Welding Equipment, Accessories & Consumables Market size was valued at US$ 27.08 Bn. in 2022 and the total revenue is expected to grow at 4.7% through 2023 to 2029, reaching nearly US$ 37.35 Bn.Welding Equipment, Accessories & Consumables Market Overview:
The Global Welding Equipment, Accessories & Consumables Market was valued at US$ 27.08 billion in 2022. Higher demand for welding goods is expected to drive the global welding equipment, accessories, and consumables market during the forecast period. Thanks to innovations and technological advances in the automotive industry to meet growing client demand. Welding consumables are in high demand in a variety of industries since it is the most efficient way to obtain dependable, precise, and cost-effective joints in the manufacturing industry. Furthermore, due to the rapid growth of fabrication and manufacturing industries in many countries, the usage of welding consumables has increased in recent years.To know about the Research Methodology :- Request Free Sample Report
COVID-19 impact on global welding equipment, accessories, and consumables market:
In welding equipment, accessories, and consumables market, several countries' factories were forced to close during the early stages of the epidemic as governments imposed severe lockdowns to prevent the virus from spreading. Manufacturers of welding equipment, accessories, and consumables were allowed to continue factory operations when the lockdown was removed and restrictions were eased, but only in a limited capacity and subject to a number of rules and regulations.Welding Equipment, Accessories & Consumables Market Dynamics:
Increasing aerospace industry: There is an increasing demand for welding consumables in the aerospace industry, which are used to connect parts such as tungsten gas shielded arc, plasma arc, and gas shielded metal arc on aircraft. Mainly used for the connection of metal-based composite materials and ceramics, ceramics and metals, nickel-based and titanium-based alloys. According to data from the International Trade Agency (ITA), China is the world's second-largest civil aviation and aviation services market in 2021, and one of the fastest-growing markets. New and advanced applications: Technologies such as laser welding and ultrasonic welding are being increasingly adopted, which in turn promotes the development of the welding market. These welding techniques are very efficient and have multiple advantages that make them suitable for many applications, which make them more and more popular in terminal industries where joint accuracy is important, such as electrical appliances, robotic equipment, and mobile automotive parts. The demand for welding products will be further promoted because it is the only connection technology that can be used in space and underwater. Welding plays an important role in the repair and maintenance of ships, pipelines, and offshore oil platforms. Underwater welding is also becoming an advantageous technology in marine applications. The market for welding equipment, accessories, and consumables is growing at a significant rate; however, high energy consumption, sensitivity to environmental conditions, improper selection, poor maintenance, high costs, and manufacturing difficulties are some of the main problems faced by some equipment. Problems related to the accuracy, drift, and sensitivity of welding equipment can only be resolved through proper and timely maintenance. These devices also need to be calibrated regularly in order for them to operate effectively.Welding Equipment, Accessories & Consumables Market Segment Analysis:
On the basis of equipment, the global welding equipment, accessories & consumables market is sub-segmented into Electrodes & Filler Metal Equipment, Oxy-fuel Gas Equipment, and Other Equipment. The electrodes & filler metal equipment segment held the largest share of xx% in 2022. Welding electrodes join two metals together. A current is passed through electrodes to connect two metal components together in arc welding. The electrode is either consumable or non-consumable, depending on the technique used. Consumable electrodes are necessary for gas metal arc welding or shielded metal arc welding, whereas non-consumable electrodes are required for welding metals with gas tungsten arc welding. Metals including mild steel, cast iron, and stainless steel are commonly used for stick welding. Stick welding is a manual arc welding procedure that uses flux-coated consumable electrodes to place the weld.On the basis of accessory, the global welding equipment, accessories & consumables market is sub-segmented into Protective Gear, Gas Manifolds, Flow Controllers, Gas Panels, Gas Flow Meters, Gas Regulators, Gas Cabinets, Gas Filters, and Check Valves. The gas filter segment held the largest market share of xx% in 2022. Gas filters remove dust and debris from the gas before allowing the filtered gas to pass through the equipment. Gas filters have this feature, which protects solenoids and guns used in welding equipment from harm. Due to increased demand from end-use industries, the need for gas filters is expected to grow. On the basis of technology, the global welding equipment, accessories & consumables market is sub-segmented into Arc Welding, Oxy-fuel Welding, Others. The Arc welding segment held the largest market share of xx% in 2022. The rising usage of arc welding in offshore infrastructure development operations, as well as the maintenance and repair of pipelines, process equipment, and nuclear facilities, can be related to the segment's growth. Over the forecast period, the demand for arc welding is expected to be driven by an increase in government attempts to increasing industrial facilities by promoting foreign investment in developing nations such as Myanmar, India, and Indonesia. Other factors that are likely to boost demand for arc welding technology include the low cost of arc welding equipment and the ease with which it can be transported. Furthermore, these devices create a better welding environment because they emit fewer welding fumes than conventional technologies. On the basis of end-user, the global welding equipment, accessories & consumables market is sub-segmented into Aerospace, Automotive, Building & Construction, Energy, Oil & Gas, Marine, Others. The automotive segment held the largest market share of xx% in 2021. The automotive industry's demand for tools and robotics is expected to grow as the global demand for cars continues to rise. As a result, demand for welding equipment is expected to grow over the forecast period. Robotics innovations have led to an increase in the usage of robots in the automotive sector for fusing operations. The numerous advantages of robots in terms of improving process efficiency, productivity, quality, and scrap reduction are expected to continue to increase their demand in the automotive industry, hence growing the automotive segment.
