Global Welding Equipment, Accessories & Consumables Market is valued approximately USD 25.90 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 4.6% over the forecast period 2022-2028.
Welding is a production method that joins constituents, generally thermoplastics or metals by using high heat to melt the parts together and letting them cool, which causes fusion. The rising application of welding across various industries such as construction & infrastructure, power generation, general fabrication, maintenance & repair, heavy fabrication, and many others is propelling the market demnad. The exponential growth of the steel industry, innovations and technological advancements, growing needs for the automotive are spurring market demand across the globe. For instance, according to the IBEF, in 2021, the production of crude steel and finished steel was accounted for 102.49 million tons and 94.66 million tons, respectively, and likely to reach 112-114 million tons with a rise of 8-9% respectively by the end of 2022. However, the unavailability of skilled labor and high labor cost impedes the growth of the market over the forecast period of 2022-2028. Also, the development of wind energy infrastructure is anticipated to act as a catalyzing factor for the market demand during the forecast period.
The key regions considered for the Global Welding Equipment, Accessories & Consumables Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Europe is the leading region across the world in terms of market share owing to the increasing demand for the heavy machinery, automotive, electronics, transportation, and construction industries, and rapid development in the field of energy-efficient robotic equipment. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as emerging economies, imposition of favorable investment policies, growing needs for welding consumables, and inclination towards urbanization would create lucrative growth prospects for the Welding Equipment, Accessories & Consumables market across the Asia-Pacific region.
Major market players included in this report are:
Colfax corporations
Lincoln Electric
Illinois Tool Works
Air Liquide
Linde group
GCE holding
Fronius international
CSR
Messer group
Matheson tri-gas
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Equipment
Electrodes & Filler Metal Equipment
Oxy-fuel Gas Equipment
Other Equipment
By Accessory
Protective Gear
Gas Manifolds
Flow Controllers
Gas Panels
Gas Flow Meters
Gas Regulators
Gas Cabinets
Gas Filters
Check Valves
By Consumables
Electrodes & Filler Materials
Gases
Fluxes & Wires
By Technology
Arc Welding
Oxy-fuel Welding
Others
By End Use Industry
General Fabrication
Power Generation
Automotive
Construction & Infrastructure
Heavy Fabrication
Shipbuilding
Maintenance & Repair
Offshore
Pipe Mill
Pipeline
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Welding Equipment, Accessories & Consumables Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
- 1.2.1. Welding Equipment, Accessories & Consumables Market, by Region, 2020-2028 (USD Billion)
- 1.2.2. Welding Equipment, Accessories & Consumables Market, by Equipment, 2020-2028 (USD Billion)
- 1.2.3. Welding Equipment, Accessories & Consumables Market, by Accessory, 2020-2028 (USD Billion)
- 1.2.4. Welding Equipment, Accessories & Consumables Market, by Consumable, 2020-2028 (USD Billion)
- 1.2.5. Welding Equipment, Accessories & Consumables Market, by Technology, 2020-2028 (USD Billion)
- 1.2.6. Welding Equipment, Accessories & Consumables Market, by End-Use Industry, 2020-2028 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Welding Equipment, Accessories & Consumables Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Welding Equipment, Accessories & Consumables Market Dynamics
- 3.1. Welding Equipment, Accessories & Consumables Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
- 3.1.1.1. Exponential growth in steel industry
- 3.1.1.2. Increasing demand from other end-use industries
- 3.1.2. Market Challenges
- 3.1.2.1. Unavailability of skilled labour and high labour cost
- 3.1.3. Market Opportunities
- 3.1.3.1. Development of wind energy infrastructure
Chapter 4. Global Welding Equipment, Accessories & Consumables Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2019-2028)
- 4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.3. Investment Adoption Model
- 4.4. Analyst Recommendation & Conclusion
- 4.5. Top investment opportunity
- 4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1.1. Assessment of the overall impact of COVID-19 on the industry
- 5.1.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6.
