Upload
frost-sullivan
View
2.025
Download
3
Tags:
Embed Size (px)
Citation preview
Welding Requirements for Repairs and Maintenance: Increased Adoption of Preventive Maintenance Leads
the Market for Welding
Archana Chauhan, Program ManagerArchana Chauhan, Program Manager
Industrial Automation and Process Control
Functional Expertise
• 4 years of expertise in Industrial Automation and Process Control , which include consulting, research and sales
Particular expertise in :
- Analyzing emerging trends, technologies and market dynamics in the welding, cutting and joining technologies market
- Business planning and growth strategy formulation
- Process mapping and analysis
- Project Management, Planning and Development
Industry Expertise
� Experience base covering broad range of sectors with global assignments, leveraging long-standing working relationships with leading industry participants’ Senior Executives in
Today’s Presenter: Archana Chauhan
2
relationships with leading industry participants’ Senior Executives in
- Welding, Cutting and Joining Technologies
- Welding Automation and Robotics
What I bring to the Team
� Extensive client interaction and strategic project management
• Immense experience and expertise in project leadership
• Deep industry knowledge of the global welding, cutting and joining technologies
Career Highlights
• Research Manager for Frost & Sullivan – CEE and Russian Operations since July 2010
• Speaker, panelist and moderator in several industry forums
• Quoted in domestic and international publications on the trends and analysis in welding and joining technologies
• Long term clientele relationship with international welding equipment , consumables and automation suppliers
• Education
• Masters in Arts ( Economics ) from Fergusson College of Arts and Science, Pune University, India
• Bachelors in Arts ( Economics) from Ethiraj College of Arts and Science, Madras University, India
Archana ChauhanProgram Leader
Industrial Automation and
Process Control - Global
Research Manager
Frost & Sullivan S.A
Frost & SullivanCentral and Eastern Europe Warsaw, Poland
Welding
Requirements for Market Size and Forecasts
Key Market Drivers and Restraints
Industry Challenges
Focus Points
Overview and Scope of the Briefing
3
Repairs and
Maintenance
Key End-users Analysis
Conclusions
Key Market Trends by Region
Overview and Scope of the Briefing
Market for Repairs and Maintenance: Market Segmentation (World), 2010
Global Market for Repairs and Maintenance
Repairs Maintenance
Brazing and Welding* Hardfacing Thermal Spray*
4
SolderingWelding* Hardfacing
Gas* Arc* Consumables*
Thermal Spray*
Consumables
Equipment*
Plasma
HVOF (Liquid and Gas)
Flame
Arc (Powder and Wire)
* Will be discussed in detail Source: Frost & Sullivan
Overview and Scope of Briefing ( Contd... )
Welding Market for Repairs and Maintenance: Revenue Trends (World), 2010 and 2017
The increased adoption of preventive maintenance will lead
to higher revenues in the long term.
80.0
100.0
Reven
ues(%
)
46.0 52.0
Percentage of Revenues in America
Percentage of Revenues in EMEA
High Growth Region
5
0.0
20.0
40.0
60.0
2010 2017
Reven
ues(%
)
Year
Equipment and Consumables for Repairs
Equipment and Consumables for Maintenance
54.048.0
Percentage of Revenues in Asia Pacific
Asia Pacific is projected to be the fastest growing regional market and region. Rapid economic
development in China and India, and increasing industrial manufacturing in this region are the key
growth accelerators.
Industry Challenges
Welding Market for Repairs and Maintenance: Industry Challenges (World), 2011-2017
Need to locate service units strategically close to end
users
Perception and sensing of repair needs
6
Industry Challenges
Source: Frost & Sullivan
Lack of adequate manpower
Global Presence
Key Market Drivers and Restraints Strong Market Drivers Enable Investments and Catalyse Growth of the Welding Market
Maintenance needs of the
power industries
Extension of component life through repair
Reduction of capital expenditure
7
Source: Frost & Sullivan.
Low prevalence of preventive
maintenance
Lack of institutional tie ups for repairs
and maintenance
Revenue Forecasts for the Welding Equipment Market
Welding Consumables Market for Repairs and Maintenance: Revenue Forecasts (World), 2010 and 2017
Revenues in 2010: $650.3 Million
CAGR (2010-2017): $859.6 Million
Over the forecast period it is expected
that the share of the arc welding
market will increase. Arc welding
processes have been witnessed as
CAGR:4.0%
8
Note: All figures are rounded, the base year is 2010. Source: Frost & Sullivan
being best suited for application of
hard facing weld metal and hence its
share is expected to rise to 82.5
percent in 2017.
1000.0
1500.0
2000.0
2500.0
Re
ve
nu
e ($
Mill
ion
)
Revenue Forecasts for the Welding Consumables Market
Welding Consumables Market for Repairs and Maintenance: Revenue Forecasts (World), 2007, 2010 and 2017
CAGR (2007-2010): -4.1%
CAGR (2010-2017): 4.5%
• The welding consumables market for repair generated revenues of $1567.7 million in 2010 and had a growth rate of 0.9 percent.
• The repair consumables market witnessed a decline of 16.4 percent in 2009 owing
9
0.0
500.0
1000.0
2007 2010 2017
Re
ve
nu
e ($
Mill
ion
)
YearStick Electrode Solid Wire
Flux cored wire SAW wires and fluxes
Note: All figures are rounded, the base year is 2010. Source: Frost & Sullivan
16.4 percent in 2009 owing to the recession, which affected the volume of consumables demanded for welding repairs.
