Thursday, January 30, 2014

Global market for welding products to reach $25.1 billion by 2019

While a very mature market, the global welding equipment and consumables market is poised for growth—particularly in the Asia-Pacific region. With many major companies from North America and Europe relocating to this region as well as setting up new joint ventures in various manufacturing fields, the Asia-Pacific market is booming. A steadily improving global economy, increasing R&D spending and a growing focus on automation will shape steady growth in this market for the foreseeable future.
BCC Research provides an in-depth analysis of the global welding products market through its report Welding Equipment and Supplies: The Global Market. According to the report, this market was valued at nearly $18.4 billion in 2013 and is expected to increase to $19.3 billion in 2014. BCC Research projects the market to grow to $25.1 billion by 2019, and register a five-year compound annual growth rate of 5.3% from 2014 to 2019.

Use this report to:
  • Gain an overview of the global market for welding products and related consumables.
  • Analyze global market trends, with data from 2012 and 2013, estimates for 2014, and projections of CAGRs through 2019.
  • Examine key information pertaining to machinery, filler materials, and accessories for various welding processes.
  • Assess how the value of shipments at the manufacturing level fluctuates with the volume of metals consumed in the global industry.
  • Review comprehensive company profiles of major players in the industry.
To order your copy of this report (or any of its chapters) or to download the complimentary introduction chapter, click here.

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