Welding Equipment, Accessories & Consumables Market Will Generate Record Revenue by 2029

The global welding equipment, accessories & consumables market is anticipated to grow at a CAGR of 4.7% during the forecast period. The market is majorly dependent on transportation, building and construction, and heavy industries. Welding is wildly used in the transportation industry to manufacture vehicle parts and accessories. According to the OICA (Organisation Internationale des Constructeurs d'Automobiles) the global production of passenger cars in 2021 amounted to 80.1 million compared to 77.6 million in 2020, which supports accelerating the market growth. 

Moreover, robotics innovations have led to an increase in the usage of robots in the automotive sector for fusing operations. The robots offer benefits including it improves process efficiency, productivity, quality, scrap reduction, and others which increase their demand in the automotive industry. To cater to the demand key layers are launching robotic welding systems to stay competitive in the market. For instance, in July 2019, Yaskawa America, Inc. launched three products in the robotic welding space. The product includes AR3120, Universal Weldcom Interface (UWI), and ArcWorld 50 series work cell. The AR3120 is a six-axis arc welding robot that has a 3,124-mm horizontal reach and 5,622-mm vertical reach. The UWI is a pendant application that enables full utilization of the advanced capabilities of select Miller and Lincoln Electric digital welding power supplies and the ArcWorld 50 series work cell is an affordable, wire-to-weld system that comes pre-assembled on a common base. Additionally, AR3120 is ideal for agriculture equipment, construction machinery, or automotive frames and has a 20 kg payload capacity. The robot can be floor-, wall-, tilt- or ceiling-mounted, and is controlled by the YRC1000 controller, which doesn’t require a transformer for input voltages ranging from 380VAC to 480VAC. The YRC1000 includes a lightweight teach pendant with intuitive programming, fitting into a compact cabinet

To Request a Sample of our Report on Welding Equipment, Accessories & Consumables Market:  https://www.omrglobal.com/request-sample/welding-equipment-accessories-and-consumables-market

Market Coverage

•                 The market number available for – 2021-2029

•                 Base year- 2021

•                 Forecast period- 2023-2029

Segment Covered- 

•                 By Equipment

•                 By Technology

•                 By End-User

Regions Covered-

•                 North America

•                 Europe

•                 Asia-Pacific

•                 Rest of the World

•                 Competitive Landscape- including ACRO Automation Systems Inc., Air Liquide S.A., Banner Welding Inc., Daihen Corp., Denyo Co., Ltd., Emerson Electric Co., Forward Sonic Tech Co. Ltd., and others. 

A full Report of Welding Equipment, Accessories & Consumables Market is Available @  https://www.omrglobal.com/industry-reports/welding-equipment-accessories-and-consumables-market

Welding Equipment, Accessories & Consumables Market Report Segment

By Equipment

•                 Electrodes & Filler Metal Equipment

•                 Oxy-fuel Gas Equipment

•                 Other Equipment

By Technology 

•                 Arc Welding

•                 Oxy-fuel Welding

•                 Others 

By End-User

•                 Automotive

•                 Construction and Infrastructure

•                 Shipbuilding

•                 Power Generation

•                 Others 

Welding Equipment, Accessories & Consumables Market Report Segment by Region

North America                                                                                                                                                                            

·        United States

·        Canada                     

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan              

·                  South Korea

·                  Rest of APAC

Rest of the World

•       Latin America

•       Middle East and Africa 

Company Profiles 

•                 ACRO Automation Systems Inc.

•                 Air Liquide S.A.

•                 Banner Welding Inc.

•                 Daihen Corp.

•                 Denyo Co., Ltd.

•                 Emerson Electric Co.

•                 Forward Sonic Tech Co. Ltd.

•                 Fronius International GmbH

•                 Hyundai Welding Co., Ltd.

•                 Illinois Tool Works Inc.

•                 Kobe Steel Ltd

•                 Kormax System Inc.

•                 Lincoln Electric Holdings, Inc.

•                 Mitco Weld Products Pvt. Ltd.

•                 Nippon Avionics Co. Ltd.

•                 Obara Group Inc.

•                 Panasonic Holdings Corp.

•                 SONICS & MATERIALS, INC.

•                 TIANJIN BRIDGE WELDING MATERIALS CO., LTD.

•                 VOESTALPINE AG

Reasons to buy from us –

1.  We cover more than 15 major industries, further segmented into more than 90 sectors.

2.  More than 120 countries are for analysis.

3.  Over 100+ paid data sources mined for investigation.

4.  Our expert research analysts answer all your questions before and after purchasing your report.

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About Orion Market Research 

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

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