Aug 18, 2017   SOURCE: BusinessWire

Global Welding Transformer Market to Grow at a CAGR of 4.3% by 2021: Key Vendors are Colfax, Fronius, ITW Welding & Lincoln Electric - Research and Markets

The "Global Welding Transformer Market 2017-2021" report has been added to Research and Markets' offering.

The global welding transformer market to grow at a CAGR of 4.30% during the period 2017-2021.

Global Welding Transformer Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in the market is advent of new materials. The introduction and adoption of new materials used for welding purposes have driven the significant demand for new technologies. The use of these new materials helps in reducing the weight of the overall finished products, besides leading to lower product and production cost.

According to the report, one driver in the market is rise in wind energy consumption. Wind energy requires the wind tower fabrication to form huge tubular shapes from individual cans. The cans require internal and external longitudinal welding, while for the formation of tower, forming, tacking, and welding of internal and external circumferential joints are essential. Other areas that require welding solutions include foundation flanges, port holes, and sub-components. Advances in automation helps obtain improved, repeatable welding results. Hence, the welding process equipment consists of a system of components, each customized for its respective function.

Key Vendors

  • Colfax
  • Fronius
  • ITW Welding
  • Lincoln Electric

Other Prominent Vendors

  • Beijing Time Technologies
  • BLOCK
  • Hugong Welder
  • Kobe Steel
  • NIMAK
  • Panasonic Welding Systems
  • Others

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by end-user

PART 07: Geographical segmentation

PART 08: Decision framework

PART 09: Drivers and challenges

PART 10: Market trends

PART 11: Vendor landscape

PART 12: Key vendor analysis

For more information about this report visit https://www.researchandmarkets.com/research/g2cg7w/global_welding