Arc Welding Torch Market by Wear Parts (Gas Nozzles, Contact Tips, Electrodes), Cooling Type (Air-Cooled, Water-Cooled), End-Use Industries (Automotive, Construction, Power Generation), And Region - Global Forecast to 2029
The arc welding torch market size is projected to grow from USD 2.7 billion in 2024 and is projected to reach USD 3.5 Billion by 2029, at a CAGR of 4.7%. The global arc welding torch market has experienced significant growth, fueled by several factors, including the promising expansion of the steel industry. The increasing demand for steel, driven by growth in automotive, construction, and power generation industries, has directly contributed to the market's expansion. Arc welding, being a critical process in steel manufacturing and fabrication, has witnessed heightened demand for high-quality welding torches. These torches are essential for ensuring efficient and precise welding, meeting the stringent requirements of industries reliant on steel products. As a result, the global arc welding torch market has flourished, with manufacturers innovating to meet the evolving needs of various industries, further propelling market growth.
“The air-cooled segment is projected to register the highest CAGR during the forecast period.”
Air-cooled torches are set to lead in CAGR due to their simplicity and cost-effectiveness, omitting the need for additional water-cooling systems. They offer enhanced mobility and maneuverability, making them ideal for diverse welding scenarios. Advancements in technology have narrowed the performance gap with water-cooled torches, making them a preferred choice for welders prioritizing ease of use without compromising quality. Conversely, water-cooled torches, though offering superior heat dissipation, entail higher upfront and operational costs and may be less practical in resource-constrained environments.
“ The Contact tip segment is expected to hold the 2nd largest market share during the forecast period.”
The contact tips segment is anticipated to secure the second-largest position during the forecast period due to several factors. Firstly, the growing adoption of welding processes across various industries, including automotive, construction, and manufacturing, is driving the demand for contact tips. Additionally, technological advancements in welding equipment, leading to enhanced efficiency and performance of contact tips, further contribute to their market growth. Moreover, the increasing focus on infrastructure development projects globally is fueling the demand for welding solutions, consequently boosting the sales of contact tips. These factors collectively contribute to the projected significant market share of the contact tips segment in the coming years.
“Asia Pacific projected as the fastest growing arc welding torch market during the forecast period.”
Asia Pacific is the largest and fastest-growing market for arc welding torches. In the last five years, end-use industries such as automotive, construction, and power generation in the Asia Pacific region have witnessed significant developments, owing to which the demand for arc welding torches has also increased substantially. China continues to drive the global demand, owing to the increasing population and rapidly growing infrastructural development.
Extensive primary interviews were conducted to determine and verify the market size for several segments and sub-segments and the information gathered through secondary research.
The breakup of primary interviews is given below:
By Company Type - Tier 1 – 25%, Tier 2 – 42%, and Tier 3 – 33%
By Designation - C level – 20%, Director Level – 30%, and Others – 50%
By Region - North America – 24%, Europe – 24%, APAC – 44%, Middle East & Africa – 5%, and South America – 3%
Companies Covered: The Lincoln Electric Company (US), ESAB Corporation (US), Illinois Tool Works Inc. (US), Linde Plc (Ireland), Panasonic Corporation (Japan), Fronius International GmbH (Austria), ABICOR BINZEL (Germany), Kemppi Oy (Finland), Tokin Corporation (Japan), and Migatronic A/S (Denmark) and others are covered in the arc welding torch market.
Research Coverage
The market study covers the arc welding torch market across various segments. It aims at estimating the market size and the growth potential of this market across different segments based on cooling type, wear parts, end-use industry and region. The study also includes an in-depth competitive analysis of key players in the market, their company profiles, key observations related to their products and business offerings, recent developments undertaken by them, and key growth strategies adopted by them to improve their position in the arc welding torch market.
Key Benefits of Buying the Report
The report is expected to help the market leaders/new entrants in this market share the closest approximations of the revenue numbers of the overall arc welding torch market and its segments and sub-segments. This report is projected to help stakeholders understand the competitive landscape of the market, gain insights to improve the position of their businesses, and plan suitable go-to-market strategies. The report also aims to help stakeholders understand the pulse of the market and provides them with information on the key market drivers, challenges, and opportunities.
The report provides insights on the following pointers:
“The air-cooled segment is projected to register the highest CAGR during the forecast period.”
Air-cooled torches are set to lead in CAGR due to their simplicity and cost-effectiveness, omitting the need for additional water-cooling systems. They offer enhanced mobility and maneuverability, making them ideal for diverse welding scenarios. Advancements in technology have narrowed the performance gap with water-cooled torches, making them a preferred choice for welders prioritizing ease of use without compromising quality. Conversely, water-cooled torches, though offering superior heat dissipation, entail higher upfront and operational costs and may be less practical in resource-constrained environments.
“ The Contact tip segment is expected to hold the 2nd largest market share during the forecast period.”
The contact tips segment is anticipated to secure the second-largest position during the forecast period due to several factors. Firstly, the growing adoption of welding processes across various industries, including automotive, construction, and manufacturing, is driving the demand for contact tips. Additionally, technological advancements in welding equipment, leading to enhanced efficiency and performance of contact tips, further contribute to their market growth. Moreover, the increasing focus on infrastructure development projects globally is fueling the demand for welding solutions, consequently boosting the sales of contact tips. These factors collectively contribute to the projected significant market share of the contact tips segment in the coming years.
“Asia Pacific projected as the fastest growing arc welding torch market during the forecast period.”
Asia Pacific is the largest and fastest-growing market for arc welding torches. In the last five years, end-use industries such as automotive, construction, and power generation in the Asia Pacific region have witnessed significant developments, owing to which the demand for arc welding torches has also increased substantially. China continues to drive the global demand, owing to the increasing population and rapidly growing infrastructural development.
Extensive primary interviews were conducted to determine and verify the market size for several segments and sub-segments and the information gathered through secondary research.
The breakup of primary interviews is given below:
By Company Type - Tier 1 – 25%, Tier 2 – 42%, and Tier 3 – 33%
By Designation - C level – 20%, Director Level – 30%, and Others – 50%
By Region - North America – 24%, Europe – 24%, APAC – 44%, Middle East & Africa – 5%, and South America – 3%
Companies Covered: The Lincoln Electric Company (US), ESAB Corporation (US), Illinois Tool Works Inc. (US), Linde Plc (Ireland), Panasonic Corporation (Japan), Fronius International GmbH (Austria), ABICOR BINZEL (Germany), Kemppi Oy (Finland), Tokin Corporation (Japan), and Migatronic A/S (Denmark) and others are covered in the arc welding torch market.
Research Coverage
The market study covers the arc welding torch market across various segments. It aims at estimating the market size and the growth potential of this market across different segments based on cooling type, wear parts, end-use industry and region. The study also includes an in-depth competitive analysis of key players in the market, their company profiles, key observations related to their products and business offerings, recent developments undertaken by them, and key growth strategies adopted by them to improve their position in the arc welding torch market.
Key Benefits of Buying the Report
The report is expected to help the market leaders/new entrants in this market share the closest approximations of the revenue numbers of the overall arc welding torch market and its segments and sub-segments. This report is projected to help stakeholders understand the competitive landscape of the market, gain insights to improve the position of their businesses, and plan suitable go-to-market strategies. The report also aims to help stakeholders understand the pulse of the market and provides them with information on the key market drivers, challenges, and opportunities.
The report provides insights on the following pointers:
- Analysis of key drivers (Promising growth in steel industry, Growing population and rapid rate of urbanization, Increasing demand from end-use industries in emerging economies), restraints (Safety concerns associated with welding), opportunities (Development of lightweight and portable torches) influencing the growth of the arc welding torch market.
