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(AsiaNewsWire.Net, June 19, 2019 ) Welding is a fabrication or sculptural technique used for the purpose of joining metals or thermoplastics. It is a cost efficient and effective technique of creating bonds between two or more parts. Flux and fillers are called welding equipment used to create joints. Filler melts during the process of welding to create joint and flux acts as a deoxidizer preventing the weld against formation of any porosity. Welding equipment are made up of Steel, aluminum, copper, ilmenite, nickel, and rutile.
The "Global Welding Equipment Market Analysis to 2027" is a specialized and in-depth study of the manufacturing and construction industry with a special focus on the global market trend analysis. The report aims to provide an overview of welding equipment market with detailed market segmentation by product type, end-user, repair type, and geography. The global welding equipment market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading welding equipment market players and offers key trends and opportunities in the market.
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The growing welding equipment market is driven by significant driving factors such as rise upsurge in global steel consumption, construction and infrastructure, automobile and transportation, marine, power generation, oil and gas etc. Additionally, with the increasing trend of new designs in construction and automobile sector, and retrofitting is further increasing the demand. However, with slow adoption of welding technology is hindering the growth of market. With rapid industrialization and urbanization in Asia and Latin America is expected to flourish the welding equipment market.
Leading Key Players :
Air Liquide S.A.
Arcon Welding Equipment LLC.
Denyo Co., Ltd.
Fronius International GmbH
Illinois Tool Works Inc.
The Lincoln Electric Company
Tianjin Bridge Welding Materials Co. Ltd.
The global welding equipment market is segmented on the basis of type and end-user. Based on type, the market is segmented as arc welding, resistance welding, oxyfuel welding, ultrasonic welding, others (laser beam welding, etc.). Similarly, on the basis of end users the market is sub-segmented into aerospace, automotive and transport, construction, power generation, oil & gas, and others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global welding equipment market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The welding equipment market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting welding equipment market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the welding equipment market in these regions.
The reports cover key developments in the welding equipment market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from welding equipment market are anticipated to lucrative growth opportunities in the future with the rising demand for welding equipment in the global market. Below mentioned is the list of few companies engaged in the welding equipment market.
The report also includes the profiles of key welding equipment companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
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Key Benefits for Welding Equipment Market:
• This study provides an in-depth Welding Equipment market analysis to elucidate the imminent investment pockets.
• The report provides information regarding key drivers, restraints, and opportunities with a detailed impact analysis.
• Porter’s five forces analysis highlights the potency of suppliers & buyers and describes the competitive scenario of the market, which is expected to facilitate efficient business planning.
• Value chain analysis provides key inputs on role of key intermediaries involved, which is expected to assist the stakeholders to devise appropriate strategies.
• This report presents a detailed quantitative analysis of the current Welding Equipment industry trends and future estimations to identify the prevailing market opportunities.
The Insight Partners