How big is the Welding Equipment Market | Insights, Trends & Growth Analysis 2025

Code: MTA9705 Publication Date: Oct 2025

What is the size of Welding Equipment Market?

According to 6Wresearch internal database and industry insights, the Global Welding Equipment Market was valued at USD 12 Billion in 2024 and is expected to reach USD 17.42 Billion by 2031, growing at a compound annual growth rate of 5.60% during the forecast period (2025-2031).

The main drivers of this growth are the rising demand from automotive, construction, and energy sectors, increasing adoption of automation and robotics in welding, and technological advancements in welding equipment that improve efficiency, precision, and overall productivity across multiple industries.

Growth Factors for Welding Equipment Industry

  • The expanding automotive and transportation industries are increasing welding requirements.
  • Rising infrastructure and construction projects are fueling equipment demand.
  • Adoption of robotic welding systems is enhancing precision and productivity.
  • Growth in the oil, gas, and power industries requires advanced welding solutions.
  • Technological advancements are introducing efficient and eco-friendly welding equipment.

Welding Equipment Market Trends

Trends in the Welding Equipment Market indicate a growing acceptance of automated and robotic welding processes to become more effective and reliable. There is an increasing demand for energy-efficient and environmentally friendly welding equipment. Lightweight and portable welding equipment is also popular within SMEs. The increasing availability of digital monitoring, IoT, and AI in welding systems is helping to improve performance monitoring. Furthermore, the increase in renewable energy projects and aerospace manufacturing is driving demand for advanced welding equipment specifically aimed at applications requiring high strengths and highly complex fabrication.

Emerging Developments in the Welding Equipment Market

The developments in the Welding Equipment Market include the introduction of AI-based robotic welding equipment to decrease labour costs and ensure greater consistency. Businesses manufacturing equipment are entering the modular welding equipment market to meet manufacturing flexibility. Companies are investing in digital platforms to improve predictive maintenance and monitoring. Introduction of environmentally-friendly technologies in welding, such as low emissions, is occurring to support business sustainability goals. OEM partnerships with the automotive and aerospace sectors are increasing, while SMEs are leveraging low-cost, light-weight, portable welding equipment to build their capacity to support more work.

List of Leading Companies in the Welding Equipment Market

Some of the leading companies include:

  • Lincoln Electric Holdings Inc.
  • ESAB Corporation
  • Miller Electric (ITW Welding)
  • Panasonic Welding Systems Co. Ltd.
  • Fronius International GmbH
  • Kemppi Oy
  • Daihen Corporation

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