Global Weld Inspection Equipment Market

Weld Inspection Equipment Comprehensive Study by Type (Radiography Testing, Ultrasonic Testing, Eddy Current Testing, Others), Application (Oil and Gas, Industrial, Aerospace, Automotive, Building & Construction, Energy, Marine, Others), By Equipment Outlook (Automatic, Semi-Automatic, Manual)

Weld Inspection Equipment Market by XX Submarkets | Forecast Years 2022-2027  

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  • Summary
  • Market Segments
  • Table of Content
  • List of Table & Figures
  • Players Profiled
Global Weld Inspection Equipment Market Overview:
Welding is perhaps the most consistently utilized technique for joining polymers and metals. The strategy is intricate to where undeniably the idea of the weld can be affected by various system factors. Thus, weld inspection equipment is needed to perceive and find the particular distortions in the weld and improve quality control. Numerous aspects of a weld can be assessed with the assistance of proficient welding inspection equipment. Just the information on weld drawings, welding images, welding techniques, weld joint position and plan, and standard and code prerequisites is needed with respect to the welding assessor. One of the essential elements of an effective weld inspection framework is the foundation and control of a proficient weld inspection program. Therefore, weld inspection equipment is useful to improve safety, quality, and productivity across industries

Growth Drivers
  • Rising industrial automation in power plants, aerospace industry, boiler manufacturing, and shipbuilding industry
  • Rising disposable income in the industrial sector

Roadblocks
  • Higher electricity outages demand of the weld inspection equipment
  • The high initial cost of installation of weld inspection equipment

Opportunities
  • Development of new technological advancements in the equipment
  • Development of manufacturing, aerospace, automotive, and industrial infrastructure in emerging countries

Challenges
  • The constant need for maintenance and repair of weld inspection equipment to ensure efficient operations
  • The increasing challenge of finding qualified manual weld inspection personnel


Competitive Landscape:
Companies all across the industries facing the challenge of skilled personnel to work with quality and this increases the demand for automated frameworks. The leading companies in this market understanding the flow, trying to develop the technology which provides qualitative work to the user. Also, companies are applying other strategies to overcome this situation.
Some of the key players profiled in the report are ACRO Automation Systems Inc. (United States), Air Liquide (France), ARCON Welding Equipment (India), Banner Welding Inc (United States), voestalpine Böhler Welding GmbH (Germany), Carl Cloos Schweisstechnik GmbH (Germany), Daihen Corporation (Japan), Illinois Tool Works Inc. (United States), Panasonic Industry Europe GmbH (Germany) and Haumiller Engineering (United States). Additionally, following companies can also be profiled that are part of our coverage like Sonatest Ltd. (United Kingdom), Zetec Inc. (United States), SERVO-ROBOT INC. (Canada) and Qs Metrology Private Limited (India). Analyst at AMA Research see United States Manufacturers to retain maximum share of Global Weld Inspection Equipment market by 2026. Considering Market by By Equipment Outlook, the sub-segment i.e. Automatic will boost the Weld Inspection Equipment market.

In September 2020, The CLOOS and MPA Technology offer the Cobot Welding System into the world of automated welding. Across all industries, companies face the increasing challenge of finding skilled workers, and increasing labor expenses make this even more difficult and the demands on quality, flexibility, and efficiency are growing continuously. This Cobot Welding System allows users to weld even in small batch sizes economically and with consistently high quality. The high-tech MIG/MAG welding power source and the very precise Cobot complement each other perfectly.

What Can be Explored with the Weld Inspection Equipment Market Study
 Gain Market Understanding
 Identify Growth Opportunities
 Analyze and Measure the Global Weld Inspection Equipment Market by Identifying Investment across various Industry Verticals
 Understand the Trends that will drive Future Changes in Weld Inspection Equipment
 Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals

Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Weld Inspection Equipment market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Weld Inspection Equipment market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Industrial Associations, Manufacturing & Equipment Sector, Government Regulatory Authorities, Government Research Institutions and Automobile Sector.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.

