openPR Logo
Press release

Welding Equipment & Consumables Market by Regional Growth Factors, Trends & Analysis of Leading Players by 2024

07-15-2019 09:36 PM CET | Industry, Real Estate & Construction

Press release from: Global Market Insights Inc.

Welding Equipment & Consumables Market

Welding Equipment & Consumables Market

Welding Equipment & Consumables Market in Asia Pacific has accounted over 40% industry share in 2016. Various thriving industries in the region such as: construction, automobile, shipbuilding, etc. will create growth avenues for the regional industry in the coming years.

Robust outlook for infrastructure sector featured by India, China, Japan and Indonesia will propel welding equipment and consumables market by 2024. Asia Pacific construction industry was more than USD 4 trillion in 2016, contributing to 45% share of construction expenditure worldwide. Rapid urbanization coupled with population rise have fueled the demand for enhanced infrastructure facilities in the region, which will have a positive influence on the welding industry over the forecast timeframe. Rising demand for welding automation technology in fabrication industry will also augment the global welding equipment & consumables market in the near future.

Request for a sample copy of this report @

Automation and industrialization have led to ascended energy needs in the recent years has been positively influencing the global welding equipment and consumables market. In addition, increasing oil & gas explorations will complement industry growth, as these equipment are used in uphill and downhill welding applications.
Welding equipment & consumables market was competitive in 2016 due to prevalence of various large and medium companies in the value chain.

Key industry participants include:
• Obara Corporation
• Arcon
• Miller Electric
• Welding
• Fronius International
• DAIHEN Corporation
• Doncasters Group
• Panasonic Corporation
• Voestalpine AG

Welding Equipment & Consumables Market by Application:
• Automobile & transportation
• Building & construction
• Marine applications
• Aerospace & defense
• Metal working applications

Automobile and transportation segment is projected to exceed USD 5 billion over the forecast timeframe. The growth will be attributed to rising passenger car sales particularly in Asia Pacific. Total automotive sales in the region including: China, India, Japan, Australia, Indonesia, Thailand and Malaysia were over 40 million units in 2016. Surge in shipbuilding activities coupled with offshore oil extraction will boost the demand for welding equipment and consumables in marine applications by 2024.

Make an Inquiry for Purchasing this Report @

Welding Equipment & Consumables Market by Product:
• Welding equipment
• Arc welding equipment
• Resistant welding equipment
• Oxy-fuel welding equipment
• Laser-beam welding equipment

Arc welding equipment led the welding equipment market with revenue of USD 3 billion in 2016. In case of welding consumables, stick welding electrodes are likely to lose some share to fluxes, wires and other consumable electrodes by 2024. The trend will be on account of their features such as: stronger welds, higher deposition rates and better sustainability for outdoor work over stick electrodes.

Air contamination caused by the emission of hazardous gases including carbon monoxide, nitric oxide, nitrogen dioxide, etc. as well as the particulates such as nickel, iron oxide, fluorides, copper, zinc, cadmium and others from the welding process might pose as an industry restrain in the near future. Another factor affecting the welding equipment & consumables market growth is the average working conditions at small scale and medium scale welding firms.

Browse Report Summery @

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688

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.

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 by Regional Growth Factors, Trends & Analysis of Leading Players by 2024 here

News-ID: 1804464 • Views: 252

More Releases from Global Market Insights Inc.

What's driving the Pigments Market share? | Trends by Key Players: Merck Group, …
The global pigments market will be witnessing promising growth on account of rising demand from the construction and printing ink industry. Paint and coating industry is a major contributor to the global construction sector which is proliferating on account of increasing urbanization and industrialization lately. Request for a sample of this research report @ Companies covered: BASF SE, Merck Group, Ferro Corporation, Lanxess AG, Pidilite Industries Ltd., Clariant AG, DIC Corporation,
What's driving the Coil Coatings Market Growth? | by Top Key Participant BASF SE …
Coil coating is a continuous, sophisticated and highly-automated industrial process used for coating metal coils. Pre-painted metal is virtually everywhere, on roads, bridges, pipes, industrial machinery, and countless other products. Global coil coatings market outlook will be propelled by extensive application in automotive, construction and electrical appliances over the coming years. Get sample copy of this research report @ Robust growth of automotive and construction sectors particularly in emerging economies
What's driving the Nitrocellulose Market size? | 2019-2025 Key Players: Nitro Qu …
Rising use of nitrocellulose across multiple industrial formulations will drive nitrocellulose market share over the forecast timeframe. The product is known to dissolve easily in several organic solvents and provides a tough, flexible film that is best used for an effective surface finish, enhancing the use of the product in auto paints and wood coating applications. Get sample copy of this research report @ The government has laid down a
Smart Clothing Market 2024: Forecasts By Leading Key Players - Zephyr, Adidas, A …
Smart clothing market has been forecast to face certain challenges at its initial stages, notwithstanding the predictions made about it being one of most lucrative businesses in recent times. Some of these constraints lurk along the lines of high product prices, unreliability, and personal security threats. Moreover, on the technical front, the present-day challenges of smart clothing industry such as limited battery life, wireless technology, huge capital investment, wash ability,

All 5 Releases

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 announces addition of new report “Resistance Welding Machine Market 2016-2021” to its database. Download Sample Copy: 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