Europe Welding Equipment Market Introduction and Overview
According to SPER Market Research, the Europe Welding Equipment Market is estimated to reach USD XX billion by 2033 with a CAGR of 4.74%.
The report includes an in-depth analysis of the Europe Welding Equipment Market, including market size and trends, product mix, distribution channels, and supplier analysis. Welding is a crucial technique used in the manufacturing industry. Manufacturing is the European economy's backbone. Welding equipment includes a wide variety of tools, machines, and technology used in the process of fusing metals together using heat and pressure. This critical industrial process is used in a variety of industries, including construction, manufacturing, automotive, aerospace, and others.
- Lincoln Electric Holdings, Inc. announced in October 2022 that it has signed an agreement to purchase Fori Automation, Inc. The purchase will accelerate the automation growth strategy by providing new complementary capabilities, improved scale, and worldwide reach.
- Kemppi introduces the X5 FastMig Pulse welding device, designed specifically for industrial application, in October 2022. The modular welding solution is designed to be used in a range of situations, allowing manufacturers to create the assembly that best suits their needs.
Market Opportunities and Challenges
The European welding equipment industry offers a variety of opportunities and challenges to organizations who operate in it. On the plus side, the construction industry's sustained growth, combined with the changing demands of the automobile industry, provides a sizable customer base. Furthermore, the growing emphasis on renewable energy sources and the thriving aerospace industry provide niche prospects for specialist welding equipment. Furthermore, current technological improvements, such as automation and augmented reality, can boost productivity and quality.
However, because this sector is so competitive, constant innovation is required to keep ahead. Economic uncertainty, which can influence investment decisions, the continual demand for specialized workers, and evolving environmental and safety laws are all challenges. Companies must also address supply chain disruptions and adapt to shifting trade dynamics, as evidenced by Brexit's impact. In this fast-paced sector, handling these opportunities and difficulties needs a dedication to innovation, compliance, and agility.
Market Competitive Landscape
Europe is home to some of the world's leading manufacturers of welding equipment, such as Kemppi Oyy and Elektriska Svetsnings-Aktiebolaget (ESAB), the European welding equipment industry appears to be partially concentrated. Additionally, certain regional firms are joining the market with a primary focus on sophisticated technology, resulting in healthy market rivalry.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Type, By Process, By End User
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| Regions covered | France, Germany, Italy, Netherlands, Spain, United Kingdom, Rest of Europe
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| Companies Covered | AMADA WELD TECH, Carl Cloos Schweisstechnik GmbH, CEBORA S.p.A, Denyo Co. Ltd, Elektriska Svetsnings-Aktiebolaget (ESAB), EWM AG, Fronius International GmbH, Hobart Welders, Lincoln Electric Holdings Inc., Obara Corporation, Polysoude SAS.
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COVID-19 Impact on Europe Welding Equipment Market
The epidemic of COVID-19 had a severe influence on the European welding equipment market. Initially, the market encountered supply chain problems as a result of lockdowns and limitations on the flow of goods and persons. As a result, raw supplies and components needed to manufacture welding equipment were delayed. Furthermore, the epidemic slowed construction and industry operations throughout Europe, reducing the immediate demand for welding equipment. Many construction projects have been delayed or canceled, while manufacturing factories have been temporarily shut down or are operating at reduced capacity.
