Welding Equipment Market to Grow at CAGR of 7.21% during 2016 – 2021 Nov 2016 | Page 2
Global Welding Equipment Market: Trends, Opportunities and
Forecasts (2016-2021)
Key factors fuelling the growth of Welding Equipment Market are rising construction and manufacturing
activity worldwide, growth in automobile and construction industry, increasing demand for energy and the
emergence of friction stir welding technology.
According to “Global Welding Equipment Market: Opportunities and Forecasts (2016-2021)” report,
Welding Equipment Market is forecasted to grow at a CAGR of 7.21% during 2016 – 2021F, on account of
increasing attention towards automotive and construction industry along with growing demand for energy
driving the growth of the Welding Equipment market. On the basis of market segment, the market has been
segmented into three categories namely – By Technology, By End User, and By Regions. Few of the leading
companies operating in Welding Equipment Market are Illinois Tool Works Inc., Sonics and Materials, Inc.,
Fronius International GmbH, voestalpine AG, Obara Corporation, Daihen Corporation, ROFIN-SINAR
Technologies Inc., Panasonic Corp., Lincoln Electric Holdings Inc., ESAB.
Access Complete Report at http://www.reportsnreports.com/reports/737269-global-welding-equipmentmarket-arc-laser-beam-resistance-oxy-fuel-analysis-by-end-user-by-region-by-country-2016-2021-bytechnology-arc-welding-resistant-welding-oxy-fuel-welding-laser-beam-welding-an-a-and-braz.html.
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