Welding Equipment Market By Type (Arc welding, Resistance spot welding, Other), By Technology (Automatic, Manual), By End user industry (Automotive, Construction, Heavy engineering, Other): Global Opportunity Analysis and Industry Forecast, 2021-2031

Welding Equipment Market

Welding equipment are powerful tools that use electricity to fuse two or more metal components. Welding is a type of fabrication process in which two or more metal workpieces are fused together by using heat, pressure, or both. Welding can be done manually or automatically with the help of robots.

Key factors driving the growth of the welding equipment market include growth of construction industry, growth of automotive industry and Advantages of welding. Welding equipment is essential for constructing bridges, as it is used to join steel components together to create the bridge's structure. This includes the welding of beams, girders, and other steel components that make up the bridge's framework. Hence, the increased investment in construction activities, majorly in Asia-Pacific, is expected to drive the growth of the market. Furthermore, the demand for cars and bikes has significantly increased in the past few years, owing to rise in per capita income in developing countries. This has led to the expansion of manufacturing facilities and the development of new technologies & materials used in vehicle production. Thus, the growth of the automotive industry has a significant impact on the welding equipment industry. 

Moreover, the growth of the construction industry has led to an increase in infrastructure development, such as the construction of highways, bridges, and tunnels. Welding equipment is used extensively in the construction of these structures, providing a significant boost to the welding equipment market. Welding equipment is essential for constructing bridges, as it is used to join steel components together to create the bridge's structure. This includes the welding of beams, girders, and other steel components that make up the bridge's framework. Hence, the increased investment in construction activities, majorly in Asia-Pacific, is expected to drive the growth of the market.

The market also offers growth opportunities to the key players in the market.  Over the years, advancements in welding technology have led to the development of various welding techniques that are more efficient, accurate, and safer than traditional methods. For example, laser welding technology uses a high-powered laser beam to melt and join two or more materials. It is a fast and precise welding method, which produces high-quality welds with minimal distortion. In addition, robotic welding technology uses robots to perform welding operations. It is commonly used in manufacturing industries for welding large volumes of components with high precision and efficiency. For instance, in November 2022, Hans Robots launched new automated arc welding system that improves the accuracy, efficiency, and stability of welding. These kinds of developments are expected to provide lucrative opportunities for the growth of the key players in the welding equipment market during the forecast period.

The welding equipment market is segmented into type, operation, and end user industry. By type the market is categorized into arc welding, resistance welding and other. On the basis of operation, it is bifurcated into manual and automatic. As per end-user industry, the market is categorized into automotive, construction, heavy engineering, and Other. Region wise, it is analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East and Africa).

The major players profiled in the welding equipment market report include Coherent, Inc., Fanuc, Illinois Tool Works Inc., Panasonic Industry Co., Ltd., The Lincoln Electric Company, ESAB, ACRO Automation Systems, Inc., Kemppi Oy, Carl Cloos Schweisstechnik GmbH, and Cruxweld Industrial Equipments Pvt. Ltd. The players in the market have been actively engaged in the adoption various strategies such as acquisition, product launch and expansion to remain competitive and gain advantage over the competitors in the market. For instance, in October 2022, kemppi Oy launched its new the X5 FastMig Pulse welding system to expand its presence in the market.

Key Market Insights 

By type, the arc welding segment was the highest revenue contributor to the market and is estimated to reach $10,316.1 million by 2031, with a CAGR of 5.0%. However, the resistance spot welding segment is estimated to be the fastest-growing segment with a CAGR of 5.7% during the forecast period.

By end user industry, the automotive segment dominated the global market. However, the construction segment is expected to be the fastest-growing segment with a CAGR of 5.1% during the forecast period.

Based on sales channel, the offline segment was the highest revenue contributor to the market with a CAGR of 5.6% during the forecast period.

Based on region, Asia-Pacific garnered the largest revenue share in 2021, whereas Asia-Pacific is anticipated to grow at the highest CAGR of 5.4% during the forecast period

Overview

The global welding equipment market size was valued at $8,303.4 million in 2021 and is projected to reach $13,888.1 million by 2031, registering a CAGR of 5.1% from 2022 to 2031. A welding equipment is a type of metal fabricating equipment, which uses heat, pressure, or both to join two or more metal components.

Welding equipment is a powerful tool that uses electricity to fuse two or more metal components. Welding can be done manually or automatically with the help of robots. Manual welding offers various advantages such as greater flexibility and cost efficiency, whereas robotic welding is precise and it is used for applications with low error tolerance.

According to International Energy Agency, India had approximately 25 vehicles per thousand people as of 2020, and the number is expected to cross 150 vehicles per thousand people by the year 2040. Moreover, welding equipment are extensively used in automobile industry to fabricate various components such as chassis, transmission components, and bodywork. Furthermore, welding is used in the aftersales services of automotives. Thus, rise in automobile sales is anticipated to drive the growth of welding equipment market.