Report Objectives / Segmentation Covered

By Type
  • Radiography Testing
  • Ultrasonic Testing
  • Eddy Current Testing
  • Others
By Application
  • Oil and Gas
  • Industrial
  • Aerospace
  • Automotive
  • Building & Construction
  • Energy
  • Marine
  • Others
By By Equipment Outlook
  • Automatic
  • Semi-Automatic
  • Manual

By Regions
    • 1. Market Overview
      • 1.1. Introduction
      • 1.2. Scope/Objective of the Study
        • 1.2.1. Research Objective
    • 2. Executive Summary
      • 2.1. Introduction
    • 3. Market Dynamics
      • 3.1. Introduction
      • 3.2. Market Drivers
        • 3.2.1. Rising industrial automation in power plants, aerospace industry, boiler manufacturing, and shipbuilding industry
        • 3.2.2. Rising disposable income in the industrial sector
      • 3.3. Market Challenges
        • 3.3.1. The constant need for maintenance and repair of weld inspection equipment to ensure efficient operations
        • 3.3.2. The increasing challenge of finding qualified manual weld inspection personnel
      • 3.4. Market Trends
        • 3.4.1. Increase in demand for the motorized weld inspection equipment
        • 3.4.2. High presence of local weld inspection equipment providers
    • 4. Market Factor Analysis
      • 4.1. Porters Five Forces
      • 4.2. Supply/Value Chain
      • 4.3. PESTEL analysis
      • 4.4. Market Entropy
      • 4.5. Patent/Trademark Analysis
    • 5. Global Weld Inspection Equipment, by Type, Application and By Equipment Outlook (value and price ) (2015-2020)
      • 5.1. Introduction
      • 5.2. Global Weld Inspection Equipment (Value)
        • 5.2.1. Global Weld Inspection Equipment by: Type (Value)
          • 5.2.1.1. Radiography Testing
          • 5.2.1.2. Ultrasonic Testing
          • 5.2.1.3. Eddy Current Testing
          • 5.2.1.4. Others
        • 5.2.2. Global Weld Inspection Equipment by: Application (Value)
          • 5.2.2.1. Oil and Gas
          • 5.2.2.2. Industrial
          • 5.2.2.3. Aerospace
          • 5.2.2.4. Automotive
          • 5.2.2.5. Building & Construction
          • 5.2.2.6. Energy
          • 5.2.2.7. Marine
          • 5.2.2.8. Others
        • 5.2.3. Global Weld Inspection Equipment by: By Equipment Outlook (Value)
          • 5.2.3.1. Automatic
          • 5.2.3.2. Semi-Automatic
          • 5.2.3.3. Manual
      • 5.3. Global Weld Inspection Equipment (Price)
        • 5.3.1. Global Weld Inspection Equipment by: Type (Price)
    • 6. Weld Inspection Equipment: Manufacturers/Players Analysis
      • 6.1. Competitive Landscape
        • 6.1.1. Market Share Analysis
          • 6.1.1.1. Top 3
          • 6.1.1.2. Top 5
      • 6.2. Peer Group Analysis (2020)
      • 6.3. BCG Matrix
      • 6.4. Company Profile
        • 6.4.1. ACRO Automation Systems Inc. (United States)
          • 6.4.1.1. Business Overview
          • 6.4.1.2. Products/Services Offerings
          • 6.4.1.3. Financial Analysis
          • 6.4.1.4. SWOT Analysis
        • 6.4.2. Air Liquide (France)
          • 6.4.2.1. Business Overview
          • 6.4.2.2. Products/Services Offerings
          • 6.4.2.3. Financial Analysis
          • 6.4.2.4. SWOT Analysis
        • 6.4.3. ARCON Welding Equipment (India)
          • 6.4.3.1. Business Overview
          • 6.4.3.2. Products/Services Offerings
          • 6.4.3.3. Financial Analysis
          • 6.4.3.4. SWOT Analysis
        • 6.4.4. Banner Welding Inc (United States)
          • 6.4.4.1. Business Overview
          • 6.4.4.2. Products/Services Offerings
          • 6.4.4.3. Financial Analysis
          • 6.4.4.4. SWOT Analysis
        • 6.4.5. Voestalpine Böhler Welding GmbH (Germany)
          • 6.4.5.1. Business Overview
          • 6.4.5.2. Products/Services Offerings
          • 6.4.5.3. Financial Analysis
          • 6.4.5.4. SWOT Analysis
        • 6.4.6. Carl Cloos Schweisstechnik GmbH (Germany)
          • 6.4.6.1. Business Overview
          • 6.4.6.2. Products/Services Offerings
          • 6.4.6.3. Financial Analysis
          • 6.4.6.4. SWOT Analysis
        • 6.4.7. Daihen Corporation (Japan)
          • 6.4.7.1. Business Overview
