PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1635044
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1635044
Welding Equipment Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2025 - 2030)
The global welding equipment market is projected to grow from $20.1 billion in 2024 to $28.4 billion by 2030, reflecting a compound annual growth rate (CAGR) of 6.1% during the forecast period.
The growth of this market is driven by the expansion of industries such as automotive, construction, shipbuilding, aerospace, and defense. Factors like increasing urbanization, rising disposable incomes, and government initiatives to boost manufacturing sectors further fuel the demand for welding equipment. The shift toward automated welding solutions for enhanced precision and efficiency also plays a significant role in propelling market growth.
Key Insights
The automotive industry accounts for a significant share of the welding equipment market, driven by the extensive use of welding in manufacturing automotive components and machinery.
The construction sector contributes substantially to market demand, with welding being a critical process for assembling steel structures and performing maintenance tasks.
Automation trends are reshaping the market, with increasing adoption of fully automatic and semi-automatic welding equipment. These solutions enhance productivity and reduce labor costs, particularly in high-precision manufacturing processes.
Technological advancements in welding techniques, such as laser and ultrasonic welding, are gaining traction, especially in applications like electrical appliances and automotive manufacturing.
The Asia-Pacific region leads the global market, supported by rapid industrialization, urbanization, and investments in infrastructure projects. Countries like China and India are key contributors, with expanding manufacturing sectors and favorable government policies.
Programmable welding machines integrated with advanced technologies, including Industry 4.0 solutions, are being developed to meet evolving industrial requirements. Europe, in particular, is seeing significant integration of smart manufacturing techniques.
The market is fragmented, with numerous players offering diverse welding equipment solutions. This competitive landscape drives innovation and ensures a wide range of options for end-users.
Rising urbanization and global development are boosting the demand for welding machines and consumables. Additionally, government and private sector initiatives in infrastructure development, manufacturing, and energy exploration are further supporting market growth.
The ongoing expansion of the aviation, aerospace, energy, and electronics sectors is expected to amplify demand for advanced welding equipment. The global push for infrastructure development will continue to drive the requirement for welding consumables and machinery in the coming years.
Table of Contents
Chapter 1. Research Scope
- 1.1. Research Objectives
- 1.2. Market Definition
- 1.3. Analysis Period
- 1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by technology
- 1.4.2. Market size breakdown, by automation type
- 1.4.3. Market size breakdown, by application
- 1.4.4. Market size breakdown, by region
- 1.4.5. Market size breakdown, by country
- 1.5. Market Data Reporting Unit
- 1.5.1. Value
- 1.6. Key Stakeholders
Chapter 2. Research Methodology
- 2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
- 2.2. Primary Research
- 2.3. Market Size Estimation
- 2.4. Data Triangulation
- 2.5. Currency Conversion Rates
- 2.6. Assumptions for the Study
