Global Welding Machinery Strategic Business Report 2023: Use of Collaborative Welding Systems and Adaptative Controls on the Rise

Dublin, March 02, 2023 (GLOBE NEWSWIRE) -- The "Welding Machinery: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Welding Machinery estimated at US$13 Billion in the year 2022, is projected to reach a revised size of US$22.8 Billion by 2030, growing at a CAGR of 7.3% over the analysis period 2022-2030.

Arc Welding, one of the segments analyzed in the report, is projected to record a 8.3% CAGR and reach US$9.1 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Oxy-Fuel Welding segment is readjusted to a revised 6.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $3.2 Billion, While China is Forecast to Grow at 9.6% CAGR

The Welding Machinery market in the U.S. is estimated at US$3.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.8 Billion by the year 2030 trailing a CAGR of 9.6% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.9% and 6.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.8% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$3.6 Billion by the year 2030.

Select Competitors (Total 382 Featured) -

• ACRO Automation Systems, Inc.
• Carl Cloos Schweisstechnik GmbH
• Coherent, Inc.
• Daihen Corporation
• Denyo Co., Ltd.
• ESAB
• Fronius International GmbH
• IDEAL-Werk
• IGM Robotersysteme AG
• Illinois Tool Works, Inc.
• Hobart Brothers LLC
• Miller Electric Mfg. LLC
• Kemppi Oy
• Kiefel GmbH
• Kobe Steel, Ltd.
• KUKA AG
• Manufacturing Technology, Inc.
• Panasonic Corporation
• Sonics & Materials, Inc.
• The Lincoln Electric Company
• Tianjin Bridge Welding Materials Group Co., Ltd.
• voestalpine Bohler Welding Group GmbH

What`s New for 2023?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year

Report Metrics:

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• The Race Between the Virus & Vaccines Intensifies. Amidst this Chaotic Battle, Where is the World Economy Headed?
• Progress on Vaccinations: Why Should Businesses Care?
• Welding Equipment Industry to Recuperate Losses after COVID-19 Setback
• Competitive Scenario
• Welding Machinery - Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
• An Introductory Prelude to Welding Machinery
• Global Market Prospects & Outlook
• Global Welding Machinery Market by End-Use Sector (2021E): Percentage Breakdown of Value Sales for Automotive, Building & Construction, Aerospace, Energy, Oil & Gas, Marine, and Other End-Uses
• Growth Drivers
• Select Product Segments: A Review
• Developed Nations Make Way for Emerging Markets
• Global Welding Machinery Market - Geographic Regions Ranked by % CAGR (Sales) for 2020-2027: China, Asia-Pacific, Latin America, Middle East, Africa, Canada, USA, Europe, and Japan
• Developed Regions Remain the Primary Revenue Contributors for World Welding Machinery Market - Percentage Breakdown of Sales for Developed Regions & Developing Regions (2021 & 2027P)
• Asian Markets: An Impregnable Turf for International Giants
• Anticipated STable Economic Scenario to Extend Growth Opportunities
• A Strong Yet Exceedingly Patchy & Uncertain Recovery Shaped by New Variants Comes Into Play: World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2023
• Welding Machinery: Product Overview
• Welding Machinery Industry: A Categorization
• Robotic Welding
• Recent Market Activity
• Select Global Brands

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Emerging Welding Technology Trends: Key Insights into 2022
• Diverse Challenges Encountered by Welding Companies & Relevant Answers
• Innovations Galore!
• SpeedCore System Emerges to Replace Reinforced Concrete Core System, PAUT Offers Advantages
• Select Latest Innovations
• Laser Welding: A Fast Emerging Trend
• Ample Room for Future Growth of Global Arc Welding Equipment Market
• Use of Collaborative Welding Systems and Adaptative Controls on the Rise
• Automated Welding Offers Significant Potential
• Robotic Welding Systems Offer Various Benefits
• Novarc Technologies' Collaborative Robot Powered by AI and Machine Vision Technologies to Improve Quality Consistency in Welding
• Deployment of Robotic Welding Systems based on Advanced Technologies to Become Easier in the Future
• John Deere in Association with Intel Develops a System with Machine Vison and Neural Network AI Algorithm for Improved Defect Detection
• Solid Wires Replacing Stick Electrodes
• Adhesives Reduce Need for Welding
• User Friendly Equipment: Order of the Day
• Rising Demand for Aluminum Welding Equipment
• Measures to Overcome Issues with Aluminum Welding
• Advances in TIG Welding Offer Growth Opportunities
• FCAW Gains Acceptance
• Hybrid Welding Technology to Drive Growth
• Plastics Welding Sidelines Metal Welding
• Maintenance & Repair Projects to Drive Demand
• Increased Emphasis on Improving Welding Process
• Favorable HSAW Pipes Market Signals Opportunities
• Steel Production & Consumption: Key Indicators of Welding Market Dynamics
• World Steel Consumption in Million Metric Tons: 2020-2027
• Hit by COVID-19 Outbreak, Steel Industry & Demand Speedily Returning to Normalcy: The Current Scenario
• Regional Recovery Scenario
• Healthy Prospects for Steel Industry in Developing Countries
• An Overview of End-Use Segments
• Construction Sector Remains Prominent Consumer
• World Construction Industry (in US$ Trillion) for the Years 2017, 2019 & 2022
• Global Value of Megacity Construction Projects (US$ Billion) in 2019
• Oil & Gas: Rise in Pipeline Projects Signals Growth Avenues for Welding Equipment
• Global Capital Spending (in $ Billion) on Planned & Announced Oil & Gas Projects by Segment (2018-2025)
• Pipeline Investments to Soar Post-Pandemic
• Number of Crude Oil Pipeline Worldwide by Project Status: 2020
• Number of Natural Gas Pipeline Worldwide by Project Status: 2020
• Changing Energy Mix Set to Influence Market Prospects
• Global Energy Demand & Growth (In Million Tonnes of Oil Equivalent (Mtoe)) for the Years 1990, 2000, 2010, 2020, 2030 and 2040
• Global Primary Energy Consumption by Source (in %) for 2018 and 2040
• Pipeline Operating Conditions Determine Welding Equipment Usage
• Welded Line Pipe Makes Inroads
• Pure Welds Achieved for Interiors of Crude Oil Pipes Using Oxygen Sensors
• Power Generation
• Global Electricity Generation in Billion kWh for the Years 2010, 2020, 2030, 2040 and 2050
• China and India Lead the Global Rise in Demand for Electricity: Change in Gross Electricity Demand in TWh for 2017-50
• Wind Energy
• Nuclear Power Plants
• Automotive Manufacturing
• World Automobile Production in Million Units: 2008-2022
• Railroad Industry
• Heavy Fabrication
• Shipbuilding
• New Welding Technologies Seek Role in Shipbuilding Programs
• ESAB's Welding Systems Equipped with WeldCloud
• Orbital Welding Systems for Precision Welds for Semiconductor and Biopharmaceutical Industries
• New Technology Improves Capabilities of Orbital Welding Systems for Improved Manufacturing

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/phfwlv

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• Global Market for Welding Machinery