Market Overview:
The global welding machines market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in the welding machines market can be attributed to the increasing demand for welded products from various end-use industries, such as automotive, heavy equipment, aerospace, electronics, medical and precision instruments. Additionally, the growing demand for energy and chemical products is also propelling the growth of the welding machines market. Arc welding is expected to be one of the fastest growing segments in terms of type during 2018-2030 owing to its high efficiency and low cost as compared to other types of welding processes. Resistance welding is another key segment that dominates this market due to its ability to weld large components quickly and easily.
Product Definition:
Welding machines are used for welding different types of metals. It is an important machine in the manufacturing industry.
Arc Welding:
Welding machines are used for joining two or more metals and alloys by heating them and causing them to flow together. The most common welding processes include arc welding, gas metal-arc (MIG) welding, resistance welding, oxy-fuel Welding (Oxy-fuel is a low budget process but it can be used in many applications), laser beam welders and electron beam welders.
Resistance Welding:
Resistance welding is a process in which the filler metal is moved by the arc to create and shape weld pool. It's majorly used for joining dissimilar metals or alloys, especially when there are high melting points involved. The filler material is positioned between the electrodes and it's melted by heat generated from an electric arc.
Application Insights:
The automotive segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing production of electric vehicles, which use welding as one of their processes owing to its ability to combine strength with lightweight. Resistance welding is widely used in this application as it produces less heat than other types welds and also has low consumables costs when compared with other processes such as spot or mig welding.
Aerospace is another key application sector where these machines are used extensively due to high demand for aircraft from various end-use industries including aviation, defense and transportation among others that require precision manufactured components using advanced materials handling procedures on a consistent basis. Arc Welding plays an important role in aerospace applications along with resistance methods such as MIG (Metal Injection Gas) & TIG (Tungsten Injector Gas).
Regional Analysis:
Asia Pacific accounted for the largest share of over 40% in 2017. The region is expected to witness significant growth owing to increasing demand from the end-use industries such as heavy equipment, aerospace and electronics. In addition, rising investments by various governments in developing countries are anticipated to drive the market further. For instance, China has planned extensive modernization activities which include construction of high-speed railway network and other infrastructure projects at a cost of USD X trillion between 2014 and 2023.
Growth Factors:
- Increasing demand for welding machines from the automotive and construction industries
- Growing popularity of automated welding machines
- Rising demand for laser welding machines in the medical devices industry
- Increasing use of MIG and TIG welding technologies in manufacturing processes
- Proliferation of micro-welding applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Welding Machines Market Research Report
By Type
Arc Welding, Resistance Welding
By Application
Automotive, Heavy Equipment, Aerospace, Electronics, Medical, Precision Instruments, Energy and Chemical
By Companies
Lincoln Electric, Colfax, Illinois Tool Works, Kobe Steel, Fronius International, Air Liquide, Panasonic Welding Systems, Nelson Stud Welding, Obara, Daihen, Jasic Technology, Nimak, Riland, Telwin, EWM, Hugong, Kokuho, Arc Machines, Denyo, Timewelder, Aotai Electric, Koike Aronson, Aitel Welder
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Welding Machines Market Report Segments:
The global Welding Machines market is segmented on the basis of:
Types
Arc Welding, Resistance 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
Automotive, Heavy Equipment, Aerospace, Electronics, Medical, Precision Instruments, Energy and Chemical
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
- Colfax
- Illinois Tool Works
- Kobe Steel
- Fronius International
- Air Liquide
- Panasonic Welding Systems
- Nelson Stud Welding
- Obara
- Daihen
- Jasic Technology
- Nimak
- Riland
- Telwin
- EWM
- Hugong
- Kokuho
- Arc Machines
- Denyo
- Timewelder
- Aotai Electric
- Koike Aronson
- Aitel Welder
Highlights of The Welding Machines 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:
- Arc Welding
- Resistance Welding
- By Application:
- Automotive
- Heavy Equipment
- Aerospace
- Electronics, Medical, Precision Instruments
- Energy and Chemical
- 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 Machines 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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- Understanding Competition Scenario
- Product & Brand Management
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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 machines are used to join metals together. They use a filler material, such as gas or arc welding wire, to create a weld between the two pieces of metal.
