Global Welding Equipment Market Will Grow At A CAGR Of 5% During The Period 2016-2020
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About the Welding Equipment Market
Welding technology is widely adopted in all small and large scale industries dealing with fabrication processes; it is also used for repairing and refurbishing metal products. Welding can be executed in all possible media, viz. air, space, and underwater. The process finds significant applications in automotive manufacturing; construction of residential, commercial, and industrial buildings; construction of bridges and other infrastructure; aerospace and defense; heavy machinery manufacturing; and all other fabrication industries or applications that require metal repairing.
Technavios analysts forecast the Global Welding Equipment Market to grow at a CAGR of 5% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the Global Welding Equipment Markefor 2016-2020. In order to arrive at the market size, we have considered the demand for welding equipment from various end-user industries in the global welding equipment market.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
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Technavio's report, Global Welding Equipment Marke2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Colfax
Fronius
ITW
Lincoln Electric
Other prominent vendors
Air Products and Chemicals
American Torch Tip
Arc Machines
Carver Machine Works
Daihen
Doncasters Group
Hugong
Kobe Steel
Kokuho
NIMAK
Panasonic
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