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Global Welding Equipment Market Analysis and Forecast 2015 – 2021

Welding is used in every small and large industry in fabrication process and repairing of metal products. The process can be used in space, air and underwater as well. Welding has wide range of applications including bridge construction, building construction, automotive, aerospace, and manufacturing industry, among others. The major equipment used in welding include welding machines, welding wires, cutting products, electrodes & filler metals, gases, welding automation equipment, angle grinders, and drill grinders, among others. The total impact of welding process on the metal industry can be calculated by the total value of the parts manufactured by this process. Industries prefer welding fabrication process over other fabrication process such as brazing, and soldering among others, as it is more efficient fabrication process, results in higher product strength and results in less cost production.

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Globally, the construction and manufacturing activity is rising and this is leading to increase in demand for welding equipment. However, the slow growth of aerospace, defense and ship building industries in the recent years is a challenge to the growth of welding equipment market. The players is welding equipment market have potential opportunity in welding equipments for non-metallic materials. Further, in the recent years there has been increased emphasis on enhancing welding efficiency and this is leading to the growth in demand for highly efficient welding technologies and products. The global welding equipment market is witnessing a shift from manual welding to automatic welding. Automation of the welding process with the help of automation software and development of such automatic welding management software is a key technology trend, among the industry players.



Global Luggage Market Report to 2020

According to a new market report published by Persistence Market Research “Global Market Study on Luggage: Travel Bags to Witness Highest Growth by 2020”, the global luggage market is expected to grow at a CAGR of 5.8% during 2014 to 2020 and to reach an estimated value of USD 43.4 billion in 2020.

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Increasing urbanization and changing lifestyles are the key drivers for the global luggage market. Technological advancements are further creating opportunities for luggage sales among high net-worth individuals, for whom safety is a major concern. Increasing travel and tours, rising business activities, and growing number of educational courses are further propelling the demand for luggage. Luggage is sold through various types of distribution channels such as specialist retailers, factory outlets, supermarkets, hypermarkets, and internet sales. Owing to the boom in online commerce, luggage sales through the Internet have been growing at a significant pace.


Sports Medicines Market – The U.S. Industry Analysis and Forecast to 2020

Sports medicines refer to a branch of medicines that deal with treatment and prevention of the injuries and disorders that are caused by participation in sports and exercise. The U.S. has the largest market for sports medicines. This is due to high number of cases of sport injuries and raised awareness for these devices. Various devices such as splints and braces are used to safeguard the injured area. Implants such as artificial knee, meniscus and cartilage may be used for bone and cartilage reconstruction. Ligament and tendon surgeries are the most common type of sports injury surgeries that involve strains, cramps, sprains, tendon tear, ligament tear and muscle tears. On the basis of type of products, the U.S. sports medicines market can be segmented into arthroscopy devices, braces, prosthetics, artificial joint implants, orthobiologics, fracture repair devices and performance monitoring devices.

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Knee surgeries hold the largest segment for the U.S. sports medicine market. This is due to significant increase in the incidence of ACL/PCL injuries in the country. Factors such as, increase in participation in sports and easy availability of advanced healthcare services are driving the U.S. sports medicines market. According to Safe Kids Worldwide, an organization in the U.S., every year about 1.35 million cases of sports injuries among youngsters are registered in the U.S. In addition, non-availability of any other substitute, increased healthcare expenditures and rising cases of obesity are driving the U.S. sports medicines market. However, poor conditions of reimbursement, lack of awareness among peope for sports medicines are restraining the U.S. sports medicines market. In addition, rising surgical costs is restraining the U.S. sports medicines market.


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