Press release distribution to media in EMEA
  • Middle East
  • North Africa
  • Global
  • Business
  • Finance
  • Technology
  • Press
  • About Us
    • Press Release Distribution Services
    • Submit Press Release
    • Contact Us
Submit PR
No Result
View All Result
MENA NEWS | Press release distribution to media in UAE and MENA regions
  • Middle East
  • North Africa
  • Global
  • Business
  • Finance
  • Technology
  • Press
  • About Us
    • Press Release Distribution Services
    • Submit Press Release
    • Contact Us
Submit PR
No Result
View All Result
PR distribution to media in EMEA
Submit PR
Home Press

Adoption Scenario of Arc Welding Equipment Market to Remain Positive Through 2029

admin by admin
March 11, 2022
in Press
Share on FacebookShare on Twitter


(EMAILWIRE.COM, March 11, 2022 ) The global sales of arc welding equipment reached ~1,600,000 (Units) in 2018, reveals the latest report on the arc welding equipment market by PMR. According to PMR’s analysis, the global arc welding equipment market is projected to register ~6% CAGR during the forecast period of 2019 and 2029. Rising demand for arc welding products from several end-use industries such as automotive & transportation, energy, and construction are estimated to spur the growth of the arc welding equipment market in the forecast period.

To remain ‘ahead’ of your competitors, request for a sample@ https://www.persistencemarketresearch.com/samples/16864

According to the comprehensive research and deep study, increasing number of housing and infrastructure projects and improving public transport facilities, inclusive of railways and roads, are expected to lead to significant growth in the arc welding market globally. Various arc welding technologies, such as Gas-Metal Arc Welding (GMAW) and Gas-Tungsten Arc Welding (GTAW) are widely used in the automobile industry. Growth of the market is expected to be further driven by evolving automobile designs in need for competitive arc welding procedures coupled with rising demand for automobiles.

Furthermore, several large-scale infrastructural projects launched as part of governments’ development programs are expected to emerge as major drivers for the growth of the arc welding equipment market in the international foothold. The global arc welding equipment market is estimated to reach the revenues worth ~US$ 5 Bn in 2019, and is expected to witness impressive growth towards the end of 2029.

Core Industrial Sectors Remain Prime Revenue Generation Channels

Increasing capital expenditure for construction activities coupled with mega infrastructure projects planned in the developing regions in the near future, are expected to drive the arc welding equipment over the estimated period. Rampant investments in core industrial sectors are expected to drive the demand for arc welding equipment and gases throughout the forecast period.

Though shielded metal arc welding (SMAW) or more commonly known as stick welding technology is the oldest method of arc welding in the market today, it surprisingly holds the largest market share despite other arc welding technologies developed for different applications. Other welding technologies closely following the heels are flux cored arc welding (FCAW), plasma arc welding (PAW), and gas metal arc welding (GMAW). Highly customized and specific welding operations call for gas tungsten arc welding (GTAW), which requires professional arc welding experienced personnel as it cannot be automated easily.

Welding operators find semi-automatic arc welding equipment to be more economic and efficient in comparison to manual and automatic arc welding equipment. Thus, increasing demand for semi-automatic arc welding is estimated to drive the global arc welding equipment market growth. Semi-automatic arc welding equipment, such as TIG (Tungsten Inert Gas), MIG (Metal Inert Gas), and flux cored arc welding equipment are gaining traction in the Middle East & Africa market owing to growth in end-use industries, such as construction, energy, automotive, and oil & gas.

For critical insights on this market, request for ask an expert here@

https://www.persistencemarketresearch.com/ask-an-expert/16864

Emerging Market Trends Dictated by Technology & Gas Usage

Utilizing helium for the purpose of shielding in arc welding operations might have been fruitful, but its high price and scarcity have led to its uneven usage across various economies around the globe. The usage of helium is especially prevalent in countries where natural gas is abundant, which leads to drastic reduction in selling prices. The U.S., Qatar, and Algeria are some the major countries that produce around a combined 75% of the total global helium production. Helium, in such countries, is sold at around US$ 30,000 per ton, while the selling price in other countries can go up to as high as US$ 75,000 per ton.

Recent inflation in helium prices has also been a worrying factor, as crude helium prices rose 135% year-on-year at a recently concluded U.S. government auction. When it comes to selecting a shielding gas for metal welding operation through arc technology, inert gases top the list in comparison to other gases. Helium and argon are two most common inert gases used in arc welding technology, but the high price of helium forces welding operators to choose argon for shielding purposes. Its low price, coupled with advantageous shielding properties is likely to influence dominance of argon in the arc welding equipment and gas market in the present scenario as well as in the future.

