New York, United States – October 06, 2023 —
Global Welding Equipment Market Trends and Forecast 2022 – 2029, report discovers comprehensive insights on key manufacturers with share information, market size and projection, key dynamics, growth factors, and new company profiles. The report provides detailed information about the market overview, prevalent trends, demand, and recent developments impacting the market growth in the coming years. Welding Equipment Market opportunities analysis, strategic growth analysis, product launches, marketplace expanding, and technological innovations are also highlighted. The report uncovers Welding Equipment market size, potential growth, trends and expansion strategies followed by top prominent players.
Data Bridge Market Research analyses that the Welding equipment market was valued at USD 31.01 billion in 2021 and is expected to reach the value of USD 45.12 billion by 2029, at a CAGR of 4.80% during the forecast period of 2022 to 2029.
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Welding is a manufacturing or assembly process that is used to join materials such as metals and thermoplastics. Fusion of intersecting materials joins metals or thermoplastics together. Welding is a constantly evolving technology. Shielded metal arc welding (SMAW), gas tungsten arc welding (GTAW), gas metal arc welding (GMAW), flux-cored arc welding (FCAW), and submerged arc welding are all common welding technologies (SAW).
Global Welding Equipment Market Prominent Players:
Doosan Corporation (South Korea), Amada (India) Pvt. Ltd (India), Makino (Japan), JTEKT Corporation (Japan), Georg Fischer Ltd (Switzerland), Komatsu NTC (Japan), Okuma Corporation (Japan), HYUNDAI WIA CORP (South Korea), CHIRON Group SE (Germany), MAG IAS Gmbh (Germany), Haas Automation, Inc (US), GROB-WERKE GmbH & CO.KG (Germany), SPINNER machine tool factory GmbH (Germany), YAMAZAKI Mazak Corporation (Japan), DMG MORI (Germany), Other
Global Welding Equipment Market Scope:
Process type
- Arc Welding
- Braze Welding
- Forge Welding
- Gas Welding
- Resistance Welding
- Welding Consumables
- Others
Material Type
- Metal Welding
- Glass Welding
- Plastic Welding
- Others
Automation type
- Automatic
- Semi-Automatic
- Manual
Application
- Residential
- Commercial
- Industrial
End user
- Oil & Gas
- Automotive
- Aviation & Shipbuilding
- Power
- Chemicals
- Mining
- Construction
- Others
Regional Insights:
Europe dominates the welding equipment market due to rising demand from various end-users such as heavy machinery, electronics, transportation, and others, as well as the development of robotics technology. The Asia-Pacific region is expected to have the highest growth rate due to industry expansion and an increase in the number of projects.
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Table of Content of Welding Equipment Market:
1: Introduction, market driving force product Objective of Study, and Research Scope of the Global Welding Equipment market (2022 – 2029).
2: Exclusive Summary – the basic information of the Global Welding Equipment Market.
3: Changing Impact on Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Global Welding Equipment; Post COVID Analysis.
4: Presenting the Global Welding Equipment Market Factor Analysis, Post COVID Impact Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
5: Displaying the by Type, End User and Region/Country 2018-2022.
6: Evaluating the leading manufacturers of the Global Welding Equipment Market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile.
7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2022 – 2029).
… To be continued
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