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(Transportation-News.com, August 02, 2024 ) Maximize Market Research has published a report on Welding Torch Market, which provides a detailed overview of the Welding Torch Market, highlighting key dynamics, regional insights, and strategic objectives essential for stakeholders and decision-makers in the industry. PORTER AND PESTEL analytical frameworks were utilized to identify strategic opportunities and to assess external and internal factors impacting the market, offering a futuristic view for decision makers. Asia-Pacific is expected to dominate the Welding Torch Market, holding the largest market share by 2030. Countries like China, Japan, and South Korea are leading in the automotive sector, influencing the demand for welding torches.
Increasing automation demand, adoption of robotic technology, end-user industry demand, technological integration, and online sales platforms are some of the market drivers. Skilled labor shortage and hazardous working conditions are some of the restraints on the market.
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Welding Torch Market Segmentation
by Product
MIG/MAG Welding Torch
TIG Welding Torch
Plasma Torch
by Cooling
Water Cooled
Air Cooled
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by Welding Operation
Manual
MIG/MAG Welding
TIG Welding
Plasma
Robotics
by End-Use Industry
Automotive and Transportation
General Fabrication
Shipyards and Offshore
Energy
Yellow Goods (Earth Moving Equipment, Fork Lifts, Agriculture Equipment)
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Welding Torch Market Key Players:
American Torch Tip
Arc Machines Inc.
GCE Group
Kobe Steel
NIMAK GmbH
OTC Daihen
Panasonic Welding Systems
Shenzhen Riland Industry
Senor Metals Pvt. Ltd.
Telwin
Maximize Market Research is leading Automation & Process Control research firm, has also published the following reports:
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Source: EmailWire.Com
Source: EmailWire.com
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