Arc Welding Equipment Market

Growing adoption in shipbuilding sector is driving the market growth

The arc welding equipment is a crucial component of the shipbuilding industry because it allows employees to quickly and accurately join and repair steel structures. The method is used to build bulkheads, decks, and other structural elements on ships and other vessels. Industry veterans claim that as vessels have grown bigger and more complicated, there has been a substantial increase in demand for arc welding techniques recently. In the shipbuilding sector, arc welding processes such as flux-cored arc welding (FCAW), shielded metal arc welding (SMAW), gas metal arc welding (GMAW), and submerged arc welding (SAW) are all used.

These methods are employed for ship repairs and offshore structure maintenance as well as the joining of various metals, such as steel and aluminum. As a result, this element also influences the need for arc welding equipment.

Due to a lack of qualified labor in the manufacturing and processing industries, there is a considerable increase in demand for automated or robotic arc welding equipment, which is propelling the market. The expansion of the country's infrastructure is receiving significant government funding. Demand for the product should increase as the number of construction projects increases. Additionally, shipbuilding, steel structure production, aircraft, and defense all require arc welding equipment. The installation of power-grid technology for the production of renewable energy is a potential prospect for the expansion of the arc welding equipment business.

Further promoting market expansion is the automotive industry's deployment of automated arc welding technology to meet the rising demand for passenger automobiles around the world.

The adoption of wind energy has grown dramatically during the last couple of years, according to the Global Wind Energy Council. Manufacturers of welding equipment could experience growth in the wind energy sector. Governments all around the world have imposed severe limits on the emissions of harmful gases like carbon because of environmental concerns. This in turn increases the demand for wind energy globally. Furthermore, the expansion of the arc welding equipment market is anticipated to be fueled by rising clean energy demand, notably in Europe and North America.

This is due to the anticipated requirement for electrical grid infrastructure and the production of necessary parts to ensure that electricity is transmitted from wind energy fields to end-user companies in addition to the residential and commercial sectors across various nations.

Furthermore, due to its capacity to unite the majority of metals, arc welding has established itself as the most popular method of welding. Arc welding is used in both the production and maintenance of aircraft parts. The three types of welding— shielded metal arc welding, gas metal arc welding, and gas tungsten arc welding—all use an electric arc to concentrate heat, melt, and join the metals together. As a result, this aspect fuels the need for arc welding equipment. Thus, driving the arc welding equipment market revenue.

The Global Arc Welding Equipment Market Industry is poised for substantial growth, with projections indicating a market size of 4.56 USD Billion in 2024 and an anticipated increase to 7.98 USD Billion by 2035. This growth trajectory reflects a compound annual growth rate of 5.23% from 2025 to 2035, driven by various factors such as technological advancements, rising infrastructure development, and increasing demand for automation. The market's expansion is indicative of the evolving landscape of welding technologies and the industry's ability to adapt to changing demands. As these trends continue to unfold, the Global Arc Welding Equipment Market is likely to witness significant transformations in the coming years.

The Global Arc Welding Equipment Market Industry experiences a notable surge in demand for automation across various sectors, including automotive and manufacturing. As industries strive for efficiency and precision, automated welding solutions are increasingly adopted. This trend is reflected in the projected market growth, with the industry expected to reach 4.56 USD Billion in 2024. Automation not only enhances productivity but also reduces labor costs, making it a compelling choice for manufacturers. The integration of advanced technologies, such as robotics and artificial intelligence, further propels this demand, indicating a transformative shift in welding practices globally.

Infrastructure development plays a pivotal role in driving the Global Arc Welding Equipment Market Industry. Governments worldwide are investing heavily in infrastructure projects, including bridges, highways, and buildings, which necessitate robust welding solutions. This investment is expected to contribute significantly to the market, with projections indicating a growth to 7.98 USD Billion by 2035. The need for durable and high-quality welds in these projects emphasizes the importance of advanced welding equipment. As urbanization continues to rise, the demand for reliable welding technologies is likely to increase, further solidifying the industry's position in the global market.

