-- Key factor fuelling the growth of Welding Equipment Market is rising construction and manufacturing activity worldwide, growth in automobile and construction industry, increasing demand for energy and the emergence of friction stir welding technology.
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The Asia-Pacific region leads the market due to its large population and its growing demand by the construction, automobile, steel, and marine (oil and gas) industries. China and India are the key countries in welding and cutting equipment market due to high industrial growth rate, rising in the construction sector and high growth rate of automotive industry in these regions. China, Japan, South Korea, and Malaysia have accelerated the growth of the market. North America is the second largest market for welding equipment. The automobile segment in the North America has been growing each year and this has boosted the North American welding equipment market due to rise in construction and manufacturing industry.
Europe is likely to witness a low growth on account of steep fall in the crude oil prices and the on-going euro zone crises. Thus, North America and Europe are matured markets. The Middle East, Latin America and Africa will see a substantial rise in demand for welding equipment in the predicted future wherein Africa and Middle East are expected to be the key growth regions. Laser Beam welding is expected to grow at the fastest rate followed by Resistant welding in Welding Equipment Market, by Technology while high significance of Automotive & Construction industry was noticed for the End user Welding Equipment Market.
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According to “Global Welding Equipment Market: Opportunities and Forecasts (2016-2021)” report, Welding Equipment Market is forecasted to grow at a CAGR of 7.21% during 2016 – 2021F, on account of increasing attention towards automotive and construction industry along with growing demand for energy driving the growth of the Welding Equipment market. On the basis of market segment, the market has been segmented into three categories namely – By Technology, By End User, and By Regions.
Scope of the Welding Equipment Market Report
By Technology: Arc Welding, Oxy-fuel Welding, Resistance Welding, Laser Beam Welding, Others
By End User: Building & Construction, Automotive & Transportation, Marine sector, Oil & Gas, Aerospace & Defence, Others
By Region: North America, Europe, Asia Pacific, ROW
By Country: USA, Canada, UK, Germany, China, India, South Africa, Brazil
Companies Profiled are Illinois Tool Works Inc., Sonics and Materials, Inc., Fronius International GmbH, voestalpine AG, Obara Corporation, Daihen Corporation, ROFIN-SINAR Technologies Inc., Panasonic Corp., Lincoln Electric Holdings Inc., ESAB.
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Table of Contents
1. Research Methodology
2. Executive Summary
3. Strategic Recommendations
4. Global Welding Equipment Market: An Overview
5. Global Welding Equipment Market
6. Global Welding Equipment Market: By Technology (Arc Welding, Oxy-fuel Welding, Resistance Welding, Laser Beam Welding, Others)
7. Global Welding Equipment Market: By End User Industry (Building & Construction, Automotive & Transportation, Marine sector, Oil & Gas, Aerospace & Defence and Others)
8. Global Welding Equipment Market: By Region
9. North America Welding Equipment Market
10. Europe Welding Equipment Market
11. Asia Pacific Welding Equipment Market
12. RoW Welding Equipment Market
13. Market Dynamics
14. Value Chain Analysis – Welding Equipment Market
15. SWOT Analysis – Welding Equipment Market
16. Porter’s Five Forces Analysis – Welding Equipment Market
17. Policy and Regulatory Landscape
18. Company Profiling
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