In 2023, China dominated the global export market for non-automatic electric resistance welding equipment, contributing over 43% of the share. The United States and Germany followed, each controlling just over 10% of the market. Key regions like Italy and Brazil held smaller yet significant portions. Notably, emerging markets such as India and Russia demonstrated positive growth, though their overall market share remains modest. Some traditionally strong exporters, like Japan and France, saw a decline in their shares due to competitive pressures and market shifts.
Future trends to watch include the increasing role of technological advancements in welding equipment that could benefit countries investing more in innovation. Geopolitical shifts and trade policies will also influence global dynamics, dictating either growth opportunities or constraints for exporters.
Top countries in Export of Non-Automatic Electric Resistance Welding Equipment Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 43.01 | 2023 | +1.86% | +0.47% | View data |
| 2 | 2 United States | 10.47 | 2023 | +0.47% | +0.59% | View data |
| 3 | 3 Germany | 10.32 | 2023 | -5.39% | -6.79% | View data |
| 4 | 4 Italy | 7.85 | 2023 | -6.86% | -7.06% | View data |
| 5 | 5 Brazil | 5.88 | 2023 | +6.46% | +0.6% | View data |
| 6 | 6 France | 3.53 | 2023 | -12.25% | -14.04% | View data |
| 7 | 7 South Korea | 3.34 | 2023 | -15.67% | -2.72% | View data |
| 8 | 8 Ukraine | 2.97 | 2023 | +0.014% | -1.17% | View data |
| 9 | 9 Canada | 2.47 | 2023 | -1.36% | -9.07% | View data |
| 10 | 10 Belgium | 1.71 | 2023 | -6.42% | -8.34% | View data |
