How big is the Welding Industry Market | Insights, Forecast & Analysis 2025

Code: MTA9706 Publication Date: Oct 2025

What is the size of Welding Industry Market?

According to 6Wresearch internal database and industry insights, the Welding Industry Market was valued at USD 29.7 billion in 2024 and is expected to reach USD 44.8 billion by 2031, growing at a CAGR of 6.1% during 2025-2031.

The main drivers of this growth are the rising demand from construction and infrastructure development, the expansion of automotive, aerospace, and shipbuilding industries, and the adoption of automated welding technologies that improve efficiency, precision, and scalability across industrial manufacturing applications.

Growth Factors for Welding Industry

  • Growing construction and infrastructure projects fuel welding demand.
  • Expansion of the automotive, aerospace, and shipbuilding industries.
  • Increasing adoption of robotic and automated welding solutions.
  • Rising industrialisation in emerging economies is boosting market growth.
  • Demand for repair and maintenance welding in energy and heavy industries.

Welding Industry Market Trends

The trends in the Welding Industry Market are leaning towards higher integration of robotics and automation into production lines. Environmentally responsible welding solutions are on the rise as sustainability is becoming a top priority. The increases in high-strength alloys and specialised materials are elevating the demand for innovative approaches to welding. Digital management platforms for welding are optimising production and quality control standards. Portable and lighter-weight equipment is becoming more popular amongst small and medium enterprises. Plus, strong demand from renewable energy projects and aerospace is guiding future investments in welding technology.

Emerging Developments in the Welding Industry Market

The developments in the Welding Industry Market include the arrival of AI-enabled welding robots, which are capable of predictive analytics and real-time monitoring. Companies are making investments in research for eco-friendly flux and electrodes. Manufacturers are expanding offerings with advanced automation-ready systems. E-commerce platforms are improving access to welding equipment and consumables. Cross-industry collaborations between welding businesses and construction or automotive OEMs are resulting in accelerated adoption of new technology. Furthermore, consortia and associations are advocating for training and skills development programs to counteract the labour shortage and improve welding quality standards.

List of Leading Companies in the Welding Industry Market

Some of the leading companies include:

  • Lincoln Electric Holdings Inc.
  • ESAB Corporation
  • Fronius International GmbH
  • Miller Electric (ITW Welding)
  • Panasonic Welding Systems Co. Ltd.
  • Kobe Steel Ltd.
  • Hyundai Welding Co. Ltd.

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