Innovations and technological advancements in the automotive industry to cater to the growing demand from customers is expected to create higher demand for welding products which is likely to drive the global welding equipment, accessories, and consumables market during the forecast period. APAC is the fastest-growing market for welding equipment, accessories, and consumables due to growing population, favorable investment policies, growing economies, and government initiatives directed at promoting electronics and automobile industries in the region
The Electrodes & Filler Metal Equipment segment is projected to lead the global welding equipment, accessories, and consumables market through 2026
Welding electrodes are used to weld two metals. In arc welding, a current is passed using electrodes to join two metal pieces together. Depending on the process that is adopted, the electrode is either consumable or non-consumable. Electrodes required for gas metal arc welding or shielde
Welding Equipment, Accessories & Consumables Market worth $32.5 Billion by 2026 - Exclusive Report by MarketsandMarkets Welding Equipment, Accessories & Consumables Market by Equipment, Accessory, Consumable (Electrodes & Filler Materials, Fluxes & Wires Gases), Technology (Arc Welding, Oxy-Fuel Welding ), End-Use Industry, and Region - Global Forecast to 2026 , published by MarketsandMarkets, the Welding Equipment, Accessories & Consumables Market is projected to grow from USD 25.9 billion in 2021 to USD 32.5 billion by 2026, at a CAGR of 4.6% during the forecast period.
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Innovations and technological advancements in the automotive industry to cater to the growing demand from customers is expected to creat
Operator
Greetings and welcome to the Lincoln Electric 2021 First Quarter Financial Results Conference Call. [Operator Instructions]
It is my pleasure to introduce your host, Amanda Butler, Vice President of Investor Relations and Communications. Thank you. You may begin.
Amanda Butler
Vice President of Investor Relations and Communications
Thank you, Stephanie and good morning, everyone. Welcome to Lincoln Electric s first quarter 2021 conference call. We released our financial results earlier today, and you can find our release as an attachment to this call slide presentation as well as on the Lincoln Electric website at lincolnelectric.com in the Investor Relations section.
Source: Harris/Lincoln
David J. Nangle, EVP, President of The Harris Products Group
Nangle will be succeeded by Gregory Doria, who has been promoted to Senior Vice-President, Chief Operating Officer, of The Harris Products Group, a wholly-owned subsidiary of Lincoln Electric Holdings, Inc.
Nangle joined Lincoln in 1979 and held various sales management leadership positions before being named President of the company’s Harris Calorific subsidiary in 1999, followed by President of the company’s retail subsidiary, WCTA LLC in 2003, and President of J.W. Harris Co. in 2005.
As Executive Vice-President, President of The Harris Products Group, Nangle oversaw 15 years of record sales and profitability growth in the segment through transformational commercial and operational initiatives.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Lincoln Electric Announces Executive Vice President, President of The Harris Products Group .
Lincoln Electric Holdings, Inc.April 26, 2021 GMT
CLEVELAND, April 26, 2021 (GLOBE NEWSWIRE) Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) announced today that David J. Nangle, Executive Vice President, President, The Harris Products Group (HPG) will retire effective October 1, 2021 and will be succeeded by Gregory Doria. As part of the transition, Doria has been promoted to Senior Vice President, Chief Operating Officer, The Harris Products Group. He formerly served as Vice President, Marketing, Lincoln Electric.