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.
The global market for Welding Equipment is estimated to increase from US$ 10040 million in 2021 to reach US$ 12810 million by 2028, exhibiting a CAGR of 3.5% during 2022-2028. Keeping in mind the uncertainties of COVID-19 and Russia-Ukraine War, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
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.
Report Coverage
This latest report provides a deep insight into the global Welding Equipment market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, value chain analysis, etc.
This report aims to provide a comprehensive picture of the global Welding Equipment market, with both quantitative and qualitative data, to help readers understand how the Welding Equipment market scenario changed across the globe during the pandemic and Russia-Ukraine War.
The base year considered for analyses is 2021, while the market estimates and forecasts are given from 2022 to 2028. The market estimates are provided in terms of revenue in USD millions and volume in K Units.
Market Segmentation:
The study segments the Welding Equipment market and forecasts the market size by Type (Arc Welding, Electrogas/Electroslag Welding and Friction Welding), by Application (Construction, Automotive, Heavy Equipment and Electronics, Medical and Precision Instruments), and region (APAC, Americas, Europe, and Middle East & Africa).
Segmentation by type
Arc Welding
Electrogas/Electroslag Welding
Friction Welding
Laser & Electron-Beam Welding
Resistance Welding
Oxy-Fuel Welding
Others
Segmentation by application
Construction
Automotive
Heavy Equipment
Electronics, Medical and Precision Instruments
Energy and Chemical
Other Transport
Others
Segmentation by region
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Major companies covered
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
Chapter Introduction
Chapter 1: Scope of Welding Equipment, Research Methodology, etc.
Chapter 2: Executive Summary, global Welding Equipment market size (sales and revenue) and CAGR, Welding Equipment market size by region, by type, by application, historical data from 2017 to 2022, and forecast to 2028.
Chapter 3: Welding Equipment sales, revenue, average price, global market share, and industry ranking by company, 2017-2022
Chapter 4: Global Welding Equipment sales and revenue by region and by country. Country specific data and market value analysis for the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America and Middle East & Africa.
Chapter 5, 6, 7, 8: Americas, APAC, Europe, Middle East & Africa, sales segment by country, by type, and type.
Chapter 9: Analysis of the current market trends, market forecast, opportunities and economic trends that are affecting the future marketplace
Chapter 10: Manufacturing cost structure analysis
Chapter 11: Sales channel, distributors, and customers
Chapter 12: Global Welding Equipment market size forecast by region, by country, by type, and application.
Chapter 13: Comprehensive company profiles of the leading players, including Colfax, Lincoln Electric, Illinois Tool Works, Daihen, Kobe Steel, Panasonic Welding Systems, Obara, Stanley Black & Decker and Fronius International, etc.
Chapter 14: Research Findings and Conclusion