Market revenue in 2023 | USD 19,715.8 million |
Market revenue in 2030 | USD 27,765.7 million |
Growth rate | 5% (CAGR from 2023 to 2030) |
Largest segment | Arc welding |
Fastest growing segment | Laser Beam Welding |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Arc Welding, Resistance Welding, Laser Beam Welding, Oxy-Fuel Welding, Other Technology |
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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 welding equipment market will help companies and investors design strategic landscapes.
arc welding was the largest segment with a revenue share of 70.56% in 2023. Horizon Databook has segmented the Global welding equipment market based on arc welding, resistance welding, laser beam welding, oxy-fuel welding, other technology covering the revenue growth of each sub-segment from 2018 to 2030.
Horizon Databook provides a detailed overview of global-level data and insights on the Global welding equipment market , including forecasts for subscribers. This global databook contains high-level insights into Global welding equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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