Summary
As the world continues to deal with COVID-19, economies are moving into recession, under multiple adverse factors, the GDP of European and American countries in the second quarter suffered a historical contraction. At an annualized rate, the US GDP fell by 32.9% month on month, while the overall GDP of the euro zone fell by 12.1%.
Moreover, the economic prospects of Europe and the United States in the third quarter under the epidemic situation are hardly optimistic. The resumption of work and production not only brought economic data back, but also triggered a rebound in the epidemic situation. At present, the United States is still the 'epicenter' of the global epidemic. The total number of confirmed cases has exceeded 4.8 million, and the epidemic situation in some European countries has also rebounded. Affected by this, more than 20 states in the United States have announced the suspension or withdrawal of part of the economic restart plan. Britain and Italy have also decided to extend the state of emergency. The rebound of the epidemic situation has posed considerable risks to the economic prospects of Europe and the United States.
In the second quarter of this year, US GDP shrank by 9.5% on a month on month basis, or 32.9% at an annual rate, the largest decline since the 1940s. Data show that the sharp decline in personal consumption is the main drag on the U.S. GDP growth in the second quarter.
Compared with the United States, Europe's economic contraction in the second quarter was smaller, but it was also the lowest on record, with Germany and France contracting more than 10%. According to the data released by the Federal Bureau of statistics, Germany's GDP fell by 10.1% in the second quarter after adjusting for prices, seasons and working days, the largest decline since the quarterly economic data were available in 1970.
Thanks to the effective control and policy support of the new epidemic, China's economy rebounded sharply in the second quarter. The growth rate of manufacturing industry, which accounted for about 28% of GDP, rebounded sharply to 4.4% from the negative value in the first quarter. Chinese original equipment manufacturers (OEMs) and suppliers are ramping up production. And there are increased investments in digital footprints in manufacturing. OEMs in other parts of the world are offering incentives to drive sales. XYZResearch published a report for global Welding Equipment & Consumables market in this environment.
In terms of revenue, this research report indicated that the global Welding Equipment & Consumables market was valued at USD XXX million in 2019, and it is expected to reach a value of USD XXX million by 2026, at a CAGR of XX % over the forecast period 2021-2026. Correspondingly, the forecast analysis of Welding Equipment & Consumables industry comprises of China, USA, Japan, India, Korea and South America, with the production and revenue data in each of the sub-segments.
The ???Panasonic Corporation aims at producing XX Welding Equipment & Consumables in 2020, with XX % production to take place in global market, ????Lincoln Electric accounts for a volume share of XX %.
Regional Segmentation (Value; Revenue, USD Million, 2015 - 2026) of Welding Equipment & Consumables Market by XYZResearch Include
China
EU
USA
Japan
India
Southeast Asia
South America
Competitive Analysis; Who are the Major Players in Welding Equipment & Consumables Market?
Panasonic Corporation
Lincoln Electric
Miller Electric
Air Liquide
Colfax
Arcon Welding
Doncasters Group, Ltd.
DAIHEN Corporation
ROFIN-SINAR Technologies, Inc.
ESAB Group
Fronius International GmbH
Kiswel Inc.
Senor Metals Private Limited
Miyachi America Corporation
Sonics & Materials, Inc.
Obara Corporation
Voestalpine AG
...
Major Type of Welding Equipment & Consumables Covered in XYZResearch report:
by Welding Equipment
Arc Welding
Resistant Welding
Oxy-Fuel Welding
Laser-Beam Welding
Application Segments Covered in XYZResearch Market
Automobile & Transportation
Building & Construction
Marine
Aerospace & Defense
Oil & Gas
Metal Working
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Welding Equipment & Consumables Market Analysis 2020, With Top Companies, Production, Revenue, Consumption, Price and Growth Rate
1 Market Scope
1.1 Product Details and Introduction
1.1.1 by Welding Equipment -Product Introduction and Major Manufacturers
1.1.2 Arc Welding -Product Introduction and Major Manufacturers
1.1.3 Resistant Welding -Product Introduction and Major Manufacturers
1.1.4 Oxy-Fuel Welding -Product Introduction and Major Manufacturers
1.1.5 Laser-Beam Welding -Product Introduction and Major Manufacturers
1.2 Market Snapshot
1.2.1 Major Companies Overview
1.2.2 Market Concentration
1.2.3 Six-Year Compound Annual Growth Rate (CAGR)
2 Global Welding Equipment & Consumables Market Assessment, by Segmentation
2.1 Type Breakdown Estimates & Forecast, Sales Volume (2015-2026)
2.2 Type Breakdown Estimates & Forecast, Sales Value (2015-2026)
2.3 Application Breakdown Estimates & Forecast, by Application (2015-2026)
3 Regional Market Analysis
3.1 China Welding Equipment & Consumables Market
3.1.1 Top Companies leading Welding Equipment & Consumables Development in China (2015-2020)
3.1.2 Sales Value of Major Company in China Market (2015-2020)
3.1.3 China Welding Equipment & Consumables Price (USD/Unit), by Type (2019-2020)
3.1.4 Sales in China Market, by Type (2015-2026)
3.2 EU Welding Equipment & Consumables Market
3.2.1 Top Companies leading Welding Equipment & Consumables Development in EU (2015-2020)
3.2.2 Sales Value of Major Company in EU Market (2015-2020)
3.2.3 EU Welding Equipment & Consumables Price (USD/Unit), by Type (2019-2020)
3.2.4 Sales in EU Market, by Type (2015-2026)
3.3 USA Welding Equipment & Consumables Market
3.3.1 Top Companies leading Welding Equipment & Consumables Development in USA (2015-2020)
3.3.2 Sales Value of Major Company in USA Market (2015-2020)
3.3.3 USA Welding Equipment & Consumables Price (USD/Unit), by Type (2019-2020)
3.3.4 Sales in USA Market, by Type (2015-2026)
3.4 Japan Welding Equipment & Consumables Market
3.4.1 Top Companies leading Welding Equipment & Consumables Development in Japan (2015-2020)
3.4.2 Sales Value of Major Company in Japan Market (2015-2020)
3.4.3 Japan Welding Equipment & Consumables Price (USD/Unit), by Type (2019-2020)
3.4.4 Sales in Japan Market, by Type (2015-2026)
3.5 India Welding Equipment & Consumables Market
3.5.1 Top Companies leading Welding Equipment & Consumables Development in India (2015-2020)
3.5.2 Sales Value of Major Company in India Market (2015-2020)
3.5.3 India Welding Equipment & Consumables Price (USD/Unit), by Type (2019-2020)
3.5.4 Sales in India Market, by Type (2015-2026)
3.6 Southeast Asia Welding Equipment & Consumables Market
3.6.1 Top Companies leading Welding Equipment & Consumables Development in Southeast Asia (2015-2020)
3.6.2 Sales Value of Major Company in Southeast Asia Market (2015-2020)
3.6.3 Southeast Asia Welding Equipment & Consumables Price (USD/Unit), by Type (2019-2020)
3.6.4 Sales in Southeast Asia Market, by Type (2015-2026)
3.7 South America Welding Equipment & Consumables Market
3.7.1 Top Companies leading Welding Equipment & Consumables Development in South America (2015-2020)
3.7.2 Sales Value of Major Company in South America Market (2015-2020)
3.7.3 South America Welding Equipment & Consumables Price (USD/Unit), by Type (2019-2020)
3.7.4 Sales in South America Market, by Type (2015-2026)
4 Value Chain (Impact of COVID-19)
4.1 Welding Equipment & Consumables Value Chain Analysis
4.1.1 Upstream
4.1.2 Downstream
4.2 COVID-19 Impact on Welding Equipment & Consumables Industry
4.2.1 Industrial Policy Issued Under the Epidemic Situation
4.3 Cost-Under the Epidemic Situation
4.3.1 Cost of Raw Material
4.4 Channel Analysis
4.4.1 Distribution Channel-Under the Epidemic Situation
4.4.2 Distributors
5 Regional Market Forecast (2021-2026)
5.1 Global Welding Equipment & Consumables Sales and Growth Rate (2021-2026)
5.2 Global Welding Equipment & Consumables Sales Value and Growth Rate (2021-2026)
6 Welding Equipment & Consumables Competitive Analysis
6.1 Panasonic Corporation
6.1.1 Panasonic Corporation Company Profiles
6.1.2 Panasonic Corporation Product Introduction
6.1.3 Panasonic Corporation Welding Equipment & Consumables Production, Revenue (2015-2020)
6.1.4 SWOT Analysis
6.2 Lincoln Electric
6.2.1 Lincoln Electric Company Profiles
6.2.2 Lincoln Electric Product Introduction
6.2.3 Lincoln Electric Welding Equipment & Consumables Production, Revenue (2015-2020)
6.2.4 SWOT Analysis
6.3 Miller Electric
6.3.1 Miller Electric Company Profiles
6.3.2 Miller Electric Product Introduction
6.3.3 Miller Electric Welding Equipment & Consumables Production, Revenue (2015-2020)
6.3.4 SWOT Analysis
6.4 Air Liquide
6.4.1 Air Liquide Company Profiles
6.4.2 Air Liquide Product Introduction
6.4.3 Air Liquide Welding Equipment & Consumables Production, Revenue (2015-2020)
6.4.4 SWOT Analysis
6.5 Colfax
6.5.1 Colfax Company Profiles
6.5.2 Colfax Product Introduction
6.5.3 Colfax Welding Equipment & Consumables Production, Revenue (2015-2020)
6.5.4 SWOT Analysis
6.6 Arcon Welding
6.6.1 Arcon Welding Company Profiles
6.6.2 Arcon Welding Product Introduction
6.6.3 Arcon Welding Welding Equipment & Consumables Production, Revenue (2015-2020)
6.6.4 SWOT Analysis
6.7 Doncasters Group, Ltd.
6.7.1 Doncasters Group, Ltd. Company Profiles
6.7.2 Doncasters Group, Ltd. Product Introduction
6.7.3 Doncasters Group, Ltd. Welding Equipment & Consumables Production, Revenue (2015-2020)
6.7.4 SWOT Analysis
6.8 DAIHEN Corporation
6.8.1 DAIHEN Corporation Company Profiles
6.8.2 DAIHEN Corporation Product Introduction
6.8.3 DAIHEN Corporation Welding Equipment & Consumables Production, Revenue (2015-2020)
6.8.4 SWOT Analysis
6.9 ROFIN-SINAR Technologies, Inc.
6.9.1 ROFIN-SINAR Technologies, Inc. Company Profiles
6.9.2 ROFIN-SINAR Technologies, Inc. Product Introduction
6.9.3 ROFIN-SINAR Technologies, Inc. Welding Equipment & Consumables Production, Revenue (2015-2020)
6.9.4 SWOT Analysis
6.10 ESAB Group
6.10.1 ESAB Group Company Profiles
6.10.2 ESAB Group Product Introduction
6.10.3 ESAB Group Welding Equipment & Consumables Production, Revenue (2015-2020)
6.10.4 SWOT Analysis
6.11 Fronius International GmbH
6.12 Kiswel Inc.
6.13 Senor Metals Private Limited
6.14 Miyachi America Corporation
6.15 Sonics & Materials, Inc.
6.16 Obara Corporation
6.17 Voestalpine AG
7 Conclusion
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