PUBLISHER: The Business Research Company | PRODUCT CODE: 1928109
PUBLISHER: The Business Research Company | PRODUCT CODE: 1928109
Welding equipment, accessories, and consumables refer to a set of products utilized in the welding process, which involves fabricating metals by joining two pieces together using heat. Instruments like welding goggles, welding helmets, welding glass, welding spray, and welding positioners are employed in this process.
The main technologies utilized in the welding equipment, accessories, and consumables market are arc welding and oxy-fuel welding. Arc welding employs an electric arc to create heat for melting and joining metals, and in consumables, it not only acts as a filler during heating but also stabilizes the flame. Various types of equipment include welding electrodes, filler metals, and oxy-fuel gas. These welding products find application in end-user industries such as automotive, building and construction, heavy engineering, railway and shipbuilding, oil and gas, among others.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs on welding equipment, accessories, and consumables have disrupted supply chains and increased costs across arc, oxy-fuel, and advanced welding segments, particularly affecting automotive, construction, and heavy engineering industries in asia-pacific, europe, and north america. While the tariffs have slowed adoption in certain regions, they have also encouraged local production, innovation in energy-efficient and ergonomic solutions, and cost-optimized manufacturing of welding consumables.
The welding equipment, accessories, and consumables market research report is one of a series of new reports from The Business Research Company that provides welding equipment, accessories, and consumables market statistics, including welding equipment, accessories, and consumables industry global market size, regional shares, competitors with a welding equipment, accessories, and consumables market share, detailed welding equipment, accessories, and consumables market segments, market trends and opportunities, and any further data you may need to thrive in the welding equipment, accessories, and consumables industry. This welding equipment, accessories, and consumables market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The welding equipment, accessories, and consumables market size has grown strongly in recent years. It will grow from $29.18 billion in 2025 to $31.13 billion in 2026 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to growing automotive manufacturing, increasing construction and infrastructure projects, early adoption in heavy engineering and shipbuilding, rising use of oxy-fuel welding in industrial applications, demand for manual and semi-automatic welding processes.
The welding equipment, accessories, and consumables market size is expected to see strong growth in the next few years. It will grow to $40.34 billion in 2030 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to growing automotive manufacturing, increasing construction and infrastructure projects, early adoption in heavy engineering and shipbuilding, rising use of oxy-fuel welding in industrial applications, demand for manual and semi-automatic welding processes. Major trends in the forecast period include adoption of advanced arc welding technologies, increased use of oxy-fuel welding, expansion of laser and electron beam welding, rising demand in automotive and heavy engineering, enhanced safety and ergonomics in welding equipment.
The growing demand in the steel industry is expected to drive the growth of the welding equipment accessories and consumables market in the coming years. The steel industry involves the production, processing, and manufacturing of steel and steel-based products, which are critical for construction, infrastructure, automotive, machinery, and various industrial applications. As welded metals become more widely used in fabrication processes, the adoption of welding equipment like stick welding, TIG welding, and MIG welding has increased, driving the consumption of related accessories and consumables. The welding equipment accessories and consumables market supports the expanding steel industry by supplying essential tools and materials for efficient, high-quality welding in steel fabrication and manufacturing. For instance, in June 2025, the World Steel Association (Worldsteel), a Belgium-based international trade body for the iron and steel industry, reported that world crude steel production rose from 1,889 million tonnes in 2022 to 1,904 million tonnes in 2023. In 2024, 93 steel companies and associations contributed to the data collection, representing 956.1 million tonnes, or 51% of global crude steel production. Additionally, 214.7 kg of steel was used in new products per person globally in 2024. Therefore, the growing demand in the steel industry is driving the growth of the welding equipment accessories and consumables market.
Major companies in the welding equipment, accessories, and consumables market are concentrating on launching portable welding machines to improve accessibility and convenience for users, enabling on-site welding applications across different industries. A portable welding machine is a compact, lightweight device designed for easy transport and operation in various locations. These machines feature auto cable calibration to ensure precise voltage readings before welding commences. The PowerLog function allows users to adjust welding current levels effortlessly during operation. For example, in March 2023, Kemppi GmbH, a Finland-based manufacturing firm, introduced the Master M 205 and Master M 323 portable welding machines. Both models include an intuitive Weld Assist that simplifies parameter settings, enabling users to select material thickness, joint type, and welding position for quick initiation of the welding process. A bright, easy-to-read 5" LCD screen enhances visibility in confined spaces, while self-charging LED work lights improve safety in low-light conditions. Additionally, both machines can operate with or without mains power, making them adaptable to various work environments.
In June 2025, ESAB Corporation, a U.S.-based industrial welding equipment and consumables manufacturer, announced its acquisition of EWM GmbH for approximately €275 million (about $317 million USD). This acquisition aims to expand ESAB's global welding equipment portfolio, particularly in heavy industrial welding systems and advanced automation, while strengthening its technological capabilities and broadening its market reach in Europe and other regions. EWM GmbH, a Germany-based leader in premium arc welding technology solutions, offers high-quality welding machines, components, torches, consumables, and accessories for both manual and automated welding applications.
Major companies operating in the welding equipment, accessories, and consumables market report are Air Liquide S. A., British Oxygen Company, Bug-O Systems Inc., Carl Cloos Schweisstechnik GmbH, Cavagna Group UK Ltd., Colfax Corporation, Daihen Corporation, GCE Holding AB, Gentec Corporation, Illinois Tool Works Inc., Kobe Steel Ltd., Koike Aronson Inc., Lincoln Electric Holdings Inc., Linde plc, Matheson Tri-Gas Inc., Elektriska Svetsnings-Aktiebolaget, Fronius International GmbH, Kemppi Oy, Obara Corporation, Panasonic Corporation, ARCON Welding Equipment LLC, Costruzioni Elettromeccaniche Annettoni S. p. A., Ewm Ag, Hyundai Welding Co. Ltd., Kjellberg Finsterwalde Plasma und Maschinen GmbH, Lorch SchweiBtechnik GmbH, Miller Electric Mfg LLC, OTC Daihen Corporation, Rofin-Sinar Technologies Inc., Soyer GmbH, Voestalpine Bohler Welding GmbH, Welding Alloys Group Ltd.
Asia-Pacific was the largest region in the welding equipment accessories and consumables market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the welding equipment, accessories, and consumables market are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the welding equipment, accessories, and consumables market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The welding equipment accessories and consumables market consists of sales of gas metal arc welding, TIG welding, and stick welding. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Welding Equipment, Accessories, and Consumables Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses welding equipment, accessories, and consumables market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for welding equipment, accessories, and consumables ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The welding equipment, accessories, and consumables market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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