Us GAS Welding Equipment Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
GAS Welding Equipment Market was valued at USD 2.15 Billion in 2022 and is projected to reach USD 3.25 Billion by 2030, growing at a CAGR of 5.4% from 2024 to 2030.
The U.S. gas welding equipment market is experiencing significant growth, driven by increasing demand across various industries. In 2023, the global welding equipment market was valued at approximately USD 19.72 billion, with projections indicating a compound annual growth rate (CAGR) of 5.1% from 2024 to 2030. This surge is largely attributed to the expanding construction, automotive, and aerospace sectors, which heavily rely on welding technologies.
In the United States, the welding consumables segment alone was valued at USD 2.43 billion in 2021 and is expected to reach USD 3.31 billion by 2029, growing at a CAGR of 4.1%. This upward trend reflects the country's robust industrial activities and the essential role of welding in manufacturing and infrastructure development.
From my experience working in the automotive industry, I've observed firsthand how advancements in welding equipment have streamlined production processes. The shift towards automation and the adoption of sophisticated welding technologies have not only enhanced efficiency but also improved the quality of welds, reducing the margin for error.
Key factors contributing to the market's expansion include:
Technological Advancements: The integration of automation and robotics in welding processes has increased precision and productivity.
Infrastructure Development: Government initiatives focusing on urban planning and infrastructure are boosting the demand for welding equipment.
Industry Diversification: Sectors such as oil & gas, shipbuilding, and aerospace are increasingly adopting advanced welding solutions.
However, challenges persist. Discussions on platforms like Reddit highlight concerns about the availability of skilled welders, with users noting that while companies invest in advanced equipment, there's a need for adequately trained personnel to operate them. This skills gap could potentially hinder the market's growth if not addressed promptly.
In conclusion, the U.S. gas welding equipment market is poised for continued growth, propelled by technological innovations and expanding industrial applications. Addressing workforce training and skill development will be crucial in sustaining this momentum and meeting the evolving demands of the industry.
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Amada Holdings Group
Colfax
Fronius
Illinois Tool Works
Lincoln Electric
Grainger
Kemppi
Polysoude
Swagelok
ARCO Welding Supply
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global GAS Welding Equipment Market
Gas Welding Machines
Welding Torches
Welding Regulators
Heat Treatment Equipment
Welding Accessories (e.g., hoses, connectors, tips)
Oxygen and Acetylene
Oxygen and Propane
Hydrogen and Oxygen
Natural Gas and Oxygen
Aerospace
Automotive
Construction
Manufacturing
Shipbuilding
Energy and Power
Maintenance and Repair Services
Metal Fabrication
Pipe and Pipeline Welding
Automotive Welding
Ship Welding
Artistic and Custom Welding
Direct Sales
Distributors and Wholesalers
Online Retail
Specialty Stores
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global GAS Welding Equipment Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global GAS Welding Equipment Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global GAS Welding Equipment Market, By Type
6. Global GAS Welding Equipment Market, By Application
7. Global GAS Welding Equipment Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global GAS Welding Equipment Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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