Report overview
Welding Equipment is a welded tool used in the welding process, mainly includes arc welding. Welding is defined as a process where two or more pieces of metal or thermoplastics are fastened together by use of heat and pressure. The process of applying heat softens the material and enables it to affix together as one in a joint area when an adequate amount of pressure is applied.
This report aims to provide a comprehensive presentation of the global market for Welding Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Welding Equipment. This report contains market size and forecasts of Welding Equipment in global, including the following market information:
Global Welding Equipment Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Welding Equipment Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Welding Equipment companies in 2022 (%)
The global Welding Equipment market was valued at US$ 10560 million in 2022 and is projected to reach US$ 13230 million by 2029, at a CAGR of 3.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global main manufacturers of welding equipment include Colfax, Lincoln Electric and Illinois Tool Works, etc. The top three players hold a share about 32%. Asia-Pacific is the largest market, has a share about 36%, followed by Europe and North America, with share 32% and 22%, separately.
We surveyed the Welding Equipment manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Welding Equipment Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Welding Equipment Market Segment Percentages, by Type, 2022 (%)
Arc Welding
Electrogas/Electroslag Welding
Friction Welding
Laser & Electron-Beam Welding
Resistance Welding
Oxy-Fuel Welding
Others
Global Welding Equipment Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Welding Equipment Market Segment Percentages, by Application, 2022 (%)
Construction
Automotive
Heavy Equipment
Electronics, Medical and Precision Instruments
Energy and Chemical
Other Transport
Others
Global Welding Equipment Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Welding Equipment Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Welding Equipment revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Welding Equipment revenues share in global market, 2022 (%)
Key companies Welding Equipment sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Welding Equipment sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Colfax
Lincoln Electric
Illinois Tool Works
Daihen
Kobe Steel
Panasonic Welding Systems
Obara
Stanley Black & Decker
Fronius International
Carl Cloos Schweisstechnik
Hugong
Jasic Technology
EWM
Kende
Kemppi
Riland
Hutong
Aotai Electric
Denyo
Nimak
Arc Machines
Telwin
Beijing Time Technologies
Kaierda
CEA Weld
Aitel Welder
Outline of Major Chapters:
Chapter 1: Introduces the definition of Welding Equipment, market overview.
Chapter 2: Global Welding Equipment market size in revenue and volume.
Chapter 3: Detailed analysis of Welding Equipment manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Welding Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Welding Equipment capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
