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North American Welding Helmet Market: Trends, Opportunities and Competitive Analysis 2023-2028

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    Report

  • 144 Pages
  • April 2023
  • Region: North America
  • Lucintel
  • ID: 5790081
The future of the North American welding helmet market looks promising with opportunities in the transportation, heavy equipment, general manufacturing, ship off shore, construction/infrastructure, oil & gas, general fabrication, MRO, education, and consumer. The North American welding helmet market is expected to reach an estimated $329 million by 2028 with a CAGR of 7.7% from 2022 to 2028. The major drivers for this market are growth in the construction, automotive, production industries, and growing utilization of semiautomatic and automatic robots in welding activities have created the demand for the welding helmet market.

Emerging Trends in the North American Welding Helmet Market

Emerging trends, which have a direct impact on the dynamics of the industry, include growing demand for welding helmets with improved clarity, increasing usage of welding helmets with arc tracking capabilities, and emergence of ergonomic headgear design in welding helmets.

A total of 58 figures /charts and 34 tables are provided in this more than 144-page report to help in your business decisions.
  • North American Welding Helmet Market by Product and End Use
In this market, auto darkening welding helmets is the larger segment by product type, whereas consumer is largest segment by end use. Growth in various segments of the welding helmet market are given below:

The study includes trends and forecast for the North American welding helmet market by product type and end use as follows:

By Product [Value ($ Million) and Volume (Thousand Units) from 2017 to 2028]:

  • Passive Welding Helmet Market by End Use
  • Transportation
  • Heavy Equipment
  • General Manufacturing
  • Ship Off Shore
  • Construction/Infrastructure
  • Oil & Gas
  • General Fabrication
  • MRO
  • Education
  • Consumer
  • Auto Darkening Welding Helmet Market by End Use
  • Transportation
  • Heavy Equipment
  • General Manufacturing
  • Ship Off Shore
  • Construction/Infrastructure
  • Oil & Gas
  • General Fabrication
  • MRO
  • Education
  • Consumer

List of North American Welding Helmet Market Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies welding helmet companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the welding helmet companies profiled in this report include.
  • Lincoln Electric
  • ESAB
  • 3M
  • Optrel AG
  • Miller Electric Mfg.co
  • SureWerx
  • GYS
  • Walter Surface Technologies
  • JET Group
Honeywell International Inc.

North American Welding Helmet Market Insights

The analyst forecasts that auto darkening welding helmets will remain the largest segment over the forecast period due to growing demand for helmets that provide protection from harmful radiations while welding and protecting eyes of the welder from damage.

Within this market, consumer will remain the largest segment by end use over the forecast period due to growing demand of welding in “Do-It-Yourself” home projects.

Features of the North American Welding Helmet Market

  • Market Size Estimates: North American welding helmet marke size estimation in terms of value ($M) and volume (thousand units).
  • Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments.
  • Segmentation Analysis: North American welding helmet market size by various segments, such as product type and end use.
  • Growth Opportunities: Analysis on growth opportunities in different segments which includes product type and end use for welding helmet market.
  • Strategic Analysis: This includes M&A and competitive landscape for the welding helmet .
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQS

Q1. What is the welding helmet market size?
Answer:The North American welding helmet market is expected to reach an estimated $329 million by 2028.

Q2. What is the growth forecast for welding helmet market?
Answer:The welding helmet market is expected to grow at a CAGR of 7.7% from 2023 to 2028.

Q3. What are the major drivers influencing the growth of the welding helmet market?
Answer: The major drivers for this market are growth in the construction, automotive, production industries, and growing utilization of semiautomatic and automatic robots in welding activities have created the demand for the welding helmet market.

Q4. What are the major applications or end use industries for welding helmet?
Answer:The major end use includes transportation, heavy equipment, general manufacturing, ship off shore, construction/infrastructure, oil & gas, general fabrication, MRO, education, and consumer.

Q5. What are the emerging trends in welding helmet market?
Answer:Emerging trends, which have a direct impact on the dynamics of the industry, include growing demand for welding helmets with improved clarity, increasing usage of welding helmets with arc tracking capabilities, and emergence of ergonomic headgear design in welding helmets.

