Market Overview:
The global welding equipment, accessories, and consumables market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for welding equipment and consumables in various end-use industries such as automotive, construction, and manufacturing. Arc welding technology is expected to dominate the global welding equipment market during the forecast period owing to its high efficiency and low cost. However, oxy-fuel welding technology is projected to grow at a higher CAGR than arc welding technology during the forecast period due its ability to weld metals having high thicknesses. Welding electrodes are estimated hold the largest share of the global Welding Equipment Accessories And Consumables Market by type in 2018.
Product Definition:
Welding equipment, accessories and consumables are necessary to complete a weld. Equipment includes the welder itself as well as clamps, wire and other tools used in the welding process. Accessories include things like helmets, gloves and jackets that protect the welder from sparks and heat. Consumables are materials used in the welding process, such as filler metal and flux.
Technology (Arc Welding and Oxy-Fuel Welding):
Technology is the base for any industry and welding equipment, accessories, and consumables market. Welding technology has evolved over time owing to several advancements in science & technology. The development of new materials such as MIG (Metal Inert Gas) and TIG (Tungsten Inert Gas) with improved characteristics has also contributed towards the evolution of welding technologies.
Equipment Type (Welding Electrode, Filler Metal, and Oxy-fuel Gas):
Equipment type is a classification of welding equipment and consumables used in the manufacturing industry. It helps to identify products by their functions and characteristics. Welding equipment consists of electrodes, gases, wires & cables, fume extractors & cleaners, regulators & controllers along with accessories such as gloves etc.
Application Insights:
Application I includes construction, automotive, and marine. In 2017, application I accounted for the largest share in terms of revenue as well as volume. The growth can be attributed to increasing demand for steel from various industries such as transportation and building. Construction is anticipated to be one of the fastest-growing segments over the forecast period owing to rising infrastructure spending by governments across various countries globally including China, India, U.S.
The Asia Pacific region has been witnessing tremendous industrialization in recent years which has led to increased demand for energy efficient technologies that result in reduced carbon emissions thus leading towards a greener tomorrow with even lower impact on environment worldwide which is expected to boost industry growth over the forecast period globally.
Regional Analysis:
Asia Pacific accounted for the largest share in 2016 and is expected to continue its dominance over the forecast period. The region is home to several prominent markets, such as China, Japan, South Korea, India and Australia. Increasing demand for high-quality steel products from various end-use industries coupled with rising construction activities in these countries is anticipated to drive regional growth over the next eight years.
The Middle East & Africa market was valued at USD X million in 2016 owing to increasing government spending on infrastructure projects across countries such as Saudi Arabia and UAE. In addition, growing oil & gas industry coupled with rising investments by companies for expanding their business operations are likely to support market growth during the forecast period.
North America emerged as one of the most promising regions during 2016 due to presence of a large number of key players involved in manufacturing consumables.
Growth Factors:
- Increasing demand for welding equipment from the automotive and aerospace industries
- Growing popularity of automated welding processes
- Rising demand for MIG and TIG welders in construction and manufacturing sectors
- Proliferation of laser-based welding systems
- Increasing use of consumables in robotic welding
Scope Of The Report
Report Attributes
Report Details
Report Title
Welding Equipment, Accessories, and Consumables Market Research Report
By Type
Technology (Arc Welding and Oxy-Fuel Welding), Equipment Type (Welding Electrode, Filler Metal, and Oxy-fuel Gas), Accessory, Consumable
By Application
Application I, Application II
By Companies
Colfax corporations, Lincoln Electric, Illinois Tool Works, Air Liquide, Linde group, GCE holding, Fronius international, CSR, Messer group, Matheson tri-gas, Bug-O, Gentec, Muller
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Welding Equipment, Accessories, and Consumables Market Report Segments:
The global Welding Equipment, Accessories, and Consumables market is segmented on the basis of:
Types
Technology (Arc Welding and Oxy-Fuel Welding), Equipment Type (Welding Electrode, Filler Metal, and Oxy-fuel Gas), Accessory, Consumable
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
Application I, Application II
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:
- Colfax corporations
- Lincoln Electric
- Illinois Tool Works
- Air Liquide
- Linde group
- GCE holding
- Fronius international
- CSR
- Messer group
- Matheson tri-gas
- Bug-O
- Gentec
- Muller
Highlights of The Welding Equipment, Accessories, and Consumables 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:
- Technology (Arc Welding and Oxy-Fuel Welding)
- Equipment Type (Welding Electrode, Filler Metal, and Oxy-fuel Gas)
- Accessory
- Consumable
- By Application:
- Application I
- Application II
- 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 Equipment, Accessories, and Consumables 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 equipment, accessories, and consumables are items that are used in welding. These can include torches, electrodes, shielding gas tanks and regulators, wire feeders and cutters, and more.
Some of the major players in the welding equipment, accessories, and consumables market are Colfax corporations, Lincoln Electric, Illinois Tool Works, Air Liquide, Linde group, GCE holding, Fronius international, CSR, Messer group, Matheson tri-gas, Bug-O, Gentec, Muller.
