Welding Guns and Torches Market to Hit $2.08 Billion by 2028, Collaborative Innovation and R&D Propel Leading Companies in the Welding Industry - Arizton
Retrieved on:
Wednesday, November 8, 2023
CHICAGO, Nov. 8, 2023 /PRNewswire/ -- According to Arizton's latest research report, the welding guns and torches market is growing at a CAGR of 5.60% during 2022-2028.
Key Points:
- The increased manufacturing activities directly contribute to the demand for welding equipment, driving the growth of the welding guns and torches market.
- The growth of the automotive industry translates to a significant demand for welding guns and torches that are essential for ensuring the quality and safety of vehicles.
- The Middle East & Africa welding guns and torches market will reach $152.99 million by 2028.
- As a significant player in the global oil and gas industry, Saudi Arabia has a thriving market for welding guns and torches.