20-22 September, 2019
9th International Exhibition on
Cutting and Welding Materials
Equipment, Laser Technology,
Machine Tools and Allied Products

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