The report includes profiles of 340+ major players such as ACRO Automation Systems, Carl Cloos Schweisstechnik, Coherent, Daihen, Denyo, ESAB, Hobart Brothers, KUKA, Panasonic, The Lincoln Electric Company and more.
Welding Machinery Market
Dublin, Feb. 10, 2025 (GLOBE NEWSWIRE) — The “Welding Machinery – Global Strategic Business Report” has been added to ResearchAndMarkets.com’s offering.
The global market for Welding Machinery was valued at US$15.5 Billion in 2024 and is projected to reach US$22.3 Billion by 2030, growing at a CAGR of 6.3% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts.
Technological advancements are significantly shaping the welding machinery market. Innovations in automation and robotics are enhancing the efficiency and precision of welding processes, reducing labor costs and increasing production speed. The development of advanced welding techniques, such as laser welding and friction stir welding, is expanding the range of applications and improving the quality of welds.
Integration of IoT and smart technologies is enabling real-time monitoring and control of welding parameters, ensuring consistent and high-quality welds. Additionally, advancements in welding materials and consumables are improving the performance and durability of welding machinery.
What Role Do Market Demands Play in This Industry?
Market demands are driving significant changes in the welding machinery market. The increasing complexity of manufacturing processes and the demand for high-quality and precise welds are boosting the adoption of advanced welding machinery. The growth of the construction and infrastructure sectors is driving demand for welding equipment used in building and maintaining structures. The automotive and aerospace industries’ focus on lightweight and durable materials is influencing the development of specialized welding machinery. Additionally, the push for automation and Industry 4.0 is prompting manufacturers to invest in automated and robotic welding solutions to enhance productivity and reduce operational costs.
What Factors Are Driving Market Growth?
The growth in the welding machinery market is driven by several factors, including advancements in welding technology, increasing demand from key industries, and the push for automation. Technological innovations, such as robotic welding and advanced welding techniques, are enhancing the capabilities and efficiency of welding machinery. The expansion of the construction, automotive, and aerospace industries is a significant driver, as these sectors require reliable and precise welding solutions.