According to the World Bank, the world population is expected to reach above 9 billion in 2050, from around 7 billion in 2020. This increase in population is anticipated to fuel the demand for housing and public infrastructure, thereby, increasing the use of welding equipment as they are extensively used for various construction activities such as joining steel reinforcements, fabricating external window grills, fabricating metal doors, and building steel structures. Thus, the growth of construction industry positively influences the welding equipment industry.

The welding equipment market is segmented into type, operation, and end-user industry, and region. By type, the market is categorized into arc welding, resistance welding, and other. On the basis of operation, it is bifurcated into manual and automatic. By end-user industry, the market is classified into automotive, construction, heavy engineering, and other. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Benefits For Stakeholders

●This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the welding equipment market analysis from 2021 to 2031 to identify the prevailing welding equipment market opportunities.

●The market research is offered along with information related to key drivers, restraints, and opportunities.

●Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.

●In-depth analysis of the welding equipment market segmentation assists to determine the prevailing market opportunities.

●Major countries in each region are mapped according to their revenue contribution to the global market.

●Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.

●The report includes the analysis of the regional as well as global welding equipment market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

○ Cruxweld Industrial Equipments Pvt. Ltd

Scope of Welding Equipment Market Report

1.1. Report description

1.2. Key market segments

1.3. Key benefits to the stakeholders

1.4. Research Methodology

1.4.1. Primary research

1.4.2. Secondary research

1.4.3. Analyst tools and models

2.1. CXO Perspective

3.1. Market definition and scope

3.2. Key findings

3.2.1. Top impacting factors

3.2.2. Top investment pockets

3.3. Porter’s five forces analysis

3.3.1. Bargaining power of suppliers

3.3.2. Bargaining power of buyers

3.3.3. Threat of substitutes

3.3.4. Threat of new entrants

3.3.5. Intensity of rivalry

3.4. Market dynamics

3.4.1. Drivers

3.4.1.1. Growth of the construction industry

3.4.1.2. Growth of the automotive industry

3.4.1.3. Advantages of welding

3.4.2. Restraints

3.4.2.1. Requirement of skilled labor

3.4.3. Opportunities

3.4.3.1. Advancements in technology

3.5. COVID-19 Impact Analysis on the market

4.1. Overview

4.1.1. Market size and forecast

4.2. Arc welding

4.2.1. Key market trends, growth factors and opportunities

4.2.2. Market size and forecast, by region

4.2.3. Market share analysis by country

4.3. Resistance spot welding

4.3.1. Key market trends, growth factors and opportunities

4.3.2. Market size and forecast, by region

4.3.3. Market share analysis by country

4.4. Other

4.4.1. Key market trends, growth factors and opportunities

4.4.2. Market size and forecast, by region

4.4.3. Market share analysis by country

5.1. Overview

5.1.1. Market size and forecast

5.2. Automatic

5.2.1. Key market trends, growth factors and opportunities

5.2.2. Market size and forecast, by region

5.2.3. Market share analysis by country

5.3. Manual

5.3.1. Key market trends, growth factors and opportunities

5.3.2. Market size and forecast, by region

5.3.3. Market share analysis by country

6.1. Overview

6.1.1. Market size and forecast

6.2. Automotive

6.2.1. Key market trends, growth factors and opportunities

6.2.2. Market size and forecast, by region

6.2.3. Market share analysis by country

6.3. Construction

6.3.1. Key market trends, growth factors and opportunities

6.3.2. Market size and forecast, by region

6.3.3. Market share analysis by country

6.4. Heavy engineering

6.4.1. Key market trends, growth factors and opportunities

6.4.2. Market size and forecast, by region

6.4.3. Market share analysis by country

6.5. Other

6.5.1. Key market trends, growth factors and opportunities