• Welding consumables for repairs are expected to see a marginal rise in growth rate over forecast years.
200.0
250.0
300.0
350.0
400.0
450.0
500.0
Re
ven
ue
($
Mil
lio
n)Revenue Forecasts for the Thermal Spray Equipment Market
Thermal Spray Equipment Market for Repairs and Maintenance: Revenue Forecasts (World), 2007, 2010 and 2017
CAGR (2007-2010): 0.85%
CAGR (2010-2017): 7.4% The Thermal spray equipment (TSE)
market had revenues of $187.9 million
in 2010 after witnessing a decline of
12.0 percent in 2009, owing to the
economic recession. The market is
10
0.0
50.0
100.0
150.0
200.0
2007 2010 2017
Re
ven
ue
($
Mil
lio
n)
Year
Plasma HVOF (Liquid) HVOF (Gas)
Arc Flame (wire) Flame (powder)
Note: All figures are rounded, the base year is 2010. Source: Frost & Sullivan
Years
economic recession. The market is
expected to reach approximately
$310.2 million in 2017, growing at a
compound annual growth rate (CAGR)
of 7.4 per cent from 2010 to 2017.
Market Attractiveness and Growth by RegionsHigher Growth from the APAC regions over forecast years leading it to be the largest market in 2017
Repairs and Maintenance Welding Equipment and Consumables Market: Market Attractiveness by Regions (World ), 2017
11
Note: Size of the bubble corresponds to the segments’ market size in 2010. The
base year is 2010. Source: Frost & Sullivan
Key End-user AnalysisThe Civil engineering failures and deterioration of structure in the metal fabrication, construction and energy industries will drive the market for repairs and maintenance.
Weld repair is one of the causes of downtime in the conventional power plants. Periodic repairs and
maintenance works in critical installations enhance safety and reliability of the parts.
The market is expected to be strongly driven by the
End User Industry Short Term Perspective
Long Term Perspective
CAGR(2010-2017)
Energy
4.9%
Automotive and transportation 5.0%
Construction
5.7%
Welding Consumables Market for Repairs and Maintenance: End User Analysis (World), 2007-2017
12
TrendSource: Frost & Sullivan
Growth Stable Decline
The market is expected to be strongly driven by therising economic and infrastructural activities in Chinaand south east Asian nations.
Repairs in the metal fabrication and mining industry isexpected to be driven by an increase in mining activitiesand rising prices of metal commodities.
5.7%
Shipbuilding
2.4%
Metal Fabrication(includes Mining ) 5.8%
Process and Other Industry 0.3%
Summary of Key Opportunities
Key Opportunities
Establishing a local or regional distribution
network is important to
Largest market for the welding repairs and
maintenance to shift from EMEA to APAC
Key competitive forces in the market are product quality, services, price, brand reputation, and
13
Key Opportunities in the Welding
Market for Repairs and Maintenance
Performance, longevity, and durability needs by different industries are
expected to drive the market over the forecast years.
network is important to tap the potential in the
emerging regions.
Improved deposition efficiency,
the key technologies .
Improved deposition efficiency, new weld materials, coating and
welding consumables for dissimilar metal repairs will be
the key technologies .
brand reputation, and technical support.
Source: Frost & Sullivan
Upcoming Research Titles
WELDING
• Arc Welding Systems
2011Welding Market for Repairs and Maintenance ( WIP)
Global
2011World Arc welding Equipment and Filler Metals Market (WIP)
Global
2011World Solid Wires Welding Market
Global
2011 Global Welding Equipment and Consumables Market for Power Global
14
• Resistance Welding
• Laser and Hybrid Welding
• Welding Consumables
• Mechanised Cutting
• Welding Applications Markets
2011 Global Welding Equipment and Consumables Market for Power Industry ( wind, thermal, hydro and nuclar power)
Global
2011 CEO 360 degree perspective on welding /Megatrends in joining technologies
Global
2011 An analysis of the Environmental Hazards and Safety Procedures in the welding Industry
Global
2011World Aluminum Welding Market (WIP)
Global
2011World Stick Electrode Market
Global
Next Steps
� Request a proposal for Growth Partnership Services or Growth Consulting Services to support you and your team to accelerate the growth of your company. ([email protected])
� Join us at our annual Growth, Innovation, and Leadership 2011: A Frost & Sullivan Global Congress on Corporate Growth occurring 25 August, Cape Town (www.gil-global.com/africa/)
15
� Register for Frost & Sullivan’s Growth Opportunity Newsletter and keep abreast of innovative growth opportunities (www.frost.com/news)
Your Feedback is Important to Us
Growth Forecasts?
Competitive Structure?
What would you like to see from Frost & Sullivan?
16
Emerging Trends?
Strategic Recommendations?
Other?
Please inform us by rating this presentation
Frost & Sullivan’s Growth Consulting can assist with your growth strategies
Follow Frost & Sullivan on Facebook, LinkedIn, SlideShare, and Twitter
http://www.facebook.com/FrostandSullivan
http://www.linkedin.com/companies/4506
17
http://twitter.com/frost_sullivan
http://www.linkedin.com/companies/4506
http://www.slideshare.net/FrostandSullivan
Chiara Carella
Corporate Communications Director
Europe
+44 (0) 207 343 8314
For Additional Information
Archana Chauhan
Program Manager
Industrial Automation and Process Control
+48 (0) 22 3904152
18
Muthukumar .V
Research Director
Industrial Automation and Process Control
+44 (0) 207 9157804