Global Welders Market Overview:
Welding is the process of joining two metal or thermoplastics. There is various type of technology used in welding including tungsten inert gas (TIG) welder, metal inert gas (MIG) welder, arc welding or SMAW (Shielded Metal Arc Welding), FCAW (Flux-Cored Arc Welding) and others. Rising popularity of robotic laser welding and technological advancement in tewchnology will help to expand global welders market. According to AMA, the Global Welders market is expected to see growth rate of 6.4%
Growth Drivers
- High Adoption in End-User Industry Such as Transportation, Construction
- Rising Use of Additive Manufacturing In Industries
Market Trends
- High Dependency on Arc Welding
- Increasing Popularity of Robotic Laser Welding
Roadblocks
- Growing Labor Cost
- Lack of Availability of Skilled Labor
Opportunities
- Technological Innovation in Welding Technology
Competitive Landscape:
Some of the key players profiled in the report are Colfax Corporation (United States), Hyundai Welding Co., Ltd. (South Korea), The Lincoln Electric Company (United States), Voestalpine AG (Austria), Denyo Co., Ltd. (Japan), Illinois Tool Works, Inc. (United States), Obara Corporation (Japan), Sandvik AB (Sweden), MILLER (United States) and Panasonic (Japan). Additionally, following companies can also be profiled that are part of our coverage like OTC Daihen (India), SAF FRO (France), EWM Group (Australia) and Air Liquide (France). Analyst at AMA Research see United States Manufacturers to retain maximum share of Global Welders market by 2025. Considering Market by End User, the sub-segment i.e. Ship & Offshore will boost the Welders market.
Latest Market Insights:
On 11th December 2018, Lincoln Electric Holdings, Inc. has acquired Coldwater Machine Company, LLC, Pro Systems LLC and related assets. Coldwater is a privately held Ohio-based flexible automation integrator and precision machining and assembly manufacturer serving diverse end markets using broad joining technologies such as laser and friction welding. Pro Systems is a privately held Indiana-based automation systems designer and integrator serving automotive, industrial, electrical and medical applications.
On 21st March 2018, Lincoln Electric Holdings, Inc. the leader in arc welding and cutting solutions, has launched its new Welding Technology & Training Center in Cleveland. The event highlights Lincoln’s expanded educational offering and commemorates the centennial anniversary of its welding school, the longest-running welding school in the world.
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Welders market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Welders market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Welding Equipment Manufactures, Technology Developers, Welding Equipment Distributors/ Suppliers, Industry Association, Private and Government Research Organizations, Government Regularity Bodies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.