India Inverter Welding Equipment Market Size & Outlook
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India inverter welding equipment market highlights
- The India inverter welding equipment market generated a revenue of USD 64,328.2 million in 2024 and is expected to reach USD 94,341.2 million by 2030.
- The India market is expected to grow at a CAGR of 6.6% from 2025 to 2030.
- In terms of segment, mechanized arc welding was the largest revenue generating type in 2024.
- Mechanized Arc Welding is the most lucrative type segment registering the fastest growth during the forecast period.
Inverter welding equipment market data book summary
| Market revenue in 2024 | USD 64,328.2 million |
| Market revenue in 2030 | USD 94,341.2 million |
| Growth rate | 6.6% (CAGR from 2025 to 2030) |
| Largest segment | Mechanized arc welding |
| Fastest growing segment | Mechanized Arc Welding |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Manual Arc Welding, Mechanized Arc Welding |
Other key industry trends
- In terms of revenue, India accounted for 1,298.3% of the global inverter welding equipment market in 2024.
- Country-wise, India is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, India inverter welding equipment market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,291.6 million by 2030.
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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 |
India 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 78.41% in 2024. Horizon Databook has segmented the India inverter welding equipment market based on manual arc welding, mechanized arc welding covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of inverter welding equipment market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India inverter welding equipment market , including forecasts for subscribers. This country databook contains high-level insights into India inverter welding equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India inverter welding equipment market size, by type, 2018-2030 (US$M)
India Inverter Welding Equipment Market Outlook Share, 2024 & 2030 (US$M)
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