Market Overview:
The global bench 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 welding machines from various end-use industries, such as automobile, electronics, and machine manufacturing. In addition, the growing demand for customized welding machines is also contributing to the growth of this market.
Product Definition:
Bench welding is a type of welding that is done on a workbench. It is used to weld small parts together. Bench welders are important because they allow you to easily weld small parts together without having to move them around.
Manual:
The manual welder is a hand-operated device used for welding and brazing. It's major applications are in shipbuilding, aircraft manufacturing, heavy equipment fabrication and automotive repair shops. The growth factor responsible for the Manual Welder’s demand is due to its low cost as compared to other automated devices which also helps in reducing overall production costs.
Semi-automatic:
Semi-automatic bench welder is a type of machine used for welding and brazing operations. It is also known as semi or hybrid welder. The machine has automatic control system that controls the arc length, feed rate, heat input and travel speed which makes it an ideal equipment to weld thin metals such as aluminum & mild steel in limited time with required quality.
The market size was valued at USD 962 million in 2015.
Application Insights:
Automotive was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. Automotive parts are mainly required for heavy-duty welding applications such as chassis, body structure, power train, and engine components. The global automotive industry is growing at a rapid pace owing to increasing demand for electric vehicles across various regions. This has created a huge demand for various auto parts that were previously made with low-scale production methods using manual or semi-automatic bench welders.
Electronics held the second largest market share in 2017 due to rising electronics manufacturing activities across different regions of the world including Asia Pacific, North America and Europe. Electronic products require small metal sheets called base metals which are used in their fabrication process along with other electronic components such as resistors & capacitors which make up most of an electronic product¢â‚¬â„¢s weightless structure (excluding packaging).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand for welders in countries such as China, India, Japan, and South Korea. Increasing production of automobiles due to low costs of manufacturing is also anticipated to drive product demand over the forecast period.
The Asia Pacific market was followed by Europe which accounted for a share of more than 30% in terms of revenue in 2017 owing to high consumption rates associated with automobile manufacturing industry across Germany, France, Italy Russia among other Eastern European countries.
Growth Factors:
- Increasing demand for automobiles due to rising population and income levels in developing countries is expected to drive the growth of the Bench Welder market.
- The increasing popularity of electric vehicles is also anticipated to fuel the demand for Bench Welder in the coming years.
- Growing investments in infrastructure development projects are likely to create new opportunities for the Bench Welder market during the forecast period.
- Rising awareness about safety norms and regulations related to welding is projected to propel the growth of this market in future years.
- Technological advancements that lead to development of more efficient and user-friendly Bench Welders are expected to provide impetus for this market’s growth over next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Bench Welder Market Research Report
By Type
Manual, Semi-automatic, Automatic
By Application
Automobile, Electronics, Consumer Goods, Machine Manufacturing, Others
By Companies
Lincoln Electric, TECNA, Taylor Winfield, Seedorff ACME Corporation, Mechelonic Welders, Standard Resistance Welder, THOMAS WELDING SYSTEMS, North Star Glove, TJ Snow Resistance Welding Machinery, Jenzano, Lincoln Electric, The Roueche Company, LLC
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
194
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Bench Welder Market Report Segments:
The global Bench Welder market is segmented on the basis of:
Types
Manual, Semi-automatic, Automatic
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
Automobile, Electronics, Consumer Goods, Machine Manufacturing, Others
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
- TECNA
- Taylor Winfield
- Seedorff ACME Corporation
- Mechelonic Welders
- Standard Resistance Welder
- THOMAS WELDING SYSTEMS
- North Star Glove
- TJ Snow Resistance Welding Machinery
- Jenzano
- Lincoln Electric
- The Roueche Company, LLC
Highlights of The Bench 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:
- Manual
- Semi-automatic
- Automatic
- By Application:
- Automobile
- Electronics
- Consumer Goods
- Machine Manufacturing
- Others
- 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 Bench 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?
A bench welder is a person who uses welding equipment to join metal pieces together.
Some of the major companies in the bench welder market are Lincoln Electric, TECNA, Taylor Winfield, Seedorff ACME Corporation, Mechelonic Welders, Standard Resistance Welder, THOMAS WELDING SYSTEMS, North Star Glove, TJ Snow Resistance Welding Machinery, Jenzano, Lincoln Electric, The Roueche Company, LLC.
The bench 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 Bench 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 Bench Welder Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bench 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 Bench 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 Bench Welder Market Size & Forecast, 2018-2028
4.5.1 Bench Welder Market Size and Y-o-Y Growth
4.5.2 Bench Welder Market Absolute $ Opportunity
Chapter 5 Global Bench 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 Bench Welder Market Size Forecast by Type
5.2.1 Manual
5.2.2 Semi-automatic
5.2.3 Automatic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bench 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 Bench Welder Market Size Forecast by Applications
6.2.1 Automobile
6.2.2 Electronics
6.2.3 Consumer Goods
6.2.4 Machine Manufacturing
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bench 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 Bench 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 Bench Welder Analysis and Forecast
9.1 Introduction
9.2 North America Bench 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 Bench Welder Market Size Forecast by Type
9.6.1 Manual
9.6.2 Semi-automatic
9.6.3 Automatic
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 Bench Welder Market Size Forecast by Applications
9.10.1 Automobile
9.10.2 Electronics
9.10.3 Consumer Goods
9.10.4 Machine Manufacturing
9.10.5 Others
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 Bench Welder Analysis and Forecast
10.1 Introduction
10.2 Europe Bench 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 Bench Welder Market Size Forecast by Type
10.6.1 Manual
10.6.2 Semi-automatic
10.6.3 Automatic
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 Bench Welder Market Size Forecast by Applications
10.10.1 Automobile
10.10.2 Electronics
10.10.3 Consumer Goods
10.10.4 Machine Manufacturing
10.10.5 Others
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 Bench Welder Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bench 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 Bench Welder Market Size Forecast by Type
11.6.1 Manual
11.6.2 Semi-automatic
11.6.3 Automatic
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 Bench Welder Market Size Forecast by Applications
11.10.1 Automobile
11.10.2 Electronics
11.10.3 Consumer Goods
11.10.4 Machine Manufacturing
11.10.5 Others
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 Bench Welder Analysis and Forecast
12.1 Introduction
12.2 Latin America Bench 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 Bench Welder Market Size Forecast by Type
12.6.1 Manual
12.6.2 Semi-automatic
12.6.3 Automatic
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 Bench Welder Market Size Forecast by Applications
12.10.1 Automobile
12.10.2 Electronics
12.10.3 Consumer Goods
12.10.4 Machine Manufacturing
12.10.5 Others
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) Bench Welder Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bench 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) Bench Welder Market Size Forecast by Type
13.6.1 Manual
13.6.2 Semi-automatic
13.6.3 Automatic
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) Bench Welder Market Size Forecast by Applications
13.10.1 Automobile
13.10.2 Electronics
13.10.3 Consumer Goods
13.10.4 Machine Manufacturing
13.10.5 Others
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 Bench Welder Market: Competitive Dashboard
14.2 Global Bench Welder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Lincoln Electric
14.3.2 TECNA
14.3.3 Taylor Winfield
14.3.4 Seedorff ACME Corporation
14.3.5 Mechelonic Welders
14.3.6 Standard Resistance Welder
14.3.7 THOMAS WELDING SYSTEMS
14.3.8 North Star Glove
14.3.9 TJ Snow Resistance Welding Machinery
14.3.10 Jenzano
14.3.11 Lincoln Electric
14.3.12 The Roueche Company, LLC
