Market Overview:
The global welders market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the welding industry can be attributed to the increasing demand for welders in various end-use industries, such as ship & offshore, aerospace, automotive, construction, and machinery. In terms of type, the TIG welder segment is expected to hold a major share of the global welders market during the forecast period. This can be attributed to its ability to produce high-quality welds with low levels of distortion and residual stress.
Product Definition:
Welders are people who use welding equipment to join metal pieces together. Welding is an important process in manufacturing because it can create strong, durable joints between two or more pieces of metal.
TIG Welder:
TIG Welder is an electronic device used for welding. It's a kind of arc welding equipment that uses a high frequency current to produce a narrow beam of intense heat which can penetrate into the work piece and melt the metals together. TIG welder has many advantages over MIG (Metal Inert Gas) welders as it produces less amount of gas, there is no need to clean out after each weld, and its travel speed is much faster than MIG welder.
MIG Welder:
MIG (Metal Inert Gas) is a type of welder which uses an inert gas such as argon or helium for welding. It is one of the most popular types of welding equipment used in small and medium-sized businesses due to its low cost and easy usage. MIG welders are compact, lightweight, have a high amp rating and can be used by beginners as well as experts.
Application Insights:
The ship & offshore segment led the global welders market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for oil and gas from various countries, including Brazil, Russia, Saudi Arabia, UAE and Iran. These countries are engaged in hydrocarbon exploration and extraction activities on a large scale which requires huge investments for installation of production facilities at sea which will result in increased demand for welding services over the coming years.
Aerospace is another key application segment where MIG/TIG welders are extensively used due to their lightweight characteristics along with high-frequency capabilities required in aircraft manufacturing plants.
Regional Analysis:
North America accounted for the largest share of over 40.0% in 2017. The region is expected to maintain its lead throughout the forecast period owing to increasing demand from several end-use industries, such as shipbuilding and aerospace, which are characterized by high technological advancements and innovation in products. In addition, growing construction activities due to an increase in residential projects is anticipated to drive regional growth over the next eight years.
Asia Pacific emerged as a prominent market for welders with a revenue share of 23.4% in 2017 owing to rising investments by governments across various countries for developing infrastructure such as hospitals, schools, colleges etc.
Growth Factors:
- Increasing demand for welders in the automotive and construction industries
- Growing popularity of automated welding processes
- Rising demand for skilled welders in developing countries
- Technological advancements in welding equipment and techniques
- Growing awareness about the benefits of welding
Scope Of The Report
Report Attributes
Report Details
Report Title
Welders Market Research Report
By Type
TIG Welder, MIG Welder, Oxyacetylene Welder, Stick Welder, Others
By Application
Ship & Offshore, Aerospace, Automotive, Construction, Machinery, Others
By Companies
LINCOLN, MILLER, Colfax, Panasonic, OTC Daihen, SAF FRO, EWM Group, Fronius, Arcraft Plasma 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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Welders Market Report Segments:
The global Welders market is segmented on the basis of:
Types
TIG Welder, MIG Welder, Oxyacetylene Welder, Stick Welder, 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
Ship & Offshore, Aerospace, Automotive, Construction, Machinery, 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
- MILLER
- Colfax
- Panasonic
- OTC Daihen
- SAF FRO
- EWM Group
- Fronius
- Arcraft Plasma Equipment
Highlights of The Welders 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:
- TIG Welder
- MIG Welder
- Oxyacetylene Welder
- Stick Welder
- Others
- By Application:
- Ship & Offshore
- Aerospace
- Automotive
- Construction
- Machinery
- 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 Welders 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?
Welders is a welding tool that helps welders to join metals together.
Some of the key players operating in the welders market are LINCOLN, MILLER, Colfax, Panasonic, OTC Daihen, SAF FRO, EWM Group, Fronius, Arcraft Plasma Equipment.
The welders market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Welders Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Welders Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Welders Market - Supply Chain
4.5. Global Welders Market Forecast
4.5.1. Welders Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Welders Market Size (000 Units) and Y-o-Y Growth
4.5.3. Welders Market Absolute $ Opportunity
5. Global Welders Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Welders Market Size and Volume Forecast by Type
5.3.1. TIG Welder
5.3.2. MIG Welder
5.3.3. Oxyacetylene Welder
5.3.4. Stick Welder
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Welders Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Welders Market Size and Volume Forecast by Application
6.3.1. Ship & Offshore
6.3.2. Aerospace
6.3.3. Automotive
6.3.4. Construction
6.3.5. Machinery
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Welders Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Welders Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Welders Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Welders Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Welders Demand Share Forecast, 2019-2026
9. North America Welders Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Welders Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Welders Market Size and Volume Forecast by Application
9.4.1. Ship & Offshore
9.4.2. Aerospace
9.4.3. Automotive
9.4.4. Construction
9.4.5. Machinery
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Welders Market Size and Volume Forecast by Type
9.7.1. TIG Welder
9.7.2. MIG Welder
9.7.3. Oxyacetylene Welder
9.7.4. Stick Welder
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Welders Demand Share Forecast, 2019-2026
10. Latin America Welders Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Welders Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Welders Market Size and Volume Forecast by Application
10.4.1. Ship & Offshore
10.4.2. Aerospace
10.4.3. Automotive
10.4.4. Construction
10.4.5. Machinery
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Welders Market Size and Volume Forecast by Type
10.7.1. TIG Welder
10.7.2. MIG Welder
10.7.3. Oxyacetylene Welder
10.7.4. Stick Welder
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Welders Demand Share Forecast, 2019-2026
11. Europe Welders Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Welders Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Welders Market Size and Volume Forecast by Application
11.4.1. Ship & Offshore
11.4.2. Aerospace
11.4.3. Automotive
11.4.4. Construction
11.4.5. Machinery
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Welders Market Size and Volume Forecast by Type
11.7.1. TIG Welder
11.7.2. MIG Welder
11.7.3. Oxyacetylene Welder
11.7.4. Stick Welder
11.7.5. Others
11.8. Basis Point Share (BPS) Analysis by Type
119. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Welders Demand Share, 2019-2026
12. Asia Pacific Welders Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Welders Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Welders Market Size and Volume Forecast by Application
12.4.1. Ship & Offshore
12.4.2. Aerospace
12.4.3. Automotive
12.4.4. Construction
12.4.5. Machinery
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Welders Market Size and Volume Forecast by Type
12.7.1. TIG Welder
12.7.2. MIG Welder
12.7.3. Oxyacetylene Welder
12.7.4. Stick Welder
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Welders Demand Share, 2019-2026
13. Middle East & Africa Welders Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Welders Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Welders Market Size and Volume Forecast by Application
13.4.1. Ship & Offshore
13.4.2. Aerospace
13.4.3. Automotive
13.4.4. Construction
13.4.5. Machinery
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Welders Market Size and Volume Forecast by Type
13.7.1. TIG Welder
13.7.2. MIG Welder
13.7.3. Oxyacetylene Welder
13.7.4. Stick Welder
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Welders Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Welders Market: Market Share Analysis
14.2. Welders Distributors and Customers
14.3. Welders Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. LINCOLN
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. MILLER
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Colfax
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Panasonic
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. OTC Daihen
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. SAF FRO
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. EWM Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Fronius
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Arcraft Plasma Equipment
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
