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Welding Equipment Market Report by Technology (Manual, Semi-automatic, Fully Automatic), By End-use (Aerospace, Automotive, Building & Construction, Defense and Others)– Global Industry Perspective, Comprehensive Analysis and Forecast, 2021 – 2028

Published Date: 19-Apr-2021 Category: Heavy Industry Report Format : PDF Pages: 110 Report Code: ZMR-262 Status : Published

The Global Welding Equipment Market accounted for USD 10,547.0 Million in 2020 and is expected to reach USD 15,993.9 Million by 2028, growing at a CAGR of 5.6% from 2021 to 2028.

Description

Market Overview

The Global Welding Equipment Market accounted for USD 10,547.0 Million in 2020 and is expected to reach USD 15,993.9 Million by 2028, growing at a CAGR of 5.6% from 2021 to 2028.

Welding is utilized to fabricate two or more metals together. Majority of industrial products are manufactured by using the welding process Machines are used across various industries like automobile, heavy machinery, oil and gas etc. The rapid growth and demand from the developing countries like India, China, and South Korea etc. With the technological advances and safety in welding equipment market growth is pacing upward.

The demand for welding equipment in industries like ship building, railway, automobile sector etc. are growing positively. The technological progress in the laser welding and with automatic welding machines the manufacture can speed up the process.

COVID-19 Impact Analysis

The Global Welding Equipment Market is expected to witness a downturn in the sales of whey protein products for the short term owing to the restrictions imposed by nations in order to contain covid. The global movement was somewhat halted so the manufacture industry, shipping etc. where all not able to operate in full potential. Most of the companies operating in the Welding Equipment Market were not in operation during pandemic hence it affected the production cycle at the same time the demand for these products witnessed short downturn resulting in a disruption across the whole supply chain.

Global Welding Equipment Market

Growth Factors

Automatic welding machines are preferred across welding industries. They are being adopted on a large scale across industries to accelerate the production process and manufacture high-quality products with low human interaction between the machine and human. Manufacturing units across industries are installing automated welding assembly lines to attain maximum speed of the welding process and yield better products.

Various industries such as automotive and aerospace, construction are slowly moving towards automatic or semi-automatic machinery. Manufacturers of welding equipment are cautiously trying to come up with new and sophisticated machinery. Research to develop welding technology and equipment that can help in welding new types of materials used across various industries.

The automatic welding equipment’s are now days being preferred for its safety and it consumes less time compared to other equipment. Manufacturers are replacing their machines to automatic for their high quality product and less human interaction.

Various industries such as automotive and aerospace, construction are slowly moving towards automatic or semi-automatic machinery. Manufacturers of welding equipment are cautiously trying to come up with new and sophisticated machinery. New welding technology’s to weld new alloys or metals are researched, to make things durable.

Report Scope:

Application Segment Analysis Preview

Automotive is the largest product segment in welding products market and accounted for a revenue share of 31.28% in 2020. Application of the welding equipment market has been classified into Automotive, Machinery Manufacturing, building & construction, aerospace & defense, and others. The ship building companies require huge quantity of metals and alloys and to weld them together.

Building and construction accounted for 20.22% of market share in 2020. This is attributable to the rapid growth and demand from the developing countries like India, China, and South Korea etc. With the technological advances and safety in welding sector market growth is pacing upward.

Regional Analysis Preview

The APAC region held a share of 27.51% in 2020. This is attributable to the presence of top companies such as Air Liquide; ARCON Welding Equipment; voestalpine Böhler Welding GmbH. There is moderate increase in flux and filler materials to weld different metals and alloy heavy industries. The Asia pacific region has some of the largest and fastest growing economy. With increase in demand the companies are expanding to make a strong customer base.

The Europe region is projected to grow at a CAGR of 31.64% over the forecast period. This surge is due to the increasing and developing population of the area. The North American region is seeing growth in consumable items, automobile industry, housing and construction. Middle East and Africa are growing in a very moderate way due to lacking in technological advances.

