Welding Machinery Market

Welding Machinery Market Size, Share Analysis, By Product Type (Arc Welding, Oxy-Fuel Welding, Resistance Welding, Laser Beam Welding), By Type (Automatic, Semi-Automatic, Manual), By End Use (Automotive, Aerospace, Energy, Oil & Gas, Marine), & Region - Global Market Insights 2022 to 2032

Analysis of Welding Machinery Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Welding Machinery Market Outlook (2022 to 2032)

The global welding machinery market is projected to expand at a CAGR of 6.7% and touch a valuation of US$ 25 billion by 2032, up from US$ 13 billion in 2022.

Welding is a manufacturing or assembly procedure that is used to combine metals and thermoplastics. Common welding processes include gas tungsten arc welding (GTAW), shielded metal arc welding (SMAW), submerged arc welding (SAW), flux-cored arc welding (FCAW), and gas metal arc welding (GMAW).

Welding procedures are used to make the vast majority of industrial items. Consequently, the global need for welding equipment to carry out the welding process is surging. However, the usage of new materials in numerous industries has necessitated the development of cutting-edge welding techniques. As a result, manufacturers are concentrating on creating new welding machines and equipment to satisfy the rising demand and address the need for timely product development.

New technologies, such as remote control and AI-based welding robots, make the process even easier for the operator while simultaneously meeting the quality and production requirements of the manufacturer. Welding equipment is increasingly being used in industries such as oil and gas, marine, automotive, energy, aerospace, and building and construction.

Welding equipment is critical in the construction industry since it is used to form structural frameworks out of metal components. Welding equipment is used to connect footers, steel beams, columns, trusses, and non-structural metal building components such as bridges, railings, and staircases. The booming construction industry is predicted to increase the demand for welding equipment.

  • As per data published by the United States Commerce Department, construction investment in the United States increased by 1.9% in 2021. Moreover, as per Census Bureau estimates, roughly 1,760,000 new house permits were issued in the United States in April 2021.
  • As per an IBEF study, the Indian real estate sector is estimated to be worth US$ 650 billion by 2025.

Massive expansion in infrastructure development projects around the world, especially as governments concentrate on growing renewable energy output, is raising the demand for services like wind turbine installation. Such factors are expected to boost the demand for welding equipment.

Additionally, the growing use of large-thickness metal parts and advanced high-strength steels, as well as the rising scope and size of projects in the industrial and construction sectors, is projected to spur the demand for more modern welding machinery.

Report Attributes Details
Welding Machinery Market Size (2022) US$ 13 Billion
Projected Market Value (2032) US$ 25 Billion
Global Market Growth Rate (2022 to 2032) 6.7% CAGR
Asia Pacific Market Share (2021) 35.4%
U.S. Market Value (2021) US$ 2.9 Billion
Key Companies Profiled Fronius International GmbH; ACRO Automation Systems, Inc; Sonics & Materials, Inc; Hobart Brothers LLC; Carl Cloos Schweisstechnik GmbH; Miller Electric Mfg. LLC; Coherent, Inc; Panasonic Corporation; Daihen Corporation; Denyo Co., Ltd; ESAB; IDEAL-Werk; KUKA AG; IGM Robotersysteme AG; Kobe Steel, Ltd; Tianjin Bridge Welding Materials Group Co., Ltd; Illinois Tool Works, Inc; The Lincoln Electric Company; Kemppi Oy; Kiefel GmbH; Voestalpine Böhler Welding Group GmbH; Manufacturing Technology, Inc

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Which Factor is Sparking the Demand Growth for Welding Machinery?

“Strong Usage in Automotive and Aerospace Industries”

Welding machinery is used in the automotive industry to weld various parts. Welding is a vital process for bodywork and auto maintenance in the automotive industry. Resistance seam welding, resistance spot welding, and metal inert gas (GMAW) are among the most extensively utilized welding processes in the automotive industry. The constantly expanding automotive industry is expected to increase the sales of welding machinery.

  • As per ACEA figures, around 19.5 million automobiles were manufactured in the European Union in 2021. Moreover, according to the same source, the European Union produced approximately 10.8 million passenger cars in the same year.
  • According to OICA data, China manufactured 2.21 million heavy trucks in 2020 and 2.98 million in 2021.

