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.
According to our (Global Info Research) latest study, the global Arc Welding Equipment market size was valued at US$ 6355 million in 2023 and is forecast to a readjusted size of USD 8460 million by 2030 with a CAGR of 4.2% during review period.
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.
This report is a detailed and comprehensive analysis for global Arc Welding Equipment market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Arc Welding Equipment market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030
Global Arc Welding Equipment market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030
Global Arc Welding Equipment market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030
Global Arc Welding Equipment market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Arc Welding Equipment
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Arc Welding Equipment market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Illinois Tool Works, Lincoln Electric, Colfax Corporation, DAIHEN Corporation, Panasonic, Fronius, Jasic Technology, Hugong, EWM, Cloos, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Arc Welding Equipment market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Stick Welders
MIG/MAG Welders
TIG Welders
Others
Market segment by Application
Energy and Utilities
Machinery
Construction
Aerospace and Defence
Electrical
Others
Major players covered
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
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Arc Welding Equipment product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Arc Welding Equipment, with price, sales quantity, revenue, and global market share of Arc Welding Equipment from 2019 to 2024.
Chapter 3, the Arc Welding Equipment competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Arc Welding Equipment breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Arc Welding Equipment market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Arc Welding Equipment.
Chapter 14 and 15, to describe Arc Welding Equipment sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Arc Welding Equipment. Industry analysis & Market Report on Arc Welding Equipment is a syndicated market report, published as Global Arc Welding Equipment Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Arc Welding Equipment market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.