Table of Content

1 INTRODUCTION 38
1.1 OBJECTIVES OF THE STUDY 38
1.2 MARKET DEFINITION 38
1.3 INCLUSIONS & EXCLUSIONS 39
1.3.1 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET – FORECAST TO 2026 39
TABLE 1 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY EQUIPMENT 39
1.4 SCOPE OF THE STUDY 40
FIGURE 1 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SEGMENTATION 40
1.4.1 YEARS CONSIDERED FOR THE STUDY 40
1.5 CURRENCY CONSIDERED 41
1.6 UNIT CONSIDERED 41
1.7 STAKEHOLDERS 41
1.8 SUMMARY OF CHANGES 42
2 RESEARCH METHODOLOGY 43
2.1 RESEARCH DATA 43
2.1.1 SECONDARY DATA 43
2.1.1.1 Key data from secondary sources 43
2.1.2 PRIMARY DATA 44
2.2 MARKET SIZE ESTIMATION 44
2.2.1 APPROACH 44
FIGURE 2 BOTTOM-UP APPROACH 44
FIGURE 3 TOP-DOWN APPROACH 45
FIGURE 4 SUPPLY-SIDE APPROACH 45
2.3 DATA TRIANGULATION 46
FIGURE 5 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET:
DATA TRIANGULATION 46
FIGURE 6 KEY MARKET INSIGHTS 47
FIGURE 7 STAKEHOLDERS INVOLVED AND BREAKDOWN OF PRIMARY INTERVIEWS 47
2.4 RESEARCH ASSUMPTIONS & LIMITATIONS 48
2.4.1 ASSUMPTIONS 48
2.4.2 LIMITATIONS 48
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3 EXECUTIVE SUMMARY 49
FIGURE 8 ELECTRODE & FILLER METAL EQUIPMENT TO ACCOUNT FOR LARGEST MARKET SIZE 49
FIGURE 9 ELECTRODES & FILLER MATERIALS LEADS CONSUMABLES SEGMENT 50
FIGURE 10 PROTECTIVE GEAR TO DOMINATE AMONG WELDING ACCESSORIES 50
FIGURE 11 ARC WELDING SEGMENT TO LEAD IN TERMS OF TECHNOLOGY 51
FIGURE 12 GENERAL FABRICATION COMMANDS LEADING END-USE INDUSTRY POSITION 51
FIGURE 13 APAC TO GROW AT HIGHEST RATE IN WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET 52
4 PREMIUM INSIGHTS 53
4.1 APAC TO WITNESS HIGHER GROWTH RATE DUE TO HIGH GROWING DEMAND FOR SEVERAL END-USE INDUSTRIES 53
FIGURE 14 GROWING INFRASTRUCTURE AND RAPID ECONOMIC EXPANSION DRIVE WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET 53
4.2 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET: BY REGION AND EQUIPMENT 54
FIGURE 15 APAC AND ELECTRODES & FILLER METAL EQUIPMENT LED RESPECTIVE SEGMENTS IN 2020 54
4.3 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET: BY REGION AND CONSUMABLE 55
FIGURE 16 APAC AND GASES DOMINATED RESPECTIVE SEGMENTS IN 2020 55
4.4 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET: BY REGION AND GAS TYPE 56
FIGURE 17 APAC AND SHIELDING GASES COMMANDED LARGEST SHARE IN 2020 56
4.5 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET, BY COUNTRY 57
FIGURE 18 MARKET IN INDIA PROJECTED TO HAVE HIGHEST CAGR FROM 2021 TO 2026 57
5 MARKET OVERVIEW 58
5.1 INTRODUCTION 58
5.2 MARKET DYNAMICS 58
FIGURE 19 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET 58
5.2.1 DRIVERS 59
5.2.1.1 Promising growth in steel industry 59
FIGURE 20 WORLD CRUDE STEEL PRODUCTION 2010-2019 59
5.2.1.2 Industrial development in Middle East & Africa 59
5.2.1.3 Increasing demand from other end-use industries 60
5.2.2 RESTRAINTS 60
5.2.2.1 High running and maintenance costs 60
5.2.2.2 Environmental impact of welding 61
5.2.3 OPPORTUNITIES 61
5.2.3.1 Absence of stringent standards in developing countries 61
5.2.3.2 New and advanced applications 61
5.2.3.3 Development of wind energy infrastructure 62
FIGURE 21 GLOBAL CUMULATIVE CAPACITY OF WIND POWER 62
FIGURE 22 GLOBAL CUMULATIVE CAPACITY PROJECTION OF WIND POWER 2020-2024 62
5.2.4 CHALLENGES 63
5.2.4.1 Shortage of skilled labor and high labor cost 63
