Global Welding Products Market to reach a value of US$23,777.5 mn by the end of 2020

Transparency Market
Research
WELDING PRODUCTS MARKET- GLOBAL INDUSTRY ANALYSIS, SIZE,
SHARE, GROWTH, TRENDS, FORECASTS 2014 – 2020
Published Date
05-Dec-2016
206 Page Report
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Press Release
Global Welding Products Market: Robust Development of Automotive and
Construction Industries to Accelerate Growth : TMR
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Welding Products Market
REPORT DESCRIPTION
Welding Products Market by Consumables (Stick Electrode, Solid
Wires, Flux-cored Wires, SAW Wires & Fluxes and Others) and
Technology (Arc Welding, Resistance welding, Oxy-fuel Welding,
Laser-beam welding and others) for Automobile & Transportation,
Building & Construction, Marine and Other Applications - Global
Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 2020
The global welding products market is moderately concentrated in nature with a few players holding
a key share of the market, states a research report by Transparency Market Research (TMR). In 2013,
the leading players in the global welding products market, namely Lincoln Electric, ITW, and ESAB
accounted for a share of approximately 33% of the global market. In order to enhance the market
presence, the key players in the global market are focusing on strategic collaborations, innovations,
and significant rise in production capacities. In addition, the increasing research and development
activities and the rising number of players entering the market are some of the vital factors anticipated
to augment global welding products market in the next few years.
According to the research study by Transparency Market Research, in 2015, the global market for
welding products was worth US$19,080.3 mn and is expected to reach a value of US$23,777.5 mn by
the end of 2020.
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Asia Pacific to Remain Dominant in Global Welding Products Market
Among the key geographical segments, in 2015, Asia Pacific led the global welding products market
and is estimated to remain in the leading position throughout the forecast period. As per the research
study, this region is expected to account for a share of 43.8% of the global market by the end of 2020.
The rising investments in several end-use industries, including building and construction, automobile,
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and other manufacturing units are expected to encourage the growth of this region in the next few
years. In addition, the high contribution from India and China is another factors expected to accelerate
the growth of the Asia Pacific market in the next few years.
On the basis of application, the global market for welding products has been categorized into Marine,
automobile and transportation, building and construction, and others. Among these, the automation
and transportation segment is likely to lead the global market and account for a share of 17.8% by the
end of 2020. The rising demand for welding products as they help in structural performance in vehicles
is one of the key factors anticipated to fuel the growth of this segment in the next few years.
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Increasing Demand for Repair and Maintenance of Automobiles to Encourage Growth
The growing demand for welding products from the automotive and the robust development of the
construction industry are the vital factors anticipated to encourage the growth of the global welding
products market throughout the forecast period. The growing demand for efficient, enhanced, and safe
vehicles with permanent welding is expected to supplement the growth of the market in the near future.
Furthermore, the increasing number of repair and maintenance jobs of automobiles is estimated to
generate promising opportunities for the key players in the global welding products market. The rising
number of projects of construction of new pipelines and rehabilitation of existing oil infrastructure and
gas production facilities are projected to indirectly fuel the growth of the global welding products
throughout the forecast period.
Absence of Skilled Labor to Curtail Market Growth
The global market for welding products is expected to face several challenges that are likely to restrict
the growth of the overall market in the next few years. The shortage of skilled and trained labor in the
manufacturing industries is one of the key factors estimated to hamper the growth of the global welding
products market in the next few years. In addition, the high cost of labor in developed countries is
anticipated to curb the market’s growth in the near future. Nevertheless, the rising demand from the
wind industry, especially in developing nations is anticipated to generate promising opportunities for
the market players throughout the forecast period.
