Global Welding Torch and Wear Parts Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Welding Torch and Wear Parts Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

A welding torch is a handheld tool used in various welding processes to generate and control the flame necessary to melt and join metal workpieces together. It typically consists of a handle, a trigger or valve for controlling the flow of fuel gas (such as acetylene or propane) and oxygen, and a nozzle or tip where the gases mix and ignite to produce the welding flame. "Wear parts" in the context of a welding torch refer to the components that are subject to wear and tear during the welding process and may need periodic replacement to maintain the torch's performance and efficiency.

According to our (Global Info Research) latest study, the global Welding Torch and Wear Parts market size was valued at US$ 1314 million in 2023 and is forecast to a readjusted size of USD 1751 million by 2030 with a CAGR of 4.1% during review period.

Global key players of Welding Torch and Wear Parts include Lincoln Electric, Illinois Tool Works, Fronius International, Abicor Binzel, Panasonic, etc. The top five players hold a share over 40%. Asia-Pacific is the largest market, and has a share about 46%, followed by Europe and North America with share 24% and 19%, separately. In terms of product type, MIG/MAG is the largest segment, occupied for a share of 51%. In terms of application, Construction has a share about 33 percent.

This report is a detailed and comprehensive analysis for global Welding Torch and Wear Parts 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 Welding Torch and Wear Parts market size and forecasts, in consumption value ($ Million), sales quantity (K Sets), and average selling prices (US$/Set), 2019-2030

Global Welding Torch and Wear Parts market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Sets), and average selling prices (US$/Set), 2019-2030

Global Welding Torch and Wear Parts market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Sets), and average selling prices (US$/Set), 2019-2030

Global Welding Torch and Wear Parts market shares of main players, shipments in revenue ($ Million), sales quantity (K Sets), and ASP (US$/Set), 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 Welding Torch and Wear Parts

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 Welding Torch and Wear Parts 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 Lincoln Electric, Illinois Tool Works, Abicor Binzel, Fronius International, ESAB, Panasonic, American Torch Tip, SKS Welding Systems, Sumig, Dinse, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Welding Torch and Wear Parts 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
MIG/MAG
TIG
Others

Market segment by Application
Construction
Automotive
Heavy Equipment
Electronics, Medical and Precision Instruments
Energy and Chemical
Other Transport
Others

Major players covered
Lincoln Electric
Illinois Tool Works
Abicor Binzel
Fronius International
ESAB
Panasonic
American Torch Tip
SKS Welding Systems
Sumig
Dinse
Cloos
Tokin
EWM
Migatronic
Riconlas

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 Welding Torch and Wear Parts product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Welding Torch and Wear Parts, with price, sales quantity, revenue, and global market share of Welding Torch and Wear Parts from 2019 to 2024.

Chapter 3, the Welding Torch and Wear Parts competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Welding Torch and Wear Parts 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 Welding Torch and Wear Parts 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 Welding Torch and Wear Parts.

Chapter 14 and 15, to describe Welding Torch and Wear Parts sales channel, distributors, customers, research findings and conclusion.