The Arc Welding Torch Market was estimated at USD 2.10 billion in 2023 and is expected to reach USD 3.28 billion by 2032, with a growing CAGR of 5.09% over the forecast period 2024-2032. This report offers a unique perspective on the Arc Welding Torch Market by analyzing production volumes and capacity utilization rates across regions, revealing operational efficiency benchmarks. It provides in-depth insights into torch replacement cycles and downtime, highlighting maintenance trends and productivity impacts. The study also evaluates technological integration levels, showcasing regional adoption of automation and smart welding solutions. Export and import patterns further illustrate shifting global trade flows. Additionally, the inclusion of consumable lifespan analytics and adaptive usage patterns adds a forward-looking dimension to equipment durability and usage intelligence.
The U.S. arc welding torch market is projected to grow from USD 0.36 billion in 2023 to USD 0.58 billion by 2032, registering a CAGR of 5.39%. This steady growth reflects rising demand across construction, automotive, and manufacturing sectors. Technological advancements and automation are further boosting adoption. The U.S. remains the dominant contributor within North America’s arc welding torch market.
Drivers
Rising demand for precision and efficiency in industries like automotive and construction is driving the adoption of advanced arc welding torches.
The arc welding torch market is witnessing significant growth, driven by the rising demand for advanced welding technologies across key industries such as automotive, construction, shipbuilding, and heavy machinery. As these industries push for greater precision, efficiency, and productivity in their manufacturing processes, the demand for reliable, high-performance welding solutions is also growing. Depending on the specific application, upgrades to advanced arc welding torches can provide enhanced control, reduced spatter, and improved arc stability for achieving consistent weld quality in automation and semi-automation production environments. This also is driven by increasing adoption of Industry 4.0 practices with robotic welding systems that depend on advanced torch designs In fact Moreover, the worldwide trend for energy efficiency and lightweight materials in vehicle and edifices development is fueling the demand for specialized welding equipment. Consequently, arc welding torch market is likely to witness steady growth in the next few years, as manufacturers aim for innovation, durability, and customization to cater evolving industrial requirements.
Restraint
High initial investment and ongoing maintenance costs make advanced arc welding torches less accessible to budget-constrained SMEs.
High initial investment and maintenance costs pose a significant restraint to the growth of the arc welding torch market. Such advanced welding torches and duties need a huge procurement cost which becomes the biggest concern of the small and medium size enterprises (SMEs) due to tight budgets. For these businesses, the capital expenditure required to invest in modern, high-performance welding systems may be difficult to justify or afford. Moreover, the costs are ongoing with regular maintenance, repair, and high-quality consumables also adding to the operational price. Moreover, even employing advanced welding process equipment is usually expensive as it requires skilled technicians to be recruited and trained, thus adding to the labor costs. Collectively, these high initial and indirect maintenance costs increased the total cost of ownership for many SMEs, and would discourage them from adopting leading-edge welding technology. This challenge can limit market entry, especially in price-sensitive markets or sectors with narrow profit margins.
Opportunities
Advancements in welding automation offer manufacturers opportunities to create efficient, precise, and labor-saving arc welding torch solutions.
Advancements in welding automation are transforming the arc welding torch market by creating new opportunities for innovation and growth. With the increased adoption of automated solutions in industry, manufacturers are creating welding torches that can adapt to use with robotic systems, delivering higher levels of precision, consistency and speed. These effective and efficient systems help streamline operations through automation and significantly reduce the reliance on manual labor, with the shortage of skilled welders continuing to climb. In addition, automated welding delivers a significant reduction in errors, creating better welds that are vital in industries like automotive, aerospace, and construction. Demand for intelligent, sensor-enabled welding torches that can monitor and adjust in real time is further driven by the push for Industry 4.0 and smart manufacturing. Investing in the design of parts that are friendly to automation allows manufacturers to be part of a fast-growing segment and meet the needs of modern production lines. This trend towards automation will ensure long-term growth and competitiveness in arc welding torch market.
Challenges
Emerging technologies like laser and friction stir welding offer superior precision and efficiency, posing a threat to the demand for traditional arc welding torches.
