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Global Welding and Cutting Equipment Market Size, By Equipment Type(Electron Beam Welding equipment, Laser Welding equipment, Flame Welding equipment, Electric Arc Welding equipment, Oxy-fuel cutting equipment, Plasma cutting equipment, Gouging equipment, Portable cutting equipment), By Operation(Automatic, Semi-Automatic, Manual), By Application(Energy Industry, Railway & Shipbuilding Industry, Building & Construction Industry, Automobile Industry, Heavy Engineering) Forecasts 2015 - 2028

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Published on 11/07/2021| Code: CMM460001| Category: Heavy Industry| Total Pages: 108

Global Welding and Cutting Equipment Market- Description

Welding equipment is used to create or join two or more materials permanently that are usually metals or thermoplastics.

There are different types of welding processes that includes electric arcs, gas flames, electron beams, electric resistance, friction, electron beams, lasers, ultrasound, and molten metal baths. Different equipment is also used in welding, such as welding helmets, gloves, blankets, etc. so as to withstand hazardous heat, sparks, glare, and spatter generated during welding.

In addition to this, welding tables and accessories are also used during welding so as to improve efficiency and accuracy during welding tasks.

Global Welding and Cutting Equipment Market- Overview

The global welding and cutting equipment market is valued at USD 1.76 billion in 2022 and is projected to reach a value of USD 3.23 billion in 2030 expanding at a CAGR of 7.9% over the forecast period of 2022-2030.

The welding machines are generally utilized for the fabrication of two or more materials. They are used in many industries and has helped them.

Also, the surge in demand for the welding equipment in numerous industries has helped in driving the market growth. The rise in investments in the R&D activities has helped in the introduction of new welding technologies that will add up to the rising product demand.

Also, the implementation of multiple technologies has made the welding processes easier for the operators in order to meet the quality as well as production demand of the manufacturers.

Key trends of the Global Welding and Cutting Equipment Market

There are many factors that have fueled the market growth of the global welding and cutting equipment market. One of the major factors is the rapid growth of automobile industry. This is because of the increase in consumption rate of vehicles across the region.

The frequently used welding procedures are followed in the automobile applications and is commonly known as resistance spot welding. Welding equipment have played a vital role in the automotive industry and thus, in turn this has increased the demand of the market.

In addition to this, increase in deployment of robotic laser beam welding is used for better and consistent welding. The robotic technology has helped in reduction of time of welding operation by welding of two disjoint metals in order to form a high precision welded component.

Segmental analysis of the Global Welding and Cutting Equipment Market

Based on technology

  • Arc welding
  • Resistance spot welding
  • MIG/TIG Welding
  • Laser beam welding
  • Others

Arc welding segment is expected to dominate the market over the forecast year. This is because it is cost-effective.

Based on Automation

  • Automatic
  • Semi-automatic
  • Manual

Semi- automatic segment is expected to dominate the market over the forecast period.

Based on Application

  • Automotive
  • Building and construction
  • Heavy engineering
  • Railway and shipbuilding

Heavy engineering segment has the highest growth and is expected to dominate the market over the forecast period.

Based on Region

  • North America
  • Europe
  • Asia Pacific
  • Middle east and Africa

Asia Pacific is expected to dominate the market, globally. This is because of the rise in government initiatives in order to support the sector development that has driven the market growth.

Competitive Landscape

Every market has its prominent players. Some of the major players of the market are:

  • Amada Miyachi, Inc.
  • Arcon Welding Equipment
  • Colfax Corporation
  • DAIHEN Corporation
  • ESAB Welding & Cutting Products
  • Fronius International GmbH
  • Illinois Tool Works, Inc.
  • Nelson Stud Welding (Doncasters Group, Ltd.)
  • Obara Corporation
  • Panasonic Corporation.
  • Rofin-Sinar Technologies
  • Sonics & Materials, Inc.
  • The Lincoln Electric Company
  • Voestalpine AG.

SCOPE OF THE REPORT

BASE YEAR- 2022

SCIENTIFIC PERIOD- 2018-2021

FORECAST PERIOD- 2022-2030

CAGR- 7.9%

SEGMENTS COVERED- Technology; Automation; Application; Region

COMPANIES COVERED- Amada Miyachi, Inc., Arcon Welding Equipment, Colfax Corporation, DAIHEN Corporation, ESAB Welding & Cutting Products, Fronius International GmbH, Illinois Tool Works, Inc., Nelson Stud Welding (Doncasters Group, Ltd.), Obara Corporation, Panasonic Corporation., Rofin-Sinar Technologies, Sonics & Materials, Inc., The Lincoln Electric Company, and voestalpine AG.

