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Global Welding Accessories Market 2017-2021

Global Welding Accessories Market 2017-2021

About Welding Accessories

Welding accessories are equipment that are predominantly used with the welding gear to execute a reliable and efficient welding process. Welding technology is a widely-adopted methodology in every small and large-scale industry dealing with fabrication processes and is also used for repairing and refurbishing metal products. Welding can be executed in all possible media viz. air, space, and underwater.

Technavio’s analysts forecast the global gas and welding accessories market to grow at a CAGR of 4.90% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global gas and welding accessories market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Gas and Welding Accessories Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Colfax
  • Fronius International
  • Illinois Tool Works
  • The Lincoln Electric Company
Other prominent vendors
  • American Torch Tip
  • Arc Machines
  • GCE Group
  • Kobe Steel
  • NIMAK
  • OTC Daihen
  • Panasonic Welding Systems
  • Shenzhen Riland Industry
  • Senor Metals
  • Telwin
Market driver
  • Growing demand from wind energy industry
  • For a full, detailed list, view our report
Market challenge
  • Introduction of new welding technology involves greater R&D expenses
  • For a full, detailed list, view our report
Market trend
  • Emergence of friction stir welding technology in automotive sector
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Gas and Welding Accessories Market 2017-2021

Technavio recognizes the following companies as the key players in the global gas and welding accessories market: Colfax, Fronius International, Illinois Tool Works, and The Lincoln Electric Company.

Other Prominent Vendors in the market are: American Torch Tip, Arc Machines, GCE Group, Kobe Steel, NIMAK, OTC Daihen, Panasonic Welding Systems, Shenzhen Riland Industry, Senor Metals, and Telwin.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is emergence of friction stir welding technology in automotive sector. Friction stir welding technology is a unique and innovative technique of joining two metals by using frictional heat coupled with a precisely controlled forging pressure. The final product possesses high integrity and is defect-free.”

According to the report, one driver in the market is growing demand from wind energy industry. With depleting fossil fuel resources and stringent environmental regulations pertaining to the generation of electricity using non-renewable sources, there has been a gradual shift of focus toward the use of renewable sources, such as wind energy. The fabrication of wind towers requires the construction of large tubular shapes from individual cans. Internal and external longitudinal welding are required for the cans, while forming, tacking, and welding of internal and external circumferential joints are essential for the formation of the tower.

Further, the report states that one challenge in the market is introduction of new welding technology involves greater R&D expenses. The need to introduce new technology for various welding applications in different end-user industries is posing a major challenge in the market. To enhance productivity, performance, and safety, many industries, such as the automotive, power, energy, and heavy machinery, are increasingly focusing on upgrading technologies to replace the existing ones. The demand for technologically upgraded products of robotics, gantry systems, or work cells is increasing as it helps end-users reduce the cost of production, produce better quality products, and speed up the production process.

Companies Mentioned

Colfax, Fronius International, Illinois Tool Works, The Lincoln Electric Company, American Torch Tip, Arc Machines, GCE Group, Kobe Steel, NIMAK, OTC Daihen, Panasonic Welding Systems, Shenzhen Riland Industry, Senor Metals, and Telwin.

