Welding Equipment Market By Technology (Arc Welding, Oxy-fuel Welding, Resistance Welding, Laser Beam Welding, and Others), By End User (Building & Construction, Automotive & Transportation, Marine sector, Oil & Gas, Aerospace & Defense, and Others), and By Region- Trends, Analysis and Forecast till 2030

Report Code: PMI210319 | Publish Date: April 2024 | No. of Pages: 163

Global Welding Equipment Market Market Size

The market for welding equipment was valued at US$12.91 billion in 2020 and is projected to grow at a compound annual growth rate (CAGR) of 6.1% to reach US$23.24 billion by 2030.

The heat produced by welding machines melts the metals, making joining them simple. Stick welding, also known as shielded metal arc welding, is a widely used welding technique. In addition to welding, many tools are utilized by welders; most employ an angle grinder to smooth out connections, clean metal surfaces, etc. Stick-Shielded Metal Arc Welding (SMAW), Flux-cored—Flux-cored Arc Welding (FCAW), MIG-Gas Metal Arc Welding (GMAW), and TIG-Gas Tungsten Arc Welding (GTAW) are the four primary forms of welding.  Welding is a dangerous operation in and of itself, so safety goggles, gloves, an auto darkening helmet, and a fire-resistant jacket are all necessary when doing it. The majority of sheet metal types, pressure vessel and steel structure manufacturing, the automobile industry, and the home improvement industry all use it.