6.5.2. Market size and forecast, by region

6.5.3. Market share analysis by country

7.1. Overview

7.1.1. Market size and forecast By Region

7.2. North America

7.2.1. Key trends and opportunities

7.2.2. Market size and forecast, by Type

7.2.3. Market size and forecast, by Technology

7.2.4. Market size and forecast, by End user industry

7.2.5. Market size and forecast, by country

7.2.5.1. U.S.

7.2.5.1.1. Key market trends, growth factors and opportunities

7.2.5.1.2. Market size and forecast, by Type

7.2.5.1.3. Market size and forecast, by Technology

7.2.5.1.4. Market size and forecast, by End user industry

7.2.5.2. Canada

7.2.5.2.1. Key market trends, growth factors and opportunities

7.2.5.2.2. Market size and forecast, by Type

7.2.5.2.3. Market size and forecast, by Technology

7.2.5.2.4. Market size and forecast, by End user industry

7.2.5.3. Mexico

7.2.5.3.1. Key market trends, growth factors and opportunities

7.2.5.3.2. Market size and forecast, by Type

7.2.5.3.3. Market size and forecast, by Technology

7.2.5.3.4. Market size and forecast, by End user industry

7.3. Europe

7.3.1. Key trends and opportunities

7.3.2. Market size and forecast, by Type

7.3.3. Market size and forecast, by Technology

7.3.4. Market size and forecast, by End user industry

7.3.5. Market size and forecast, by country

7.3.5.1. Germany

7.3.5.1.1. Key market trends, growth factors and opportunities

7.3.5.1.2. Market size and forecast, by Type

7.3.5.1.3. Market size and forecast, by Technology

7.3.5.1.4. Market size and forecast, by End user industry

7.3.5.2. France

7.3.5.2.1. Key market trends, growth factors and opportunities

7.3.5.2.2. Market size and forecast, by Type

7.3.5.2.3. Market size and forecast, by Technology

7.3.5.2.4. Market size and forecast, by End user industry

7.3.5.3. Italy

7.3.5.3.1. Key market trends, growth factors and opportunities

7.3.5.3.2. Market size and forecast, by Type

7.3.5.3.3. Market size and forecast, by Technology

7.3.5.3.4. Market size and forecast, by End user industry

7.3.5.4. UK

7.3.5.4.1. Key market trends, growth factors and opportunities

7.3.5.4.2. Market size and forecast, by Type

7.3.5.4.3. Market size and forecast, by Technology

7.3.5.4.4. Market size and forecast, by End user industry

7.3.5.5. Rest of Europe

7.3.5.5.1. Key market trends, growth factors and opportunities

7.3.5.5.2. Market size and forecast, by Type

7.3.5.5.3. Market size and forecast, by Technology

7.3.5.5.4. Market size and forecast, by End user industry

7.4. Asia-Pacific

7.4.1. Key trends and opportunities

7.4.2. Market size and forecast, by Type

7.4.3. Market size and forecast, by Technology

7.4.4. Market size and forecast, by End user industry

7.4.5. Market size and forecast, by country

7.4.5.1. China

7.4.5.1.1. Key market trends, growth factors and opportunities

7.4.5.1.2. Market size and forecast, by Type

7.4.5.1.3. Market size and forecast, by Technology

7.4.5.1.4. Market size and forecast, by End user industry

7.4.5.2. Japan

7.4.5.2.1. Key market trends, growth factors and opportunities

7.4.5.2.2. Market size and forecast, by Type

7.4.5.2.3. Market size and forecast, by Technology

7.4.5.2.4. Market size and forecast, by End user industry

7.4.5.3. India

7.4.5.3.1. Key market trends, growth factors and opportunities

7.4.5.3.2. Market size and forecast, by Type

7.4.5.3.3. Market size and forecast, by Technology

7.4.5.3.4. Market size and forecast, by End user industry

7.4.5.4. South Korea

7.4.5.4.1. Key market trends, growth factors and opportunities

7.4.5.4.2. Market size and forecast, by Type

7.4.5.4.3. Market size and forecast, by Technology

7.4.5.4.4. Market size and forecast, by End user industry

7.4.5.5. Rest of Asia-Pacific

7.4.5.5.1. Key market trends, growth factors and opportunities

7.4.5.5.2. Market size and forecast, by Type

7.4.5.5.3. Market size and forecast, by Technology

7.4.5.5.4. Market size and forecast, by End user industry

7.5. LAMEA

7.5.1. Key trends and opportunities

7.5.2. Market size and forecast, by Type

7.5.3. Market size and forecast, by Technology

7.5.4. Market size and forecast, by End user industry

7.5.5. Market size and forecast, by country

7.5.5.1. Latin America

