Submerged Arc Welding Market Competitive Insight, Key Drivers and Forecast 2019-

Posted by surendra choudhary on March 19th, 2020

Submerged Arc Welding Market Introduction

  • Submerged arc welding is a wire-fed process generally used with stainless steels, carbon steels, and some nickel alloys
  • The submerged arc welding process is largely employed in heavy industrial applications in various industries such as shipbuilding, wind tower and rail car fabrication, pressure vessel, and offshore oil rig welding
  • The process has significant impact on the productivity and efficiency of manufacturing process in various end-user industries

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Submerged Arc Welding Market: Segmentation Analysis

  • Based on type, the global submerged arc welding market can be segmented into semi-automatic submerged arc welding and automatic submerged arc welding
  • In terms of end-user, the global submerged arc welding market can be divided into construction, automotive, aerospace & defense, and shipbuilding
  • Automotive is anticipated to be the prominent segment of the global submerged arc welding market. Market share of the end-user segment is expected to increase in the near future. Thus, the segment is estimated to maintain its leading position in the global submerged arc welding market during the forecast period.

Asia Pacific to Lead the Global Market for Submerged Arc Welding

  • In terms of region, the global submerged arc welding market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa
  • Asia Pacific is expected to contribute significantly to the submerged arc welding market from 2019 to 2027. The market in the region is expected to expand at a significant pace during the forecast period.
  • Increase in demand for submerged arc welding equipment in various end-user industries in major economies such as India, China, and Japan is propelled the submerged arc welding market in Asia Pacific

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Key Manufacturers Operating in Market

The global submerged arc welding market was fairly fragmented in 2018, with the presence of limited number of established players who occupy prominent share. Key manufacturers operating in the global market are:

  • Colfax Corporation
  • DAIHEN Corporation
  • Illinois Tool Works Inc.
  • Kjellberg Finsterwalde Plasma und Maschinen GmbH
  • Lincoln Electric Holdings, Inc.

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surendra choudhary

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surendra choudhary
Joined: February 12th, 2019
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