Furthermore, welding machine tools are widely used in the aerospace industry. Welding machinery is used to connect components such as plasma arcs, tungsten gas-shielded arcs, and gas-shielded metal arcs on aircraft.

What Can Negatively Impact Sales of Welding Machinery?

“Shortage of Skilled Workers and High Labor Costs”

The welding industry heavily relies on skilled workers. As per welding industry experts, there is a global shortage of skilled welders. Railways, roads, power, bridges, and shipping infrastructure are all heavily reliant on metal joining technologies.

  • In 2021, the Indian Institute of Welding (IIW) reported a need for 1.2 million welding experts, including welders, fitters, cutters, and equipment operators.

Moreover, the welding industry is facing a major issue due to high labor costs in developed regions such as Europe and North America.

“Slow Uptake of Modern Welding Technologies in Developing Countries”

The slow uptake of modern welding technologies in developing countries such as China and India is projected to have a negative impact on the sales of welding machinery during the forecast period. This is due to the high investments required to deploy modern welding technologies.

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Country-wise Insights

Why are South Korea and Japan Important Markets in Asia Pacific?

Asia Pacific accounted for 35.4% share of the global sales of welding machinery in 2021. South Korea and Japan are important markets for welding machinery in Asia Pacific.

The sales of welding machinery in South Korea and Japan are likely to grow over the next ten years. Governments and public-private partnership (PPP) projects aimed at developing public infrastructure, and utility infrastructure is expected to assist the sales growth of welding machinery in South Korea and Japan.

Why is the United States Taking Center Stage in North America?

Demand for welding machinery in North America is projected to expand during the forecast period. The United States market garnered US$ 2.9 Billion in 2021.

The constantly expanding building and construction industry in the United States is expected to drive the demand for welding equipment. Government and private sector companies are investing heavily in infrastructure development in the country.

  • According to the United States Census Bureau, the country's construction spending in the first nine months of 2021 was around USD 978.7 billion.

Welding machinery is utilized for a variety of welding applications in construction projects, including structural welding and pipe fabrication.

Why Does Germany Hold a Leading Position in the European Market?

Sales of welding equipment are consistently increasing in Europe. This is due to rising demand for a broad range of welding equipment from the construction, automotive, electronics, heavy machinery, and transportation industries.

Germany holds the leading position in the European market. Welding equipment is used in the automotive industry for a variety of purposes, including exhaust system welding, frame/fender welding, and wheel welding. Throughout the projection period, the growing automotive industry in Germany is expected to drive demand for welding equipment.

Category-wise Insights

Why Has Arc Welding Gained Immense Traction?

Demand for arc welding is anticipated to rise during the study period. The demand for arc welding is growing in offshore infrastructure development operations, as well as process equipment, pipeline, and nuclear facility maintenance and repair.

Over the projected period, increasing government efforts to improve industrial facilities by boosting foreign investment in emerging economies such as India, Myanmar, and Indonesia are estimated to fuel the demand for arc welding. Moreover, arc welding equipment is inexpensive and easy to transport. Furthermore, arc welding equipment offers a better welding environment since arc welding releases less welding fumes than traditional technologies.

What Aspects are Boosting Demand for Automatic Welding?

Demand for automatic welding is expected to grow from 2022 to 2032. The adoption of welding robots in manufacturing plants has reduced reliance on manual automation techniques and labor in a variety of industries.

Furthermore, the creation of effective and smart technology-based robotic welding systems, such as remote control and artificial intelligence-equipped robots, is projected to boost the demand for automatic welding.

The demand for semi-automatic welding systems is also anticipated to increase since they are partially implemented using technology-based equipment and are handled by personnel with limited expertise and experience. However, this approach necessitates the use of expensive manpower, raising the operational expense.

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

Competitive Landscape

Key suppliers of welding machinery are aggressively pursuing inorganic marketing tactics such as collaborations, technological innovations, investments, acquisitions, and R&D activities to expand their presence in the worldwide market. Moreover, many startups are releasing innovative welding equipment to establish themselves in the worldwide market.

