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The global market for welding is expected to grow at a substantial rate through 2018 and is estimated to cross USD 22 billion by 2018. Gas and consumable equipment are together dominating the current welding market and account for more that 60% of the overall market. Due to increasing robotics applications in medium and large size industries, the robot welding segment is forecasted to show the fastest growth.
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Welding and joining of the components plays an important role in improving the life of manufactured products, so welding products are frequently used in various manufacturing industries for repairing and for component welding. The construction industry is expected to see an upward growth with growing population and due to increasing government investment. This, along with the booming automobile industry, will drive the growth of the welding product market. Emerging economies such as Brazil, Russia, India, and China are considered to be the most likely potential markets for welding products.
Based on equipment and supplies, the global market for welding equipment is segmented into welding consumables and equipment, welding gases, welding roots and accessories, safety and protective equipments and others. Arc welding is dominating the welding market when it comes to technology. Some other welding technologies include resistant welding, oxy-fuel welding, and cutting, laser beam welding, ultrasound welding and others. Welding products finds application in construction of residential and non residential buildings, bridges, tanks, pipelines, ships, submarines and others.
The majority of the welding equipments such as machineries, accessories and other welding materials are manufactured by few large players. The industry also comprises of hundreds of small players that manufacturers and sells small welding equipments such as welding screens, torches, helmets, marking equipments, special fluxes and others. Some of the key players in this market include Daihen Corp, Air Products and Chemicals Inc, Arcon Welding, Panasonic Corp, OBARA Corp, Miyachi Corp, Voestalpine AG, Miller Electric Manufacturing and others.
The global market for welding is expected to grow at a substantial rate through 2018 and is estimated to cross USD 22 billion by 2018. Gas and consumable equipment are together dominating the current welding market and account for more that 60% of the overall market. Due to increasing robotics applications in medium and large size industries, the robot welding segment is forecasted to show the fastest growth.
PreBook This Report@ http://www.researchmoz.us/sample/checkout.php?rep_id=163100&type=S
Welding and joining of the components plays an important role in improving the life of manufactured products, so welding products are frequently used in various manufacturing industries for repairing and for component welding. The construction industry is expected to see an upward growth with growing population and due to increasing government investment. This, along with the booming automobile industry, will drive the growth of the welding product market. Emerging economies such as Brazil, Russia, India, and China are considered to be the most likely potential markets for welding products.
Based on equipment and supplies, the global market for welding equipment is segmented into welding consumables and equipment, welding gases, welding roots and accessories, safety and protective equipments and others. Arc welding is dominating the welding market when it comes to technology. Some other welding technologies include resistant welding, oxy-fuel welding, and cutting, laser beam welding, ultrasound welding and others. Welding products finds application in construction of residential and non residential buildings, bridges, tanks, pipelines, ships, submarines and others.
The majority of the welding equipments such as machineries, accessories and other welding materials are manufactured by few large players. The industry also comprises of hundreds of small players that manufacturers and sells small welding equipments such as welding screens, torches, helmets, marking equipments, special fluxes and others. Some of the key players in this market include Daihen Corp, Air Products and Chemicals Inc, Arcon Welding, Panasonic Corp, OBARA Corp, Miyachi Corp, Voestalpine AG, Miller Electric Manufacturing and others.
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This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
This report provides pin-point analysis for changing competitive dynamics
It provides a forward looking perspective on different factors driving or restraining market growth
It provides a technological growth map over time to understand the industry growth rate
It provides a seven-year forecast assessed on the basis of how the market is predicted to grow
It helps in understanding the key product segments and their future
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
It provides distinctive graphics and exemplified SWOT analysis of major market segments
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