7.5.5.1.1. Key market trends, growth factors and opportunities

7.5.5.1.2. Market size and forecast, by Type

7.5.5.1.3. Market size and forecast, by Technology

7.5.5.1.4. Market size and forecast, by End user industry

7.5.5.2. Middle East

7.5.5.2.1. Key market trends, growth factors and opportunities

7.5.5.2.2. Market size and forecast, by Type

7.5.5.2.3. Market size and forecast, by Technology

7.5.5.2.4. Market size and forecast, by End user industry

7.5.5.3. Africa

7.5.5.3.1. Key market trends, growth factors and opportunities

7.5.5.3.2. Market size and forecast, by Type

7.5.5.3.3. Market size and forecast, by Technology

7.5.5.3.4. Market size and forecast, by End user industry

8.1. Introduction

8.2. Top winning strategies

8.3. Product Mapping of Top 10 Player

8.4. Competitive Dashboard

8.5. Competitive Heatmap

8.6. Top player positioning, 2021

9.1. ACRO Automation Systems, Inc.

9.1.1. Company overview

9.1.2. Key Executives

9.1.3. Company snapshot

9.1.4. Operating business segments

9.1.5. Product portfolio

9.1.6. Business performance

9.2. Carl Cloos Schweisstechnik GmbH

9.2.1. Company overview

9.2.2. Key Executives

9.2.3. Company snapshot

9.2.4. Operating business segments

9.2.5. Product portfolio

9.3. Coherent, Inc.

9.3.1. Company overview

9.3.2. Key Executives

9.3.3. Company snapshot

9.3.4. Operating business segments

9.3.5. Product portfolio

9.3.6. Business performance

9.3.7. Key strategic moves and developments

9.4. Cruxweld Industrial Equipments Pvt. Ltd.

9.4.1. Company overview

9.4.2. Key Executives

9.4.3. Company snapshot

9.4.4. Operating business segments

9.4.5. Product portfolio

9.5. ESAB

9.5.1. Company overview

9.5.2. Key Executives

9.5.3. Company snapshot

9.5.4. Operating business segments

9.5.5. Product portfolio

9.5.6. Business performance

9.6. Fanuc

9.6.1. Company overview

9.6.2. Key Executives

9.6.3. Company snapshot

9.6.4. Operating business segments

9.6.5. Product portfolio

9.6.6. Business performance

9.7. Illinois Tool Works Inc.

9.7.1. Company overview

9.7.2. Key Executives

9.7.3. Company snapshot

9.7.4. Operating business segments

9.7.5. Product portfolio

9.7.6. Business performance

9.8. kemppi Oy

9.8.1. Company overview

9.8.2. Key Executives

9.8.3. Company snapshot

9.8.4. Operating business segments

9.8.5. Product portfolio

9.8.6. Key strategic moves and developments

9.9. The Lincoln Electric Company

9.9.1. Company overview

9.9.2. Key Executives

9.9.3. Company snapshot

9.9.4. Operating business segments

9.9.5. Product portfolio

9.9.6. Business performance

9.10. Panasonic Industry Co., Ltd.

9.10.1. Company overview

9.10.2. Key Executives

9.10.3. Company snapshot

9.10.4. Operating business segments

9.10.5. Product portfolio

9.10.6. Business performanc

LIST OF TABLES

TABLE 01. GLOBAL WELDING EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 02. WELDING EQUIPMENT MARKET FOR ARC WELDING, BY REGION, 2021-2031 ($MILLION)

TABLE 03. WELDING EQUIPMENT MARKET FOR RESISTANCE SPOT WELDING, BY REGION, 2021-2031 ($MILLION)

TABLE 04. WELDING EQUIPMENT MARKET FOR OTHER, BY REGION, 2021-2031 ($MILLION)

TABLE 05. GLOBAL WELDING EQUIPMENT MARKET, BY TECHNOLOGY, 2021-2031 ($MILLION)

TABLE 06. WELDING EQUIPMENT MARKET FOR AUTOMATIC, BY REGION, 2021-2031 ($MILLION)

TABLE 07. WELDING EQUIPMENT MARKET FOR MANUAL, BY REGION, 2021-2031 ($MILLION)

TABLE 08. GLOBAL WELDING EQUIPMENT MARKET, BY END USER INDUSTRY, 2021-2031 ($MILLION)

TABLE 09. WELDING EQUIPMENT MARKET FOR AUTOMOTIVE, BY REGION, 2021-2031 ($MILLION)

TABLE 10. WELDING EQUIPMENT MARKET FOR CONSTRUCTION, BY REGION, 2021-2031 ($MILLION)

TABLE 11. WELDING EQUIPMENT MARKET FOR HEAVY ENGINEERING, BY REGION, 2021-2031 ($MILLION)

TABLE 12. WELDING EQUIPMENT MARKET FOR OTHER, BY REGION, 2021-2031 ($MILLION)

TABLE 13. WELDING EQUIPMENT MARKET, BY REGION, 2021-2031 ($MILLION)

TABLE 14. NORTH AMERICA WELDING EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 15. NORTH AMERICA WELDING EQUIPMENT MARKET, BY TECHNOLOGY, 2021-2031 ($MILLION)

TABLE 16. NORTH AMERICA WELDING EQUIPMENT MARKET, BY END USER INDUSTRY, 2021-2031 ($MILLION)

TABLE 17. NORTH AMERICA WELDING EQUIPMENT MARKET, BY COUNTRY, 2021-2031 ($MILLION)

TABLE 18. U.S. WELDING EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 19. U.S. WELDING EQUIPMENT MARKET, BY TECHNOLOGY, 2021-2031 ($MILLION)

TABLE 20. U.S. WELDING EQUIPMENT MARKET, BY END USER INDUSTRY, 2021-2031 ($MILLION)

TABLE 21. CANADA WELDING EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 22. CANADA WELDING EQUIPMENT MARKET, BY TECHNOLOGY, 2021-2031 ($MILLION)

TABLE 23. CANADA WELDING EQUIPMENT MARKET, BY END USER INDUSTRY, 2021-2031 ($MILLION)

TABLE 24. MEXICO WELDING EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 25. MEXICO WELDING EQUIPMENT MARKET, BY TECHNOLOGY, 2021-2031 ($MILLION)

TABLE 26. MEXICO WELDING EQUIPMENT MARKET, BY END USER INDUSTRY, 2021-2031 ($MILLION)

TABLE 27. EUROPE WELDING EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 28. EUROPE WELDING EQUIPMENT MARKET, BY TECHNOLOGY, 2021-2031 ($MILLION)

TABLE 29. EUROPE WELDING EQUIPMENT MARKET, BY END USER INDUSTRY, 2021-2031 ($MILLION)

TABLE 30. EUROPE WELDING EQUIPMENT MARKET, BY COUNTRY, 2021-2031 ($MILLION)

TABLE 31. GERMANY WELDING EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 32. GERMANY WELDING EQUIPMENT MARKET, BY TECHNOLOGY, 2021-2031 ($MILLION)

TABLE 33. GERMANY WELDING EQUIPMENT MARKET, BY END USER INDUSTRY, 2021-2031 ($MILLION)

TABLE 34. FRANCE WELDING EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 35. FRANCE WELDING EQUIPMENT MARKET, BY TECHNOLOGY, 2021-2031 ($MILLION)

TABLE 36. FRANCE WELDING EQUIPMENT MARKET, BY END USER INDUSTRY, 2021-2031 ($MILLION)

TABLE 37. ITALY WELDING EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 38. ITALY WELDING EQUIPMENT MARKET, BY TECHNOLOGY, 2021-2031 ($MILLION)

TABLE 39. ITALY WELDING EQUIPMENT MARKET, BY END USER INDUSTRY, 2021-2031 ($MILLION)

TABLE 40. UK WELDING EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 41. UK WELDING EQUIPMENT MARKET, BY TECHNOLOGY, 2021-2031 ($MILLION)

TABLE 42. UK WELDING EQUIPMENT MARKET, BY END USER INDUSTRY, 2021-2031 ($MILLION)

TABLE 43. REST OF EUROPE WELDING EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 44. REST OF EUROPE WELDING EQUIPMENT MARKET, BY TECHNOLOGY, 2021-2031 ($MILLION)

TABLE 45. REST OF EUROPE WELDING EQUIPMENT MARKET, BY END USER INDUSTRY, 2021-2031 ($MILLION)

TABLE 46. ASIA-PACIFIC WELDING EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 47. ASIA-PACIFIC WELDING EQUIPMENT MARKET, BY TECHNOLOGY, 2021-2031 ($MILLION)

TABLE 48. ASIA-PACIFIC WELDING EQUIPMENT MARKET, BY END USER INDUSTRY, 2021-2031 ($MILLION)

TABLE 49. ASIA-PACIFIC WELDING EQUIPMENT MARKET, BY COUNTRY, 2021-2031 ($MILLION)

TABLE 50. CHINA WELDING EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 51. CHINA WELDING EQUIPMENT MARKET, BY TECHNOLOGY, 2021-2031 ($MILLION)

TABLE 52. CHINA WELDING EQUIPMENT MARKET, BY END USER INDUSTRY, 2021-2031 ($MILLION)

TABLE 53. JAPAN WELDING EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 54. JAPAN WELDING EQUIPMENT MARKET, BY TECHNOLOGY, 2021-2031 ($MILLION)

TABLE 55. JAPAN WELDING EQUIPMENT MARKET, BY END USER INDUSTRY, 2021-2031 ($MILLION)

TABLE 56. INDIA WELDING EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 57. INDIA WELDING EQUIPMENT MARKET, BY TECHNOLOGY, 2021-2031 ($MILLION)

TABLE 58. INDIA WELDING EQUIPMENT MARKET, BY END USER INDUSTRY, 2021-2031 ($MILLION)

TABLE 59. SOUTH KOREA WELDING EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 60. SOUTH KOREA WELDING EQUIPMENT MARKET, BY TECHNOLOGY, 2021-2031 ($MILLION)

TABLE 61. SOUTH KOREA WELDING EQUIPMENT MARKET, BY END USER INDUSTRY, 2021-2031 ($MILLION)