5.3 PORTER’S FIVE FORCES ANALYSIS 63
FIGURE 23 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET: PORTER’S FIVE FORCES ANALYSIS 63
TABLE 2 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET: PORTER’S FIVE FORCES ANALYSIS 64
5.3.1 THREAT OF NEW ENTRANTS 64
5.3.2 THREAT OF SUBSTITUTES 64
5.3.3 BARGAINING POWER OF SUPPLIERS 65
5.3.4 BARGAINING POWER OF BUYERS 65
5.3.5 INTENSITY OF COMPETITIVE RIVALRY 65
5.4 VALUE CHAIN 65
FIGURE 24 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET: VALUE CHAIN 66
5.4.1 END-USE INDUSTRIES 67
5.4.2 PROMINENT COMPANIES 67
5.4.3 SMALL & MEDIUM ENTERPRISES 67
5.5 YC & YCC SHIFT 68
5.5.1 REVENUE SHIFT & NEW REVENUE POCKETS FOR WELDING EQUIPMENT, ACCESSORY, AND CONSUMABLE MANUFACTURERS 68
FIGURE 25 REVENUE SHIFT FOR WELDING EQUIPMENT, ACCESSORY, AND CONSUMABLE MANUFACTURERS 68
5.6 REGULATORY LANDSCAPE 68
5.7 TECHNOLOGY ANALYSIS 69
5.7.1 UNMANNED ROBOT WELDING SYSTEM 70
5.7.2 FIELD GIRTH WELDING OF GAS PIPELINES 70
5.7.3 RAIL WELDING TECHNOLOGIES 70
5.7.4 ADVANCED MATERIALS 70
5.7.5 MICRO WELDING 71
5.8 CASE STUDY ANALYSIS 72
5.8.1 MULTI-PROCESS ROBOTIC WELDING OF LARGE CONSTRUCTION EQUIPMENT 72
5.9 MARKET MAP 73
FIGURE 26 MARKET MAP FOR WELDING EQUIPMENT, ACCESSORIES,
AND CONSUMABLES MARKET 73
5.10 TRADE ANALYSIS 73
TABLE 3 WELDING EQUIPMENT IMPORT DATA 2019 (USD THOUSAND) 73
TABLE 4 WELDING EQUIPMENT EXPORT DATA 2019 (USD THOUSAND) 74
5.11 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET: PATENT ANALYSIS 75
FIGURE 27 PATENTS FOR WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET 76
FIGURE 28 PUBLICATION TRENDS FOR WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET 76
FIGURE 29 JURISDICTION ANALYSIS FOR WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET 77
FIGURE 30 TOP APPLICANT ANALYSIS FOR WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET 77
TABLE 5 LIST OF PATENTS BY DAIHEN CORPORATION 78
TABLE 6 LIST OF PATENTS BY KOBE STEEL LTD. 79
TABLE 7 LIST OF PATENTS BY LINCOLN GLOBAL INC 80
TABLE 8 LIST OF PATENTS BY ILLINOIS TOOL WORKS 81
TABLE 9 LIST OF PATENTS BY JFE STEEL 82
TABLE 10 LIST OF PATENTS BY PANASONIC IP MAN CO LTD 82
TABLE 11 TOP 20 PATENT OWNERS (US) IN LAST 10 Y EARS 83
6 COVID-19 IMPACT ON WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET 84
6.1 COVID-19 IMPACT ON WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES END-USE INDUSTRIES 84
7 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET,
BY EQUIPMENT 86
7.1 INTRODUCTION 87
FIGURE 31 ELECTRODES & FILLER METAL TO LEAD MARKET THROUGHOUT FORECAST PERIOD 87
TABLE 12 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY EQUIPMENT, 2019–2026 (USD BILLION) 87
TABLE 13 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY EQUIPMENT, 2019–2026 (THOUSAND UNITS) 88
7.2 ELECTRODE & FILLER METAL EQUIPMENT 88
7.2.1 WIDELY USED TO CREATE STRONGER JOINTS WITH RELATIVE EASE 88
7.3 OXY-FUEL GAS EQUIPMENT 89
7.3.1 LOW EQUIPMENT COST LEADS TO HIGH VOLUMES 89
7.4 OTHER EQUIPMENT 90
8 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET,
BY ACCESSORY 92
8.1 INTRODUCTION 93
FIGURE 32 PROTECTIVE GEAR SEGMENT TO LEAD MARKET THROUGHOUT FORECAST PERIOD 93
TABLE 14 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY ACCESSORY, 2019–2026 (USD BILLION) 93
TABLE 15 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY ACCESSORY, 2019–2026 (MILLION UNITS) 94
8.2 GAS REGULATORS 94
8.3 GAS FLOW METERS 94
8.4 GAS FILTERS 94