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TABLE OF CONTENT
Chapter 1 Preface
1.1 Report description
1.2 Market segmentation
1.3 Research scope and assumptions
1.4 Research methodology
Chapter 2 Executive Summary
2.1 Global welding products market, 2013 – 2020 (USD Million)
2.2 Global welding products market, snapshot, 2013 and 2020
Chapter 3 Welding Products: Industry Analysis
3.1 Introduction
3.2 Value chain analysis
3.3 Market drivers
3.3.1 Growth in automobile and construction industry
3.3.2 Increasing demand from oil and gas industry
3.4 Market restraints
3.4.1 Shortage of skilled labor in manufacturing industries
3.5 Opportunities
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3.5.1 High potential for welding products in wind industry, especially in emerging economies
3.6 Porter’s five forces model
3.6.1 Bargaining power of suppliers
3.6.2 Bargaining power of buyers
3.6.3 Threat from new entrants
3.6.4 Threat from substitutes
3.6.5 Degree of competition
3.7 Welding products market: Market attractiveness analysis
3.8 Welding products market: Company market share analysis
Chapter 4 Global Welding Products – Technology Segment Analysis
4.1 Global welding products market: Technology segment analysis
4.1.1 Global welding products market revenue share by technology, 2013 and 2020
4.2 Arc welding
4.2.1 Global arc welding market, 2013 – 2020 (USD Million)
4.3 Resistance welding
4.3.1 Global resistance welding market, 2013 – 2020 (USD Million)
4.4 Oxy-fuel welding
4.4.1 Global oxy-fuel welding market, 2013 – 2020 (USD Million)
4.5 Laser-beam welding
4.5.1 Global laser-beam welding market, 2013 – 2020 (USD Million)
4.6 Others (Ultrasound welding, etc.)
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4.6.1 Global others welding techniques market, 2013 – 2020 (USD Million)
Chapter 5 Welding Consumables Market – Product Segment Analysis
5.1 Global welding consumables market: Products segment analysis
5.1.1 Global welding consumables market revenue share, by product, 2013 and 2020
5.2 Stick electrodes
5.2.1 Global stick electrodes market, 2013 – 2020 (USD Million)
5.3 Solid wires
5.3.1 Global solid wires market, 2013 – 2020 (USD Million)
5.4 Flux-cored wires
5.4.1 Global flux-cored wires market, 2013 – 2020 (USD Million)
5.5 SAW wires and fluxes
5.5.1 Global SAW wires and fluxes market, 2013 – 2020 (USD Million)
5.6 Others (Gases, etc.)
5.6.1 Global others welding consumables market, 2013 – 2020 (USD Million)
Chapter 6 Welding Products Market – Application Segment Analysis
6.1 Global welding products market: Application segment analysis
6.1.1 Global welding products market revenue share by application, 2013 and 2020
6.2 Automobile and transportation
6.2.1 Global automobile and transportation market, 2013 – 2020 (USD Million)
6.3 Building and construction
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6.3.1 Global building and construction market, 2013 – 2020 (USD Million)
6.4 Marine applications
6.4.1 Global marine applications market, 2013 – 2020 (USD Million)
6.5 Others (Repair, etc.)
6.5.1 Global others applications market, 2013 – 2020 (USD Million)
Chapter 7 Welding Products Market – Regional Segment Analysis
7.1 Global welding products market: Regional segment analysis
7.1.1 Global welding products market revenue share, by region, 2013 and 2020
7.2 North America
7.2.1 North America welding products market revenue, by technology, 2013 - 2020 (USD Million)
7.2.2 North America welding consumables market revenue, by product, 2013 - 2020 (USD Million)
7.2.3 North America welding products market revenue, by application, 2013 - 2020 (USD Million)
7.2.4 U.S.
7.2.4.1 U.S. welding products market revenue, by technology, 2013 - 2020 (USD Million)
7.2.4.2 U.S. welding consumables market revenue, by product, 2013 - 2020 (USD Million)
7.2.4.3 U.S. welding products market revenue, by application, 2013 - 2020 (USD Million)
7.3 Europe
7.3.1 Europe welding products market revenue, by technology, 2013 - 2020 (USD Million)
7.3.2 Europe welding consumables market revenue, by product, 2013 - 2020 (USD Million)
7.3.3 Europe welding products market revenue, by application, 2013 - 2020 (USD Million)
7.3.4 Germany
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7.3.4.1 Germany welding products market revenue, by technology, 2013 - 2020 (USD Million)