          • 6.4.7.2. Products/Services Offerings
          • 6.4.7.3. Financial Analysis
          • 6.4.7.4. SWOT Analysis
        • 6.4.8. Illinois Tool Works Inc. (United States)
          • 6.4.8.1. Business Overview
          • 6.4.8.2. Products/Services Offerings
          • 6.4.8.3. Financial Analysis
          • 6.4.8.4. SWOT Analysis
        • 6.4.9. Panasonic Industry Europe GmbH (Germany)
          • 6.4.9.1. Business Overview
          • 6.4.9.2. Products/Services Offerings
          • 6.4.9.3. Financial Analysis
          • 6.4.9.4. SWOT Analysis
        • 6.4.10. Haumiller Engineering (United States)
          • 6.4.10.1. Business Overview
          • 6.4.10.2. Products/Services Offerings
          • 6.4.10.3. Financial Analysis
          • 6.4.10.4. SWOT Analysis
    • 7. Global Weld Inspection Equipment Sale, by Type, Application and By Equipment Outlook (value and price ) (2021-2026)
      • 7.1. Introduction
      • 7.2. Global Weld Inspection Equipment (Value)
        • 7.2.1. Global Weld Inspection Equipment by: Type (Value)
          • 7.2.1.1. Radiography Testing
          • 7.2.1.2. Ultrasonic Testing
          • 7.2.1.3. Eddy Current Testing
          • 7.2.1.4. Others
        • 7.2.2. Global Weld Inspection Equipment by: Application (Value)
          • 7.2.2.1. Oil and Gas
          • 7.2.2.2. Industrial
          • 7.2.2.3. Aerospace
          • 7.2.2.4. Automotive
          • 7.2.2.5. Building & Construction
          • 7.2.2.6. Energy
          • 7.2.2.7. Marine
          • 7.2.2.8. Others
        • 7.2.3. Global Weld Inspection Equipment by: By Equipment Outlook (Value)
          • 7.2.3.1. Automatic
          • 7.2.3.2. Semi-Automatic
          • 7.2.3.3. Manual
      • 7.3. Global Weld Inspection Equipment (Price)
        • 7.3.1. Global Weld Inspection Equipment by: Type (Price)
    • 8. Appendix
      • 8.1. Acronyms
    • 9. Methodology and Data Source
      • 9.1. Methodology/Research Approach
        • 9.1.1. Research Programs/Design
        • 9.1.2. Market Size Estimation
        • 9.1.3. Market Breakdown and Data Triangulation
      • 9.2. Data Source
        • 9.2.1. Secondary Sources
        • 9.2.2. Primary Sources
      • 9.3. Disclaimer
    List of Tables
    • Table 1. Weld Inspection Equipment: by Type(USD Million)
    • Table 2. Weld Inspection Equipment: by Application(USD Million)
    • Table 3. Weld Inspection Equipment: by By Equipment Outlook(USD Million)
    • Table 4. Weld Inspection Equipment: by Type(USD/Units)
    • Table 5. Company Basic Information, Sales Area and Its Competitors
    • Table 6. Company Basic Information, Sales Area and Its Competitors
    • Table 7. Company Basic Information, Sales Area and Its Competitors
    • Table 8. Company Basic Information, Sales Area and Its Competitors
    • Table 9. Company Basic Information, Sales Area and Its Competitors
    • Table 10. Company Basic Information, Sales Area and Its Competitors
    • Table 11. Company Basic Information, Sales Area and Its Competitors
    • Table 12. Company Basic Information, Sales Area and Its Competitors
    • Table 13. Company Basic Information, Sales Area and Its Competitors
    • Table 14. Company Basic Information, Sales Area and Its Competitors
    • Table 15. Weld Inspection Equipment: by Type(USD Million)
    • Table 16. Weld Inspection Equipment: by Application(USD Million)
    • Table 17. Weld Inspection Equipment: by By Equipment Outlook(USD Million)
    • Table 18. Weld Inspection Equipment: by Type(USD/Units)
    • Table 19. Research Programs/Design for This Report
    • Table 20. Key Data Information from Secondary Sources
    • Table 21. Key Data Information from Primary Sources
    List of Figures
    • Figure 1. Porters Five Forces
    • Figure 2. Supply/Value Chain
    • Figure 3. PESTEL analysis
    • Figure 4. Global Weld Inspection Equipment: by Type USD Million (2015-2020)
    • Figure 5. Global Weld Inspection Equipment: by Application USD Million (2015-2020)
    • Figure 6. Global Weld Inspection Equipment: by By Equipment Outlook USD Million (2015-2020)
    • Figure 7. Global Weld Inspection Equipment: by Type USD/Units (2015-2020)
