Market Overview:
The global MIG welding machines (MIG 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 MIG welders from high-tech industries, heavy industries, and light industries. Additionally, the growing demand for MIG welders in regions such as North America, Latin America, Europe, Asia Pacific and Middle East & Africa is also contributing to the growth of this market.
Product Definition:
MIG welding machines (MIG welder) are a type of welding machine that uses an electric arc to weld metals together. MIG welding is one of the most popular types of welding, and it is used to weld a variety of different metals, including steel, aluminum, and copper. MIG welding machines are important because they allow for quick and easy metal welds.
Single Phase TIG Welder:
Single-phase TIG (TIG Welder) is a welder used for metal inert gas welding. It uses a small amount of current and has less travel distance than MIG (Metal Inert Gas) welding, making it an ideal choice for new welders looking to learn the basics or those with limited space requirements in shop floors.
The single-phase TIG welder has low amperage compared to MIG welders, which makes its operation easier.
Three-Phase TIG Welder:
Three-phase TIG welder is a kind of arc welding equipment that uses three-dimensional (3D) electric current to provide a filler metal with high speed and short travel distance. It's different from the two-phase TIG welder, which uses two-dimensional (2D) electric current and provides better control over the weld pool.
Application Insights:
High-tech industry was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The growth of this application can be attributed to increasing demand for electronic products such as mobile phones, laptops, video game consoles among others from developing countries like China and India. In addition, growing electronics industry in developed countries like U.S., Germany, UK France etc is also contributing toward overall market growth globally.
The heavy industry segment accounted for a significant share in 2017 due to rising demand from construction industries across the globe including Middle East & Africa region.
Regional Analysis:
Asia Pacific dominated the global market in 2017. This is attributed to the presence of a large number of automotive manufacturers, component manufacturers and other high-tech industries in this region. The Asia Pacific MIG welding machines (MIG welder) market is expected to grow at a significant rate over the forecast period owing to increasing demand from various application segments including aerospace & defense, heavy industry, light industry and others.
The growing manufacturing sector across emerging economies such as India and China coupled with rising foreign investments in these countries has led to an increase in production activities within these sectors which will drive growth over the forecast period. In addition, favorable government policies for promoting domestic manufacturing activities are anticipated to further boost regional product demand during the forecast years.
Europe accounted for more than 20% share of global revenue due its well established automotive & transportation industry along with components manufacturing base located across major countries such as Germany, France Italy.
Growth Factors:
- Increasing demand for automobiles and transportation equipment
- Growing construction and infrastructure activities
- Rising demand from the manufacturing sector
- Increasing penetration of MIG welding machines in developing countries
- Technological advancements in MIG welding machines
Scope Of The Report
Report Attributes
Report Details
Report Title
MIG Welding Machines (MIG Welder) Market Research Report
By Type
Single Phase TIG Welder, Three-Phase TIG Welder
By Application
High-Tech Industry, Heavy Industry, Light Industry
By Companies
Panasonic, Lincoln, Esab, OTC, Fronius, Miller, Migatronic, GYS, Sansha Electric, Auweld, Panasonic, Deca, Sohal, Arcraft plasma, Riland, Jasic, Time Group, HYL, Kende, Tayor, Kaierda, Hugong, Aotai, WTL, Shiwei
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
229
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global MIG Welding Machines (MIG Welder) Market Report Segments:
The global MIG Welding Machines (MIG Welder) market is segmented on the basis of:
Types
Single Phase TIG Welder, Three-Phase TIG Welder
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
High-Tech Industry, Heavy Industry, Light Industry
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:
- Panasonic
- Lincoln
- Esab
- OTC
- Fronius
- Miller
- Migatronic
- GYS
- Sansha Electric
- Auweld
- Panasonic
- Deca
- Sohal
- Arcraft plasma
- Riland
- Jasic
- Time Group
- HYL
- Kende
- Tayor
- Kaierda
- Hugong
- Aotai
- WTL
- Shiwei
Highlights of The MIG Welding Machines (MIG 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:
- Single Phase TIG Welder
- Three-Phase TIG Welder
- By Application:
- High-Tech Industry
- Heavy Industry
- Light Industry
- 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 MIG Welding Machines (MIG 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
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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?
MIG Welding Machines are a type of welding machine that uses the MIG (Metal Inert Gas) process. The MIG welder is an affordable and popular choice for home and small business owners who need to weld thin metal sheets together.
