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The welding equipment market is forecasted to grow by USD 4.72 billion during 2023-2028, accelerating at a CAGR of 6.1% during the forecast period. The report on the welding equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by emergence of friction stir welding technology in automotive sector, increasing demand for wind farms, and emergence of laser welding equipment.
The welding equipment market is segmented as below:
By End-user
- Automotive
- Construction
- Aerospace and defense
- Shipbuilding
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the welding equipment market covers the following areas:
- Welding Equipment Market sizing
- Welding Equipment Market forecast
- Welding Equipment Market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global welding equipment market: Ador Welding Ltd., Amada Co. Ltd., Banner Welding Inc., Carl Cloos Schweisstechnik GmbH, Daihen Corp., Doncasters Group Ltd., Enovis Corp., Fronius International GmbH, Illinois Tool Works Inc., Kobe Steel Ltd., Kriton Weld Equipments Pvt. Ltd., Miller Electric Manufacturing Co., Mitco Weld Products Pvt. Ltd., Mogora Pvt. Ltd., OBARA Group Inc., Panasonic Holdings Corp., Sonics and Materials Inc., Telwin Spa, The Lincoln Electric Co., and voestalpine AG.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing adoption of automated solutions for welding."
According to the report, one of the major drivers for this market is the emergence of friction stir welding technology in automotive sector.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Ador Welding Ltd.
- Amada Co. Ltd.
- Banner Welding Inc.
- Carl Cloos Schweisstechnik GmbH
- Daihen Corp.
- Doncasters Group Ltd.
- Enovis Corp.
- Fronius International GmbH
- Illinois Tool Works Inc.
- Kobe Steel Ltd.
- Kriton Weld Equipments Pvt. Ltd.
- Miller Electric Manufacturing Co.
- Mitco Weld Products Pvt. Ltd.
- Mogora Pvt. Ltd.
- OBARA Group Inc.
- Panasonic Holdings Corp.
- Sonics and Materials Inc.
- Telwin Spa
- The Lincoln Electric Co.
- voestalpine AG
