Global MAG Welding Torches Market Growth 2023-2029
MAG Welding Torch includes a handle for supporting, operating and positioning the welding torch during the welding process. This handle is composed of a fuselage and a grip. The grip is used to support the gun body. The role of the shaft. One end of the grip has a rotating shaft, and the other end of the grip can keep a certain distance from the gun body, so that when the hand grips the grip, it is just a suitable position between the gun body and the grip.
LPI (LP Information)' newest research report, the “MAG Welding Torches Industry Forecast” looks at past sales and reviews total world MAG Welding Torches sales in 2022, providing a comprehensive analysis by region and market sector of projected MAG Welding Torches sales for 2023 through 2029. With MAG Welding Torches sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world MAG Welding Torches industry.
This Insight Report provides a comprehensive analysis of the global MAG Welding Torches landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on MAG Welding Torches portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global MAG Welding Torches market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for MAG Welding Torches and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global MAG Welding Torches.
The global MAG Welding Torches market size is projected to grow from US$ 389.3 million in 2022 to US$ 574.1 million in 2029; it is expected to grow at a CAGR of 574.1 from 2023 to 2029.
Global MAG welding torches main players include ABICOR BINZEL, ESAB Group, Lincoln Electric, Panasonic Welding Systems,Fronius International, Kemppi, Tokin Corporation, Huarui Welding & Cutting Machinery, North Welding Tools Company, DINSE, SUMIG, CLOOS, Migatronic, SKS Welding Systems, Parker Torchology, EWM, Lorch, etc., totally accounting for about 48%. Europe is the largest market, with a share over 33%. As for the types of products, it can be divided into air cooled and water cooled. Air cooled is the largest segment, holding a share about 80%. In terms of application, it is widely used in general industry, construction, automotive, energy industry and others. The most common application is in general industry, taking a share over 28%.
This report presents a comprehensive overview, market shares, and growth opportunities of MAG Welding Torches market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Air Cooled
Water Cooled
Segmentation by application
General Industry
Construction
Automotive
Energy Industry
Others
This report also splits the market 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
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ABICOR BINZEL
ESAB Group
Lincoln Electric
Panasonic Welding Systems
Fronius International
Kemppi
Tokin Corporation
Huarui Welding & Cutting Machinery
North Welding Tools Company
DINSE
SUMIG
CLOOS
Migatronic
SKS Welding Systems
Parker Torchology
EWM
Lorch
Key Questions Addressed in this Report
What is the 10-year outlook for the global MAG Welding Torches market?
What factors are driving MAG Welding Torches market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do MAG Welding Torches market opportunities vary by end market size?
How does MAG Welding Torches break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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