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the arc welding torch market
- Market Development: Comprehensive information about lucrative markets – the report analyses the arc welding torch market across varied regions
- Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the arc welding torch market
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like The Lincoln Electric Company (US), ESAB Corporation (US), Illinois Tool Works Inc. (US), Linde Plc (Ireland), Panasonic Corporation (Japan), Fronius International GmbH (Austria), ABICOR BINZEL (Germany), Kemppi Oy (Finland), Tokin Corporation (Japan), and Migatronic A/S (Denmark) are the top manufacturers covered in the arc welding torch market, and among others in the arc welding torch market. The report also helps stakeholders understand the pulse of the arc welding torch market and provides them with information on key market drivers, restraints, challenges, and opportunities.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS & EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKET SEGMENTATION
1.3.2 REGIONS COVERED
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 UNITS CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 1 ARC WELDING TORCH MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Key industry insights
2.1.2.3 Breakdown of primary interviews
2.2 MARKET SIZE ESTIMATION
FIGURE 2 MARKET SIZE ESTIMATION: ARC WELDING TORCH, BY VALUE
FIGURE 3 ARC WELDING TORCH MARKET, BY REGION
FIGURE 4 ARC WELDING TORCH MARKET: SUPPLY-SIDE ANALYSIS
FIGURE 5 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH
FIGURE 6 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH
2.3 DATA TRIANGULATION
FIGURE 7 ARC WELDING TORCH MARKET: DATA TRIANGULATION
2.3.1 RESEARCH ASSUMPTIONS
2.4 RESEARCH LIMITATIONS
2.4.1 RISK ASSESSMENT
TABLE 1 LIMITATIONS & ASSOCIATED RISKS
2.5 GROWTH RATE ASSUMPTIONS
2.6 IMPACT OF RECESSION
3 EXECUTIVE SUMMARY
FIGURE 8 ELECTRODES TO ACCOUNT FOR LARGEST SHARE OF OVERALL ARC WELDING TORCH MARKET
FIGURE 9 AIR-COOLED TORCHES TO DOMINATE ARC WELDING TORCH MARKET DURING FORECAST PERIOD
FIGURE 10 CONSTRUCTION SEGMENT TO BE FASTEST-GROWING END-USE INDUSTRY IN ARC WELDING TORCH MARKET
FIGURE 11 ASIA PACIFIC DOMINATED ARC WELDING TORCH MARKET IN 2023
4 PREMIUM INSIGHTS
4.1 OPPORTUNITIES FOR PLAYERS IN ARC WELDING TORCH MARKET
FIGURE 12 ASIA PACIFIC TO BE FASTEST-GROWING REGION IN ARC WELDING TORCH MARKET DURING FORECAST PERIOD
4.2 ARC WELDING TORCH MARKET GROWTH, BY WEAR PART
FIGURE 13 ELECTRODES SEGMENT TO LEAD ARC WELDING TORCH MARKET DURING FORECAST PERIOD
4.3 ARC WELDING TORCH MARKET, BY COOLING TYPE
FIGURE 14 AIR-COOLED TORCHES TO BE FASTEST-GROWING COOLING TYPE SEGMENT
4.4 ARC WELDING TORCH MARKET, BY END-USE INDUSTRY
FIGURE 15 CONSTRUCTION INDUSTRY TO BE LARGEST END-USE INDUSTRY SEGMENT OF OVERALL ARC WELDING TORCH MARKET DURING FORECAST PERIOD
4.5 ASIA PACIFIC: ARC WELDING TORCH MARKET, BY WEAR PART & COUNTRY
FIGURE 16 CHINA ACCOUNTED FOR LARGEST MARKET SHARE IN ASIA PACIFIC
4.6 ARC WELDING TORCH MARKET: MAJOR COUNTRIES
FIGURE 17 CHINA TO REGISTER HIGHEST GROWTH DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 18 ARC WELDING TORCH MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Promising growth in steel industry
FIGURE 19 GLOBAL CRUDE STEEL DEMAND, 2022 VS. 2024 (MILLION TONS)
5.2.1.2 Growing population and rapid rate of urbanization
TABLE 2 WORLD POPULATION AND URBANIZATION, BY REGION, 2021 VS. 2050 (MILLION)
TABLE 3 POPULATION GROWTH, BY REGION, 2022 VS. 2030 VS. 2050 (MILLION)
5.2.1.3 Increasing demand from end-use industries in emerging economies
FIGURE 20 GLOBAL MOTOR VEHICLE PRODUCTION (MILLION UNITS)
5.2.1.4 Industrial development in Middle East & Africa
5.2.2 RESTRAINTS
5.2.2.1 Safety concerns associated with welding
5.2.2.2 High maintenance cost of arc welding torches
5.2.3 OPPORTUNITIES
5.2.3.1 Development of lightweight and portable torches
5.2.3.2 Development of wind energy infrastructure
FIGURE 21 GLOBAL NEW WIND CAPACITY INSTALLATION (GW)
5.2.4 CHALLENGES
5.2.4.1 Shortage of skilled welders
6 INDUSTRY TRENDS
6.1 TRENDS & DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
FIGURE 22 REVENUE SHIFT FOR ARC WELDING TORCH MANUFACTURERS
6.2 PRICING ANALYSIS
FIGURE 23 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY WEAR PART
6.2.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY WEAR PART
TABLE 4 AVERAGE SELLING PRICE OF WEAR PARTS, BY KEY PLAYER, 2023 (USD/UNIT)
6.2.2 AVERAGE SELLING PRICE RANGE OF ARC WELDING TORCHES, BY REGION, 2022–2029
FIGURE 24 AVERAGE SELLING PRICE TREND OF ARC WELDING TORCHES, BY REGION (USD/UNIT)
6.2.3 AVERAGE SELLING PRICE TREND OF ARC WELDING TORCHES, BY REGION
TABLE 5 AVERAGE SELLING PRICE, BY REGION, 2022–2029 (USD/UNIT)
6.3 VALUE CHAIN ANALYSIS
6.3.1 RAW MATERIAL SUPPLIERS
6.3.2 RESEARCH AND PRODUCT DEVELOPMENT
6.3.3 PRODUCTION PROCESS & ASSEMBLY
6.3.4 DISTRIBUTORS
6.3.5 END-USE INDUSTRIES
6.4 ECOSYSTEM ANALYSIS
FIGURE 25 ECOSYSTEM/MARKET MAPPING
TABLE 6 ECOSYSTEM OF ARC WELDING TORCH MARKET
6.5 TECHNOLOGY ANALYSIS
6.5.1 KEY TECHNOLOGIES
6.5.1.1 Fume extraction technology
6.5.1.2 Robotic torches
6.5.1.3 Micro welding technology
6.5.1.4 Connectivity and IoT
6.5.1.5 Artificial intelligence and machine learning
6.5.2 COMPLEMENTARY TECHNOLOGIES
6.5.2.1 Advanced materials
6.5.2.2 Innovations in welding safety gear
6.5.2.3 Power source technology
6.6 PATENT ANALYSIS
6.6.1 INTRODUCTION
6.6.2 METHODOLOGY
6.6.3 PATENT ANALYSIS (2014–2023)
FIGURE 26 LIST OF MAJOR PATENTS FOR ARC WELDING TORCH MARKET (2014–2023)
TABLE 7 LIST OF PATENTS FOR ARC WELDING TORCHES
6.7 TRADE ANALYSIS
FIGURE 27 EXPORT SCENARIO: HS CODE 851590, PARTS OF MACHINES AND APPARATUS FOR SOLDERING OR WELDING OR FOR HOT SPRAYING OF METALS, METAL CARBIDES, OR CERMETS, 2013–2022 (USD BILLION)
FIGURE 28 IMPORT SCENARIO: HS CODE 851590, PARTS OF MACHINES AND APPARATUS FOR SOLDERING OR WELDING OR FOR HOT SPRAYING OF METALS, METAL CARBIDES, OR CERMETS, 2013–2022 (USD BILLION)
6.8 KEY CONFERENCES & EVENTS, 2024–2025
TABLE 8 DETAILED LIST OF CONFERENCES & EVENTS, 2024–2025
6.9 TARIFF & REGULATORY LANDSCAPE
6.9.1 TARIFFS AND REGULATIONS RELATED TO ARC WELDING TORCHES
TABLE 9 TARIFFS RELATED TO ARC WELDING TORCH MARKET
6.9.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 10 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 11 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 12 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
6.10 PORTER’S FIVE FORCES ANALYSIS
FIGURE 29 ARC WELDING TORCH MARKET: PORTER'S FIVE FORCES ANALYSIS
TABLE 13 ARC WELDING TORCH MARKET: PORTER’S FIVE FORCES ANALYSIS
6.10.1 THREAT OF NEW ENTRANTS
6.10.2 THREAT OF SUBSTITUTES
6.10.3 BARGAINING POWER OF SUPPLIERS
6.10.4 BARGAINING POWER OF BUYERS
6.10.5 INTENSITY OF COMPETITIVE RIVALRY
6.11 KEY STAKEHOLDERS & BUYING CRITERIA
6.11.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 30 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS
TABLE 14 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS
6.11.2 BUYING CRITERIA
FIGURE 31 KEY BUYING CRITERIA FOR ARC WELDING TORCH MARKET
TABLE 15 KEY BUYING CRITERIA FOR ARC WELDING TORCH INDUSTRY
6.12 CASE STUDY ANALYSIS
6.12.1 CASE STUDY 1: REVOLUTIONIZING WELDING EFFICIENCY IN JAPAN
6.12.2 CASE STUDY 2: AUTOMATING SUBARC WELDING FOR CAST IRON PIPES
6.12.3 CASE STUDY 3: MULTI-PROCESS ROBOTIC WELDING OF LARGE CONSTRUCTION EQUIPMENT
6.12.4 CASE STUDY 4: ENHANCING WELDING SHOP AIR QUALITY AND SAFETY WITH ADVANCED EXTRACTION TECHNOLOGY
6.13 MACROECONOMIC ANALYSIS
6.13.1 INTRODUCTION
6.13.2 GDP TRENDS AND FORECASTS
TABLE 16 WORLD GDP GROWTH PROJECTION, 2021–2028 (USD TRILLION)
6.13.3 CONSTRUCTION INDUSTRY AS PERCENTAGE OF GDP AND ITS IMPACT ON ARC WELDING TORCHES
TABLE 17 CONSTRUCTION AS PERCENTAGE OF GDP, BY KEY COUNTRY, 2021
6.13.4 GLOBAL AUTOMOBILE PRODUCTION AND GROWTH
TABLE 18 GLOBAL AUTOMOBILE PRODUCTION (UNIT) AND GROWTH, BY COUNTRY, 2021 VS. 2022
6.13.5 GLOBAL STEEL PRODUCTION (TOP 10 COUNTRIES)
FIGURE 32 TOP 10 STEEL PRODUCTION COUNTRIES, 2019–2023
6.13.6 GLOBAL STEEL CONSUMPTION (TOP 10 COUNTRIES)
FIGURE 33 TOP 10 STEEL CONSUMPTION COUNTRIES, 2022–2024
6.14 AUTOMOTIVE INDUSTRY INVESTMENT & FUNDING SCENARIO
FIGURE 34 INVESTOR DEALS & FUNDING IN AUTOMOTIVE SECTOR SOARED IN 2021
7 ARC WELDING TORCH MARKET, BY WEAR PART
7.1 INTRODUCTION
FIGURE 35 ELECTRODES SEGMENT TO DOMINATE ARC WELDING TORCH MARKET DURING FORECAST PERIOD
TABLE 19 ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 20 ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
7.2 GAS NOZZLES
7.2.1 GROWING EMPHASIS ON DURABILITY AND PRECISION TO BOOST DEMAND FOR GAS NOZZLES
7.3 CONTACT TIPS
7.3.1 GROWING DEMAND FOR HIGH-QUALITY CONTACT TIPS TO FAVOR MARKET GROWTH
7.4 ELECTRODES
7.4.1 TECHNOLOGICAL ADVANCEMENTS IN ELECTRODE MANUFACTURING TO SUPPORT MARKET GROWTH
7.5 OTHER WEAR PARTS
8 ARC WELDING TORCH MARKET, BY COOLING TYPE
8.1 INTRODUCTION
FIGURE 36 AIR-COOLED TORCHES SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
TABLE 21 ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 22 ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
8.2 AIR-COOLED TORCHES
8.2.1 DIVERSE RANGE OF AIR-COOLED TORCHES TO DRIVE MARKET GROWTH
8.3 WATER-COOLED TORCHES
8.3.1 CONTINUOUS ADVANCEMENTS IN COOLING TECHNOLOGIES TO BOOST DEMAND
9 ARC WELDING TORCH MARKET, BY END-USE INDUSTRY
9.1 INTRODUCTION
FIGURE 37 CONSTRUCTION SEGMENT TO REGISTER HIGHEST GROWTH RATE DURING FORECAST PERIOD
TABLE 23 ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 24 ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
9.2 AUTOMOTIVE
9.2.1 EXPANSION OF AUTOMOTIVE PRODUCTION FACILITIES TO DRIVE MARKET
9.3 CONSTRUCTION
9.3.1 GLOBAL INFRASTRUCTURE DEVELOPMENT AND URBAN EXPANSION TO SUPPORT GROWTH
9.4 SHIPBUILDING
9.4.1 INNOVATIONS IN SHIPBUILDING INDUSTRY TO BOOST MARKET
9.5 POWER GENERATION
9.5.1 INCREASING USE OF ORBITAL WELDING IN CONSTRUCTION OF PIPELINES AND TUBING SYSTEMS TO FAVOR MARKET GROWTH