Some of the major companies in the mig welding machines (mig welder) market are Panasonic, Lincoln, Esab, OTC, Fronius, Miller, Migatronic, GYS, Sansha Electric, Auweld, Panasonic, Deca, Sohal, Arcraft plasma, Riland, Jasic, Time Group, HYL, Kende, Tayor, Kaierda, Hugong, Aotai, WTL, Shiwei.
The mig welding machines (mig welder) market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 MIG Welding Machines (MIG 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 MIG Welding Machines (MIG Welder) Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 MIG Welding Machines (MIG 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 MIG Welding Machines (MIG 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 MIG Welding Machines (MIG Welder) Market Size & Forecast, 2018-2028 4.5.1 MIG Welding Machines (MIG Welder) Market Size and Y-o-Y Growth 4.5.2 MIG Welding Machines (MIG Welder) Market Absolute $ Opportunity
Chapter 5 Global MIG Welding Machines (MIG 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 MIG Welding Machines (MIG Welder) Market Size Forecast by Type
5.2.1 Single Phase TIG Welder
5.2.2 Three-Phase TIG Welder
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global MIG Welding Machines (MIG 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 MIG Welding Machines (MIG Welder) Market Size Forecast by Applications
6.2.1 High-Tech Industry
6.2.2 Heavy Industry
6.2.3 Light Industry
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global MIG Welding Machines (MIG 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 MIG Welding Machines (MIG 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 MIG Welding Machines (MIG Welder) Analysis and Forecast
9.1 Introduction
9.2 North America MIG Welding Machines (MIG 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 MIG Welding Machines (MIG Welder) Market Size Forecast by Type
9.6.1 Single Phase TIG Welder
9.6.2 Three-Phase TIG Welder
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 MIG Welding Machines (MIG Welder) Market Size Forecast by Applications
9.10.1 High-Tech Industry
9.10.2 Heavy Industry
9.10.3 Light Industry
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 MIG Welding Machines (MIG Welder) Analysis and Forecast
10.1 Introduction
10.2 Europe MIG Welding Machines (MIG 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 MIG Welding Machines (MIG Welder) Market Size Forecast by Type
10.6.1 Single Phase TIG Welder
10.6.2 Three-Phase TIG Welder
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 MIG Welding Machines (MIG Welder) Market Size Forecast by Applications
10.10.1 High-Tech Industry
10.10.2 Heavy Industry
10.10.3 Light Industry
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 MIG Welding Machines (MIG Welder) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific MIG Welding Machines (MIG 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 MIG Welding Machines (MIG Welder) Market Size Forecast by Type
11.6.1 Single Phase TIG Welder
11.6.2 Three-Phase TIG Welder
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 MIG Welding Machines (MIG Welder) Market Size Forecast by Applications
11.10.1 High-Tech Industry
11.10.2 Heavy Industry
11.10.3 Light Industry
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 MIG Welding Machines (MIG Welder) Analysis and Forecast
12.1 Introduction
12.2 Latin America MIG Welding Machines (MIG 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 MIG Welding Machines (MIG Welder) Market Size Forecast by Type
12.6.1 Single Phase TIG Welder
12.6.2 Three-Phase TIG Welder
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 MIG Welding Machines (MIG Welder) Market Size Forecast by Applications
12.10.1 High-Tech Industry
12.10.2 Heavy Industry
12.10.3 Light Industry
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) MIG Welding Machines (MIG Welder) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) MIG Welding Machines (MIG 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) MIG Welding Machines (MIG Welder) Market Size Forecast by Type
13.6.1 Single Phase TIG Welder
13.6.2 Three-Phase TIG Welder
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) MIG Welding Machines (MIG Welder) Market Size Forecast by Applications
13.10.1 High-Tech Industry
13.10.2 Heavy Industry
13.10.3 Light Industry
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 MIG Welding Machines (MIG Welder) Market: Competitive Dashboard
14.2 Global MIG Welding Machines (MIG Welder) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Panasonic
14.3.2 Lincoln
14.3.3 Esab
14.3.4 OTC
14.3.5 Fronius
14.3.6 Miller
14.3.7 Migatronic
14.3.8 GYS
14.3.9 Sansha Electric
14.3.10 Auweld
14.3.11 Panasonic
14.3.12 Deca
14.3.13 Sohal
14.3.14 Arcraft plasma
14.3.15 Riland
14.3.16 Jasic
14.3.17 Time Group
14.3.18 HYL
14.3.19 Kende
14.3.20 Tayor
14.3.21 Kaierda
14.3.22 Hugong
14.3.23 Aotai
14.3.24 WTL
14.3.25 Shiwei