Selbyville, DE -- (SBWIRE) -- 02/12/2019 -- Global Welding Equipment & Consumables Market Report offered by Market Study Report gives a market overview of the Welding Equipment & Consumables industry which covers product scope, market revenue, opportunities, growth rate, sales volumes and figures. The report also explores the worldwide players of the market and is segmented by region, type and application with forecast to 2024.

Rising income levels of the middle-class population in the developing countries like India, China, Mexico, Indonesia, and Brazil is fueling the automobile demand. This has also led to improvements in roads and other transit facilities. The total sales of vehicles in India and China accounted for over 30 billion in 2016, whereas that in Japan was recorded close to 5 billion in the same year. Extensive product use in the automotive industry will propel the welding equipment & consumables market demand in the next seven years.

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Growing construction industry in the Asia Pacific region due to rapid growth in the fast-developing economies of China, India, and Japan will further enhance the welding equipment & consumables market. Asia Pacific contributed around 45% of the global construction spending in 2016 and accounted for over USD 4 billion. Moreover, infrastructural and transportation development shall further fuel the welding equipment & consumables market demand in the forecast span.

Welding process leads to considerable environmental and health hazards due to the release of toxic gases such as nitric oxide, carbon monoxide, ozone and nitrogen dioxide. These gases when released in the air cause contamination and may also result in pulmonary infection or respiratory illness to workers dealing with such welding activities. Poor working conditions in small and medium enterprises may lead to severe health hazards among workers. These factors might hinder the welding equipment & consumables market in coming years.

Considering type, the welding equipment & consumables market is bifurcated into two broad categories, mainly, consumables and equipment. The consumables segment includes stick electrodes, solid wires, flux cord wires, SAW (submerged arc wires) & fluxes, and other segments such as rods, etc. Stick electrodes are rods used for sustaining the arc and providing filler metals for the welded joints.

The equipment segment finds application in various industrial activities and include arc, resistant, oxy-fuel and laser-beam equipment. Arc welding equipment market will hold around 40% of the entire share by 2024 growing at an exponential rate due to the its rising popularity over its peers. Welding equipment & consumables market is set to witness significant gains in the next seven years.

Considering applications, the welding equipment & consumables market is segmented into marine applications, construction & building, automobile & transportation, metal working, defense & aerospace, and others which consists of overhaul, repair & maintenance works, etc. The automobile and transportation segment will surpass USD 5 billion by the end of the forecast period owing to rising personal car demand in Asia Pacific. The marine applications segment will raise with a healthy CAGR of around 4.5% in the estimated timeframe owing to increasing offshore oil extraction activities and increasing shipbuilding.

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Geographically, Asia Pacific accounts for a notable share in the welding equipment & consumables market and will grow at a significant rate to hold over 40% of the entire market by 2024. Asia Pacific will showcase strong growth opportunities owing to the rapidly growing automobile, shipbuilding, construction, and aerospace industries in the region.

Prominent players operating in the entire welding equipment & consumables market are Obara Corporation, Miller Electric, Miyachi America Corporation, Lincoln Electric Company, Fronius International, ESAB Group, Doncasters Group, DAIHEN Corporation, Arcon Welding, Kiswel, Voestalpine AG, Senor Metals, Panasonic Corporation, Sonics & Materials, and ROFIN-SINAR Technologies to name some.

