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Historical Year
Forecast Year
The global arc welding equipment market attained a value of about USD 4.76 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 6.1% to reach USD 8.11 billion by 2032.
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The Asia Pacific is expected to dominate the global arc welding equipment industry over the forecast period. This can be correlated to the rapid industrialisation in the developing countries of the Asia Pacific. China and India are predicted to fuel the growth of the arc welding equipment industry owing to the increasing number of infrastructural developments. The market in the Asia Pacific is further aided by the growing demand for metalwork operations in shipbuilding and fabrication.
Apart from the Asia Pacific, North America and Europe are predicted to witness significant growth in the arc welding equipment industry. The United States of America and Canada are expected to dominate within North America. United Kingdom, Germany, Italy, and France are predicted to be the major markets for the product in Europe owing to the automation advancements in the countries. The rising inclination towards renewable energy sources requires the installation of solar and hybrid power stations. This is expected to aid the arc welding equipment industry growth over the forecast period.
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Arc welding is a welding process that employs electricity to join metal to metal by generating heat sufficient to melt the metals. A power supply is used to create an arc between a metal stick (electrode) and the base material to melt the metals at the point of contact.
Based on the process, the market is classified into:
Based on the level of automation, the market is categorised into:
Based on gases, the market is divided into:
Based on application, the market is segmented into:
The EMR report looks into the regional markets of North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The market is being driven by a significant rise in demand for automated or robotic arc welding equipment due to a shortage of skilled labour in the manufacturing and processing industry. Governments are spending a massive amount on the expansion of national infrastructure. The rise in the number of construction projects is expected to bolster the product’s demand. Arc welding equipment is also used in shipbuilding, manufacture of steel structures, aerospace, and defence. The installation of power-grid equipment for the generation of renewable energy provides a promising opportunity for the growth of the arc welding equipment industry. The adoption of automated arc welding equipment in the automotive industry to meet the increasing demand for passenger cars across the globe is further aiding the market growth.
The report presents a detailed analysis of the following key players in the global arc welding equipment market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Process |
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| Breakup by Level of Automation |
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| Breakup by Gases |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global arc welding equipment market size in 2023 was about USD 4.76 billion.
The market is projected to grow at a CAGR of 6.1% between 2024 and 2032.
The market is estimated to witness steady growth in the forecast period of 2024-2032 to reach about USD 8.11 billion by 2032.
The major drivers of the market include rising number of construction projects, growing usage of the product in the automotive and aerospace sector, and rapid industrialisation.
The growing demand for automated arc welding equipment, the expanding national infrastructure, the rising use of arc welding equipment in manufacturing steel structures, the increasing demand for passenger cars, and the rising generation of renewable energy are the key trends guiding the market.
North America, Europe, the Asia Pacific, Latin America, and the Middle East, and Africa are the major regional markets for arc welding equipment.
The major segments on the basis of process considered in the market report are shielded metal arc welding, gas metal arc welding, flux core arc welding, gas tungsten arc welding, and submerged arc welding.
Manual, automatic, and semi-automatic are the various levels of automation considered in the market report.
The significant segments on the basis of gases considered in the market report are argon, helium, hydrogen, carbon dioxide, oxygen, and nitrogen, among others.
The several applications of arc welding equipment are energy and utilities, automotive, construction, aerospace and defence, and shipbuilding, among others.
The key players in the arc welding equipment market are Colfax Corporation, Telwin Spa, The Lincoln Electric Company, AIR LIQUIDE S.A., Arcon Welding Equipment, Automation International, Inc., and Miller Electric Mfg. LLC, among others.
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Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
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+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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