Global Welding Gun & Torch Report: Trends, Forecast and Competitive Analysis to 2030

Global Welding Gun & Torch Report: Trends, Forecast and Competitive Analysis to 2030

Welding Gun & Torch Trends and Forecast

The future of the global welding gun & torch market looks promising with opportunities in the heavy fabrication, automotive & transportation, construction, energy, and defense & aerospace markets. The global welding gun & torch market is expected to grow with a CAGR of 6.2% from 2024 to 2030. The major drivers for this market are improvements in welding procedures and the welding industry's growing automation and growing need for maintenance and fixes across all sectors.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Welding Gun & Torch by Segment

The study includes a forecast for the global welding gun & torch by cooling method, functionality, distribution channel, end use industry, and region.

Global Welding Gun & Torch by Cooling Method [Shipment Analysis by Value from 2018 to 2030]:

• Gas-Cooled
• Water-Cooled

Global Welding Gun & Torch by Functionality [Shipment Analysis by Value from 2018 to 2030]:

• Manual
• Robotic
• Semi-Automatic

Global Welding Gun & Torch by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]:

• Direct Channel
• Indirect Channel

Global Welding Gun & Torch by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• Heavy Fabrication
• Automotive & Transportation
• Construction
• Energy
• Defense & Aerospace
• Other

Global Welding Gun & Torch by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Welding Gun & Torch Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies welding gun & torch companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the welding gun & torch companies profiled in this report include-

• ESAB
• Fronius
• Illinois Tool Works
• Lincoln Electric
• Panasonic Connect

Global Welding Gun & Torch Insights

Lucintel forecasts that gas-cooled is expected to witness largest growth over the forecast period due to convenience and versatile applications.

Within this market, heavy fabrication will remain the largest segment due to continual application of welding in various industries.

APAC is expected to witness highest growth over the forecast period due to strong need for welding guns and torches in India, China, and Japan, where manufacturing sectors are expanding significantly.

Features of the Global Welding Gun & Torch

Market Size Estimates: Welding gun & torch market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Welding gun & torch market size by various segments, such as by cooling method, functionality, distribution channel, end use industry, and region in terms of value ($B).

Regional Analysis: Welding gun & torch market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different cooling method, functionality, distribution channel, end use industry, and regions for the global welding gun & torch market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the global welding gun & torch market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the growth forecast for global welding gun & torch market?

Answer: The global welding gun & torch market is expected to grow with a CAGR of 6.2% from 2024 to 2030.

Q2. What are the major drivers influencing the growth of the global welding gun & torch market?

Answer: The major drivers for this market are improvements in welding procedures and the welding industry's growing automation and growing need for maintenance and fixes across all sectors.

Q3. What are the major segments for global welding gun & torch market?

Answer: The future of the global welding gun & torch market looks promising with opportunities in the heavy fabrication, automotive & transportation, construction, energy, and defense & aerospace markets.

Q4. Who are the key global welding gun & torch market companies?

Answer: Some of the key welding gun & torch companies are as follows:

• ESAB
• Fronius
• Illinois Tool Works
• Lincoln Electric
• Panasonic Connect

Q5. Which global welding gun & torch market segment will be the largest in future?

Answer: Lucintel forecasts that gas-cooled is expected to witness largest growth over the forecast period due to convenience and versatile applications.

Q6. In global welding gun & torch market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to strong need for welding guns and torches in India, China, and Japan, where manufacturing sectors are expanding significantly.

Q7. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the global welding gun & torch market by cooling method (gas-cooled and water-cooled), functionality (manual, robotic, and semi-automatic), distribution channel (direct channel and indirect channel), end use industry (heavy fabrication, automotive & transportation, construction, energy, defense & aerospace, and other), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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