How big is the Welding Market | Industry Trends & Forecast 2025

Code: MTA9708 Publication Date: Oct 2025

What is the size of Welding Market?

According to 6Wresearch internal database and industry insights, the Global Welding Market was valued at USD 19.5 billion in 2024 and is expected to reach USD 26.8 billion by 2031, growing at a compound annual growth rate of 5.20% during the forecast period (2025-2031).

The main drivers of this growth are the rising demand from infrastructure development, expansion of automotive and aerospace industries, and the growing adoption of automated welding technologies that enhance efficiency, quality, and productivity across diverse industrial and manufacturing applications worldwide.

Growth Factors for Welding Industry

  • Expansion of infrastructure and construction projects is fuelling demand.
  • Growing automotive, aerospace, and shipbuilding sectors are boosting adoption.
  • Increasing deployment of robotic and automated welding systems.
  • Rising industrialisation in developing economies is supporting manufacturing growth.
  • Demand for repair and maintenance activities across heavy industries.

Welding Market Trends

The trends in the welder market point to continued investment by manufacturers in robotic welding systems to reduce labour costs while increasing quality consistency. There is a growing demand for green electrodes and low-emission equipment aligned with sustainability initiatives. Tools for monitoring the welding process that use AI and IoT are enhancing the quality management of the welding process. In addition, demand for advanced welding solutions is driven by an increase in high-strength materials being used in automotive and aerospace industries, and new applications for welding in the renewable energy sector for water turbines, pipelines, and structural fabrication.

Emerging Developments in the Welding Market

The emerging developments in the welding market are the introduction of AI-assisted welding robots with predictive analytics to enhance welders' workspace efficiency. Manufacturers are also investing in eco-friendly consumables and coatings to satisfy sustainability criteria. Companies are branching into digital platforms that offer real-time equipment monitoring and predictive maintenance. Enhanced collaboration with OEMs in automotive and construction sectors are accelerating product innovation. Programs to develop the workforce capabilities, addressing high turnover and labour shortages, are being established. Furthermore, companies are considering mergers and acquisitions to grow product breadth and geographical reach.

List of Leading Companies in the Welding 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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