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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
United States Engine Driven Welders Market Share
Based on application, the infrastructure sector accounts for a significant share of the United States engine driven welders market
During 2021-2023, USD 70.2 billion investments were made to develop roads, bridges, and major projects. This initiative was part of the Bipartisan Infrastructure Law passed in 2021. The law allocates USD 1.2 trillion in federal funds to transportation, energy, and climate infrastructure projects, primarily through state and local governments. Ageing infrastructure and increasing investment in clean energy and power infrastructure support the market growth. During 2021-2023, USD 5.5 billion infrastructure investment was made in USA.
| Market Share by | Region |
| Southeast | 22.9% |
| New England | XX% |
| Mideast | XX% |
Residential spending constitutes approx. 45% of the total construction spending in the United States in 2023, growing at a CAGR of 9% between 2018 and 2023. During the same period, the construction spending within the manufacturing sector grew at a CAGR of 22%, thus, providing significant opportunity in the market.
Based on fuel type, diesel engine is a major contributor to the United States engine driven welders market revenue
Diesel-powered engine driven welders provides higher fuel efficiency along with longer lifespan, which is increasing their popularity among end users. They are being incorporated with technologies like reduced control cables, variable engine RPM, auto-stop/start technology, among others, which improves the fuel efficiency and reduce emissions.
Gasoline-powered engine driven welders are mostly preferred for mobile fabrication, owing to their compact size and thus finds increasing popularity within the agricultural industry. In 2022, farm improvements and construction expenditure accounted for 4.2% of the total farm expenditure and reached USD 19.0 billion.
United States Engine Driven Welders Market Report Snapshots
United States Engine Driven Welders Market Size
United States Engine Driven Welders Market Growth
United States Engine Driven Welders Market Trends
United States Engine Driven Welders Market Share
United States Engine Driven Welders Manufacturers
United States Engine Driven Welders Market Regional Analysis
*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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Key Questions Answered in the Report
The United States market for engine driven welders reached a value of USD 398.3 million in 2023.
The market is estimated to grow at a CAGR of 3.6% during 2024-2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of USD 553.9 million by 2032.
The factors driving the market growth are increasing technological advancements, rising construction and infrastructure development activities, expansion of the pipeline sector, etc.
The key regional markets for engine driven welders are New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West.
The end uses include construction, infrastructure, pipeline, mining, and power generation, among others.
The welding currents are 300-500 amp, less than 300 amp, above 500 amp.
The key players in the market include Lincoln Electric Holdings Inc, Miller Electric Mfg. LLC, Denyo Co. Ltd, Multiquip Inc, ESAB Corporation, and Tomahawk Power LLC, among others.
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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