Italy Welding Equipment Market Size & Outlook, 2023-2030

The welding equipment market in Italy is expected to reach a projected revenue of US$ 574.8 million by 2030. A compound annual growth rate of 4.1% is expected of Italy welding equipment market from 2024 to 2030.
Revenue, 2023 (US$M)
$435.2
Forecast, 2030 (US$M)
$574.8
CAGR, 2024 - 2030
4.1%
Report Coverage
Italy

Italy welding equipment market highlights

  • The Italy welding equipment market generated a revenue of USD 435.2 million in 2023 and is expected to reach USD 574.8 million by 2030.
  • The Italy market is expected to grow at a CAGR of 4.1% from 2024 to 2030.
  • In terms of segment, arc welding was the largest revenue generating technology in 2023.
  • Laser Beam Welding is the most lucrative technology segment registering the fastest growth during the forecast period.


Welding equipment market data book summary

Market revenue in 2023USD 435.2 million
Market revenue in 2030USD 574.8 million
Growth rate4.1% (CAGR from 2023 to 2030)
Largest segmentArc welding
Fastest growing segmentLaser Beam Welding
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationArc Welding, Resistance Welding, Laser Beam Welding, Oxy-Fuel Welding, Other Technology
Key market players worldwideLincoln Electric Holdings Inc, ACRO AUTOMATION SYSTEMS, INC., Illinois Tool Works Inc, Voestalpine AG, Carl Cloos Schweisstechnik, OTC DAIHEN, Panasonic Industry, ESAB Corp, Coherent Corp, Ador Welding, Mitco Global, POLYSOUDE, Kemppi


Other key industry trends

  • In terms of revenue, Italy accounted for 2.2% of the global welding equipment market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Europe, Germany welding equipment market is projected to lead the regional market in terms of revenue in 2030.
  • France is the fastest growing regional market in Europe and is projected to reach USD 846.9 million by 2030.

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Welding Equipment Market Scope

Welding equipment market segmentation & scope
Shielded Metal/Stick Arc Welding
MIG
TIG
Plasma Arc Welding
Other Arc Welding
Resistance Welding
Laser Beam Welding
Oxy-Fuel Welding
Other Technology
Automatic
Semi-Automatic
Manual
Aerospace
Automotive
Building & Construction
Energy
Oil & Gas
Marine
Other End-use

Welding Equipment Market Companies

Name Profile # Employees HQ Website

Italy 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 welding equipment market will help companies and investors design strategic landscapes.


Arc welding was the largest segment with a revenue share of 70.43% in 2023. Horizon Databook has segmented the Italy 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.


The country's economic growth is expected to recover gradually on account of several factors including rising disposable income, high public investment, reduced social security charges & tax burdens, and tax incentives for businesses. In addition, the construction sector is a vital part of the country's economy.

Investments in the construction sector are anticipated to grow in the coming years owing to the continuation of public works, which is expected to drive the demand for construction chemicals. The growth of the construction sector is expected to drive demand for welding equipment.

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  • Our clientele includes a mix of welding equipment market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy welding equipment market , including forecasts for subscribers. This country databook contains high-level insights into Italy welding equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Italy welding equipment market size, by technology, 2018-2030 (US$M)

Italy Welding Equipment Market Outlook Share, 2023 & 2030 (US$M)

Italy welding equipment market size, by technology, 2018-2030 (US$M)

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