Global welding controllers market to grow at CAGR of 7.17 percent from 2017-2021

Research and Markets has published “Global Welding Controllers Market 2017-2021.” The report covers the market landscape and its growth prospects over the coming years and offers a discussion of the key vendors operating in this market.

According to the report, one driver in the market is the use of welding controllers to help meet quality standards. The welding industry has moved to a much stricter control of standards and has introduced various weld programming devices that can store and execute weld programs. The welding devices segment, therefore, is currently a growing sector. Also, it is noted that the welding systems market will witness high growth during the forecast period.

Further, the report states that one challenge in the market is the emergence of laser welding technology. Welding controllers included in this report focus on resistance welding carried out in end-user industries. However, the emergence of laser welding technology and a series of new technological developments will be a major setback for welding controllers.

For more information, visit www.researchandmarkets.com/publication/mkuv539/4411393.