Global market for welding products to grow to $21.9 billion by 2017

The global market for welding products is $16.3 billion in the year 2011 and is projected to cross $17 billion in the year 2012. This is further anticipated to increase to $21.9 billion by 2017 at a compound annual growth rate (CAGR) of 5.2%.

Learn about the various exciting and growing opportunities in the field of welding and consumables. This report includes a study of global and regional markets for various types of welding equipment and consumables as well as different welding processes. Welding product manufacturers profiles and patent analyses are also covered...

Use this report to:

• Understand the current and future market trend for various types of welding equipment and consumables.
• Identify newer market opportunities and develop targeted promotion plans for appropriate welding equipment and consumables.
• Learn about competitor initiatives and explore the demand for welding equipment in new applications.
• Determine the technology life cycle costs of various technologies involved as well as the product life cycle of equipment and consumables involved in the processes.

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GLOBAL MARKET FOR WELDING PRODUCTS, 2010-2017 ($ MILLIONS)