Chapter 7. Global Welding Equipment, Accessories & Consumables Market, by Equipment
- 7.1. Market Snapshot
- 7.2. Global Welding Equipment, Accessories & Consumables Market by Equipment, Performance - Potential Analysis
- 7.3. Global Welding Equipment, Accessories & Consumables Market Estimates & Forecasts by Equipment 2019-2028 (USD Billion)
- 7.4. Welding Equipment, Accessories & Consumables Market, Sub Segment Analysis
- 7.4.1. Electrodes & Filler Metal Equipment
- 7.4.2. Oxy-fuel Gas Equipment
- 7.4.3. Other Equipment
Chapter 8. Global Welding Equipment, Accessories & Consumables Market, by Accessory
- 8.1. Market Snapshot
- 8.2. Global Welding Equipment, Accessories & Consumables Market by Accessory, Performance - Potential Analysis
- 8.3. Global Welding Equipment, Accessories & Consumables Market Estimates & Forecasts by Accessory 2019-2028 (USD Billion)
- 8.4. Welding Equipment, Accessories & Consumables Market, Sub Segment Analysis
- 8.4.1. Protective Gear
- 8.4.2. Gas Manifolds
- 8.4.3. Flow Controllers
- 8.4.4. Gas Panels
- 8.4.5. Gas Flow Meters
- 8.4.6. Gas Regulators
- 8.4.7. Gas Cabinets
- 8.4.8. Gas Filters
- 8.4.9. Check Valves
Chapter 9. Global Welding Equipment, Accessories & Consumables Market, by Consumable
- 9.1. Market Snapshot
- 9.2. Global Welding Equipment, Accessories & Consumables Market by Consumable, Performance - Potential Analysis
- 9.3. Global Welding Equipment, Accessories & Consumables Market Estimates & Forecasts by Consumable 2019-2028 (USD Billion)
- 9.4. Welding Equipment, Accessories & Consumables Market, Sub Segment Analysis
- 9.4.1. Electrodes & Filler Materials
- 9.4.2. Gases
- 9.4.3. Fluxes & Wires
Chapter 10. Global Welding Equipment, Accessories & Consumables Market, by Technology
- 10.1. Market Snapshot
- 10.2. Global Welding Equipment, Accessories & Consumables Market by Technology, Performance - Potential Analysis
- 10.3. Global Welding Equipment, Accessories & Consumables Market Estimates & Forecasts by Technology 2019-2028 (USD Billion)
- 10.4. Welding Equipment, Accessories & Consumables Market, Sub Segment Analysis
- 10.4.1. Arc Welding
- 10.4.2. Oxy-fuel Welding
- 10.4.3. Others
Chapter 11. Global Welding Equipment, Accessories & Consumables Market, by End-Use Industry
- 11.1. Market Snapshot
- 11.2. Global Welding Equipment, Accessories & Consumables Market by End-Use Industry, Performance - Potential Analysis
- 11.3. Global Welding Equipment, Accessories & Consumables Market Estimates & Forecasts by End-Use Industry 2019-2028 (USD Billion)
- 11.4. Welding Equipment, Accessories & Consumables Market, Sub Segment Analysis
- 11.4.1. General Fabrication
- 11.4.2. Power Generation
- 11.4.3. Automotive
- 11.4.4. Construction & Infrastructure
- 11.4.5. Heavy Fabrication
- 11.4.6. Shipbuilding
- 11.4.7. Maintenance & Repair
- 11.4.8. Offshore
- 11.4.9. Pipe Mill
- 11.4.10. Pipeline
Chapter 12. Global Welding Equipment, Accessories & Consumables Market, Regional Analysis
- 12.1. Welding Equipment, Accessories & Consumables Market, Regional Market Snapshot
- 12.2. North America Welding Equipment, Accessories & Consumables Market
- 12.2.1. U.S. Welding Equipment, Accessories & Consumables Market
- 12.2.1.1. Equipment estimates & forecasts, 2019-2028
- 12.2.1.2. Accessory estimates & forecasts, 2019-2028
- 12.2.1.3. Consumable estimates & forecasts, 2019-2028
- 12.2.1.4. Technology estimates & forecasts, 2019-2028
- 12.2.1.5. End-Use Industry estimates & forecasts, 2019-2028
- 12.2.2. Canada Welding Equipment, Accessories & Consumables Market
- 12.3. Europe Welding Equipment, Accessories & Consumables Market Snapshot
- 12.3.1. U.K. Welding Equipment, Accessories & Consumables Market
- 12.3.2. Germany Welding Equipment, Accessories & Consumables Market
- 12.3.3. France Welding Equipment, Accessories & Consumables Market
- 12.3.4. Spain Welding Equipment, Accessories & Consumables Market
- 12.3.5. Italy Welding Equipment, Accessories & Consumables Market
- 12.3.6. Rest of Europe Welding Equipment, Accessories & Consumables Market
- 12.4. Asia-Pacific Welding Equipment, Accessories & Consumables Market Snapshot
- 12.4.1. China Welding Equipment, Accessories & Consumables Market
- 12.4.2. India Welding Equipment, Accessories & Consumables Market
- 12.4.3. Japan Welding Equipment, Accessories & Consumables Market
- 12.4.4. Australia Welding Equipment, Accessories & Consumables Market
- 12.4.5. South Korea Welding Equipment, Accessories & Consumables Market
- 12.4.6. Rest of Asia Pacific Welding Equipment, Accessories & Consumables Market
- 12.5. Latin America Welding Equipment, Accessories & Consumables Market Snapshot
- 12.5.1. Brazil Welding Equipment, Accessories & Consumables Market
