The global Welding Equipment, Accessories & Consumables market is anticipated to reach USD 25.8 billion in 2021 growing at a CAGR of 4.5% during the forecasting period, 2021-2028.
Welding is a technology that is used to join two or more materials together, which are usually metal or thermoplastics by melting them and allowing them to cool together. Welding equipment like a welder, welding table, safety glass, welding clamps, measuring tools is used. Welding equipment is used to hold the parts to be joined together and accessories are used to protect the welder from the hazards of welding.
Due to increased demand from the end-user industry and the recent development in the steel sector are some of the factors that have supported long-term expansion for the Welding Equipment, Accessories & Consumables industry.
Global Welding Equipment, Accessories & Consumables market is segmented into Equipment, Accessory, Consumable, Technology, End-Use Industry, and geography.
Consumable segment is segmented into Electrodes & Filler Materials, Fluxes & Wires Gases
The technology segment is segmented into Arc Welding, Oxy-Fuel Welding
The end-User segment is segmented into Hospital and Ambulatory Surgical Centres
Geographically, the global Welding Equipment, Accessories & Consumables market is sub-segmented into North America, Europe, Asia-Pacific, the Middle East and Africa, and South America, and insights are provided for each region and major countries within the regions
Key players in the global Welding Equipment, Accessories & Consumables market are Lincoln Electric Holdings, Inc (US), Colfax Corporation (US), Illinois Tool Works Inc. (US), Kobe Steel Ltd (Japan), and Air Liquide S.A( France) among others.
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Report Feature |
Descriptions |
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Market Revenue In 2021 |
USD 25.8 billion |
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Growth Rate |
CAGR of 4.5% during the forecasting period, 2021-2028 |
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Historical Data |
2018-2019 |
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Forecast Years |
2021-2028 |
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Base Year |
2020 |
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Units Considered |
Revenue in USD billion and CAGR from 2021 to 2028 |
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Report Segmentation |
Equipment, Accessory, Consumable, Technology, End-Use Industry, and Geography |
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Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
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Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and the Middle East and Africa |
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Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
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Companies Profiled |
Lincoln Electric Holdings, Inc (US), Colfax Corporation (US), Illinois Tool Works Inc. (US), Kobe Steel Ltd (Japan), and Air Liquide S.A (France) |
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Available Customization |
In addition to the market data for Welding Equipment, Accessories & Consumables market, Delvens offers client-centric reports and customized according to the company’s specific demand and requirement. |
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