The global Welding Equipment market is expected to be around US$ 14.80 Billion by 2027 at a CAGR of 6.5% in the given forecast period.
Welding equipment technology is generally used for the assembly of two or more material on a permanent basis. This is implemented in small- or large-scale industries to weld metal or thermoplastics This assembly process is also used to renovate and repair metal products. Welding is done in all possible media such as in space, underwater, and air. Various welding equipment such as gas flames, electric arcs, friction, molten metal baths, lasers, ultrasound, electron beams, and electric resistance are used.
Growing demand for welding equipment across applications such as shipbuilding, offshore exploration, oil & gas, aerospace, automotive, construction, and energy. Also, the shift in consumer preference from manual machines to automated machines is fuelling the demand for this equipment, is expected to continue to drive the overall demand for this equipment over the forecast period.
The global Welding Equipment market is segregated on the basis of Type as Oxy-Fuel Welding, Arc Welding, Laser Beam Welding, Resistance Welding, and Others. Based on Application the global Welding Equipment market is segmented in Transportation, Building & Construction, Aerospace, Defense, and Automobile.
The global Welding Equipment market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Welding Equipment market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Sonics and Materials Inc., Rofin-Sinar Technologies, DAIHEN Corporation Inc., Fronius International GmbH., Lincoln Electric Company, Voestalpine AG, Obara Corporation, Illinois Tool Works Inc., Panasonic Corporation, Arcon Welding Equipment, and others are among the major players in the global Welding Equipment market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Welding Equipment Market has been segmented as below:
Welding Equipment Market, By Type
Welding Equipment Market, By Application
Welding Equipment Market, By Region
Welding Equipment Market, By Company
The report covers:
Report Scope:
The global Welding Equipment market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Welding Equipment market share. Major industry players with significant revenue share include Sonics and Materials Inc., Rofin-Sinar Technologies, DAIHEN Corporation Inc., Fronius International GmbH., Lincoln Electric Company, Voestalpine AG, Obara Corporation, Illinois Tool Works Inc., Panasonic Corporation, Arcon Welding Equipment, and others.
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach – Segmental Market Analysis
2.5.2 Top-Down Approach – Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter’s Five Force Analysis
5. Welding Equipment Market, By Type
5.1 Introduction
5.2 Oxy-Fuel Welding
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Arc Welding
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Laser Beam Welding
5.4.1 Market Overview
5.4.2 Market Size and Forecast
5.5 Resistance Welding
5.5.1 Market Overview
5.5.2 Market Size and Forecast
5.6 Others
5.6.1 Market Overview
5.6.2 Market Size and Forecast
6. Welding Equipment Market, By Application
6.1 Introduction
6.2 Transportation
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Building & Construction
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Aerospace
6.4.1 Market Overview
6.4.2 Market Size and Forecast
6.5 Defense
6.5.1 Market Overview
6.5.2 Market Size and Forecast
6.6 Automobile
6.6.1 Market Overview
6.6.2 Market Size and Forecast
7. Welding Equipment Market, By Geography
7.1 Introduction
7.2 North America
7.2.1 North America Welding Equipment, By Type
7.2.2 North America Welding Equipment, By Application
7.3 Europe
7.3.1 Europe Welding Equipment, By Type
7.3.2 Europe Welding Equipment, By Application
7.4 Asia-Pacific
7.4.1 Asia-Pacific Welding Equipment, By Type
7.4.2 Asia-Pacific Welding Equipment, By Application
7.5 Rest of the World
7.5.1 Rest of the World Welding Equipment, By Type
7.5.2 Rest of the World Welding Equipment, By Application
8. Competitive Insights
8.1 Key Insights
8.2 Company Market Share Analysis
8.3 Strategic Outlook
8.3.1 Mergers & Acquisitions
8.3.2 New Product Development
8.3.3 Portfolio/Production Capacity Expansions
8.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
8.3.5 Others
9. Company Profiles
9.1 Sonics and Materials Inc.
9.1.1 Company Overview
9.1.2 Product/Service Landscape
9.1.3 Financial Overview
9.1.4 Recent Developments
9.2 Rofin-Sinar Technologies
9.2.1 Company Overview
9.2.2 Product/Service Landscape
9.2.3 Financial Overview
9.2.4 Recent Developments
9.3 DAIHEN Corporation Inc.
9.3.1 Company Overview
9.3.2 Product/Service Landscape
9.3.3 Financial Overview
9.3.4 Recent Developments
9.4 Fronius International GmbH.
9.4.1 Company Overview
9.4.2 Product/Service Landscape
9.4.3 Financial Overview
9.4.4 Recent Developments
9.5 Lincoln Electric Company
9.5.1 Company Overview
9.5.2 Product/Service Landscape
9.5.3 Financial Overview
9.5.4 Recent Developments
9.6 Voestalpine AG
9.6.1 Company Overview
9.6.2 Product/Service Landscape
9.6.3 Financial Overview
9.6.4 Recent Developments
9.7 Obara Corporation
9.7.1 Company Overview
9.7.2 Product/Service Landscape
9.7.3 Financial Overview
9.7.4 Recent Developments
9.8 Illinois Tool Works Inc.
9.8.1 Company Overview
9.8.2 Product/Service Landscape
9.8.3 Financial Overview
9.8.4 Recent Developments
9.9 Panasonic Corporation
9.9.1 Company Overview
9.9.2 Product/Service Landscape
9.9.3 Financial Overview
9.9.4 Recent Developments
9.10 Arcon Welding Equipment
9.10.1 Company Overview
9.10.2 Product/Service Landscape
9.10.3 Financial Overview
9.10.4 Recent Developments
The Welding Equipment Market has been segmented as below:
Welding Equipment Market, By Type
Welding Equipment Market, By Application
Welding Equipment Market, By Region
Welding Equipment Market, By Company
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