  • YesWelder is a start-up firm based in Boulder, Colorado, which develops welding equipment and accessories for welding professionals. According to the company, its new MP200 welding equipment is a five-in-one machine capable of four distinct types of welding capabilities (MIG, MMA, FCAW, and TIG) and plasma cutting. The company produced the MP200 to decrease the need for and cost of many devices that can only execute one task.
  • In February 2021, Lincoln Electric unveiled the new Vantage 441X, the latest addition to its Vantage range of diesel engine-driven welders/generators.
  • Lincoln Electric launched a VRTEX OxyFuel Cutting feature in December 2020 that blends welding and cutting by allowing users to practice torch cutting safely and virtually in partnership with The Harris Products Group, a Lincoln Electric firm and the cutting leader.
  • In November 2020, ESAB and YASKAWA, renowned robot and robot system businesses, signed a global partnership deal to develop and commercialize the XCellerator series of pre-engineered robotic welding systems.

Key Segments of Welding Machinery Industry Research

  • By Product Type:

    • Arc Welding
    • Oxy-Fuel Welding
    • Resistance Welding
    • Laser Beam Welding
    • Other Product Types
  • By Type:

    • Automatic
    • Semi-Automatic
    • Manual
  • By End Use:

    • Automotive
    • Building & Construction
    • Aerospace
    • Energy
    • Oil & Gas
    • Marine
    • Other End Uses
  • By Region:

    • North America
    • Latin America
    • Europe
    • APAC
    • MEA

Table of Content

  • 1. Global Market - Executive Summary
  • 2. Global Market Overview
  • 3. Market Risks and Trends Assessment
  • 4. Market Background and Foundation Data Points
  • 5. Global Market Demand (US$ Mn) Analysis 2017 to 2021 and Forecast, 2022 to 2032
  • 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Type
    • 6.1. Automatic
    • 6.2. Semi-Automatic
    • 6.3. Manual
  • 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Product Type
    • 7.1. Arc Welding
    • 7.2. Oxy-Fuel Welding
    • 7.3. Resistance Welding
    • 7.4. Laser Beam Welding
    • 7.5. Other Product Types
  • 8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by End Use
    • 8.1. Automotive
    • 8.2. Building & Construction
    • 8.3. Aerospace Energy
    • 8.4. Oil & Gas
    • 8.5. Marine
  • 9. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Region
    • 9.1. North America
    • 9.2. Latin America
    • 9.3. Europe
    • 9.4. East Asia
    • 9.5. South Asia & Oceania
    • 9.6. Middle East and Africa (MEA)
  • 10. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032
  • 11. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032
  • 12. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032
  • 13. East Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032
  • 14. South Asia & Oceania Market Analysis 2017 to 2021 and Forecast 2022 to 2032
  • 15. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032
  • 16. Market Structure Analysis
  • 17. Competition Analysis
    • 17.1. Fronius International GmbH
    • 17.2. ACRO Automation Systems, Inc
    • 17.3. Sonics & Materials, Inc
    • 17.4. Hobart Brothers LLC
    • 17.5. Carl Cloos Schweisstechnik GmbH
    • 17.6. Miller Electric Mfg. LLC
    • 17.7. Coherent, Inc
    • 17.8. Panasonic Corporation
    • 17.9. Daihen Corporation
    • 17.10. Denyo Co., Ltd
    • 17.11. ESAB
    • 17.12. IDEAL-Werk
    • 17.13. KUKA AG
    • 17.14. IGM Robotersysteme AG
    • 17.15. Kobe Steel, Ltd
    • 17.16. Tianjin Bridge Welding Materials Group Co., Ltd
    • 17.17. Illinois Tool Works, Inc
    • 17.18. The Lincoln Electric Company
    • 17.19. Kemppi Oy
    • 17.20. Kiefel GmbH
    • 17.21. Voestalpine Böhler Welding Group GmbH
    • 17.22. Manufacturing Technology, Inc
  • 18. Assumptions And Acronyms Used
  • 19. Research Methodology