Welding Equipment, Accessories & Consumables Market Regional Insights:
The European market had the biggest revenue share, with market size of USD 3,405.2 million in 2022. Rising demand for a variety of welding equipment from the automotive, electronics, transportation, heavy machinery, and construction industries have fueled the region's growth. Furthermore, substantial advancements in the field of energy-efficient robotic equipment has benefited the European market in recent years, as some nations have imposed rigorous energy-efficiency laws on a variety of businesses. The Asia Pacific region held a high growth rate during the forecast period of 2023-2029, owing to increased foreign investment in the Asia Pacific region has resulted in a significant increase in projects in industries like aircraft, oil and gas, and heavy machinery. The regional market is likewise projected to be driven by this scenario.Recent development:
In December 2022, Lincoln Electric released a VRTEX OxyFuel Cutting feature in partnership with The Harris Products Group, a Lincoln Electric firm and the industry leader in cutting, that blends welding and cutting by allowing customers to practice torch cutting safely and realistically. The objective of the report is to present a comprehensive analysis of the global Welding Equipment, Accessories & Consumables market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global Welding Equipment, Accessories & Consumables market dynamics, structure by analyzing the market segments and projects the global Welding Equipment, Accessories & Consumables market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Welding Equipment, Accessories & Consumables market make the report investor’s guide.Welding Equipment, Accessories & Consumables Market Scope: Inquire before buying
Welding Equipment, Accessories & Consumables Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 27.08 Bn. Forecast Period 2023 to 2029 CAGR: 4.7% Market Size in 2029: US $ 37.35 Bn. Segments Covered: 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 Technology Arc Welding Oxy-fuel Welding Others by End-User Aerospace Automotive Building & Construction Energy Oil & Gas Marine Others Welding Equipment, Accessories & Consumables Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Welding Equipment, Accessories & Consumables Market Key Players are:
1. Lincoln Electric Holdings 2. Colfax Corporation 3. Illinois Tool Works Inc. 4. Kobe Steel Ltd 5. Air Liquide S.A 6. ACRO Automation Systems Inc. 7. ARCON Welding Equipment 8. Banner Welding Inc. 9. voestalpine Böhler 10.Carl Cloos Schweisstechnik 11.Daihen Corporation 12.Panasonic Industry Europe 13.Coherent-ROFIN. 14.Praxair 15.Emerson Electric Co. 16.Forward Sonic Tech Co. Ltd. 17.Herrmann Ultraschalltechnik 18.Kormax System Inc. 19.Nippon Avionics Co. Ltd. 20.Schunk GmbH 21.Sonics & Materials, Inc. 22.Sonobond Ultrasonics, Inc. 23.TECH-SONIC Inc. 24.Telsonic AGFrequently Asked Questions:
1. Which region has the largest share in Global Welding Equipment, Accessories & Consumables Market? Ans: Europe region holds the highest share in 2022. 2. What is the growth rate of Global Welding Equipment, Accessories & Consumables Market? Ans: The Global Welding Equipment, Accessories & Consumables Market is growing at a CAGR of 4.7% during forecasting period 2023-2029. 3. What segments are covered in Global Welding Equipment, Accessories & Consumables Market? Ans: Global Welding Equipment, Accessories & Consumables Market is segmented into equipment, accessory, technology, end-user and region. 4. Who are the key players in Global Welding Equipment, Accessories & Consumables Market? Ans: The important key players in the Global Welding Equipment, Accessories & Consumables Market are - Lincoln Electric Holdings, Inc , Colfax Corporation , Illinois Tool Works Inc. , Kobe Steel Ltd , and Air Liquide S.A, ACRO Automation Systems Inc.; ARCON Welding Equipment; Banner Welding Inc.; voestalpine Böhler Welding GmbH; Carl Cloos Schweisstechnik GmbH; Daihen Corporation; Panasonic Industry Europe GmbH; Coherent-ROFIN, Praxair, Emerson Electric Co., Forward Sonic Tech Co. Ltd., Sonobond Ultrasonics, Inc., TECH-SONIC Inc., Telsonic AG. 5. What is the study period of this market? Ans: The Global Welding Equipment, Accessories & Consumables Market is studied from 2022 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Welding Equipment, Accessories & Consumables Market Size, by Market Value (US$ Bn.) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2021 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Welding Equipment, Accessories & Consumables Market 3.4. Geographical Snapshot of the Welding Equipment, Accessories & Consumables Market, By Manufacturer share 4. Global Welding Equipment, Accessories & Consumables Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Welding Equipment, Accessories & Consumables Market 5. Supply Side and Demand Side Indicators 6. Global Welding Equipment, Accessories & Consumables Market Analysis and Forecast, 2022-2029 6.1. Global Welding Equipment, Accessories & Consumables Market Size & Y-o-Y Growth Analysis. 7. Global Welding Equipment, Accessories & Consumables Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Equipment, 2022-2029 7.1.1. Electrodes & Filler Metal Equipment 7.1.2. Oxy-fuel Gas Equipment 7.1.3. Other Equipment 7.2. Market Size (Value) Estimates & Forecast By Accessory, 2022-2029 7.2.1. Protective Gear 7.2.2. Gas Manifolds 7.2.3. Flow Controllers 7.2.4. Gas Panels 7.2.5. Gas Flow Meters 7.2.6. Gas Regulators 7.2.7. Gas Cabinets 7.2.8. Gas Filters 7.2.9. Check Valves 7.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 7.3.1. Arc Welding 7.3.2. Oxy-fuel Welding 7.3.3. Others 7.4. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 7.4.1. Aerospace 7.4.2. Automotive 7.4.3. Building & Construction 7.4.4. Energy 7.4.5. Oil & Gas 7.4.6. Marine 7.4.7. Others 8. Global Welding Equipment, Accessories & Consumables Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Welding Equipment, Accessories & Consumables Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Equipment, 2022-2029 9.1.1. Electrodes & Filler Metal Equipment 9.1.2. Oxy-fuel Gas Equipment 9.1.3. Other Equipment 9.2. Market Size (Value) Estimates & Forecast By Accessory, 2022-2029 9.2.1. Protective Gear 9.2.2. Gas Manifolds 9.2.3. Flow Controllers 9.2.4. Gas Panels 9.2.5. Gas Flow Meters 9.2.6. Gas Regulators 9.2.7. Gas Cabinets 9.2.8. Gas Filters 9.2.9. Check Valves 9.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 9.3.1. Arc Welding 9.3.2. Oxy-fuel Welding 9.3.3. Others 9.4. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 9.4.1. Aerospace 9.4.2. Automotive 9.4.3. Building & Construction 9.4.4. Energy 9.4.5. Oil & Gas 9.4.6. Marine 9.4.7. Others 10. North America Welding Equipment, Accessories & Consumables Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Welding Equipment, Accessories & Consumables Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Equipment, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Accessory, 2022-2029 11.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 11.4. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 12. Canada Welding Equipment, Accessories & Consumables Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Equipment, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Accessory, 2022-2029 12.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 12.4. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 13. Mexico Welding Equipment, Accessories & Consumables Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Equipment, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Accessory, 2022-2029 13.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 13.4. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 14. Europe Welding Equipment, Accessories & Consumables Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Equipment, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Accessory, 2022-2029 14.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 14.4. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 15. Europe Welding Equipment, Accessories & Consumables Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Welding Equipment, Accessories & Consumables Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Equipment, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Accessory, 2022-2029 16.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 16.4. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 17. France Welding Equipment, Accessories & Consumables Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Equipment, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Accessory, 2022-2029 17.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 17.4. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 18. Germany Welding Equipment, Accessories & Consumables Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Equipment, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Accessory, 2022-2029 18.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 18.4. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 19. Italy Welding Equipment, Accessories & Consumables Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Equipment, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Accessory, 2022-2029 19.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 19.4. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 20. Spain Welding Equipment, Accessories & Consumables Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Equipment, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Accessory, 2022-2029 20.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 20.4. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 21. Sweden Welding Equipment, Accessories & Consumables Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Equipment, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Accessory, 2022-2029 21.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 21.4. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 22. CIS Countries Welding Equipment, Accessories & Consumables Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Equipment, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Accessory, 2022-2029 22.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 22.4. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 23. Rest of Europe Welding Equipment, Accessories & Consumables Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Equipment, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Accessory, 2022-2029 23.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 23.4. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 24. Asia Pacific Welding Equipment, Accessories & Consumables Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Equipment, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Accessory, 2022-2029 24.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 24.4. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 25. Asia Pacific Welding Equipment, Accessories & Consumables Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Welding Equipment, Accessories & Consumables Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Equipment, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Accessory, 2022-2029 26.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 26.4. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 27. India Welding Equipment, Accessories & Consumables Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Equipment, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Accessory, 2022-2029 27.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 27.4. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 28. Japan Welding Equipment, Accessories & Consumables Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Equipment, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Accessory, 2022-2029 28.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 28.4. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 29. South Korea Welding Equipment, Accessories & Consumables Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Equipment, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Accessory, 2022-2029 29.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 29.4. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 30. Australia Welding Equipment, Accessories & Consumables Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Equipment, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Accessory, 2022-2029 30.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 30.4. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 31. ASEAN Welding Equipment, Accessories & Consumables Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Equipment, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Accessory, 2022-2029 31.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 31.4. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 32. Rest of Asia Pacific Welding Equipment, Accessories & Consumables Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Equipment, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Accessory, 2022-2029 32.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 32.4. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 33. Middle East Africa Welding Equipment, Accessories & Consumables Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Equipment, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Accessory, 2022-2029 33.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 33.4. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 34. Middle East Africa Welding Equipment, Accessories & Consumables Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Welding Equipment, Accessories & Consumables Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Equipment, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Accessory, 2022-2029 35.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 35.4. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 36. GCC Countries Welding Equipment, Accessories & Consumables Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Equipment, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Accessory, 2022-2029 36.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 36.4. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 37. Egypt Welding Equipment, Accessories & Consumables Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Equipment, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Accessory, 2022-2029 37.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 37.4. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 38. Nigeria Welding Equipment, Accessories & Consumables Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Equipment, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Accessory, 2022-2029 38.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 38.4. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 39. Rest of ME&A Welding Equipment, Accessories & Consumables Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Equipment, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Accessory, 2022-2029 39.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 39.4. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 40. South America Welding Equipment, Accessories & Consumables Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Equipment, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Accessory, 2022-2029 40.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 40.4. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 41. South America Welding Equipment, Accessories & Consumables Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Welding Equipment, Accessories & Consumables Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Equipment, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Accessory, 2022-2029 42.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 42.4. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 43. Argentina Welding Equipment, Accessories & Consumables Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Equipment, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Accessory, 2022-2029 43.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 43.4. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 44. Rest of South America Welding Equipment, Accessories & Consumables Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Equipment, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Accessory, 2022-2029 44.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 44.4. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Welding Equipment, Accessories & Consumables Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Lincoln Electric Holdings 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Colfax Corporation 45.3.3. Illinois Tool Works Inc. 45.3.4. Kobe Steel Ltd 45.3.5. Air Liquide S.A 45.3.6. ACRO Automation Systems Inc. 45.3.7. ARCON Welding Equipment 45.3.8. Banner Welding Inc 45.3.9. voestalpine Böhler 45.3.10. Carl Cloos Schweisstechnik 45.3.11. Daihen Corporation 45.3.12. Panasonic Industry Europe 45.3.13. Coherent-ROFIN. 45.3.14. Praxair 45.3.15. Emerson Electric Co. 45.3.16. Forward Sonic Tech Co. Ltd. 45.3.17. Herrmann Ultraschalltechnik 45.3.18. Kormax System Inc. 45.3.19. Nippon Avionics Co. Ltd. 45.3.20. Schunk GmbH 45.3.21. Sonics & Materials, Inc. 45.3.22. Sonobond Ultrasonics, Inc. 45.3.23. TECH-SONIC Inc. 45.3.24. Telsonic AG 46. Primary Key Insights