Global Welding Guns and Torches Market 2023

Global Welding Guns and Torches Market 2023

Welding guns and torches are essential tools used in various welding processes to join metal components together. They are designed to provide the necessary heat and control for melting the base metals and filler material, creating a strong and durable bond. These tools come in different designs and configurations to accommodate different welding techniques, materials, and applications. They play a critical role in the fabrication and repair of metal structures in industries such as construction, automotive, and manufacturing.

The global welding guns and torches market is expected to increase by USD 0.6 billion, at a compound annual growth rate (CAGR) of 5.5% from 2023 to 2029, according to the latest edition of the Global Welding Guns and Torches Market Report.

This comprehensive industry report provides market estimates and forecasts, accompanied by a detailed examination of the type, functionality, cooling system, end user, and region aspects. It delivers a quantitative analysis of the market, empowering stakeholders to leverage existing market opportunities. Furthermore, the report identifies key segments for potential opportunities and strategies, drawing insights from market trends and the approaches of leading competitors.

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The global market for welding guns and torches can be segmented by type: MIG guns, plasma torches, stick welders, TIG torches, others. The MIG guns segment captured the largest share of the market in 2022.

Welding guns and torches market is further segmented by functionality: manual, robotic, semi-automatic. The manual segment held the largest share of the global welding guns and torches market in 2022 and is anticipated to hold its share during the forecast period.

Based on cooling system, the welding guns and torches market is segmented into: air-cooled, water-cooled. In 2022, the air-cooled segment made up the largest share of revenue generated by the welding guns and torches market.

On the basis of end user, the welding guns and torches market also can be divided into: aerospace and defense, automotive and transporation, building and construction, energy, heavy fabrication, others. Among these, the heavy fabrication segment was accounted for the highest revenue generator in 2022.

Welding guns and torches market by region is categorized into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Asia-Pacific held the largest share in the global welding guns and torches market in 2022 and is projected to portray the fastest growth rate in the coming years.

The report also provides a detailed analysis of several leading welding guns and torches market vendors that include Alexander Binzel Schweisstechnik GmbH & Co. KG, American Torch Tip Company, Carl Cloos Schweisstechnik GmbH, CEA S.p.A., CK Worldwide, Inc., DINSE G.m.b.H., ESAB Corporation, EWM GmbH, Fronius International GmbH, Hypertherm, Inc., Illinois Tool Works Inc., Jasic Technology Company Ltd., Kemppi Oy, KUKA AG, Lincoln Electric Holdings, Inc., Lorch Schweisstechnik GmbH, Migatronic A/S, OTC DAIHEN ASIA Co., Ltd., Panasonic Connect Co., Ltd., SAS GYS, SKS Welding Systems GmbH, TBi Industries GmbH, TOKIN Corporation, Trafimet Group S.P.A., Translas B.V., voestalpine AG, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.

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Market Segments Covered in Global Welding Guns and Torches Industry Analysis:

i.) Type

• MIG guns
• Plasma torches
• Stick welders
• TIG torches
• Others

ii.) Functionality

• Manual
• Robotic
• Semi-automatic

iii.) Cooling system

• Air-cooled
• Water-cooled

iv.) End user

• Aerospace and defense
• Automotive and transporation
• Building and construction
• Energy
• Heavy fabrication
• Others

v.) Region

• North America
• Europe
• Asia-Pacific
• MEA (Middle East and Africa)
• Latin America