The shift towards lightweight materials in industries such as aerospace and automotive is influencing the Global Arc Welding Equipment Market Industry. As manufacturers seek to enhance fuel efficiency and reduce emissions, the need for effective welding solutions for materials like aluminum and composites is rising. This trend necessitates specialized welding equipment capable of handling these materials, thereby driving market growth. The industry's adaptability to these changing material requirements is crucial for maintaining competitiveness. As the demand for lightweight materials continues to grow, the market is likely to witness increased investments in advanced welding technologies tailored to these applications.

Technological advancements are reshaping the Global Arc Welding Equipment Market Industry, leading to the development of innovative welding solutions. The introduction of inverter technology, which enhances energy efficiency and portability, is one such advancement. These innovations not only improve the performance of welding equipment but also cater to the evolving needs of various industries. As a result, manufacturers are increasingly investing in research and development to stay competitive. The anticipated compound annual growth rate of 5.23% from 2025 to 2035 underscores the significance of these advancements in driving market growth and meeting the demands of modern welding applications.

Environmental regulations and sustainability initiatives are becoming increasingly influential in the Global Arc Welding Equipment Market Industry. As governments implement stricter regulations on emissions and waste management, manufacturers are compelled to adopt eco-friendly welding practices. This shift not only aligns with global sustainability goals but also enhances the reputation of companies within the industry. The focus on reducing the environmental impact of welding processes is driving innovation in equipment design and materials used. Consequently, the market is expected to evolve in response to these regulations, fostering the development of sustainable welding solutions that meet both regulatory requirements and consumer expectations.

By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American arc welding equipment market area will dominate this market due to rising automation developments in developing nations during the course of the forecast. The building of solar & hybrid power plants is necessary given the growing preference for renewable energy sources. Over the projected period, this is anticipated to support the growth of the arc welding equipment market.

Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2: Arc Welding Equipment Market Share By Region 2022 (USD Billion)Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Europe arc welding equipment market accounts for the second-largest market share. The key European markets for the product are anticipated to be the United Kingdom, Germany, Italy, and France due to the advancement of automation in these countries. Given the rising popularity of renewable energy sources, hybrid and solar power plants need to be built. This is predicted to assist the expansion of the arc welding equipment market throughout the course of the forecast year.

Further, the German arc welding equipment market held the largest market share, and the UK arc welding equipment market was the fastest growing market in the European region

The Asia-Pacific Arc Welding Equipment Market is expected to grow at the fastest CAGR from 2023 to 2032. The expansion of the market in the APAC region is being driven by the expanding automotive industry, the accessibility of inexpensive arc welding equipment and low labor costs, growing urbanization and industrialization in developing economies, rising construction spending, the expansion of infrastructure like highways, bridges, and tunnels, and the abundance of skilled welders. Moreover, China’s arc welding equipment market held the largest market share, and the Indian arc welding equipment market was the fastest growing market in the Asia-Pacific region.

Leading market players are investing heavily in research and development in order to expand their product lines, which will help the arc welding equipment market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, arc welding equipment industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global arc welding equipment industry to benefit clients and increase the market sector. In recent years, the arc welding equipment industry has offered some of the most significant advantages to medicine. Major players in the arc welding equipment market are attempting to increase market demand by investing in research and development operations includes Colfax Corporation, Telwin Spa, The Lincoln Electric Company, Air Liquide S.A, Arcon Welding Equipment, Automation International Inc., Miller Electric Mfg. LLC and Others.

Lincoln Electric Holdings Inc. (Lincoln Electric) creates, develops, and manufactures products for welding, cutting, and brazing. The firm sells a variety of welding equipment, including arc welding power sources, plasma cutters, integrated automation systems, wire feeding systems, fume extractor devices, fluxes, consumable electrodes, robotic welding packages, and welding accessories. The company also offers CNC plasma and oxy-fuel cutting systems, as well as regulators and torches for cutting, oxy-fuel welding, and brazing.

Industrial gas is provided by Air Liquide SA (Air Liquide). The firm also manufactures gases including nitrogen, oxygen, and hydrogen in addition to argon and other rare gases. This firm provides these gases to clients in a range of sectors, including steel, food and pharmaceuticals, electronics, automotive, chemicals, and manufacturing. The business creates processing facilities and associated infrastructure.