Global Inverter Welding Equipment Market Size & Outlook
Global inverter welding equipment market, 2018-2030 (US$M)
Related Markets
Global inverter welding equipment market highlights
- The global inverter welding equipment market generated a revenue of USD 4,954.7 million in 2024 and is expected to reach USD 6,844.5 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 5.5% by 2030.
- In terms of segment, mechanized arc welding accounted for a revenue of USD 3,955.4 million in 2024.
- Mechanized Arc Welding is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, China is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 4,954.7 million |
| Market revenue in 2030 | USD 6,844.5 million |
| Growth rate | 5.5% (CAGR from 2025 to 2030) |
| Largest segment | Mechanized arc welding |
| Fastest growing segment | Mechanized Arc Welding |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Manual Arc Welding, Mechanized Arc Welding |
Other key industry trends
- In terms of revenue, the North America accounted for 25.2% of the global inverter welding equipment market in 2024.
- By country, the India is projected to lead the global market in terms of revenue in 2030.
- By country, China is the fastest growing regional market and is projected to reach USD 1,291.6 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Inverter Welding Equipment Market Scope
Inverter Welding Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Migatronic | View profile | 251-500 | Fjerritslev, Nordjylland, Denmark, Europe | https://www.migatronic.com/da |
| GYS | View profile | 251-500 | Saint-berthevin, Pays de la Loire, France, Europe | http://www.gys.fr/ |
| Fronius | View profile | 5001-10000 | Getafe, Madrid, Spain, Europe | https://www.fronius.com/es-es/spain |
| Miller Electric Company | View profile | 1001-5000 | Jacksonville, Florida, United States, North America | https://www.mecojax.com |
| Kemppi | View profile | 501-1000 | Lahti, Southern Finland, Finland, Europe | http://www.kemppi.com/ |
| Ador Welding | View profile | 501-1000 | Mumbai, Maharashtra, India, Asia | https://www.adorwelding.com/ |
| Panasonic Industry | View profile | 1001-5000 | Ottobrunn, Bayern, Germany, Europe | https://www.panasonic-electric-works.co.uk |
| Voestalpine AG | View profile | 50712 | Voestalpine-Strasse 1, Linz, Austria, 4020 | https://www.voestalpine.com |
| ESAB Corp | View profile | 9000 | 909 Rose Avenue, 8th Floor, North Bethesda, MD, United States, 20852 | https://www.esabcorporation.com |
| Lincoln Electric Holdings Inc | View profile | 12000 | 22801 Street Clair Avenue, Cleveland, OH, United States, 44117 | https://www.lincolnelectric.com |
Global inverter welding equipment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to inverter welding equipment market will help companies and investors design strategic landscapes.
Mechanized arc welding was the largest segment with a revenue share of 79.83% in 2024. Horizon Databook has segmented the Global inverter welding equipment market based on manual arc welding, mechanized arc welding covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Inverter Welding Equipment Type Outlook (Revenue, USD Million, 2018-2030)
- Manual Arc Welding
- Technology
- TIG
- Energy
- Automotive
- Oil & Gas
- Aerospace
- Building & Construction
- Marine
- Others
- Plasma
- MIG
- Marine
- Others
- Building & Construction
- Oil & Gas
- Aerospace
- Automotive
- Energy
- TIG
- Technology
- Mechanized Arc Welding
- Technology
- MIG
- Energy
- Oil & Gas
- Others
- Automotive
- Marine
- Aerospace
- Building & Construction
- TIG
- Automotive
- Energy
- Marine
- Aerospace
- Others
- Building & Construction
- Oil & Gas
- Plasma
- MIG
- Technology
- Manual Arc Welding
Reasons to subscribe to Global inverter welding equipment market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global inverter welding equipment market databook
-
Our clientele includes a mix of inverter welding equipment market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global inverter welding equipment market , including forecasts for subscribers. This global databook contains high-level insights into Global inverter welding equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global inverter welding equipment market size, by regions, 2018-2030 (US$M)
Top 10 countries: Inverter welding equipment market size, 2024 (US$M)
Global inverter welding equipment market share, by type, 2024 & 2030 (%, US$M)
Inverter welding equipment market: Opportunity assessment by country
Global inverter welding equipment market, by region, 2024 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