Some of the major players in the welding machines market are Lincoln Electric, Colfax, Illinois Tool Works, Kobe Steel, Fronius International, Air Liquide, Panasonic Welding Systems, Nelson Stud Welding, Obara, Daihen, Jasic Technology, Nimak, Riland, Telwin, EWM, Hugong, Kokuho, Arc Machines, Denyo, Timewelder, Aotai Electric, Koike Aronson, Aitel Welder.
The welding machines 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 Machines 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 Machines Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Welding Machines Market - Supply Chain
4.5. Global Welding Machines Market Forecast
4.5.1. Welding Machines Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Welding Machines Market Size (000 Units) and Y-o-Y Growth
4.5.3. Welding Machines Market Absolute $ Opportunity
5. Global Welding Machines 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 Machines Market Size and Volume Forecast by Type
5.3.1. Arc Welding
5.3.2. Resistance Welding
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Welding Machines 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 Machines Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Heavy Equipment
6.3.3. Aerospace
6.3.4. Electronics, Medical, Precision Instruments
6.3.5. Energy and Chemical
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Welding Machines 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 Machines 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 Machines 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 Machines 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 Machines Demand Share Forecast, 2019-2029
9. North America Welding Machines 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 Machines 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 Machines Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Heavy Equipment
9.4.3. Aerospace
9.4.4. Electronics, Medical, Precision Instruments
9.4.5. Energy and Chemical
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Welding Machines Market Size and Volume Forecast by Type
9.7.1. Arc Welding
9.7.2. Resistance Welding
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 Machines Demand Share Forecast, 2019-2029
10. Latin America Welding Machines 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 Machines 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 Machines Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Heavy Equipment
10.4.3. Aerospace
10.4.4. Electronics, Medical, Precision Instruments
10.4.5. Energy and Chemical
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Welding Machines Market Size and Volume Forecast by Type
10.7.1. Arc Welding
10.7.2. Resistance Welding
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 Machines Demand Share Forecast, 2019-2029
11. Europe Welding Machines 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 Machines 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 Machines Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Heavy Equipment
11.4.3. Aerospace
11.4.4. Electronics, Medical, Precision Instruments
11.4.5. Energy and Chemical
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Welding Machines Market Size and Volume Forecast by Type
11.7.1. Arc Welding
11.7.2. Resistance Welding
11.8. Basis Point Share (BPS) Analysisby 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 Machines Demand Share, 2019-2029
12. Asia Pacific Welding Machines 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 Machines 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 Machines Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Heavy Equipment
12.4.3. Aerospace
12.4.4. Electronics, Medical, Precision Instruments
12.4.5. Energy and Chemical
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Welding Machines Market Size and Volume Forecast by Type
12.7.1. Arc Welding
12.7.2. Resistance Welding
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 Machines Demand Share, 2019-2029
13. Middle East & Africa Welding Machines 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 Machines 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 Machines Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Heavy Equipment
13.4.3. Aerospace
13.4.4. Electronics, Medical, Precision Instruments
13.4.5. Energy and Chemical
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Welding Machines Market Size and Volume Forecast by Type
13.7.1. Arc Welding
13.7.2. Resistance Welding
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 Machines Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Welding Machines Market: Market Share Analysis
14.2. Welding Machines Distributors and Customers
14.3. Welding Machines 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. Colfax
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. Kobe Steel
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Fronius International
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Air Liquide
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Panasonic Welding Systems
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Nelson Stud Welding
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Obara
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Daihen
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Jasic Technology
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Nimak
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Riland
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Telwin
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. EWM
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Hugong
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Kokuho
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Arc Machines
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Denyo
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Timewelder
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
