The global market for welding products reached $23.0 billion in 2015. The market should reach $24.2 billion in 2016 and $31.8 billion by 2021, demonstrating a compound annual growth rate (CAGR) of 5.6% from 2016 to 2021.
This report provides:
An overview of the global markets for welding equipment, supplies, and related technologies.
Analyses of global market trends, with data from 2015, estimates for 2016, and projections of CAGRs through 2021.
Information pertaining to machinery, filler materials, and accessories for various welding processes.
A look at how the value of shipments at the manufacturing level fluctuates with the volume of metals consumed in the global industry.
Insight concerning the fact that new technologies and methods are being introduced in the market at a very fast rate.
Evaluation of the technology life-cycle costs of various technologies involved as well as the product life cycle of equipment and supplies involved in the processes.
Analysis of the market's dynamics, specifically growth drivers, restraints, and opportunities.
Sales figures of major manufacturers, their respective positions in the market, competition involved in the field, and the future outlook for these companies.
SCOPE OF REPORT
The report has been prepared in a simple, easy-to-understand format. A number of tables and charts/figures are included to illustrate current and future market scenarios. The report includes a detailed study of global and regional markets for various types of welding equipment and consumables, including shielding gases, safety and protective equipment and automated welding equipment and accessories, with reasons given for variations in the growth of the industry in certain regions.