TechNavio's analysts forecast the Global Welding Equipment market to grow at a CAGR of 6.62 percent over the period 2014-2018. One of the key factors contributing to this market growth is the increasing demand from the Energy, Construction, and Automotive industries. The Global Welding Equipment market has also been witnessing the shift from manual to automatic welding. However, the slow growth of the Ship Building, Aerospace, and Defence industries could pose a challenge to the growth of this market.
TechNavio's report, the Global Welding Equipment Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and the APAC regions; it also covers the Global Welding Equipment market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this space are Illinois Tool Works Inc., Lincoln Electric Holdings Inc., Colfax Corp., and Victor Technologies International Inc.
Other vendors mentioned in the report are Lincoln Electric Holdings Inc., Illinois Tool Works Inc., Charter International Ltd., OBARA Corp., Victor Technologies International Inc., Tianjin Bridge Welding Materials Group Co. Ltd., ARCON Welding LLC, Denyo Co. Ltd., Fronius International GmbH, Kaierda Group Ltd., Manufacturing Technology Inc., NIMAK GmbH, Panasonic Corp., Sonics & Materials Inc., and Taylor-Winfield Technologies Inc.
Key questions answered in this report:
What will the market size be in 2018 and at 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?
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