From the Wires
Global Market for Welding Machinery Projected to Reach $14.8 Billion by 2018
By: PR Newswire
Nov. 12, 2012 07:15 PM
FARMINGTON, Conn., Nov. 12, 2012 /PRNewswire-iReach/ -- The Las Vegas Convention Center is hosting FABTECH this week. More than 25,000 attendees will convene at this event – covering 400,000 net square feet – to meet with world-class suppliers, find tools to improve productivity, and to learn about the latest industry products and developments in metal forming, fabricating, welding and finishing.
Whether you want to double-check the facts, brush up on your metal forming, fabricating, welding and finishing knowledge, or need insight on the shape of the global market, Global Information Inc (GII) recommends three reports from our premium market research partner Global Industry Analysts, Inc. that will help you with these needs and more.
The global market for Welding Machinery is projected to reach $14.8 billion by 2018, driven by new infrastructure projects specifically wind turbine installations, recovery in the construction and manufacturing sectors, and sustained need for maintenance and repair activities in existing applications.
Arc welding machinery market is the major segment in the global welding machinery market. Future growth in the arc welding machinery market would be driven by sustained demand from the global energy industry. Arc welding is used for maintaining and repairing LNG (Liquefied Natural Gas) tanks, nuclear facilities, wind turbine installations and pipelines. Growth would also be spurred by the rising use of arc welding machinery in the transportation, automotive, infrastructure and construction industries; rapid industrialization of developing countries and development of corrosion-resistant filler metals and energy efficient machines. Laser welding machinery market is projected to grow rapidly in the coming years, driven partly by its increased adoption in new end-use sectors. Laser welding is expected to find increase application in heavy industrial manufacturing, especially shipbuilding, railways, steel production and light industrial manufacturing sectors. Europe represents the largest regional market for laser welding machinery.
In addition to several large companies, the market involves the participation of several small-scale companies offering niche/specialist services and products such as welding torches, screens and marking equipment. Major players profiled in the report include ACRO Automation Systems Inc., ARCON Welding LLC, Banner Welder Inc., Bohler Thyssen Welding USA Inc., British Federal Ltd., Daihen Corporation, ESAB Holdings Ltd., Fronius International GmbH, IDEAL-Werk C+E Jungeblodt GmbH & Co. KG, Illinois Tool Works Inc., Kemppi Oy, L Air Liquide S.A., Lincoln Electric Holdings Inc., Motoman Inc., Panasonic Welding Systems Co. Ltd., Rofin-Sinar Technologies Inc., and Sonics & Materials Inc., among others.
An Executive Summary for this report and free sample pages from the full document are available at http://www.giiresearch.com/report/go138718-welding-machinery.html
The global market for Packaging Machinery is projected to reach $52.9 billion by the year 2018. Despite the tight grip of worldwide economic uncertainty on the broader packaging industry, the high-performance Packaging Machinery market continues to flourish, driven by the need for convenient, innovative, and smart packaging solutions. Major growth is likely to stem from lucrative end-use industries such as food & beverage, pharmaceuticals, personal care products, printers, converters, and others.
Increasing production capacity and robust growth from developing BRIC economies of China, India, Brazil, and Russia will fuel rapid demand in the future. Undeterred by the recent economic recession, the Asian market is projected to post an impressive CAGR of about 9.7% through 2018. Market liberalization, cheap production costs, favorable investment policies/taxation regimes, and huge untapped markets are luring many overseas companies to set up base in Asia-Pacific, further enriching growth possibilities.
Key product segments analyzed in this report include Aseptic Packaging Machinery, Blister Packaging Machinery, Bottles Cleaning/Drying Machinery, Bottling and Canning Machinery, Cartoning/Case Forming Machinery, Coding/Marking/Labeling Machinery, Flexible Packaging Machinery (Form-Fill-Seal Machinery & Pouching Machinery), Laminating/Delaminating Machinery, Palletizing Machinery, PET Packaging Machinery, Testing/Inspecting/Detecting Machinery, Thermo Forming Machinery, Vacuum Packaging Machinery, Wrapping Machinery (Bundling/Strapping/Lacing Machinery, Individual Wrapping Machinery, Over-Wrapping Machinery, Shrink Wrapping Machinery, Stretch Wrapping Machinery & Twist Wrapping Machinery), Miscellaneous Packaging Machinery, and Packaging Machinery Accessories and Parts.
An Executive Summary for this report and free sample pages from the full document are available at http://www.giiresearch.com/report/go124535-packaging-machinery.html
Material Handling Equipment
The global market for Material Handling Equipment is projected to exceed $122 billion by 2018, driven by increasing demand in developing markets. Growth is likely to be fueled by the move towards automation of production processes in key end-use sectors, which not only will help modernization of production operations but also contribute profoundly to market growth.
The material handling industry is presently witnessing a key trend of building smaller, yet smarter, material handling equipment. Electronic intelligence is being incorporated into material handling equipment, with features such as upgraded software, distributed control functions, touch screen interfaces, and other such features. Considered completely an in-house operation in the past, Third Party Logistic (3PL) providers are now carrying out material handling operations. An increase in cross-company collaborations is observed due to concurrent movement of information and goods and integrated supply chains.
An Executive Summary for this report and free sample pages from the full document are available at http://www.giiresearch.com/report/go138618-material-handling.html
About Global Information Inc. Global Information (GII) (http://www.giiresearch.com) is an information service company partnering with over 300 research companies around the world. Global Information has been in the business of distributing technical and market research for more than 25 years. Expanded from its original headquarters in Japan, Global Information now has offices in Korea, Taiwan, Singapore, Europe and the United States.
Media Contact: Jeremy Palaia Global Information, Inc., 1-860-674-8796, Press@gii.co.jp
News distributed by PR Newswire iReach: https://ireach.prnewswire.com
SOURCE Global Information Inc.
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