Welding Equipment Market 2018 Future Growth Opportunity to 2025 in Industries like Air liquid SA, Daihen Corporation, Panasonic Welding Systems, ARCON Welding, ACRO Automation Systems, Banner Welder, Illinois Tool Works and others

Adroit Market Research has announced the addition of the “Global Welding Equipment Market Size Status and Forecast 2025”, The report classifies the global Welding Equipment in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.

This report studies the global Welding Equipment Speaker market, analyzes and researches the Welding Equipment Speaker development status and forecast in North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. This report focuses on the top players in global market, like Air liquid SA, Daihen Corporation, Panasonic Welding Systems, ARCON Welding, LLC, ACRO Automation Systems, Rofin-Sinar Technologies, Illinois Tool Works, Banner Welder, Lincoln Electric Holdings

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Welding is basically a process of assembling or manufacturing employed to join materials such as thermoplastics and metals. These materials are joined together by synthesis of the interconnecting materials. Number of industrial products are made by using the welding process. Therefore, the use of new tools in numerous industries are demanding new and inventive welding technologies. Hence, many industrial manufacturers are focusing on the improvement of new welding machines and tools to accomplish the growing demand.

The Global welding equipment market is projected to witness beneficial growth in coming years, owing to rising demand for various application comprising shipbuilding, offshore exploration, oil and gas, automotive, construction, energy, and aerospace. Likewise, the change of trend from manual to automated machine is expected to grow demand of the market.

By technology, the welding equipment market can be categorized into resistance welding, arc welding, laser beam welding, oxy-fuel welding, and others. Among these, the arc welding segment conquered the market for welding equipment in previous years and is anticipated to raise maximum grip in coming years. Arc welding is one of the most favored technology in the production of offshore structures, pipelines, and other practice equipment. Innovative arc welding technologies are also being announced to increase efficiency and productivity. The growing trend of decrease in the weight of car bodies is increasing the demand for innovative arc welding technologies.

Increasing substructure projects comprising wind turbine connections is a major factor driving the welding equipment market growth. Asia has converted into a manufacturing hub with developing economies, such as China and India, driving huge demand of the growth. The European manufacturing industry is expected to lead the trade thoroughly followed by the Asia Pacific and U.S., which is credited to growing demand from European transportation, electronics, construction, and heavy machinery industries.

By application, the welding equipment market categorized into building & construction, automotive & transportation, marine, oil & gas, metalworking, aerospace & defense, and others. Development of automotive & transportation segment is expected to drive the rising demand for welding equipment market over forecast years. The global welding equipment market is estimated to value higher than before in coming years, as automotive is a major element of the market. Numerous materials such as glass, steel, copper, rubber, plastic, and aluminum are used in various parts of a vehicle.

Global welding equipment market: Segmentation

By Product

Solid wires
Stick electrodes
SAW wires and fluxes
Flux-cored wires
Others

By Application

Building & Construction
Automobile & Transportation
Power sector
Marine
Wear plate
Oil & gas
Others

Geographically, Europe is expected to lead the global welding equipment market over forecast year. This can be accredited to growing demand from transportation, automotive, electronics, construction industries, and heavy machinery in Europe. Likewise, significant growth in energy productivity offered by robotic welding equipment is expected to enlarge the demand for these tools in North America and Europe in coming years.

What to expect from the upcoming report on ‘Global Welding Equipment Market’:

- Analysis of future prospects as well as global welding equipment market trends market over the forecast period (2018-2025)

- Information regarding technological progressions as well as innovations taking place in developing as well as developed economies and also various macro & microeconomic factors that affect the growth of the market.

- Supportive initiatives by government likely to influence the market dynamics.

- Key drivers influencing market’s growth, opportunities, restraints, sales channels and distributors.

- In-depth analysis of different market segmentations including end-user, application, manufacturing process and geographical regions.

- Deep analysis about the competitive landscape of the market and the initiatives by them to improve this market such as expansions, growth strategies, agreements, new product launches and acquisitions in the market

- Value Chain and Sales Channels Analysis

Who should buy this report?

- Report is especially designed for Venture capitalists, Investors, financial institutions, Analysts, Government organizations, regulatory authorities, policymakers, researchers, strategy.

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This release was published on openPR.