Burning Bright: Oxy
The global oxy-fuel welding equipment market is expected to grow at a moderate 6.4% CAGR, with a revenue share of US$ 1474.6 million in 2022, rising to US$ 2734.5 million by 2032.The oxy-fuel welding process uses a compressed mixture of high energy density fuel and oxygen to generate a flame capable of raising the temperature of the material to be welded.
Oxy-fuel welding encompasses three welding processes: oxyacetylene welding, oxyhydrogen welding, pressure gas welding, and air acetylene welding. Among these four welding processes, oxyacetylene welding is the most widely used for welding, accounting for more than 80% of the market.
The equipment required to spread the welding technique is made up of simple components such as gas cylinders, flow regulators, mixing chambers, conveyance tubes and nozzles. Manufacturers of such equipment are currently more focused on producing individual parts rather than standalone systems due to lower costs and ease of assembly. The oxy-fuel welding procedure is extensively used in applications where electrical power is scarce, and the welding process can be performed with or without the use of filler material.
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Regional Outlook
The oxy-fuel welding equipment market can be related to the performance of the end use industry in each of the seven geographical locations across the globe. The North American market is anticipated to hold a healthy potential for the growth of the market owing to increase in fabrication and repair activities across the region especially in the U.S. The presence of large number of retailers and specialist sellers of oxy-fuel welding equipment is expected to aid in the growth of the market even further. The market in the Asia Pacific region also holds high potential to improve further in the future owing to large presence of small scale welding workshops that rely on cheaper welding options, particularly in China, ASEAN and India.
Here are some potential key takeaways for the oxy-fuel welding equipment market:
Market Participants
Examples of some of the major players in the Global Oxy-fuel Welding Equipment market, identified across the value chain include:
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
Oxy-fuel Welding Equipment Market Dynamics
Though oxy-fuel welding technique has limited application in industrial scale operation, its utilization in repair and fabrication industry is the most prominent. Small scale repair shops run by a single or few welders typically adopt oxy-fuel welding technique due to lower investment costs and ability to weld large variety of materials has increased its popularity hence biding well for the growth of the oxy-fuel welding equipment market. Oxy-fuel welding technique is the least complex among all the welding techniques requiring minimum set up operation.
This technique requires the assembly of simple devices such as fuel tank, torch, mixing chambers among others hence, in-depth know how of such techniques is not necessary making it practically useful for people who are new to welding. The non-requirement of electricity in order to initiate the welding process is another factor helping in driving the oxy-fuel welding equipment market even further.
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Key segments
By Process type:
By End Use Industry:
By Region:
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oxy-fuel welding equipment market Request a Sample Copy of this Report @ Regional Outlook Here are some potential key takeaways for the oxy-fuel welding equipment market: Market Participants Oxy-fuel Welding Equipment Market Dynamics Customization Before Buying, Visit @ Key segments By Process type: By End Use Industry: By Region: About Us Contact: