Global Engine Driven Welders Market Report and Forecast 2024-2032

Global Engine Driven Welders Market Outlook

The global engine driven welders market is being driven by increasing adoption of advance tools to minimize cost and labor and the growing demand by the pipeline industry. The market is expected to grow at a CAGR of 4% in the forecast period of 2024-2032.  

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Increasing Automation of Industries to Boost the Engine Driven Welders Industry Growth

The increase in adoption of automating and mechanizing machines as we move into the future is supporting the market growth of engine driven welders. The introduction of advanced automated designs and processes has reduced the cost of labor, increasing the work rate as well as efficiency, which is forecast to drive the global market for engine driven welders. In addition, revamping of outdated technology and infrastructure, expanding industries, and investment in advanced mechanisms are predicted to significantly aid the growth of this industry. The market growth is also supported by the growth opportunities created by engine driven welders over the forecast period. 

Engine Driven Welders: Market Segmentation

The main objective of the engine driven welder is to produce power using fuels such as gasoline, diesel, propane, etc., and it works like a generator. The advancement in technology of the engine driven welders diversifies its applications and can be used to power fans, air compressors, pumps and other common tools as well. The market is rising in popularity due to its attributes such as flexibility, structural integrity, light-weighted, among others. The generators are generally used outdoors and can be transported from one place to the other. This growing market is aided by its desirable qualities and the ability to be used as a backup generator. 

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Based on type, the market is segmented into: 

• Diesel Engine
• LPG Fueled Engine
• Gasoline Engine

By welding current, the market is divided into:
 

• Less than 300 Amp
• 300-500 Amp
• Above 500 Amp

On the basis of application, the market is categorized into:

• Mining
• Construction
• Power Generation
• Infrastructure
• Pipeline
• Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

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Rising Demand by the Pipeline Industry to Assist the Growth of Engine Driven Welders Industry

The engine-driven welder engines are not only powerful but very durable, and they can withstand hazardous environments of pipeline welding. These products are designed to be transported easily and can maintain their structural integrity in the harshest conditions making it very desirable hence increasing demand by the pipeline industry, driving the market growth of engine driven welders. The market for engine driven welders is also supported by the versatility and the elimination of multiple welding machines. Furthermore, the light weighted structure helps to pick it up and transport about, all these advantages accredit to the increasing growth rate of the engine driven welders industry. 

Key Industry Players in the Global Engine Driven Welders Market

The report gives a detailed analysis of the following key players in the global engine driven welders market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• The Lincoln Electric Company
• Denyo Co. Ltd.
• BCS S.p.A
• ESAB Group
• Xiamen GTL Power Systems Co. Ltd.
• Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report