Lincoln Electric Holdings, Inc (US) and Colfax Corporation (US) are the Major Players in the Welding Equipment, Accessories & Consumables Market

 Breaking News
  • No posts were found

Lincoln Electric Holdings, Inc (US) and Colfax Corporation (US) are the Major Players in the Welding Equipment, Accessories & Consumables Market

July 13
21:41 2021
Lincoln Electric Holdings, Inc (US) and Colfax Corporation (US) are the Major Players in the Welding Equipment, Accessories & Consumables Market

Browse 303 market data Tables and 50 Figures spread through 264 Pages and in-depth TOC on “Welding Equipment, Accessories & Consumables Market”
Welding Equipment, Accessories & Consumables Market by Equipment, Accessory, Consumable (Electrodes & Filler Materials, Fluxes & Wires Gases), Technology (Arc Welding, Oxy-Fuel Welding ), End-Use Industry, and Region

The welding equipment, accessories, and consumables market is projected to grow from USD 25.9 billion in 2021 to USD 32.5 billion by 2026, at a CAGR of 4.6% during the forecast period. Innovations and technological advancements in the automotive industry to cater to the growing demand from customers is expected to create higher demand for welding products which is likely to drive the global welding equipment, accessories, and consumables market during the forecast period. APAC is the fastest-growing market for welding equipment, accessories, and consumables due to growing population, favorable investment policies, growing economies, and government initiatives directed at promoting electronics and automobile industries in the region

APAC is the largest producer and consumer of welding equipment, accessories, and consumables across the globe, with almost all major manufacturers and end-use companies present in the region. It has witnessed tremendous growth in the last few years, driven by its growing population, favorable investment policies, growing economies, and government initiatives directed at promoting electronics and automobile industries in the region.

To know about the assumptions considered for the study download the pdf brochure

The welding equipment, accessories, and consumables market is dominated by major players such as Lincoln Electric Holdings, Inc (US), Colfax Corporation (US), Illinois Tool Works Inc. (US), Kobe Steel Ltd (Japan), and  Air Liquide S.A( France). These players have adopted growth strategies, such as joint ventures and contracts to further expand their presence in the global welding equipment, accessories, and consumables market.

Lincoln Electric Holdings, Inc. (Lincoln Electric) is engaged in the manufacturing of arc welding equipment, consumable welding products, and other welding and cutting products. Its welding products include arc welding power sources, wire feeding systems, robotic welding packages, fume extraction equipment, consumable electrodes, and fluxes. The company also offers computer numeric controlled (CNC) plasma and oxy-fuel cutting systems, and regulators and torches used in oxy-fuel welding, cutting, and brazing. Lincoln Electric’s products cater to the automotive, oil & gas, construction, infrastructure, and shipbuilding industries. Lincoln Electric operates across Europe, the Americas, Asia Pacific, the Middle East, and Africa.

Colfax Corp. operates as a diversified technology company that supplies its products to government and commercial consumers around the world. The main subsidiary of Colfax Corporation is ESAB, based in the UK. ESAB has 26 manufacturing plants in 4 continents and sales/support representatives in 80 countries. ESAB’s cutting and welding products include electrodes, cored & solid wires, and fluxes. The company provides fabrication technology equipment that ranges from portable welding machines to large, customized cutting and automated welding systems. ESAB is recognized for its expertise in manufacturing products used in the energy, machinery, power generation, fabrication, construction, ship building, transportation, and other sectors. ESAB operates with over 10,000 employees across 35 facilities worldwide.

Request for Sample Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=197066654

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/welding-equipment-accessories-consumable-market-197066654.html

Categories