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Global Arc Welding Equipment Market to grow at a CAGR of 4.30% during the period 2017-2021

02-27-2017 01:29 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: MRC Tech

Market Research analysts forecast the global arc welding equipment market to grow at a CAGR of 4.30% during the period 2017-2021.

According to the report, one of the major drivers for this market is positive outlook for global construction sector. The positive outlook in the overall construction industry is expected to a significant positive impact on the global arc welding equipment market. Welding equipment is used extensively in the construction industry, especially in the welding of structural steel. The use of structural steel within the industry has become imperative and is considered an important raw material for this industry.

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Further, the report states that one of the major factors hindering the growth of this market is growing popularity of friction-stir welding in automotive sector. Friction-stir welding technology is a unique and innovative technique that uses frictional heat coupled with precisely controlled forging pressure to join two metals. This technique imparts high-integrity to the final product and makes it defect-free. Mechanical distortions are eliminated as the entire operation takes place under a low operating temperature.

About Arc Welding Equipment

Arc welding is a process used to join two metals; during the process, the ample amount of heat, which is generated, melts the metals and results in binding them when they cool.

Complete Report Details @ https://marketreportscenter.com/reports/507728/global-arc-welding-equipment-market-2017-2021

Covered in this report

The report covers the present scenario and the growth prospects of the global arc welding equipment market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of arc welding equipment.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Global Arc Welding Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Colfax
Fronius
ITW
Lincoln Electric
Other prominent vendors
Amada Miyachi
American Torch Tip
Arc Machines
Automation International
Beijing Time Technologies
CEA
Daihen
Doncasters Group
Kobe Steel
NIMAK
Panasonic Welding Systems
Shandong Aotai Electric
Shanghai Hugong Electric Group
Shenzhen Riland Industry
Telwin
Market driver
Positive outlook for global construction sector
For a full, detailed list, view our report

Market challenge
Growing popularity of friction-stir welding in automotive sector
For a full, detailed list, view our report

Market trend
Redressing the issue of growing skills gap
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.

..…..Continued

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MH - 411045, India

info@marketreportscenter.com

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