Market Overview:
The global MIG/MAG welding torches market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for MIG/MAG welding torches in various applications, such as coarse coal and fine coal, across different regions. In addition, the growing demand for MIG/MAG welding torches from the automotive and construction industries is also contributing to the growth of this market. On the basis of type, the global MIG/MAG welding torches market can be segmented into vertical coal dewatering centrifuges and horizontal coal dewatering centrifuges. The vertical coal dewatering centrifuges segment is expected to grow at a higher CAGR than that of the horizontal coal dewatering centrifuges segment during the forecast period from 2018 to 2030.
Product Definition:
MIG/MAG welding torches are used in the MIG and MAG welding processes. The torches provide a means of heating the weld joint and melting the filler metal.
Vertical Coal Dewatering Centrifuges:
Vertical coal dewatering centrifuges are used in MIG/MAG welding process to remove water from the weld pool. It is a crucial step as improper water removal can lead to rust and corrosion of critical components such as boiler tubes, pipes, valves and pumps. The growth factor for vertical coal dewatering centrifuges market is primarily driven by factors such as growing industrialization particularly in emerging economies across the globe coupled with increasing demand for heavy equipment used in mining applications.
Horizontal Coal Dewatering Centrifuges:
Horizontal coal dewatering centrifuges are used in MIG/MAG welding torch for removing water from the slag. The slag is formed during the combustion process and remains in the chamber with weld pool. It can be removed by using a horizontal coal dewatering centrifuge which is an important part of gas turbine or power plant production line.
Application Insights:
Coal is widely used in the power generation industry for the production of electricity. The demand for coal as a fuel has declined owing to an increase in usage of other fuels, such as gas and nuclear energy. However, the global coal-based power generation sector is expected to emerge as a dominant application segment over the forecast period due to its wide scope across various industries including steel, construction and mining.
The demand for MIG welders on account of their low cost and easy availability has increased exponentially in recent years across several applications areas including automotive manufacturing & repair shops, shipbuilding & offshore platforms among others which are anticipated to drive growth over next seven years or so.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Vietnam. Growing demand for coal as a raw material in these countries owing to increasing industrialization and growing energy requirements is anticipated to drive the regional market growth over the forecast period.
The Asia Pacific was followed by North America which accounted for a revenue share of 22% in 2017 on account of presence of numerous steel manufacturing companies across U.S., coupled with high production volume of crude steel every year from iron ore mined mainly from Minnesota’s mines (U.S.). Europe also held a significant share due to high demand for MIG/MAG welding torches from various industries including power generation, oil & gas sector and automotive industry across countries like Germany, France Italy etc.
Growth Factors:
- Increasing demand for MIG/MAG welding torches from the automotive and aerospace industries due to their high-quality welds.
- Growing popularity of MIG/MAG welding as a versatile and efficient welding process across various end-use industries.
- Rising investments in research and development activities for the development of advanced MIG/MAG welding torches.
- Increasing adoption of MIG/MAG welding torches in small and medium enterprises (SMEs) owing to their low cost and easy operability.
- Technological advancements in MIG/MAG welding torches that offer enhanced performance, productivity, and safety
Scope Of The Report
Report Attributes
Report Details
Report Title
MIG/MAG Welding Torches Market Research Report
By Type
Vertical Coal Dewatering Centrifuges, Horizontal Coal Dewatering Centrifuges
By Application
Coarse Coal, Fine Coal
By Companies
FLSmidth, Multotec, Weir, SIEBTECHNIK TEMA, ANDRITZ, Centrisys, Alfa Laval, MBE Coal & Mineral Technology, GN Separation & Conveying 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
137
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global MIG/MAG Welding Torches Market Report Segments:
The global MIG/MAG Welding Torches market is segmented on the basis of:
Types
Vertical Coal Dewatering Centrifuges, Horizontal Coal Dewatering Centrifuges
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
Coarse Coal, Fine Coal
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:
- FLSmidth
- Multotec
- Weir
- SIEBTECHNIK TEMA
- ANDRITZ
- Centrisys
- Alfa Laval
- MBE Coal & Mineral Technology
- GN Separation & Conveying Equipment
Highlights of The MIG/MAG Welding Torches 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:
- Vertical Coal Dewatering Centrifuges
- Horizontal Coal Dewatering Centrifuges
- By Application:
- Coarse Coal
- Fine Coal
- 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/MAG Welding Torches 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- 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?
MIG/MAG welding torches are a type of welder that uses an arc to create a weld. They are commonly used for welding metals, but can also be used to weld other materials.
Some of the key players operating in the mig/mag welding torches market are FLSmidth, Multotec, Weir, SIEBTECHNIK TEMA, ANDRITZ, Centrisys, Alfa Laval, MBE Coal & Mineral Technology, GN Separation & Conveying Equipment.
The mig/mag welding torches 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/MAG Welding Torches 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/MAG Welding Torches Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 MIG/MAG Welding Torches 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/MAG Welding Torches 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/MAG Welding Torches Market Size & Forecast, 2020-2028
4.5.1 MIG/MAG Welding Torches Market Size and Y-o-Y Growth
4.5.2 MIG/MAG Welding Torches Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Vertical Coal Dewatering Centrifuges
5.2.2 Horizontal Coal Dewatering Centrifuges
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Coarse Coal
6.2.2 Fine Coal
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global MIG/MAG Welding Torches 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/MAG Welding Torches 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Vertical Coal Dewatering Centrifuges
9.6.2 Horizontal Coal Dewatering Centrifuges
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 Market Size Forecast by Applications
9.10.1 Coarse Coal
9.10.2 Fine Coal
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Vertical Coal Dewatering Centrifuges
10.6.2 Horizontal Coal Dewatering Centrifuges
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 Market Size Forecast by Applications
10.10.1 Coarse Coal
10.10.2 Fine Coal
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Vertical Coal Dewatering Centrifuges
11.6.2 Horizontal Coal Dewatering Centrifuges
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 Market Size Forecast by Applications
11.10.1 Coarse Coal
11.10.2 Fine Coal
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Vertical Coal Dewatering Centrifuges
12.6.2 Horizontal Coal Dewatering Centrifuges
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 Market Size Forecast by Applications
12.10.1 Coarse Coal
12.10.2 Fine Coal
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Vertical Coal Dewatering Centrifuges
13.6.2 Horizontal Coal Dewatering Centrifuges
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) Market Size Forecast by Applications
13.10.1 Coarse Coal
13.10.2 Fine Coal
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/MAG Welding Torches Market: Competitive Dashboard
14.2 Global MIG/MAG Welding Torches Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 FLSmidth
14.3.2 Multotec
14.3.3 Weir
14.3.4 SIEBTECHNIK TEMA
14.3.5 ANDRITZ
14.3.6 Centrisys
14.3.7 Alfa Laval
14.3.8 MBE Coal & Mineral Technology
14.3.9 GN Separation & Conveying Equipment
