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Global Welding Equipment Market 2016-2020

About the Welding Equipment Market

Welding technology is widely adopted in all small and large scale industries dealing with fabrication processes; it is also used for repairing and refurbishing metal products. Welding can be executed in all possible media, viz. air, space, and underwater. The process finds significant applications in automotive manufacturing; construction of residential, commercial, and industrial buildings; construction of bridges and other infrastructure; aerospace and defense; heavy machinery manufacturing; and all other fabrication industries or applications that require metal repairing.

Technavio’s analysts forecast the Global Welding Equipment Market to grow at a CAGR of 5% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the Global Welding Equipment Markefor 2016-2020. In order to arrive at the market size, we have considered the demand for welding equipment from various end-user industries in the global welding equipment market.

The market is divided into the following segments based on geography:

    AmericasAPACEMEA
Technavio's report, Global Welding Equipment Marke2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Colfax
  • Fronius
  • ITW
  • Lincoln Electric
Other prominent vendors
  • Air Products and Chemicals
  • American Torch Tip
  • Arc Machines
  • Carver Machine Works
  • Daihen
  • Doncasters Group
  • Hugong
  • Kobe Steel
  • Kokuho
  • NIMAK
  • Panasonic
  • Riland
  • Sonics and Materials
  • Telwin
  • Timewelder
  • Victor Gas Equipment
  • Aitel
  • Aotai Dianqi
  • Arcon
  • Charter International
  • Denyo
  • EWM
  • Kaierda
  • Koike
  • Manufacturing Technology
  • Obara
  • Praxair
  • Rofin-SAR
  • Taylor-Winfield Technologies
  • Tianjin Bridge Welding Materials
  • Tokyo Weld
Market driver
  • Emergence of friction stir welding technology in automotive sector
  • For a full, detailed list, view our report
Market challenge
  • Poor quality of welded products affecting demand
  • For a full, detailed list, view our report
Market trend
  • Redressal of growing gap in skilled workforce
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Welding Equipment Market 2016-2020

Technavio recognizes the following companies as the key players in the Global Welding Equipment Market: Colfax, Fronius, ITW, and Lincoln Electric.

Other Prominent Vendors in the market are: Air Products and Chemicals, American Torch Tip, Arc Machines, Carver Machine Works, Daihen, Doncasters Group, Hugong, Kobe Steel, Kokuho, NIMAK, Panasonic, Riland, Sonics and Materials, Telwin, Timewelder, Victor Gas Equipment, Aitel, Aotai Dianqi, Arcon, Charter International, Denyo, EWM, Kaierda, Koike, Manufacturing Technology, Obara, Praxair, Rofin-SAR, Taylor-Winfield Technologies, Tianjin Bridge Welding Materials, and Tokyo Weld.

Commenting on the report, an analyst from Technavio’s team said: “A key trend boosting market growth is the redressal of the growing gap in the skilled workforce. The global welding industry is expected to witness a massive shortfall of a skilled workforce. Technavio predicts that in the next five years, the US welding industry will experience a shortfall in the skilled workforce of approximately 400,000. This is an alarming situation that will impact the metal fabrication and manufacturing industry significantly. This has encouraged the development of new technologies to address the dearth of skilled welding equipment operators and cater to the demand of customers.”

According to the report, a key growth driver in the welding equipment market is the emergence of friction stir welding technology in the automotive sector. Friction-stir welding technology is a unique and innovative technique that uses frictional heat coupled with precisely controlled forging pressure to join two metals. This technique imparts high-integrity to the final product, and makes it defect-free. Mechanical distortions are eliminated as the entire operation takes place under a low operating temperature.

Further, the report states that one challenge that could impact the growth of this market is the poor quality of welded products affecting demand. "