9.6 OTHER END-USE INDUSTRIES
10 ARC WELDING TORCH MARKET, BY REGION
10.1 INTRODUCTION
FIGURE 38 CHINA TO RECORD HIGHEST GROWTH DURING FORECAST PERIOD
TABLE 25 ARC WELDING TORCH MARKET, BY REGION, 2022–2029 (USD MILLION)
TABLE 26 ARC WELDING TORCH MARKET, BY REGION, 2022–2029 (THOUSAND UNITS)
10.2 ASIA PACIFIC
10.2.1 ASIA PACIFIC: RECESSION IMPACT
FIGURE 39 ASIA PACIFIC: ARC WELDING TORCH MARKET SNAPSHOT
TABLE 27 ASIA PACIFIC: ARC WELDING TORCH MARKET, BY COUNTRY, 2022–2029 (USD MILLION)
TABLE 28 ASIA PACIFIC: ARC WELDING TORCH MARKET, BY COUNTRY, 2022–2029 (THOUSAND UNITS)
TABLE 29 ASIA PACIFIC: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 30 ASIA PACIFIC: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 31 ASIA PACIFIC: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 32 ASIA PACIFIC: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 33 ASIA PACIFIC: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 34 ASIA PACIFIC: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.2.2 CHINA
10.2.2.1 Growing government investment in urbanization and infrastructure projects to boost market growth
TABLE 35 CHINA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 36 CHINA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 37 CHINA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 38 CHINA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 39 CHINA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 40 CHINA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.2.3 JAPAN
10.2.3.1 Wind energy expansion in country to fuel demand for arc welding torches
TABLE 41 JAPAN: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 42 JAPAN: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 43 JAPAN: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 44 JAPAN: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 45 JAPAN: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 46 JAPAN: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.2.4 INDIA
10.2.4.1 Thriving automotive industry to support market growth
TABLE 47 INDIA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 48 INDIA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 49 INDIA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 50 INDIA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 51 INDIA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 52 INDIA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.2.5 INDONESIA
10.2.5.1 Growing government focus on increasing wind power generation to drive market
TABLE 53 INDONESIA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 54 INDONESIA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 55 INDONESIA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 56 INDONESIA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 57 INDONESIA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 58 INDONESIA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.2.6 REST OF ASIA PACIFIC
TABLE 59 REST OF ASIA PACIFIC: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 60 REST OF ASIA PACIFIC: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 61 REST OF ASIA PACIFIC: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 62 REST OF ASIA PACIFIC: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 63 REST OF ASIA PACIFIC: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 64 REST OF ASIA PACIFIC: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.3 NORTH AMERICA
10.3.1 NORTH AMERICA: RECESSION IMPACT
FIGURE 40 NORTH AMERICA: ARC WELDING TORCH MARKET SNAPSHOT
TABLE 65 NORTH AMERICA: ARC WELDING TORCH MARKET, BY COUNTRY, 2022–2029 (USD MILLION)
TABLE 66 NORTH AMERICA: ARC WELDING TORCH MARKET, BY COUNTRY, 2022–2029 (THOUSAND UNITS)
TABLE 67 NORTH AMERICA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 68 NORTH AMERICA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 69 NORTH AMERICA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 70 NORTH AMERICA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 71 NORTH AMERICA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 72 NORTH AMERICA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.3.2 US
10.3.2.1 Growing demand for welding equipment by automobile sector to favor market growth
TABLE 73 US: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 74 US: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 75 US: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 76 US: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 77 US: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 78 US: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.3.3 CANADA
10.3.3.1 Growing automotive sector to propel growth
TABLE 79 CANADA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 80 CANADA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 81 CANADA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 82 CANADA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 83 CANADA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 84 CANADA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.3.4 MEXICO
10.3.4.1 Government initiatives for investments in power sector to fuel growth
TABLE 85 MEXICO: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 86 MEXICO: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 87 MEXICO: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 88 MEXICO: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 89 MEXICO: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 90 MEXICO: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.4 EUROPE
TABLE 91 EUROPE: ARC WELDING TORCH MARKET, BY COUNTRY, 2022–2029 (USD MILLION)
TABLE 92 EUROPE: ARC WELDING TORCH MARKET, BY COUNTRY, 2022–2029 (THOUSAND UNITS)
TABLE 93 EUROPE: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 94 EUROPE: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 95 EUROPE: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 96 EUROPE: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 97 EUROPE: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 98 EUROPE: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.4.1 EUROPE: RECESSION IMPACT
10.4.2 GERMANY
10.4.2.1 Increased production of automobiles to drive demand for arc welding torches
TABLE 99 GERMANY: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 100 GERMANY: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 101 GERMANY: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 102 GERMANY: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 103 GERMANY: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 104 GERMANY: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.4.3 FRANCE
10.4.3.1 Increasing demand for arc welding from various end-use industries to drive market
TABLE 105 FRANCE: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 106 FRANCE: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 107 FRANCE: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 108 FRANCE: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 109 FRANCE: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 110 FRANCE: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.4.4 ITALY
10.4.4.1 Rising investments in construction industry to propel demand
TABLE 111 ITALY: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 112 ITALY: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 113 ITALY: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 114 ITALY: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 115 ITALY: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 116 ITALY: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.4.5 UK
10.4.5.1 Growing offshore wind capacities to impact arc welding torch industry
TABLE 117 UK: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 118 UK: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 119 UK: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 120 UK: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 121 UK: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 122 UK: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.4.6 SPAIN
10.4.6.1 Government investment in infrastructure and automotive industries to drive growth
TABLE 123 SPAIN: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 124 SPAIN: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 125 SPAIN: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 126 SPAIN: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 127 SPAIN: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 128 SPAIN: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.4.7 REST OF EUROPE
TABLE 129 REST OF EUROPE: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 130 REST OF EUROPE: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 131 REST OF EUROPE: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 132 REST OF EUROPE: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 133 REST OF EUROPE: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 134 REST OF EUROPE: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.5 MIDDLE EAST & AFRICA
10.5.1 MIDDLE EAST & AFRICA: RECESSION IMPACT
TABLE 135 MIDDLE EAST & AFRICA: ARC WELDING TORCH MARKET, BY COUNTRY, 2022–2029 (USD MILLION)
TABLE 136 MIDDLE EAST & AFRICA: ARC WELDING TORCH MARKET, BY COUNTRY, 2022–2029 (THOUSAND UNITS)
TABLE 137 MIDDLE EAST & AFRICA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 138 MIDDLE EAST & AFRICA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 139 MIDDLE EAST & AFRICA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 140 MIDDLE EAST & AFRICA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 141 MIDDLE EAST & AFRICA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 142 MIDDLE EAST & AFRICA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.5.2 GCC COUNTRIES