Key Market Players & Competitive Landscape

Some of key players in Global Welding Equipment market are ACRO Automation Systems Inc.; Air Liquide; ARCON Welding Equipment Inc.; voestalpine Böhler Welding GmbH; Carl Cloos Schweisstechnik GmbH; Daihen Corporation; Illinois Tool Works Inc.; Panasonic Industry Europe GmbH; Coherent-ROFIN; Fronius: Colfax and amongst others. 

  • voestalpine Böhler Welding GmbH acquired selco s.r.l in March 2020 for strategic benefit and build a stronger customer base.

The Global Welding Equipment Market is segmented as follows:

By Technology

  • Manual
  • Semi-automatic
  • Fully Automatic

By Application

  • Aerospace
  • Automotive
  • Building & Construction
  • Defense
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter No. 1 : Introduction
    • 1.1. Report Description
      • 1.1.1. Purpose of the Report
      • 1.1.2. USP & Key Offerings
    • 1.2. Key Benefits for Stakehulders
    • 1.3. Target Audience
    • 1.4. Report Scope
  • Chapter No. 2 : Executive Summary
    • 2.1. Key Findings
      • 2.1.1. Top Investment Pockets
        • 2.1.1.1. Market Attractiveness Analysis, By Component
        • 2.1.1.2. Market Attractiveness Analysis, By Application
        • 2.1.1.3. Market Attractiveness Analysis, By End Use Industry
        • 2.1.1.4. Market Attractiveness Analysis, By Region
    • 2.2. Market Snapshot
    • 2.3. Global Welding Equipment Market, 2016 – 2028 ()
    • 2.4. Insights from Primary Respondents
  • Chapter No. 3 : COVID 19 Impact Analysis
    • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
      • 3.1.1. North America
      • 3.1.2. Europe
      • 3.1.3. Asia Pacific
      • 3.1.4. Latin America
      • 3.1.5. Middle East & Africa
    • 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
    • 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 ()
    • 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 ()
    • 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
      • 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
    • 3.6. Short Term Dynamics
    • 3.7. Long Term Dynamics
  • Chapter No. 4 : Welding Equipment Market – Component Segment Analysis
    • 4.1. Overview
      • 4.1.1. Market Revenue Share, By Component, 2020 & 2028
    • 4.2. Software
      • 4.2.1. Market Size and Forecast, By Region ()
      • 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.3. Service
      • 4.3.1. Market Size and Forecast, By Region, 2016 – 2028 ()
      • 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.3.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 5 : Welding Equipment Market – Application Segment Analysis
    • 5.1. Overview
      • 5.1.1. Market Revenue Share, By Application, 2020 & 2028
    • 5.2. Marketing
      • 5.2.1. Market Size and Forecast, By Region, 2016 – 2028 ()
      • 5.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.3. Operations
      • 5.3.1. Market Size and Forecast, By Region, 2016 – 2028 ()
      • 5.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.4. Finance
      • 5.4.1. Market Size and Forecast, By Region, 2016 – 2028 ()
      • 5.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.5. Human Resource
      • 5.5.1. Market Size and Forecast, By Region, 2016 – 2028 ()
      • 5.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.5.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.6. Others
      • 5.6.1. Market Size and Forecast, By Region, 2016 – 2028 ()
      • 5.6.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.6.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 6 : Welding Equipment Market – End Use Industry Segment Analysis
    • 6.1. Overview
      • 6.1.1. Market Revenue Share, By End Use Industry, 2020 & 2028
    • 6.2. Manufacturing
      • 6.2.1. Market Size and Forecast, By Region, 2016 – 2028 ()
      • 6.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.3. Hospitality
      • 6.3.1. Market Size and Forecast, By Region, 2016 – 2028 ()
      • 6.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.4. BFSI
      • 6.4.1. Market Size and Forecast, By Region, 2016 – 2028 ()
      • 6.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.5. Retail
      • 6.5.1. Market Size and Forecast, By Region, 2016 – 2028 ()
      • 6.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.5.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.6. IT & Telecom
      • 6.6.1. Market Size and Forecast, By Region, 2016 – 2028 ()
      • 6.6.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.6.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.7. Others
      • 6.7.1. Market Size and Forecast, By Region, 2016 – 2028 ()
      • 6.7.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.7.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 7 : Welding Equipment Market – Regional Analysis
    • 7.1. Overview
      • 7.1.1. Global Market Revenue Share, By Region, 2020 & 2028
      • 7.1.2. Global Market Revenue, By Region, 2016 – 2028 ()
    • 7.2. North America
      • 7.2.1. North America Market Revenue, By Country, 2016 – 2028 ()
      • 7.2.2. North America Market Revenue, By Component, 2016 – 2028
      • 7.2.3. North America Market Revenue, By Application, 2016 – 2028
      • 7.2.4. North America Market Revenue, By End Use Industry, 2016 – 2028
      • 7.2.5. U.S.
        • 7.2.5.1. U.S. Market Revenue, By Component, 2016 – 2028
        • 7.2.5.2. U.S. Market Revenue, By Application, 2016 – 2028
        • 7.2.5.3. U.S. Market Revenue, By End Use Industry, 2016 – 2028
      • 7.2.6. Canada
        • 7.2.6.1. Canada Market Revenue, By Component, 2016 – 2028
        • 7.2.6.2. Canada Market Revenue, By Application, 2016 – 2028
        • 7.2.6.3. Canada Market Revenue, By End Use Industry, 2016 – 2028
      • 7.2.7. Mexico
        • 7.2.7.1. Mexico Market Revenue, By Component, 2016 – 2028
        • 7.2.7.2. Mexico Market Revenue, By Application, 2016 – 2028
        • 7.2.7.3. Mexico Market Revenue, By End Use Industry, 2016 – 2028
    • 7.3. Europe
      • 7.3.1. Europe Market Revenue, 2016 - 2028 ()
      • 7.3.2. Europe Market Revenue, By Country, 2016 – 2028 ()
      • 7.3.3. Europe Market Revenue, By Component, 2016 – 2028
      • 7.3.4. Europe Market Revenue, By Application, 2016 – 2028
      • 7.3.5. Europe Market Revenue, By End Use Industry, 2016 – 2028
      • 7.3.6. Germany
        • 7.3.6.1. Germany Market Revenue, By Component, 2016 – 2028
        • 7.3.6.2. Germany Market Revenue, By Application, 2016 – 2028
        • 7.3.6.3. Germany Market Revenue, By End Use Industry, 2016 – 2028
      • 7.3.7. France
        • 7.3.7.1. France Market Revenue, By Component, 2016 – 2028
        • 7.3.7.2. France Market Revenue, By Application, 2016 – 2028
        • 7.3.7.3. France Market Revenue, By End Use Industry, 2016 – 2028
      • 7.3.8. U.K.
        • 7.3.8.1. U.K. Market Revenue, By Component, 2016 – 2028
        • 7.3.8.2. U.K. Market Revenue, By Application, 2016 – 2028
        • 7.3.8.3. U.K. Market Revenue, By End Use Industry, 2016 – 2028
      • 7.3.9. Italy
        • 7.3.9.1. Italy Market Revenue, By Component, 2016 – 2028
        • 7.3.9.2. Italy Market Revenue, By Application, 2016 – 2028
        • 7.3.9.3. Italy Market Revenue, By End Use Industry, 2016 – 2028
      • 7.3.10. Spain
        • 7.3.10.1. Spain Market Revenue, By Component, 2016 – 2028
