Welding Products 2013 - 2025 Market size of USD 19.7 billion, Profile, Competitive Landscapes and Overview Report

The global welding products market is projected to reach a market size of USD 19.7 billion by 2025, according to a new report by Radiant insights, inc. The market is projected to experience significant growth over the forecast period owing to rising demand from the Asia Pacific region.

Welding products are consumed in various applications such as construction and building, transportation and automotive, marine, oil and gas, and others. Increasing investments in infrastructure development, especially in emerging economies, such as China and India, are fueling the demand for advanced technology, which in turn is leading to the growth of the market. Asia Pacific is expected to witness higher growth rates owing to rising demand from the automotive sector in these countries coupled with increased awareness pertaining to high- quality automotive components.

Building & construction industry dominated the market globally. The other key applications include transportation & automotive, marine, and others.

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Further Key Findings from the Study Suggest:

Globally, automotive application segment is projected to experience significant revenue growth between 2016 and 2025, growing at a CAGR of over 4% from 2016-2025. The demand can be attributed to rapid growth from end-use industries such as building & construction, marine, and others.

Asia Pacific dominated the global market in 2015 with an estimated revenue of USD 3.88 billion and is expected to grow significantly in the upcoming years owing to large investments from end-use industries. China is projected to experience rise in demand and projected to continue market domination on account of rapid urbanization and industrialization coupled with favorable government policies for infrastructure development. Key industry players like ABB Corporation and Fronius International GmbH have collaborated to develop advanced welding technology and products.

Key participants in the market include Colfax Corporation, The Lincoln Electric Company, Illinois Tool Works Inc., Hyundai Welding Co., Ltd., Denyo Co., Ltd., Panasonic Welding Systems Co., Ltd., Sandvik AB, Obara Corporation, and Air Liquide among others. In the recent years, new product developments and product advancements have been the major growth strategy acquired by key industry players for enhancing their market positions.

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Table of Contents

Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Snapshot
Chapter 3. Welding Products Market Variables, Trends & Scope
3.1. Market segmentation & scope
3.2. Penetration & growth prospect mapping
3.3. Value Chain Analysis
3.4. Regulatory Framework
3.5. Technology Overview
3.6. Market dynamics
3.6.1. Market Driver Analysis
3.6.2. Market restraint analysis
3.7. Porter's Five Forces Analysis
3.8. PESTEL Analysis
Chapter 4. Welding Products Market: Technology Estimates & Trend Analysis
4.1. Technology Movement Analysis & Market Share, 2015 & 2025
4.1.1. Market estimates and forecast, 2013 - 2025 (USD Million)
4.1.2. Market estimates and forecast, by technology, 2013 - 2025 (USD Million)

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About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

Media Contact:

Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Email : sales@radiantinsights.com
visit our website : http://www.radiantinsights.com/
Phone: (415) 349-0054
Address: 28 2nd Street, Suite 3036
City: San Francisco
State: California
Country: United States

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