Report Highlights
The global market for welding-related products should grow from $30.5 billion in 2021 to $37.2 billion by 2025, at a compound annual growth rate (CAGR) of 5.1% for the period of 2021-2025.
Report Includes
- 42 data tables and 50 additional tables
- In-depth analysis of the global market for welding equipment, supplies, and related technologies within the industry
- Analyses of the global market trends, with data corresponding to market size for 2018 and 2019, estimates for 2020 and 2021, and projections of compound annual growth rates (CAGRs) through 2025
- Evaluation of market growth during the forecast period, and deep-dive of data on the basis of type, end-use application, and geographical region
- Sales figures of major manufacturers, their respective positions in the market, revenue share analysis, competition involved in the field, and the future outlook for these companies
- Discussion of the technology life-cycle costs of various technologies involved as well as the product life cycle of equipment and supplies involved in the processes
- A look at how the value of shipments at the manufacturing level fluctuates with the volume of metals consumed in the global metal and metallurgy industry
- Review of the U.S. patents and new developments by various manufacturers of welding equipment, consumables, and allied equipment
- Key merger and acquisition deals, collaborations, joint ventures and other strategic alliances in the global welding equipment and supplies marketplace
- Competitive landscape featuring major market participants, their global market share analysis and country level presence
- Profile description of major market players including Air Liquide S.A., Coherent Inc., Daihen Corp., Illinois Tool Works Inc., Iwatani Corp., and Sonics & Materials Inc.
Report Scope
The report has been prepared in a simple, easy-to-understand format. Tables and figures are included to illustrate current and future market scenarios. The report includes a detailed study of the global and regional markets for various types of welding equipment and consumables, including shielding gases, safety, and protective equipment, as well as automated welding equipment and accessories; and it also provides reasons for variations in the growth of the industry in certain regions.
The study details actual figures from 2018, and CAGR projections for 2021 through 2025 for the global and regional markets. Furthermore, this report is based on future scenarios such as pessimistic, optimistic and consensus, and forecasts give information from the consensus scenario.
This report defines various market sectors, patent reviews, market opportunities; identifies renowned companies; and analyzes markets to provide a four-year (2021-2025) market forecast.
This is an updated version of MFG079F: Welding Equipment and Supplies: The Global Market that rechecks the trends and opportunities in the market. This report also considers the impact of COVID-19 on each segment of the welding equipment and consumables that are covered in this research study.
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
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Report Highlights
The global market for welding products reached $23.0 billion in 2015. The market should reach $24.2 billion in 2016 and $31.8 billion by 2021, demonstrating a compound annual growth rate (CAGR) of 5.6% from 2016 to 2021.
Report Includes
- An overview of the global markets for welding equipment, supplies, and related technologies.
- Analyses of global market trends, with data from 2015, estimates for 2016, and projections of CAGRs through 2021.
- Information pertaining to machinery, filler materials, and accessories for various welding processes.
- A look at how the value of shipments at the manufacturing level fluctuates with the volume of metals consumed in the global industry.
- Insight concerning the fact that new technologies and methods are being introduced in the market at a very fast rate.
- Evaluation of the technology life-cycle costs of various technologies involved as well as the product life cycle of equipment and supplies involved in the processes.
- Analysis of the market's dynamics, specifically growth drivers, restraints, and opportunities.
- Sales figures of major manufacturers, their respective positions in the market, competition involved in the field, and the future outlook for these companies.
Report Highlights
The global market for welding products reached nearly $18.4 billion in 2013. This market is expected to reach $19.3 billion in 2014 and nearly $25.1 billion by 2019, demonstrating a compound annual growth rate (CAGR) of 5.3% for the five-year period, 2014 to 2019.
Report Includes
- An overview of the global market for welding products and related consumables.
- Analyses of global market trends, with data from 2012 and 2013, estimates for 2014, and projections of CAGRs through 2019.
- Information pertaining to machinery, filler materials, and accessories for various welding processes.
- A look at how the value of shipments at the manufacturing level fluctuates with the volume of metals consumed in the global industry.
- Insight concerning the fact that new technologies and methods are being introduced in the market at a very fast rate.
Report Highlights
Global market for welding products is $16.3 billion in the year 2011 and is projected to cross $17 billion in the year 2012. This is further anticipated to increase to $21.9 billion by 2017 at a compound annual growth rate (CAGR) of 5.2%.
Report Highlights
This Report:
- The global market for welding equipment and consumables increased from $12.7 billion in 2007 to an estimated $13.2 billion by the end of 2008. It should reach $16.9 billion by 2013, a compound annual growth rate (CAGR) of 5%.
- Arc-welding equipment holds the largest market share. Worth an estimated $10.7 billion by the end of 2008, this segment will reach $13.6 billion in 2013.
- The market for welding robots is growing at a higher rate than any other industrial robot market.
Report Highlights
-
The U.S. and Canadian markets for metal welding equipment and supplies in 2002 is expected to reach $3.9 billion. Rising at an average annual growth rate (AAGR) of 3.5%, this market will reach $4.6 billion in 2007.
-
The world market is estimated at $9.9 billion in 2002 and is projected to grow at an AAGR of 5.0% to about $12.7 billion in 2007.
-
The world market is growing faster than North America because welding is used to build infrastructure in industrializing Third World nations.
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Welding is threatened by alternative joining technologies, such as adhesive bonding, with many users seeing welding as a manufacturing bottleneck.
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Arc welding accounts for roughly 75% of the market in North America.
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Laser welding grew 10% to 12% annually prior to 2001 and continues to develop.
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