Global Welding Machines Market was valued at USD 31.01 billion in 2021 and is expected to reach the value of USD 45.12 billion by 2029, at a CAGR of 4.80% during the forecast period of 2022 to 2029.
Welding is a manufacturing or assembly process that is used to join materials such as metals and thermoplastics. Fusion of intersecting materials joins metals or thermoplastics together. Welding is a constantly evolving technology. Shielded metal arc welding (SMAW), gas tungsten arc welding (GTAW), gas metal arc welding (GMAW), flux-cored arc welding (FCAW), and submerged arc welding are all common welding technologies (SAW).
The global welding machines market is a rapidly growing industry that caters to a wide range of applications. Welding machines are used in various industries, including automotive, construction, aerospace, and shipbuilding. These machines are essential for joining two metal surfaces by melting them and applying pressure to fuse them together.
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The global welding machines market is a rapidly growing industry that caters to a wide range of applications. driven by the increasing demand for welding machines in the automotive and construction industries. There are several types of welding machines available in the market, each with its unique features and applications. These machines are used in various industries, including automotive, construction, aerospace, and shipbuilding.
Major Prominent Players of Welding Machines Market:
Jasic Technology
TECNA S.p.A.
Lincoln Electric
Telwin
Denyo
Fronius International
Timewelder
Panasonic Welding Systems
Arc Machines
Colfax
Riland
Daihen
Nelson Stud Welding
Koike Aronson
Nimak
Aitel Welder
Obara
Global Welding Machines Market Segmented by Types
Arc Welding
Resistance Welding
Global Welding Machines Market Segmented by Applications
Automotive
Heavy Equipment
Aerospace
Electronics, Medical, Precision Instruments
Energy and Chemical
Global Welding Machines Market: By Regions
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
Global Welding Machines Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.
Reasons to Purchase Welding Machines Market Report
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porters five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
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