This report studies the global Welding Equipment Market status and forecast, categorizes the global Welding Equipment Market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
Los Angeles, CA -- (SBWIRE) -- 02/06/2019 -- Welding Equipment is a welded tool used in the welding process, mainly includes arc welding, resistance welding etc.Welding is defined as a process where two or more pieces of metal or thermoplastics are fastened together by use of heat and pressure. The process of applying heat softens the material and enables it to affix together as one in a joint area when an adequate amount of pressure is applied.
The global Welding Equipment market is valued at 9900 million US$ in 2018 is expected to reach 14400 million US$ by the end of 2025, growing at a CAGR of 4.8% during 2019-2025.At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
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The following manufacturers are covered:
Lincoln Electric, Colfax, Illinois Tool Works, Kobe Steel, Fronius International, Air Liquide, Panasonic Welding Systems, Nelson Stud Welding, Obara, Daihen, Jasic Technology, Nimak, Riland, Telwin, EWM, Hugong, Kokuho, Arc Machines, Denyo, Timewelder, Aotai Electric, Koike Aronson, Aitel Welder, Taylor-Winfield Technologies
China is the largest production regions, occupied 37.67% market share, and the production was 6739.4 k units in 2015. Lincoln Electric, Colfax, Illinois Tool Works are the major producer, and the leading companies' occupied 55.92% market share.The mainly product types include arc welding and resistance welding, arc welding occupied largest market, about 69.39%; welding equipment used mainly in the automotive, heavy Equipment, aerospace, electronics, medical, precision instruments, energy and chemical field.Although welding equipment industry brings a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
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Segment by Type: Arc Welding, Resistance Welding
Segment by Application: Automotive, Heavy Equipment, Aerospace, Electronics, Medical, Precision Instruments, Energy and Chemical
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