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Electrical Equipment and Appliances

Global Arc Welding Equipment Market...

Historical and Forecast Market Trends

2018-34

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The Asia Pacific and Europe are expected to dominate the arc welding equipment industry over the forecast period. This can be correlated to the rise in the number of construction projects. India and China are predicted to be the major market for the product in the Asia Pacific due to the rise in industrialisation.

The extreme shortage of skilled labours in the manufacturing industry has fuelled the automated arc welding equipment demand across the market. The adoption of automated arc welding equipment in the automotive industry to meet the rising demand for passenger cars is expected to bolster the market over the forecast period. Government investments in infrastructure development projects are predicted to further aid the arc welding equipment industry.

Manufacturers are focusing on robotic and automated arc welding equipment to maximize their profits. In 2016, The Lincoln Electric Company (NASDAQ: LECO) took possession of Vizient Manufacturing Solutions, a robotic and automated welding equipment manufacturing company. In 2017, Colfax Corporation (NASDAQ: CFX) acquired Siemens Turbomachinery Equipment GmbH (STE) division from Siemens AG (NASDAQ: SIEGY). Such mergers and acquisitions are expected to bolster the growth of the arc welding equipment industry.

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Market Analysis by Process, Level of Automation, Gases, Application, and Region:

  • The market, on the basis of process, can be divided into shielded metal arc welding, gas metal arc welding, flux core arc welding, gas tungsten arc welding, and submerged arc welding.
  • Based on level of automation, the industry can be divided into manual, automatic, and semi-automatic.
  • Based on gas, the market is categorised into argon, helium, hydrogen, carbon dioxide, oxygen, nitrogen, and others.
  • The application segments for arc welding equipment include energy and utilities, automotive, construction, aerospace and defence, shipbuilding, and others.
  • The regional markets for arc welding equipment include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The arc welding equipment industry is being driven by the rise in the number of infrastructural development projects.
  • The growing industrialisation, especially in the emerging economies, is also accelerating the industry growth.
  • The market is expected to receive a further boost from the automation advancements in the manufacturing industry.
  • The adoption of the product for the installation of solar and hybrid power stations is projected to further propel the industry forward.
  • Furthermore, the increasing demand for automated arc welding equipment in the automotive industry is expected to bolster the market over the forecast period.

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for arc welding equipment for the periods (2018-2023) and (2024-2032).
  • The report also offers the historical (2018-2023) and forecast (2024-2032) markets for the processes, levels of automation, gases, applications, and major regions of the arc welding equipment industry.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global arc welding equipment market are Colfax Corporation, Telwin Spa, The Lincoln Electric Company, L’air Liquide S.A, Arcon Welding Equipment, Automation International Inc., and Miller Electric Mfg. LLC, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

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Report Summary

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Process
  • Level of Automation
  • Gases
  • Application
  • Region
Breakup by Process
  • Shielded Metal Arc Welding
  • Gas Metal Arc Welding
  • Flux Core Arc Welding
  • Gas Tungsten Arc Welding
  • Submerged Arc Welding
Breakup by Level of Automation
  • Manual
  • Automatic
  • Semi-Automatic
Breakup by Gases
  • Argon
  • Helium
  • Hydrogen
  • Carbon Dioxide
  • Oxygen
  • Nitrogen
  • Others
Breakup by Application
  • Energy and Utilities
  • Automotive
  • Construction
  • Aerospace and Defence
  • Shipbuilding
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Colfax Corporation
  • Telwin Spa
  • The Lincoln Electric Company
  • Air Liquide S.A
  • Arcon Welding Equipment
  • Automation International Inc.
  • Miller Electric Mfg. LLC
  • Others
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