TABLE 143 GCC COUNTRIES: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 144 GCC COUNTRIES: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 145 GCC COUNTRIES: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 146 GCC COUNTRIES: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 147 GCC COUNTRIES: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 148 GCC COUNTRIES: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.5.2.1 Saudi Arabia
10.5.2.1.1 Saudi Vision 2030 to play pivotal role in driving market growth
TABLE 149 SAUDI ARABIA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 150 SAUDI ARABIA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 151 SAUDI ARABIA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 152 SAUDI ARABIA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 153 SAUDI ARABIA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 154 SAUDI ARABIA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.5.2.2 UAE
10.5.2.2.1 Smart and sustainable mobility to drive market
TABLE 155 UAE: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 156 UAE: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 157 UAE: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 158 UAE: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 159 UAE: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 160 UAE: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.5.2.3 Rest of GCC countries
TABLE 161 REST OF GCC COUNTRIES: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 162 REST OF GCC COUNTRIES: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 163 REST OF GCC COUNTRIES: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 164 REST OF GCC COUNTRIES: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 165 REST OF GCC COUNTRIES: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 166 REST OF GCC COUNTRIES: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.5.3 SOUTH AFRICA
10.5.3.1 Infrastructural development to favor market growth
TABLE 167 SOUTH AFRICA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 168 SOUTH AFRICA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 169 SOUTH AFRICA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 170 SOUTH AFRICA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 171 SOUTH AFRICA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 172 SOUTH AFRICA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.5.4 REST OF MIDDLE EAST & AFRICA
TABLE 173 REST OF MIDDLE EAST & AFRICA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 174 REST OF MIDDLE EAST & AFRICA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 175 REST OF MIDDLE EAST & AFRICA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 176 REST OF MIDDLE EAST & AFRICA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 177 REST OF MIDDLE EAST & AFRICA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 178 REST OF MIDDLE EAST & AFRICA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.6 SOUTH AMERICA
10.6.1 SOUTH AMERICA: RECESSION IMPACT
TABLE 179 SOUTH AMERICA: ARC WELDING TORCH MARKET, BY COUNTRY, 2022–2029 (USD MILLION)
TABLE 180 SOUTH AMERICA: ARC WELDING TORCH MARKET, BY COUNTRY, 2022–2029 (THOUSAND UNITS)
TABLE 181 SOUTH AMERICA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 182 SOUTH AMERICA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 183 SOUTH AMERICA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 184 SOUTH AMERICA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 185 SOUTH AMERICA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 186 SOUTH AMERICA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.6.2 BRAZIL
10.6.2.1 Booming construction industry to drive market
TABLE 187 BRAZIL: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 188 BRAZIL: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 189 BRAZIL: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 190 BRAZIL: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 191 BRAZIL: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 192 BRAZIL: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.6.3 ARGENTINA
10.6.3.1 Growth of automotive industry to drive market
TABLE 193 ARGENTINA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 194 ARGENTINA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 195 ARGENTINA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 196 ARGENTINA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 197 ARGENTINA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 198 ARGENTINA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.6.4 REST OF SOUTH AMERICA
TABLE 199 REST OF SOUTH AMERICA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 200 REST OF SOUTH AMERICA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 201 REST OF SOUTH AMERICA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 202 REST OF SOUTH AMERICA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 203 REST OF SOUTH AMERICA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 204 REST OF SOUTH AMERICA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
TABLE 205 OVERVIEW OF STRATEGIES DEPLOYED BY KEY PLAYERS IN ARC WELDING TORCH MARKET
11.3 MARKET SHARE ANALYSIS (2023)
FIGURE 41 MARKET SHARE OF KEY PLAYERS IN ARC WELDING TORCH MARKET, 2023
TABLE 206 ARC WELDING TORCH MARKET: DEGREE OF COMPETITION
11.4 REVENUE ANALYSIS (2018–2022)
FIGURE 42 REVENUE ANALYSIS FOR KEY COMPANIES IN LAST FIVE YEARS
11.5 COMPANY VALUATION & FINANCIAL METRICS
FIGURE 43 COMPANY VALUATION (USD BILLION)
FIGURE 44 FINANCIAL MATRIX: EV/EBITDA RATIO
11.6 BRAND/PRODUCT COMPARISON
FIGURE 45 ARC WELDING TORCH MARKET: BRAND/PRODUCT COMPARISON
11.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
11.7.1 STARS
11.7.2 EMERGING LEADERS
11.7.3 PERVASIVE PLAYERS
11.7.4 PARTICIPANTS
FIGURE 46 ARC WELDING TORCH MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023
11.7.5 COMPANY FOOTPRINT ANALYSIS
FIGURE 47 ARC WELDING TORCH MARKET: COMPANY FOOTPRINT (10 COMPANIES)
TABLE 207 ARC WELDING TORCH MARKET: COMPANY FOOTPRINT (10 COMPANIES)
TABLE 208 ARC WELDING TORCH MARKET: COOLING TYPE FOOTPRINT (10 COMPANIES)
TABLE 209 ARC WELDING TORCH MARKET: END-USE INDUSTRY FOOTPRINT (10 COMPANIES)
TABLE 210 ARC WELDING TORCH MARKET: REGIONAL FOOTPRINT (10 COMPANIES)
11.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
11.8.1 PROGRESSIVE COMPANIES
11.8.2 RESPONSIVE COMPANIES
11.8.3 DYNAMIC COMPANIES
11.8.4 STARTING BLOCKS
FIGURE 48 ARC WELDING TORCH MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023
11.8.5 COMPETITIVE BENCHMARKING
TABLE 211 ARC WELDING TORCH MARKET: KEY STARTUPS/SMES
TABLE 212 ARC WELDING TORCH MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
11.9 COMPETITIVE SCENARIO
11.9.1 PRODUCT LAUNCHES & UPGRADES
TABLE 213 ARC WELDING TORCH MARKET: PRODUCT LAUNCHES & UPGRADES, MARCH 2019–NOVEMBER 2023
11.9.2 DEALS
TABLE 214 ARC WELDING TORCH MARKET: DEALS, JANUARY 2019–MARCH 2024
11.9.3 EXPANSIONS
TABLE 215 ARC WELDING TORCH MARKET: EXPANSIONS, JUNE 2022–JUNE 2023
11.9.4 OTHER DEVELOPMENTS
TABLE 216 ARC WELDING TORCH MARKET: OTHER DEVELOPMENTS, FEBRUARY 2024–FEBRUARY 2024
12 COMPANY PROFILES
(Business overview, Products/Solutions/Services offered, Recent Developments, MnM view, Right to win, Strategic choices, Weaknesses and competitive threats) *
12.1 KEY PLAYERS
12.1.1 THE LINCOLN ELECTRIC COMPANY
TABLE 217 THE LINCOLN ELECTRIC COMPANY: COMPANY OVERVIEW
FIGURE 49 THE LINCOLN ELECTRIC COMPANY: COMPANY SNAPSHOT (2023)
TABLE 218 THE LINCOLN ELECTRIC COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 219 THE LINCOLN ELECTRIC COMPANY: PRODUCT LAUNCHES
TABLE 220 THE LINCOLN ELECTRIC COMPANY: DEALS
12.1.2 ESAB CORPORATION
TABLE 221 ESAB CORPORATION: COMPANY OVERVIEW
FIGURE 50 ESAB CORPORATION: COMPANY SNAPSHOT (2022)
TABLE 222 ESAB CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 223 ESAB CORPORATION: PRODUCT LAUNCHES
TABLE 224 ESAB CORPORATION: DEALS
12.1.3 ILLINOIS TOOL WORKS INC.
TABLE 225 ILLINOIS TOOL WORKS INC.: COMPANY OVERVIEW
FIGURE 51 ILLINOIS TOOL WORKS INC.: COMPANY SNAPSHOT (2022)
TABLE 226 ILLINOIS TOOL WORKS INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 227 ILLINOIS TOOL WORKS INC.: PRODUCT LAUNCHES & UPGRADES
TABLE 228 ILLINOIS TOOL WORKS INC.: DEALS
12.1.4 LINDE PLC
TABLE 229 LINDE PLC: COMPANY OVERVIEW
FIGURE 52 LINDE PLC: COMPANY SNAPSHOT (2022)
TABLE 230 LINDE PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 231 LINDE PLC: PRODUCT LAUNCHES
12.1.5 PANASONIC HOLDINGS CORPORATION
TABLE 232 PANASONIC HOLDINGS CORPORATION: COMPANY OVERVIEW
FIGURE 53 PANASONIC HOLDINGS CORPORATION: COMPANY SNAPSHOT (2022)
TABLE 233 PANASONIC HOLDINGS CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 234 PANASONIC HOLDINGS CORPORATION: DEALS
12.1.6 FRONIUS INTERNATIONAL GMBH
TABLE 235 FRONIUS INTERNATIONAL GMBH: COMPANY OVERVIEW
TABLE 236 FRONIUS INTERNATIONAL GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 237 FRONIUS INTERNATIONAL GMBH: PRODUCT LAUNCHES & UPGRADES
TABLE 238 FRONIUS INTERNATIONAL GMBH: EXPANSIONS
12.1.7 ABICOR BINZEL
TABLE 239 ABICOR BINZEL: COMPANY OVERVIEW
TABLE 240 ABICOR BINZEL: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 241 ABICOR BINZEL: DEALS
TABLE 242 ABICOR BINZEL: EXPANSIONS
TABLE 243 ABICOR BINZEL: OTHER DEVELOPMENTS
12.1.8 KEMPPI OY
TABLE 244 KEMPPI OY: COMPANY OVERVIEW
TABLE 245 KEMPPI OY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 246 KEMPPI OY: PRODUCT LAUNCHES
TABLE 247 KEMPPI OY: DEALS
TABLE 248 KEMPPI OY: EXPANSIONS
TABLE 249 KEMPPI OY: OTHER DEVELOPMENTS
12.1.9 TOKIN CORPORATION
TABLE 250 TOKIN CORPORATION: COMPANY OVERVIEW
TABLE 251 TOKIN CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 252 TOKIN CORPORATION: PRODUCT LAUNCHES
12.1.10 MIGATRONIC A/S
TABLE 253 MIGATRONIC A/S: COMPANY OVERVIEW
TABLE 254 MIGATRONIC A/S: PRODUCTS/SOLUTIONS/SERVICES OFFERED
*Details on Business overview, Products/Solutions/Services offered, Recent Developments, MnM view, Key strengths, Strategic choices, Weaknesses and competitive threats might not be captured in case of unlisted companies.
