Welding Equipment & Consumables Market Trends research and projections for 2017-2024

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Welding Equipment Consumables Market Global
Industry Analysis Report, Share, Growth, Price
Trends and Forecast, 2024 Global Market Insights
Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights from Welding Equipment Consumables
Market

• Rising income levels of the middle-class
  population in the developing countries like
  India, China, Mexico, Indonesia, and Brazil is
  fueling the automobile demand.
• Growing construction industry in the Asia Pacific
  region due to rapid growth in the fast-developing
  economies of China, India, and Japan will further
  enhance the welding equipment consumables
  market.
• Welding process leads to considerable
  environmental and health hazards due to the
  release of toxic gases such as nitric oxide,
  carbon monoxide, ozone and nitrogen dioxide.
• Poor working conditions in small and medium
  enterprises may lead to severe health hazards
  among workers.

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Continued...

• Considering type, the welding equipment
  consumables market is bifurcated into two broad
  categories, mainly, consumables and equipment.
• The consumables segment includes stick
  electrodes, solid wires, flux cord wires, SAW
  (submerged arc wires) fluxes, and other
  segments such as rods, etc.
• The equipment segment finds application in
  various industrial activities and include arc,
  resistant, oxy-fuel and laser-beam equipment.
• Considering applications, the welding equipment
  consumables market is segmented into marine
  applications, construction building, automobile
  transportation, metal working, defense
  aerospace, and others which consists of overhaul,
  repair maintenance works, etc.

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U.S. Welding Equipment Consumables Market Size,
by Product, 20132024 (USD Mn)

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Industry Coverage
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360 Analysis

• Product Analysis
• Based on product, global welding equipment
  consumables market is segmented into equipment
  and consumables. The equipment considered in the
  report include laser-beam, oxy-fuel, resistant,
  arc, and others such as ultrasound equipment.
• Regional Analysis
• With close to a fifth of the total share, North
  America will grow with over 4 CAGR in the
  forecast timespan. Due to new and developed
  technology, arc equipment find maximum usage in
  metal joining activities. North America welding
  equipment consumables market will exhibit
  growth owing to huge oil and shale gas extraction
  activities in this region.
• Competitive Market Share
• Key industry players present in the global
  welding equipment consumables market include
  Arcon, DAIHEN Corporation, Doncasters Group, ESAB
  Group, Fronius International GmbH, Lincoln
  Electric Company, Miyachi America Corporation,
  Miller Electric, Obara Corporation, Panasonic
  Corporation, ROFIN-SINAR Technologies, Sonics
  Materials, Voestalpine AG, Kiswel, and Senor
  Metals Private Limited to name a few.

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