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List Of Table

Table 01: Global Market Value (US$ Mn) Analysis, by Type, 2017 to 2021

Table 02: Global Market Value (US$ Mn) Analysis, by Type, 2022 to 2032

Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Type, 2022 to 2032

Table 04: Global Market Value (US$ Mn) Analysis, by Product Type, 2017 to 2021

Table 05: Global Market Value (US$ Mn) Analysis, by Product Type, 2022 to 2032

Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2022 to 2032

Table 07: Global Market Value (US$ Mn) Analysis, by End Use, 2017 to 2021

Table 08: Global Market Value (US$ Mn) Analysis, by End Use, 2022 to 2032

Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by End Use, 2022 to 2032

Table 10: Global Market Value (US$ Mn) Analysis, by Region, 2017 to 2021

Table 11: Global Market Value (US$ Mn) Analysis, by Region, 2022 to 2032

Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2022 to 2032

Table 13: North America Market Value (US$ Mn) Analysis, by Country, 2017 to 2021

Table 14: North America Market Value (US$ Mn) Analysis, by Country, 2022 to 2032

Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2022 to 2032

Table 16: North America Market Value (US$ Mn) Analysis, by Type, 2017 to 2021

Table 17: North America Market Value (US$ Mn) Analysis, by Type, 2022 to 2032

Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Type, 2022 to 2032

Table 19: North America Market Value (US$ Mn) Analysis, by Product Type, 2017 to 2021

Table 20: North America Market Value (US$ Mn) Analysis, by Product Type, 2022 to 2032

Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2022 to 2032

Table 22: North America Market Value (US$ Mn) Analysis, by End Use, 2017 to 2021

Table 23: North America Market Value (US$ Mn) Analysis, by End Use, 2022 to 2032

Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by End Use, 2022 to 2032

Table 25: Latin America Market Value (US$ Mn) Analysis, by Country, 2017 to 2021

Table 26: Latin America Market Value (US$ Mn) Analysis, by Country, 2022 to 2032

Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2022 to 2032

Table 28: Latin America Market Value (US$ Mn) Analysis, by Type, 2017 to 2021

Table 29: Latin America Market Value (US$ Mn) Analysis, by Type, 2022 to 2032

Table 30: Latin America Market Value (US$ Mn) Opportunity Analysis, by Type, 2022 to 2032

Table 31: Latin America Market Value (US$ Mn) Analysis, by Product Type, 2017 to 2021

Table 32: Latin America Market Value (US$ Mn) Analysis, by Product Type, 2022 to 2032

Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2022 to 2032

Table 34: Latin America Market Value (US$ Mn) Analysis, by End Use, 2017 to 2021

Table 35: Latin America Market Value (US$ Mn) Analysis, by End Use, 2022 to 2032

Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by End Use, 2022 to 2032

Table 37: Europe Market Value (US$ Mn) Analysis, by Country, 2017 to 2021

Table 38: Europe Market Value (US$ Mn) Analysis, by Country, 2022 to 2032

Table 39: Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2022 to 2032

Table 40: Europe Market Value (US$ Mn) Analysis, by Type, 2017 to 2021

Table 41: Europe Market Value (US$ Mn) Analysis, by Type, 2022 to 2032

Table 42: Europe Market Value (US$ Mn) Opportunity Analysis, by Type, 2022 to 2032

Table 43: Europe Market Value (US$ Mn) Analysis, by Product Type, 2017 to 2021

Table 44: Europe Market Value (US$ Mn) Analysis, by Product Type, 2022 to 2032

Table 45: Europe Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2022 to 2032

Table 46: Europe Market Value (US$ Mn) Analysis, by End Use, 2017 to 2021

Table 47: Europe Market Value (US$ Mn) Analysis, by End Use, 2022 to 2032

Table 48: Europe Market Value (US$ Mn) Opportunity Analysis, by End Use, 2022 to 2032

Table 49: East Asia Market Value (US$ Mn) Analysis, by Country, 2017 to 2021

Table 50: East Asia Market Value (US$ Mn) Analysis, by Country, 2022 to 2032

Table 51: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2022 to 2032

Table 52: East Asia Market Value (US$ Mn) Analysis, by Type, 2017 to 2021

Table 53: East Asia Market Value (US$ Mn) Analysis, by Type, 2022 to 2032

Table 54: East Asia Market Value (US$ Mn) Opportunity Analysis, by Type, 2022 to 2032

Table 55: East Asia Market Value (US$ Mn) Analysis, by Product Type, 2017 to 2021

Table 56: East Asia Market Value (US$ Mn) Analysis, by Product Type, 2022 to 2032

Table 57: East Asia Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2022 to 2032

Table 58: East Asia Market Value (US$ Mn) Analysis, by End Use, 2017 to 2021

Table 59: East Asia Market Value (US$ Mn) Analysis, by End Use, 2022 to 2032

Table 60: East Asia Market Value (US$ Mn) Opportunity Analysis, by End Use, 2022 to 2032

