LONDON, Oct. 31, 2016 /PRNewswire/ -- This latest report from Persistence Market Research analyzes the welding equipment market at both global and regional levels over an eight-year forecast period (2016–2024). The primary objective of the report is to offer insights on key advancements in the global welding equipment market. The study provides market dynamics that are expected to influence the current environment and future status of the global welding equipment market over the forecast period. The report offers updates on trends, drivers, restraints, value forecasts, and opportunities for manufacturers operating in the global welding equipment market.
To clearly assess market opportunities, the report is categorized into the following sections – By Welding Technology, By Level of Automation, By Application, and By Region. The report discusses how the overall competition in the market is steadily increasing and throws light on the various factors that are shaping internal as well as external market competition. The report provides detailed market share analysis of the global welding equipment market on the basis of key manufacturers. A section of the report highlights the country-wise demand for welding equipment and provides a market outlook for 2016–2024, while including new technological developments as well as product offerings for niche applications in the global welding equipment market. The subsequent sections analyze the global welding equipment market on the basis of welding technology, level of automation, application, and region, and present a comprehensive forecast for the period 2016-2024.
In the final section of the report, a detailed competitive landscape is included to provide a dashboard view of leading welding equipment manufacturers across the globe. The report includes company profiles of the following market players – voestalpine AG, Colfax Corporation, The Lincoln Electric Company, Obara Corporation, Panasonic Corporation, Illinois Tool Works Inc., Fronius International GmbH, Rofin-Sinar Technologies, Sonics and Materials, Inc., Arcon Welding Equipment, DAIHEN Corporation, Amada Miyachi, Inc. and Nelson Stud Welding (Doncasters Group Ltd.)
To deduce market size, the report considers various aspects based on secondary research. Furthermore, data points such as region-wise split and market split by welding technology, level of automation, and application are also considered. Qualitative inputs from primary respondents are incorporated to arrive at appropriate market estimates. The forecast presented in the report assesses the total value generated and expected revenue contribution by various segments in the global welding equipment market.
When developing market forecast, the report begins with sizing the current market, which forms the basis for forecasting how the market is anticipated to take shape in the near future. Given the characteristics of the market, data is triangulated via different analyses based on supply side and demand side drivers and other dynamics of the global welding equipment market. However, quantifying the market across the above mentioned segments and regions is more a matter of quantifying expectations and identifying opportunities rather than rationalizing them after the forecast has been completed.
The report conduct forecasts not only in terms of CAGR, but also analyzes the same on the basis of key parameters such as Year-on-Year (Y-o-Y) growth to understand the predictability of the market and to identify the right opportunities for key market players. Another key feature of this report is the analysis of all the main segments in terms of absolute dollar opportunity, critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales and delivery perspective in the global welding equipment market. To understand key segments in terms of their growth and performance in the global welding equipment market, Persistence Market Research has developed a market attractiveness index to help providers identify existing market opportunities.
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