Arc Welding Machine Industry Analysis, Size, Growth, Trends and Forecast to 2021
Arc Welding Machine Market report includes in-depth analysis of industry by recent technologies, trends, opportunities, challenges, key players and business strategies considering types, segment and future analysis.
Global Arc Welding Machine Market is segmented on the basis of end user include Automotive, Construction, Aerospace and defense, and Shipbuilding. Among all the segments, the automotive end user is lately covering the largest share in the market. The main reasons that can be attributed for the respective growth include execution of strict requirements concerning superiority, consistency, and accuracy in the automotive sector that eventually gives rise to the integration of robotics and automation technologies in the welding process to facilitate high levels of precision and competence.
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A procedure that is employed to fix two metals together is referred as arc welding. It is said that while carrying out the process, sufficient amount of heat is produced that eventually softens the metals and that leads to the attachment of the two metals after they cool down. Amendment and restoration of the issue of increasing skills gap is the trend that
the market is recently undergoing. The prominent factor that is playing a major role in driving the market to its peak includes an optimistic outlook and stance for global construction sector. Other major factors that are also contributing in the growth of the market include augmented demand for such equipments from the water and wastewater industries, rising number of initiatives from the private sector to control and administer the water production and distribution, and to possess independently owned water systems, utility management, concessions, investment strategies and augmentation in the wind energy consumption. The only factor that is acting as a major obstacle in the growth of the particular market entails rising popularity and recognition of friction-stir welding in automotive sector. The global arc welding machine market is known for its disjointed and competitive nature, the reason being existence of huge regional and international vendors across the world. Due to the growing competition in the market, the smallscale companies in the market are finding it quite difficult to compete with the international vendors as far as the quality, properties, functionalities, and services are concerned.
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Global Arc Welding Machine Market is segmented on the basis of geographical location as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, and Middle East and Africa. As far as the geographical location is concerned, Asia Pacific is lately recognized as the leader of the market and it is simultaneously accounting for the largest share in the market, the reason being flourishing economy and booming end-user industries including automotive, construction, aerospace and defense, electrical equipment, and industrial machinery. Moreover, it has been estimated that the region will go on growing with the same pace in the near future in the global arc welding machine market. The key players operating in the Global Arc Welding Machine Market include ITW, Colfax, Fronius, Lincoln Electric, Beijing Time Technologies, CEA, Daihen, Doncasters Group, Kobe Steel, Amada Miyachi, American Torch Tip, Arc Machines, Automation International, NIMAK, Panasonic Welding Systems, Shandong Aotai Electric, Shanghai Hugong Electric Group, Shenzhen Riland Industry, and Telwin.
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