Welding Torch Market Overview
MMR recently published Welding Torch Market report offers a holistic view of the Welding Torch market, encompassing both global players and local players operating in different countries. Through a comparative analysis of key players and market followers, this report provides an insightful industry outlook.
Welding Torch Market Growth Projection:
Welding Torch Market size was valued at US$ 3.47 Bn. in 2023 and the total revenue is expected to grow at a CAGR of 6% through 2024 to 2030, reaching nearly US$ 5.22 Bn.
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Welding Torch Market Report Scope and Research Methodology
The report provides an in-depth analysis of the Welding Torch market, through segmentation. It analyses the market size, share, growth, and trends, along with the drivers and restraints affecting the market growth. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report.
Welding Torch Market Regional Insights
The report provides regional insights into the industrial gas market for North America, Europe, Asia-Pacific, South America, and the Middle East and Africa. The Asia-Pacific region is expected to dominate the market.
Welding Torch Market Segmentation
by Product
MIG/MAG Welding Torch
TIG Welding Torch
Plasma Torch
by Cooling
Water Cooled
Air Cooled
by Welding Operation
Manual
MIG/MAG Welding
TIG Welding
Plasma
Robotics
by End-Use Industry
Automotive and Transportation
General Fabrication
Shipyards and Offshore
Energy
Yellow Goods (Earth Moving Equipment, Fork Lifts, Agriculture Equipment)
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Welding Torch Market Key Players
1. American Torch Tip
2. Arc Machines Inc.
3. GCE Group
4. Kobe Steel
5. NIMAK GmbH
6. OTC Daihen
7. Panasonic Welding Systems
8. Shenzhen Riland Industry
9. Senor Metals Pvt. Ltd.
10. Telwin
11. Pemamek
12. Tokin Corporation
13. ABB
14. Kawasaki
15. Valk Welding B.V
16. TBi Industries
17. Lincoln Electric
18. HERZ GmbH
19. SKS Welding systems
20. Illinois Tool Works Inc.
ABICOR BINZEL USA, Inc
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