Welding Equipment Market - Forecast (2022 - 2027)

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Welding Equipment MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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• Welding Equipment market size is forecast to
  reach US23.1 billion by 2027, after growing at
  a CAGR of 5.9 during 2022-2027.
• Welding is a process used to join the materials,
  such as thermoplastics or metals, by using high
  temperatures. Resistance welding is widely
  preferred in automotive, aerospace and industrial
  applications for joining of metals.
• Oxy fuel welding is the welding process that uses
  fuel gases and oxygen to weld or cut metals.
• The rapid urbanization along with growing
  manufacturing sectors in emerging economies are
  driving the market growth for Welding Equipment
  during the forecast period.

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• Key Takeaways
• The Asia Pacific is expected to register
  the highest CAGR of 6.9 during the forecast
  period (2022-2027). Rapid urbanization and
  emerging economies are the major factors driving
  market growth.
• Constant technological evolution to weld complex
  and large structures are supporting the market
  growth during the forecast period.
• The manufacturers are involved in developing
  advanced Welding Equipment for various end-use
  industries. Investments in research and
  developments to enhance the capabilities of
  Welding Equipment are supporting the market
  growth.

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• Welding Equipment Market Segment Analysis By
  Technology
•  
• The Arc welding segment accounted for more than
  25.2 of the market share in 2021 and is
  estimated to grow significantly during the
  forecast period.
• Arc welding is used to weld metals in a wide
  range of thicknesses with good flexibility. The
  technology has the advantage of high heat
  concentration during the welding process.
• Arc welding is the widely preferred welding
  technology among end-user industries due to its
  low cost and the technology is used for a wide
  range of metal surfaces.

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• Welding Equipment Market Landscape
• Voestalpine AG
• Colfax Corporation
• Illinois Tool Works Inc.
• The Lincoln Electric Company
• HYUNDAI WELDING CO., LTD.
• OBARA CORP
• Mitco Weld Products Pvt. Ltd.
• Kemppi Oy
• Rofin-Sinar
• Arcon Welding Equipment

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Welding Equipment Market Learn More About the
Report _at_ https//www.industryarc.com/Research/W
elding-Equipment-Market-Research-503209
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• You Can Customize the Report as Per Your Need.
  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
• Purchase Full Report _at_
• https//www.industryarc.com/purchasereport.php?id
  17462

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