Market Overview:
The global orbital welding equipment 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 welded pipes and tubes in various industries such as oil & gas, aerospace, boiler tube, food & beverage industry, and others. In addition, the growing demand for fusion orbital welding equipment is also contributing to the growth of this market.
Product Definition:
Orbital welding equipment is used to weld two pieces of metal together. It creates a strong, sealed joint that is less likely to leak than a weld made by other methods. This makes it ideal for use in applications where leaks cannot be tolerated, such as in the construction of pipelines and storage tanks.
Pipe Orbital Welding:
Orbital welding is a process of joining two or more pieces of metal by using an electric arc. It utilizes the principle that high heat and speed can be used to weld heavy materials, but low heat and slow speed are required for thin metals. The equipment used in this technique includes a welder, an electrode feeder, a power source (such as MIG or TIG), and protective clothing.
Fusion Orbital Welding:
Fusion orbital welding (FOW) is a process of joining two or more materials using high heat and pressure. It utilizes a special welder which is capable of producing very high temperatures (over 400°C) and pressures (over 100000 psi). The equipment used in this process consists of multiple parts such as power supply, welder, control system, work piece storage system etc. This market includes the entire value chain from raw material suppliers to end-use customers.
Application Insights:
The oil & gas industry is expected to emerge as the fastest-growing application segment over the forecast period. The growth can be attributed to increasing demand for pipes and other equipment in the sector. Fusion orbital welding is widely used in this sector owing to its ability to produce seamless joints with high quality and dimensional stability.
Aerospace was the second-largest application segment accounting for a share of 15% in 2017 on account of growing use of OOWE across various applications such as aircraft fuselages, space vehicles, satellite structures, launch vehicle components and others. Growing defense expenditure coupled with rising air traffic are anticipated to drive demand over the forecast period thereby contributing towards overall market growth during that time span.
Regional Analysis:
The North American regional market dominated the global industry in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing investments in various industries, such as oil & gas, aerospace, and others. In addition, growing demand for energy storage systems is also likely to drive the demand for ORWEs in this region.
Asia Pacific regional market accounted for a significant share of global revenue owing to rapid industrialization coupled with increasing government initiatives pertaining to manufacturing activities within the country itself as well as across other regions. China led all countries across Asia Pacific by accounting for more than 80% share owing tp its massive production base along with India’s presence at number two position after China both in terms of population and GDP (Gross Domestic Product).
Growth Factors:
- Increasing demand for lightweight and high-strength materials in automotive and aerospace industries is expected to drive the growth of the orbital welding equipment market.
- Rising demand for automated welding systems owing to the increasing adoption of robotics in manufacturing is also projected to fuel the growth of this market during the forecast period.
- Growing popularity of orbital welding among small and medium-sized enterprises (SMEs) is another key factor that would propel this market’s growth in coming years.
- The increasing use of orbital welders for joining dissimilar metals is also anticipated to boost this market’s expansion over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Orbital Welding Equipment Market Research Report
By Type
Pipe Orbital Welding, Fusion Orbital Welding, Tube to Tubesheet Welding
By Application
Oil & Gas, Aerospace, Boiler Tube, Food & Beverage Industry, Others
By Companies
ESAB(AMI), Magnatech, Fronius International GmbH, AXXAIR, Orbitec GmbH, Swagelok, Orbitalum Tools, Lincoln Electric, Liburdi Dimetrics, Gullco Internationals, ESAB(AMI), Zhengzhou Kehui Technology, Orbitalservice GmbH, Westfalen AG
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
227
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Orbital Welding Equipment Market Report Segments:
The global Orbital Welding Equipment market is segmented on the basis of:
Types
Pipe Orbital Welding, Fusion Orbital Welding, Tube to Tubesheet Welding
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
Oil & Gas, Aerospace, Boiler Tube, Food & Beverage Industry, 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:
- ESAB(AMI)
- Magnatech
- Fronius International GmbH
- AXXAIR
- Orbitec GmbH
- Swagelok
- Orbitalum Tools
- Lincoln Electric
- Liburdi Dimetrics
- Gullco Internationals
- ESAB(AMI)
- Zhengzhou Kehui Technology
- Orbitalservice GmbH
- Westfalen AG
Highlights of The Orbital Welding Equipment 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:
- Pipe Orbital Welding
- Fusion Orbital Welding
- Tube to Tubesheet Welding
- By Application:
- Oil & Gas
- Aerospace
- Boiler Tube
- Food & Beverage Industry
- 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 Orbital Welding Equipment 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?
Orbital welding equipment is a type of welding equipment that uses an orbital motion to create a weld. This type of welding is often used in the manufacturing industry because it is fast and efficient.
Some of the major companies in the orbital welding equipment market are ESAB(AMI), Magnatech, Fronius International GmbH, AXXAIR, Orbitec GmbH, Swagelok, Orbitalum Tools, Lincoln Electric, Liburdi Dimetrics, Gullco Internationals, ESAB(AMI), Zhengzhou Kehui Technology, Orbitalservice GmbH, Westfalen AG.
The orbital welding equipment 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 Orbital Welding Equipment 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 Orbital Welding Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Orbital Welding Equipment 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 Orbital Welding Equipment 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 Orbital Welding Equipment Market Size & Forecast, 2020-2028
4.5.1 Orbital Welding Equipment Market Size and Y-o-Y Growth
4.5.2 Orbital Welding Equipment 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 Pipe Orbital Welding
5.2.2 Fusion Orbital Welding
5.2.3 Tube to Tubesheet Welding
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 Oil & Gas
6.2.2 Aerospace
6.2.3 Boiler Tube
6.2.4 Food & Beverage Industry
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Orbital Welding Equipment 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 Orbital Welding Equipment 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 Pipe Orbital Welding
9.6.2 Fusion Orbital Welding
9.6.3 Tube to Tubesheet Welding
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 Oil & Gas
9.10.2 Aerospace
9.10.3 Boiler Tube
9.10.4 Food & Beverage Industry
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 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 Pipe Orbital Welding
10.6.2 Fusion Orbital Welding
10.6.3 Tube to Tubesheet Welding
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 Oil & Gas
10.10.2 Aerospace
10.10.3 Boiler Tube
10.10.4 Food & Beverage Industry
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 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 Pipe Orbital Welding
11.6.2 Fusion Orbital Welding
11.6.3 Tube to Tubesheet Welding
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 Oil & Gas
11.10.2 Aerospace
11.10.3 Boiler Tube
11.10.4 Food & Beverage Industry
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 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 Pipe Orbital Welding
12.6.2 Fusion Orbital Welding
12.6.3 Tube to Tubesheet Welding
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 Oil & Gas
12.10.2 Aerospace
12.10.3 Boiler Tube
12.10.4 Food & Beverage Industry
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) 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 Pipe Orbital Welding
13.6.2 Fusion Orbital Welding
13.6.3 Tube to Tubesheet Welding
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 Oil & Gas
13.10.2 Aerospace
13.10.3 Boiler Tube
13.10.4 Food & Beverage Industry
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 Orbital Welding Equipment Market: Competitive Dashboard
14.2 Global Orbital Welding Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ESAB(AMI)
14.3.2 Magnatech
14.3.3 Fronius International GmbH
14.3.4 AXXAIR
14.3.5 Orbitec GmbH
14.3.6 Swagelok
14.3.7 Orbitalum Tools
14.3.8 Lincoln Electric
14.3.9 Liburdi Dimetrics
14.3.10 Gullco Internationals
14.3.11 ESAB(AMI)
14.3.12 Zhengzhou Kehui Technology
14.3.13 Orbitalservice GmbH
14.3.14 Westfalen AG