    • Figure 8. Global Weld Inspection Equipment share by Players 2020 (%)
    • Figure 9. Global Weld Inspection Equipment share by Players (Top 3) 2020(%)
    • Figure 10. Global Weld Inspection Equipment share by Players (Top 5) 2020(%)
    • Figure 11. BCG Matrix for key Companies
    • Figure 12. ACRO Automation Systems Inc. (United States) Revenue, Net Income and Gross profit
    • Figure 13. ACRO Automation Systems Inc. (United States) Revenue: by Geography 2020
    • Figure 14. Air Liquide (France) Revenue, Net Income and Gross profit
    • Figure 15. Air Liquide (France) Revenue: by Geography 2020
    • Figure 16. ARCON Welding Equipment (India) Revenue, Net Income and Gross profit
    • Figure 17. ARCON Welding Equipment (India) Revenue: by Geography 2020
    • Figure 18. Banner Welding Inc (United States) Revenue, Net Income and Gross profit
    • Figure 19. Banner Welding Inc (United States) Revenue: by Geography 2020
    • Figure 20. Voestalpine Böhler Welding GmbH (Germany) Revenue, Net Income and Gross profit
    • Figure 21. Voestalpine Böhler Welding GmbH (Germany) Revenue: by Geography 2020
    • Figure 22. Carl Cloos Schweisstechnik GmbH (Germany) Revenue, Net Income and Gross profit
    • Figure 23. Carl Cloos Schweisstechnik GmbH (Germany) Revenue: by Geography 2020
    • Figure 24. Daihen Corporation (Japan) Revenue, Net Income and Gross profit
    • Figure 25. Daihen Corporation (Japan) Revenue: by Geography 2020
    • Figure 26. Illinois Tool Works Inc. (United States) Revenue, Net Income and Gross profit
    • Figure 27. Illinois Tool Works Inc. (United States) Revenue: by Geography 2020
    • Figure 28. Panasonic Industry Europe GmbH (Germany) Revenue, Net Income and Gross profit
    • Figure 29. Panasonic Industry Europe GmbH (Germany) Revenue: by Geography 2020
    • Figure 30. Haumiller Engineering (United States) Revenue, Net Income and Gross profit
    • Figure 31. Haumiller Engineering (United States) Revenue: by Geography 2020
    • Figure 32. Global Weld Inspection Equipment: by Type USD Million (2021-2026)
    • Figure 33. Global Weld Inspection Equipment: by Application USD Million (2021-2026)
    • Figure 34. Global Weld Inspection Equipment: by By Equipment Outlook USD Million (2021-2026)
    • Figure 35. Global Weld Inspection Equipment: by Type USD/Units (2021-2026)
    List of companies from research coverage that are profiled in the study
    • ACRO Automation Systems Inc. (United States)
    • Air Liquide (France)
    • ARCON Welding Equipment (India)
    • Banner Welding Inc (United States)
    • voestalpine Böhler Welding GmbH (Germany)
    • Carl Cloos Schweisstechnik GmbH (Germany)
    • Daihen Corporation (Japan)
    • Illinois Tool Works Inc. (United States)
    • Panasonic Industry Europe GmbH (Germany)
    • Haumiller Engineering (United States)
    Additional players considered in the study are as follows:
    Sonatest Ltd. (United Kingdom) , Zetec Inc. (United States) , SERVO-ROBOT INC. (Canada) , Qs Metrology Private Limited (India)
    Select User Access Type

    Key Highlights of Report


    Aug 2021 210 Pages 77 Tables Base Year: 2021 Coverage: 15+ Companies; 18 Countries

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    Frequently Asked Questions (FAQ):

    The Weld Inspection Equipment market is expected to see a CAGR of % during projected year 2020 to 2026.
    Top performing companies in the Global Weld Inspection Equipment market are ACRO Automation Systems Inc. (United States), Air Liquide (France), ARCON Welding Equipment (India), Banner Welding Inc (United States), voestalpine Böhler Welding GmbH (Germany), Carl Cloos Schweisstechnik GmbH (Germany), Daihen Corporation (Japan), Illinois Tool Works Inc. (United States), Panasonic Industry Europe GmbH (Germany) and Haumiller Engineering (United States), to name a few.
    "Increase in demand for the motorized weld inspection equipment " is seen as one of major influencing trends for Weld Inspection Equipment Market during projected period 2020-2026.

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