20-22 September, 2019
9th International Exhibition on
Cutting and Welding Equipment

Bombay Exhibition Center, Mumbai,
India

 

Market Facts

The Welding industry in India worth INR 4,000 crore (US$ 588 mn.) out of which the Welding Consumables share is 71% and Welding Equipment is 29%.
 
Welding Consumables Market is expected to grow at a CAGR 10-11% over next five years from INR 2,800 cr (US$ 412 mn.) to INR 4,250 cr (US$ 625 mn.)
 
Welding Equipment Industry is expected to grow at a CAGR of 6-7% over the next five years from INR 1,150 cr (US$ 169 mn.) to INR 1,507 cr (US$ 221.5 mn.)
 
The global market for Machine Tools is projected to reach US$140.5 billion by 2020, driven by the steady recovery in the global Purchasing Managers Index (PMI).
 
Asia-Pacific represents the largest market worldwide. The region also ranks as the fastest growing market with a CAGR of 9.4% over the analysis period led by rapidly growing manufacturing and industrial activity
 
Weld India 2016