Welding technology is widely adopted in all small and large-scale industries, which deal with fabrication processes. It is also used for repairing and refurbishing metal products. Welding can be executed in all possible media, viz. air, space, and underwater. The process finds significant applications in automotive manufacturing,construction of residential, commercial, and industrial buildings, construction of bridges and other infrastructure, aerospace and defense, heavy machinery manufacturing, and all other fabrication industries or applications that require metal repairing.The global welding equipment market is expected to grow steadily during the forecast period and hence drive the arc welding market as well. The welding industry is witnessing a series of technological developments in the welding process.

PART 01: Executive summary 6

PART 02: Scope of the report 17

PART 03: Research Methodology 22

PART 04: Introduction 25

Key market highlights 25

PART 05: Market landscape 30

Market overview 30

Market size and forecast 31

Five forces analysis 34

PART 06: Market segmentation by end-user 35

Market overview 35

Automotive 36

Construction 41

Aerospace and defense 43

Shipbuilding 46

PART 07: Geographical segmentation 48

Market overview 48

APAC 49

Americas 51

EMEA 53

PART 08: Market drivers 55

Positive outlook for global construction sector 55

Rise in wind energy consumption 57

Amplified demand for water and wastewater industry 59

PART 09: Impact of drivers 62

PART 10: Market challenges 63

Growing popularity of friction-stir welding in automotive

sector 63

Poor quality of welded products 65

Emergence of laser welding equipment 67

PART 11: Impact of drivers and challenges 70

PART 12: Market trends 71

Redressing the issue of growing skills gap 71

Competitive landscape driving new technologies 72

Advent of new materials 74

PART 13: Vendor landscape 76

Competitive landscape 76

Other prominent vendors 77

PART 14: Key vendor analysis 79

Colfax 79

Fronius 85

ITW 87

Lincoln Electric 91

PART 15: Appendix 94

List of abbreviations 94

PART 16: Explore Technavio 95