  • Executive summary
  • SCOPE OF THE REPORT
  • RESEARCH METHODOLOGY
  • INTRODUCTION
    • MARKET OUTLINE
      • Table WELDING ACCESSORIES APPLICATION
      • Table CLASSIFICATION OF WELDING PROCESSES
  • MARKET LANDSCAPE
    • MARKET SIZE AND FORECAST
      • Table MARKET DYNAMICS OF GLOBAL WELDING ACCESSORIES MARKET 2016-2021
    • FIVE FORCES ANALYSIS
      • Table FIVE FORCES ANALYSIS
  • MARKET SEGMENTATION BY END-USER
    • MARKET OVERVIEW
      • Table GLOBAL WELDING ACCESSORIES MARKET BY END-USER 2016 AND 2021 (%)
    • AUTOMOTIVE
      • Table GLOBAL WELDING ACCESSORIES MARKET BY AUTOMOTIVE SECTOR 2016-2021 ($ MILLIONS)
      • Table GLOBAL VEHICLE SALES BY VEHICLE TYPES 2015 (%)
      • Table REGION-WISE PERFORMANCE OUTLOOK OF AUTOMOTIVE INDUSTRY 2015-2021
    • CONSTRUCTION
      • Table GLOBAL WELDING ACCESSORIES MARKET BY CONSTRUCTION SECTOR 2016-2021 ($ MILLIONS)
      • Table AVERAGE CONSTRUCTION SPENDING BY COUNTRIES IN APAC 2015 (%)
    • AEROSPACE AND DEFENSE
      • Table GLOBAL WELDING CONSUMABLES MARKET BY AEROSPACE SECTOR 2016-2021 ($ MILLIONS)
      • Table COMPOUNDED ANNUAL GROWTH RATE OF SPECIFIC AIR ROUTES 2015-2035 (%)
      • Table NEW AIRCRAFT DEMAND BY REGION BY 2034 (%)
      • Table NEW AIRCRAFT PRODUCTION BY TYPE BY 2034 (NUMBER OF AIRCRAFT) (%)
    • MARINE
      • Table GLOBAL WELDING ACCESSORIES MARKET BY MARINE SECTOR 2016-2021 ($ MILLIONS)
      • Table NEW ORDERS WORLDWIDE 2013-2014 (UNITS)
  • GEOGRAPHICAL SEGMENTATION
    • MARKET OVERVIEW
      • Table GLOBAL WELDING ACCESSORIES MARKET BY GEOGRAPHY 2016 AND 2021 (%)
    • APAC
      • Table WELDING ACCESSORIES MARKET IN APAC 2016-2021 ($ MILLIONS)
      • Table TOTAL CAR SALES IN INDIA AUGUST 2014 TO AUGUST 2015
      • Table NEW AIRPLANES REQUIRED IN CHINA 2015-2034
    • AMERICAS
      • Table WELDING ACCESSORIES MARKET IN AMERICAS 2016-2021 ($ MILLIONS)
    • EMEA
      • Table WELDING ACCESSORIES MARKET IN EMEA 2016-2021 ($ BILLIONS)
      • Table HIGH-SPEED RAIL NETWORK IN EUROPE 2015 (%)
  • DECISION FRAMEWORK
  • DRIVERS AND CHALLENGES
    • MARKET DRIVERS
      • Table VARIOUS STRUCTURAL STEEL GRADES USED FOR CONSTRUCTION
      • Table USE OF STEEL IN BUILDING CONSTRUCTION
      • Table USE OF STEEL IN INFRASTRUCTURE CONSTRUCTION
      • Table TRENDS THAT WILL IMPACT THE CONSTRUCTION INDUSTRY
      • Table COMPONENT CATEGORIES
      • Table GLOBAL INSTALLED WIND POWER CAPACITY BY REGION 2015-2016 (GW)
      • Table CUMULATIVE AND ANNUAL INSTALLED CAPACITY AND CAPACITY GROWTH RATE 2015-2020 (GW AND %)
    • MARKET CHALLENGES
      • Table TERMS OF CONFORMITY IN WELDING AS PER ISO 9000:2005
      • Table ISO 3834 STANDARD: QUALITY REQUIREMENTS FOR FUSION WELDING OF METALLIC MATERIALS
  • MARKET TRENDS
    • EMERGENCE OF FRICTION STIR WELDING TECHNOLOGY IN AUTOMOTIVE SECTOR
      • Table FRICTION STIR WELDING: PROCESS OVERVIEW
      • Table FRICTION STIR WELDING APPLICATIONS IN VARIOUS CAR MODELS
    • ADDRESSING ISSUE OF GROWING SKILLS GAP
    • ADVENT OF NEW MATERIALS
      • Table USE OF NEW MATERIAL FOR WELDING IN VARIOUS SECTORS
      • Table NEW WELDING PROCESS, EQUIPMENT, AND ACCESSORIES
    • COMPETITIVE LANDSCAPE DRIVING NEW TECHNOLOGIES
      • Table KEY TECHNOLOGIES
    • EMERGENCE OF LASER WELDING EQUIPMENT
      • Table GROWTH ASPECTS: GLOBAL LASER WELDING EQUIPMENT MARKET
      • Table LASER WELDING EQUIPMENT MARKET: SEGMENTATION
  • VENDOR LANDSCAPE
    • COMPETITIVE LANDSCAPE
      • Table KEY VENDORS
    • RISKS FACED BY VENDORS IN THE OVERALL WELDING MARKET
      • Table MAJOR RISKS
    • OTHER PROMINENT VENDORS
  • KEY VENDOR ANALYSIS
    • COLFAX
    • FRONIUS INTERNATIONAL
    • ILLINOIS TOOL WORKS
    • THE LINCOLN ELECTRIC COMPANY
  • APPENDIX
    • LIST OF ABBREVIATIONS
  • EXPLORE TECHNAVIO

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