Market Research Report - 247722
Analysis of the Global Submerged Arc Welding Market
|Published by||Frost & Sullivan|
This analysis of the global submerged arc welding market offers a holistic view of both equipment and consumables. The technology has gained market share recently because of increasing awareness, productivity demands, and consistent government stimulus. One of the biggest drawbacks for the market is the significant cost associated with investment, particularly due to the conservative spending pattern of the welding industry. The market is grouped into several major end-user industries, including construction, energy, heavy machinery, and shipbuilding. The regions covered include the Americas; Europe, the Middle East, and Africa (EMEA); Asia-Pacific (APAC); and the rest of the world (ROW).