Arc Welding Equipment Global Market Report 2023: Sector to Reach $7.2 Billion by 2030 at a 4.9% CAGR
DUBLIN, May 29, 2023 /PRNewswire/ -- The "Arc Welding Equipment: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Arc Welding Equipment Market to Reach $7.2 Billion by 2030In the changed post COVID-19 business landscape, the global market for Arc Welding Equipment estimated at US$4.9 Billion in the year 2022, is projected to reach a revised size of US$7.2 Billion by 2030, growing at a CAGR of 4.9% over the analysis period 2022-2030.
Energy & Utilities, one of the segments analyzed in the report, is projected to record 6% CAGR and reach US$2.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Automotive segment is readjusted to a revised 5% CAGR for the next 8-year period. The U.S. Market is Estimated at $1.3 Billion, While China is Forecast to Grow at 7.6% CAGRThe Arc Welding Equipment market in the U.S. is estimated at US$1.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.6 Billion by the year 2030 trailing a CAGR of 7.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 4.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.9% CAGR.Select Competitors (Total 38 Featured) -
Amada Miyachi Co., Ltd.
American Torch Tip
Arc Machines, Inc.
Automation International, Inc.
Beijing Time Technologies Co., Ltd.
Colfax Corporation
Costruzioni Elettromeccaniche Annettoni S.p.A. (CEA)
Daihen Corporation
Doncasters Group Ltd.
Fronius International GmbH
ITW Welding
Kobe Steel Ltd.
NIMAK GmbH
Panasonic Welding Systems Co., Ltd.
Shandong AoTai Electric Co., Ltd.
Shanghai Hugong Electric (Group) Co. Ltd.
Shenzhen Riland Industry Co., Ltd.
Telwin SpA
The Lincoln Electric Company
What's New for 2023?
Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and Research Platform
Complimentary updates for one year
Key Topics Covered: I. METHODOLOGYII. EXECUTIVE SUMMARY1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Arc Welding Equipment - Global Key Competitors Percentage Market Share in 2022 (E)
Impact of Covid-19 and a Looming Global Recession
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/nj2mv0
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