1 Executive Summary
1.1.    Global Welding and Cutting Equipment Market Snapshot
1.2.    Global Welding and Cutting Equipment Market Taxonomy
1.3.    Global Welding and Cutting Equipment Market Introduction

2 Market Dynamics
2.1.    Drivers Factors
2.2.    Restraints
2.3.    Opportunities
2.4.    Recent Trends
2.5.    PROTER’S Five Analysis
2.6.    PEST Analysis
2.7.    COVID-19 Impacts on industry

3 Global Welding and Cutting Equipment Market overview
3.1.    Global Welding and Cutting Equipment Market Value (US$ Mn), 2016-2028
3.2.    Global Welding and Cutting Equipment Market Incremental Opportunity (US$ Mn), 2016-2028
3.3.    Global Welding and Cutting Equipment Market Outlook, By Equipment Type
3.3.1.   Global Welding and Cutting Equipment Market share % By Equipment Type, 2016-2020-2028
3.3.2.   Global Welding and Cutting Equipment Market Value (US$ Mn), By Equipment Type, 2016-2028
3.3.3.   Global Welding and Cutting Equipment Market Value (US$ Mn), By Equipment Type, Table, 2016-2028
3.3.4.   Global Welding and Cutting Equipment Market share (%), By Equipment Type, Table, 2016-2028
3.4.    Global Welding and Cutting Equipment Market Outlook, By Operation
3.4.1.   Global Welding and Cutting Equipment Market share % By Operation, 2016-2020-2028
3.4.2.   Global Welding and Cutting Equipment Market Value US$ Mn, By Operation, 2016-2028
3.4.3.   Global Welding and Cutting Equipment Market Value (US$ Mn), By Operation, Table, 2016-2028
3.4.4.   Global Welding and Cutting Equipment Market share (%), By Operation, Table, 2016-2028
3.5.    Global Welding and Cutting Equipment Market Outlook, by Application
3.5.1.   Global Welding and Cutting Equipment Market share % by Application, 2016-2020-2028
3.5.2.   Global Welding and Cutting Equipment Market Value US$ Mn, By Application, 2016-2028
3.5.3.   Global Welding and Cutting Equipment Market Value (US$ Mn), By Application, Table, 2016-2028
3.5.4.   Global Welding and Cutting Equipment Market share (%), By Application, Table, 2016-2028
3.6.    Global Welding and Cutting Equipment Market Outlook, by Region
3.6.1.   Global Welding and Cutting Equipment Market share % by Region, 2016-2020-2028
3.6.2.   Global Welding and Cutting Equipment Market Value US $Mn, By Region, 2016-2028
3.6.3.   Global Welding and Cutting Equipment Market Value (US$ Mn), By Region, Table, 2016-2028
3.6.4.   Global Welding and Cutting Equipment Market share (%), By Region, Table, 2016-2028

4 North America Welding and Cutting Equipment Market Overview
4.1.    North America Welding and Cutting Equipment Market Value (US$ Mn), 2016-2028
4.2.    North America Welding and Cutting Equipment Market Incremental Opportunity (US$ Mn), 2016-2028
4.3.    North America Welding and Cutting Equipment Market Outlook, By Equipment Type
4.3.1.   North America Welding and Cutting Equipment Market share % By Equipment Type, 2016-2020-2028
4.3.2.   North America Welding and Cutting Equipment Market Value US$ Mn, By Equipment Type, 2016-2028
4.3.3.   North America Welding and Cutting Equipment Market Value (US$ Mn), By Equipment Type, Table, 2016-2028
4.3.4.   North America Welding and Cutting Equipment Market share (%), By Equipment Type, Table, 2016-2028
4.4.    North America Welding and Cutting Equipment Market Outlook, By Operation
4.4.1.   North America Welding and Cutting Equipment Market share % By Operation, 2016-2020-2028
4.4.2.   North America Welding and Cutting Equipment Market Value US$ Mn, By Operation, 2016-2028
4.4.3.   North America Welding and Cutting Equipment Market Value (US$ Mn), By Operation, Table, 2016-2028
4.4.4.   North America Welding and Cutting Equipment Market share (%), By Operation, Table, 2016-2028
4.5.    North America Welding and Cutting Equipment Market Outlook, by Application
4.5.1.   North America Welding and Cutting Equipment Market share % by Application, 2016-2020-2028
4.5.2.   North America Welding and Cutting Equipment Market Value US$ Mn, By Application, 2016-2028
4.5.3.   North America Welding and Cutting Equipment Market Value (US$ Mn), By Application, Table, 2016-2028
4.5.4.   North America Welding and Cutting Equipment Market share (%), By Application, Table, 2016-2028
4.6.    North America Welding and Cutting Equipment Market Outlook, by Country
4.6.1.   North America Welding and Cutting Equipment Market share % by Country, 2016-2020-2028
4.6.2.   North America Welding and Cutting Equipment Market Value US$ Mn, By Country, 2016-2028
4.6.3.   North America Welding and Cutting Equipment Market Value (US$ Mn), By Country, Table, 2016-2028
4.6.4.   North America Welding and Cutting Equipment Market share (%), By Country, Table, 2016-2028