12.2 OTHER PLAYERS
12.2.1 N WORLD S.R.L.
TABLE 255 N WORLD S.R.L.: COMPANY OVERVIEW
12.2.2 SINCOSALD S.R.L.
TABLE 256 SINCOSALD S.R.L.: COMPANY OVERVIEW
12.2.3 CARL CLOOS SCHWEISSTECHNIK GMBH
TABLE 257 CARL CLOOS SCHWEISSTECHNIK GMBH: COMPANY OVERVIEW
12.2.4 EWM GMBH
TABLE 258 EWM GMBH: COMPANY OVERVIEW
12.2.5 PARWELD LTD.
TABLE 259 PARWELD LTD.: COMPANY OVERVIEW
12.2.6 HYPERTHERM, INC.
TABLE 260 HYPERTHERM, INC.: COMPANY OVERVIEW
12.2.7 UNIARC TORCHOLOGY
TABLE 261 UNIARC TORCHOLOGY: COMPANY OVERVIEW
12.2.8 SUMIG
TABLE 262 SUMIG: COMPANY OVERVIEW
12.2.9 THE WELDERS WAREHOUSE LTD.
TABLE 263 THE WELDERS WAREHOUSE LTD.: COMPANY OVERVIEW
12.2.10 R-TECH WELDING EQUIPMENT LTD.
TABLE 264 R-TECH WELDING EQUIPMENT LTD.: COMPANY OVERVIEW
12.2.11 NASARC TECHNOLOGIES, INC.
TABLE 265 NASARC TECHNOLOGIES, INC.: COMPANY OVERVIEW
12.2.12 AMERICAN TORCH TIP
TABLE 266 AMERICAN TORCH TIP: COMPANY OVERVIEW
12.2.13 GALA GAR SL
TABLE 267 GALA GAR SL: COMPANY OVERVIEW
12.2.14 AMERICAN WELDQUIP, LLC
TABLE 268 AMERICAN WELDQUIP, LLC: COMPANY OVERVIEW
12.2.15 JINAN NORTH WELDING TOOLS CO. LTD.
TABLE 269 JINAN NORTH WELDING TOOLS CO. LTD.: COMPANY OVERVIEW
13 ADJACENT & RELATED MARKETS
13.1 INTRODUCTION
13.2 LIMITATIONS
13.3 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET
13.3.1 MARKET DEFINITION
13.3.2 MARKET OVERVIEW
TABLE 270 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET, BY EQUIPMENT, 2019–2026 (USD BILLION)
TABLE 271 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET, BY EQUIPMENT, 2019–2026 (THOUSAND UNITS)
TABLE 272 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET, BY ACCESSORY, 2019–2026 (USD BILLION)
TABLE 273 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET, BY ACCESSORY, 2019–2026 (MILLION UNITS)
TABLE 274 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET, BY CONSUMABLE, 2019–2026 (USD BILLION)
TABLE 275 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET, BY CONSUMABLE, 2019–2026 (KILO TONS)
14 APPENDIX
14.1 DISCUSSION GUIDE
14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.3 CUSTOMIZATION OPTIONS
14.4 RELATED REPORTS
14.5 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS & EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKET SEGMENTATION
1.3.2 REGIONS COVERED
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 UNITS CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 1 ARC WELDING TORCH MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Key industry insights
2.1.2.3 Breakdown of primary interviews
2.2 MARKET SIZE ESTIMATION
FIGURE 2 MARKET SIZE ESTIMATION: ARC WELDING TORCH, BY VALUE
FIGURE 3 ARC WELDING TORCH MARKET, BY REGION
FIGURE 4 ARC WELDING TORCH MARKET: SUPPLY-SIDE ANALYSIS
FIGURE 5 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH
FIGURE 6 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH
2.3 DATA TRIANGULATION
FIGURE 7 ARC WELDING TORCH MARKET: DATA TRIANGULATION
2.3.1 RESEARCH ASSUMPTIONS
2.4 RESEARCH LIMITATIONS
2.4.1 RISK ASSESSMENT
TABLE 1 LIMITATIONS & ASSOCIATED RISKS
2.5 GROWTH RATE ASSUMPTIONS
2.6 IMPACT OF RECESSION
3 EXECUTIVE SUMMARY
FIGURE 8 ELECTRODES TO ACCOUNT FOR LARGEST SHARE OF OVERALL ARC WELDING TORCH MARKET
FIGURE 9 AIR-COOLED TORCHES TO DOMINATE ARC WELDING TORCH MARKET DURING FORECAST PERIOD
FIGURE 10 CONSTRUCTION SEGMENT TO BE FASTEST-GROWING END-USE INDUSTRY IN ARC WELDING TORCH MARKET
FIGURE 11 ASIA PACIFIC DOMINATED ARC WELDING TORCH MARKET IN 2023
4 PREMIUM INSIGHTS
4.1 OPPORTUNITIES FOR PLAYERS IN ARC WELDING TORCH MARKET
FIGURE 12 ASIA PACIFIC TO BE FASTEST-GROWING REGION IN ARC WELDING TORCH MARKET DURING FORECAST PERIOD
4.2 ARC WELDING TORCH MARKET GROWTH, BY WEAR PART
FIGURE 13 ELECTRODES SEGMENT TO LEAD ARC WELDING TORCH MARKET DURING FORECAST PERIOD
4.3 ARC WELDING TORCH MARKET, BY COOLING TYPE
FIGURE 14 AIR-COOLED TORCHES TO BE FASTEST-GROWING COOLING TYPE SEGMENT
4.4 ARC WELDING TORCH MARKET, BY END-USE INDUSTRY
FIGURE 15 CONSTRUCTION INDUSTRY TO BE LARGEST END-USE INDUSTRY SEGMENT OF OVERALL ARC WELDING TORCH MARKET DURING FORECAST PERIOD
4.5 ASIA PACIFIC: ARC WELDING TORCH MARKET, BY WEAR PART & COUNTRY
FIGURE 16 CHINA ACCOUNTED FOR LARGEST MARKET SHARE IN ASIA PACIFIC
4.6 ARC WELDING TORCH MARKET: MAJOR COUNTRIES
FIGURE 17 CHINA TO REGISTER HIGHEST GROWTH DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 18 ARC WELDING TORCH MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Promising growth in steel industry
FIGURE 19 GLOBAL CRUDE STEEL DEMAND, 2022 VS. 2024 (MILLION TONS)
5.2.1.2 Growing population and rapid rate of urbanization
TABLE 2 WORLD POPULATION AND URBANIZATION, BY REGION, 2021 VS. 2050 (MILLION)
TABLE 3 POPULATION GROWTH, BY REGION, 2022 VS. 2030 VS. 2050 (MILLION)
5.2.1.3 Increasing demand from end-use industries in emerging economies
FIGURE 20 GLOBAL MOTOR VEHICLE PRODUCTION (MILLION UNITS)
5.2.1.4 Industrial development in Middle East & Africa
5.2.2 RESTRAINTS
5.2.2.1 Safety concerns associated with welding
5.2.2.2 High maintenance cost of arc welding torches
5.2.3 OPPORTUNITIES
5.2.3.1 Development of lightweight and portable torches
5.2.3.2 Development of wind energy infrastructure
FIGURE 21 GLOBAL NEW WIND CAPACITY INSTALLATION (GW)
5.2.4 CHALLENGES
5.2.4.1 Shortage of skilled welders
6 INDUSTRY TRENDS
6.1 TRENDS & DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
FIGURE 22 REVENUE SHIFT FOR ARC WELDING TORCH MANUFACTURERS
6.2 PRICING ANALYSIS
FIGURE 23 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY WEAR PART
6.2.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY WEAR PART
TABLE 4 AVERAGE SELLING PRICE OF WEAR PARTS, BY KEY PLAYER, 2023 (USD/UNIT)
6.2.2 AVERAGE SELLING PRICE RANGE OF ARC WELDING TORCHES, BY REGION, 2022–2029
FIGURE 24 AVERAGE SELLING PRICE TREND OF ARC WELDING TORCHES, BY REGION (USD/UNIT)
6.2.3 AVERAGE SELLING PRICE TREND OF ARC WELDING TORCHES, BY REGION
TABLE 5 AVERAGE SELLING PRICE, BY REGION, 2022–2029 (USD/UNIT)
6.3 VALUE CHAIN ANALYSIS
6.3.1 RAW MATERIAL SUPPLIERS
6.3.2 RESEARCH AND PRODUCT DEVELOPMENT
6.3.3 PRODUCTION PROCESS & ASSEMBLY
6.3.4 DISTRIBUTORS
6.3.5 END-USE INDUSTRIES
6.4 ECOSYSTEM ANALYSIS
FIGURE 25 ECOSYSTEM/MARKET MAPPING
TABLE 6 ECOSYSTEM OF ARC WELDING TORCH MARKET
6.5 TECHNOLOGY ANALYSIS
6.5.1 KEY TECHNOLOGIES
6.5.1.1 Fume extraction technology
6.5.1.2 Robotic torches
6.5.1.3 Micro welding technology
6.5.1.4 Connectivity and IoT
6.5.1.5 Artificial intelligence and machine learning
6.5.2 COMPLEMENTARY TECHNOLOGIES
6.5.2.1 Advanced materials
6.5.2.2 Innovations in welding safety gear
6.5.2.3 Power source technology
6.6 PATENT ANALYSIS
6.6.1 INTRODUCTION
6.6.2 METHODOLOGY
6.6.3 PATENT ANALYSIS (2014–2023)
FIGURE 26 LIST OF MAJOR PATENTS FOR ARC WELDING TORCH MARKET (2014–2023)
TABLE 7 LIST OF PATENTS FOR ARC WELDING TORCHES
6.7 TRADE ANALYSIS
FIGURE 27 EXPORT SCENARIO: HS CODE 851590, PARTS OF MACHINES AND APPARATUS FOR SOLDERING OR WELDING OR FOR HOT SPRAYING OF METALS, METAL CARBIDES, OR CERMETS, 2013–2022 (USD BILLION)
FIGURE 28 IMPORT SCENARIO: HS CODE 851590, PARTS OF MACHINES AND APPARATUS FOR SOLDERING OR WELDING OR FOR HOT SPRAYING OF METALS, METAL CARBIDES, OR CERMETS, 2013–2022 (USD BILLION)
6.8 KEY CONFERENCES & EVENTS, 2024–2025
TABLE 8 DETAILED LIST OF CONFERENCES & EVENTS, 2024–2025
6.9 TARIFF & REGULATORY LANDSCAPE
6.9.1 TARIFFS AND REGULATIONS RELATED TO ARC WELDING TORCHES
TABLE 9 TARIFFS RELATED TO ARC WELDING TORCH MARKET
6.9.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 10 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 11 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 12 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
6.10 PORTER’S FIVE FORCES ANALYSIS
FIGURE 29 ARC WELDING TORCH MARKET: PORTER'S FIVE FORCES ANALYSIS
TABLE 13 ARC WELDING TORCH MARKET: PORTER’S FIVE FORCES ANALYSIS
6.10.1 THREAT OF NEW ENTRANTS
6.10.2 THREAT OF SUBSTITUTES
6.10.3 BARGAINING POWER OF SUPPLIERS
6.10.4 BARGAINING POWER OF BUYERS
6.10.5 INTENSITY OF COMPETITIVE RIVALRY
6.11 KEY STAKEHOLDERS & BUYING CRITERIA
6.11.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 30 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS
TABLE 14 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS
6.11.2 BUYING CRITERIA
FIGURE 31 KEY BUYING CRITERIA FOR ARC WELDING TORCH MARKET
TABLE 15 KEY BUYING CRITERIA FOR ARC WELDING TORCH INDUSTRY
