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Engine-Driven Welders Market Size, Share, Development by 2024– Top Key players like Lincoln Electric,Miller,ESAB,Inc.
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Engine Driven Welders incorporate a gasoline, diesel, or propane fueled engine coupled to an electrical generator to produce power for Stick, TIG, MIG and Flux-Cored welding. Engine driven welders are typically transported on a truck or trailer and are primarily used outdoors. The electricity generated by an engine driven welder powers fans, pumps, air compressors or other electrical tools commonly found on jobsites. During power outages, an engine driven welder can also be used as a backup generator.
With emerging economies growing faster, a strategy has been adopted by most leading vendors in the Engine-Driven Welders market to approach these areas. Our report analysis of the Engine-Driven Welders market indicated that North America would account for the highest sales in 2023 with close to 30 percent of global sales coming from this region, but Asia has the highest growth rate. Vendors recognize the importance of this region, particularly in China, and are working towards penetrating this market by strengthening their sales and distribution networks.
According to this study, over the next five years the Engine-Driven Welders market will register a 1.7% CAGR in terms of revenue, the global market size will reach US$ 500 million by 2024, from US$ 460 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Engine-Driven Welders business, shared in Chapter 3.
Market Segment by Manufacturers, this report covers
Lincoln Electric
Miller
ESAB
Denyo
Shindaiwa
MOSA
Telwin
Genset
Inmesol
Green Power
KOVO
Xionggu
Market Segment by Type, covers
Gasoline Engine
Diesel Engine
LPG Fueled Engine
Market Segment by Applications, can be divided into
Infrastructure
Oil & Gas
Power Generation
Refinery
Construction
Pipeline
Mining
Maintenance
Others
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Related Information:
North America Engine-Driven Welders Market Growth 2019-2024
United States Engine-Driven Welders Market Growth 2019-2024
Asia-Pacific Engine-Driven Welders Market Growth 2019-2024
Europe Engine-Driven Welders Market Growth 2019-2024
EMEA Engine-Driven Welders Market Growth 2019-2024
Global Engine-Driven Welders Market Growth 2019-2024
China Engine-Driven Welders Market Growth 2019-2024
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