Lincoln Electric was recently awarded the Market Share Leadership Award in recognition of best practice in the world pipeline industry related to welding equipment and consumables.

The award is selected through global research from analysts and consultants. It also received exposure in Frost and Sullivan’s CEO 360 Degree Perspective Report. Lincoln Electric promises to continue to offer excellence in market leadership by identifying market challenges, drivers and restraints, as well as strategy and method development for addressing dynamic markets.

The company attributes its success to a customer-focused approach with specific investment in technology. Lincoln Electric provides products and solutions to meet the needs of demanding applications, such as the pipeline industry. Furthermore, the firm prides itself on offering global design, development and manufacturing of speciality solutions. These include arc welding, robotic arc welding systems, weld fume control systems, plasma and oxyfuel cutting equipment and has a leading global position in the brazing and soldering alloys market.

The Frost & Sullivan Best Practices Awards identify exemplary achievements within a multitude of industries and functional disciplines. The accolades are usually presented every year, while judging takes into consideration all players across the industry that's under the spotlight.