TABLE 62. REST OF ASIA-PACIFIC WELDING EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 63. REST OF ASIA-PACIFIC WELDING EQUIPMENT MARKET, BY TECHNOLOGY, 2021-2031 ($MILLION)

TABLE 64. REST OF ASIA-PACIFIC WELDING EQUIPMENT MARKET, BY END USER INDUSTRY, 2021-2031 ($MILLION)

TABLE 65. LAMEA WELDING EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 66. LAMEA WELDING EQUIPMENT MARKET, BY TECHNOLOGY, 2021-2031 ($MILLION)

TABLE 67. LAMEA WELDING EQUIPMENT MARKET, BY END USER INDUSTRY, 2021-2031 ($MILLION)

TABLE 68. LAMEA WELDING EQUIPMENT MARKET, BY COUNTRY, 2021-2031 ($MILLION)

TABLE 69. LATIN AMERICA WELDING EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 70. LATIN AMERICA WELDING EQUIPMENT MARKET, BY TECHNOLOGY, 2021-2031 ($MILLION)

TABLE 71. LATIN AMERICA WELDING EQUIPMENT MARKET, BY END USER INDUSTRY, 2021-2031 ($MILLION)

TABLE 72. MIDDLE EAST WELDING EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 73. MIDDLE EAST WELDING EQUIPMENT MARKET, BY TECHNOLOGY, 2021-2031 ($MILLION)

TABLE 74. MIDDLE EAST WELDING EQUIPMENT MARKET, BY END USER INDUSTRY, 2021-2031 ($MILLION)

TABLE 75. AFRICA WELDING EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 76. AFRICA WELDING EQUIPMENT MARKET, BY TECHNOLOGY, 2021-2031 ($MILLION)

TABLE 77. AFRICA WELDING EQUIPMENT MARKET, BY END USER INDUSTRY, 2021-2031 ($MILLION)