For in-depth competitive analysis, buy now@ https://www.persistencemarketresearch.com/checkout/16864

Arc Welding Equipment Market: Vendor Insights

Persistence Market Research’s business analysis also highlights resourceful insights about the competitive structure of the arc welding equipment market and typical approaches of prominent market players. The global arc welding equipment market is estimated to be fairly fragmented with leading players accounting for less than 43% of the total market. Some of the key players identified in the global competitive market are Daihen Corporation, The Lincoln Electric Company, Colfax Corporation, Obara Group, Inc., Illinois Tool Works Inc, Hyundai Welding Co. Ltd, Fronius International GmbH, Panasonic Corporation, and Kemppi Oy.

Read More Trending Reports of PMR –

Welding Equipment Market

The PMR report provides detailed market is projected to bring in US$ 19,165.2 Million in terms of value and is projected to bring in US$ 19,165.2 Million in terms of value..

About us:

Persistence Market Research, as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.



Source link

Previous Post

Ooredoo Kuwait announces LigaData as strategic data partner at MWC22

Next Post

Anti-Diarrheal Drugs Market Size Estimated to Reach $186 Million by 2027

RelatedPosts

Press

Industrial Dust Collector Market projected to reach USD 7.2 Billion by 2032, growing at a CAGR of 3.17%

(EMAILWIRE.COM, June 17, 2025 ) Market Research Future published a report titled, the Industrial Dust Collector Market Size,...

by admin
June 17, 2025
Press

Car Rental Market valued projected to reach 200.4 billion USD by 2030

(EMAILWIRE.COM, June 17, 2025 ) In 2022, the car rental market was estimated to be worth USD 107.5...

by admin
June 17, 2025
Press

Automotive Service Market Projected to Reach USD 1,323.49 Billion, With CAGR of 5.51% by 2034

(EMAILWIRE.COM, June 17, 2025 ) The Automotive Service Market Size was projected to reach 773.93 (USD billion) in...

by admin
June 17, 2025
Press

Emailwire.com Press Release Services

  Search All categoriesAdvertising  GeneralAerospace  GeneralAgriculture  GeneralAirlines  GeneralAmerica - Post 9/11  GeneralApparel  GeneralApple Products  GeneralArchitectural  GeneralArchitecture  ArchitectureArt & Entertainments  Books  Celebrities  Country Music  Dance  Magazines  Movies  Museums  Music  Music Downloads  News & Talk Shows  Performing Arts  Photography  Television  Web SitesArts/Culture  GeneralAuction  GeneralAutomotive  Aftermarket  Classic Autos  Consumer...

by admin
June 17, 2025
Load More

Advertize

Latest Post

HONGQI تستعرض الفخامة الشرقية في معرض هونغ كونغ الدولي للسيارات وسلسلة التوريد 2025

HONGQI تستعرض الفخامة الشرقية في معرض هونغ كونغ الدولي للسيارات وسلسلة التوريد 2025

by admin
June 19, 2025

Lemnisk’s Enterprise Strategy Focuses on Doubling  Revenue in Two Quarters

Lemnisk Unveils Industry-First Innovations for the AI Era of Customer Engagement

by admin
June 18, 2025

Four Investment Ideas to Grow Your Wealth in UAE

Maternity Coverage in Health Insurance

by admin
June 18, 2025

Data Center Market to Surpass USD 150 Billion by 2032 | CAGR 7.82% (2024-2032) | Empowering Digital Growth

by admin
June 17, 2025

Medical Tourism Market Set to Surge Beyond USD 150 Billion by 2035 | MRFR Insights

by admin
June 17, 2025

Motorcycle Market Gears Up for Electric and Adventure Growth | Market Size to Hit USD 120 Billion by 2035

by admin
June 17, 2025

MENANEWS provides press release distribution services for businesses, organizations and other entities with the need to reach media outlets in Europe, Middle east and Africa (MENANEWS) Submit press release or contact us today.

Share Us

CATEGORIES

MIDDLE EAST
NORTH AFRICA
GLOBAL
BUSINESS
FINANCE
TECHNOLOGY
PRESS

Subscribe To Our Newslatter

    © 2025 Copyright MENANEWS.CLUB
    No Result
    View All Result
    • Middle East
    • North Africa
    • Global
    • Business
    • Finance
    • Technology
    • Press
    • About Us
      • Press Release Distribution Services
      • Submit Press Release
      • Contact Us

    © Copyright MenaNews.club™