The welding equipment, accessories, and consumables market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Welding Equipment, Accessories, and Consumables 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 Equipment, Accessories, and Consumables Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Welding Equipment, Accessories, and Consumables Market - Supply Chain
4.5. Global Welding Equipment, Accessories, and Consumables Market Forecast
4.5.1. Welding Equipment, Accessories, and Consumables Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Welding Equipment, Accessories, and Consumables Market Size (000 Units) and Y-o-Y Growth
4.5.3. Welding Equipment, Accessories, and Consumables Market Absolute $ Opportunity
5. Global Welding Equipment, Accessories, and Consumables 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 Equipment, Accessories, and Consumables Market Size and Volume Forecast by Type
5.3.1. Technology (Arc Welding and Oxy-Fuel Welding)
5.3.2. Equipment Type (Welding Electrode, Filler Metal, and Oxy-fuel Gas)
5.3.3. Accessory
5.3.4. Consumable
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Welding Equipment, Accessories, and Consumables 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 Equipment, Accessories, and Consumables Market Size and Volume Forecast by ApplicationIII
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Welding Equipment, Accessories, and Consumables 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 Equipment, Accessories, and Consumables 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 Equipment, Accessories, and Consumables 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 Equipment, Accessories, and Consumables 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 Equipment, Accessories, and Consumables Demand Share Forecast, 2019-2029
9. North America Welding Equipment, Accessories, and Consumables 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 Equipment, Accessories, and Consumables 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 Equipment, Accessories, and Consumables Market Size and Volume Forecast by ApplicationIII
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Welding Equipment, Accessories, and Consumables Market Size and Volume Forecast by Type
9.7.1. Technology (Arc Welding and Oxy-Fuel Welding)
9.7.2. Equipment Type (Welding Electrode, Filler Metal, and Oxy-fuel Gas)
9.7.3. Accessory
9.7.4. Consumable
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 Equipment, Accessories, and Consumables Demand Share Forecast, 2019-2029
10. Latin America Welding Equipment, Accessories, and Consumables 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 Equipment, Accessories, and Consumables 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 Equipment, Accessories, and Consumables Market Size and Volume Forecast by ApplicationIII
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Welding Equipment, Accessories, and Consumables Market Size and Volume Forecast by Type
10.7.1. Technology (Arc Welding and Oxy-Fuel Welding)
10.7.2. Equipment Type (Welding Electrode, Filler Metal, and Oxy-fuel Gas)
10.7.3. Accessory
10.7.4. Consumable
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 Equipment, Accessories, and Consumables Demand Share Forecast, 2019-2029
11. Europe Welding Equipment, Accessories, and Consumables 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 Equipment, Accessories, and Consumables 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 Equipment, Accessories, and Consumables Market Size and Volume Forecast by ApplicationIII
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Welding Equipment, Accessories, and Consumables Market Size and Volume Forecast by Type
11.7.1. Technology (Arc Welding and Oxy-Fuel Welding)
11.7.2. Equipment Type (Welding Electrode, Filler Metal, and Oxy-fuel Gas)
11.7.3. Accessory
11.7.4. Consumable
11.8. Basis Point Share (BPS) Analysis by Type
11.9. 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 Welding Equipment, Accessories, and Consumables Demand Share, 2019-2029
12. Asia Pacific Welding Equipment, Accessories, and Consumables 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 Equipment, Accessories, and Consumables 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 Equipment, Accessories, and Consumables Market Size and Volume Forecast by ApplicationIII
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Welding Equipment, Accessories, and Consumables Market Size and Volume Forecast by Type
12.7.1. Technology (Arc Welding and Oxy-Fuel Welding)
12.7.2. Equipment Type (Welding Electrode, Filler Metal, and Oxy-fuel Gas)
12.7.3. Accessory
12.7.4. Consumable
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 Equipment, Accessories, and Consumables Demand Share, 2019-2029
13. Middle East & Africa Welding Equipment, Accessories, and Consumables 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 Equipment, Accessories, and Consumables 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 Equipment, Accessories, and Consumables Market Size and Volume Forecast by ApplicationIII
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Welding Equipment, Accessories, and Consumables Market Size and Volume Forecast by Type
13.7.1. Technology (Arc Welding and Oxy-Fuel Welding)
13.7.2. Equipment Type (Welding Electrode, Filler Metal, and Oxy-fuel Gas)
13.7.3. Accessory
13.7.4. Consumable
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 Equipment, Accessories, and Consumables Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Welding Equipment, Accessories, and Consumables Market: Market Share Analysis
14.2. Welding Equipment, Accessories, and Consumables Distributors and Customers
14.3. Welding Equipment, Accessories, and Consumables Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Colfax corporations
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Lincoln Electric
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Illinois Tool Works
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Air Liquide
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Linde group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. GCE holding
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Fronius international
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. CSR
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Messer group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Matheson tri-gas
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Bug-O
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Gentec
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Muller
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
