2023 Global Welding Equipment, Accessories, And Consumables Market Size, Share, Growth And Forecast To 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Welding Equipment, Accessories, And Consumables Market Size, Growth Rate, And Forecast:
The global welding equipment, accessories, and consumables market size grew from $23.36 billion in 2022 to $25.61 billion in 2023 at a compound annual growth rate (CAGR) of 9.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The welding equipment, accessories, and consumables market size is expected to grow to $35.7 billion in 2027 at a CAGR of 8.7%.

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Welding Equipment, Accessories, And Consumables Market Drivers:
The growing demand for the steel industry is expected to propel the growth of the welding equipment, accessories, and consumables market. The increased demand for welded metals in the fabrication industry and the use of welding equipment is used for applications such as stick welding, tungsten inert gas (TIG) welding, and metal inert gas (MIG) welding.

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Welding Equipment, Accessories, And Consumables Market Segments
•By Technology: Arc Welding, Oxy-fuel Welding, Other Technologies
•By Application: Automotive, Building and construction, Heavy Engineering, Railway & Shipbuiding, Oil & Gas, Other Applications
•By Equipment Type: Welding Electrode, Filler Metal, Oxy-fuel Gas
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the welding equipment, accessories, and consumables market.

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Welding Equipment, Accessories, And Consumables Market Key Players:
Major competitors in the welding equipment, accessories, and consumables market include Air Liquide S.A., British Oxygen Company, Bug-O Systems Inc., Carl CloosSchweisstechnik, Cavagna Group, Colfax Corporation, Daihen Corporation, GCE Holding AB, Gentec (Shanghai) Corporation, Illinois Tool Works Inc., Kobe Steel Ltd., Koike Aronson Inc., Lincoln Electric, Linde Group and Matheson Tri-Gas Inc.,

The Business Research Company's "Global Welding Equipment, Accessories, And Consumables Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.

The Table Of Content For The Welding Equipment, Accessories, And Consumables Market Include:
1. Executive Summary
2. Welding Equipment, Accessories, And Consumables Market Characteristics
3. Welding Equipment, Accessories, And Consumables Market Trends And Strategies
4. Welding Equipment, Accessories, And Consumables Market - Macro Economic Scenario
5. Welding Equipment, Accessories, And Consumables Market Size And Growth
....
26. Africa Welding Equipment, Accessories, And Consumables Market
27. Welding Equipment, Accessories, And Consumables Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Welding Equipment, Accessories, And Consumables Market
29. Welding Equipment, Accessories, And Consumables Market Future Outlook and Potential Analysis
30. Appendix

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