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

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

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Get More Information @ Welding Equipment & Consumables Market Size was estimated over USD 19 billion in 2016 and the industry will grow by a CAGR of more than 4% up to 2024. – PowerPoint PPT presentation

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


1
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
2
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.

3
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.

4
U.S. Welding Equipment Consumables Market Size,
by Product, 20132024 (USD Mn)

5
Industry Coverage
6

Browse Full Market Research Report On Welding
Equipment Consumables Market _at_
http//bit.ly/2gBJXKB Request for a Sample
of this Research Report _at_ https//www.gminsights.c
om/request-sample/detail/2050
https//www.gminsights.com/request-sample/detail/4
9
7
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.


8
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