6.12 CASE STUDY ANALYSIS
6.12.1 CASE STUDY 1: REVOLUTIONIZING WELDING EFFICIENCY IN JAPAN
6.12.2 CASE STUDY 2: AUTOMATING SUBARC WELDING FOR CAST IRON PIPES
6.12.3 CASE STUDY 3: MULTI-PROCESS ROBOTIC WELDING OF LARGE CONSTRUCTION EQUIPMENT
6.12.4 CASE STUDY 4: ENHANCING WELDING SHOP AIR QUALITY AND SAFETY WITH ADVANCED EXTRACTION TECHNOLOGY
6.13 MACROECONOMIC ANALYSIS
6.13.1 INTRODUCTION
6.13.2 GDP TRENDS AND FORECASTS
TABLE 16 WORLD GDP GROWTH PROJECTION, 2021–2028 (USD TRILLION)
6.13.3 CONSTRUCTION INDUSTRY AS PERCENTAGE OF GDP AND ITS IMPACT ON ARC WELDING TORCHES
TABLE 17 CONSTRUCTION AS PERCENTAGE OF GDP, BY KEY COUNTRY, 2021
6.13.4 GLOBAL AUTOMOBILE PRODUCTION AND GROWTH
TABLE 18 GLOBAL AUTOMOBILE PRODUCTION (UNIT) AND GROWTH, BY COUNTRY, 2021 VS. 2022
6.13.5 GLOBAL STEEL PRODUCTION (TOP 10 COUNTRIES)
FIGURE 32 TOP 10 STEEL PRODUCTION COUNTRIES, 2019–2023
6.13.6 GLOBAL STEEL CONSUMPTION (TOP 10 COUNTRIES)
FIGURE 33 TOP 10 STEEL CONSUMPTION COUNTRIES, 2022–2024
6.14 AUTOMOTIVE INDUSTRY INVESTMENT & FUNDING SCENARIO
FIGURE 34 INVESTOR DEALS & FUNDING IN AUTOMOTIVE SECTOR SOARED IN 2021
7 ARC WELDING TORCH MARKET, BY WEAR PART
7.1 INTRODUCTION
FIGURE 35 ELECTRODES SEGMENT TO DOMINATE ARC WELDING TORCH MARKET DURING FORECAST PERIOD
TABLE 19 ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 20 ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
7.2 GAS NOZZLES
7.2.1 GROWING EMPHASIS ON DURABILITY AND PRECISION TO BOOST DEMAND FOR GAS NOZZLES
7.3 CONTACT TIPS
7.3.1 GROWING DEMAND FOR HIGH-QUALITY CONTACT TIPS TO FAVOR MARKET GROWTH
7.4 ELECTRODES
7.4.1 TECHNOLOGICAL ADVANCEMENTS IN ELECTRODE MANUFACTURING TO SUPPORT MARKET GROWTH
7.5 OTHER WEAR PARTS
8 ARC WELDING TORCH MARKET, BY COOLING TYPE
8.1 INTRODUCTION
FIGURE 36 AIR-COOLED TORCHES SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
TABLE 21 ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 22 ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
8.2 AIR-COOLED TORCHES
8.2.1 DIVERSE RANGE OF AIR-COOLED TORCHES TO DRIVE MARKET GROWTH
8.3 WATER-COOLED TORCHES
8.3.1 CONTINUOUS ADVANCEMENTS IN COOLING TECHNOLOGIES TO BOOST DEMAND
9 ARC WELDING TORCH MARKET, BY END-USE INDUSTRY
9.1 INTRODUCTION
FIGURE 37 CONSTRUCTION SEGMENT TO REGISTER HIGHEST GROWTH RATE DURING FORECAST PERIOD
TABLE 23 ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 24 ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
9.2 AUTOMOTIVE
9.2.1 EXPANSION OF AUTOMOTIVE PRODUCTION FACILITIES TO DRIVE MARKET
9.3 CONSTRUCTION
9.3.1 GLOBAL INFRASTRUCTURE DEVELOPMENT AND URBAN EXPANSION TO SUPPORT GROWTH
9.4 SHIPBUILDING
9.4.1 INNOVATIONS IN SHIPBUILDING INDUSTRY TO BOOST MARKET
9.5 POWER GENERATION
9.5.1 INCREASING USE OF ORBITAL WELDING IN CONSTRUCTION OF PIPELINES AND TUBING SYSTEMS TO FAVOR MARKET GROWTH
9.6 OTHER END-USE INDUSTRIES
10 ARC WELDING TORCH MARKET, BY REGION
10.1 INTRODUCTION
FIGURE 38 CHINA TO RECORD HIGHEST GROWTH DURING FORECAST PERIOD
TABLE 25 ARC WELDING TORCH MARKET, BY REGION, 2022–2029 (USD MILLION)
TABLE 26 ARC WELDING TORCH MARKET, BY REGION, 2022–2029 (THOUSAND UNITS)
10.2 ASIA PACIFIC
10.2.1 ASIA PACIFIC: RECESSION IMPACT
FIGURE 39 ASIA PACIFIC: ARC WELDING TORCH MARKET SNAPSHOT
TABLE 27 ASIA PACIFIC: ARC WELDING TORCH MARKET, BY COUNTRY, 2022–2029 (USD MILLION)
TABLE 28 ASIA PACIFIC: ARC WELDING TORCH MARKET, BY COUNTRY, 2022–2029 (THOUSAND UNITS)
TABLE 29 ASIA PACIFIC: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 30 ASIA PACIFIC: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 31 ASIA PACIFIC: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 32 ASIA PACIFIC: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 33 ASIA PACIFIC: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 34 ASIA PACIFIC: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.2.2 CHINA
10.2.2.1 Growing government investment in urbanization and infrastructure projects to boost market growth
TABLE 35 CHINA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 36 CHINA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 37 CHINA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 38 CHINA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 39 CHINA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 40 CHINA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.2.3 JAPAN
10.2.3.1 Wind energy expansion in country to fuel demand for arc welding torches
TABLE 41 JAPAN: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 42 JAPAN: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 43 JAPAN: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 44 JAPAN: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 45 JAPAN: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 46 JAPAN: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.2.4 INDIA
10.2.4.1 Thriving automotive industry to support market growth
TABLE 47 INDIA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 48 INDIA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 49 INDIA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 50 INDIA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 51 INDIA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 52 INDIA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.2.5 INDONESIA
10.2.5.1 Growing government focus on increasing wind power generation to drive market
TABLE 53 INDONESIA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 54 INDONESIA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 55 INDONESIA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 56 INDONESIA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 57 INDONESIA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 58 INDONESIA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.2.6 REST OF ASIA PACIFIC
TABLE 59 REST OF ASIA PACIFIC: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 60 REST OF ASIA PACIFIC: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 61 REST OF ASIA PACIFIC: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 62 REST OF ASIA PACIFIC: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 63 REST OF ASIA PACIFIC: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 64 REST OF ASIA PACIFIC: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.3 NORTH AMERICA
10.3.1 NORTH AMERICA: RECESSION IMPACT
FIGURE 40 NORTH AMERICA: ARC WELDING TORCH MARKET SNAPSHOT
TABLE 65 NORTH AMERICA: ARC WELDING TORCH MARKET, BY COUNTRY, 2022–2029 (USD MILLION)
TABLE 66 NORTH AMERICA: ARC WELDING TORCH MARKET, BY COUNTRY, 2022–2029 (THOUSAND UNITS)
TABLE 67 NORTH AMERICA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 68 NORTH AMERICA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 69 NORTH AMERICA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 70 NORTH AMERICA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 71 NORTH AMERICA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 72 NORTH AMERICA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.3.2 US
10.3.2.1 Growing demand for welding equipment by automobile sector to favor market growth
TABLE 73 US: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 74 US: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 75 US: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 76 US: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 77 US: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 78 US: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.3.3 CANADA
10.3.3.1 Growing automotive sector to propel growth
TABLE 79 CANADA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 80 CANADA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 81 CANADA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 82 CANADA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 83 CANADA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 84 CANADA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.3.4 MEXICO
10.3.4.1 Government initiatives for investments in power sector to fuel growth
TABLE 85 MEXICO: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 86 MEXICO: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 87 MEXICO: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 88 MEXICO: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 89 MEXICO: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 90 MEXICO: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.4 EUROPE