        • 7.3.10.2. Spain Market Revenue, By Application, 2016 – 2028
        • 7.3.10.3. Spain Market Revenue, By End Use Industry, 2016 – 2028
      • 7.3.11. Rest of Europe
        • 7.3.11.1. Rest of Europe Market Revenue, By Component, 2016 – 2028
        • 7.3.11.2. Rest of Europe Market Revenue, By Application, 2016 – 2028
        • 7.3.11.3. Rest of Europe Market Revenue, By End Use Industry, 2016 – 2028
    • 7.4. Asia Pacific
      • 7.4.1. Asia Pacific Market Revenue, 2016 - 2028 ()
      • 7.4.2. Asia Pacific Market Revenue, By Country, 2016 – 2028 ()
      • 7.4.3. Asia Pacific Market Revenue, By Component, 2016 – 2028
      • 7.4.4. Asia Pacific Market Revenue, By Application, 2016 – 2028
      • 7.4.5. Asia Pacific Market Revenue, By End Use Industry, 2016 – 2028
      • 7.4.6. China
        • 7.4.6.1. China Market Revenue, By Component, 2016 – 2028
        • 7.4.6.2. China Market Revenue, By Application, 2016 – 2028
        • 7.4.6.3. China Market Revenue, By End Use Industry, 2016 – 2028
      • 7.4.7. Japan
        • 7.4.7.1. Japan Market Revenue, By Component, 2016 – 2028
        • 7.4.7.2. Japan Market Revenue, By Application, 2016 – 2028
        • 7.4.7.3. Japan Market Revenue, By End Use Industry, 2016 – 2028
      • 7.4.8. India
        • 7.4.8.1. India Market Revenue, By Component, 2016 – 2028
        • 7.4.8.2. India Market Revenue, By Application, 2016 – 2028
        • 7.4.8.3. India Market Revenue, By End Use Industry, 2016 – 2028
      • 7.4.9. South Korea
        • 7.4.9.1. South Korea Market Revenue, By Component, 2016 – 2028
        • 7.4.9.2. South Korea Market Revenue, By Application, 2016 – 2028
        • 7.4.9.3. South Korea Market Revenue, By End Use Industry, 2016 – 2028
      • 7.4.10. South-East Asia
        • 7.4.10.1. South-East Asia Market Revenue, By Component, 2016 – 2028
        • 7.4.10.2. South-East Asia Market Revenue, By Application, 2016 – 2028
        • 7.4.10.3. South-East Asia Market Revenue, By End Use Industry, 2016 – 2028
      • 7.4.11. Rest of Asia Pacific
        • 7.4.11.1. Rest of Asia Pacific Market Revenue, By Component, 2016 – 2028
        • 7.4.11.2. Rest of Asia Pacific Market Revenue, By Application, 2016 – 2028
        • 7.4.11.3. Rest of Asia Pacific Market Revenue, By End Use Industry, 2016 – 2028
    • 7.5. Latin America
      • 7.5.1. Latin America Market Revenue, 2016 - 2028 ()
      • 7.5.2. Latin America Market Revenue, By Country, 2016 – 2028 ()
      • 7.5.3. Latin America Market Revenue, By Component, 2016 – 2028
      • 7.5.4. Latin America Market Revenue, By Application, 2016 – 2028
      • 7.5.5. Latin America Market Revenue, By End Use Industry, 2016 – 2028
      • 7.5.6. Brazil
        • 7.5.6.1. Brazil Market Revenue, By Component, 2016 – 2028
        • 7.5.6.2. Brazil Market Revenue, By Application, 2016 – 2028
        • 7.5.6.3. Brazil Market Revenue, By End Use Industry, 2016 – 2028
      • 7.5.7. Argentina
        • 7.5.7.1. Argentina Market Revenue, By Component, 2016 – 2028
        • 7.5.7.2. Argentina Market Revenue, By Application, 2016 – 2028
        • 7.5.7.3. Argentina Market Revenue, By End Use Industry, 2016 – 2028
      • 7.5.8. Rest of Latin America
        • 7.5.8.1. Rest of Latin America Market Revenue, By Component, 2016 – 2028
        • 7.5.8.2. Rest of Latin America Market Revenue, By Application, 2016 – 2028
        • 7.5.8.3. Rest of Latin America Market Revenue, By End Use Industry, 2016 – 2028
    • 7.6. Middle East & Africa
      • 7.6.1. Middle East & Africa Market Revenue, 2016 - 2028 ()
      • 7.6.2. Middle East & Africa Market Revenue, By Component, 2016 – 2028
