The Welding Equipment, Accessories, and Consumables Market study provide comprehensive data on aspects of competitive intelligence, market research, strategy, planning, pricing and forecasting that enhances the understanding, scope, and application of this report.
The major key players covered in this report:
Colfax Corporation (NYSE:CFX) (U.S.), Lincoln Electric Holdings, Inc. (NASDAQ:LECO) (U.S.), Illinois Tool Works Inc. (NYSE:ITW) (U.S.), Air Liquide (France), Linde group (Germany), GCE holding AB (Sweden), Fronius international GMBH (Austria), CSR Limited (Australia), Messer group (Germany), Matheson tri-gas Inc. (U.S.), Bug-O (U.S.), Gentec (China), and Muller (Germany).
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Asia-Pacific is projected to grow at the highest rate; the countries in this region are expected to achieve high growth in the construction and automobile sector, thus, triggering a huge demand for the welding equipment, accessories, and consumables market. The Asia-Pacific region leads the market due to its large population and its growing demand for the construction, automobile, steel, and marine (oil and gas) industry.
As welding equipment, accessories, and consumables have a widespread application in all these end-use industries, the Asia-Pacific region, which is witnessing major growth in these sectors as well, has become a large market for this various equipment. This is followed by North America, which is the second-largest market for welding equipment, accessories, and consumables.
This report segments the global Welding Equipment, Accessories, and Consumables Market based on Types are:
Arc Welding, Oxy-fuel Welding, Other Welding Technologies.
Based on Application, the Global Welding Equipment, Accessories, and Consumables Market is Segmented into:
Automotive, Shipbuilding, Structural, Others.
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In Oct 2019, Colfax Corporation (NYSE:CFX) (U.S.) yesterday announced the successful completion of the divestment of its Air & Gas Handling business to an associate of KPS Capital Partners, LP. The transaction value was approximately $1.8 billion. Notably, Colfax signed the divestment agreement in May 2019.
In July 2019, Lincoln Electric Holdings, Inc. (NASDAQ:LECO) (U.S.) announced that it has completed the purchase of the controlling stake of Kaynak.
Regions covered By Welding Equipment, Accessories, and Consumables Market Report.
North America: United States, Canada, and Mexico.
Central and South America: Brazil and Argentina.
The Middle East and Africa: Saudi Arabia, and Turkey.
Europe: Germany, France, UK, Italy, Spain, and Russia.
Asia-Pacific: China, India, Japan, South Korea, Australia, Indonesia, and Singapore.
These segments are thoroughly evaluated on an individual basis and a team of analysts has ensured to give a crystal clear idea about various lucrative segments of the industry. This detailed analysis of segmentation help in offering precise results about the markets related to the industry.
The report has 150 tables and figures browse the report description and TOC:
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