TABLE 91 EUROPE: ARC WELDING TORCH MARKET, BY COUNTRY, 2022–2029 (USD MILLION)
TABLE 92 EUROPE: ARC WELDING TORCH MARKET, BY COUNTRY, 2022–2029 (THOUSAND UNITS)
TABLE 93 EUROPE: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 94 EUROPE: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 95 EUROPE: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 96 EUROPE: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 97 EUROPE: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 98 EUROPE: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.4.1 EUROPE: RECESSION IMPACT
10.4.2 GERMANY
10.4.2.1 Increased production of automobiles to drive demand for arc welding torches
TABLE 99 GERMANY: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 100 GERMANY: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 101 GERMANY: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 102 GERMANY: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 103 GERMANY: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 104 GERMANY: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.4.3 FRANCE
10.4.3.1 Increasing demand for arc welding from various end-use industries to drive market
TABLE 105 FRANCE: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 106 FRANCE: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 107 FRANCE: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 108 FRANCE: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 109 FRANCE: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 110 FRANCE: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.4.4 ITALY
10.4.4.1 Rising investments in construction industry to propel demand
TABLE 111 ITALY: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 112 ITALY: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 113 ITALY: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 114 ITALY: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 115 ITALY: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 116 ITALY: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.4.5 UK
10.4.5.1 Growing offshore wind capacities to impact arc welding torch industry
TABLE 117 UK: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 118 UK: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 119 UK: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 120 UK: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 121 UK: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 122 UK: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.4.6 SPAIN
10.4.6.1 Government investment in infrastructure and automotive industries to drive growth
TABLE 123 SPAIN: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 124 SPAIN: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 125 SPAIN: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 126 SPAIN: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 127 SPAIN: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 128 SPAIN: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.4.7 REST OF EUROPE
TABLE 129 REST OF EUROPE: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 130 REST OF EUROPE: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 131 REST OF EUROPE: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 132 REST OF EUROPE: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 133 REST OF EUROPE: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 134 REST OF EUROPE: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.5 MIDDLE EAST & AFRICA
10.5.1 MIDDLE EAST & AFRICA: RECESSION IMPACT
TABLE 135 MIDDLE EAST & AFRICA: ARC WELDING TORCH MARKET, BY COUNTRY, 2022–2029 (USD MILLION)
TABLE 136 MIDDLE EAST & AFRICA: ARC WELDING TORCH MARKET, BY COUNTRY, 2022–2029 (THOUSAND UNITS)
TABLE 137 MIDDLE EAST & AFRICA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 138 MIDDLE EAST & AFRICA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 139 MIDDLE EAST & AFRICA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 140 MIDDLE EAST & AFRICA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 141 MIDDLE EAST & AFRICA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 142 MIDDLE EAST & AFRICA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.5.2 GCC COUNTRIES
TABLE 143 GCC COUNTRIES: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 144 GCC COUNTRIES: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 145 GCC COUNTRIES: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 146 GCC COUNTRIES: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 147 GCC COUNTRIES: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 148 GCC COUNTRIES: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.5.2.1 Saudi Arabia
10.5.2.1.1 Saudi Vision 2030 to play pivotal role in driving market growth
TABLE 149 SAUDI ARABIA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 150 SAUDI ARABIA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 151 SAUDI ARABIA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 152 SAUDI ARABIA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 153 SAUDI ARABIA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 154 SAUDI ARABIA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.5.2.2 UAE
10.5.2.2.1 Smart and sustainable mobility to drive market
TABLE 155 UAE: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 156 UAE: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 157 UAE: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 158 UAE: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 159 UAE: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 160 UAE: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.5.2.3 Rest of GCC countries
TABLE 161 REST OF GCC COUNTRIES: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 162 REST OF GCC COUNTRIES: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 163 REST OF GCC COUNTRIES: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 164 REST OF GCC COUNTRIES: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 165 REST OF GCC COUNTRIES: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 166 REST OF GCC COUNTRIES: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.5.3 SOUTH AFRICA
10.5.3.1 Infrastructural development to favor market growth
TABLE 167 SOUTH AFRICA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 168 SOUTH AFRICA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 169 SOUTH AFRICA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 170 SOUTH AFRICA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 171 SOUTH AFRICA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 172 SOUTH AFRICA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.5.4 REST OF MIDDLE EAST & AFRICA
TABLE 173 REST OF MIDDLE EAST & AFRICA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 174 REST OF MIDDLE EAST & AFRICA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 175 REST OF MIDDLE EAST & AFRICA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 176 REST OF MIDDLE EAST & AFRICA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 177 REST OF MIDDLE EAST & AFRICA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 178 REST OF MIDDLE EAST & AFRICA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.6 SOUTH AMERICA
10.6.1 SOUTH AMERICA: RECESSION IMPACT
TABLE 179 SOUTH AMERICA: ARC WELDING TORCH MARKET, BY COUNTRY, 2022–2029 (USD MILLION)
TABLE 180 SOUTH AMERICA: ARC WELDING TORCH MARKET, BY COUNTRY, 2022–2029 (THOUSAND UNITS)
TABLE 181 SOUTH AMERICA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 182 SOUTH AMERICA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 183 SOUTH AMERICA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 184 SOUTH AMERICA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 185 SOUTH AMERICA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 186 SOUTH AMERICA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.6.2 BRAZIL
10.6.2.1 Booming construction industry to drive market
TABLE 187 BRAZIL: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 188 BRAZIL: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 189 BRAZIL: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 190 BRAZIL: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 191 BRAZIL: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 192 BRAZIL: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.6.3 ARGENTINA
