Pune, June 24, 2019 (GLOBE NEWSWIRE) -- Engine driven welder generators consume lesser fuel, which is one of the chief factors driving the global engine driven welders (generators) for heavy industrial applications market. Fortune Business Insights in a new study, titled Engine Driven Welders (Generators) Market for Heavy Industrial Applications: Global Market Analysis, Insights and Forecast, 2019-2026” predicts that the demand for engine driven welders is increasing on account of rising foreign direct investments (FDI). Companies are able to expand their businesses with the help of foreign investments. As per the report, the global market is anticipated to rise at a CAGR of 4.28% during the forecast period. Considering this, the global market was valued at US$ 1,010.6 Mn in 2018 and is estimated to reach US$ 1,402.4 Mn by 2026.   

Companies Invest in Advancement of Products to Gain an Edge Over Competition

The global engine driven welder market appears to be competitive with the presence of leading players. Some of the major players functioning in the global engine driven welder market are The Lincoln Electric Company, Shindaiwa, MOSA, Denyo Co Ltd., Cruxweld Industrial Equipment Ltd., ESAB, and Miller Electric Mfg. LLC. Companies are planning to focus on improvements in engine driven welders to introduce advanced welding machines. With the help of new trends, several companies are likely to bring changes in engine driven generators to better their market position.

Sample Pages https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/engine-driven-welders-market-100453

In the report, companies are focusing on their regional expansion and product portfolio to stay ahead of the competition. In addition to this, companies are planning to adopt strategies in order to expand and grow in the global market. Also, players are focusing on the welding-based generator machine to offer power backup as well as welding operation.

Growing Demand from Consumers to Bode Well for the Market

Engine driven welders help to reduce operational costs and improve overall productivity. They also help in the effective reduction of fuel consumption. Technological advancements such as the introduction of wireless remote technology are expected to fuel demand for engine powered welding machines. Furthermore, technological improvements in engine driven welders are likely to introduce portable engine-driven welding machines in the coming years.

Government-backed investments and initiatives are encouraging growth in the market. This, as a result, is expected to fuel demand for welding machines in different sectors such as welding machines for automotive, mining, and construction. More to this, governments across the world are planning to upgrade or transform the existing infrastructure, which in turn, is expected to drive the market by 2026.

North America Sees High Adoption of Engine Powered Welding Machines

From a geographical standpoint, North America is anticipated to maintain its dominance in the global engine driven welder machine market. In 2018, the market in North America was valued at US$ 348.1 Mn and will continue to remain strong throughout the forecast years. Increasing adoption of advanced mechanized processes leads to a reduction in labor cost. It also speeds up the work of operators and ensures better efficiency. This, coupled with the rising adoption of engine driven welding machines in North America, is projected to create growth opportunities for the market in the forecast years.

Besides North America, the market in the Asia Pacific is likely to grow at a considerable rate over the next few years. Renovation of old technology and increasing expenditures on construction fields are driving the market in this region. Governments are offering immense support in terms of infrastructural development in the Asia Pacific, which is further enabling growth in the market. Moreover, the market in this region was worth US$ 283.6 Mn in the year 2018.

Speak to Analyst: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/engine-driven-welders-market-100453

Key companies covered in the report

  • The Lincoln Electric Company
  • ESAB
  • MOSA
  • Miller Electric Mfg. LLC
  • Denyo Co Ltd.
  • Shindaiwa
  • Cruxweld Industrial Equipment Ltd.

Browse Complete Report Details Enabled with Complete Tables and Figures:
https://www.fortunebusinessinsights.com/industry-reports/engine-driven-welders-market-100453

Table of Content:

  • Market Dynamics                                
    • Drivers, Restraints and Opportunities                                            
    • Emerging Trends of Market                     "
                
  • Key Insights                                           
    • Macro and Micro Economic Factors                                
    • Key Technological Trends and Developments                                           
        
  • Global Engine Driven Welder Machines Market Analysis, Insights and Forecast, 2015-2026                                  
    • Key Findings / Summary                          
                  
    • Market Analysis, Insights and Forecast – By Welding Current (US$ Mn)                                           
      • Less than 300 Amp                                             
      • 300 – 500 Amp                                    
      • 500 Amp and above           
                                       
    • Market Analysis, Insights and Forecast – By Engine Brand (US$ Mn)                                 
      • Kubota                                    
      • Kohler                                     
      • Perkins.                                  
      • Yanmar Co., Ltd.                                  
      • Deutz AG                                
      • Others (Cummins, CAT,Mitsubishi, etc.)      
                                     
    • Market Analysis, Insights and Forecast – By End Use Application (US$ Mn)                                    
      • Mining                                     
      • Pipeline                                  
      • Construction                                         
      • Others      

    • Market Analysis, Insights and Forecast – By Geography (US$ Mn)
      • North America                                     
      • Europe                                    
      • Asia Pacific                                             
      • Middle East and Africa   
      • Latin America                                                   

               

Request for Customization: https://www.fortunebusinessinsights.com/enquiry/customization/engine-driven-welders-market-100453


Browse Related Reports:

  • Forestry Equipment Market Size, Share and Global Trend By Equipment Type(Felling Equipment, Extracting Equipment, On-Site Processing Equipment, and others), and Geography Forecast till 2026
  • Construction Equipment Market Size, Share and Global Trend By Equipment Type (Earthmoving Equipment, Material Handling Equipment & Cranes, Concrete Equipment, and others), By Application (Residential, Commercial, Industrial), and Geography Forecast till 2026


About us:


Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in. 

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data. 

At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact us:
Fortune Business Insights Pvt. Ltd. 
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
US :+1-424-253-0390
UK :+44-2071-939123
APAC :+91-744-740-1245
Email: sales@fortunebusinessinsights.com 
Website: https://www.fortunebusinessinsights.com

Market Analysis

Attachment