- 12.5.2. Mexico Welding Equipment, Accessories & Consumables Market
- 12.6. Rest of The World Welding Equipment, Accessories & Consumables Market
Chapter 13. Competitive Intelligence
- 13.1. Top Market Strategies
- 13.2. Company Profiles
- 13.2.1. Colfax corporations
- 13.2.1.1. Key Information
- 13.2.1.2. Overview
- 13.2.1.3. Financial (Subject to Data Availability)
- 13.2.1.4. Product Summary
- 13.2.1.5. Recent Developments
- 13.2.2. Lincoln Electric
- 13.2.3. Illinois Tool Works
- 13.2.4. Air Liquide
- 13.2.5. Linde group
- 13.2.6. GCE holding
- 13.2.7. Fronius international
- 13.2.8. CSR
- 13.2.9. Messer group
- 13.2.10. Matheson tri-gas
Chapter 14. Research Process
- 14.1. Research Process
- 14.1.1. Data Mining
- 14.1.2. Analysis
- 14.1.3. Market Estimation
- 14.1.4. Validation
- 14.1.5. Publishing
- 14.2. Research Attributes
- 14.3. Research Assumption
LIST OF TABLES
- TABLE 1. Global Welding Equipment, Accessories & Consumables Market, report scope
- TABLE 2. Global Welding Equipment, Accessories & Consumables Market estimates & forecasts by Region 2019-2028 (USD Billion)
- TABLE 3. Global Welding Equipment, Accessories & Consumables Market estimates & forecasts by Equipment 2019-2028 (USD Billion)
- TABLE 4. Global Welding Equipment, Accessories & Consumables Market estimates & forecasts by Accessory 2019-2028 (USD Billion)
- TABLE 5. Global Welding Equipment, Accessories & Consumables Market estimates & forecasts by Consumable 2019-2028 (USD Billion)
- TABLE 6. Global Welding Equipment, Accessories & Consumables Market estimates & forecasts by Technology 2019-2028 (USD Billion)
- TABLE 7. Global Welding Equipment, Accessories & Consumables Market estimates & forecasts by End-Use Industry 2019-2028 (USD Billion)
- TABLE 8. Global Welding Equipment, Accessories & Consumables Market by segment, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 9. Global Welding Equipment, Accessories & Consumables Market by region, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 10. Global Welding Equipment, Accessories & Consumables Market by segment, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 11. Global Welding Equipment, Accessories & Consumables Market by region, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 12. Global Welding Equipment, Accessories & Consumables Market by segment, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 13. Global Welding Equipment, Accessories & Consumables Market by region, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 14. Global Welding Equipment, Accessories & Consumables Market by segment, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 15. Global Welding Equipment, Accessories & Consumables Market by region, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 16. Global Welding Equipment, Accessories & Consumables Market by segment, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 17. Global Welding Equipment, Accessories & Consumables Market by region, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 18. U.S. Welding Equipment, Accessories & Consumables Market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 19. U.S. Welding Equipment, Accessories & Consumables Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 20. U.S. Welding Equipment, Accessories & Consumables Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 21. Canada Welding Equipment, Accessories & Consumables Market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 22. Canada Welding Equipment, Accessories & Consumables Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 23. Canada Welding Equipment, Accessories & Consumables Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 24. UK Welding Equipment, Accessories & Consumables Market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 25. UK Welding Equipment, Accessories & Consumables Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 26. UK Welding Equipment, Accessories & Consumables Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 27. Germany Welding Equipment, Accessories & Consumables Market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 28. Germany Welding Equipment, Accessories & Consumables Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 29. Germany Welding Equipment, Accessories & Consumables Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 30. RoE Welding Equipment, Accessories & Consumables Market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 31. RoE Welding Equipment, Accessories & Consumables Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 32. RoE Welding Equipment, Accessories & Consumables Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 33. China Welding Equipment, Accessories & Consumables