Table 61: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2017 to 2021

Table 62: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2022 to 2032

Table 63: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Country, 2022 to 2032

Table 64: South Asia & Oceania Market Value (US$ Mn) Analysis, by Type, 2017 to 2021

Table 65: South Asia & Oceania Market Value (US$ Mn) Analysis, by Type, 2022 to 2032

Table 66: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Type, 2022 to 2032

Table 67: South Asia & Oceania Market Value (US$ Mn) Analysis, by Product Type, 2017 to 2021

Table 68: South Asia & Oceania Market Value (US$ Mn) Analysis, by Product Type, 2022 to 2032

Table 69: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2022 to 2032

Table 70: South Asia & Oceania Market Value (US$ Mn) Analysis, by End Use, 2017 to 2021

Table 71: South Asia & Oceania Market Value (US$ Mn) Analysis, by End Use, 2022 to 2032

Table 72: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by End Use, 2022 to 2032

Table 73: MEA Market Value (US$ Mn) Analysis, by Country, 2017 to 2021

Table 74: MEA Market Value (US$ Mn) Analysis, by Country, 2022 to 2032

Table 75: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2022 to 2032

Table 76: MEA Market Value (US$ Mn) Analysis, by Type, 2017 to 2021

Table 77: MEA Market Value (US$ Mn) Analysis, by Type, 2022 to 2032

Table 78: MEA Market Value (US$ Mn) Opportunity Analysis, by Type, 2022 to 2032

Table 79: MEA Market Value (US$ Mn) Analysis, by Product Type, 2017 to 2021

Table 80: MEA Market Value (US$ Mn) Analysis, by Product Type, 2022 to 2032

Table 81: MEA Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2022 to 2032

Table 82: MEA Market Value (US$ Mn) Analysis, by End Use, 2017 to 2021

Table 83: MEA Market Value (US$ Mn) Analysis, by End Use, 2022 to 2032

Table 84: MEA Market Value (US$ Mn) Opportunity Analysis, by End Use, 2022 to 2032

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List Of Figures

Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2017 to 2021

Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2022 to 2032

Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2017 to 2032

Figure 04: Global Market Incremental $ Opportunity, 2022 to 2032

Figure 05: Global Market Share and BPS Analysis by Type, 2022 & 2032

Figure 06: Global Market Y-o-Y Growth Projections by Type, 2022 to 2032

Figure 07: Global Market Attractiveness Analysis by Type, 2022 to 2032

Figure 08: Global Market Share and BPS Analysis by Product Type, 2022 & 2032

Figure 09: Global Market Y-o-Y Growth Projections by Product Type, 2022 to 2032

Figure 10: Global Market Attractiveness Analysis by Product Type, 2022 to 2032

Figure 11: Global Market Share and BPS Analysis by End Use, 2022 & 2032

Figure 12: Global Market Y-o-Y Growth Projections by End Use, 2022 to 2032

Figure 13: Global Market Attractiveness Analysis by End Use, 2022 to 2032

Figure 14: Global Market Share and BPS Analysis by Region, 2022 & 2032

Figure 15: Global Market Y-o-Y Growth Projections by Region, 2022 to 2032

Figure 16: Global Market Attractiveness Analysis by Region, 2022 to 2032

Figure 17: North America Market Value (US$ Mn) Historical Analysis, 2017 to 2021

Figure 18: North America Market Value (US$ Mn) Forecast and Analysis, 2022 to 2032

Figure 19: North America Market Value Y-o-Y Growth and Forecast, 2032

Figure 20: North America Market Incremental $ Opportunity, 2022 to 2032

Figure 21: North America Market Share Analysis by Country, 2022 & 2032

Figure 22: North America Market Y-o-Y Growth Projection by Country, 2022 to 2032

Figure 23: North America Market Attractiveness Analysis by Country, 2022 to 2032

Figure 24: North America Market Share and BPS Analysis by Type, 2022 & 2032

Figure 25: North America Market Y-o-Y Growth Projections by Type, 2022 to 2032

Figure 26: North America Market Attractiveness Analysis by Type, 2022 to 2032

Figure 27: North America Market Share and BPS Analysis by Product Type, 2022 & 2032

Figure 28: North America Market Y-o-Y Growth Projections by Product Type, 2022 to 2032

