The global market for resistance welding should reach $1.0 billion by 2023 from $784.0 million in 2018.
Albany, NY -- (SBWIRE) -- 07/10/2018 -- Presently, the demand for welding equipment is quite advance, and supported by growing trends towards welding automation. It should be noted that, the remarkable success of welding-intensive, end-user sectors like shipbuilding and automotive industries, has stimulated the resistance welding equipment and consumables market. To study further, a new research study titled "Resistance Welding Equipment and Supplies: Global Markets", has been included to the vast database of Market Research Hub (MRH). This research analysis works to examine the current & future scenarios prevailing in the global resistance welding equipment market by focusing on key market factors. Information related to factors driving and restraining the growth in the concerned market merged with opportunities likely to affect the market during the period until 2023.
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To be precise, this report studies the opportunities in the market for resistance welding equipment and supplies. In addition, it offers revenue forecasts with an explanation of the competitive market shares associated to the end-user industries. Highlighting the welding equipment manufacturers, numerous aspects such as rising awareness of welding processes as well as advances in research and development (R&D) tend to generate new opportunities. As the report proceeds, readers can acquire precise information about technological and economic trends which are influencing the resistance welding market. Moreover, it also explains the primary drivers, regional dynamics and restraints active in the global market. The significant market regions assessed in the report include, Mexico, the U.S., China, Germany, the U.K., France, India and others.
The later section comprises of market segmentation which bifurcates the global resistance welding equipment market by type comprising of spot welding, projection welding, seam welding, flash butt welding, inverter welding, and upset welding. Furthermore, the report includes explanation about the end-use markets like automotive and transportation, pressure vessels and storage tanks, aerospace, industrial, oil and gas pipelines, railways and shipbuilding, electronics and medical, building and construction and others. With the final section of the report, readers can learn about the competitive landscape, which covers all the prime market players functioning in the global resistance welding equipment market. A separate portion targeting key strategies adopted by these manufacturers together with detailed profiling is presented. The prominent players mentioned in the report are Acro Automation Systems Inc., Airgas Inc., Banner Welder Inc., Air Liquide S. A., Dukane Corp., Denyo Co. Ltd., Hyundai Welding Co. Ltd., Yaskawa America Inc. and Schlatter Holding Ag. The inclusion of 36 data tables helps in deducing researched data for beneficial purposes, especially by new investors.
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