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Welding Machinery - Global Market Trajectory & Analytics

  • ID: 338718
  • Report
  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • ARCON Welding LLC
  • Coherent Inc.
  • Denyo Co. Ltd.
  • Hobart Brothers Company
  • IGM Robotersysteme AG
  • Kemppi
Global Welding Machinery Market to Reach $17.7 Billion by 2027

Amid the COVID-19 crisis, the global market for Welding Machinery estimated at US$12 Billion in the year 2020, is projected to reach a revised size of US$17.7 Billion by 2027, growing at a CAGR of 5.7% over the analysis period 2020-2027. Arc Welding, one of the segments analyzed in the report, is projected to record a 6.5% CAGR and reach US$7 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Oxy-Fuel Welding segment is readjusted to a revised 5.1% CAGR for the next 7-year period.

The U.S. Market is Estimated at $3.2 Billion, While China is Forecast to Grow at 8.9% CAGR

The Welding Machinery market in the U.S. is estimated at US$3.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.8 Billion by the year 2027 trailing a CAGR of 8.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.1% and 5.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.

Resistance Welding Segment to Record 5.4% CAGR

In the global Resistance Welding segment, USA, Canada, Japan, China and Europe will drive the 5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.4 Billion in the year 2020 will reach a projected size of US$2 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2.4 Billion by the year 2027, while Latin America will expand at a 6.6% CAGR through the analysis period.

Select Competitors (Total 191 Featured):
  • ACRO Automation Systems Inc.
  • ARCON Welding LLC
  • Bernard
  • Carl Cloos Schweisstechnik GmbH
  • Coherent Inc.
  • Daihen Corporation
  • Denyo Co. Ltd.
  • ESAB
  • Fronius International GmbH
  • Hobart Brothers Company
  • IDEAL-Werk
  • IGM Robotersysteme AG
  • Illinois Tool Works Inc.
  • Kemppi
  • Kiefel GmbH
  • Kobe Steel Ltd.
  • KUKA AG
  • Manufacturing Technology Inc.
  • Miller Electric Mfg. Co.,
  • Panasonic Corp.
  • Sonics & Materials Inc.
  • The Lincoln Electric Company
  • Tianjin Golden Bridge Welding Materials Group
  • voestalpine Böhler Welding GmbH
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • ARCON Welding LLC
  • Coherent Inc.
  • Denyo Co. Ltd.
  • Hobart Brothers Company
  • IGM Robotersysteme AG
  • Kemppi
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Welding Machinery: An Introductory Prelude
  • Brighter Prospects Ahead amid Boisterous End-Use Market Environments
  • Recent Market Activity
  • Developed Nations Make Way for Emerging Markets
  • STable Economic Scenario to Extend Growth Opportunities
  • Competitive Landscape
  • Leading Players in the World Welding Machinery Market
  • Lincoln Electric - The Global Welding Leader
  • Asian Markets - An Impregnable Turf for International Giants
  • M&A Activity
  • Select M&A Deals in the World Welding Machinery Market (2014-2017)
2. FOCUS ON SELECT PLAYERS
  • ACRO Automation Systems, Inc. (USA)
  • ARCON Welding, LLC (USA)
  • Carl Cloos Schweisstechnik GmbH (Germany)
  • Coherent, Inc. (USA)
  • Daihen Corporation (Japan)
  • Denyo Co., Ltd. (Japan)
  • ESAB (UK)
  • Fronius International GmbH (Austria)
  • IDEAL-Werk (Germany)
  • IGM Robotersysteme AG (Austria)
  • Illinois Tool Works, Inc. (USA)
  • Bernard (USA)
  • Hobart Brothers Company (USA)
  • Miller Electric Mfg. Co. (USA)
  • Kemppi (Finland)
  • Kiefel GmbH (Germany)
  • Kobe Steel Ltd. (Japan)
  • KUKA AG (Germany)
  • Manufacturing Technology, Inc. (USA)
  • Panasonic Corporation (Japan)
  • Sonics & Materials, Inc. (USA)
  • The Lincoln Electric Company (USA)
  • Tianjin Golden Bridge Welding Materials Group (China)
  • voestalpine Böhler Welding GmbH (Germany)
3. MARKET TRENDS & DRIVERS
  • Innovations Galore!
  • Changing Industrial Needs Drive Innovations in Welding Market
  • Technologies to Address Skill Shortage - the New Focus of Manufacturers
  • Material Changes affect Technology Developments Materially
  • Competitive Forces Drive Adoption of Automation and Information Management Systems in Welding
  • Narrower Joints Reduce Welding Material Consumption and Time
  • New Techniques Transform Welding Process
  • New Submerged Arc Welding Wire from Lincoln Helps Overcome Processing Flaws
  • Automated Welding Offers Significant Potential
  • Welding Robots Advance Growth
  • Automation Drives Demand for SAW Equipment
  • Cost Remains a Major Hurdle for Welding Robots
  • Solid Wires Replacing Stick Electrodes
  • Adhesives Reduce Need for Welding
  • Impact of Quality Control
  • User Friendly Equipment: Order of the Day
  • Rising Demand for Aluminum Welding Equipment
  • Advances in TIG Welding Offer Growth Opportunities
  • Advanced TIG Welders to Address Poor Arc Starts
  • True Pulsing - Yet Another Feature Improvement
  • FCAW Gains Acceptance
  • Hybrid Welding Technology to Drive Growth
  • Plastics Welding Sidelines Metal Welding
  • Maintenance & Repair Projects to Drive Demand
  • Increased Emphasis on Improving Welding Process
  • Favorable HSAW Pipes Market Signals Opportunities
  • Steel Production & Consumption: Key Indicators of Welding Market Dynamics
  • Markets Outside China to Drive Steel Demand, to Influence Welding Machinery Demand
4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA
IV. COMPETITION
  • Total Companies Profiled: 191
Note: Product cover images may vary from those shown
  • ACRO Automation Systems Inc.
  • ARCON Welding LLC
  • Bernard
  • Carl Cloos Schweisstechnik GmbH
  • Coherent Inc.
  • Daihen Corporation
  • Denyo Co. Ltd.
  • ESAB
  • Fronius International GmbH
  • Hobart Brothers Company
  • IDEAL-Werk
  • IGM Robotersysteme AG
  • Illinois Tool Works Inc.
  • Kemppi
  • Kiefel GmbH
  • Kobe Steel Ltd.
  • KUKA AG
  • Manufacturing Technology Inc.
  • Miller Electric Mfg. Co.
  • Panasonic Corp.
  • Sonics & Materials Inc.
  • The Lincoln Electric Company
  • Tianjin Golden Bridge Welding Materials Group
  • voestalpine Böhler Welding GmbH
Note: Product cover images may vary from those shown
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