Welding Equipment Market Analysis By Manufacturers
Rampant growth of automobile and construction industry is expected to drive the global welding equipment market growth during the forecast periodWelding technology is an inseparable part of automobile industry with different types of welding techniques being used such as laser-beam welding, friction welding, and resistant welding. Rampant growth of automobile industry in the recent past increased the demand for welding equipment significantly. For instance, according to International Organization of Motor Vehicle Manufacturers (OICA), total global car sales were pegged at 82 million units in 2012, which increased to 95 million units in 2018. Moreover, rapid growth of construction industry, especially in emerging economies India and China is expected to drive the market growth over the forecast period. Various end-use industries such as transportation & automotive, steel structure, building & construction are witnessing lucrative growth emerging economies such as China and India, which in turn, is expected to boost the market growth over the forecast period.
๐๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐๐จ๐ฐ ๐ฐ๐ข๐ญ๐ก ๐๐จ๐ฆ๐ ๐๐๐ง๐๐๐ข๐ญ๐ฌ!
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**๐ข๐ง๐๐ฅ๐ฎ๐๐ข๐ง๐ ๐๐๐,๐๐ข๐ ๐ฎ๐ซ๐๐ฌ ๐๐ง๐ ๐๐ก๐๐ซ๐ญ+๐๐ ๐ฆ๐ข๐ง๐ฎ๐ญ๐๐ฌ ๐จ๐ ๐๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐๐ญ๐ข๐จ๐ง
* country level analysis for any 5 ๐๐๐๐๐๐๐๐๐ ๐๐ ๐๐๐๐ ๐๐๐๐๐๐.
* Competitive analysis of any market players.
* 40 ๐๐๐๐๐๐๐ ๐๐๐๐๐ to cover any other data points
Rapid growth of oil & natural gas industry is expected to propel the global welding equipment market growth over the forecast period
Oil & and natural gas industry is the largest end-use industry of welding equipment, products, and consumables. Rapid growth of oil & gas industry is expected to drive the market growth in the near future. Different types of welding techniques are used oil & gas industry such as shielded metal arc welding (SMAW), submerged arc welding (SAW), gas metal arc welding (GMAW), and tungsten inert gas welding (TIG). Construction of new pipelines and gas manufacturing facilities coupled with increasing demand for gas pipeline is expected to increase the demand for welding equipment in the near future. Furthermore, increased offshore exploration in deep water has resulted in high investments in oilrigs. Therefore, such activities are expected to boost the market growth over the forecast period.
Asia Pacific region dominated the global welding equipment market in 2018, accounting for 33.2% share in terms of value, followed by Europe and North America, respectively.
๐พ๐๐๐ ๐ ๐๐๐ ๐๐๐ ๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐๐๐๐ ๐๐๐๐๐? ๐ช๐๐ ๐๐๐ ๐๐๐๐๐๐๐ ๐๐ ๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐ ๐๐ ๐ ๐๐ ?
Currently, the research report pays particular attention to the following regions:
๐ต๐๐๐๐ ๐จ๐๐๐๐๐๐ (๐ผ๐๐๐๐๐ ๐บ๐๐๐๐๐, ๐ช๐๐๐๐ ๐, ๐ด๐๐๐๐๐), ๐ฌ๐๐๐๐๐ (๐ฎ๐๐๐๐๐๐, ๐ผ๐๐๐๐๐ ๐ฒ๐๐๐๐ ๐๐, ๐ญ๐๐๐๐๐, ๐ฐ๐๐๐๐, ๐น๐๐๐๐๐, ๐บ๐๐๐๐, ๐๐๐.), ๐บ๐๐๐๐ ๐จ๐๐๐๐๐๐ (๐ฉ๐๐๐๐๐, ๐จ๐๐๐๐๐๐๐๐, ๐๐๐.) ๐๐๐ ๐ด๐๐ ๐ ๐๐ ๐ฌ๐๐๐ ๐๐๐ ๐จ๐๐๐๐๐ (๐บ๐๐๐ ๐ ๐จ๐๐๐๐๐, ๐บ๐๐๐๐ ๐จ๐๐๐๐๐, ๐๐๐.)
** A country of specific interest can be included at no additional cost. For the inclusion of more regional segments, quotes may vary.
๐ป๐๐ ๐๐๐๐ ๐๐๐ ๐๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐ ๐๐๐๐๐ ๐๐๐-Amada Miyachi, Inc., Arcon Welding Equipment, Colfax Corporation, DAIHEN Corporation, ESAB Welding & Cutting Products, Fronius International GmbH, Illinois Tool Works, Inc., Nelson Stud Welding (Doncasters Group, Ltd.), Obara Corporation, Panasonic Corporation., Rofin-Sinar Technologies, Sonics & Materials, Inc., The Lincoln Electric Company, and voestalpine AG.
Key Developments
Key companies in the market are focused on capacity expansion, in order to gain competitive edge in the market. For instance, in May 2018, DAIHEN Inc., opened Detroit Technical Center in Detroit, Michigan for the sales and service of manual and robotic welding components.
Major companies in the market are involved in investments, in order to enhance their market presence. For instance, in May 2019, The Lincoln Electric invested US$ 20 million on the plant located in Mahindra World City, a special economic zone, in Chennai, India.
๐ช๐๐ ๐๐ ๐๐ ๐ ๐๐ ๐๐๐๐๐๐๐ ๐ ๐๐๐ ๐๐๐๐๐๐๐ ๐๐๐๐๐๐ ๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐ ๐?
Yes, we can add or profile a new company according to customer needs in the report. Final confirmation should be provided by the research team depending on the difficulty of the investigation.
** The availability of data will be confirmed by research in the case of a private company. ๐ผ๐ ๐๐ 3 ๐๐๐๐๐๐๐ can be added at no additional cost.
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