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Welding Equipment Distributors in the US - Industry Market Research Report

Publisher IBISWorld
Published May 08, 2024
Length 76 Pages
SKU # IBSS18859248

Description

Welding Equipment Distributors in the US - Industry Market Research Report


Welding Equipment Distributors in the US

Welding equipment distributors are highly susceptible to changes in the volume of new and existing construction, along with changes in the industrial production index. As a result, at the pandemic's height in 2020, revenue plummeted alongside construction declines and overall economic instability. However, while economic conditions continued to waver in the following years, construction activity resumed, along with investment in industrial equipment and machinery. Consequently, distributors experience a strong rebound, though not quite enough to fully recoup the losses incurred. Over the five years to 2023, revenue is expected to decline at a CAGR of 0.9% to $4.4 billion, with revenue rising just 0.1% in 2023 alone.

This industry distributes welding supplies, including rods, power units, torches and safety equipment. Gas and gas-only dealers are excluded, but some gas-oriented companies also deal welding equipment. Welding equipment is used in a variety of construction and industrial activities.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

76 Pages
TABLE OF CONTENTS

ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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