Latest Trends of Welding Products Market - Underwater Welding Is One of the Emerging Areas of Marine Applications

The automobile and transportation industry is one of the largest consumers of welding products and accounted for approximately 17% of the global welding products market.

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Albany, NY -- (SBWire) -- 12/07/2015 --The global welding products industry has been experiencing strong growth from various end-user industries, primarily from the building and construction industry. Other key end-user industries include electronics, mining and energy. However, this study on welding products focuses on key industries such as building and construction, marine and transportation (including aviation, automobile and railways).

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Industry analysis of the report provides a comprehensive view of each player in the value chain of the welding products market. It also provides key driving and restraining factors in the welding products market, with impact analysis of each factor. The industry analysis also elaborates on the possible opportunities for the market in the future. Additionally, the report analyzes the global competition for welding products with the help of a Porter's Five Forces analysis model.

This study analyzes the welding products industry, and estimates and forecasts the global market in terms of revenue (USD million). The welding products report segments the market based on technology, product types, application and key regions. Key technologies included in the report are arc welding, resistant welding, oxy-fuel welding and cutting, laser beam welding and ultrasound welding. Key products included in the scope of the report are stick electrodes, solid wires, magnesium, flux-cored wires, SAW wires and fluxes and others (including gases). Key applications included in the study are automobile and transportation, building and construction, and marine applications. The welding products report analyzes the attractiveness of each technology with the help of the market attractiveness tool.

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The report segments the welding products market into key regions such as North America, Europe, Asia Pacific and RoW. RoW includes Latin America, the Middle East and Africa. Each technology, product and application segment has been further provided for each regional market. The welding products study provides market estimates and forecast for each segment in terms of revenue (USD million).

The welding products report comprises profiles of key companies such as DAIHEN Corporation, Arcon Welding, Panasonic Welding, Miyachi Corp, Lincoln Electric Holdings, ROFIN-SINAR Technologies and Doncasters Group Ltd. Company profiles include parameters such as company overview, product portfolio, financial overview, business strategies, SWOT analysis and recent developments.

Primary research represents the bulk of research efforts, supplemented by an extensive secondary research. We reviewed key players' product literature, annual reports, press releases and relevant documents for competitive analysis and market understanding. Secondary research also includes a search of recent trade, technical writing, internet sources, and statistical data from government websites, trade associations and agencies. This has proven to be the most reliable, effective and successful approach for obtaining precise market data, capturing industry participants' insights and recognizing business opportunities. Secondary research sources that are typically referred to include company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings, internal and external proprietary databases, and relevant patent, regulatory databases, national government documents, statistical databases and market reports, news articles, press releases and webcasts specific to companies operating in the market. Secondary research sources referred for the study of welding products are Welding Design website, Total Materia, company websites, investor presentations and company annual reports.

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