Welding Equipment Market 2021-2027 Trends, Research Report, Growth Trends, Opportunities, Forecast to 2027

The Welding Equipment Market is expected to grow from USD 25.9 billion in 2021 to USD 32.5 billion in 2026 at a CAGR of 4% over the forecast period. Innovations and technological advances in the automotive industry to meet the growing demand of customers are expected to increase the demand for welding products that will lead the global welding equipment, accessories and consumables market during the forecast period. APAC is the fastest growing market for welding equipment, accessories and consumables due to population growth, favorable investment policies, economic growth, and government initiatives to promote the region’s electronics and automotive industries.

Key Market Players

Key players operating in the welding equipment, accessories, and consumables market are Lincoln Electric Holdings, Inc (US), Colfax Corporation (US), Illinois Tool Works Inc. (US), Kobe Steel Ltd (Japan), and Air Liquide S.A(France).  These players have adopted various growth strategies to expand their global presence and increase their market share.

Welding Equipment Market Segmentations

By Type

• Welding Equipment
• Welding Consumables

By Process

• Arc Welding
• Gas Welding
• Soldering and Brazing
• Other Processes (Resistance Welding, Forge Welding, etc.)

By End-user

• Construction and Infrastructure
• Oil and Gas
• Energy and Power
• Automotive and Shipbuilding
• Aerospace and Defense
• Heavy Engineering
• Railways
• Other End Users

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Key Questions Answered by Welding Equipment Market Report

• What was the Welding Equipment Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Welding Equipment Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Welding Equipment Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.