Welding Gun & Torch Trends and Forecast
The future of the global welding gun & torch market looks promising with opportunities in the heavy fabrication, automotive & transportation, construction, energy, and defense & aerospace markets. The global welding gun & torch market is expected to grow with a CAGR of 6.2% from 2024 to 2030. The major drivers for this market are improvements in welding procedures and the welding industry's growing automation and growing need for maintenance and fixes across all sectors.Welding Gun & Torch by Segment
The study includes a forecast for the global welding gun & torch by cooling method, functionality, distribution channel, end use industry, and region.Global Welding Gun & Torch by Cooling Method [Shipment Analysis by Value from 2018 to 2030]
- Gas-Cooled
- Water-Cooled
Global Welding Gun & Torch by Functionality [Shipment Analysis by Value from 2018 to 2030]
- Manual
- Robotic
- Semi-Automatic
Global Welding Gun & Torch by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]
- Direct Channel
- Indirect Channel
Global Welding Gun & Torch by End Use Industry [Shipment Analysis by Value from 2018 to 2030]
- Heavy Fabrication
- Automotive & Transportation
- Construction
- Energy
- Defense & Aerospace
- Other
Global Welding Gun & Torch by Region [Shipment Analysis by Value from 2018 to 2030]
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Welding Gun & Torch Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies welding gun & torch companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the welding gun & torch companies profiled in this report include-- ESAB
- Fronius
- Illinois Tool Works
- Lincoln Electric
- Panasonic Connect
The publisher forecasts that gas-cooled is expected to witness largest growth over the forecast period due to convenience and versatile applications.
Within this market, heavy fabrication will remain the largest segment due to continual application of welding in various industries.
APAC is expected to witness highest growth over the forecast period due to strong need for welding guns and torches in India, China, and Japan, where manufacturing sectors are expanding significantly.
Features of the Global Welding Gun & Torch
- Market Size Estimates: Welding gun & torch market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Welding gun & torch market size by various segments, such as by cooling method, functionality, distribution channel, end use industry, and region in terms of value ($B).
- Regional Analysis: Welding gun & torch market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different cooling method, functionality, distribution channel, end use industry, and regions for the global welding gun & torch market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the global welding gun & torch market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for global welding gun & torch market?Answer: The global welding gun & torch market is expected to grow with a CAGR of 6.2% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the global welding gun & torch market?
Answer: The major drivers for this market are improvements in welding procedures and the welding industry's growing automation and growing need for maintenance and fixes across all sectors.
Q3. What are the major segments for global welding gun & torch market?
Answer: The future of the global welding gun & torch market looks promising with opportunities in the heavy fabrication, automotive & transportation, construction, energy, and defense & aerospace markets.
Q4. Who are the key global welding gun & torch market companies?
Answer: Some of the key welding gun & torch companies are as follows:
- ESAB
- Fronius
- Illinois Tool Works
- Lincoln Electric
- Panasonic Connect
Answer: The publisher forecasts that gas-cooled is expected to witness largest growth over the forecast period due to convenience and versatile applications.
Q6. In global welding gun & torch market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to strong need for welding guns and torches in India, China, and Japan, where manufacturing sectors are expanding significantly.
Q7. Do we receive customization in this report?
Answer: Yes,the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the global welding gun & torch market by cooling method (gas-cooled and water-cooled), functionality (manual, robotic, and semi-automatic), distribution channel (direct channel and indirect channel), end use industry (heavy fabrication, automotive & transportation, construction, energy, defense & aerospace, and other), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Welding Gun & Torch: Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- ESAB
- Fronius
- Illinois Tool Works
- Lincoln Electric
- Panasonic Connect
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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