Global Welding Machines Market Growth 2023-2029

Global Welding Machines Market Growth 2023-2029

Welding Equipment is a welded tool used in the welding process, mainly includes arc welding.
Welding is defined as a process where two or more pieces of metal or thermoplastics are fastened together by use of heat and pressure. The process of applying heat softens the material and enables it to affix together as one in a joint area when an adequate amount of pressure is applied.
LPI (LP Information)' newest research report, the “Welding Machines Industry Forecast” looks at past sales and reviews total world Welding Machines sales in 2022, providing a comprehensive analysis by region and market sector of projected Welding Machines sales for 2023 through 2029. With Welding Machines sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Welding Machines industry.
This Insight Report provides a comprehensive analysis of the global Welding Machines 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 Welding Machines portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Welding Machines market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Welding Machines 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 Welding Machines.
The global Welding Machines market size is projected to grow from US$ 9997.7 million in 2022 to US$ 13010 million in 2029; it is expected to grow at a CAGR of 13010 from 2023 to 2029.
Global key players of Welding Machines include Colfax, Lincoln Electric, etc. Global top 3 companies hold a share about 30%. Asia-Pacific is the largest market, with a share about 35%, followed by Europe and North America with the share about 30% and 20%. In terms of product, MIG/MAG is the largest segment, with a share about 50%. And in terms of application, the largest application is Construction, with a share about 35%.
This report presents a comprehensive overview, market shares, and growth opportunities of Welding Machines market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
MIG/MAG
MMA
TIG
Others
Segmentation by application
Construction
Automotive
Heavy Equipment
Electronics, Medical and Precision Instruments
Energy and Chemical
Other Transport
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.
Colfax
Lincoln Electric
Illinois Tool Works
Daihen
Panasonic
Stanley Black & Decker
Fronius International
Carl Cloos Schweisstechnik
Hugong
Jasic Technology
EWM
Kende
Kemppi
Riland
Hutong
Aotai Electric
Denyo
Telwin
Beijing Time Technologies
Kaierda
CEA Weld
Aitel Welder
Key Questions Addressed in this Report
What is the 10-year outlook for the global Welding Machines market?
What factors are driving Welding Machines market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Welding Machines market opportunities vary by end market size?
How does Welding Machines 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.