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The welding power supply market is forecasted to grow by USD 2.99 billion during 2023-2028, accelerating at a CAGR of 6.6% during the forecast period. The report on the welding power supply 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 energy efficiency due to inverter-based welding power supply, rising demand from construction industry, and increasing import of steel in us.
The welding power supply market is segmented as below:
By End-user
- Automotive
- Construction
- Shipbuilding
- Aerospace and defense
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the welding power supply market covers the following areas:
- Welding Power Supply Market sizing
- Welding Power Supply Market forecast
- Welding Power Supply 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 power supply market: Ador Welding Ltd., AXXAIR, Dukane IAS LLC, Enovis Corp., Fronius International GmbH, GALA GAR SL, HBS Bolzenschweiss Systeme GmbH and Co. KG, Illinois Tool Works Inc., Jasic Technology Co., Ltd., Kemppi Oy, KUHTREIBER Ltd., MTM Power Messtechnik Mellenbach GmbH, Orbitec GmbH, Panasonic Holdings Corp., Rinco Ultrasonics AG, Telwin Spa, The Lincoln Electric Co., Weber Ultrasonics AG, and XP Power.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is adoption of magnesium alloy in automotive welding industry."
According to the report, one of the major drivers for this market is the energy efficiency due to inverter-based welding power supply.
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.
- AXXAIR
- Dukane IAS LLC
- Enovis Corp.
- Fronius International GmbH
- GALA GAR SL
- HBS Bolzenschweiss Systeme GmbH and Co. KG
- Illinois Tool Works Inc.
- Jasic Technology Co. Ltd.
- Kemppi Oy
- KUHTREIBER Ltd.
- MTM Power Messtechnik Mellenbach GmbH
- Orbitec GmbH
- Panasonic Holdings Corp.
- Rinco Ultrasonics AG
- Telwin Spa
- The Lincoln Electric Co.
- Weber Ultrasonics AG
- XP Power
