Global Welding Components Market’ to Witness a Steady Growth!!Know the Reasons as to Why??

Research N Reports brings key comprehensions on the subject of global Welding Components market in its latest report titled Global Welding Components Market by Application Type (Automobile & Transportation, Building & Construction, Marine, Power Sector, Oil & Gas, and Others); by Welding Components (Stick Electrode, Solid Wires, Flux-Cored Wires, SAW Wires & Fluxes, and Others); by Technology (Arc Welding, Resistance Welding, Oxy-Fuel Welding, Laser Beam Welding, and Others); by Regions (North America, Asia Pacific, Europe, the Middle East & Africa and Latin America) – Global Market Insights Growth, Size, Comparative Analysis, Trends and Forecast, 2017-2025’.
The steel body of a car contains on an average 4,500 spots of weld joints. The demand for expansion of various welding techniques for automotive application is increasing so as to address the new material combinations for the body parts of automobile. The rise in automobile manufacturing units, is resulting in the increase in demand for welding components and welding techniques. Welding machines such as plasma, laser, waterjet cutting and oxy-fuel are used to weld various parts for construction of floors, gates, and stairs, holding tanks, corrugated steel, bridges and elevators. The types of welding and cutting done in construction demands for a unique solution. Hence, the requirement of welding components in the automobile and construction industry is very high and this in turn is driving the growth of this market tremendously.
There is a need for pipes to transfer oil and natural gas from land wells and offshore. Thus, with rising oil and gas industry, the demand for welding products and equipment are also increasing. However, there is lack of workforce that possess advanced skills to comply with new technologies which are regularly being announced in the welding industry. This particular reason acts as a challenge for the welding components market. With the expansion of wind industry it will require more wind turbines and blades and thereby more welding components. This rising potential for welding components in the wind industry is expected to be a great opportunity for this market.
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In the welding components market segmentation, the stick electrode segment alleged the major share of the global welding components market in 2016. In the technology-wise segmentation, arc welding technology represented the largest market segment of the global welding technology market. In the application-wise segmentation, the automobile and transportation application stood as the largest and fastest growing application segment of the welding components market in 2016 and is only expected to grow with time. As far as the region-wise segmentation is concerned, Asia-Pacific accounted for major share of the global welding components market in 2016 and is expected to grow further in near future.
This report covers a complete analysis of the competitive landscape of the global welding components Market. It includes company profiles of some of the key market players such as Ador welding Ltd., ARC Machines Inc., igm Robotics systems Inc., Milco International, Parweld Ltd., Proserv, Senor Metals Pvt. Ltd., SMS Meer GmbH, The Lincoln Electric Company, Voestalpine AG.
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The global welding components market is segmented as shown below:
By Application Type:
• Automobile & Transportation
• Building & Construction
• Marine
• Power Sector
• Oil & Gas
• Others)

By Welding Components:
• Stick Electrode
• Solid Wires
• Flux-Cored Wires
• SAW Wires & Fluxes
• Others

By Technology:
• Arc Welding
• Resistance Welding
• Oxy-Fuel Welding
• Laser Beam Welding
• Others

By Regions:
• North America
• Asia Pacific
• Europe
• Middle East & Africa
• Latin America

Key Players:
• Ador welding Ltd.,
• ARC Machines Inc.,
• igm Robotics systems Inc.
• Milco International
• Parweld Ltd.
• Proserv
• Senor Metals Pvt. Ltd.
• SMS Meer GmbH
• The Lincoln Electric Company
• Voestalpine AG

Peruse the complete report titled “Global Welding Components Market - Global Market Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2017-2025” at https://www.researchnreports.com/chemical-materials/Global-Welding-Components-Market-20172025-62467

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