The Arc Welding Torch Market faces growing competition from alternative joining technologies such as laser welding and friction stir welding. With the increased adoption of automated solutions in industry, manufacturers are creating welding torches that have the capacity to adapt to use with robotic systems delivering higher levels of precision, consistency and speed. These effective and efficient systems help streamline operations through automation, and significantly reduce the reliance on manual labor, with the shortage of skilled welders continuing to climb. In addition, automated welding delivers a significant reduction in errors, creating better welds that are vital in industries like automotive, aerospace, and construction. Demand for intelligent, sensor-enabled welding torches that can monitor and adjust in real time is further driven by the push for Industry 4.0 and smart manufacturing. Investing in the design of parts that are friendly to automation allows manufacturers to be part of a fast-growing segment and meet the needs of modern production lines. This trend towards automation will ensure long-term growth and competitiveness in arc welding torch market.
By Wear Part
The electrodes segment dominated with a market share of over 42% in 2023, due to its essential role in the welding process. Electrodes play an important role as they create the welding arc and eventually melt to form the weld joint. This is crucial for solid, quality welds. Rising use of arc welding in various industries like automotive, construction, and manufacturing accelerates the market growth for the electrodes. Additionally, the increasing implementation of automated welding systems also propels this demand, as automated processes rely on efficient and long-lasting electrodes to ensure smooth operation. Growing industries need extreme accuracy welding and consequently demand for advanced electrodes continue to be the leading trend in wear parts segment.
By Cooling Type
The Air-Cooled Torches segment dominated with a market share of over 64% in 2023. They lead for the most part because they are less expensive, easier to work with from a design perspective, and require less maintenance than water-cooled alternatives. Air-cooled torches are well-suited for light to medium duty welding applications, and they're a popular choice on the shop floor and in field operations. They can use without any complex air conditioning systems, all these things increasing the ease of use and the low cost of operation. These machines are therefore frequently used for automotive repair, general metal fabrication, and small construction patches. These benefits make air-cooled torches a reliable solution for professionals who need to complete a number of routine welding jobs, ensuring their strong share of the global market.
By End-Use Industry
The construction segment dominated with a market share of over 32% in 2023. This dominance is primarily driven by the rapid pace of global infrastructure development, including residential, commercial, and industrial projects. The need for quality and efficient welding solutions is on the rise as nations pour money into constructing roads, bridges, airports, and high-rise buildings. Commonly used in construction applications, Arc welding torches are particularly suitable for projects that require strong, long-lasting weld joints on bulkier structural elements. Moreover, rising urbanization in newer economies is also escalating the demand for advanced welding technologies. Ongoing maintenance and upgrades of existing infrastructure, a continuous requirement for the construction sector, also ensures its sustained demand, further cementing its position at the top of the heap.
The Asia Pacific region dominated with a market share of over 42% in 2023, driven by strong demand from major manufacturing countries such as China, India, and Japan. Such dominance is backed by accelerated industrialization, widespread infrastructure development, and a booming automotive sector. Market growth is mainly driven by the region's expanding construction activities and rising demand for reliable welding solutions in several industries. In addition, government efforts to promote industrialization and rising foreign manufacturing investments reinforce the region's position in the global sector. The growing demand for affordable labor and increasing local production capacities have also driven acceptance of welding technologies. Hence, Asia Pacific will remain the dominant and fastest-growing market for arc welding torch.
North America holds a significant share of the arc welding torch market, with the United States at the forefront due to its well-established automotive, aerospace, and construction industries. With diverse industries, there is a higher dependency on efficient and durable welding solutions, which have been a key component in the overall demand traction for the product across the region. Furthermore, North America boasts a focus on implementing manufacturing technology early, such as automation and robotics. These have caused the augmented application of high-performance welding torches, which the highly accurate, durable, and efficient. Market growth is also supported by continuous investments in infrastructure projects and industrial modernization. The presence of key players and the availability of a skilled workforce also give North America a leading position in the global arc welding torch market.
