The global welding power supply market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of this market is driven by the increasing demand for welding equipment in various industries such as construction, automotive, and shipbuilding. The increasing demand for welding equipment in these industries has led to an increase in the number of welders and welders’ assistants employed across various regions globally. This has resulted in an increased need for welding power supplies that can provide uninterrupted power supply to these welders and their assistants while they are working on projects or performing maintenance work on machinery or equipment.
The global welding power supply market is segmented based on type into direct current (DC), alternating current (AC), and pulsed current (PC). DC is expected to account for the largest share of this market during the forecast period due to its low cost and high efficiency when compared with AC or PC types of power supplies. AC type will be a close second due its high voltage output which makes it suitable for use with large-scale industrial applications such as shipbuilding where there are heavy duty requirements from welders who work on large-scale projects involving steel structures, pipelines, etc, which require higher voltage input than DC type can provide. PC will account for a small share of this market due to its high cost when compared with other types of power supplies available in the global welding industry today; however, it does have some advantages over other types such as being able to produce short bursts that are required by some applications like spot-welding where quick bursts are needed without having any interruption between them.
- Increasing demand for welding equipment.
- Increasing demand for metal products.
- Rising number of construction projects.
- Growing need to replace aging power sources.
- Technological advancements in welding.
Industry Growth Insights published a new data on “Welding Power Supply Market”. The research report is titled “Welding Power Supply Market research by Types (Direct Current, Alternating Current, Pulsed Current), By Applications (Construction, Automotive, Shipbuilding, Others), By Players/Companies AMADA HOLDINGS, Colfax, Fronius, Illinois Tool Works, Lincoln Electric, MEAN WEL, TDK Lambda, Siemens, General Electric, XP Power, Murata Power Solutions, Artesyn, Cosel, MTM Power”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Welding Power Supply Market Research Report
By Type
Direct Current, Alternating Current, Pulsed Current
By Application
Construction, Automotive, Shipbuilding, Others
By Companies
AMADA HOLDINGS, Colfax, Fronius, Illinois Tool Works, Lincoln Electric, MEAN WEL, TDK Lambda, Siemens, General Electric, XP Power, Murata Power Solutions, Artesyn, Cosel, MTM Power
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Welding Power Supply Market Report Segments:
The global Welding Power Supply market is segmented on the basis of:
Types
Direct Current, Alternating Current, Pulsed Current
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
Construction, Automotive, Shipbuilding, 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:
- AMADA HOLDINGS
- Colfax
- Fronius
- Illinois Tool Works
- Lincoln Electric
- MEAN WEL
- TDK Lambda
- Siemens
- General Electric
- XP Power
- Murata Power Solutions
- Artesyn
- Cosel
- MTM Power
Highlights of The Welding Power Supply 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:
- Direct Current
- Alternating Current
- Pulsed Current
- By Application:
- Construction
- Automotive
- Shipbuilding
- 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 Welding Power Supply 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.
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- Correctly Positioning New Products
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- 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 power supply is a device that provides welding current to the welder.
Some of the major players in the welding power supply market are AMADA HOLDINGS, Colfax, Fronius, Illinois Tool Works, Lincoln Electric, MEAN WEL, TDK Lambda, Siemens, General Electric, XP Power, Murata Power Solutions, Artesyn, Cosel, MTM Power.
The welding power supply market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Welding Power Supply 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 Power Supply Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Welding Power Supply Market - Supply Chain
4.5. Global Welding Power Supply Market Forecast
4.5.1. Welding Power Supply Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Welding Power Supply Market Size (000 Units) and Y-o-Y Growth
4.5.3. Welding Power Supply Market Absolute $ Opportunity
5. Global Welding Power Supply 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 Power Supply Market Size and Volume Forecast by Type
5.3.1. Direct Current
5.3.2. Alternating Current
5.3.3. Pulsed Current
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Welding Power Supply 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 Power Supply Market Size and Volume Forecast by Application
6.3.1. Construction
6.3.2. Automotive
6.3.3. Shipbuilding
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Welding Power Supply 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 Power Supply 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 Power Supply 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 Power Supply 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 Power Supply Demand Share Forecast, 2019-2026
9. North America Welding Power Supply 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 Power Supply 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 Power Supply Market Size and Volume Forecast by Application
9.4.1. Construction
9.4.2. Automotive
9.4.3. Shipbuilding
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Welding Power Supply Market Size and Volume Forecast by Type
9.7.1. Direct Current
9.7.2. Alternating Current
9.7.3. Pulsed Current
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 Power Supply Demand Share Forecast, 2019-2026
10. Latin America Welding Power Supply 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 Power Supply 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 Power Supply Market Size and Volume Forecast by Application
10.4.1. Construction
10.4.2. Automotive
10.4.3. Shipbuilding
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Welding Power Supply Market Size and Volume Forecast by Type
10.7.1. Direct Current
10.7.2. Alternating Current
10.7.3. Pulsed Current
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 Power Supply Demand Share Forecast, 2019-2026
11. Europe Welding Power Supply 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 Power Supply 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 Power Supply Market Size and Volume Forecast by Application
11.4.1. Construction
11.4.2. Automotive
11.4.3. Shipbuilding
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Welding Power Supply Market Size and Volume Forecast by Type
11.7.1. Direct Current
11.7.2. Alternating Current
11.7.3. Pulsed Current
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 Power Supply Demand Share, 2019-2026
12. Asia Pacific Welding Power Supply 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 Power Supply 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 Power Supply Market Size and Volume Forecast by Application
12.4.1. Construction
12.4.2. Automotive
12.4.3. Shipbuilding
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Welding Power Supply Market Size and Volume Forecast by Type
12.7.1. Direct Current
12.7.2. Alternating Current
12.7.3. Pulsed Current
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 Power Supply Demand Share, 2019-2026
13. Middle East & Africa Welding Power Supply 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 Power Supply 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 Power Supply Market Size and Volume Forecast by Application
13.4.1. Construction
13.4.2. Automotive
13.4.3. Shipbuilding
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Welding Power Supply Market Size and Volume Forecast by Type
13.7.1. Direct Current
13.7.2. Alternating Current
13.7.3. Pulsed Current
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 Power Supply Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Welding Power Supply Market: Market Share Analysis
14.2. Welding Power Supply Distributors and Customers
14.3. Welding Power Supply Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. AMADA HOLDINGS
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. Fronius
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Illinois Tool Works
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Lincoln Electric
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. MEAN WEL
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. TDK Lambda
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Siemens
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. General Electric
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. XP Power
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Murata Power Solutions
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Artesyn
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Cosel
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. MTM Power
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
