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Global Welding Helmet Market is Projected to Reach USD 826.15 million USD by 2023

Author: QYResearch | Publish date: 2018-05-31 | Views: 73
The Welding Helmet industry was 651.73 million USD in 2017 and is projected to reach USD 826.15 million USD by 2023, at a CAGR of 4.03% between 2017 and 2023. The market is driven by various end-user industries, such as Automotive, Heavy Equipment, Aerospace, Electronics, Medical, Precision Instruments, Energy and Chemical.


The industry is concentration, the key brand include Lincoln Electric, Illinois Tool Works, Kimberly-Clark, ESAB, Optrel AG, 3M, Honeywell, ArcOne, KEMPER AMERICA, GYS, JSP, Enseet, Changzhou Shine Science & Technology, Welhel, Optech, Ningbo Geostar Electronics, Sellstrom, Hypertherm. Among them, Lincoln Electric, Illinois Tool Works, Kimberly-Clark and ESAB are the leaders.


The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.


At present, in developed countries, the Welding Helmet industry is generally at a more advanced level. There are many policy to enforce the industrial manufacturer to provide the protection for welder. Meanwhile, foreign companies have more advanced equipment, strong R & D capability, and leading technical level. However, foreign companies’ manufacturing cost is relatively higher, compared with Chinese companies. The world's large enterprises are mainly concentrated in China. With the development of Chinese Welding Helmet production technology, their share in the international market is increasing, and competitiveness in the international market gradually increases.


The Global Welding Helmet Market Research Report 2017 report released by QYResearch provides a basic overview of the Welding Helmet industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.


The report then focuses on major industry players in Global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Welding Helmet industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.


Click to view the full report TOC, figure and tables

https://www.qyresearch.com/index/detail/387318/global-welding-helmets-market


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