Table of Contents PART 01: Executive summary PART 02: Scope of the report PART 03: Research Methodology PART 04: Introduction • Key market highlights PART 05: Market landscape • Market size and forecast • Five forces analysis PART 06: Market segmentation by end-user • Market overview • Automotive • Construction • Aerospace • Marine PART 07: Geographical segmentation • Market overview • APAC • Americas • EMEA PART 08: Market drivers • Positive outlook of global construction industry • Growing demand from wind energy industry • Competitive landscape driving new technologies PART 09: Impact of drivers PART 10: Market challenges • Emergence of friction stir welding technology in the automotive industry • Shrinking skilled workforce in major steel consuming countries like India and US • Quality of welded products • Introduction of new welding technology involves greater R&D expenses PART 11: Impact of drivers and challenges PART 12: Market trends • Addressing the issue of growing skill gap • Advent of new materials • Emergence of laser welding equipment PART 13: Vendor landscape • Competitive scenario • Risks faced by vendors in the overall welding equipment and consumables market • Other prominent vendors PART 14: Key vendor analysis • Colfax • Hyundai Welding • ITW • Lincoln Electric PART 15: Appendix • List of abbreviations PART 16: Explore Technavio List of Exhibits Exhibit 01: Typical welding consumables applications Exhibit 02: Classification of welding processes Exhibit 03: Market dynamics of global welding consumables market 2016-2021 ($ billions) Exhibit 04: Global welding equipment market 2016-2021 ($ billions) Exhibit 05: Impact of global welding equipment market on global friction stir welding equipment market Exhibit 06: Five forces analysis Exhibit 07: Global welding consumables market: End-user segmentation 2016 and 2021 Exhibit 08: Global welding consumables market: Automotive industry 2016-2021 ($ billions) Exhibit 09: Global vehicle sales by vehicle types 2015 Exhibit 10: Region-wise performance outlook for automotive industry 2015-2021 Exhibit 11: Global welding consumables market: Construction industry 2016-2021 ($ billions) Exhibit 12: Average construction spending by country in APAC 2015 (%) Exhibit 13: Global welding consumables market: Aerospace industry 2016-2021 ($ billions) Exhibit 14: Compounded annual growth rate of specific air routes 2015-2035 Exhibit 15: New aircraft demand by region by 2034 Exhibit 16: New aircraft production by type by 2034 (number of aircraft) Exhibit 17: Global welding equipment market: Shipbuilding industry 2016-2021 ($ billions) Exhibit 18: New shipbuilding orders worldwide 2013-2014 (%) Exhibit 19: Global welding consumables market: Geographic segmentation 2016 and 2021 Exhibit 20: Welding consumables market in APAC 2016-2021 ($ billions) Exhibit 21: Total car sales in India August 2014 to August 2015 (units) Exhibit 22: Expected share of transport infrastructure investments in Asia till 2025 (%) Exhibit 23: Welding consumables market in Americas 2016-2021 ($ billions) Exhibit 24: Welding consumables market in EMEA 2016-2021 ($ billions) Exhibit 25: Various structural steel grades used for construction Exhibit 26: Use of steel in building construction Exhibit 27: Use of steel in infrastructure construction Exhibit 28: Trends that will impact the construction industry Exhibit 29: Component categories Exhibit 30: Global cumulative and annual installed capacity 2014-2019 (GW) Exhibit 31: Annual installed capacity by region 2014-2019 (GW) Exhibit 32: Key technologies Exhibit 33: Impact of drivers Exhibit 34: Friction stir welding: Process overview Exhibit 35: Friction stir welding applications in various car models Exhibit 36: Terms of conformity in welding as per ISO 9000:2005 Exhibit 37: ISO 3834 standard: Quality requirements for fusion welding of metallic materials Exhibit 38: Impact of drivers and challenges Exhibit 39: Use of new materials for welding in various industries Exhibit 40: New welding process and equipment Exhibit 41: Growth aspects: Global laser welding equipment market Exhibit 42: Laser welding equipment market: Segmentation Exhibit 43: Key vendors Exhibit 44: Major risks faced by market vendors

Colfax, Hyundai Welding, ITW, Lincoln Electric, Air Liquide, Arcon Welding Equipment, EWM, Eutectic, Denyo, Fronius International, Hyundai Welding, Hilarius Haarlem, Kemppi, Kjellberg Finsterwalde Elektroden und Zusatzwerkstoffe, Linde, Obara, Panasonic, Sandvik Materials Technology, Tianjin Bridge Welding Materials, Voestalpine, VDM Metals.