Welding Equipment Market, by Level of Automation (Manual, Semi-Automatic, and Automatic), by Welding Technology (Arc Welding, Resistance Welding, Oxy-Fuel Welding, Laser Beam Welding, and Others), by Application (Automobile & Transportation, Building & Co

Welding Equipment Market, by Level of Automation (Manual, Semi-Automatic, and Automatic), by Welding Technology (Arc Welding, Resistance Welding, Oxy-Fuel Welding, Laser Beam Welding, and Others), by Application (Automobile & Transportation, Building & Construction, Marine Application, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Welding equipment is used to join two or more materials permanently, by using metals or thermoplastics. There are several types of welding processes such as electric arcs, gas flames, electron beams, electric resistance, friction, electron beams, lasers, ultrasound, and molten metal baths. Further, welding equipment primarily used in application such as automobile & transportation, building & construction, marine application, and others. On the basis of welding technique, the market is segmented as laser-beam welding, oxy-fuel welding, resistance welding, arc welding, and others. On the basis of welding technology, the market is segmented into resistance welding, arc welding, oxy-fuel welding, laser beam welding, and others.
Market Dynamics
Rampant growth of mining and fabrication industries is expected to drive the global welding equipment market growth during the forecast period. For instance, in September 2021, PTS Welding, a welding equipment supplier launched a comprehensive range of product such as welding, cutting and gas products and services for the mining and fabrication industries at Electra Mining Africa show.
Furthermore, development of innovative welding machines for various end-use applications is expected to boost the global welding equipment market growth during the forecast period. In July 2019, Pressure Welding Machines Ltd, a manufacturer of cold pressure welding equipment introduced comprehensive welding machines such as three hand-held machines, heavy-duty M101 machine, the smaller BM10 and BM30 models at wire Southeast Asia.
However, unavailability of trained and skilled labor force in emerging economies such as South Africa, India, and China is expected to hamper the market growth over the forecast period.
Market Taxonomy
This report segments the global welding equipment market on the basis of level of automation, welding technology, and application. On the basis of level of automation, the global welding equipment market is segmented into Manual, Semi-Automatic, and Automatic, On the basis of welding technology, the market is segmented into Arc Welding, Resistance Welding, Oxy-Fuel Welding, Laser Beam Welding, and Others, On the basis of application, the market is segmented into (Automobile & Transportation, Building & Construction, Marine Application, and Others).
Key features of the study:
This report provides an in-depth analysis of the global welding equipment market and provides market size (US$ Million) and Compound Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the global welding equipment market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study Amada Miyachi, Inc., Arcon Welding Equipment, Colfax Corporation, DAIHEN Corporation, ESAB Welding & Cutting Products, Fronius International GmbH, Illinois Tool Works, Inc., Nelson Stud Welding (Doncasters Group, Ltd.), Obara Corporation, Panasonic Corporation., Rofin-Sinar Technologies, Sonics & Materials, Inc., The Lincoln Electric Company, and voestalpine AG.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics
The global welding equipment market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global welding equipment market
Detailed Segmentation:
Global Welding equipment Market, By Level of Automation:
Manual
Semi-automatic
Automatic
Global Welding equipment Market, By Welding Technology:
Arc Welding
Resistance Welding
Oxy-Fuel Welding
Laser Beam Welding
Others
Global Welding equipment Market, By Application:
Automobile & Transportation
Building & Construction
Marine Application
Others
Company Profiles
Amada Miyachi, Inc.*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Arcon Welding Equipment
Colfax Corporation
DAIHEN Corporation
ESAB Welding & Cutting Products
Fronius International GmbH
Illinois Tool Works, Inc
Nelson Stud Welding (Doncasters Group, Ltd.)
Obara Corporation
Panasonic Corporation
Rofin-Sinar Technologies
Sonics & Materials, Inc
The Lincoln Electric Company
voestalpine AG.
*Browse all the market data tables and figures on "Welding equipment Market - Forecast to 2027”