5 Europe Welding and Cutting Equipment Market Overview
5.1.    Europe Welding and Cutting Equipment Market Value (US$ Mn), 2016-2028
5.2.    Europe Welding and Cutting Equipment Market Incremental Opportunity (US$ Mn), 2016-2028
5.3.    Europe Welding and Cutting Equipment Market Outlook, By Equipment Type
5.3.1.   Europe Welding and Cutting Equipment Market share % By Equipment Type, 2016-2020-2028
5.3.2.   Europe Welding and Cutting Equipment Market Value US$ Mn, By Equipment Type, 2016-2028
5.3.3.   Europe Welding and Cutting Equipment Market Value (US$ Mn), By Equipment Type, Table, 2016-2028
5.3.4.   Europe Welding and Cutting Equipment Market share (%), By Equipment Type, Table, 2016-2028
5.4.    Europe Welding and Cutting Equipment Market Outlook, By Operation
5.4.1.   Europe Welding and Cutting Equipment Market share % By Operation, 2016-2020-2028
5.4.2.   Europe Welding and Cutting Equipment Market Value US$ Mn, By Operation, 2016-2028
5.4.3.   Europe Welding and Cutting Equipment Market Value (US$ Mn), By Operation, Table, 2016-2028
5.4.4.   Europe Welding and Cutting Equipment Market share (%), By Operation, Table, 2016-2028
5.5.    Europe Welding and Cutting Equipment Market Outlook, by Application
5.5.1.   Europe Welding and Cutting Equipment Market share % by Application, 2016-2020-2028
5.5.2.   Europe Welding and Cutting Equipment Market Value US$ Mn, By Application, 2016-2028
5.5.3.   Europe Welding and Cutting Equipment Market Value (US$ Mn), By Application, Table, 2016-2028
5.5.4.   Europe Welding and Cutting Equipment Market share (%), By Application, Table, 2016-2028
5.6.    Europe Welding and Cutting Equipment Market Outlook, by Country
5.6.1.   Europe Welding and Cutting Equipment Market share % by Country, 2016-2020-2028
5.6.2.   Europe Welding and Cutting Equipment Market Value US$ Mn, By Country, 2016-2028
5.6.3.   Europe Welding and Cutting Equipment Market Value (US$ Mn), By Country, Table, 2016-2028
5.6.4.   Europe Welding and Cutting Equipment Market share (%), By Country, Table, 2016-2028

