Market Overview:
The global welding cable market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the welding cable market can be attributed to the increasing demand for arc-welding machines, lighting, communication, hoists and cranes, and automotive applications. North America is expected to hold the largest share of the global welding cable market in 2018 followed by Europe and Asia Pacific.
Product Definition:
Welding cable is a type of cable that is specifically designed for use in welding applications. It has a high degree of flexibility and resistance to heat and abrasion, making it ideal for use in this type of application. Welding cables are typically used to connect the power supply to the welding gun or machine, and can also be used as part of the grounding system.
1 AWG:
1 AWG is the standard thickness for welding cables. It means one American Wire Gauge. It is used to measure the thickness of electric wires and cables in America and it's used as a reference in most of the countries across world. 1AWG usually has mean diameter between 0.9mm-1.8mm, length between 50m-300m, and range 10kgs to 500kgs depending upon application type i e., residential or commercial building construction etc.
2 AWG:
2 AWG is a low-sized cable, which has a smaller cross-section than 1/0.8mm2 and 0.3mm2 cables, but larger than 0.22mm2 cables; it has the same insulation properties as higher AWG welding cables and is used in applications where small size or high flexibility are required such as aerial work platforms, cranes on ships & offshore rigs, mobile offshore drilling units (MODU), etc.
Application Insights:
The application segment of the global welding cable market is categorized into arc-welding machine, lighting, communication, Hoists and cranes, automotive and others. The arc-welding machine application segment accounted for a major share in 2017 owing to the increasing demand for these machines from various industries such as construction and energy. Arc welding is one of the most widely used processes in several applications including pipe fitting & assembly, structural steelwork fabrication plant flooring & girders fabricating etc.
Communication was another prominent segment accounting for significant market share in 2017 due to extensive use across industrial applications such as material handling equipment on factory floors where it is used to transport personnel between departments or between floors within a building complex.
Regional Analysis:
North America accounted for the largest share of over 35.0% in 2017, owing to the presence of a large number of manufacturers and end-users in this region. The U.S., being one of the most developed countries, is also home to several multinational companies that are involved in various projects across the globe; thus, they require welding equipment for carrying out these projects.
Asia Pacific is expected to be one of the fastest-growing regions with a CAGR exceeding 5.0% from 2018 to 2030 as China has been witnessing rapid growth ever since economic reforms were introduced there by Deng Xiaoping way back in 1978 under socialism with Chinese characteristics policy framework initiated by Chairman Mao Zedong at that time; hence it has become an important country both economically and culturally speaking throughout history as well as present times – which results into high demand for industrial machinery such as arc welders.
Growth Factors:
- Increasing demand for welding cable from the automotive and transportation sector due to the increasing production of vehicles.
- Growing demand for welding cables from the construction sector due to the increasing number of infrastructure projects.
- Rising demand for welding cables from the electrical and electronics sector due to growth in end-user industries such as telecommunications, IT, and consumer electronics sectors.
- Increasing adoption of automated welding processes that require high-quality welded joints which can be achieved only with quality welded cables
Scope Of The Report
Report Attributes
Report Details
Report Title
Welding Cable Market Research Report
By Type
1 AWG, 2 AWG, 4 AWG, 6 AWG
By Application
Arc-Welding Machine, Lighting, Communicatio, Hoists and Cranes, Automotive
By Companies
Lincoln Electric, Kalas Wire, TEMCo Industrial, Eland Cables, Anixter, Southwire, China Huadong Cable
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Welding Cable Market Report Segments:
The global Welding Cable market is segmented on the basis of:
Types
1 AWG, 2 AWG, 4 AWG, 6 AWG
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
Arc-Welding Machine, Lighting, Communicatio, Hoists and Cranes, Automotive
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
- Kalas Wire
- TEMCo Industrial
- Eland Cables
- Anixter
- Southwire
- China Huadong Cable
Highlights of The Welding Cable 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:
- 1 AWG
- 2 AWG
- 4 AWG
- 6 AWG
- By Application:
- Arc-Welding Machine
- Lighting
- Communicatio
- Hoists and Cranes
- Automotive
- 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 Welding Cable 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?
