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Arc Welding Equipment Market Share

Report ID: GMI10715
Published Date: Aug 2024
Report Format: PDF

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Arc Welding Equipment Market Share

Daihen Corporation, a Japanese manufacturer, is a prominent contender in the arc welding equipment industry and holds a market share of over 14%. It offers high-quality welding equipment and solutions. The company provides a wide range of arc welding machines, including AC and DC arc welding equipment, as well as robotic welding systems. Daihen's products are used in automotive manufacturing, electronics, and heavy machinery industries. With a strong focus on technological advancements, it continues to innovate in welding technologies, aiming to enhance productivity and operational efficiency for its global customer base.

Lincoln Electric Holdings, Inc. is a prominent player in the arc welding equipment market, known for its comprehensive range of welding solutions and cutting-edge technologies. The company offers a variety of arc welding equipment, including both AC and DC arc welding machines as well as advanced robotic welding systems. Its equipment is widely used across industries such as automotive, construction, manufacturing, and oil & gas.

Arc Welding Equipment Market Companies

Major players operating in the arc welding equipment industry are:

Lincoln Electric Holdings, Inc.
Daihen Corporation
Miller Electric Mfg. LLC (part of ITW Welding)
Kemppi Oy
Fronius International GmbH
Panasonic Welding Systems Co., Ltd.
Obara Corporation

Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

The market size of arc welding equipment was crossed USD 4.3 billion in 2023 and is estimated to register over USD 6.5 CAGR between 2024 and 2032, owing to the increasing need for welding equipment in shipbuilding, offshore exploration, oil & gas, aerospace, automotive, construction, and energy.

The automotive end-user segment recorded over 33% share in 2023 due to the ongoing demand for efficient & high-quality welding solutions

North America arc welding equipment market accounted for over 38% share in 2023, driven by significant investments in infrastructure projects, such as roads, bridges, and commercial buildings.

Lincoln Electric Holdings, Inc., Daihen Corporation, Miller Electric Mfg. LLC (part of ITW Welding), Kemppi Oy, Fronius International GmbH, Panasonic Welding Systems Co., Ltd., Obara Corporation.