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Welding Equipment Market size is forecast to reach US$23.1 billion by 2027, after growing at a CAGR of 5.9% during 2022-2027. Welding is a process used to join the materials, such as thermoplastics or metals, by using high temperatures.
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Welding Equipment MarketMarket size, Industry outlook, Market Forecast, Demand Analysis, Market Share, Market Report 2023-2028 Contact: Venkat Reddy sales@industryarc.com (+1) 970-236-3677
DownloadPDF Brochure Welding Equipment Market size is forecast to reach US$23.1 billion by 2027, after growing at a CAGR of 5.9% during 2022-2027. Welding is a process used to join the materials, such as thermoplastics or metals, by using high temperatures. Resistance welding is widely preferred in automotive, aerospace and industrial applications for joining of metals. Oxy fuel welding is the welding process that uses fuel gases and oxygen to weld or cut metals. Contact: (+1)970-236-3677 InquiryBefore Buying Email:sales@industryarc.com
DownloadPDF Brochure • Key Takeaways • The Asia Pacific is expected to register the highest CAGR of 6.9% during the forecast period (2022-2027). Rapid urbanization and emerging economies are the major factors driving market growth. • Constant technological evolution to weld complex and large structures are supporting the market growth during the forecast period. • The manufacturers are involved in developing advanced Welding Equipment for various end-use industries. Investments in research and developments to enhance the capabilities of Welding Equipment are supporting the market growth. Contact: (+1)970-236-3677 InquiryBefore Buying Email:sales@industryarc.com
DownloadPDF Brochure By Distribution Channel- Segment Analysis The building & construction segment accounted for more than 27.5% of the market share in 2021 and is estimated to grow significantly during the forecast period. The growing construction activities in both developed and developing nations are supporting the market growth for the construction industry. Rapid industrialization in the Asia Pacific region is also driving the market growth during the forecast period. Welding Equipment are used to weld complex and large structures in the construction industry. The automotive and marine segments are also expected to hold a significant share in the end-user segment. Contact: (+1)970-236-3677 InquiryBefore Buying Email:sales@industryarc.com
DownloadPDF Brochure • Welding Equipment Market Industry Outlook • Voestalpine AG • Colfax Corporation • Illinois Tool Works Inc. • The Lincoln Electric Company • HYUNDAI WELDING CO., LTD. • OBARA CORP • Mitco Weld Products Pvt. Ltd. • Kemppi Oy • Rofin-Sinar • Arcon Welding Equipment Contact: (+1)970-236-3677 InquiryBefore Buying Email:sales@industryarc.com
DownloadPDF Brochure Welding Equipment Market - Forecast(2023 - 2028) LearnMoreAbouttheReport @ https://www.industryarc.com/Research/Welding-Equipment-Market-Research-503209 Contact: (+1)970-236-3677 InquiryBefore Buying Email:sales@industryarc.com
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