New York, October 1, 2021/PRNewswire/-”Welding Equipment Market by End User and Geographical Location-Forecast and Analysis for 2021-2025″ report has been added to Technavio’s products.
The welding equipment market is expected to grow by USD 4.37 billion between 2021 and 2025, with a compound annual growth rate of nearly 7%.
Download this welding equipment market report to discover new strategies to take advantage of future growth opportunities.
The market is driven by factors such as the emergence of friction stir welding technology in the automotive sector and the growing demand for wind farms. However, a lack of skilled labor is hindering market growth.
The emergence of laser welding equipment will have a positive impact on the growth of manufacturers. On the other hand, compliance with welding industry standards is expected to reduce the growth potential of the market.
The welding equipment market report includes information about product launches, sustainability and prospects of leading suppliers, including AMADA Co. Ltd., Banner Welding Inc., Colfax Corp., Fronius International GmbH, Illinois Tool Works Inc., Lincoln Electric Co. ., Miller Electric LLC, OBARA Group Inc., Panasonic Corp. and voestalpine AG.
The report includes a competitive analysis, which analyzes and evaluates the company’s position based on the company’s industry position score and market performance score. Some factors considered in the analysis include financial performance, growth strategy, innovation score, new product launch, investment, market share growth in the past 3 years, etc.
According to end users, the market is divided into automotive, construction, aerospace and defense, shipbuilding, etc. In 2020, the market witnessed the greatest demand for welding equipment in the automotive industry.
Through geography, analyzed the markets of Asia Pacific, North America, Europe, South America and MEA. The Asia-Pacific region will have the largest market share.
Global Laser Welding Machine Market-The global laser welding machine market is segmented by technology (fiber laser, solid-state laser, CO2 laser, etc.) and geography (Asia Pacific, Europe, North America, South America, and MEA). Download an exclusive free sample report
Global Friction Welding Machine Market-The global friction welding machine market is segmented by end users (automotive, aerospace and defense, construction, marine, etc.) and geography (Asia Pacific, North America, Europe, South America, and MEA). Download an exclusive free sample report
AMADA Co. Ltd., Banner Welding Inc., Colfax Corp., Fronius International GmbH, Illinois Tool Works Inc., Lincoln Electric Co., Miller Electric LLC, OBARA Group Inc., Panasonic Corp. and voestalpine AG.
Mother market analysis, market growth incentives and obstacles, fast-growing and slow-growing market segments, COVID-19 impact and future consumer dynamics, and market conditions during the forecast period
If our report does not contain the data you are looking for, you can contact our analysts and customize the market segment.
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