1. Market Research
  2. > Manufacturing Market Trends
Welding Equipment, Accessories, and Consumables Global Market Report 2022

Welding Equipment, Accessories, and Consumables Global Market Report 2022

  • March 2022
  • 250 pages
  • ID: 6248263
  • Format: PDF
  • The Business Research Company

Summary

Table of Contents

Major players in the welding equipment, accessories, and consumables market are Air Liquide S.A., British Oxygen Company, Bug-O Systems Inc., Carl Cloos Schweisstechnik, Cavagna Group, Colfax Corporation, Daihen Corporation, GCE Holding AB, Gentec (Shanghai) Corporation, Illinois Tool Works Inc, Kobe Steel Ltd, Koike Aronson Inc., Lincoln Electric, Linde Group and Matheson Tri-Gas Inc.

The global welding quipment, accessories and consumables market is expected to grow from $21.47 billion in 2021 to $23.08 billion in 2022 at a compound annual growth rate (CAGR) of 7.52%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $31.17 billion in 2026 at a CAGR of 7.80%.

The welding equipment, accessories, and consumables market consists of sales of welding equipment, accessories, and consumables by entities (organizations, sole traders, and partnerships) that refer to a set of activities used in the welding industry.The welding is the process of joining metals and thermoplastics for creating strong joints between two or more parts by means of coalescence.

The Filler metals melt during the process and Flux is used as a deoxidizer. These flux and filler metals together are known as welding consumables and are used in variousapplication and industry such as automotive Industry.

The main technologies used in welding equipment, accessories, and consumables market are arc welding, oxy-fuel welding.The Arc Welding is a type of welding process which uses an electric arc to create heat to melt and join metals and in consumable it does not only act as a filler during the heating but also helps in stabilizing the flame.

The various types of equipment used are welding electrode, filler metal and oxy-fuel gas. The welding equipment, accessories, and consumables are used by end users such as in automotive, building and construction, heavy engineering, railway & shipbuiding, oil & gas and others.

Asia Pacific was the largest region in the Welding Equipment, Accessories, and Consumables market in 2021.Asia Pacific is expected to be the fastest-growing region in the forecast period.

The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The growing demand for the steel industry is expected to propel the growth of the welding equipment, accessories, and consumables market.The increased demand for welded metals in the fabrication industry and the use of welding equipment is used for applications such as stick welding, tungsten inert gas (TIG) welding, and metal inert gas (MIG) welding.

For instance, according to the American Iron and Steel Institute, as of January 2022, in the United States, the domestic raw steel production stood at 1,803,000 net tons while the capability utilization rate was 81.9%. Also, according to IBEF, in FY2021, in India, the production of crude steel and finished steel stood a 102.49 MT and 94.66 MT, respectively. Therefore, the growing demand for the steel industry is driving the growth of the welding equipment, accessories, and consumables market.

Technological advancements is a key trend gaining popularity in the welding equipment, accessories, and consumables market.Technological advancement is a discovery of knowledge that advances technology.

For instance, in February 2021, Lincoln Electric, a US-based manufacturer of welding, cutting, and brazing products have introduced the new diesel engine-driven welder named Vantage 441X.The Vantage 441X welder/generator is loaded with features to help keep job sites welding at peak performance.

It has been equipped with a 41hp, turbocharged Perkins diesel engine, 100% duty cycle DC welding output that provides enhanced power and performance along with fuel efficiency.

In March 2020, Voestalpine Bohler Welding, a Germany-based manufacturer of welding consumables acquires Selco s.r.l. for an undisclosed amount. Through this acquisition, Voestalpine Böhler Welding is expected to further expand its market position after the successful launch of the welding machine series. Also, the acquisition would strengthen Voestalpine’s position as a full welding solution provider in the welding industry, which would enable its customers to carry out best-in-class welds. Selco s.r.l. is an Italy-based manufacturer and distributor of welding machines.

The countries covered in the Welding Equipment, Accessories, and Consumables market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Laser Welding Equipment Market Research Report by Technology, Level of Automation, End User, Region - Global Forecast to 2027 - Cumulative Impact of COVID-19

  • $ 3949
  • April 2022
  • 219 pages

Laser Welding Equipment Market Research Report by Technology (Arc Welding, Laser-beam Welding, and Oxy-fuel), Level of Automation, End User, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) ...

  • World
  • Manufacturing
  • Metalworking Machinery
  • Industry analysis

ref:plp2022

Reportlinker.com © Copyright 2022. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on