Global Welding Products Market Size & Outlook, 2025-2030
Global welding products market, 2018-2030 (US$M)
Related Markets
Global welding products market highlights
- The global welding products market generated a revenue of USD 15,304.4 million in 2024 and is expected to reach USD 19,939.8 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 4.6% by 2030.
- In terms of segment, arc welding accounted for a revenue of USD 5,764.4 million in 2024.
- Oxy-Fuel Welding is the most lucrative technology 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 15,304.4 million |
| Market revenue in 2030 | USD 19,939.8 million |
| Growth rate | 4.6% (CAGR from 2025 to 2030) |
| Largest segment | Arc welding |
| Fastest growing segment | Oxy-Fuel Welding |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Arc Welding, Resistance Welding, Oxy-Fuel Welding, Laser Beam Welding |
Other key industry trends
- In terms of revenue, the North America accounted for 18.3% of the global welding products market in 2024.
- By country, the China 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 3,690.4 million by 2030.
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Welding Products Market Scope
Welding Products Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Kemppi | View profile | 501-1000 | Lahti, Southern Finland, Finland, Europe | http://www.kemppi.com/ |
| Mitco Global | View profile | 11-50 | Auburn, Washington, United States, North America | https://mitcoglobal.com |
| Ador Welding | View profile | 501-1000 | Mumbai, Maharashtra, India, Asia | https://www.adorwelding.com/ |
| Voestalpine AG | View profile | 50712 | Voestalpine-Strasse 1, Linz, Austria, 4020 | https://www.voestalpine.com |
| Lincoln Electric Holdings Inc | View profile | 12000 | 22801 Street Clair Avenue, Cleveland, OH, United States, 44117 | https://www.lincolnelectric.com |
| Enovis Corp | View profile | 6550 | 2711 Centerville Road, Suite 400, Wilmington, DE, United States, 19808 | https://www.enovis.com |
| Illinois Tool Works Inc | View profile | 45000 | 155 Harlem Avenue, Glenview, IL, United States, 60025 | https://www.itw.com |
| Sandvik AB | View profile | 40614 | Kungsbron 1, Section G, Floor 6, Stockholm, Sweden, 111 22 | https://www.sandvik.com |
Global welding products 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 products market will help companies and investors design strategic landscapes.
Arc welding was the largest segment with a revenue share of 37.66% in 2024. Horizon Databook has segmented the Global welding products market based on arc welding, resistance welding, oxy-fuel welding, laser beam welding covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Welding Products Technology Outlook (Revenue, USD Million, 2018-2030)
- Arc Welding
- Stick Electrodes
- Solid Wires
- Flux Cored Wires
- Saw Wires and Fluxes
- Others
- Resistance Welding
- Oxy-Fuel Welding
- Laser Beam Welding
- Others
- Arc Welding
- Global Welding Products End Use Outlook (Revenue, USD Million, 2018-2030)
- Transportation & Automobiles
- Building & Construction
- Marine
- Others
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Target buyers of Global welding products market databook
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Our clientele includes a mix of welding products market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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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 welding products market , including forecasts for subscribers. This global databook contains high-level insights into Global welding products market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global welding products market size, by regions, 2018-2030 (US$M)
Top 10 countries: Welding products market size, 2023 (US$M)
Global welding products market share, by technology, 2023 & 2030 (%, US$M)
Welding products market: Opportunity assessment by country
Global welding products market, by region, 2024 (US$M)
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