North America Inverter Welding Equipment Market Size & Outlook
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North America inverter welding equipment market highlights
- The North America inverter welding equipment market generated a revenue of USD 1,249.5 million in 2024.
- The market is expected to grow at a CAGR of 4.6% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2025 to 2030.
North America data book summary
| Market revenue in 2024 | USD 1,249.5 million |
| Market revenue in 2030 | USD 1,632.4 million |
| Growth rate | 4.6% (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, North America region accounted for 25.2% of the global inverter welding equipment market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,638.7 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 |
North America 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 80.69% in 2024. Horizon Databook has segmented the North America 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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Horizon Databook provides a detailed overview of continent-level data and insights on the North America inverter welding equipment market , including forecasts for subscribers. This continent databook contains high-level insights into North America inverter welding equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
North America inverter welding equipment market size, by country, 2018-2030 (US$M)
North America Inverter Welding Equipment Market Outlook Share, 2024 & 2030 (US$M)
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