Welding cable is a type of welding wire that is made up of several strands of metal that are twisted together. Welding cable is used to weld two pieces of metal together.
Some of the major companies in the welding cable market are Lincoln Electric, Kalas Wire, TEMCo Industrial, Eland Cables, Anixter, Southwire, China Huadong Cable.
The welding cable market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Welding Cable 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. Welding Cable Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Welding Cable Market - Supply Chain
4.5. Global Welding Cable Market Forecast
4.5.1. Welding Cable Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Welding Cable Market Size (000 Units) and Y-o-Y Growth
4.5.3. Welding Cable Market Absolute $ Opportunity
5. Global Welding Cable 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. Welding Cable Market Size and Volume Forecast by Type
5.3.1. 1 AWG
5.3.2. 2 AWG
5.3.3. 4 AWG
5.3.4. 6 AWG
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Welding Cable 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. Welding Cable Market Size and Volume Forecast by Application
6.3.1. Arc-Welding Machine
6.3.2. Lighting
6.3.3. Communicatio
6.3.4. Hoists and Cranes
6.3.5. Automotive
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Welding Cable 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. Welding Cable 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 Welding Cable 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. Welding Cable 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 Welding Cable Demand Share Forecast, 2019-2026
9. North America Welding Cable 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 Welding Cable 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 Welding Cable Market Size and Volume Forecast by Application
9.4.1. Arc-Welding Machine
9.4.2. Lighting
9.4.3. Communicatio
9.4.4. Hoists and Cranes
9.4.5. Automotive
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Welding Cable Market Size and Volume Forecast by Type
9.7.1. 1 AWG
9.7.2. 2 AWG
9.7.3. 4 AWG
9.7.4. 6 AWG
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 Welding Cable Demand Share Forecast, 2019-2026
10. Latin America Welding Cable 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 Welding Cable 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 Welding Cable Market Size and Volume Forecast by Application
10.4.1. Arc-Welding Machine
10.4.2. Lighting
10.4.3. Communicatio
10.4.4. Hoists and Cranes
10.4.5. Automotive
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Welding Cable Market Size and Volume Forecast by Type
10.7.1. 1 AWG
10.7.2. 2 AWG
10.7.3. 4 AWG
10.7.4. 6 AWG
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 Welding Cable Demand Share Forecast, 2019-2026
11. Europe Welding Cable 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 Welding Cable 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 Welding Cable Market Size and Volume Forecast by Application
11.4.1. Arc-Welding Machine
11.4.2. Lighting
11.4.3. Communicatio
11.4.4. Hoists and Cranes
11.4.5. Automotive
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Welding Cable Market Size and Volume Forecast by Type
11.7.1. 1 AWG
11.7.2. 2 AWG
11.7.3. 4 AWG
11.7.4. 6 AWG
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projetions 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 Welding Cable Demand Share, 2019-2026
12. Asia Pacific Welding Cable 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 Welding Cable 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 Welding Cable Market Size and Volume Forecast by Application
12.4.1. Arc-Welding Machine
12.4.2. Lighting
12.4.3. Communicatio
12.4.4. Hoists and Cranes
12.4.5. Automotive
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Welding Cable Market Size and Volume Forecast by Type
12.7.1. 1 AWG
12.7.2. 2 AWG
12.7.3. 4 AWG
12.7.4. 6 AWG
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 Welding Cable Demand Share, 2019-2026
13. Middle East & Africa Welding Cable 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 Welding Cable 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 Welding Cable Market Size and Volume Forecast by Application
13.4.1. Arc-Welding Machine
13.4.2. Lighting
13.4.3. Communicatio
13.4.4. Hoists and Cranes
13.4.5. Automotive
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Welding Cable Market Size and Volume Forecast by Type
13.7.1. 1 AWG
13.7.2. 2 AWG
13.7.3. 4 AWG
13.7.4. 6 AWG
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 Welding Cable Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Welding Cable Market: Market Share Analysis
14.2. Welding Cable Distributors and Customers
14.3. Welding Cable Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Lincoln Electric
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Kalas Wire
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. TEMCo Industrial
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Eland Cables
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Anixter
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Southwire
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. China Huadong Cable
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
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