10.6.3.1 Growth of automotive industry to drive market
TABLE 193 ARGENTINA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 194 ARGENTINA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 195 ARGENTINA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 196 ARGENTINA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 197 ARGENTINA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 198 ARGENTINA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
10.6.4 REST OF SOUTH AMERICA
TABLE 199 REST OF SOUTH AMERICA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (USD MILLION)
TABLE 200 REST OF SOUTH AMERICA: ARC WELDING TORCH MARKET, BY WEAR PART, 2022–2029 (THOUSAND UNITS)
TABLE 201 REST OF SOUTH AMERICA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (USD MILLION)
TABLE 202 REST OF SOUTH AMERICA: ARC WELDING TORCH MARKET, BY COOLING TYPE, 2022–2029 (THOUSAND UNITS)
TABLE 203 REST OF SOUTH AMERICA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
TABLE 204 REST OF SOUTH AMERICA: ARC WELDING TORCH MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND UNITS)
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
TABLE 205 OVERVIEW OF STRATEGIES DEPLOYED BY KEY PLAYERS IN ARC WELDING TORCH MARKET
11.3 MARKET SHARE ANALYSIS (2023)
FIGURE 41 MARKET SHARE OF KEY PLAYERS IN ARC WELDING TORCH MARKET, 2023
TABLE 206 ARC WELDING TORCH MARKET: DEGREE OF COMPETITION
11.4 REVENUE ANALYSIS (2018–2022)
FIGURE 42 REVENUE ANALYSIS FOR KEY COMPANIES IN LAST FIVE YEARS
11.5 COMPANY VALUATION & FINANCIAL METRICS
FIGURE 43 COMPANY VALUATION (USD BILLION)
FIGURE 44 FINANCIAL MATRIX: EV/EBITDA RATIO
11.6 BRAND/PRODUCT COMPARISON
FIGURE 45 ARC WELDING TORCH MARKET: BRAND/PRODUCT COMPARISON
11.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
11.7.1 STARS
11.7.2 EMERGING LEADERS
11.7.3 PERVASIVE PLAYERS
11.7.4 PARTICIPANTS
FIGURE 46 ARC WELDING TORCH MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023
11.7.5 COMPANY FOOTPRINT ANALYSIS
FIGURE 47 ARC WELDING TORCH MARKET: COMPANY FOOTPRINT (10 COMPANIES)
TABLE 207 ARC WELDING TORCH MARKET: COMPANY FOOTPRINT (10 COMPANIES)
TABLE 208 ARC WELDING TORCH MARKET: COOLING TYPE FOOTPRINT (10 COMPANIES)
TABLE 209 ARC WELDING TORCH MARKET: END-USE INDUSTRY FOOTPRINT (10 COMPANIES)
TABLE 210 ARC WELDING TORCH MARKET: REGIONAL FOOTPRINT (10 COMPANIES)
11.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
11.8.1 PROGRESSIVE COMPANIES
11.8.2 RESPONSIVE COMPANIES
11.8.3 DYNAMIC COMPANIES
11.8.4 STARTING BLOCKS
FIGURE 48 ARC WELDING TORCH MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023
11.8.5 COMPETITIVE BENCHMARKING
TABLE 211 ARC WELDING TORCH MARKET: KEY STARTUPS/SMES
TABLE 212 ARC WELDING TORCH MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
11.9 COMPETITIVE SCENARIO
11.9.1 PRODUCT LAUNCHES & UPGRADES
TABLE 213 ARC WELDING TORCH MARKET: PRODUCT LAUNCHES & UPGRADES, MARCH 2019–NOVEMBER 2023
11.9.2 DEALS
TABLE 214 ARC WELDING TORCH MARKET: DEALS, JANUARY 2019–MARCH 2024
11.9.3 EXPANSIONS
TABLE 215 ARC WELDING TORCH MARKET: EXPANSIONS, JUNE 2022–JUNE 2023
11.9.4 OTHER DEVELOPMENTS
TABLE 216 ARC WELDING TORCH MARKET: OTHER DEVELOPMENTS, FEBRUARY 2024–FEBRUARY 2024
12 COMPANY PROFILES
(Business overview, Products/Solutions/Services offered, Recent Developments, MnM view, Right to win, Strategic choices, Weaknesses and competitive threats) *
12.1 KEY PLAYERS
12.1.1 THE LINCOLN ELECTRIC COMPANY
TABLE 217 THE LINCOLN ELECTRIC COMPANY: COMPANY OVERVIEW
FIGURE 49 THE LINCOLN ELECTRIC COMPANY: COMPANY SNAPSHOT (2023)
TABLE 218 THE LINCOLN ELECTRIC COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 219 THE LINCOLN ELECTRIC COMPANY: PRODUCT LAUNCHES
TABLE 220 THE LINCOLN ELECTRIC COMPANY: DEALS
12.1.2 ESAB CORPORATION
TABLE 221 ESAB CORPORATION: COMPANY OVERVIEW
FIGURE 50 ESAB CORPORATION: COMPANY SNAPSHOT (2022)
TABLE 222 ESAB CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 223 ESAB CORPORATION: PRODUCT LAUNCHES
TABLE 224 ESAB CORPORATION: DEALS
12.1.3 ILLINOIS TOOL WORKS INC.
TABLE 225 ILLINOIS TOOL WORKS INC.: COMPANY OVERVIEW
FIGURE 51 ILLINOIS TOOL WORKS INC.: COMPANY SNAPSHOT (2022)
TABLE 226 ILLINOIS TOOL WORKS INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 227 ILLINOIS TOOL WORKS INC.: PRODUCT LAUNCHES & UPGRADES
TABLE 228 ILLINOIS TOOL WORKS INC.: DEALS
12.1.4 LINDE PLC
TABLE 229 LINDE PLC: COMPANY OVERVIEW
FIGURE 52 LINDE PLC: COMPANY SNAPSHOT (2022)
TABLE 230 LINDE PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 231 LINDE PLC: PRODUCT LAUNCHES
12.1.5 PANASONIC HOLDINGS CORPORATION
TABLE 232 PANASONIC HOLDINGS CORPORATION: COMPANY OVERVIEW
FIGURE 53 PANASONIC HOLDINGS CORPORATION: COMPANY SNAPSHOT (2022)
TABLE 233 PANASONIC HOLDINGS CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 234 PANASONIC HOLDINGS CORPORATION: DEALS
12.1.6 FRONIUS INTERNATIONAL GMBH
TABLE 235 FRONIUS INTERNATIONAL GMBH: COMPANY OVERVIEW
TABLE 236 FRONIUS INTERNATIONAL GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 237 FRONIUS INTERNATIONAL GMBH: PRODUCT LAUNCHES & UPGRADES
TABLE 238 FRONIUS INTERNATIONAL GMBH: EXPANSIONS
12.1.7 ABICOR BINZEL
TABLE 239 ABICOR BINZEL: COMPANY OVERVIEW
TABLE 240 ABICOR BINZEL: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 241 ABICOR BINZEL: DEALS
TABLE 242 ABICOR BINZEL: EXPANSIONS
TABLE 243 ABICOR BINZEL: OTHER DEVELOPMENTS
12.1.8 KEMPPI OY
TABLE 244 KEMPPI OY: COMPANY OVERVIEW
TABLE 245 KEMPPI OY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 246 KEMPPI OY: PRODUCT LAUNCHES
TABLE 247 KEMPPI OY: DEALS
TABLE 248 KEMPPI OY: EXPANSIONS
TABLE 249 KEMPPI OY: OTHER DEVELOPMENTS
12.1.9 TOKIN CORPORATION
TABLE 250 TOKIN CORPORATION: COMPANY OVERVIEW
TABLE 251 TOKIN CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 252 TOKIN CORPORATION: PRODUCT LAUNCHES
12.1.10 MIGATRONIC A/S
TABLE 253 MIGATRONIC A/S: COMPANY OVERVIEW
TABLE 254 MIGATRONIC A/S: PRODUCTS/SOLUTIONS/SERVICES OFFERED
*Details on Business overview, Products/Solutions/Services offered, Recent Developments, MnM view, Key strengths, Strategic choices, Weaknesses and competitive threats might not be captured in case of unlisted companies.
12.2 OTHER PLAYERS
12.2.1 N WORLD S.R.L.
TABLE 255 N WORLD S.R.L.: COMPANY OVERVIEW
12.2.2 SINCOSALD S.R.L.
TABLE 256 SINCOSALD S.R.L.: COMPANY OVERVIEW
12.2.3 CARL CLOOS SCHWEISSTECHNIK GMBH
TABLE 257 CARL CLOOS SCHWEISSTECHNIK GMBH: COMPANY OVERVIEW
12.2.4 EWM GMBH
TABLE 258 EWM GMBH: COMPANY OVERVIEW
12.2.5 PARWELD LTD.
TABLE 259 PARWELD LTD.: COMPANY OVERVIEW
12.2.6 HYPERTHERM, INC.
TABLE 260 HYPERTHERM, INC.: COMPANY OVERVIEW
12.2.7 UNIARC TORCHOLOGY
TABLE 261 UNIARC TORCHOLOGY: COMPANY OVERVIEW
12.2.8 SUMIG
TABLE 262 SUMIG: COMPANY OVERVIEW
12.2.9 THE WELDERS WAREHOUSE LTD.
TABLE 263 THE WELDERS WAREHOUSE LTD.: COMPANY OVERVIEW
12.2.10 R-TECH WELDING EQUIPMENT LTD.
TABLE 264 R-TECH WELDING EQUIPMENT LTD.: COMPANY OVERVIEW
12.2.11 NASARC TECHNOLOGIES, INC.
TABLE 265 NASARC TECHNOLOGIES, INC.: COMPANY OVERVIEW
12.2.12 AMERICAN TORCH TIP
TABLE 266 AMERICAN TORCH TIP: COMPANY OVERVIEW
12.2.13 GALA GAR SL
TABLE 267 GALA GAR SL: COMPANY OVERVIEW
12.2.14 AMERICAN WELDQUIP, LLC
TABLE 268 AMERICAN WELDQUIP, LLC: COMPANY OVERVIEW
12.2.15 JINAN NORTH WELDING TOOLS CO. LTD.
TABLE 269 JINAN NORTH WELDING TOOLS CO. LTD.: COMPANY OVERVIEW
13 ADJACENT & RELATED MARKETS
13.1 INTRODUCTION
13.2 LIMITATIONS
13.3 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET
13.3.1 MARKET DEFINITION
13.3.2 MARKET OVERVIEW
TABLE 270 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET, BY EQUIPMENT, 2019–2026 (USD BILLION)
TABLE 271 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET, BY EQUIPMENT, 2019–2026 (THOUSAND UNITS)
TABLE 272 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET, BY ACCESSORY, 2019–2026 (USD BILLION)
TABLE 273 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET, BY ACCESSORY, 2019–2026 (MILLION UNITS)
TABLE 274 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET, BY CONSUMABLE, 2019–2026 (USD BILLION)
TABLE 275 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET, BY CONSUMABLE, 2019–2026 (KILO TONS)
14 APPENDIX
14.1 DISCUSSION GUIDE
14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.3 CUSTOMIZATION OPTIONS
14.4 RELATED REPORTS
14.5 AUTHOR DETAILS
