Report overview
Arc welding is a process that is used to join metal to metal by using electricity to create enough heat to melt metal, and the melted metals when cool result in a binding of the metals. It is a type of welding that uses a welding power supply to create an electric arc between an electrode and the base material to melt the metals at the welding point.
This report aims to provide a comprehensive presentation of the global market for Arc 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 Arc Welding Equipment. This report contains market size and forecasts of Arc Welding Equipment in global, including the following market information:
Global Arc Welding Equipment Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Arc Welding Equipment Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Arc Welding Equipment companies in 2022 (%)
The global Arc Welding Equipment market was valued at US$ 6088.7 million in 2022 and is projected to reach US$ 8085 million by 2029, at a CAGR of 4.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global core arc welding equipment manufacturers include Illinois Tool Works, Lincoln Electric and Colfax Corporation etc. The top 3 companies hold a share about 42%. China is the largest market, with a share about 30%, followed by Europe and Asia other with the share about 17% and 15%.
In terms of product, MIG/MAG welders is the largest segment, with a share about 42%?followed by stick welders and TIG welders with the similar share about 20%. And in terms of application, the largest application is construction, followed by machinery and energy and utilities.
We surveyed the Arc 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 Arc Welding Equipment Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Arc Welding Equipment Market Segment Percentages, by Type, 2022 (%)
Stick Welders
MIG/MAG Welders
TIG Welders
Others
Global Arc Welding Equipment Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Arc Welding Equipment Market Segment Percentages, by Application, 2022 (%)
Energy and Utilities
Machinery
Construction
Aerospace and Defence
Electrical
Others
Global Arc Welding Equipment Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Arc 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 Arc Welding Equipment revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Arc Welding Equipment revenues share in global market, 2022 (%)
Key companies Arc Welding Equipment sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Arc Welding Equipment sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Illinois Tool Works
Lincoln Electric
Colfax Corporation
DAIHEN Corporation
Panasonic
Fronius
Jasic Technology
Hugong
EWM
Cloos
LORCH
Kende
Kemppi
GYS
Migatronic
Kaierda
Telwin
Sansha Electric
Auweld
Outline of Major Chapters:
Chapter 1: Introduces the definition of Arc Welding Equipment, market overview.
Chapter 2: Global Arc Welding Equipment market size in revenue and volume.
Chapter 3: Detailed analysis of Arc 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 Arc 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 Arc 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.