The Lincoln Electric Company (Arc welding torches, MIG guns, TIG torches, robotic welding systems)
ESAB Corporation (MIG/MAG torches, TIG torches, gas-cooled and water-cooled welding torches)
Illinois Tool Works Inc. (MIG guns, TIG torches, plasma torches – through Miller Electric)
Linde Plc (Welding torches, cutting torches, and gas equipment)
Panasonic Corporation (Robotic arc welding torches, welding power sources, automatic welding systems)
Fronius International GmbH (Air-cooled and water-cooled welding torches, robotic torches, TIG torches)
ABICOR BINZEL (MIG/MAG torches, TIG torches, robotic torches, fume extraction torches)
Kemppi Oy (Gas-cooled and liquid-cooled MIG guns, TIG torches, Flexlite series)
Tokin Corporation (Arc welding torches, high-performance welding components)
Migatronic A/S (MIG/MAG and TIG torches, automated welding torches)
Miller Electric Mfg. LLC (MIG guns, Spoolmatic torches, TIG torches, plasma cutting torches)
Kobe Steel, Ltd. (Welding torches, MIG/MAG systems, TIG welding units)
EWM AG (ForceArc torches, TIG and MIG torches, water-cooled welding torches)
Air Liquide Welding (MIG/MAG torches, TIG torches, fume extraction torches)
Victor Technologies International, Inc. (Welding and cutting torches, MIG guns)
Kjellberg Finsterwalde (Plasma torches, arc welding torches)
Parweld Ltd. (MIG, TIG, and plasma torches, torch consumables)
Ador Welding Limited (Arc welding torches, MIG/MAG torches, automation-compatible torches)
Daihen Corporation (Robotic welding torches, TIG and MIG torches)
Messer Group (Gas cutting and welding torches, torch accessories)
Suppliers for (high-quality manual and robotic welding torches and accessories with advanced cooling and ergonomic designs) on Arc Welding Torch Market
Tregaskiss
ABICOR BINZEL
ESAB
Panasonic Welding Systems
Lincoln Electric
Miller Electric Mfg. LLC
Fronius International GmbH
Tokin Corporation
Bernard
EWM AG
In March 2024: ESAB collaborated with EWI to advance arc-directed energy deposition (arcDED) additive manufacturing and submerged arc welding (SAW) techniques. As part of the partnership, ESAB provided submerged arc welding and robotic systems to EWI’s facility in Columbus, Ohio.
Report Attributes | Details |
---|---|
Market Size in 2023 | USD 2.10 Billion |
Market Size by 2032 | USD 3.28 Billion |
CAGR | CAGR of 5.09% From 2024 to 2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Data | 2020-2022 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Wear Part (Gas Nozzles, Contact Tips, Electrodes, Other) • By Cooling Type (Air-Cooled Torches, Water-Cooled Torches) • By End-Use Industry (Automotive, Construction, Shipbuilding, Power Generation, Other) |
Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
Company Profiles | Lincoln Electric Company, ESAB Corporation, Illinois Tool Works Inc., Linde Plc, Panasonic Corporation, Fronius International GmbH, ABICOR BINZEL, Kemppi Oy, Tokin Corporation, Migatronic A/S, Miller Electric Mfg. LLC, Kobe Steel, Ltd., EWM AG, Air Liquide Welding, Victor Technologies International, Inc., Kjellberg Finsterwalde, Parweld Ltd., Ador Welding Limited, Daihen Corporation, Messer Group. |
Ans: The Arc Welding Torch Market is expected to grow at a CAGR of 5.09% during 2024-2032.
Ans: The Arc Welding Torch Market was USD 2.10 billion in 2023 and is expected to reach USD 3.28 billion by 2032.
Ans: Rising demand for precision and efficiency in industries like automotive and construction is driving the adoption of advanced arc welding torches.
Ans: The “electrodes” segment dominated the Arc Welding Torch Market.
Ans: Asia-Pacific dominated the Arc Welding Torch Market in 2023.