Companies Mentioned

Colfax, Fronius, ITW, Lincoln Electric, Air Products and Chemicals, American Torch Tip, Arc Machines, Carver Machine Works, Daihen, Doncasters Group, Hugong, Kobe Steel, Kokuho, NIMAK, Panasonic, Riland, Sonics and Materials, Telwin, Timewelder, Victor Gas Equipment, Aitel, Aotai Dianqi, Arcon, Charter International, Denyo, EWM, Kaierda, Koike, Manufacturing Technology, Obara, Praxair, Rofin-SAR, Taylor-Winfield Technologies, Tianjin Bridge Welding Materials, Tokyo Weld.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Key countries in each region
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Classification of welding processes
      • Table Global welding equipment market: End-users
      • Table Global welding equipment market: End-users
      • Table Global welding equipment market: Geographic segmentation
      • Table Global welding equipment market: Geographic segmentation
  • Market landscape
    • Market size and forecast
      • Table Global welding equipment market 2015-2020 ($ billions)
      • Table Trends in automotive sector
      • Table Global aerospace and defense market revenue growth (%)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by end-user
    • Table Global welding equipment market: End-user segmentation 2015 and 2020
    • Global welding equipment market: Automotive sector
      • Table Global welding equipment market: Automotive sector 2015-2020 ($ billions)
      • Table Global automobile production 2010-2015 (millions of units)
      • Table Automotive production in China 2014-2015
      • Table Automotive production in Japan 2014-2015
      • Table Automotive production in US 2014-2015
      • Table Automotive production in South Korea 2014-2015
      • Table Automotive production in Thailand 2014-2015
    • Global welding equipment market: Construction sector
      • Table Global welding equipment market: Construction sector 2015-2020 ($ billions)
      • Table Average construction spending growth by country in APAC 2014-2019
      • Table Sector-wise growth in European construction sector 2013-2020 (%)
    • Global welding equipment market: Aerospace and defense sector
      • Table Global welding equipment market: Aerospace and defense sector 2015-2020 ($ billions)
      • Table New aircraft demand by region by 2034
      • Table New aircraft production by type by 2034
    • Global welding equipment market: Shipbuilding sector
      • Table Global welding equipment market: Shipbuilding sector 2015-2020 ($ billions)
      • Table New shipbuilding orders worldwide 2013-2014 (units)
  • Geographical segmentation
    • Table Global welding equipment market: Geographic segmentation 2015 and 2020
    • Welding equipment market in APAC
      • Table Welding equipment market in APAC 2015-2020 ($ billions)
      • Table Total car sales in India August 2014-August 2015
      • Table New airplanes required in China 2015-2034
    • Welding equipment market in the Americas
      • Table Welding equipment market in the Americas 2015-2020 ($ billions)
      • Table US automotive industry 2014-2015 (units)
    • Welding equipment market in EMEA
      • Table Welding equipment market in EMEA 2015-2020 ($ billions)
      • Table Key figures in automotive industry in Europe 2013
      • Table Aerospace and defense industry in Europe 2013 ($ billions)
      • Table Construction developments in Europe by market segments YoY 2015-2017 (%)
  • Market drivers
    • Emergence of friction stir welding technology in automotive sector
      • Table Friction-stir welding: Process overview
      • Table Friction stir welding applications in various car models
      • Table Global passenger vehicle sales 1990-2015 (millions of units)
    • Positive outlook of global construction sector
      • Table Various structural steel grades used for construction
      • Table Use of steel in building construction
      • Table Use of steel in infrastructure construction
      • Table Global steel consumption 2014 (MT)
      • Table Trends to will impact construction industry
    • Growing demand from wind energy sector
      • Table Component categories
      • Table Global cumulative and annual installed capacity 2015-2020 (GW)
      • Table Annual installed capacity by region 2014-2019 (GW)
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Shrinking skilled workforce in major steel consuming countries like India and US
    • Poor quality of welded products affecting demand
      • Table Terms of conformity in welding as per ISO 9000:2005
      • Table ISO 3834 standard: Quality requirements for fusion welding of metallic materials
    • Introduction of new welding technology leading to R&D expenses
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Redressal of growing gap in skilled workforce
    • Advent of new materials
      • Table Use of new material for welding in various sectors
      • Table New welding process and equipment
    • Competitive landscape driving new technologies
      • Table Key technologies
    • Emergence of laser welding equipment
      • Table Growth aspects: Global laser welding equipment market
      • Table Laser welding equipment market: Segmentation
  • Vendor landscape
    • Competitive landscape
      • Table Key vendors
    • Risks faced by the vendors
      • Table Major risks
      • Table Global composite stainless steel price ($/ton)
      • Table Non-ferrous metal price April 2016 ($/ton)
    • Other prominent vendors
  • Key vendor analysis
    • Colfax
      • Table Company offerings
    • Fronius
    • ITW
      • Table Miller products from ITW
    • Lincoln Electric
  • Appendix
    • List of abbreviations
  • Explore Technavio

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