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Classified in: Mining industry
Subject: SVY

Welding Accessories Market 4.90% CAGR to 2021 led by Wind Energy

PUNE, India, September 29, 2017 /PRNewswire/ --

Welding accessories market is emergence of friction stir welding technology in automotive sector. Friction stir welding technology is a unique and innovative technique of joining two metals by using frictional heat coupled with a precisely controlled forging pressure. The final product possesses high integrity and is defect-free according to ReportnReports.com.

Get complete report on Welding Accessories Market spread across 88 pages, analyzing 14 major companies and providing 41 data exhibits now available at http://www.reportsnreports.com/reports/1119826-global-welding-accessories-market-2017-2021.html.

The analysts forecast global welding accessories market to grow at a CAGR of 4.90% during the period 2017-2021. According to the report, one driver in the market is growing demand from wind energy industry. With depleting fossil fuel resources and stringent environmental regulations pertaining to the generation of electricity using non-renewable sources, there has been a gradual shift of focus toward the use of renewable sources, such as wind energy. The fabrication of wind towers requires the construction of large tubular shapes from individual cans. Internal and external longitudinal welding are required for the cans, while forming, tacking, and welding of internal and external circumferential joints are essential for the formation of the tower.

Welding accessories market Key players are Colfax, Fronius International, Illinois Tool Works, and The Lincoln Electric Company. Other Prominent Vendors in the market are: American Torch Tip, Arc Machines, GCE Group, Kobe Steel, NIMAK, OTC Daihen, Panasonic Welding Systems, Shenzhen Riland Industry, Senor Metals, sand Telwin.

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Further, the report states that one challenge in the welding accessories market is introduction of new welding technology involves greater R&D expenses. The need to introduce new technology for various welding applications in different end-user industries is posing a major challenge in the market. To enhance productivity, performance, and safety, many industries, such as the automotive, power, energy, and heavy machinery, are increasingly focusing on upgrading technologies to replace the existing ones. The demand for technologically upgraded products of robotics, gantry systems, or work cells is increasing as it helps end-users reduce the cost of production, produce better quality products, and speed up the production process.

The report, Global Welding Accessories Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Another related report is Global Nonwoven Filter Media Market 2017-2021, the analysts forecast global nonwoven filter media market to grow at a CAGR of 6.07% during the period 2017-2021. Keyplayers are 3M, Ahlstrom, Cummins Filtration, Freudenberg, DuPont, PEGAS NONWOVENS, KCWW, and DelStar Technologies.

According to the nonwoven filter media market report, one driver in the market is growing automotive industry. Nonwoven filter media is used for filtration of engine air, cabin air, oil, and fuel. The increasing demand for vehicles is expected to continue during the forecast period, which will create demand for nonwoven filter media. The improving economic situation and change in lifestyle together with rising consumer confidence have resulted in higher demand for new, fuel-efficient, and technologically advanced cars equipped with more safety features.

Browse complete Nonwoven Filter Media market report at http://www.reportsnreports.com/reports/1119811-global-nonwoven-filter-media-market-2017-2021.html.

Explore other new reports on Manufacturing & Construction Market at http://www.reportsnreports.com/market-research/manufacturing/.

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