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Global Welding Equipment Market 2021
Welding is a fabrication process whereby two or more parts are fused together by means of heat, pressure or both forming a join as the parts cool. The bulk of materials that are welded are metals and their alloys, although the term welding is also applied to the joining of other materials such as thermoplastics. The global welding equipment market is set to grow by US$ 2 billion during 2021-2027, growing at a compound annual growth rate (CAGR) of 4.4% during the forecast period, according to data and analytics company StrategyHelix. Expansion in process industries and manufacturing activities, growth in automotive & construction industry, and increase in global energy infrastructure investment are expected to boost the market growth in the coming years.
The report provides up-to-date market size data for period 2017-2020 and forecast to 2027 covering key market aspects like sales value for welding equipment. The global welding equipment market is segmented on the basis of product, end user, region. By product, it is categorized into arc welding, resistance welding, gas welding, laser welding, and others. The arc welding segment held the largest market share in 2020. By end user, the welding equipment market is divided into automotive & transportation, construction & building, heavy industries, shipbuilding, energy, and others. Based on region, the welding equipment market is divided into North America, Asia Pacific, Europe, and Rest of the World (ROW).
The report has profiled some of the key players of the market such as Colfax Corporation, Fronius International GmbH, Hyundai Welding Co. Ltd., Illinois Tool Works Inc, Kemppi Oy, Lincoln Electric Holdings Inc., Migatronic A/S, OTC DAIHEN Inc., Panasonic Corporation.
The report is an invaluable resource for companies and organizations active in this industry. It provides a cohesive picture of the welding equipment market to help drive informed decision making for industry executives, policy makers, academic, and analysts.
Product: arc welding, resistance welding, gas welding, laser welding, and others
End user: automotive & transportation, construction & building, heavy industries, shipbuilding, energy, and others
Region: North America, Asia Pacific, Europe, and Rest of the World (ROW)
Years Considered: this report covers the period 2017 to 2027
Key Benefits for Stakeholders
Get a comprehensive picture of the global welding equipment market
Pinpoint growth sectors and trends for investment
Understand what the future of the global welding equipment market looks like
Identify the competitive landscape and window of opportunity
Table of Contents
1. Market Definition
2. Research Methodology
3. Market Data & Outlook
3.1 Market Value
3.2 Market Value Forecast
4. Welding Equipment Market by Product
4.1 Arc Welding
4.2 Resistance Welding
4.3 Gas Welding
4.4 Laser Welding
5. Welding Equipment Market by End User
5.1 Automotive & Transportation
5.2 Construction & Building
5.3 Heavy Industries
6. Welding Equipment Market by Region
6.1 North America
6.2 Asia Pacific
6.4 Rest Of The World (Row)
7. Company Profiles
7.1 Colfax Corporation
7.2 Fronius International GmbH
7.3 Hyundai Welding Co., Ltd.
7.4 Illinois Tool Works Inc
7.5 Kemppi Oy
7.6 Lincoln Electric Holdings, Inc.
7.7 Migatronic A/S
7.8 OTC DAIHEN, Inc.
7.9 Panasonic Corporation
8.1 About StrategyHelix
8 June 2021