TABLE 78. ACRO AUTOMATION SYSTEMS, INC.: KEY EXECUTIVES

TABLE 79. ACRO AUTOMATION SYSTEMS, INC.: COMPANY SNAPSHOT

TABLE 80. ACRO AUTOMATION SYSTEMS, INC.: PRODUCT SEGMENTS

TABLE 81. ACRO AUTOMATION SYSTEMS, INC.: PRODUCT PORTFOLIO

TABLE 82. CARL CLOOS SCHWEISSTECHNIK GMBH: KEY EXECUTIVES

TABLE 83. CARL CLOOS SCHWEISSTECHNIK GMBH: COMPANY SNAPSHOT

TABLE 84. CARL CLOOS SCHWEISSTECHNIK GMBH: PRODUCT SEGMENTS

TABLE 85. CARL CLOOS SCHWEISSTECHNIK GMBH: PRODUCT PORTFOLIO

TABLE 86. COHERENT, INC.: KEY EXECUTIVES

TABLE 87. COHERENT, INC.: COMPANY SNAPSHOT

TABLE 88. COHERENT, INC.: PRODUCT SEGMENTS

TABLE 89. COHERENT, INC.: PRODUCT PORTFOLIO

TABLE 90. COHERENT, INC.: KEY STRATERGIES

TABLE 91. CRUXWELD INDUSTRIAL EQUIPMENTS PVT. LTD.: KEY EXECUTIVES

TABLE 92. CRUXWELD INDUSTRIAL EQUIPMENTS PVT. LTD.: COMPANY SNAPSHOT

TABLE 93. CRUXWELD INDUSTRIAL EQUIPMENTS PVT. LTD.: PRODUCT SEGMENTS

TABLE 94. CRUXWELD INDUSTRIAL EQUIPMENTS PVT. LTD.: PRODUCT PORTFOLIO

TABLE 95. ESAB: KEY EXECUTIVES

TABLE 96. ESAB: COMPANY SNAPSHOT

TABLE 97. ESAB: PRODUCT SEGMENTS

TABLE 98. ESAB: PRODUCT PORTFOLIO

TABLE 99. FANUC: KEY EXECUTIVES

TABLE 100. FANUC: COMPANY SNAPSHOT

TABLE 101. FANUC: PRODUCT SEGMENTS

TABLE 102. FANUC: PRODUCT PORTFOLIO

TABLE 103. ILLINOIS TOOL WORKS INC.: KEY EXECUTIVES

TABLE 104. ILLINOIS TOOL WORKS INC.: COMPANY SNAPSHOT

TABLE 105. ILLINOIS TOOL WORKS INC.: PRODUCT SEGMENTS

TABLE 106. ILLINOIS TOOL WORKS INC.: PRODUCT PORTFOLIO

TABLE 107. KEMPPI OY: KEY EXECUTIVES

TABLE 108. KEMPPI OY: COMPANY SNAPSHOT

TABLE 109. KEMPPI OY: PRODUCT SEGMENTS

TABLE 110. KEMPPI OY: PRODUCT PORTFOLIO

TABLE 111. KEMPPI OY: KEY STRATERGIES

TABLE 112. THE LINCOLN ELECTRIC COMPANY: KEY EXECUTIVES

TABLE 113. THE LINCOLN ELECTRIC COMPANY: COMPANY SNAPSHOT

TABLE 114. THE LINCOLN ELECTRIC COMPANY: PRODUCT SEGMENTS

TABLE 115. THE LINCOLN ELECTRIC COMPANY: PRODUCT PORTFOLIO

TABLE 116. PANASONIC INDUSTRY CO., LTD.: KEY EXECUTIVES

TABLE 117. PANASONIC INDUSTRY CO., LTD.: COMPANY SNAPSHOT

TABLE 118. PANASONIC INDUSTRY CO., LTD.: PRODUCT SEGMENTS

TABLE 119. PANASONIC INDUSTRY CO., LTD.: PRODUCT PORTFOLIO LIST OF FIGURES

FIGURE 01. WELDING EQUIPMENT MARKET, 2021-2031

FIGURE 02. SEGMENTATION OF WELDING EQUIPMENT MARKET, 2021-2031

FIGURE 03. TOP INVESTMENT POCKETS IN WELDING EQUIPMENT MARKET (2022-2031)

FIGURE 04. LOW BARGAINING POWER OF SUPPLIERS

FIGURE 05. LOW BARGAINING POWER OF BUYERS

FIGURE 06. LOW THREAT OF SUBSTITUTES

FIGURE 07. LOW THREAT OF NEW ENTRANTS

FIGURE 08. LOW INTENSITY OF RIVALRY

FIGURE 09. DRIVERS, RESTRAINTS AND OPPORTUNITIES: GLOBALWELDING EQUIPMENT MARKET

FIGURE 10. WELDING EQUIPMENT MARKET, BY TYPE, 2021(%)

FIGURE 11. COMPARATIVE SHARE ANALYSIS OF WELDING EQUIPMENT MARKET FOR ARC WELDING, BY COUNTRY 2021 AND 2031(%)

FIGURE 12. COMPARATIVE SHARE ANALYSIS OF WELDING EQUIPMENT MARKET FOR RESISTANCE SPOT WELDING, BY COUNTRY 2021 AND 2031(%)

FIGURE 13. COMPARATIVE SHARE ANALYSIS OF WELDING EQUIPMENT MARKET FOR OTHER, BY COUNTRY 2021 AND 2031(%)

FIGURE 14. WELDING EQUIPMENT MARKET, BY TECHNOLOGY, 2021(%)

FIGURE 15. COMPARATIVE SHARE ANALYSIS OF WELDING EQUIPMENT MARKET FOR AUTOMATIC, BY COUNTRY 2021 AND 2031(%)

FIGURE 16. COMPARATIVE SHARE ANALYSIS OF WELDING EQUIPMENT MARKET FOR MANUAL, BY COUNTRY 2021 AND 2031(%)

FIGURE 17. WELDING EQUIPMENT MARKET, BY END USER INDUSTRY, 2021(%)

FIGURE 18. COMPARATIVE SHARE ANALYSIS OF WELDING EQUIPMENT MARKET FOR AUTOMOTIVE, BY COUNTRY 2021 AND 2031(%)

FIGURE 19. COMPARATIVE SHARE ANALYSIS OF WELDING EQUIPMENT MARKET FOR CONSTRUCTION, BY COUNTRY 2021 AND 2031(%)

FIGURE 20. COMPARATIVE SHARE ANALYSIS OF WELDING EQUIPMENT MARKET FOR HEAVY ENGINEERING, BY COUNTRY 2021 AND 2031(%)

FIGURE 21. COMPARATIVE SHARE ANALYSIS OF WELDING EQUIPMENT MARKET FOR OTHER, BY COUNTRY 2021 AND 2031(%)

FIGURE 22. WELDING EQUIPMENT MARKET BY REGION, 2021

FIGURE 23. U.S. WELDING EQUIPMENT MARKET, 2021-2031 ($MILLION)

FIGURE 24. CANADA WELDING EQUIPMENT MARKET, 2021-2031 ($MILLION)

FIGURE 25. MEXICO WELDING EQUIPMENT MARKET, 2021-2031 ($MILLION)

FIGURE 26. GERMANY WELDING EQUIPMENT MARKET, 2021-2031 ($MILLION)

FIGURE 27. FRANCE WELDING EQUIPMENT MARKET, 2021-2031 ($MILLION)

