Oct 21, 2022   SOURCE: BusinessWire

Global Welding Equipment, Accessories & Consumables Market Report to 2027 - Featuring Colfax, Denyo, Fronius International, Hyundai Welding and Illinois Tool Works Among Others - ResearchAndMarkets.com

The "Welding Equipment, Accessories & Consumables Market Research Report by Accessories, Equipments, Consumables, Application, Region - Global Forecast to 2027 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

The Global Welding Equipment, Accessories & Consumables Market size was estimated at USD 26.88 billion in 2021, USD 29.26 billion in 2022, and is projected to grow at a CAGR 9.12% to reach USD 45.39 billion by 2027.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Welding Equipment, Accessories & Consumables Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Welding Equipment, Accessories & Consumables Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Welding Equipment, Accessories & Consumables Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Welding Equipment, Accessories & Consumables Market?

4. What is the competitive strategic window for opportunities in the Global Welding Equipment, Accessories & Consumables Market?

5. What are the technology trends and regulatory frameworks in the Global Welding Equipment, Accessories & Consumables Market?

6. What is the market share of the leading vendors in the Global Welding Equipment, Accessories & Consumables Market?

7. What modes and strategic moves are considered suitable for entering the Global Welding Equipment, Accessories & Consumables Market?

Market Dynamics

Drivers

  • Growing Consumption from Steel and Increasing Construction Activity
  • Increasing Demand of Welding Robots in Production Sector
  • Extensive Usage of Welding Equipment, Accessories & Consumables Across Various End-user Industries

Restraints

  • High Operational and Maintenance Costs Coupled with the Environmental Issues

Opportunities

  • Innovations and Technological Advancements in Welding Technology
  • Advancements in the Fabrication Technology
  • Rising Investments in the Manufacturing Sector

Challenges

  • Shortage of Skilled Labor in Manufacturing Industries and High Labor Cost

Companies Mentioned

  • Air Liquide S.A.
  • Arcon Welding Equipment
  • Colfax Corporation
  • Denyo Co., Ltd.
  • Fronius International GmbH
  • Hyundai Welding Co., Ltd.
  • Illinois Tool Works Inc.
  • Kemppi Oy
  • Obara Corporation
  • Panasonic Corporation
  • The Lincoln Electric Company
  • Tianjin Bridge Welding Materials Co., Ltd.
  • Voestalpine AG

For more information about this report visit https://www.researchandmarkets.com/r/cb91fr