      • 7.6.3. Middle East & Africa Market Revenue, By Application, 2016 – 2028
      • 7.6.4. Middle East & Africa Market Revenue, By End Use Industry, 2016 – 2028
  • Chapter No. 8 : Welding Equipment Market – Industry Analysis
    • 8.1. Introduction
    • 8.2. Market Drivers
      • 8.2.1. Driving Factor 1 Analysis
      • 8.2.2. Driving Factor 2 Analysis
    • 8.3. Market Restraints
      • 8.3.1. Restraining Factor Analysis
    • 8.4. Market Opportunities
      • 8.4.1. Market Opportunity Analysis
    • 8.5. Porter’s Five Forces Analysis
    • 8.6. PEST Analysis
    • 8.7. Regulatory Landscape
    • 8.8. Technulogy Landscape
    • 8.9. Regional Market Trends
      • 8.9.1. North America
      • 8.9.2. Europe
      • 8.9.3. Asia Pacific
      • 8.9.4. Latin America
      • 8.9.5. Middle East & Africa
    • 8.10. Pricing Analysis
    • 8.11. Value Chain Analysis
    • 8.12. Downstream Buyers
    • 8.13. Distributors/Traders List
  • Chapter No. 9 : Competitive Landscape
    • 9.1. Company Market Share Analysis – 2019
      • 9.1.1. Global Welding Equipment Market: Company Market Share, 2019
      • 9.1.2. Global Welding Equipment Market, Company Market Revenue, 2016 – 2019 ()
      • 9.1.3. Global Welding Equipment Market, Company Y-o-Y Growth, 2017 – 2019 (%)
      • 9.1.4. Global Welding Equipment Market: Radar Determinant Chart, 2019
    • 9.2. Strategic Developments
      • 9.2.1. Acquisitions & Mergers
      • 9.2.2. New Product Launch
      • 9.2.3. Regional Expansion
    • 9.3. Company Strategic Developments – Heat Map Analysis
  • Chapter No. 10 : Company Profiles
    • 10.1. Oracle Corporation
      • 10.1.1. Company Overview
      • 10.1.2. Key Executives
      • 10.1.3. Product Portfulio
      • 10.1.4. Financial Overview
      • 10.1.5. Operating Business Segments
      • 10.1.6. Business Performance
      • 10.1.7. Recent Developments
    • 10.2. SAP SE
    • 10.3. SAS Institute, Inc.
    • 10.4. Capgemini
    • 10.5. CA Technulogies
    • 10.6. Workiva
    • 10.7. IBM Corporation
    • 10.8. Emtec
    • 10.9. The Hackett Group
    • 10.10. MicroStrategy, Inc.
  • Chapter No. 11 : Marketing Strategy Analysis
    • 11.1. Marketing Channel
    • 11.2. Direct Marketing
    • 11.3. Indirect Marketing
    • 11.4. Marketing Channel Development Trends
    • 11.5. Economic/Pulitical Environmental Change
  • Chapter No. 12 : Research Methodulogy
    • 12.1. Research Methodulogy
    • 12.2. Phase I - Secondary Research
    • 12.3. Phase II - Data Modeling
      • 12.3.1. Company Share Analysis Model
      • 12.3.2. Revenue Based Modeling
    • 12.4. Phase III - Primary Research
    • 12.5. Research Limitations
      • 12.5.1. Assumptions

Methodology


Frequently Asked Questions

the global Welding Equipment Market was valued at USD 10,547.0 Million in 2020.

The global Welding Equipment Market is expected to reach USD 15,993.9 Million by 2028, growing at a CAGR of 5.6%  between 2021 to 2028.

Some of the key factors driving the global Welding Equipment Market growth are The rapid growth and demand from the developing countries like India, China, South Korea etc. With the technological advances and safety in welding sector market growth is pacing upward.

The APAC region held a share of 27.51% in 2020 global Welding Equipment market. 

Some of the major companies operating in the global Welding Equipment market are ACRO Automation Systems Inc.; Air Liquide; ARCON Welding Equipment Inc.; voestalpine Böhler Welding GmbH; Carl Cloos Schweisstechnik GmbH; Daihen Corporation; Illinois Tool Works Inc.; Panasonic Industry Europe GmbH; Coherent-ROFIN; Fronius: Colfax and amongst others.

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