6 Asia Pacific Welding and Cutting Equipment Market Overview
6.1.    Asia Pacific Welding and Cutting Equipment Market Value (US$ Mn), 2016-2028
6.2.    Asia Pacific Welding and Cutting Equipment Market Incremental Opportunity (US$ Mn), 2016-2028
6.3.    Asia Pacific Welding and Cutting Equipment Market Outlook, By Equipment Type
6.3.1.   Asia Pacific Welding and Cutting Equipment Market share % By Equipment Type, 2016-2020-2028
6.3.2.   Asia Pacific Welding and Cutting Equipment Market Value US$ Mn, By Equipment Type, 2016-2028
6.3.3.   Asia Pacific Welding and Cutting Equipment Market Value (US$ Mn), By Equipment Type, Table, 2016-2028
6.3.4.   Asia Pacific Welding and Cutting Equipment Market share (%), By Equipment Type, Table, 2016-2028
6.4.    Asia Pacific Welding and Cutting Equipment Market Outlook, By Operation
6.4.1.   Asia Pacific Welding and Cutting Equipment Market share % By Operation, 2016-2020-2028
6.4.2.   Asia Pacific Welding and Cutting Equipment Market Value US$ Mn, By Operation, 2016-2028
6.4.3.   Asia Pacific Welding and Cutting Equipment Market Value (US$ Mn), By Operation, Table, 2016-2028
6.4.4.   Asia Pacific Welding and Cutting Equipment Market share (%), By Operation, Table, 2016-2028
6.5.    Asia Pacific Welding and Cutting Equipment Market Outlook, by Application
6.5.1.   Asia Pacific Welding and Cutting Equipment Market share % by Application, 2016-2020-2028
6.5.2.   Asia Pacific Welding and Cutting Equipment Market Value US$ Mn, By Application, 2016-2028
6.5.3.   Asia Pacific Welding and Cutting Equipment Market Value (US$ Mn), By Application, Table, 2016-2028
6.5.4.   Asia Pacific Welding and Cutting Equipment Market share (%), By Application, Table, 2016-2028
6.6.    Asia Pacific Welding and Cutting Equipment Market Outlook, by Country
6.6.1.   Asia Pacific Welding and Cutting Equipment Market share % by Country, 2016-2020-2028
6.6.2.   Asia Pacific Welding and Cutting Equipment Market Value US$ Mn, By Country, 2016-2028
6.6.3.   Asia Pacific Welding and Cutting Equipment Market Value (US$ Mn), By Country, Table, 2016-2028
6.6.4.   Asia Pacific Welding and Cutting Equipment Market share (%), By Country, Table, 016-2028

7 South America Welding and Cutting Equipment Market Overview
7.1.    South America Welding and Cutting Equipment Market Value (US$ Mn), 2016-2028
7.2.    South America Welding and Cutting Equipment Market Incremental Opportunity (US$ Mn), 2016-2028
7.3.    South America Welding and Cutting Equipment Market Outlook, By Equipment Type
7.3.1.   South America Welding and Cutting Equipment Market share % By Equipment Type, 2016-2020-2028
7.3.2.   South America Welding and Cutting Equipment Market Value US$ Mn, By Equipment Type, 2016-2028
7.3.3.   South America Welding and Cutting Equipment Market Value (US$ Mn), By Equipment Type, Table, 2016-2028
7.3.4.   South America Welding and Cutting Equipment Market share (%), By Equipment Type, Table, 2016-2028
7.4.    South America Welding and Cutting Equipment Market Outlook, By Operation
7.4.1.   South America Welding and Cutting Equipment Market share % By Operation, 2016-2020-2028
7.4.2.   South America Welding and Cutting Equipment Market Value US$ Mn, By Operation, 2016-2028
7.4.3.   South America Welding and Cutting Equipment Market Value (US$ Mn), By Operation, Table, 2016-2028
7.4.4.   South America Welding and Cutting Equipment Market share (%), By Operation, Table, 2016-2028
7.5.    South America Welding and Cutting Equipment Market Outlook, by Application
7.5.1.   South America Welding and Cutting Equipment Market share % by Application, 2016-2020-2028
7.5.2.   South America Welding and Cutting Equipment Market Value US$ Mn, By Application, 2016-2028
7.5.3.   South America Welding and Cutting Equipment Market Value (US$ Mn), By Application, Table, 2016-2028
7.5.4.   South America Welding and Cutting Equipment Market share (%), By Application, Table, 2016-2028
7.6.    South America Welding and Cutting Equipment Market Outlook, by Country
7.6.1.   South America Welding and Cutting Equipment Market share % by Country, 2016-2020-2028
7.6.2.   South America Welding and Cutting Equipment Market Value US$ Mn, By Country, 2016-2028
7.6.3.   South America Welding and Cutting Equipment Market Value (US$ Mn), By Country, Table, 2016-2028
7.6.4.   South America Welding and Cutting Equipment Market share (%), By Country, Table, 2016-2028