Figure 29: North America Market Attractiveness Analysis by Product Type, 2022 to 2032

Figure 30: North America Market Share and BPS Analysis by End Use, 2022 & 2032

Figure 31: North America Market Y-o-Y Growth Projections by End Use, 2022 to 2032

Figure 32: North America Market Attractiveness Analysis by End Use, 2022 to 2032

Figure 33: Latin America Market Value (US$ Mn) Historical Analysis, 2017 to 2021

Figure 34: Latin America Market Value (US$ Mn) Forecast and Analysis, 2022 to 2032

Figure 35: Latin America Market Value Y-o-Y Growth and Forecast, 2017 to 2032

Figure 36: Latin America Market Incremental $ Opportunity, 2022 to 2032

Figure 37: Latin America Market Share Analysis by Country, 2022 & 2032

Figure 38: Latin America Market Y-o-Y Growth Projection by Country, 2022 to 2032

Figure 39: Latin America Market Attractiveness Analysis by Country, 2022 to 2032

Figure 40: Latin America Market Share and BPS Analysis by Type, 2022 & 2032

Figure 41: Latin America Market Y-o-Y Growth Projections by Type, 2022 to 2032

Figure 42: Latin America Market Attractiveness Analysis by Type, 2022 to 2032

Figure 43: Latin America Market Share and BPS Analysis by Product Type, 2022 & 2032

Figure 44: Latin America Market Y-o-Y Growth Projections by Product Type, 2022 to 2032

Figure 45: Latin America Market Attractiveness Analysis by Product Type, 2022 to 2032

Figure 46: Latin America Market Share and BPS Analysis by End Use, 2022 & 2032

Figure 47: Latin America Market Y-o-Y Growth Projections by End Use, 2022 to 2032

Figure 48: Latin America Market Attractiveness Analysis by End Use, 2022 to 2032

Figure 49: Europe Market Value (US$ Mn) Historical Analysis, 2017 to 2021

Figure 50: Europe Market Value (US$ Mn) Forecast and Analysis, 2022 to 2032

Figure 51: Europe Market Value Y-o-Y Growth and Forecast, 2017 to 2032

Figure 52: Europe Market Incremental $ Opportunity, 2022 to 2032

Figure 53: Europe Market Share Analysis by Country, 2022 & 2032

Figure 54: Europe Market Y-o-Y Growth Projection by Country, 2022 to 2032

Figure 55: Europe Market Attractiveness Analysis by Country, 2022 to 2032

Figure 56: Europe Market Share and BPS Analysis by Type, 2022 & 2032

Figure 57: Europe Market Y-o-Y Growth Projections by Type, 2022 to 2032

Figure 58: Europe Market Attractiveness Analysis by Type, 2022 to 2032

Figure 59: Europe Market Share and BPS Analysis by Product Type, 2022 & 2032

Figure 60: Europe Market Y-o-Y Growth Projections by Product Type, 2022 to 2032

Figure 61: Europe Market Attractiveness Analysis by Product Type, 2022 to 2032

Figure 62: Europe Market Share and BPS Analysis by End Use, 2022 & 2032

Figure 63: Europe Market Y-o-Y Growth Projections by End Use, 2022 to 2032

Figure 64: Europe Market Attractiveness Analysis by End Use, 2022 to 2032

Figure 65: East Asia Market Value (US$ Mn) Historical Analysis, 2017 to 2021

Figure 66: East Asia Market Value (US$ Mn) Forecast and Analysis, 2022 to 2032

Figure 67: East Asia Market Value Y-o-Y Growth and Forecast, 2017 to 2032

Figure 68: East Asia Market Incremental $ Opportunity, 2022 to 2032

Figure 69: East Asia Market Share Analysis by Country, 2022 & 2032

Figure 70: East Asia Market Y-o-Y Growth Projection by Country, 2022 to 2032

Figure 71: East Asia Market Attractiveness Analysis by Country, 2022 to 2032

Figure 72: East Asia Market Share and BPS Analysis by Type, 2022 & 2032

Figure 73: East Asia Market Y-o-Y Growth Projections by Type, 2022 to 2032

Figure 74: East Asia Market Attractiveness Analysis by Type, 2022 to 2032

Figure 75: East Asia Market Share and BPS Analysis by Product Type, 2022 & 2032

Figure 76: East Asia Market Y-o-Y Growth Projections by Product Type, 2022 to 2032