- 2.7. Notes and Caveats
Chapter 3. Executive Summary
Chapter 4. Market Indicators
Chapter 5. Industry Outlook
- 5.1. Market Dynamics
- 5.1.1. Trends
- 5.1.2. Drivers
- 5.1.3. Restraints/challenges
- 5.1.4. Impact analysis of drivers/restraints
- 5.2. Impact of COVID-19
- 5.3. Porter's Five Forces Analysis
- 5.3.1. Bargaining power of buyers
- 5.3.2. Bargaining power of suppliers
- 5.3.3. Threat of new entrants
- 5.3.4. Intensity of rivalry
- 5.3.5. Threat of substitutes
Chapter 6. Competitive Landscape
- 6.1. List of Market Players and their Offerings
- 6.2. Competitive Benchmarking of Key Players
- 6.3. Recent Strategic Developments by Key Players
Chapter 7. Global Market
- 7.1. Overview
- 7.2. Market Revenue, by Technology (2019-2030)
- 7.3. Market Revenue, by Automation Type (2019-2030)
- 7.4. Market Revenue, by Application (2019-2030)
- 7.5. Market Revenue, by Region (2019-2030)
Chapter 8. North America Market
- 8.1. Overview
- 8.2. Market Revenue, by Technology (2019-2030)
- 8.3. Market Revenue, by Automation Type (2019-2030)
- 8.4. Market Revenue, by Application (2019-2030)
- 8.5. Market Revenue, by Country (2019-2030)
Chapter 9. Europe Market
- 9.1. Overview
- 9.2. Market Revenue, by Technology (2019-2030)
- 9.3. Market Revenue, by Automation Type (2019-2030)
- 9.4. Market Revenue, by Application (2019-2030)
- 9.5. Market Revenue, by Country (2019-2030)
Chapter 10. APAC Market
- 10.1. Overview
- 10.2. Market Revenue, by Technology (2019-2030)
- 10.3. Market Revenue, by Automation Type (2019-2030)
- 10.4. Market Revenue, by Application (2019-2030)
- 10.5. Market Revenue, by Country (2019-2030)
Chapter 11. LATAM Market
- 11.1. Overview
- 11.2. Market Revenue, by Technology (2019-2030)
- 11.3. Market Revenue, by Automation Type (2019-2030)
- 11.4. Market Revenue, by Application (2019-2030)
- 11.5. Market Revenue, by Country (2019-2030)
Chapter 12. MEA Market
- 12.1. Overview
- 12.2. Market Revenue, by Technology (2019-2030)
- 12.3. Market Revenue, by Automation Type (2019-2030)
- 12.4. Market Revenue, by Application (2019-2030)
- 12.5. Market Revenue, by Country (2019-2030)
Chapter 13. U.S. Market
- 13.1. Overview
- 13.2. Market Revenue, by Technology (2019-2030)
- 13.3. Market Revenue, by Automation Type (2019-2030)
- 13.4. Market Revenue, by Application (2019-2030)
Chapter 14. Canada Market
- 14.1. Overview
- 14.2. Market Revenue, by Technology (2019-2030)
- 14.3. Market Revenue, by Automation Type (2019-2030)
- 14.4. Market Revenue, by Application (2019-2030)
Chapter 15. Germany Market
- 15.1. Overview
- 15.2. Market Revenue, by Technology (2019-2030)
- 15.3. Market Revenue, by Automation Type (2019-2030)
- 15.4. Market Revenue, by Application (2019-2030)
Chapter 16. France Market
- 16.1. Overview
- 16.2. Market Revenue, by Technology (2019-2030)
- 16.3. Market Revenue, by Automation Type (2019-2030)
- 16.4. Market Revenue, by Application (2019-2030)
Chapter 17. U.K. Market
- 17.1. Overview
- 17.2. Market Revenue, by Technology (2019-2030)
- 17.3. Market Revenue, by Automation Type (2019-2030)
- 17.4. Market Revenue, by Application (2019-2030)
Chapter 18. Italy Market
- 18.1. Overview
- 18.2. Market Revenue, by Technology (2019-2030)
- 18.3. Market Revenue, by Automation Type (2019-2030)
- 18.4. Market Revenue, by Application (2019-2030)
Chapter 19. Spain Market
- 19.1. Overview
- 19.2. Market Revenue, by Technology (2019-2030)
- 19.3. Market Revenue, by Automation Type (2019-2030)
- 19.4. Market Revenue, by Application (2019-2030)
Chapter 20. Japan Market
- 20.1. Overview
- 20.2. Market Revenue, by Technology (2019-2030)
