December 2011

Trends and Resources

HP Impact: US welding equipment demand to exceed $7 billion

Demand in the US for welding equipment and consumables is forecast to increase 6.4% annually to $7.1 billion in 2015 (Table 1). Gains will be driven by continued recovery from the economic recession e..

Thinnes, Billy, Hydrocarbon Processing Staff

Demand in the US for welding equipment and consumables is forecast to increase 6.4% annually to $7.1 billion in 2015 (Table 1). Gains will be driven by continued recovery from the economic recession experienced between late 2007 and 2009 in major manufacturing and construction markets. Growth will also be fueled by the increasing number of applications in which various types of welding can be used. These and other trends are presented in a new study from The Freedonia Group.   The welding equipment segment is dominated by arc and resistance welding systems, which accounted for a combined 70% of equipment demand in 2010. These will remain the dominant welding techniques, in part

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