Figure 77: East Asia Market Attractiveness Analysis by Product Type, 2022 to 2032

Figure 78: East Asia Market Share and BPS Analysis by End Use, 2022 & 2032

Figure 79: East Asia Market Y-o-Y Growth Projections by End Use, 2022 to 2032

Figure 80: East Asia Market Attractiveness Analysis by End Use, 2022 to 2032

Figure 81: South Asia & Oceania Market Value (US$ Mn) Historical Analysis, 2017 to 2021

Figure 82: South Asia & Oceania Market Value (US$ Mn) Forecast and Analysis, 2022 to 2032

Figure 83: South Asia & Oceania Market Value Y-o-Y Growth and Forecast, 2017 to 2032

Figure 84: South Asia & Oceania Market Incremental $ Opportunity, 2022 to 2032

Figure 85: South Asia & Oceania Market Share Analysis by Country, 2022 & 2032

Figure 86: South Asia & Oceania Market Y-o-Y Growth Projection by Country, 2022 to 2032

Figure 87: South Asia & Oceania Market Attractiveness Analysis by Country, 2022 to 2032

Figure 88: South Asia & Oceania Market Share and BPS Analysis by Type, 2022 & 2032

Figure 89: South Asia & Oceania Market Y-o-Y Growth Projections by Type, 2022 to 2032

Figure 90: South Asia & Oceania Market Attractiveness Analysis by Type, 2022 to 2032

Figure 91: South Asia & Oceania Market Share and BPS Analysis by Product Type, 2022 & 2032

Figure 92: South Asia & Oceania Market Y-o-Y Growth Projections by Product Type, 2022 to 2032

Figure 93: South Asia & Oceania Market Attractiveness Analysis by Product Type, 2022 to 2032

Figure 94: South Asia & Oceania Market Share and BPS Analysis by End Use, 2022 & 2032

Figure 95: South Asia & Oceania Market Y-o-Y Growth Projections by End Use, 2022 to 2032

Figure 96: South Asia & Oceania Market Attractiveness Analysis by End Use, 2022 to 2032

Figure 97: MEA Market Value (US$ Mn) Historical Analysis, 2017 to 2021

Figure 98: MEA Market Value (US$ Mn) Forecast and Analysis, 2022 to 2032

Figure 99: MEA Market Value Y-o-Y Growth and Forecast, 2017 to 2032

Figure 100: MEA Market Incremental $ Opportunity, 2022 to 2032

Figure 101: MEA Market Share Analysis by Country, 2022 & 2032

Figure 102: MEA Market Y-o-Y Growth Projection by Country, 2022 to 2032

Figure 103: MEA Market Attractiveness Analysis by Country, 2022 to 2032

Figure 104: MEA Market Share and BPS Analysis by Type, 2022 & 2032

Figure 105: MEA Market Y-o-Y Growth Projections by Type, 2022 to 2032

Figure 106: MEA Market Attractiveness Analysis by Type, 2022 to 2032

Figure 107: MEA Market Share and BPS Analysis by Product Type, 2022 & 2032

Figure 108: MEA Market Y-o-Y Growth Projections by Product Type, 2022 to 2032

Figure 109: MEA Market Attractiveness Analysis by Product Type, 2022 to 2032

Figure 110: MEA Market Share and BPS Analysis by End Use, 2022 & 2032

Figure 111: MEA Market Y-o-Y Growth Projections by End Use, 2022 to 2032

Figure 112: MEA Market Attractiveness Analysis by End Use, 2022 to 2032

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

- FAQs -

How much is the global welding machinery market currently worth?

The global welding machinery market is valued at US$ 13 billion in 2022.

What is the sales forecast for welding machinery?

Global sales of welding machinery are projected to reach US$ 25 billion by 2032.

What is the predicted growth rate for the global market?

The global market for welding machinery is predicted to expand at a CAGR of 6.7% through 2032.

What was Asia Pacific's market share in 2021?

Asia Pacific accounted for 35.4% share of the global sales of welding machinery in 2021.

What valuation did the United States market garner in 2021?

The United States welding machinery market reach US$ 2.9 Billion in 2021.

Welding Machinery Market

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