Market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 34. China Welding Equipment, Accessories & Consumables Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 35. China Welding Equipment, Accessories & Consumables Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 36. India Welding Equipment, Accessories & Consumables Market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 37. India Welding Equipment, Accessories & Consumables Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 38. India Welding Equipment, Accessories & Consumables Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 39. Japan Welding Equipment, Accessories & Consumables Market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 40. Japan Welding Equipment, Accessories & Consumables Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 41. Japan Welding Equipment, Accessories & Consumables Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 42. RoAPAC Welding Equipment, Accessories & Consumables Market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 43. RoAPAC Welding Equipment, Accessories & Consumables Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 44. RoAPAC Welding Equipment, Accessories & Consumables Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 45. Brazil Welding Equipment, Accessories & Consumables Market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 46. Brazil Welding Equipment, Accessories & Consumables Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 47. Brazil Welding Equipment, Accessories & Consumables Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 48. Mexico Welding Equipment, Accessories & Consumables Market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 49. Mexico Welding Equipment, Accessories & Consumables Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 50. Mexico Welding Equipment, Accessories & Consumables Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 51. RoLA Welding Equipment, Accessories & Consumables Market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 52. RoLA Welding Equipment, Accessories & Consumables Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 53. RoLA Welding Equipment, Accessories & Consumables Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 54. Row Welding Equipment, Accessories & Consumables Market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 55. Row Welding Equipment, Accessories & Consumables Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 56. Row Welding Equipment, Accessories & Consumables Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 57. List of secondary sources, used in the study of global Welding Equipment, Accessories & Consumables Market
- TABLE 58. List of primary sources, used in the study of global Welding Equipment, Accessories & Consumables Market
- TABLE 59. Years considered for the study
- TABLE 60. Exchange rates considered
LIST OF FIGURES
List of figures
- FIG 1. Global Welding Equipment, Accessories & Consumables Market, research methodology
- FIG 2. Global Welding Equipment, Accessories & Consumables Market, Market estimation techniques
- FIG 3. Global Market size estimates & forecast methods
- FIG 4. Global Welding Equipment, Accessories & Consumables Market, key trends 2021
- FIG 5. Global Welding Equipment, Accessories & Consumables Market, growth prospects 2022-2028
- FIG 6. Global Welding Equipment, Accessories & Consumables Market, porters 5 force model
- FIG 7. Global Welding Equipment, Accessories & Consumables Market, pest analysis
- FIG 8. Global Welding Equipment, Accessories & Consumables Market, value chain analysis
- FIG 9. Global Welding Equipment, Accessories & Consumables Market by segment, 2019 & 2028 (USD Billion)
- FIG 10. Global Welding Equipment, Accessories & Consumables Market by segment, 2019 & 2028 (USD Billion)
- FIG 11. Global Welding Equipment, Accessories & Consumables Market by segment, 2019 & 2028 (USD Billion)
- FIG 12. Global Welding Equipment, Accessories & Consumables Market by segment, 2019 & 2028 (USD Billion)
- FIG 13. Global Welding Equipment, Accessories & Consumables Market by segment, 2019 & 2028 (USD Billion)
- FIG 14. Global Welding Equipment, Accessories & Consumables Market, regional snapshot 2019 & 2028
- FIG 15. North America Welding Equipment, Accessories & Consumables Market 2019 & 2028 (USD Billion)
- FIG 16. Europe Welding Equipment, Accessories & Consumables Market 2019 & 2028 (USD Billion)
- FIG 17. Asia pacific Market 2019 & 2028 (USD Billion)
- FIG 18. Latin America Welding Equipment, Accessories & Consumables Market 2019 & 2028 (USD Billion)
- FIG 19. Global Welding Equipment, Accessories & Consumables Market, company Market share analysis (2021)