TechNavio today launched its report Global Welding Products Market 2011-2015 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Engineering team said: ”The Laser Beam Welding Equipment segment is one of the fastest growing segments in the market, and the demand for laser beam welding is increasing among various discrete industries. Many vendors are focusing on the Laser Beam Welding Equipment segment and are introducing various innovative technologies and a broad range of applications in order to enhance market potential. Therefore, the demand for integrated laser beam welding is expected to increase in various industries, especially, Shipbuilding, Railways, and Steel Manufacturing.”
According to the report, one of the major drivers in the market is the increasing demand from the Manufacturing industry. Many discrete industries and process industries are emerging in the APAC region, which creates opportunities for welding equipment and consumables in this region.
Further, the report also discusses that the increasing shortage of skilled labor and welders is one of the major challenges in the market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players. For further information on this report, please visit http://goo.gl/OoCug
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For more information on our Engineering, please visit https://www.technavio.com/engineering-software
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TechNavio Announces the Publication of its Report – Global Welding Products Market 2011-2015
