NEW YORK, Sept. 27, 2016 /PRNewswire/ -- This report offers a 10-year forecast on the welding consumables market between 2016 and 2026. In terms of value, the market is expected to register a CAGR of 5.5% during the forecast period (2016–2026). The main objective of the report is to offer insights on the advancements in the global welding consumables market. The study provides market dynamics that are expected to influence current environment and future status of the welding consumables market over the forecast period. The primary objective of this report is to offer updates on trends, drivers, restraints, value forecasts, and opportunities for manufacturers operating in the welding consumables market.
A section of report discusses how overall competition in the market is steadily increasing. It discusses various factors that are shaping internal as well as external competition in the market. The sales of welding consumables is estimated to grow at a steady pace in the near future. Moreover, rapid growth of end-use industries such as building & construction, automotive & transportation, manufacturing industry and steel industry is expected to drive growth of the welding consumables
The report provides detailed market share analysis of the welding consumables market on the basis of key manufacturers. A section of the report highlights country-wise welding consumables demand. It provides a market outlook for 2016–2026 and sets the forecast within the context of the report, including the new technological developments as well as product offerings for niche applications in the welding consumables market.
Key Segments Covered
By Welding Consumables
Flux Cored Wires
SAW Wires & Fluxes
By Welding Technique
Automotive & Transportation
Building & Construction
Asia Pacific excluding Japan (APEJ)
Middle East & Africa (MEA)
A detailed analysis has been provided for every segment in terms of market size analysis for welding consumables market.
The report starts with the market overview and provides market definition and analysis about drivers, restraints, opportunities, supply chain analysis, and key trends in the market. The next section that follows includes global market analysis, analysis by welding technique, welding consumables, application and regional/country level analysis. All the above sections evaluate the market on the basis of various factors affecting the market, covering present scenario and future prospects. For market data analysis, the report considers 2015 as the base year, with market numbers estimated for 2016 and forecast made for 2017–2026.
It is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse 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 market players.
Another key feature of this report is the analysis of all key segments in terms of absolute dollar. This is usually overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as identify potential resources from a sales and delivery perspective in the welding consumables market.
In the final section of the report, a competitive landscape has been included to provide report audiences with a dashboard view. Detailed profiles of manufacturers are also included within the scope of the report to evaluate their long- and short-term strategies, key offerings and recent developments in the welding consumables market. Key players in global welding consumables market include:
The Lincoln Electric Company
Hyundai Welding Co., Ltd.
Illinois Tool Works Inc.
Denyo Co., Ltd.
Fronius International GmbH
Tianjin Bridge Welding Materials Co., Ltd.
Arcon Welding Equipment
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