Market Overview:
The global arc welder market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for arc welders from various end-use industries, such as electrical industry, machinery, general engineering, and household appliances. In addition, the growing demand for arc welders in developing countries is also contributing to the growth of this market. Based on type, the global arc welder market can be segmented into stick equipment, multi-process equipment, TIG welders and others. Stick equipment held a major share of this market in 2017 and is expected to continue its dominance during the forecast period.
Product Definition:
Arc welding is a process that uses an electric arc to weld metals. The electric arc is created when two pieces of metal are heated to a high temperature and then brought together.
Stick Equipment:
Stick equipment is also known as stick welding or manual welding. It's a type of electric arc welding, which is performed with a single electrode (the "stick"), held in hand, or mounted on an insulated holder. The process does not require any additional feeder line and can be used for both thin metal sheets and large pieces (more than 3/8 inch thickness).
Multi-Process Equipment:
Multi-Process Equipment (MPE) is a welding process that uses more than one arc at a time. It’s also known as multiple or second-process welding and it can be used for metal fabrication, repair work, general fabrication and maintenance operations. MPE requires less training compared to conventional processes such as stick welder or TIG welder. The equipment is easy to handle due to its lightweight design which makes it suitable for small shops with limited space requirements.
Application Insights:
The application segment is segregated into general engineering, machinery, household, and electrical industry. The electrical industry held the largest market share in 2017 owing to the rising demand for welding equipment for power generation and distribution applications. Arc welders are widely used across all sectors of the electrical industry such as utility, construction, manufacturing and others.
The global market has witnessed significant growth in recent years due to increasing demand from various industries including oil & gas and infrastructure which is expected to boost product penetration over the forecast period. In addition to this growing demand there are several manufacturers present in different regions catering specifically designed products for use with different types of electrodes such as stick electrode or tungsten carbide tipped electrode that suits specific needs of various industries thereby driving regional markets further over next few years.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to increasing demand for arc welders from industries such as electrical and electronics, oil & gas, and automotive. In addition, growing construction activities in North America are expected to drive product demand over the forecast period.
Asia Pacific is projected to witness significant growth over the next eight years owing to rising investments by governments in infrastructure development projects such as hospitals, schools, colleges etc., which will lead to an increase in manufacturing activities across various industry verticals including automotive and transportation; machinery; metal processing; electrical & electronics; construction materials among others.
Growth Factors:
- Increasing demand for arc welders from the automotive and construction industries
- Growing popularity of automated welding systems
- Rising investments in research and development activities by leading players to develop innovative products
- Proliferation of online marketing channels that offer a wide range of arc welders at competitive prices
- Emergence of new applications for arc welders in areas such as aerospace and defense
Scope Of The Report
Report Attributes
Report Details
Report Title
Arc Welder Market Research Report
By Type
Stick Equipment, Multi-Process Equipment, TIG Welders, Others
By Application
Electrical Industry, Machinery, General Engineering, Household, Art
By Companies
Lincoln Electric, Miller Electric, ESAB, Arcon Welding Equipment
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
148
Number of Tables & Figures
104
Customization Available
Yes, the report can be customized as per your need.
Global Arc Welder Market Report Segments:
The global Arc Welder market is segmented on the basis of:
Types
Stick Equipment, Multi-Process Equipment, TIG Welders, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electrical Industry, Machinery, General Engineering, Household, Art
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Lincoln Electric
- Miller Electric
- ESAB
- Arcon Welding Equipment
Highlights of The Arc Welder Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Stick Equipment
- Multi-Process Equipment
- TIG Welders
- Others
- By Application:
- Electrical Industry
- Machinery
- General Engineering
- Household
- Art
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Arc Welder Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Arc Welder is a software program that allows users to create 3D models from 2D drawings. Arc Welder can be used to create objects such as parts for machinery, models of buildings, and sculptures.
Some of the major players in the arc welder market are Lincoln Electric, Miller Electric, ESAB, Arcon Welding Equipment.
The arc welder market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Arc Welder Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Arc Welder Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Arc Welder Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Arc Welder Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Arc Welder Market Size & Forecast, 2018-2028
4.5.1 Arc Welder Market Size and Y-o-Y Growth
4.5.2 Arc Welder Market Absolute $ Opportunity
Chapter 5 Global Arc Welder Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Arc Welder Market Size Forecast by Type
5.2.1 Stick Equipment
5.2.2 Multi-Process Equipment
5.2.3 TIG Welders
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Arc Welder Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Arc Welder Market Size Forecast by Applications
6.2.1 Electrical Industry
6.2.2 Machinery
6.2.3 General Engineering
6.2.4 Household
6.2.5 Art
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Arc Welder Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Arc Welder Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Arc Welder Analysis and Forecast
9.1 Introduction
9.2 North America Arc Welder Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Arc Welder Market Size Forecast by Type
9.6.1 Stick Equipment
9.6.2 Multi-Process Equipment
9.6.3 TIG Welders
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Arc Welder Market Size Forecast by Applications
9.10.1 Electrical Industry
9.10.2 Machinery
9.10.3 General Engineering
9.10.4 Household
9.10.5 Art
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Arc Welder Analysis and Forecast
10.1 Introduction
10.2 Europe Arc Welder Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Arc Welder Market Size Forecast by Type
10.6.1 Stick Equipment
10.6.2 Multi-Process Equipment
10.6.3 TIG Welders
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Arc Welder Market Size Forecast by Applications
10.10.1 Electrical Industry
10.10.2 Machinery
10.10.3 General Engineering
10.10.4 Household
10.10.5 Art
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Arc Welder Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Arc Welder Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Arc Welder Market Size Forecast by Type
11.6.1 Stick Equipment
11.6.2 Multi-Process Equipment
11.6.3 TIG Welders
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Arc Welder Market Size Forecast by Applications
11.10.1 Electrical Industry
11.10.2 Machinery
11.10.3 General Engineering
11.10.4 Household
11.10.5 Art
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Arc Welder Analysis and Forecast
12.1 Introduction
12.2 Latin America Arc Welder Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Arc Welder Market Size Forecast by Type
12.6.1 Stick Equipment
12.6.2 Multi-Process Equipment
12.6.3 TIG Welders
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Arc Welder Market Size Forecast by Applications
12.10.1 Electrical Industry
12.10.2 Machinery
12.10.3 General Engineering
12.10.4 Household
12.10.5 Art
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Arc Welder Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Arc Welder Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Arc Welder Market Size Forecast by Type
13.6.1 Stick Equipment
13.6.2 Multi-Process Equipment
13.6.3 TIG Welders
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Arc Welder Market Size Forecast by Applications
13.10.1 Electrical Industry
13.10.2 Machinery
13.10.3 General Engineering
13.10.4 Household
13.10.5 Art
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Arc Welder Market: Competitive Dashboard
14.2 Global Arc Welder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Lincoln Electric
14.3.2 Miller Electric
14.3.3 ESAB
14.3.4 Arcon Welding Equipment
