Global Welding Equipment, Accessories & Consumables Market Size study, By Equipment (Electrodes & Filler Metal Equipment, Oxy-fuel Gas Equipment, Other Equipment), By Accessory (Protective Gear, Gas Manifolds, Flow Controllers, Gas Panels, Gas Flow Meters, Gas Regulators, Gas Cabinets, Gas Filters, Check Valves), By Consumables (Electrodes & Filler Materials, Gases, Fluxes & Wires), By Technology (Arc Welding, Oxy-fuel Welding, Others), By End Use Industry (General Fabrication, Power Generation, Automotive, Construction & Infrastructure, Heavy Fabrication, Shipbuilding, Maintenance & Repair, Offshore, Pipe Mill, Pipeline), and Regional Forecasts 2022-2028Global Welding Equipment, Accessories & Consumables Market is valued approximately USD 25.90 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 4.6% over the forecast period 2022-2028.

Welding is a production method that joins constituents, generally thermoplastics or metals by using high heat to melt the parts together and letting them cool, which causes fusion. The rising application of welding across various industries such as construction & infrastructure, power generation, general fabrication, maintenance & repair, heavy fabrication, and many others is propelling the market demnad. The exponential growth of the steel industry, innovations and technological advancements, growing needs for the automotive are spurring market demand across the globe. For instance, according to the IBEF, in 2021, the production of crude steel and finished steel was accounted for 102.49 million tons and 94.66 million tons, respectively, and likely to reach 112-114 million tons with a rise of 8-9% respectively by the end of 2022. However, the unavailability of skilled labor and high labor cost impedes the growth of the market over the forecast period of 2022-2028. Also, the development of wind energy infrastructure is anticipated to act as a catalyzing factor for the market demand during the forecast period.

The key regions considered for the Global Welding Equipment, Accessories & Consumables Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Europe is the leading region across the world in terms of market share owing to the increasing demand for the heavy machinery, automotive, electronics, transportation, and construction industries, and rapid development in the field of energy-efficient robotic equipment. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as emerging economies, imposition of favorable investment policies, growing needs for welding consumables, and inclination towards urbanization would create lucrative growth prospects for the Welding Equipment, Accessories & Consumables market across the Asia-Pacific region.

Major market players included in this report are:
Colfax corporations
Lincoln Electric
Illinois Tool Works
Air Liquide
Linde group
GCE holding
Fronius international
CSR
Messer group
Matheson tri-gas

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Equipment
Electrodes & Filler Metal Equipment
Oxy-fuel Gas Equipment
Other Equipment
By Accessory
Protective Gear
Gas Manifolds
Flow Controllers
Gas Panels
Gas Flow Meters
Gas Regulators
Gas Cabinets
Gas Filters
Check Valves
By Consumables
Electrodes & Filler Materials
Gases
Fluxes & Wires
By Technology
Arc Welding
Oxy-fuel Welding
Others
By End Use Industry
General Fabrication
Power Generation
Automotive
Construction & Infrastructure
Heavy Fabrication
Shipbuilding
Maintenance & Repair
Offshore
Pipe Mill
Pipeline
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028

Target Audience of the Global Welding Equipment, Accessories & Consumables Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors



Companies Mentioned

Colfax corporations
Lincoln Electric
Illinois Tool Works
Air Liquide
Linde group
GCE holding
Fronius international
CSR
Messer group
Matheson tri-gas