7.3.4.2 Germany welding consumables market revenue, by product, 2013 - 2020 (USD Million)
7.3.4.3 Germany welding products market revenue, by application, 2013 - 2020 (USD Million)
7.3.5 U.K.
7.3.5.1 U.K. welding products market revenue, by technology, 2013 - 2020 (USD Million)
7.3.5.2 U.K. welding consumables market revenue, by product, 2013 - 2020 (USD Million)
7.3.5.3 U.K. welding products market revenue, by application, 2013 - 2020 (USD Million)
7.3.6 France
7.3.6.1 France welding products market revenue, by technology, 2013 - 2020 (USD Million)
7.3.6.2 France welding consumables market revenue, by product, 2013 - 2020 (USD Million)
7.3.6.3 France welding products market revenue, by application, 2013 - 2020 (USD Million)
7.4 Asia Pacific
7.4.1 Asia Pacific welding products market revenue, by technology, 2013 - 2020 (USD Million)
7.4.2 Asia Pacific welding consumables market revenue, by product, 2013 - 2020 (USD Million)
7.4.3 Asia Pacific welding products market revenue, by application, 2013 - 2020 (USD Million)
7.4.4 China
7.4.4.1 China welding products market revenue, by technology, 2013 - 2020 (USD Million)
7.4.4.2 China welding consumables market revenue, by product, 2013 - 2020 (USD Million)
7.4.4.3 China welding products market revenue, by application, 2013 - 2020 (USD Million)
7.4.5 India
7.4.5.1 India welding products market revenue, by technology, 2013 - 2020 (USD Million)
7.4.5.2 India welding consumables market revenue, by product, 2013 - 2020 (USD Million)
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7.4.5.3 India welding products market revenue, by application, 2013 - 2020 (USD Million)
7.5 Rest of the World (RoW)
7.5.1 RoW welding products market revenue, by technology, 2013 - 2020 (USD Million)
7.5.2 RoW welding consumables market revenue, by product, 2013 - 2020 (USD Million)
7.5.3 RoW welding products market revenue, by application, 2013 - 2020 (USD Million)
7.5.4 Brazil
7.5.4.1 Brazil welding products market revenue, by technology, 2013 - 2020 (USD Million)
7.5.4.2 Brazil welding consumables market revenue, by product, 2013 - 2020 (USD Million)
7.5.4.3 Brazil welding products market revenue, by application, 2013 - 2020 (USD Million)
Chapter 8 Company Profiles
8.1 Arcon Welding
8.1.1 Company overview
8.1.2 Product portfolio
8.1.3 Business strategy
8.1.4 SWOT analysis
8.2 DAIHEN Corporation
8.2.1 Company overview
8.2.2 Product portfolio
8.2.3 Financial overview
8.2.4 Business strategy
8.2.5 SWOT analysis
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8.2.6 Recent developments
8.3 Doncasters Group, Ltd.
8.3.1 Company overview
8.3.2 Product portfolio
8.3.3 Financial overview
8.3.4 Business strategy
8.3.5 SWOT analysis
8.3.6 Recent developments
8.4 ESAB
8.4.1 Company overview
8.4.2 Product portfolio
8.4.3 Business strategy
8.4.4 SWOT analysis
8.4.5 Recent developments
8.5 Fronius International GmbH
8.5.1 Company overview
8.5.2 Product portfolio
8.5.3 Financial overview
8.5.4 Business strategy
8.5.5 SWOT analysis
8.5.6 Recent developments
8.6 Lincoln Electric Company
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8.6.1 Company overview
8.6.2 Product portfolio
8.6.3 Financial overview
8.6.4 Business strategy
8.6.5 SWOT analysis
8.6.6 Recent developments
8.7 Miyachi America Corporation
8.7.1 Company overview
8.7.2 Product portfolio
8.7.3 Business strategy
8.7.4 SWOT analysis
8.7.5 Recent developments
8.8 Miller Electric Mfg. Co.
8.8.1 Company overview
8.8.2 Product portfolio
8.8.3 Business strategy
8.8.4 SWOT analysis
8.8.5 Recent developments
8.9 Obara Corporation
8.9.1 Company overview
8.9.2 Product portfolio
8.9.3 Financial overview
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8.9.4 Business strategy
8.9.5 SWOT analysis
8.10 Panasonic Corporation
8.10.1 Company overview
8.10.2 Product portfolio
8.10.3 Financial overview
8.10.4 Business strategy
8.10.5 SWOT analysis
8.11 ROFIN-SINAR Technologies
8.11.1 Company overview
8.11.2 Product portfolio
8.11.3 Financial overview
8.11.4 Business strategy
8.11.5 SWOT analysis
8.11.6 Recent developments
8.12 Sonics & Materials, Inc.
8.12.1 Company overview
8.12.2 Product portfolio
8.12.3 Business strategy
8.12.4 SWOT analysis
8.12.5 Recent developments
8.13 Voestalpine AG
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8.13.1 Company overview
8.13.2 Product portfolio
8.13.3 Financial overview
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According to the research study by Transparency Market Research, in 2015, the global market for welding products was worth US$19,080.3 mn and is expected to reach a value of US$23,777.5 mn by the end of 2020.