Welding Guns Market - Regional Analysis
North American Market Insights
North America industry is predicted to dominate majority revenue share of 35% by 2035. The increasing construction activities in the region owing to the development of numerous infrastructures are anticipated to drive the market share. The growing demand for passenger cars among people in the region owing to high disposable income and the development of economic standards is poised to rise growth opportunities in the market. The rise in companies investing in the development of innovative and efficient product strategies to serve the demand from the end-user sectors of the region is stated to drive the market value during the forecast period.
APAC Market Insights
Asia Pacific region is slated to garner lucrative growth in the welding guns market with a revenue share of 27% owing to the rapid urbanization in the region. The rising industrial count in the region with a growing number of manufacturing, utility, oil & gas industries is expected to have a positive impact on the market expansion. The increasing demand for automated welding guns in the end-user industry to enhance the safety of the employees working in the danger zones of the construction sector and to operate the welding work remotely is predicted to rise the demand for welding guns in the region. The growing number of renovation works going on in the region is augmenting the growth of the market. The demand for commercial vehicles and heavy-duty vehicles with rising imports and exports of equipment is fueling the market growth.