8 MEA Welding and Cutting Equipment Market Overview
8.1.    MEA Welding and Cutting Equipment Market Value (US$ Mn), 2016-2028
8.2.    MEA Welding and Cutting Equipment Market Incremental Opportunity (US$ Mn), 2016-2028
8.3.    MEA Welding and Cutting Equipment Market Outlook, By Equipment Type
8.3.1.   MEA Welding and Cutting Equipment Market share % By Equipment Type, 2016-2020-2028
8.3.2.   MEA Welding and Cutting Equipment Market Value US$ Mn, By Equipment Type, 2016-2028
8.3.3.   MEA Welding and Cutting Equipment Market Value (US$ Mn), By Equipment Type, Table, 2016-2028
8.3.4.   MEA Welding and Cutting Equipment Market share (%), By Equipment Type, Table, 2016-2028
8.4.    MEA Welding and Cutting Equipment Market Outlook, By Operation
8.4.1.   MEA Welding and Cutting Equipment Market share % By Operation, 2016-2020-2028
8.4.2.   MEA Welding and Cutting Equipment Market Value US$ Mn, By Operation, 2016-2028
8.4.3.   MEA Welding and Cutting Equipment Market Value (US$ Mn), By Operation, Table, 2016-2028
8.4.4.   MEA Welding and Cutting Equipment Market share (%), By Operation, Table, 016-2028
8.5.    MEA Welding and Cutting Equipment Market Outlook, by Application
8.5.1.   MEA Welding and Cutting Equipment Market share % by Application, 2016-2020-2028
8.5.2.   MEA Welding and Cutting Equipment Market Value US$ Mn, By Application, 2016-2028
8.5.3.   MEA Welding and Cutting Equipment Market Value (US$ Mn), By Application, Table, 2016-2028
8.5.4.   MEA Welding and Cutting Equipment Market share (%), By Application, Table, 2016-2028
8.6.    MEA Welding and Cutting Equipment Market Outlook, by Country
8.6.1.   MEA Welding and Cutting Equipment Market share % by Country, 2016-2020-2028
8.6.2.   MEA Welding and Cutting Equipment Market Value US$ Mn, By Country, 2016-2028
8.6.3.   MEA Welding and Cutting Equipment Market Value (US$ Mn), By Country, Table, 2016-2028
8.6.4.   MEA Welding and Cutting Equipment Market share (%), By Country, Table, 2016-2028

9 Company Profile
9.1.    Competitive Index
9.2.    ESAB Welding & Cutting Products
9.2.1.   Company Description
9.2.2.   Product Offerings
9.2.3.   Recent development
9.2.4.   SWOT Analysis
9.3.    Denyo Co., Ltd
9.3.1.   Company Description
9.3.2.   Product Offerings
9.3.3.   SWOT Analysis
9.3.4.   Financial Performance
9.4.    OTC DAIHEN Inc.
9.4.1.   Company Description
9.4.2.   Product Offerings
9.4.3.   SWOT Analysis
9.5.    Aotai Electric Co., LTD
9.5.1.   Company Description
9.5.2.   Product Offerings
9.5.3.   SWOT Analysis
9.6.    Fronius International GmbH
9.6.1.   Company Description
9.6.2.   Product Offerings
9.6.3.   SWOT Analysis
9.7.    Illinois Tool Works Inc
9.7.1.   Company Description
9.7.2.   Product Offerings
9.7.3.   SWOT Analysis
9.7.4.   Financial Performance
9.7.5.   Business Strategy
9.8.    The Lincoln Electric Company
9.8.1.   Company Description
9.8.2.   Product Offerings
9.8.3.   Recent Development
9.8.4.   SWOT Analysis
9.8.5.   Financial Performance
9.8.6.   Business Strategy
9.9.    Colfax Corporation
9.9.1.   Company Description
9.9.2.   Product Offerings
9.9.3.   Recent Development
9.9.4.   SWOT Analysis
9.9.5.   Financial Performance
9.9.6.   Business Strategy
9.10.      Panasonic Corporation
9.10.1.   Company Description
9.10.2.   Product Offerings
9.10.3.   Recent Development
9.10.4.   SWOT Analysis
9.10.5.   Financial Performance
9.10.6.   Business Strategy
9.11.      Sonics & Materials
9.11.1.   Company Description
9.11.2.   Product Offerings
9.11.3.   Recent Development
9.11.4.   SWOT Analysis
9.11.5.   Financial Performance
9.12.      Shenzhen Megmeet Electric Co., Ltd
9.12.1.   Company Description
9.12.2.   Product Offerings
9.12.3.   Recent Development
9.12.4.   SWOT Analysis
9.12.5.   Financial Performance
9.13.      GYS
9.13.1.   Company Description
9.13.2.   Product Offerings
9.13.3.   Recent Development
9.13.4.   SWOT Analysis
9.14.      Kemppi Oy
9.14.1.   Company Description
9.14.2.   Product Offerings
9.14.3.   Recent Development
9.14.4.   SWOT Analysis

10 Notes & Disclaimer
11 Research Methodology
12 About US

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