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Showing posts with the label Welding Torch and Wear Parts Market

Welding Torch And Wear Parts Market To Reach A Valuation Of ~US$ 7.3 Billion By 2027

Transparency Market Research delivers key insights on the global  welding torch and wear parts market . In terms of revenue, the global welding torch and wear parts market is estimated to expand at a CAGR of ~ 4%  during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights and forecasts in the global welding torch and wear parts market report. In this market report, TMR predicts that, increase in the production of passenger and commercial vehicles is anticipated to boost the welding torch and wear parts market during the forecast period. Rising disposable income and increasing road connectivity are some of the prime factors responsible for the growth of the welding torch and wear parts market. As per statistics by the International Automotive Industry, in  2017 , passenger car production grew by approximately  2.4%  as compared to the previous year. Additionally, growth in construction and manufacturing industri...