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics
4.1 Market Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trend Reporting
5.1 Production Volume, by Region (2020–2023)
5.2 Capacity Utilization Rates, by Region (2020–2023)
5.3 Operational Downtime & Torch Replacement Metrics
5.4 Technological Integration Rates, by Region
5.5 Export and Import Trends, by Region (2023)
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and Supply Chain Strategies
6.4.3 Expansion plans and new product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Arc Welding Torch Market Segmentation, By Wear Part
7.1 Chapter Overview
7.2 Gas Nozzles
7.2.1 Gas Nozzles Market Trends Analysis (2020-2032)
7.2.2 Gas Nozzles Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Contact Tips
7.3.1 Contact Tips Market Trends Analysis (2020-2032)
7.3.2 Contact Tips Market Size Estimates and Forecasts to 2032 (USD Billion)
7.4 Electrodes
7.4.1 Electrodes Market Trends Analysis (2020-2032)
7.4.2 Electrodes Market Size Estimates and Forecasts to 2032 (USD Billion)
7.5 Other
7.5.1 Other Market Trends Analysis (2020-2032)
7.5.2 Other Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Arc Welding Torch Market Segmentation, By Cooling Type
8.1 Chapter Overview
8.2 Air-Cooled Torches
8.2.1 Air-Cooled Torches Market Trends Analysis (2020-2032)
8.2.2 Air-Cooled Torches Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Water-Cooled Torches
8.3.1 Water-Cooled Torches Market Trends Analysis (2020-2032)
8.3.2 Water-Cooled Torches Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Arc Welding Torch Market Segmentation, By End-Use Industry
9.1 Chapter Overview
9.2 Automotive
9.2.1 Automotive Market Trends Analysis (2020-2032)
9.2.2 Automotive Market Size Estimates and Forecasts to 2032 (USD Billion)
9.3 Construction
9.3.1 Construction Market Trends Analysis (2020-2032)
9.3.2 Construction Market Size Estimates and Forecasts to 2032 (USD Billion)
9.4 Shipbuilding
9.4.1 Shipbuilding Market Trends Analysis (2020-2032)
9.4.2 Shipbuilding Market Size Estimates and Forecasts to 2032 (USD Billion)
9.5 Power Generation
9.5.1 Power Generation Market Trends Analysis (2020-2032)
9.5.2 Power Generation Market Size Estimates and Forecasts to 2032 (USD Billion)
9.6 Other
9.6.1 Other Market Trends Analysis (2020-2032)
9.6.2 Other Market Size Estimates and Forecasts to 2032 (USD Billion)
10. Regional Analysis
10.1 Chapter Overview
10.2 North America
10.2.1 Trends Analysis
10.2.2 North America Arc Welding Torch Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.2.3 North America Arc Welding Torch Market Estimates and Forecasts, By Wear Part (2020-2032) (USD Billion)
10.2.4 North America Arc Welding Torch Market Estimates and Forecasts, By Cooling Type (2020-2032) (USD Billion)
10.2.5 North America Arc Welding Torch Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)
10.2.6 USA
10.2.6.1 USA Arc Welding Torch Market Estimates and Forecasts, By Wear Part (2020-2032) (USD Billion)
10.2.6.2 USA Arc Welding Torch Market Estimates and Forecasts, By Cooling Type (2020-2032) (USD Billion)
10.2.6.3 USA Arc Welding Torch Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)
10.2.7 Canada
10.2.7.1 Canada Arc Welding Torch Market Estimates and Forecasts, By Wear Part (2020-2032) (USD Billion)
10.2.7.2 Canada Arc Welding Torch Market Estimates and Forecasts, By Cooling Type (2020-2032) (USD Billion)
10.2.7.3 Canada Arc Welding Torch Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)
10.2.8 Mexico
10.2.8.1 Mexico Arc Welding Torch Market Estimates and Forecasts, By Wear Part (2020-2032) (USD Billion)
10.2.8.2 Mexico Arc Welding Torch Market Estimates and Forecasts, By Cooling Type (2020-2032) (USD Billion)
10.2.8.3 Mexico Arc Welding Torch Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)
10.3 Europe
10.3.1 Eastern Europe
10.3.1.1 Trends Analysis
10.3.1.2 Eastern Europe Arc Welding Torch Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.1.3 Eastern Europe Arc Welding Torch Market Estimates and Forecasts, By Wear Part (2020-2032) (USD Billion)