Key Target Audience:
- Manufacturers and Suppliers
- Construction Industry
- Metal Fabrication and Manufacturing
- Oil and Gas Sector
- Government Agencies and Regulators
- Research and Development Organizations
Our in-depth analysis of the Europe Welding Equipment Market includes the following segments:
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By Type:
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Welding Equipment
Welding Consumables
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By Process:
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Arc Welding
Gas Welding
Soldering and Brazing
Resistance Welding
Forge Welding
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By End User:
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Construction and Infrastructure
Oil and Gas
Energy and Power
Automotive and Shipbuilding
Aerospace and Defence
Heavy Engineering
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Key Topics Covered in the Report:
- Europe Welding Equipment Market Size (FY’2023-FY’2033)
- Overview of Europe Welding Equipment Market
- Segmentation of Europe Welding Equipment Market By Type (Welding Equipment and Welding Consumables)
- Segmentation of Europe Welding Equipment Market By Process (Arc Welding, Gas Welding, Soldering and Brazing, and Other Processes)
- Segmentation of Europe Welding Equipment Market By End User (Construction and Infrastructure, Oil and Gas, Energy and Power, Automotive and Shipbuilding, Aerospace and Defense, Heavy Engineering, Railways, and Other End Users)
- Statistical Snap of Europe Welding Equipment Market
- Expansion Analysis of Europe Welding Equipment Market
- Problems and Obstacles in Europe Welding Equipment Market
- Competitive Landscape in the Europe Welding Equipment Market
- Impact of COVID-19 and Demonetization on Europe Welding Equipment Market
- Details on Current Investment in Europe Welding Equipment Market
- Competitive Analysis of Europe Welding Equipment Market
- Prominent Players in the Europe Welding Equipment Market
- SWOT Analysis of Europe Welding Equipment Market
- Europe Welding Equipment Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Europe Welding Equipment Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Europe Welding Equipment Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Europe Welding Equipment Market
7. Europe Welding Equipment Market, By Type (USD Million)
7.1. Europe Welding Equipment Market Value Share and Forecast, By Type, 2023-2033
7.2. Welding Equipment
7.3. Welding Consumables
8. Europe Welding Equipment Market, By Process (USD Million)
8.1. Europe Welding Equipment Market Value Share and Forecast, By Process, 2023-2033
8.2. Arc Welding
8.3. Gas Welding
8.4. Soldering and Brazing
8.5. Resistance Welding
8.6. Forge Welding
8.7. Others
9. Europe Welding Equipment Market, By End User (USD Million)
9.1. Europe Welding Equipment Market Value Share and Forecast, By End User, 2023-2033
9.2. Construction and Infrastructure
9.3. Oil and Gas
9.4. Energy and Power
9.5. Automotive and Shipbuilding
9.6. Aerospace and Defence
9.7. Heavy Engineering
9.8. Railways
9.9. Others
10. Europe Welding Equipment Market Forecast, 2019-2033 (USD Million)
10.1. Europe Welding Equipment Market Size and Market Share
11. Europe Welding Equipment Market, By Type, 2019-2033 (USD Million)
11.1. Europe Welding Equipment Market Size and Market Share By Type (2019-2026)
11.2. Europe Welding Equipment Market Size and Market Share By Type (2027-2033)
12. Europe Welding Equipment Market, By Process, 2019-2033 (USD Million)
12.1. Europe Welding Equipment Market Size and Market Share By Process (2019-2026)
12.2. Europe Welding Equipment Market Size and Market Share By Process (2027-2033)
13. Europe Welding Equipment Market, By End User, 2019-2033 (USD Million)
13.1. Europe Welding Equipment Market Size and Market Share By End User (2019-2026)
13.2. Europe Welding Equipment Market Size and Market Share By End User (2027-2033)
14. Europe Welding Equipment Market, By Region, 2019-2033 (USD Million)
14.1. Europe Welding Equipment Market Size and Market Share By Region (2019-2026)
14.2. Europe Welding Equipment Market Size and Market Share By Region (2027-2033)
14.3. France
14.4. Germany
14.5. Italy
14.6. Netherlands
14.7. Spain
14.8. United Kingdom
14.9. Rest of Europe
15. Company Profile
15.1. AMADA WELD TECH
15.1.1. Company details
15.1.2. Financial outlook
15.1.3. Product summary
15.1.4. Recent developments
15.2. Carl Cloos Schweisstechnik GmbH
15.2.1. Company details
15.2.2. Financial outlook
15.2.3. Product summary
15.2.4. Recent developments
15.3. CEBORA S.p.A
15.3.1. Company details
15.3.2. Financial outlook
15.3.3. Product summary
15.3.4. Recent developments
15.4. Denyo Co. Ltd
15.4.1. Company details
15.4.2. Financial outlook
15.4.3. Product summary
15.4.4. Recent developments
15.5. Elektriska Svetsnings-Aktiebolaget (ESAB)
15.5.1. Company details
15.5.2. Financial outlook
15.5.3. Product summary
15.5.4. Recent developments
15.6. EWM AG
15.6.1. Company details
15.6.2. Financial outlook
15.6.3. Product summary
15.6.4. Recent developments
15.7. Fronius International GmbH
15.7.1. Company details
15.7.2. Financial outlook
15.7.3. Product summary
15.7.4. Recent developments
15.8. Hobart Welders
15.8.1. Company details
15.8.2. Financial outlook
15.8.3. Product summary
15.8.4. Recent developments
15.9. Lincoln Electric Holdings Inc.
15.9.1. Company details
15.9.2. Financial outlook
15.9.3. Product summary
15.9.4. Recent developments
15.10. Obara Corporation
15.10.1. Company details
15.10.2. Financial outlook
15.10.3. Product summary
15.10.4. Recent developments
15.11. Polysoude SAS
15.11.1. Company details
15.11.2. Financial outlook
15.11.3. Product summary
15.11.4. Recent developments
15.12. Others
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