- 20.3. Market Revenue, by Automation Type (2019-2030)
- 20.4. Market Revenue, by Application (2019-2030)
Chapter 21. China Market
- 21.1. Overview
- 21.2. Market Revenue, by Technology (2019-2030)
- 21.3. Market Revenue, by Automation Type (2019-2030)
- 21.4. Market Revenue, by Application (2019-2030)
Chapter 22. India Market
- 22.1. Overview
- 22.2. Market Revenue, by Technology (2019-2030)
- 22.3. Market Revenue, by Automation Type (2019-2030)
- 22.4. Market Revenue, by Application (2019-2030)
Chapter 23. Australia Market
- 23.1. Overview
- 23.2. Market Revenue, by Technology (2019-2030)
- 23.3. Market Revenue, by Automation Type (2019-2030)
- 23.4. Market Revenue, by Application (2019-2030)
Chapter 24. South Korea Market
- 24.1. Overview
- 24.2. Market Revenue, by Technology (2019-2030)
- 24.3. Market Revenue, by Automation Type (2019-2030)
- 24.4. Market Revenue, by Application (2019-2030)
Chapter 25. Brazil Market
- 25.1. Overview
- 25.2. Market Revenue, by Technology (2019-2030)
- 25.3. Market Revenue, by Automation Type (2019-2030)
- 25.4. Market Revenue, by Application (2019-2030)
Chapter 26. Mexico Market
- 26.1. Overview
- 26.2. Market Revenue, by Technology (2019-2030)
- 26.3. Market Revenue, by Automation Type (2019-2030)
- 26.4. Market Revenue, by Application (2019-2030)
Chapter 27. Saudi Arabia Market
- 27.1. Overview
- 27.2. Market Revenue, by Technology (2019-2030)
- 27.3. Market Revenue, by Automation Type (2019-2030)
- 27.4. Market Revenue, by Application (2019-2030)
Chapter 28. South Africa Market
- 28.1. Overview
- 28.2. Market Revenue, by Technology (2019-2030)
- 28.3. Market Revenue, by Automation Type (2019-2030)
- 28.4. Market Revenue, by Application (2019-2030)
Chapter 29. U.A.E. Market
- 29.1. Overview
- 29.2. Market Revenue, by Technology (2019-2030)
- 29.3. Market Revenue, by Automation Type (2019-2030)
- 29.4. Market Revenue, by Application (2019-2030)
Chapter 30. Company Profiles
- 30.1. The Lincoln Electric Company
- 30.1.1. Business overview
- 30.1.2. Product and service offerings
- 30.1.3. Key financial summary
- 30.2. Kobe Steel Ltd.
- 30.2.1. Business overview
- 30.2.2. Product and service offerings
- 30.2.3. Key financial summary
- 30.3. Miller Electric Mfg. LLC
- 30.3.1. Business overview
- 30.3.2. Product and service offerings
- 30.3.3. Key financial summary
- 30.4. Colfax Corporation
- 30.4.1. Business overview
- 30.4.2. Product and service offerings
- 30.4.3. Key financial summary
- 30.5. Ador Welding Limited
- 30.5.1. Business overview
- 30.5.2. Product and service offerings
- 30.5.3. Key financial summary
- 30.6. ACRO Automation Systems Inc.
- 30.6.1. Business overview
- 30.6.2. Product and service offerings
- 30.6.3. Key financial summary
- 30.7. Illinois Tool Works Inc.
- 30.7.1. Business overview
- 30.7.2. Product and service offerings
- 30.7.3. Key financial summary
- 30.8. Panasonic Industry Co. Ltd.
- 30.8.1. Business overview
- 30.8.2. Product and service offerings
- 30.8.3. Key financial summary
- 30.9. voestalpine Bohler Welding Group GmbH
- 30.9.1. Business overview
- 30.9.2. Product and service offerings
- 30.10. Denyo Co. Ltd.
- 30.10.1. Business overview
- 30.10.2. Product and service offerings
- 30.10.3. Key financial summary
- 30.11. ABB Ltd.
- 30.11.1. Business overview
- 30.11.2. Product and service offerings
- 30.11.3. Key financial summary
- 30.12. Hyundai Welding Co. Ltd.
- 30.12.1. Business overview
- 30.12.2. Product and service offerings
- 30.12.3. Key financial summary
Chapter 31. Appendix
- 31.1. Sources and References
- 31.2. Related Reports
