News on market Arc Welding Equipment Market | Page 2

The wire rod makes contact with the metal to be welded thus completing an electric circuit which creates an arc
through which the transfer of the metal from the wire or rod is facilitated. During transfer, spatter occurs and some of
the molten drops of metal may become airborne and may cover the piece and surrounding area with small globules
that may solidify on cooling. The smatter can be reduced depending on the operator skill and method of welding
employed in the global arc welding equipment industry.
Commercially, many types of welding rods and wire compositions are available and flux and gases vary as the metal to
be joined may vary. Overall, with such factors, the global arc welding market is expected to rise at a higher CAGR
growth in the forecast period.
Global arc welding equipment industry is driven by factors such as rising construction projects and infrastructure in
the APAC market. Additionally, the growth in transportation industry and rising demand from oil and gas industry also
propels the market growth during the forecast period. Moreover, the global welding products and equipment market
is anticipated to rise at a higher CAGR owing to rise in end-use applications that require different welding styles. Rising
need for welding automation technology in fabrication is anticipated to rise at a higher CAGR in the forecast period.
However, low emphasis on advanced welding techniques in Indian market is expected to impede the market growth
for the forecast period. Also, on a global scale the shortage of skilled labour is expected to impede the market growth
during the forecast period.
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Global arc welding equipment industry is segmented into manual, automatic and semi-automatic, based on level of
automation. Application segment comprises automobile & transport, building & construction and marine application.
Geographically, the global arc welding market spans North America, Latin America, Europe, Middle-East, Asia-Pacific
and Africa. APAC regions such as China and India are anticipated to grow during the forecast period owing to rise in
industrialization and urbanization in developing countries. Also, the rising number of construction projects in these
regions is expected to propel the market growth during the forecast period.
The key players in the global arc welding equipment industry include Amada Miyachi, American Torch Tip, Arc
Machines, Automation International, Beijing, Colfax, Fronius, ITW, Lincoln Electric, Time Technologies, Daihen, CEA,
Doncasters Group, Kobe Steel, NIMAK, Panasonic Welding Systems, Shandong Hugong Electric Group, Shenzhen Riland
Industry, and Telwin Inc.
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