue, By Welding Method, 2013 – 2023 (US$ Mn)
TABLE 21 North Africa Plastic Welding Equipment Market Revenue, By Welding Method, 2013 – 2023 (US$ Mn)
TABLE 22 South Africa Plastic Welding Equipment Market Revenue, By Welding Method, 2013 – 2023 (US$ Mn)
TABLE 23 Rest of MEA Plastic Welding Equipment Market Revenue, By Welding Method, 2013 – 2023 (US$ Mn)
TABLE 24 Latin America Plastic Welding Equipment Market Revenue, By Welding Method, 2013 – 2023 (US$ Mn)
TABLE 25 Brazil Plastic Welding Equipment Market Revenue, By Welding Method, 2013 – 2023 (US$ Mn)
TABLE 26 Mexico Plastic Welding Equipment Market Revenue, By Welding Method, 2013 – 2023 (US$ Mn)
TABLE 27 Rest of Latin America Plastic Welding Equipment Market Revenue, By Welding Method, 2013 – 2023 (US$ Mn)
TABLE 28 Emerson Electric Co.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 29 Dukane Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 30 Herrmann Ultrasonics, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 31 Leister Technologies AG: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 32 DRADER Manufacturing Industries Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 33 CEMAS Elettra S.r.l.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 34 RITMO S. p. A: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 35 3Axis Development, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 36 Imeco Machine Pvt. Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 37 Wegener Welding: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 38 Bielomatik Leuze Gmbh + Co. KG: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 39 Seelye Acquisitions, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)

Frequently Asked Questions

What is the size of Plastic Welding Equipment Market?

The market for Plastic Welding Equipment Market is expected to reach XX Mn in 2023.

What is the Plastic Welding Equipment Market CAGR?

The Plastic Welding Equipment Market is expected to see significant CAGR growth over the coming years,at XX.

What is the Forecast period considered for Plastic Welding Equipment Market?

The report is forecasted from 2016-2023.

What is the base year considered for Plastic Welding Equipment Market?

The base year of this report is 2015.

Who are the major players in this market?

Emerson Electric Co.,Dukane Corporation.,Herrmann Ultrasonics, Inc.,Leister Technologies AG.,DRADER Manufacturing Industries Ltd. are some of the major players in the global market.

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