10.3.1.4 Eastern Europe Arc Welding Torch Market Estimates and Forecasts, By Cooling Type (2020-2032) (USD Billion)
10.3.1.5 Eastern Europe Arc Welding Torch Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)
10.3.1.6 Poland
10.3.1.6.1 Poland Arc Welding Torch Market Estimates and Forecasts, By Wear Part (2020-2032) (USD Billion)
10.3.1.6.2 Poland Arc Welding Torch Market Estimates and Forecasts, By Cooling Type (2020-2032) (USD Billion)
10.3.1.6.3 Poland Arc Welding Torch Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)
10.3.1.7 Romania
10.3.1.7.1 Romania Arc Welding Torch Market Estimates and Forecasts, By Wear Part (2020-2032) (USD Billion)
10.3.1.7.2 Romania Arc Welding Torch Market Estimates and Forecasts, By Cooling Type (2020-2032) (USD Billion)
10.3.1.7.3 Romania Arc Welding Torch Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)
10.3.1.8 Hungary
10.3.1.8.1 Hungary Arc Welding Torch Market Estimates and Forecasts, By Wear Part (2020-2032) (USD Billion)
10.3.1.8.2 Hungary Arc Welding Torch Market Estimates and Forecasts, By Cooling Type (2020-2032) (USD Billion)
10.3.1.8.3 Hungary Arc Welding Torch Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)
10.3.1.9 Turkey
10.3.1.9.1 Turkey Arc Welding Torch Market Estimates and Forecasts, By Wear Part (2020-2032) (USD Billion)
10.3.1.9.2 Turkey Arc Welding Torch Market Estimates and Forecasts, By Cooling Type (2020-2032) (USD Billion)
10.3.1.9.3 Turkey Arc Welding Torch Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)
10.3.1.10 Rest of Eastern Europe
10.3.1.10.1 Rest of Eastern Europe Arc Welding Torch Market Estimates and Forecasts, By Wear Part (2020-2032) (USD Billion)
10.3.1.10.2 Rest of Eastern Europe Arc Welding Torch Market Estimates and Forecasts, By Cooling Type (2020-2032) (USD Billion)
10.3.1.10.3 Rest of Eastern Europe Arc Welding Torch Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)
10.3.2 Western Europe
10.3.2.1 Trends Analysis
10.3.2.2 Western Europe High-Pressure Seals Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.2.3 Western Europe High-Pressure Seals Market Estimates and Forecasts, By Wear Part (2020-2032) (USD Billion)
10.3.2.4 Western Europe High-Pressure Seals Market Estimates and Forecasts, By Cooling Type (2020-2032) (USD Billion)
10.3.2.5 Western Europe High-Pressure Seals Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)
10.3.2.6 Germany
10.3.2.6.1 Germany Arc Welding Torch Market Estimates and Forecasts, By Wear Part (2020-2032) (USD Billion)
10.3.2.6.2 Germany Arc Welding Torch Market Estimates and Forecasts, By Cooling Type (2020-2032) (USD Billion)
10.3.2.6.3 Germany Arc Welding Torch Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)
10.3.2.7 France
10.3.2.7.1 France Arc Welding Torch Market Estimates and Forecasts, By Wear Part (2020-2032) (USD Billion)
10.3.2.7.2 France Arc Welding Torch Market Estimates and Forecasts, By Cooling Type (2020-2032) (USD Billion)
10.3.2.7.3 France Arc Welding Torch Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)
10.3.2.8 UK
10.3.2.8.1 UK Arc Welding Torch Market Estimates and Forecasts, By Wear Part (2020-2032) (USD Billion)
10.3.2.8.2 UK Arc Welding Torch Market Estimates and Forecasts, By Cooling Type (2020-2032) (USD Billion)
10.3.2.8.3 UK Arc Welding Torch Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)
10.3.2.9 Italy
10.3.2.9.1 Italy Arc Welding Torch Market Estimates and Forecasts, By Wear Part (2020-2032) (USD Billion)
10.3.2.9.2 Italy Arc Welding Torch Market Estimates and Forecasts, By Cooling Type (2020-2032) (USD Billion)
10.3.2.9.3 Italy Arc Welding Torch Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)
10.3.2.10 Spain
10.3.2.10.1 Spain Arc Welding Torch Market Estimates and Forecasts, By Wear Part (2020-2032) (USD Billion)
10.3.2.10.2 Spain Arc Welding Torch Market Estimates and Forecasts, By Cooling Type (2020-2032) (USD Billion)
10.3.2.10.3 Spain Arc Welding Torch Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)
