Welding equipment, accessories & consumables market is anticipated to grow at a CAGR of4.7% during the forecast period. The growing adoption of welding equipment, accessories & consumables by multiple industries across the globe is expected to boost the growth of the welding equipment, accessories & consumables market over the forecast period. Key players are launching welding equipment to cater to the demand of industries and to stay competitive in the market. For instance, in February 2021, Lincoln Electric Holdings, Inc, manufacturer of welding products, arc welding equipment, welding consumables, and others launched Vantage 441X, a new addition to the Vantage line of diesel engine-driven welder/generators. The engine is designed to deliver power, dependability, and flexibility to operators. The product is equipped with a 41hp (horsepower), turbocharged Perkins diesel engine and provides true IEC-rated 400-amp, 100% duty cycle DC welding output. Additionally, the Vantage 441X welder/generator delivers superior SMAW (shielded metal arc welding) capabilities and features customized weld modes for carbon steel, aluminum, and stainless steel. For more advanced applications, the engine also includes dedicated SAW (submerged-arc welding) and orbital pipe modes, along with synergic pulse capabilities for better arc performance in GMAW (Gas metal arc welding) welding.
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With the help of apparent insights depicted here into a wide range of product and service releases by key competitors in the market, novice players are able to position themselves in the vast market. It is an indispensable need to get detailed idea to track future business growth and this Welding Equipment, Accessories & Consumables Market research report is the best medium to get that vision. It also aims at providing market environment along with covering complete market information. Welding Equipment, Accessories & Consumables Market research report also enables business owners to have firm grasp over what consumers exactly expect, their future demands, wants and preferences by offering detailed customer related data. It further discusses about key market players and ongoing latest trends.
This informative yet easy to understand Welding Equipment, Accessories & Consumables Market study report covers wide-ranging product launch wise latest trends, regulatory shifts and other important factors, which are expected to affect the overall industry growth for the approaching time span 2022-2028. It aims at providing detailed knowledge about what customers exactly want from which key players can make sound decision making for the growth of business. It also aims at measuring marketing effectiveness. SWOT Analysis technique is also employed to form the market research report to cover helpful opportunities, possible challenges and threats. Impact of new corona virus on the global economy is also shared in this Welding Equipment, Accessories & Consumables Market report. Collaborations, mergers and acquisitions like strategies are also covered in this market study report.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Welding Equipment, Accessories & Consumables Market Report Segment
By Equipment
- Electrodes & Filler Metal Equipment
- Oxy-fuel Gas Equipment
- Other Equipment
By Technology
- Arc Welding
- Oxy-fuel Welding
- Others
By End-User
- Automotive
- Construction and Infrastructure
- Shipbuilding
- Power Generation
- Others
Global Welding Equipment, Accessories & Consumables Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global welding equipment, accessories & consumables market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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