The Infinium Global Research analyzes the Welding Torch and Wear Parts Market over the period of 2019 to 2025. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global welding torch and wear parts market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of welding torch and wear parts. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the welding torch and wear parts market during the period.
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Growing Research and Development to Improve Convenience in Handling Robotic Welding Torches Drive the Growth of Welding Torch and Wear Parts Market
The growing research and development to improve convenience in handling robotic welding torches drive the growth of welding torch and wear parts market. The rising focus on the development of contemporary vehicles led to the expansion of the market. Further, the surge in vehicle production activities in Brazil, India, China, and demand for light commercial vehicles will augment the growth of welding torch and wear parts market. Additionally, strict regulations regarding environment protection encourage green techniques and advanced environmentally sustainable technology for the development of welding torch.
Furthermore, the introduction of software-driven solutions that are developed to gather weld data and to monitor the entire welding process leading to the expansion of the global welding torch and wear parts market. Specialized MIG welding provides visual guidance regarding travel speed, proper gun angle, and increases the productivity of welding operations favoring the growth of welding torch and wear parts market. In addition, the rising adoption of advanced light-manual, ergonomic, and flexible welding torches promotes the production of futurist vehicles. On the flip side, lack of skilled workers hinders the growth of the welding torch and wears parts market. The toxic atmosphere, fire, and electric shocks are the risks for the workers in this profession. Moreover, research and development create numerous opportunities in the global welding torch and wear parts market.
Europe is Anticipated to Account for the Major Share in the Global Welding Torch and Wear Parts Market
Geographically, the global welding torch and wear parts market is divided into North America, Asia-Pacific, Europe, and the Rest of the World. Europe is anticipated to account for the major share in the global welding torch and wear parts market. The growing automotive industry in Europe led to the expansion of the welding torch and wear parts market in Europe. The rising initiatives of European manufacturers towards conceptualization and working models of green and futuristic cats such as electric cars and autonomous vehicles contribute to the development of welding torch and wear parts market in Europe. Asia-Pacific region is expected to have the fastest CAGR in the global welding torch and wear parts market over the forecast period. The rising production of vehicles and the growing automobile sector in the Asia-Pacific region drive the growth of welding torch and wear parts market in the Asia-Pacific region. North America has lucrative growth opportunities in the global welding torch and wears parts market. New developments with robotic welding torches in North America will augment the growth of welding torch and wear parts market in North America.
Welding Torch And Wear Parts Market: Segmentation
The report on global welding torch and wear parts market covers segments such as type, cooling method, mode of operation, and end-use industry. On the basis of type, the sub-markets include mig-mag, tig, and plasmas. On the basis of cooling method, the sub-markets include gas-cooled, and water-cooled. On the basis of mode of operation, the sub-markets include automatic, and manual. On the basis of end-use industry, the sub-markets include construction, automotive, heavy equipment manufacturing, demolition and scrap, oil and gas, yellow goods, and other end-use industries.
Welding Torch And Wear Parts Market: Competitive Analysis
The report provides profiles of the companies in the market such as Riconlas, SKS Welding Systems, Sumig, TBi Industries GmbH, Welding Engineers, The Lincoln Electric Company, Uniarc and Tokin Corporation, Trafimet Group Spa, Parweld Ltd., Fronius International GmbH, and Other companies.
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