Welding Equipment & Consumables Market 2024 Trend & Regional Revenue By Top Manufacturers Lincoln Electric, ESAB, Panasonic USA, Miller Electric Mfg. LLC, Fronius International GmbH
Geographically, Asia Pacific accounts for a notable share in the welding equipment & consumables market and will grow at a significant rate to hold over 40% of the entire market by 2024. Asia Pacific will showcase strong growth opportunities owing to the rapidly growing automobile, shipbuilding, construction, and aerospace industries in the region.
Sample copy of this Report @
Growing construction industry in the Asia Pacific region due to rapid growth in the fast-developing economies of China, India, and Japan will further enhance the welding equipment & consumables market. Asia Pacific contributed around 45% of the global construction spending in 2016 and accounted for over USD 4 billion. Moreover, infrastructural and transportation development shall further fuel the welding equipment & consumables market demand in the forecast span.
The total sales of vehicles in India and China accounted for over 30 billion in 2016, whereas that in Japan was recorded close to 5 billion in the same year. Extensive product use in the automotive industry will propel the welding equipment & consumables market demand in the next seven years.
Welding Equipment & Consumables Market by Product
• Welding equipment
• Arc welding equipment
• Resistant welding equipment
• Oxy-fuel welding equipment
• Laser-beam welding equipment
• Welding consumables
• Stick electrodes
• Solid wires
• Flux cored wires
• SAW & fluxes
Make an Inquiry for purchasing this Report @
The equipment segment finds application in various industrial activities and include arc, resistant, oxy-fuel and laser-beam equipment. Arc welding equipment market will hold around 40% of the entire share by 2024 growing at an exponential rate due to the its rising popularity over its peers. Welding equipment & consumables market is set to witness significant gains in the next seven years.
Welding process leads to considerable environmental and health hazards due to the release of toxic gases such as nitric oxide, carbon monoxide, ozone and nitrogen dioxide. These gases when released in the air cause contamination and may also result in pulmonary infection or respiratory illness to workers dealing with such welding activities. Poor working conditions in small and medium enterprises may lead to severe health hazards among workers. These factors might hinder the welding equipment & consumables market in coming years.
Browse Report Summery @
Prominent players operating in the entire welding equipment & consumables market are Obara Corporation, Miller Electric, Miyachi America Corporation, Lincoln Electric Company, Fronius International, ESAB Group, Doncasters Group, DAIHEN Corporation, Arcon Welding, Kiswel, Voestalpine AG, Senor Metals, Panasonic Corporation, Sonics & Materials, and ROFIN-SINAR Technologies to name some.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Welding Equipment & Consumables Market 2024 Trend & Regional Revenue By Top Manufacturers Lincoln Electric, ESAB, Panasonic USA, Miller Electric Mfg. LLC, Fronius International GmbH here
News-ID: 1426544 • Views: 588
More Releases from Global Market Insights, Inc
How global Crane Market Growing Rapidly...? Top players - Liebherr Group, Terex …
The Crane Market research study is a detailed document that presents a gist of the global industry space in terms of numerous parameters. Some of these falls along the likes of the industry insights, growth drivers, industry segmentation, size and trends worldwide. Crane Market is expected to exceed USD 28 billion by 2025. The increasing construction spending and the emergence of new public & private infrastructures across the globe
Global Hydraulic Hoist Market 2019 by regional trend & growth forecast to 2025 | …
Global Market Insights has recently added Hydraulic Hoist Market report which mentions valuable insights pertaining to market share, profitability graph, market size, SWOT analysis, and regional proliferation of this industry. The Asia Pacific regional Hydraulic Hoist Market is predicted to have the lion's share, in the entire forecast period. This regional market might cross USD 140.0 million till 2025, at CAGR more than 5.9%. The North America
Pharmacovigilance Outsourcing Market Growth Analysis by Product, Application, In …
U.S. pharmacovigilance outsourcing market dominated North America region and was valued at USD 783.2 million revenue in 2017 and is estimated to witness similar trend during the forthcoming years. The high growth is attributed to strong foothold of major pharma and medical device companies coupled with extensive drug development activities in the U.S. Moreover, high healthcare expenditure in the country and growing concern regarding drug safety and adverse drug reactions
United Rentals | Construction Equipment Rental Market 2024 | Top Manufacturers U …
Construction Equipment Rental Market in Asia Pacific is expected to reach over USD 40 billion by 2024. The emerging trend of the organizations toward renting of heavy construction equipment will have a positive impact toward the industry demand. Rising wage rates in China coupled with the changing consumption patterns are generating a huge demand for the rental machinery. Construction Equipment Rental Market to cross $140 billion by 2024.
More Releases for Welding
Welding Equipment Market 2024
Flourishing automobiles and construction industries are cropping up owing to rapid industrialization worldwide. With rapid development in various companies, various countries have increasingly adopted welding technology such as resistance welding, oxy-fuel welding, and laser welding. For various industries such as transport industry, fabric industry and automotive segment, welding is an imperative procedure. With the ever changing technology breaking traditional barriers, welding equipment Market market has further witnessed development for application in
Classification of Welding Methods
Spiral welded steel pipe according to the welding method can be divided into different arc welding pipe, high frequency or low frequency resistance welded pipe, gas pipe, furnace pipe, Bundy tube. Welded steel pipe: for oil drilling and machinery manufacturing industry. Welded pipe: can be used as water and gas pipes, large diameter straight seam welded pipe for high pressure oil and gas transportation; spiral welded pipe for oil and gas transportation,
Global Welding Equipment Market: Arc welding, Resistant welding, Oxy fuel weldin …
MarketResearchReports.Biz adds “Global Welding Equipment Market 2016 Share, Size, Trends and Forecast to 2021 Market Research Report” reports to its database. This report provides a strategic analysis of the Welding Equipment market and the growth estimates for the forecasted period. A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of global welding equipment market on
Global Welding Robotics Market
Welding robotics is a technology which provides automated welding robots to serve during designing and manufacturing processes. Welding robots have offered a viable solution to achieve mass production by decreasing the manufacturing cycle time. Moreover, benefits such as repeatability and accuracy have led to the increasing applications of welding robots in several end-use industries. On account of its precision and repetitiveness, welding robots are widely used in automotive sector where
Resistance Welding Machine Market By Welding Technology, Arc Welding Segment
bigmarketresearch.com announces addition of new report “Resistance Welding Machine Market 2016-2021” to its database. Download Sample Copy: http://bit.ly/2fD9PjM This report focuses on the Resistance Welding Machine in Global market, especially in North America, Europe and Asia-Pacific, Latin America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application. Resistance welding is a welding technology widely used in manufacturing industry for joining metal sheets and components.
Welding Consumables Market:
Welding is typically a sculptural process of joining various metals and thermoplastics together by means of coalescence. It is an economical and effective process for creating strong joints between two or more parts. Filler metals melt during the course of welding and give a strong joint. Flux is commonly used to produce a shield of gas around the weld pool for preventing the oxidation of hot metals. Flux typically acts