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Welding Equipment and Consumables Market Share

Report ID: GMI2050
Published Date: Jun 2024
Report Format: PDF

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Welding Equipment and Consumables Market Share

The welding equipment and consumables industry is consolidated due to the presence of local and global players. In 2023, the players, such as Stanley Decker, Robert Bosch, Emerson Electric, Atlas Copco, Kemppi Oy, Fronius International GmbH and Panasonic Welding Systems Co., Ltd. collectively held around 10%-15% market share. These prominent players are proactively involved in strategic endeavors, such as mergers & acquisitions, facility expansions & collaborations, to expand their product portfolios, extend their reach to a broader customer base, and strengthen their market position.

Welding Equipment and Consumables Market Companies

Major players operating in the welding equipment and consumables industry are:

Stanley Decker
Robert Bosch
Emerson Electric
Atlas Copco
Kemppi Oy
Fronius International GmbH
Panasonic Welding Systems Co., Ltd.
Colfax Corporation
Air Liquide Welding
Obara Corporation
Daihen Corporation
Ador Welding Limited
voestalpine Böhler Welding GmbH
Kobe Steel, Ltd.
Arcon Welding Equipment

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market valuation of welding equipment and consumables was exceeded USD 13.4 billion in 2023 and is estimated to grow at 5% CAGR during 2024 to 2032, owing to rapid urbanization and growing construction.

The stick electrodes segment in the welding equipment and consumables market recorded USD 4.8 billion and is expected to reach USD 7.8 billion by 2032, as they are widely used in manual arc welding processes, such as Shielded Metal Arc Welding (SMAW) and Flux-Cored Arc Welding (FCAW).

North America welding equipment and consumables market size surpassed USD 2.7 billion in 2023 and is expected to reach USD 4.2 billion by 2032, attributed to the modernization and expansion of energy infrastructure.

Stanley Decker, Robert Bosch, Emerson Electric, Atlas Copco, Kemppi Oy, Fronius International GmbH, Panasonic Welding Systems Co., Ltd., Colfax Corporation, Air Liquide Welding, Obara Corporation, and Daihen Corporation.