Welding Equipment Market, By Level of Automation, By Welding Technology, By Application, By Region (North America, Latin America, Europe, Asia Pacific, and Middle East and Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023

Description

Global Welding Equipment Market was valued at US$ 16.82 Billion in 2022, exhibiting a compound annual growth rate (CAGR) of 10.54% from 2023 to 2030.

Report Coverage		Report Details
Base Year:	2022	Market Size in 2023:	US$ 18.39 Bn
Historical Data for:	2018 to 2021	Forecast Period:	2023 - 2030
Forecast Period 2023 to 2030 CAGR:	10.50%	2030 Value Projection:	US$ 37.10 Bn

Welding is a manufacturing or assembly process that is used to join materials such as metals and thermoplastics. The fusion of intersecting materials joins metals or thermoplastics together. Welding is a constantly evolving technology. Shielded metal arc welding (SMAW), gas tungsten arc welding (GTAW), gas metal arc welding (GMAW), flux-cored arc welding (FCAW), and submerged arc welding are all common welding technologies (SAW).

Welding is a fabrication process that involves the application of heat to melt and fuse materials together, usually metals. Various welding processes exist, including arc welding, gas welding, laser welding, and resistance welding. Welding equipment includes welding machines, consumables (electrodes, filler materials, etc.), protective gear (helmets, gloves, etc.), and other accessories. On the basis of welding techniques, the market is segmented as laser-beam welding, oxy-fuel welding, resistance welding, arc welding, and others.

Market Dynamics:

The global welding equipment market has been experiencing significant growth and expansion in recent years. The market size has been steadily increasing due to factors such as industrialization, infrastructure development, and the growing demand for welding applications across various industries. Rapid industrialization in emerging economies, especially in Asia Pacific and Latin America, has been a key driver for market growth. The construction, automotive, aerospace, and energy sectors are major contributors to the increasing demand for welding equipment. Infrastructure development projects, such as the construction of bridges, roads, railways, and power plants, have been fueling the market as well. Moreover, the advancements in technology, such as automation and robotics, have led to the adoption of advanced welding equipment for efficient and precise welding processes. The market is also driven by the focus on energy-efficient welding solutions and the increasing need for high-quality welds in industries like oil and gas, petrochemicals, and shipbuilding. Key players in the market are continuously investing in research and development to introduce innovative welding equipment and meet evolving customer demands. Additionally, stringent safety regulations and the emphasis on worker safety have further propelled the demand for welding equipment that ensures operator protection. Overall, the global welding equipment market is poised for continued growth as industries across the globe seek efficient and reliable welding solutions to meet their manufacturing and construction requirements.

Key features of the study:

This report provides in-depth analysis of the Global Welding Equipment Market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the Global Welding Equipment Market based on the following parameters company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Global Welding Equipment Market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the Global Welding Equipment Market
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
Global Welding Equipment Market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the Global Welding Equipment Market.

Detailed Segmentation:

Global Welding Equipment Market, By Level of Automation
- Manual
- Semi-automatic
- Automatic
Global Welding Equipment Market, By Welding Technology
- Arc Welding
- Resistance Welding
- Oxy-Fuel Welding
- Laser Beam Welding
- Others
Global Welding Equipment Market, By Application
- Automobile & Transportation
- Building & Construction
- Marine Application
- Others
Global Welding Equipment Market, By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company Profiles
- Amada Miyachi, Inc.
- Arcon Welding Equipment
- Colfax Corporation
- DAIHEN Corporation
- ESAB Welding & Cutting Products
- Fronius International GmbH
- Illinois Tool Works, Inc.
- Nelson Stud Welding (Doncasters Group, Ltd.)
- Obara Corporation
- Panasonic Corporation
- Rofin-Sinar Technologies
- Sonics & Materials, Inc.
- The Lincoln Electric Company
- Voestalpine AG.

Product Code: CMI3265

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Level of Automation
- Market Snippet, By Welding Technology
- Market Snippet, By Application
- Market Snippet, By Region
- Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trend Analysis

Market Dynamics
- Drivers
Industrialization and Infrastructure Development
Growing Construction Industry
Energy and Power Sector
Increasing Demand for Lightweight Materials
Automotive and Transportation Industry
- Restraints
High Initial Investment
Environmental Regulations
Trade Barriers and Tariffs
Impact of Substitutes
- Opportunities
Infrastructure Development
Industrial Automation
Automotive Industry Growth
Adoption of Industry 4.0
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Global Welding Equipment Market - Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Global Welding Equipment Market, By Level of Automation, 2018-2030 (US$ Billion)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Manual
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030 (US$ Billion)
Semi-automatic
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030 (US$ Billion)
Automatic
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030 (US$ Billion)

6. Global Welding Equipment Market, By Welding Technology, 2018-2030 (US$ Billion)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Arc Welding
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030 (US$ Billion)
Resistance Welding
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030 (US$ Billion)
Oxy-Fuel Welding
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030 (US$ Billion)
Laser Beam Welding
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030 (US$ Billion)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030 (US$ Billion)

7. Global Welding Equipment Market, By Application, 2018-2030 (US$ Billion)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Automotive & Transportation
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030 (US$ Billion)
Building & Construction
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030 (US$ Billion)
Marine Applications
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030 (US$ Billion)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030 (US$ Billion)

8. Global Welding Equipment Market, By Region, 2018-2030 (US$ Billion)

Introduction
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2018-2030
- Country Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Level of Automation, 2018-2030 (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Welding Technology, 2018-2030 (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030 (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Country , 2018-2030 (US$ Billion)
U.S.
Canada
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Level of Automation, 2018-2030 (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Welding Technology, 2018-2030 (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030 (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Country , 2018-2030 (US$ Billion)
U.K.
Germany
France
Italy
Russia
Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Level of Automation, 2018-2030 (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Welding Technology, 2018-2030 (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030 (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Country , 2018-2030 (US$ Billion)
China
India
Japan
South Korea
Australia
Rest of APAC
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Level of Automation, 2018-2030 (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Welding Technology, 2018-2030 (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030 (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Country , 2018-2030 (US$ Billion)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East and Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Level of Automation, 2018-2030 (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Welding Technology, 2018-2030 (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030 (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Country , 2018-2030 (US$ Billion)
GCC Countries
South Africa
Rest of Middle East and Africa

9. Competitive Landscape

Amada Miyachi, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
Arcon Welding Equipment
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
Colfax Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
DAIHEN Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
ESAB Welding & Cutting Products
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
Fronius International GmbH
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
Illinois Tool Works, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
Nelson Stud Welding (Doncasters Group, Ltd.)
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
Obara Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
Panasonic Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
Rofin-Sinar Technologies
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
Sonics & Materials, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
The Lincoln Electric Company
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
Voestalpine AG.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
Analyst Views

10. Section

Research Methodology
About us

Welding Equipment Market, By Level of Automation, By Welding Technology, By Application, By Region (North America, Latin America, Europe, Asia Pacific, and Middle East and Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030