10.3.2.11 Netherlands
10.3.2.11.1 Netherlands Arc Welding Torch Market Estimates and Forecasts, By Wear Part (2020-2032) (USD Billion)
10.3.2.11.2 Netherlands Arc Welding Torch Market Estimates and Forecasts, By Cooling Type (2020-2032) (USD Billion)
10.3.2.11.3 Netherlands Arc Welding Torch Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)
10.3.2.12 Switzerland
10.3.2.12.1 Switzerland Arc Welding Torch Market Estimates and Forecasts, By Wear Part (2020-2032) (USD Billion)
10.3.2.12.2 Switzerland Arc Welding Torch Market Estimates and Forecasts, By Cooling Type (2020-2032) (USD Billion)
10.3.2.12.3 Switzerland Arc Welding Torch Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)
10.3.2.13 Austria
10.3.2.13.1 Austria Arc Welding Torch Market Estimates and Forecasts, By Wear Part (2020-2032) (USD Billion)
10.3.2.13.2 Austria Arc Welding Torch Market Estimates and Forecasts, By Cooling Type (2020-2032) (USD Billion)
10.3.2.13.3 Austria Arc Welding Torch Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)
10.3.2.14 Rest of Western Europe
10.3.2.14.1 Rest of Western Europe Arc Welding Torch Market Estimates and Forecasts, By Wear Part (2020-2032) (USD Billion)
10.3.2.14.2 Rest of Western Europe Arc Welding Torch Market Estimates and Forecasts, By Cooling Type (2020-2032) (USD Billion)
10.3.2.14.3 Rest of Western Europe Arc Welding Torch Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)
10.4 Asia-Pacific
10.4.1 Trends Analysis
10.4.2 Asia-Pacific Arc Welding Torch Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.4.3 Asia-Pacific Arc Welding Torch Market Estimates and Forecasts, By Wear Part (2020-2032) (USD Billion)
10.4.4 Asia-Pacific Arc Welding Torch Market Estimates and Forecasts, By Cooling Type (2020-2032) (USD Billion)
10.4.5 Asia-Pacific Arc Welding Torch Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)
10.4.6 China
10.4.6.1 China Arc Welding Torch Market Estimates and Forecasts, By Wear Part (2020-2032) (USD Billion)
10.4.6.2 China Arc Welding Torch Market Estimates and Forecasts, By Cooling Type (2020-2032) (USD Billion)
10.4.6.3 China Arc Welding Torch Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)
10.4.7 India
10.4.7.1 India Arc Welding Torch Market Estimates and Forecasts, By Wear Part (2020-2032) (USD Billion)
10.4.7.2 India Arc Welding Torch Market Estimates and Forecasts, By Cooling Type (2020-2032) (USD Billion)
10.4.7.3 India Arc Welding Torch Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)
10.4.8 Japan
10.4.8.1 Japan Arc Welding Torch Market Estimates and Forecasts, By Wear Part (2020-2032) (USD Billion)
10.4.8.2 Japan Arc Welding Torch Market Estimates and Forecasts, By Cooling Type (2020-2032) (USD Billion)
10.4.8.3 Japan Arc Welding Torch Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)
10.4.9 South Korea
10.4.9.1 South Korea Arc Welding Torch Market Estimates and Forecasts, By Wear Part (2020-2032) (USD Billion)
10.4.9.2 South Korea Arc Welding Torch Market Estimates and Forecasts, By Cooling Type (2020-2032) (USD Billion)
10.4.9.3 South Korea Arc Welding Torch Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)
10.4.10 Vietnam
10.4.10.1 Vietnam Arc Welding Torch Market Estimates and Forecasts, By Wear Part (2020-2032) (USD Billion)
10.4.10.2 Vietnam Arc Welding Torch Market Estimates and Forecasts, By Cooling Type (2020-2032) (USD Billion)
10.4.10.3 Vietnam Arc Welding Torch Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)
10.4.11 Singapore
10.4.11.1 Singapore Arc Welding Torch Market Estimates and Forecasts, By Wear Part (2020-2032) (USD Billion)
10.4.11.2 Singapore Arc Welding Torch Market Estimates and Forecasts, By Cooling Type (2020-2032) (USD Billion)
10.4.11.3 Singapore Arc Welding Torch Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)
10.4.12 Australia
10.4.12.1 Australia Arc Welding Torch Market Estimates and Forecasts, By Wear Part (2020-2032) (USD Billion)
10.4.12.2 Australia Arc Welding Torch Market Estimates and Forecasts, By Cooling Type (2020-2032) (USD Billion)
