Finland Welding Equipment Market Outlook to 2022

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The Finland Welding Equipment Market was valued at USD XX billion in 2016 and is projected to reach USD XX billion by 2022, at a CAGR of XX% during 2017-2022 (the forecast period).

Welding is the most popular joining process that is extensively used across industries, such as, automotive, aerospace, medical, consumer electronics, construction, and oil & gas. The type of energy deposition is crucial to distinguish the various welding techniques. Trade between industrialized nations is gradually reducing, and many emerging markets are fighting for a market space to export their industrial products. Most of these industrial products are manufactured using welding processes. The welding industry includes equipment, consumables and services. Industrial sectors are highly dependent on welding technologies to join the manufactured products. As 11% of the construction industry’s labor share is occupied by welding, the construction industry is also one of the most important industries for welding applications in the world. Over XX% of the welding processes in the world have applications in the automotive industry. However, the trend changes from region to region, as some regions, like the Middle East, are hubs for the oil & gas industry.

Finland Welding Equipment Market Trends

Specialized welding methods like hot-air laser welding machines are expected to gain popularity in the future, especially with applications in coating materials that use plastic and textile. The welding equipment market is expected to grow at a remarkable rate, as the world moves toward industrialization, owing to the growing population. However, the lack of adequate regulations and structural integrity issues of traditional welding methods are expected to restrict the market’s growth. Moreover, welding applications require workforce with specialized skill sets, and the manufacturing industry is estimated to witness gaps in skilled human resource. The Finland welding equipment market applies to different sectors, such as residential, commercial, and industrial. Hence, the market segmentation is done based on these categories. By the type of welding process, the equipment market has also been categorized into arc welding, braze welding, forge welding, gas welding, resistance welding, and ‘others’. The XX type had the largest market share, with XX%, in 2016. By the end-user industry, the market has also been segmented into oil & gas, automotive & aviation, shipbuilding, power plant, mining, chemical & mining, construction, and ‘others’. The XX end-user occupied the largest market share, with XX%, in 2016. The major local and international companies that dominate this market on the basis of products, services, and continuous product developments have been listed in the report.

Welding Equipment Market, by Equipment Type             


Scope of the Report:

Finland Welding Equipment Market Analysis, by Equipment Type             

  • Arc Welding
  • Braze Welding
  • Forge Welding
  • Gas Welding
  • Resistance Welding
  • Welding Consumables
  • Others

Finland Welding Equipment Market Analysis, by Material Type

  • Metal Welding
  • Glass Welding
  • Plastic Welding
  • Others

Finland Welding Equipment Market Analysis, by End-user Industry                         

  • Oil & Gas             
  • Automotive, Aviation & Shipbuilding
  • Power
  • Chemical & Mining
  • Construction
  • Others 

Key Company Players

  • Air Liquide
  • Amada Co
  • Arcon Welding Equipment
  • Colfax Corp.
  • DAIHEN Corp.
  • GasIQ AB
  • Illinois Tool works
  • Kemppi
  • Lincoln Electric
  • Messer Group
  • Obara Corp.
  • Panasonic Corp.
  • Rofin Sinar Technologies
  • Trumpf
  • Others

Key Deliverables of the Study

  • Market overview - market analysis and identification of key drivers, restraints, and opportunities
  • Major trends and economic outlook
  • Supply chain analysis
  • Porter’s five forces analysis
  • A comprehensive summary of the sectors and regions poised for the fastest growth
  • Future of the market
  • Extensively researched competitive landscape section, with profiles of major companies, along with their estimated market shares

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