Press release
Top Players and Competitive Overview in the Engine-Driven Welders Market
Engine-Driven Welders
Projected Growth Trajectory of the Engine-Driven Welders Market
The engine-driven welders market is anticipated to reach a value of $1.96 billion by 2030, growing at a compound annual growth rate (CAGR) of 5.4%. This uptrend is fueled by increasing investments in infrastructure, the ongoing expansion of oil and gas pipeline networks, and a shift towards the use of low emission engines. Additional factors include the rising need for on-site fabrication services and the growth of power generation projects worldwide. Key trends expected to drive the market include a heightened demand for portable welding units, expanded use in remote construction environments, the move toward more fuel-efficient engine welders, enhanced multi-process welding functionalities, and increased deployment in infrastructure development.
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Factors Behind the Rising Demand for Engine-Driven Welders
Growing infrastructure projects play a central role in boosting the need for engine-driven welders. As governments and private sectors invest heavily in new facilities and upgrades, the demand for reliable welding equipment capable of operating in various environments continues to rise.
Another important driver is the expansion of oil and gas pipelines, which requires robust, portable welding solutions for on-site work in remote and challenging locations. This has created significant demand for welders that combine power, efficiency, and mobility.
Key Players Dominating the Engine-Driven Welders Market
Several leading companies currently shape the engine-driven welders landscape. These include Lincoln Electric Holdings, Inc., Miller Electric Mfg. LLC, ESAB Corporation, Denyo Co., Ltd., MOSA S.p.A., Hobart Brothers LLC, Multiquip Inc., Shindaiwa (Yamabiko Corporation), Wacker Neuson Group, Hyundai Welding Co., Ltd., Atlas Copco AB, Pramac Group, Koki Holdings Co., Ltd. (Metabo HPT), Lorch Schweißtechnik GmbH, Fronius International GmbH, Ador Welding Limited, Kemppi Oy, OTC Daihen Corporation, Jasic Technology Company Ltd., Shanghai Hugong Welding Group Co., Ltd., and Everlast Power Equipment Inc.
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Significant Acquisition Enhancing Market Reach
In July 2024, Lincoln Electric Holdings Inc., a US-based welding products manufacturer, acquired Vanair Manufacturing LLC, a company specializing in mobile power solutions that include engine-driven welders. Though the purchase amount was not disclosed, this acquisition aims to strengthen Lincoln Electric's leadership position and extend its technological capabilities in the fast-growing mobile power segment, particularly targeting maintenance and repair service vehicles.
Emerging Trends and Innovations Offering New Possibilities
Market leaders are focused on creating innovative products that boost portability, versatility, and operational efficiency in construction and field work. A key development is the introduction of compact multi-process engine welders, which provide multiple welding options in a single portable unit.
For example, in October 2023, Miller Electric Mfg. LLC launched the Bobcat 265 and Bobcat 230 engine-driven welders. The Bobcat 265 features a digital user interface, Auto-Set technology for quick and precise welding setup, and an advanced independent welder-generator system that prevents interference between welding arcs and tools. It supports multiprocess welding, including direct spool gun connections for aluminum and offers additional features like ArcReach technology and an optional battery charge/crank assist. The Bobcat 230 model delivers solid performance, enhanced arc quality for specific electrodes, and a simplified one-knob control for precise settings, along with independent power for tools and a digital fuel gauge with maintenance alerts to improve efficiency on job sites.
Breakdown of Market Segments in Engine-Driven Welders
The engine-driven welders market is segmented by type, welding process, output power, and application:
1) By Type: Diesel Engine, Gasoline Engine, Liquefied Petroleum Gas (LPG) Fueled Engine
2) By Welding Process: Electric (Arc) Welding, Metal Inert Gas Welding (MIG), Tungsten Inert Gas Welding (TIG)
3) By Output Power: Less Than 200 Amps, 200-500 Amps, More Than 500 Amps
4) By Application: Construction, Pipeline, Mining, Infrastructure
Further detailed subcategories include:
- Diesel Engine Welders: Single-Cylinder, Multi-Cylinder, High-Capacity, Portable
- Gasoline Engine Welders: Single-Cylinder, Multi-Cylinder, Lightweight, Compact
- LPG Fueled Engine Welders: Dedicated LPG, Dual-Fuel LPG/Gasoline, Low-Emission, Portable
Regional Market Outlook
North America currently holds the largest share of the engine-driven welders market, but the Asia-Pacific region is expected to register the fastest growth in the coming years. This regional expansion is driven by escalating infrastructure development and increasing industrial activities in emerging economies, which offer promising opportunities for market participants globally.
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