10.4.12.3 Australia Arc Welding Torch Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)
10.4.13 Rest of Asia-Pacific
10.4.13.1 Rest of Asia-Pacific Arc Welding Torch Market Estimates and Forecasts, By Wear Part (2020-2032) (USD Billion)
10.4.13.2 Rest of Asia-Pacific Arc Welding Torch Market Estimates and Forecasts, By Cooling Type (2020-2032) (USD Billion)
10.4.13.3 Rest of Asia-Pacific Arc Welding Torch Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)
10.5 Middle East and Africa
10.5.1 Middle East
10.5.1.1 Trends Analysis
10.5.1.2 Middle East Arc Welding Torch Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.1.3 Middle East Arc Welding Torch Market Estimates and Forecasts, By Wear Part (2020-2032) (USD Billion)
10.5.1.4 Middle East Arc Welding Torch Market Estimates and Forecasts, By Cooling Type (2020-2032) (USD Billion)
10.5.1.5 Middle East Arc Welding Torch Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)
10.5.1.6 UAE
10.5.1.6.1 UAE Arc Welding Torch Market Estimates and Forecasts, By Wear Part (2020-2032) (USD Billion)
10.5.1.6.2 UAE Arc Welding Torch Market Estimates and Forecasts, By Cooling Type (2020-2032) (USD Billion)
10.5.1.6.3 UAE Arc Welding Torch Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)
10.5.1.7 Egypt
10.5.1.7.1 Egypt Arc Welding Torch Market Estimates and Forecasts, By Wear Part (2020-2032) (USD Billion)
10.5.1.7.2 Egypt Arc Welding Torch Market Estimates and Forecasts, By Cooling Type (2020-2032) (USD Billion)
10.5.1.7.3 Egypt Arc Welding Torch Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)
10.5.1.8 Saudi Arabia
10.5.1.8.1 Saudi Arabia Arc Welding Torch Market Estimates and Forecasts, By Wear Part (2020-2032) (USD Billion)
10.5.1.8.2 Saudi Arabia Arc Welding Torch Market Estimates and Forecasts, By Cooling Type (2020-2032) (USD Billion)
10.5.1.8.3 Saudi Arabia Arc Welding Torch Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)
10.5.1.9 Qatar
10.5.1.9.1 Qatar Arc Welding Torch Market Estimates and Forecasts, By Wear Part (2020-2032) (USD Billion)
10.5.1.9.2 Qatar Arc Welding Torch Market Estimates and Forecasts, By Cooling Type (2020-2032) (USD Billion)
10.5.1.9.3 Qatar Arc Welding Torch Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)
10.5.1.10 Rest of Middle East
10.5.1.10.1 Rest of Middle East Arc Welding Torch Market Estimates and Forecasts, By Wear Part (2020-2032) (USD Billion)
10.5.1.10.2 Rest of Middle East Arc Welding Torch Market Estimates and Forecasts, By Cooling Type (2020-2032) (USD Billion)
10.5.1.10.3 Rest of Middle East Arc Welding Torch Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)
10.5.2 Africa
10.5.2.1 Trends Analysis
10.5.2.2 Africa Arc Welding Torch Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.2.3 Africa Arc Welding Torch Market Estimates and Forecasts, By Wear Part (2020-2032) (USD Billion)
10.5.2.4 Africa Arc Welding Torch Market Estimates and Forecasts, By Cooling Type (2020-2032) (USD Billion)
10.5.2.5 Africa Arc Welding Torch Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)
10.5.2.6 South Africa
10.5.2.6.1 South Africa Arc Welding Torch Market Estimates and Forecasts, By Wear Part (2020-2032) (USD Billion)
10.5.2.6.2 South Africa Arc Welding Torch Market Estimates and Forecasts, By Cooling Type (2020-2032) (USD Billion)
10.5.2.6.3 South Africa Arc Welding Torch Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)
10.5.2.7 Nigeria
10.5.2.7.1 Nigeria Arc Welding Torch Market Estimates and Forecasts, By Wear Part (2020-2032) (USD Billion)
10.5.2.7.2 Nigeria Arc Welding Torch Market Estimates and Forecasts, By Cooling Type (2020-2032) (USD Billion)
10.5.2.7.3 Nigeria Arc Welding Torch Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)
10.5.2.8 Rest of Africa
10.5.2.8.1 Rest of Africa Arc Welding Torch Market Estimates and Forecasts, By Wear Part (2020-2032) (USD Billion)
10.5.2.8.2 Rest of Africa Arc Welding Torch Market Estimates and Forecasts, By Cooling Type (2020-2032) (USD Billion)
