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Welding Equipment, Accessories & Consumables Market Growth Probability, Leading Vendors and Future Scenario By 2023-2030

02-07-2024 11:16 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Welding Equipment, Accessories & Consumables Market Growth

The global welding equipment, accessories & consumables market is anticipated to grow at a CAGR of 4.7% during the forecast period. The market is majorly dependent on transportation, building and construction, and heavy industries. Welding is wildly used in the transportation industry to manufacture vehicle parts and accessories. According to the OICA (Organisation Internationale des Constructeurs d'Automobiles) the global production of passenger cars in 2021 amounted to 80.1 million compared to 77.6 million in 2020, which supports accelerating the market growth.

Moreover, robotics innovations have led to an increase in the usage of robots in the automotive sector for fusing operations. The robots offer benefits including it improves process efficiency, productivity, quality,reduction, and others which increase their demand in the automotive industry. To cater to the demand key layers are launching robotic welding systems to stay competitive in the market. For instance, in July 2019, Yaskawa America, Inc. launched three products in the robotic welding space. The product includes AR3120, Universal Weldcom Interface (UWI), and ArcWorld 50 series work cell. The AR3120 is a six-axis arc welding robot that has a 3,124-mm horizontal reach and 5,622-mm vertical reach. The UWI is a pendant application that enables full utilization of the advanced capabilities of select Miller and Lincoln Electric digital welding power supplies and the ArcWorld 50 series work cell is an affordable, wire-to-weld system that comes pre-assembled on a common base. Additionally, AR3120 is ideal for agriculture equipment, construction machinery, or automotive frames and has a 20 kg payload capacity. The robot can be floor-, wall-, tilt- or ceiling-mounted, and is controlled by the YRC1000 controller, which doesn't require a transformer for input voltages ranging from 380VAC to 480VAC. The YRC1000 includes a lightweight teach pendant with intuitive programming, fitting into a compact cabinet

To Request a Sample of our Report on Welding Equipment, Accessories & Consumables Market: https://www.omrglobal.com/request-sample/welding-equipment-accessories-and-consumables-market

Market Coverage

The market number available for - 2023-2030
Base year- 2023
Forecast period- 2024-2031
Segment Covered-

By Equipment
By Technology
By End-User
Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- including ACRO Automation Systems Inc., Air Liquide S.A., Banner Welding Inc., Daihen Corp., Denyo Co., Ltd., Emerson Electric Co., Forward Sonic Tech Co. Ltd., and others.
A full Report of Welding Equipment, Accessories & Consumables Market is Available @ https://www.omrglobal.com/industry-reports/welding-equipment-accessories-and-consumables-market

Welding Equipment, Accessories & Consumables Market Report Segment

By Equipment

Electrodes & Filler Metal Equipment
Oxy-fuel Gas Equipment
Other Equipment
By Technology

Arc Welding
Oxy-fuel Welding
Others
By End-User

Automotive
Construction and Infrastructure
Shipbuilding
Power Generation
Others
Welding Equipment, Accessories & Consumables Market Report Segment by Region

North America

United States
Canada
Europe

UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific

India
China
Japan
South Korea
Rest of APAC
Rest of the World

Latin America
Middle East and Africa
Company Profiles

ACRO Automation Systems Inc.
Air Liquide S.A.
Banner Welding Inc.
Daihen Corp.
Denyo Co., Ltd.
Emerson Electric Co.
Forward Sonic Tech Co. Ltd.
Fronius International GmbH
Hyundai Welding Co., Ltd.
Illinois Tool Works Inc.
Kobe Steel Ltd
Kormax System Inc.
Lincoln Electric Holdings, Inc.
Mitco Weld Products Pvt. Ltd.
Nippon Avionics Co. Ltd.
Obara Group Inc.
Panasonic Holdings Corp.
SONICS & MATERIALS, INC.
TIANJIN BRIDGE WELDING MATERIALS CO., LTD.
VOESTALPINE AG
Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/welding-equipment-accessories-and-consumables-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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