The Key Objectives of The Report Are as Follows:
- Define, Analyze and Forecast Welding Equipment & Consumables Market by Product Applications, Key Players and Region.
Forecast the Market Size with Varied Segments Concerning Main Regions
- Give Elaborated Data Regarding the Foremost Factors (Opportunities, Drivers, Restraints, And Industry-Specific Challenges) Influencing the Expansion of Welding Equipment & Consumables Market.
- Analyze the Industry with Relation to Individual Growth Trends, Prospects and Contributions to The Whole Welding Equipment & Consumables Market.
- Analyze Opportunities Within the Marketplace for Varied Stakeholders by Distinguishing the High-Growth Segments of Welding Equipment & Consumables Market.
- Profile the Key Players and Comprehensively Analyses Their Market Position in Terms of Ranking and Core Competencies Together with The Competitive Landscape.
- Analyze Competitive Developments, Like Partnerships and Joint Ventures, New Product Developments, Expansions, And Development in Welding Equipment & Consumables Market.
Key Points Covered in The Welding Equipment & Consumables Market Research Reports:
- Industry Overview: Definition, Brief Introduction of Major Classifications, Applications, Major Regions.
- Production Market Analysis: Welding Equipment & Consumables Market Capacity, Production, Capacity Utilization Rate, Ex-Factory Price, Revenue, Cost, Gross and Gross Margin Analysis, Major Manufacturers Performance and Market Share, Regional Market Performance and Market Share.
- Sales Market Analysis: Sales Volume, Sales Price and Sales Revenue Analysis, Regional Sales Market Analysis.
- Consumption Market Analysis: Consumption Volume Analysis, Regional Consumption Market Analysis, Regional Market Performance and Market Share.
- Production, Sales and Consumption Market Comparison Analysis: By Regional Welding Equipment & Consumables Market Performance and Market Share.
- Major Manufacturers Production and Sales Market Comparison Analysis: and Regional Major Manufacturers Production and Sales Market Comparison Analysis.
Report Content
Chapter 1. Methodology and Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Definitions & forecast parameters
1.2. Data sources
1.2.1. Secondary
1.2.2. Primary
Chapter 2. Executive Summary
2.1. Welding equipment & consumables market 360 degree synopsis, 2013 - 2024
2.1.1. Business trends
2.1.2. Product trends
2.1.3. Application trends
2.1.4. Regional trends
Chapter 3. Welding Equipment & Consumables Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Distribution channel analysis
3.3.2. Vendor matrix
3.4. Raw material analysis
3.5. Regulatory landscape
3.5.1. U.S.
3.5.2. Europe
3.5.3. China
3.6. Pricing analysis
3.6.1. Regional pricing
3.7. Industry impact forces
3.7.1. Growth drivers
3.7.2. Industry pitfalls & challenges
3.8. Growth potential analysis
3.9. Porter's analysis
3.10. Competitive landscape, 2016
3.10.1. Strategic dashboard
3.11. PESTEL analysis
Chapter 4. Welding Equipment & Consumables Market, By Product
4.1. Global welding equipment & consumables market share by product, 2016 & 2024
4.2. Welding equipment
4.2.1. Market estimates and forecast, 2013 - 2024
4.2.2. Market estimates and forecast, by region, 2013-2024
4.2.3. Arc welding equipment
4.2.3.1. Market estimates and forecast, 2013 - 2024
4.2.3.2. Market estimates and forecast, by region, 2013-2024
4.2.4. Resistant welding equipment
4.2.4.1. Market estimates and forecast, 2013 - 2024
4.2.4.2. Market estimates and forecast, by region, 2013-2024
4.2.5. Oxy-fuel welding equipment
4.2.5.1. Market estimates and forecast, 2013 - 2024
4.2.5.2. Market estimates and forecast, by region, 2013-2024
4.2.6. Laser-beam welding equipment
4.2.6.1. Market estimates and forecast, 2013 - 2024
4.2.6.2. Market estimates and forecast, by region, 2013-2024
4.2.7. Others (Ultrasound welding equipment, etc.
4.2.7.1. Market estimates and forecast, 2013 - 2024
4.2.7.2. Market estimates and forecast, by region, 2013-2024
4.3. Welding consumables
4.3.1. Market estimates and forecast, 2013 - 2024
4.3.2. Market estimates and forecast, by region, 2013 - 2024
4.3.3. Stick electrodes
4.3.3.1. Market estimates and forecast, 2013 - 2024
4.3.3.2. Market estimates and forecast, by region, 2013-2024
4.3.4. Solid wires
4.3.4.1. Market estimates and forecast, 2013 - 2024
4.3.4.2. Market estimates and forecast, by region, 2013-2024
4.3.5. Flux cored wires
4.3.5.1. Market estimates and forecast, 2013 - 2024
4.3.5.2. Market estimates and forecast, by region, 2013-2024
4.3.6. SAW & fluxes
4.3.6.1. Market estimates and forecast, 2013 - 2024
4.3.6.2. Market estimates and forecast, by region, 2013-2024
4.3.7. Others (Gases such as argon, helium, nitrogen, hydrogen, carbon dioxide, etc.)
4.3.7.1. Market estimates and forecast, 2013 - 2024
4.3.7.2. Market estimates and forecast, by region, 2013-2024

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