The burgeoning requirement for dual operating machines (welding and electricity supply) in mining operations is causing a sharp surge in the sales of engine-driven welders in the U.S. In addition to this, the growing usage of these welders in pipeline operations is also a playing a major role in the rapid expansion of the U.S. engine-driven welder industry. In the mining industry, welders are required for removing damaged parts or cracks and carrying out maintenance and repairs on mining systems.
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This is because these welders also have the ability to serve as power-producing devices. The surging investments being made in the construction industry are driving its progress, which is, in turn, creating lucrative growth opportunities for the players operating in the engine-driven welder industry. Due to these reasons, the U.S. engine-driven welder market will register huge growth in the future. The value of the market will rise from $133.1 million in 2018 to over $188.9 million by 2024.
Hence, it is quite clear from the above paragraphs that the demand for engine-driven welders would surge in the U.S. in the coming years, primarily because of their increasing requirement in the oil and gas industry and mining operations.
Read more: https://www.psmarketresearch.com/market-analysis/us-engine-driven-welder-market
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