Majority of the industrial products are manufactured using welding processes. Hence, to carry out welding process the demand for welding equipment is rising globally. However, the use of new materials in various industries has led to the requirement of innovative welding technology. Therefore, manufacturers are focusing on developing new welding machines and equipment to fulfill the growing demand and meet the need for product development on time.

1. WELDING
EQUIPM ENT
MARKET
C A G R: 8.0%

2. INTRODUCTION
THE PMR REPORT INCLUDES A COMBINED MARKET VALUE
O F $19,165.2 M ILLIO N A N D A N ESTIM ATED V A LU E O F
$19,165.2 M ILLIO N .
WELDING EQUIPMENT IS USED TO JOIN TWO OR MORE
PIECES OF METAL TOGETHER BY APPLYING HEAT A N D
PRESSURE. IT INCLUDES VARIOUS TOOLS SUCH AS
WELDING MACHINES, WELDING GUNS, ELECTRODES,
TORCHES, GAS CYLINDERS, A N D PROTECTIVE GEAR. THE
CHOICE OF EQUIPMENT DEPENDS ON THE TYPE OF
WELDING PROCESS BEING USED, THE THICKNESS OF THE
MATERIAL, A N D THE ENVIRONMENT IN WHICH THE
WELDING IS TAKING PLACE.

3. KEY PLAYERS
KEY PLAYERS
DAIHEN CORPORATION
·TH E LIN C O LN ELEC TRIC C O M PA N Y
·C O LFA X C O RPO RATIO N
·FRO N IU S IN TERN ATIO N A L G M B H
·A RC O N W ELD IN G EQ U IPM EN T
·O B A RA C O RPO RATIO N
·PA N A SO N IC C O RPO RATIO N
·V O ESTA LPIN E A G

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