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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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: