Frost & Sullivan's On-Demand Analyst Briefing: Does Submerged Arc Welding Address Today's Challenges in Welding?

Informations

• Publié par: frost-sullivan
• Nombre de lectures: 3
• Langue: English

Extrait

Frost & Sullivan's On-Demand Analyst Briefing:

Does Submerged Arc Welding Address Today's

Challenges in Welding?

PR Newswire

LONDON, June 1, 2012

- What does the future hold for the global submerged arc welding

market in the current economic scenario?

LONDON

,

June 1, 2012

/PRNewswire/ -- The world is changing toward a market

for productivity benefits highly dependent on technology, which will drive

automation in the future. This invariably leads to a large demand for

submerged arc welding (SAW) equipment and consumables.

The need for automation is materializing the demand for customized welding

solutions that have brought about the emergence of innovative technologies,

which is expected to be the primary growth driving factor in the future.

Regional customization of products according to price and application suitability

also helps broaden its scope of application and demand.

Standard automation SAW equipment had a higher market share in 2011.

However, the demand for engineered automation SAW equipment is expected

to increase in the future. Though the shift toward alloyed SAW consumables is

expected to be slow, increasing awareness and training programs, acceptance

among global manufacturers and usage in the energy, defense and

construction industries are expected to drive its demand in the long term.

Budget cuts on welding are however expected to limit the growth of the global

SAW market, pushing its pre-recession level rebounds till the end of 2016.

Highlights of the briefing included the analysis of drivers and restraints,

technology trends and regional trends across the global submerged arc welding

equipment and consumables market across seven major end-user segments.

This briefing benefited submerged arc welding equipment and consumables

manufacturers, integrators and distributors by discussing emerging trends and

provides a holistic view on the global submerged arc welding market across

different end-user industries.

Supporting quote

"Innovation, Ergonomics, Education, Productivity and Trust are the expected to

be the five keys to success in the global submerged arc welding equipment and

consumables market," observes Ruth Sudhakar, Research Analyst, Industrial

Automation and Process Control, Frost & Sullivan. These factors fuel the

rebound of the market to pre-recession levels by the end of 2016. "The advent

of innovation and training on submerged arc welding makes the future of

welding, safe and secure," concludes Sudhakar.

Supporting Resources

For more information on Frost & Sullivan's Industrial Automation and Process

Control practice, please visit: http://www.frost.com/prod/servlet/svcg.pag/IP00

Recordings

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