Welding Guns Market Trends

Growth Drivers

• Increased Use in Construction Industry – The rising number of construction works across the world that use metal rods for the building of roofs is estimated to propel the welding guns market growth. The growing construction sector owing to rising demand for own houses and the aging of old houses is driving the market size in the coming years.
• Growing Steel and Iron Sector Owing to Infrastructure Development – The rising art and crafts using scarp from automobiles in many cities to enhance the local beauty is expected to hike the welding guns market expansion. Also, the increasing iron industry is augmenting the market size.
• Rise in the Demand for Automated Welding Guns – Automation technology is gaining traction in many sectors as it reduces the work pressure on the employees and prevents the risk of accidents which is estimated to drive the welding guns market growth.

Challenges

• High Cost of Investment – The price of welding guns differs by model and type of guns required. The highly advanced welding gun with different functions will cost more compared to a single-use welding gun is estimated to hamper the welding guns market growth. Welding guns with automation function also increase the cost of the product hindering the market growth in the coming years.
• Increased Price of Raw Materials and Other Components
• Less Adoption Rate of New Welding Technologies