FIGURE 28. ITALY WELDING EQUIPMENT MARKET, 2021-2031 ($MILLION)

FIGURE 29. UK WELDING EQUIPMENT MARKET, 2021-2031 ($MILLION)

FIGURE 30. REST OF EUROPE WELDING EQUIPMENT MARKET, 2021-2031 ($MILLION)

FIGURE 31. CHINA WELDING EQUIPMENT MARKET, 2021-2031 ($MILLION)

FIGURE 32. JAPAN WELDING EQUIPMENT MARKET, 2021-2031 ($MILLION)

FIGURE 33. INDIA WELDING EQUIPMENT MARKET, 2021-2031 ($MILLION)

FIGURE 34. SOUTH KOREA WELDING EQUIPMENT MARKET, 2021-2031 ($MILLION)

FIGURE 35. REST OF ASIA-PACIFIC WELDING EQUIPMENT MARKET, 2021-2031 ($MILLION)

FIGURE 36. LATIN AMERICA WELDING EQUIPMENT MARKET, 2021-2031 ($MILLION)

FIGURE 37. MIDDLE EAST WELDING EQUIPMENT MARKET, 2021-2031 ($MILLION)

FIGURE 38. AFRICA WELDING EQUIPMENT MARKET, 2021-2031 ($MILLION)

FIGURE 39. TOP WINNING STRATEGIES, BY YEAR

FIGURE 40. TOP WINNING STRATEGIES, BY DEVELOPMENT

FIGURE 41. TOP WINNING STRATEGIES, BY COMPANY

FIGURE 42. PRODUCT MAPPING OF TOP 10 PLAYERS

FIGURE 43. COMPETITIVE DASHBOARD

FIGURE 44. COMPETITIVE HEATMAP: WELDING EQUIPMENT MARKET

FIGURE 45. TOP PLAYER POSITIONING, 2021

FIGURE 46. ACRO AUTOMATION SYSTEMS, INC.: NET REVENUE, 2020-2022 ($MILLION)

FIGURE 47. ACRO AUTOMATION SYSTEMS, INC.: RESEARCH & DEVELOPMENT EXPENDITURE, 2020-2022 ($MILLION)

FIGURE 48. ACRO AUTOMATION SYSTEMS, INC.: REVENUE SHARE BY SEGMENT, 2022 (%)

FIGURE 49. ACRO AUTOMATION SYSTEMS, INC.: REVENUE SHARE BY REGION, 2022 (%)

FIGURE 50. COHERENT, INC.: NET REVENUE, 2020-2022 ($MILLION)

FIGURE 51. COHERENT, INC.: RESEARCH & DEVELOPMENT EXPENDITURE, 2020-2022 ($MILLION)

FIGURE 52. COHERENT, INC.: REVENUE SHARE BY SEGMENT, 2022 (%)

FIGURE 53. COHERENT, INC.: REVENUE SHARE BY SEGMENT, 2022 (%)

FIGURE 54. ESAB: NET REVENUE, 2020-2022 ($MILLION)

FIGURE 55. FANUC: NET REVENUE, 2020-2022 ($MILLION)

FIGURE 56. FANUC: RESEARCH & DEVELOPMENT EXPENDITURE, 2020-2022 ($MILLION)

FIGURE 57. FANUC: REVENUE SHARE BY SEGMENT, 2022 (%)

FIGURE 58. FANUC: REVENUE SHARE BY REGION, 2022 (%)

FIGURE 59. ILLINOIS TOOL WORKS INC.: NET REVENUE, 2019-2021 ($BILLION)

FIGURE 60. ILLINOIS TOOL WORKS INC.: REVENUE SHARE BY SEGMENT, 2021 (%)

FIGURE 61. ILLINOIS TOOL WORKS INC.: REVENUE SHARE BY REGION, 2021 (%)

FIGURE 62. THE LINCOLN ELECTRIC COMPANY: NET REVENUE, 2019-2021 ($MILLION)

FIGURE 63. THE LINCOLN ELECTRIC COMPANY: REVENUE SHARE BY SEGMENT, 2021 (%)

FIGURE 64. THE LINCOLN ELECTRIC COMPANY: REVENUE SHARE BY REGION, 2021 (%)

FIGURE 65. PANASONIC INDUSTRY CO., LTD.: NET REVENUE, 2020-2022 ($MILLION)

FIGURE 66. PANASONIC INDUSTRY CO., LTD.: RESEARCH & DEVELOPMENT EXPENDITURE, 2020-2022 ($MILLION)

FIGURE 67. PANASONIC INDUSTRY CO., LTD.: REVENUE SHARE BY REGION, 2022 (%)

FIGURE 68. PANASONIC INDUSTRY CO., LTD.: REVENUE SHARE BY SEGMENT, 2022 (%