Welding Equipment Market By Top Key Players Like - Lincoln Electric, Colfax, Illinois Tool Works, Kobe Steel, Fronius International, Aotai Electric, Koike Aronson, Aitel Welder, Taylor-Winfield, EWM
Welding is defined as a process where two or more pieces of metal or thermoplastics are fastened together by use of heat and pressure. The process of applying heat softens the material and enables it to affix together as one in a joint area when an adequate amount of pressure is applied.
China is the largest production regions, occupied 37.67% market share, and the production was 6739.4 k units in 2015. Lincoln Electric, Colfax, Illinois Tool Works are the major producer, and the leading companies occupied 55.92% market share.
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The mainly product types include arc welding and resistance welding, arc welding occupied largest market, about 69.39%; welding equipment used mainly in the automotive, heavy Equipment, aerospace, electronics, medical, precision instruments, energy and chemical field.
Although welding equipment industry brings a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
Over the next five years, LPI(LP Information) projects that Welding Equipment will register a 4.8% CAGR in terms of revenue, reach US$ 13100 million by 2023, from US$ 9900 million in 2017.
This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
Illinois Tool Works
Panasonic Welding Systems
Nelson Stud Welding
Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
North America (United States, Canada and Mexico)
Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
Europe (Germany, UK, France, Italy and Russia etc.)
South America (Brazil, Chile, Peru and Argentina)
Middle East and Africa (Egypt, South Africa, Saudi Arabia)
Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
Electronics, Medical, Precision Instruments
Energy and Chemical
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