Q6. Who are the key welding helmet companies?
Answer:Some of the key welding helmet companies are as follows:
Lincoln Electric.
  • ESAB
  • Optrel AG
  • 3M
  • Miller Electric Mfg.co
  • SureWerx
  • Walter Surface Technologies
  • GYS
  • JET Group
Honeywell International Inc.

Q7. Which will be the largestwelding helmet product segment in the future?
Answer: The analyst forecasts that auto darkening welding helmets will remain the largest segment over the forecast period due to growing demand for helmets that provide protection from harmful radiations while welding and protecting eyes of the welder from damage.

Q8. Do we receive customization in this report?
Answer:Yes, the analyst provides 10% Customization Without any Additional Cost.

This report answers the following 10 key questions

Q.1. What are some of the most promising potential, high-growth opportunities for the North American welding helmet market by product type (passive welding helmet and auto darkening welding helmets) and end use (transportation, heavy equipment, general manufacturing, ship off shore, construction/infrastructure, oil & gas, general fabrication, MRO, education, and consumer)?
Q. 2. Which segments will grow at a faster pace and why?
Q.3. What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.4. What are the business risks and threats to the market?
Q.5. What are the emerging trends in this market and the reasons behind them?
Q.6. What are some changing demands of customers in the market?
Q.7. What are the new developments in the market? Which companies are leading these developments?
Q.8. Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.9. What are some of the competitive products and processes in this market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.10. What M & A activities did take place in the last five years in this market?


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Table of Contents

1. Executive Summary
2. Market Background and Classifications
2.1: Introduction, Background, and Classification
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2017 to 2028
3.1: Macroeconomic Trends and Forecast
3.2: North American Welding Helmet Market Trends and Forecast
3.3: North American Welding Helmet Market by Product
3.3.1: Passive Welding Helmet
3.3.1.1: Transportation
3.3.1.2: Heavy Equipment
3.3.1.3: General Manufacturing
3.3.1.4: Ship Off Shore
3.3.1.5: Construction/ Infrastructure
3.3.1.6: Oil and Gas
3.3.1.7: General Fabrication
3.3.1.8: MRO
3.3.1.9: Education
3.3.1.10 Consumer
3.3.2 Auto-Darkening Welding Helmet
3.3.2.1: Transportation
3.3.2.2: Heavy Equipment
3.3.2.3: General Manufacturing
3.3.2.4: Ship Off Shore
3.3.2.5: Construction/ Infrastructure
3.3.2.6: Oil and Gas
3.3.2.7: General Fabrication
3.3.2.8: MRO
3.3.2.9: Education
3.3.2.10: Consumer
4. Competitor Analysis
4.1: Product Portfolio Analysis
4.2: Geographical Reach
4.3: Porter’s Five Forces Analysis
5. Growth Opportunities and Strategic Analysis
5.1: Growth Opportunity Analysis
5.1.1: Growth Opportunities for the North American Welding Helmet Market by Product
5.1.2: Growth Opportunities for the North American Welding Helmet Market by End Use Industry
5.2: Emerging Trends in the North American Welding Helmet Market
5.3: Segment Analysis of the North American Welding Helmet Market: Helmet Cost, Number of Operators, and Number of Helmets Per Year
5.4: Strategic Analysis
5.4.1: New Product Development
5.4.2: Mergers, Acquisitions, and Joint Ventures in the North American Welding Helmet Market
5.4.3: Certification and Licensing
6. Company Profiles of Leading Players
6.1: Lincoln Electric
6.2: ESAB
6.3: 3M
6.4: Optrel AG
6.5: Miller Electric Mfg co
6.6: SureWerx
6.7: GYS
6.8: Walter Surface Technologies
6.9: JET group
6.10: Honeywell International Inc.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Lincoln Electric
  • ESAB
  • 3M
  • Optrel AG
  • Miller Electric Mfg co
  • SureWerx
  • GYS
  • Walter Surface Technologies
  • JET group
  • Honeywell International Inc.

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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