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Welding

Overview of the welding sector

The welding sector is among the leading segments in the manufacturing industry. It is because of diverse causes. Among them is its significance as an application in diverse economic divisions. Examples include the automotive, shipbuilding, energy, mechanical engineering, aerospace, and construction segments. This results in the development of an extensive and high-value welding industry. For example, it is anticipated to reach a market size of approximately $23.75 billion.

Is the sector extensive and innovative?

Over 16,500 enterprises, ranging from SMEs to extensive corporations, produce such values. They employ more than 771,000 specialists throughout the entire value chain. It includes a significant number of research and development experts. They aid the sector's further growth. It is because of the industry’s high focus on innovation. It has this emphasis because of its potential. One example is its ability to support the sector in adapting to the latest challenges. Similarly, it helps it to adapt to the most recent market trends and industrial requirements from various sectors. Generally, the segment presents its latest innovations during trade events. It includes participation in biannual and annual expos in diverse countries. They attract tens of thousands of attendees to the hosting locations.