March 02, 2023 04:03 ET | Source: Research and Markets Research and Markets
Dublin, March 02, 2023 (GLOBE NEWSWIRE) -- The "Welding Machinery: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The global market for Welding Machinery estimated at US$13 Billion in the year 2022, is projected to reach a revised size of US$22.8 Billion by 2030, growing at a CAGR of 7.3% over the analysis period 2022-2030. Autonomous Mobile Robots
Arc Welding, one of the segments analyzed in the report, is projected to record a 8.3% CAGR and reach US$9.1 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Oxy-Fuel Welding segment is readjusted to a revised 6.5% CAGR for the next 8-year period. The U.S. Market is Estimated at $3.2 Billion, While China is Forecast to Grow at 9.6% CAGR The Welding Machinery market in the U.S. is estimated at US$3.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.8 Billion by the year 2030 trailing a CAGR of 9.6% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.9% and 6.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.8% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$3.6 Billion by the year 2030. Select Competitors (Total 382 Featured) -
Key Topics Covered: I. METHODOLOGY II. EXECUTIVE SUMMARY 1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS 3. MARKET TRENDS & DRIVERS
III. MARKET ANALYSIS IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/phfwlv
Robotics In Pharmaceutical Industry About ResearchAndMarkets.com ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.