Global demand for welding machinery is forecast to expand 4.0% p.a. between 2014 and 2018. Bangladesh, China, Germany, Japan and the United States are considered the highest potential markets in the coming years.
According to recently published research conducted by a leading international market research company, Global Research & Data Services, the expansion of the global welding machinery industry is forecast to reach 4.0% p.a. in the coming years. Between 2007 and 2013 the market increased with an average annual growth of 4.6%. Currently, electric plasma and arc welding machinery accounts for 37.3% of the global demand while the remaining market share is divided between electric resistance welding machinery (24.9%), other electric, ultrasonic and laser welding machinery (30.5%), gas welding machinery (2.7%) and other welding machinery (4.6%).
Canada, China, Germany, Japan and the United States represent the largest welding machinery markets while the strongest annual growth is forecast to occur in Bangladesh (18.4%), the United States (13.1%), Bolivia (12.8%), Ecuador (9.8%) and Kyrgyzstan (9.4%).
Welding machinery market size compared to market growth in different countries
Based on in-house analysis and an advanced model which takes into consideration the actual market size, trends, forecast market growth, and changes in the market environment, Global Research and Data Services calculates the Market Potential Rates, the predicted market potential of the country in the coming years. The larger the Market Potential Rate, the more potential the market has in the coming years; and conversely, the smaller the rate, the less potential the market is considered to have in the future. Based on these Market Potential Rates, the top 20 highest potential welding machinery markets in the coming years are:
Ranking | Country | Market Potential Rate |
1 | China | 0.65 |
2 | United States | 0.32 |
3 | Japan | 0.21 |
4 | Bangladesh | 0.19 |
5 | Germany | 0.14 |
6 | Bolivia | 0.13 |
7 | Thailand | 0.11 |
8 | Ecuador | 0.10 |
9 | South Korea | 0.10 |
10 | Kyrgyzstan | 0.09 |
11 | Azerbaijan | 0.08 |
12 | Austria | 0.05 |
13 | Peru | 0.04 |
14 | Mexico | 0.04 |
15 | Sweden | 0.04 |
16 | India | 0.04 |
17 | Malaysia | 0.04 |
18 | Canada | 0.04 |
19 | France | 0.03 |
20 | Vietnam | 0.03 |
The market information is based on new industry data reports recently published by Global Research & Data Services. The reports offer the most up-to-date market data on the actual market situation, trends, and future outlook for welding machinery in the world and individually for the following countries:
Argentina, Armenia, Australia, Austria, Azerbaijan, Bangladesh, Belgium, Bolivia, Bulgaria, Canada, Chile, China, Colombia, Czech Republic, Denmark, Ecuador, Egypt, Estonia, Finland, France, Georgia, Germany, Ghana, Greece, Hungary, India, Indonesia, Iran, Ireland, Italy, Japan, Jordan, Kazakhstan, Kyrgyzstan, Latvia, Lithuania, Macedonia, Malaysia, Mexico, Moldova, Morocco, Netherlands, Norway, Oman, Pakistan, Peru, Philippines, Poland, Portugal, Romania, Singapore, Slovakia, Slovenia, South Africa, South Korea, Spain, Sweden, Thailand, Turkey, Ukraine, United Kingdom, United States, Vietnam
The reports include historic market data from 2007 to 2013 and forecasts until 2018 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, analysts, and other people looking for key industry data in readily accessible and clearly presented tables and graphs.
The latest market data for this research include:
- Overall welding machinery market size, 2007-2018
- Welding machinery market size by product segment, 2007-2018
- Growth rates of the overall welding machinery market and different product segments, 2007-2018
- Shares of different product segments of the overall welding machinery market, 2007, 2013 and 2018
- Market Potential Rates of the overall welding machinery market and different product segments
The product segments discussed in the reports include:
Automatic electric resistance welding machinery
Non-automatic electric resistance welding machinery
Automatic electric plasma and arc welding machinery
Non-automatic electric plasma and arc welding machinery
Other electric, ultrasonic and laser welding machinery
Gas welding machinery
Other welding machinery
Non-automatic electric resistance welding machinery
Automatic electric plasma and arc welding machinery
Non-automatic electric plasma and arc welding machinery
Other electric, ultrasonic and laser welding machinery
Gas welding machinery
Other welding machinery
The report s help answering the following questions:
- What is the current size of the welding machinery market in the world and in different countries?
- How is the welding machinery market divided into different product segments?
- How are the overall market and different product segments growing?
- How is the market predicted to develop in the future?
- What is the market potential compared to other countries?
About the Company:
Global Research & Data Services is one of the leading sources of global industry information. Since 1992, the company’s strong expertise has helped thousands of companies from more than 70 countries around the world to identify new business opportunities with our key market trends and analysis.
The GRDS advantage rests in the diverse range of industries and countries covered. Every year, the company publishes more than 10,000 industry reports from over 100 industries and 100 countries. This extremely comprehensive coverage is made possible by an experienced team of industry experts and specialists. The company’s expertise and advanced methodology enable the publication of standard format industry reports which allow for easy benchmarking of different countries and product segments against each other.
Our company can provide that difficult-to-find market data from industries and countries that most market research publishers do not cover. The main industries currently covered include, among others: automotive, aerospace and transportation, chemicals, clothing, footwear and textiles, construction and mining, consumer goods, electronics, food and beverages, furniture and furnishing, ICT, machinery and equipment, manufacturing, materials, medical devices, metals, non-metallic minerals, optical goods, packaging, paper and pulp, pharmaceuticals, plastics and rubber, printing, retail and wholesale, tobacco and wood.
By providing the most up-to-date market data in the industry reports, we help you gain a much clearer perspective on the actual market situation, trends, and future outlook for different industries.
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