Global MIG Welding Equipment Market Growth 2023-2029
MIG welding equipment consists of a welding gun, a power supply, a shielding gas supply, and a wire-drive system that pulls the wire electrode from a spool and pushes it through a welding gun.
LPI (LP Information)' newest research report, the “MIG Welding Equipment Industry Forecast” looks at past sales and reviews total world MIG Welding Equipment sales in 2022, providing a comprehensive analysis by region and market sector of projected MIG Welding Equipment sales for 2023 through 2029. With MIG Welding Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world MIG Welding Equipment industry.
This Insight Report provides a comprehensive analysis of the global MIG Welding Equipment 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 MIG Welding Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global MIG Welding Equipment market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for MIG Welding Equipment 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 MIG Welding Equipment.
The global MIG Welding Equipment market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for MIG Welding Equipment is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for MIG Welding Equipment is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for MIG Welding Equipment is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key MIG Welding Equipment players cover Lincoln Electric, Miller Electric, Hobart Welders, Tooliom, Panasonic, OTC DAIHEN Asia Co.,Ltd., Fronius, Auweld and CEA, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of MIG Welding Equipment market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Constant-Current Power Supply
Constant-Voltage Power Supply
Segmentation by application
Automotive Industry
Industrial Manufacturing
Construction
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.
Lincoln Electric
Miller Electric
Hobart Welders
Tooliom
Panasonic
OTC DAIHEN Asia Co.,Ltd.
Fronius
Auweld
CEA
Hugong
Aotai Electric Co
Amico Electric
Longevity Welder
UNIMIG
Key Questions Addressed in this Report
What is the 10-year outlook for the global MIG Welding Equipment market?
What factors are driving MIG Welding Equipment market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do MIG Welding Equipment market opportunities vary by end market size?
How does MIG Welding Equipment 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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