Peru Welding Equipment, Accessories & Consumables Market (2022-2028) | Industry, Share, Revenue, Outlook, Growth, Size, Forecast, Analysis, Trends, Value & COVID-19 IMPACT

Peru Welding Equipment, Accessories & Consumables Market Synopsis

The Peruvian welding equipment, accessories and consumables market is expected to witness moderate growth during the forecast period. Peru welding equipment, accessories & consumables market is a part of the  Latin America welding equipment, accessories & consumables market.

According to 6Wresearch, the Peru Welding Equipment, Accessories & Consumables Market size is likely to witness growth during 2022-28. The progress of Peru welding equipment, accessories & consumables industry is spurred by the increasing construction activities and the growing automotive industry. Additionally, the growth of the construction industry, rising investment in infrastructure development, and growing demand from the automotive industry are some of the major factors driving the growth of the welding equipment, accessories, and consumables market in Peru. Additionally, Lima is the largest region in the Peru welding equipment, accessories & consumables market, accounting for 37.9% of the market share. This is due to the large number of welding equipment manufacturers and suppliers located in Lima. The Piura region is the second largest market for welding equipment, accessories & consumables in Peru, accounting for 28.6% of the market. Arequipa is the third largest region, accounting for 18.4% of the market. Iquitos is the smallest region in the Peru welding equipment, accessories & consumables market, accounting for 15.1% of the market.

Market Analysis By Type

The Peru welding equipment, accessories and consumables market is segmented by product type into welding machines, welding accessories and welding consumables. Welding machines are further classified into arc welding machines, resistance welding machines and laser beam welding machines. Welding accessories include welding torches, welding cables and others. Welding consumables are classified into welding electrodes, welding wires and others.

Market Analysis By End User

On the basis of end user, the Peru welding equipment, accessories & consumables market is segmented by end user. The market for welding equipment, accessories & consumables in Peru can be divided into general fabrication, power generation, automotive, construction & infrastructure, heavy fabrication, shipbuilding, maintenance & repair and offshore. Currently, the general fabrication segment dominates the Peru and Global welding equipment, accessories & consumables market. 

Market Analysis By Competitive Landscape

The competitive landscape of the Peru welding equipment, accessories & consumables market is quite consolidated with the top three players accounting for a share of more than 60%. The key players in the market are Lincoln Electric Company, Illinois Tool Works Inc., and Colfax Corporation. These companies are engaged in product innovation and development to gain a competitive edge in the market. For instance, in 2019, Lincoln Electric launched its new welding machine ‘Power MIG 140C’ for light industrial applications. Additionally, the other key players in the Peru welding equipment, accessories & consumables market include Airgas Inc., ESAB Group, and voestalpine AG. These companies are focused on expanding their geographical reach to gain a larger share of the market. For instance, in 2018, ESAB opened a new facility in India to expand its operations in Asia Pacific.

COVID-19 Influence on the Peru welding equipment, accessories & consumables Market 

The Covid-19 had resulted in a slowdown in the Peru welding equipment, accessories & consumables market. Further, Peru is a South American country with a population of around 32 million. The country has a strong mining industry, which is the major contributor to its economy. In recent years, there has been an increasing demand for welding equipment and consumables in Peru, due to the growing construction and infrastructure development activities in the country.

Major Companies in the Market 

Major key players operating in the Peru welding equipment, accessories & consumables market are:

• Lincoln Electric
• ESAB
• Miller Electric
• Victor Technologies.

Key Attractiveness of the Report

• COVID-19 Influence on the Market Dynamics.
• 10 Years of Market Data.
• Historical Numbers from 2018 to 2021.
• Base Year: 2021
• Market Forecast Data Until 2028
• Key Performance Indicators Influencing the Market.
• Key Developments and Projects.

Key Highlights of the Report:

• Peru Welding Equipment, Accessories & Consumables Market Outlook
• Market Size of Peru Welding Equipment, Accessories & Consumables Market, 2021
• Forecast of Peru Welding Equipment, Accessories & Consumables Market, 2028
• Historical Data and Forecast of Peru Welding Equipment, Accessories & Consumables Revenues & Volume for the Period 2018 - 2028
• Peru Welding Equipment, Accessories & Consumables Market Trend Evolution
• Peru Welding Equipment, Accessories & Consumables Market Drivers and Challenges
• Peru Welding Equipment, Accessories & Consumables Price Trends
• Peru Welding Equipment, Accessories & Consumables Porter's Five Forces
• Peru Welding Equipment, Accessories & Consumables Industry Life Cycle
• Historical Data and Forecast of Peru Welding Equipment, Accessories & Consumables Market Revenues & Volume By Equipment for the Period 2018 - 2028
• Historical Data and Forecast of Peru Welding Equipment, Accessories & Consumables Market Revenues & Volume By Electrodes & Filler Metal Equipment for the Period 2018 - 2028
• Historical Data and Forecast of Peru Welding Equipment, Accessories & Consumables Market Revenues & Volume By Oxy-fuel Gas Equipment for the Period 2018 - 2028
• Historical Data and Forecast of Peru Welding Equipment, Accessories & Consumables Market Revenues & Volume By Other Equipment for the Period 2018 - 2028
• Historical Data and Forecast of Peru Welding Equipment, Accessories & Consumables Market Revenues & Volume By Based on the Accessory for the Period 2018 - 2028
• Historical Data and Forecast of Peru Welding Equipment, Accessories & Consumables Market Revenues & Volume By Protective Gear for the Period 2018 - 2028
• Historical Data and Forecast of Peru Welding Equipment, Accessories & Consumables Market Revenues & Volume By Gas Manifolds for the Period 2018 - 2028
• Historical Data and Forecast of Peru Welding Equipment, Accessories & Consumables Market Revenues & Volume By Flow Controllers for the Period 2018 - 2028
• Historical Data and Forecast of Peru Electrodes & Filler Metal Equipment Welding Equipment, Accessories & Consumables Market Revenues & Volume By Gas Panels for the Period 2018 - 2028
• Historical Data and Forecast of Peru Welding Equipment, Accessories & Consumables Market Revenues & Volume By Consumable for the Period 2018 - 2028
• Historical Data and Forecast of Peru Welding Equipment, Accessories & Consumables Market Revenues & Volume By Electrodes & Filler Materials for the Period 2018 - 2028
• Historical Data and Forecast of Peru Welding Equipment, Accessories & Consumables Market Revenues & Volume By Gases for the Period 2018 - 2028
• Historical Data and Forecast of Peru Welding Equipment, Accessories & Consumables Market Revenues & Volume By Fluxes & Wires for the Period 2018 - 2028
• Historical Data and Forecast of Peru Welding Equipment, Accessories & Consumables Market Revenues & Volume By Technology for the Period 2018 - 2028
• Historical Data and Forecast of Peru Welding Equipment, Accessories & Consumables Market Revenues & Volume By Arc Welding for the Period 2018 - 2028
• Historical Data and Forecast of Peru Welding Equipment, Accessories & Consumables Market Revenues & Volume By Oxy-fuel Welding for the Period 2018 - 2028
• Historical Data and Forecast of Peru Welding Equipment, Accessories & Consumables Market Revenues & Volume By Others for the Period 2018 - 2028
• Historical Data and Forecast of Peru Welding Equipment, Accessories & Consumables Market Revenues & Volume By End-Use Industry for the Period 2018 - 2028
• Historical Data and Forecast of Peru Welding Equipment, Accessories & Consumables Market Revenues & Volume By General Fabrication for the Period 2018 - 2028
• Historical Data and Forecast of Peru Welding Equipment, Accessories & Consumables Market Revenues & Volume By Power Generation for the Period 2018 - 2028
• Historical Data and Forecast of Peru Welding Equipment, Accessories & Consumables Market Revenues & Volume By Automotive for the Period 2018 - 2028
• Historical Data and Forecast of Peru Welding Equipment, Accessories & Consumables Market Revenues & Volume By Construction & Infrastructure for the Period 2018 - 2028
• Historical Data and Forecast of Peru Welding Equipment, Accessories & Consumables Market Revenues & Volume By Heavy Fabrication for the Period 2018 - 2028
• Historical Data and Forecast of Peru Welding Equipment, Accessories & Consumables Market Revenues & Volume By Shipbuilding for the Period 2018 - 2028
• Historical Data and Forecast of Peru Welding Equipment, Accessories & Consumables Market Revenues & Volume By Maintenance & Repair for the Period 2018 - 2028
• Historical Data and Forecast of Peru Welding Equipment, Accessories & Consumables Market Revenues & Volume By Offshore for the Period 2018 - 2028
• Peru Welding Equipment, Accessories & Consumables Import Export Trade Statistics
• Market Opportunity Assessment By Equipment
• Market Opportunity Assessment By Consumable
• Market Opportunity Assessment By Technology
• Market Opportunity Assessment By End-Use Industry
• Peru Welding Equipment, Accessories & Consumables Top Companies Market Share
• Peru Welding Equipment, Accessories & Consumables Competitive Benchmarking By Technical and Operational Parameters
• Peru Welding Equipment, Accessories & Consumables Company Profiles
• Peru Welding Equipment, Accessories & Consumables Key Strategic Recommendations

Markets Covered

The report provides a broad study of the subsequent market segments:

By Equipment 

• Electrodes & Filler Metal Equipment
• Oxy-Fuel Gas Equipment
• Other Equipment, based on the Accessory, Protective Gear, Gas Manifolds, Flow Controllers, Gas Panels

By Consumable 

• Electrodes & Filler Materials
• Gases
• Fluxes & Wires

By Technology

• Arc Welding
• Oxy-Fuel Welding
• Others

By End-Use Industry

• General Fabrication
• Power Generation
• Automotive
• Construction & Infrastructure
• Heavy Fabrication
• Shipbuilding
• Maintenance & Repair
• Offshore

Peru Welding Equipment, Accessories & Consumables Market: FAQs