10.5.2.8.3 Rest of Africa Arc Welding Torch Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)
10.6 Latin America
10.6.1 Trends Analysis
10.6.2 Latin America Arc Welding Torch Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.6.3 Latin America Arc Welding Torch Market Estimates and Forecasts, By Wear Part (2020-2032) (USD Billion)
10.6.4 Latin America Arc Welding Torch Market Estimates and Forecasts, By Cooling Type (2020-2032) (USD Billion)
10.6.5 Latin America Arc Welding Torch Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)
10.6.6 Brazil
10.6.6.1 Brazil Arc Welding Torch Market Estimates and Forecasts, By Wear Part (2020-2032) (USD Billion)
10.6.6.2 Brazil Arc Welding Torch Market Estimates and Forecasts, By Cooling Type (2020-2032) (USD Billion)
10.6.6.3 Brazil Arc Welding Torch Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)
10.6.7 Argentina
10.6.7.1 Argentina Arc Welding Torch Market Estimates and Forecasts, By Wear Part (2020-2032) (USD Billion)
10.6.7.2 Argentina Arc Welding Torch Market Estimates and Forecasts, By Cooling Type (2020-2032) (USD Billion)
10.6.7.3 Argentina Arc Welding Torch Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)
10.6.8 Colombia
10.6.8.1 Colombia Arc Welding Torch Market Estimates and Forecasts, By Wear Part (2020-2032) (USD Billion)
10.6.8.2 Colombia Arc Welding Torch Market Estimates and Forecasts, By Cooling Type (2020-2032) (USD Billion)
10.6.8.3 Colombia Arc Welding Torch Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)
10.6.9 Rest of Latin America
10.6.9.1 Rest of Latin America Arc Welding Torch Market Estimates and Forecasts, By Wear Part (2020-2032) (USD Billion)
10.6.9.2 Rest of Latin America Arc Welding Torch Market Estimates and Forecasts, By Cooling Type (2020-2032) (USD Billion)
10.6.9.3 Rest of Latin America Arc Welding Torch Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)
11. Company Profiles
11.1 Migatronic A/S
11.1.1 Company Overview
11.1.2 Financial
11.1.3 Products/ Services Offered
11.1.4 SWOT Analysis
11.2 Kemppi Oy
11.2.1 Company Overview
11.2.2 Financial
11.2.3 Products/ Services Offered
11.2.4 SWOT Analysis
11.3 Illinois Tool Works Inc.
11.3.1 Company Overview
11.3.2 Financial
11.3.3 Products/ Services Offered
11.3.4 SWOT Analysis
11.4 Fronius International GmbH
11.4.1 Company Overview
11.4.2 Financial
11.4.3 Products/ Services Offered
11.4.4 SWOT Analysis
11.5 Panasonic Corporation
11.5.1 Company Overview
11.5.2 Financial
11.5.3 Products/ Services Offered
11.5.4 SWOT Analysis
11.6 Tokin Corporation
11.6.1 Company Overview
11.6.2 Financial
11.6.3 Products/ Services Offered
11.6.4 SWOT Analysis
11.7 The Lincoln Electric Company
11.7.1 Company Overview
11.7.2 Financial
11.7.3 Products/ Services Offered
11.7.4 SWOT Analysis
11.8 ABICOR BINZEL
11.8.1 Company Overview
11.8.2 Financial
11.8.3 Products/ Services Offered
11.8.4 SWOT Analysis
11.9 ESAB Corporation
11.9.1 Company Overview
11.9.2 Financial
11.9.3 Products/ Services Offered
11.9.4 SWOT Analysis
11.10 Linde Plc
11.10.1 Company Overview
11.10.2 Financial
11.10.3 Products/ Services Offered
11.10.4 SWOT Analysis
12. Use Cases and Best Practices
13. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
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This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segments:
By Wear Part
Gas Nozzles
Contact Tips
Electrodes
Other
By Cooling Type
Air-Cooled Torches
Water-Cooled Torches
By End-Use Industry
Automotive
Construction
Shipbuilding
Power Generation
Other
Request for Segment Customization as per your Business Requirement: Segment Customization Request
Regional Coverage:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Detailed Volume Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Competitive Product Benchmarking
Geographic Analysis
Additional countries in any of the regions
Customized Data Representation
Detailed analysis and profiling of additional market players
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