8.5 CHECK VALVES 95
8.6 GAS MANIFOLDS 95
8.7 FLOW CONTROLLERS 95
8.8 GAS PANELS 95
8.9 GAS CABINETS 95
8.10 PROTECTIVE GEAR 96
9 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET,
BY CONSUMABLE 97
9.1 INTRODUCTION 98
FIGURE 33 ELECTRODES & FILLER MATERIALS TO COMMAND LARGEST MARKET SHARE THROUGH FORECAST PERIOD 98
TABLE 16 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY CONSUMABLE, 2019–2026 (USD BILLION) 98
TABLE 17 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY CONSUMABLE, 2019–2026 (KILO TONS) 99
9.2 ELECTRODES & FILLER MATERIALS 99
9.2.1 ECONOMICAL AND CAN BE USED ON A WIDE RANGE OF METALS 99
9.3 FLUXES & WIRES 100
9.3.1 FLUXES SHIELD WELD AND PREVENT OXIDATION 100
9.4 GASES 101
9.4.1 USED TO PROTECT MOLTEN METAL FROM CONTAMINATION AND OXIDATION 101
TABLE 18 WELDING CONSUMABLES MARKET SIZE, BY GAS TYPE, 2019–2026 (USD BILLION) 101
TABLE 19 WELDING CONSUMABLES MARKET SIZE, BY GAS TYPE,
2019–2026 (KILO TONS) 101
9.4.1.1 Shielding gases 102
9.4.1.2 Oxy-fuel gases 103
10 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET,
BY TECHNOLOGY 104
10.1 INTRODUCTION 105
FIGURE 34 ARC WELDING TECHNOLOGY TO COMMAND LARGEST MARKET SHARE IN FORECAST PERIOD 105
TABLE 20 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD BILLION) 106
10.2 ARC WELDING 106
10.2.1 MOST PREFERRED TECHNOLOGY FOR WELDING 106
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10.3 OXY-FUEL WELDING 107
10.3.1 CAN BE USED TO WELD WITHOUT ELECTRICITY 107
10.4 OTHERS 107
11 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET,
BY END-USE INDUSTRY 109
11.1 INTRODUCTION 110
FIGURE 35 GENERAL FABRICATION TO DOMINATE MARKET DURING FORECAST PERIOD 110
TABLE 21 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY END-USE INDUSTRY, 2019–2026 (USD BILLION) 110
11.2 GENERAL FABRICATION 111
11.3 AUTOMOTIVE 111
11.4 HEAVY FABRICATION 111
11.5 SHIPBUILDING 111
11.6 CONSTRUCTION & INFRASTRUCTURE 112
11.7 MAINTENANCE & REPAIR 112
11.8 PIPE MILL 112
11.9 OFFSHORE 112
11.10 PIPELINE 113
11.11 POWER GENERATION 113
12 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET,
BY REGION 114
12.1 INTRODUCTION 115
FIGURE 36 REGIONAL SNAPSHOT: INDIA TO BE THE FASTEST-GROWING COUNTRY-LEVEL MARKET FROM 2021 TO 2026 115
TABLE 22 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY REGION, 2019–2026 (USD BILLION) 116
TABLE 23 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, 2019–2026 (USD BILLION) 116
TABLE 24 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY EQUIPMENT, 2019–2026 (THOUSAND UNITS) 116
TABLE 25 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY EQUIPMENT, 2019–2026 (USD BILLION) 117
TABLE 26 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY CONSUMABLE, 2019–2026 (KILOTONS) 117
TABLE 27 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY CONSUMABLE, 2019–2026 (USD BILLION) 117
TABLE 28 WELDING CONSUMABLES MARKET SIZE, BY GAS TYPE,
2019–2026 (KILOTONS) 118
TABLE 29 WELDING CONSUMABLES MARKET SIZE, BY GAS TYPE,
2019–2026 (USD BILLION) 118
TABLE 30 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY ACCESSORY, 2019–2026 (MILLION UNITS) 118
TABLE 31 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY ACCESSORY, 2019–2026 (USD BILLION) 119
TABLE 32 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD BILLION) 119
TABLE 33 WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY END-USE INDUSTRY, 2019–2026 (USD BILLION) 120
12.2 APAC 120
FIGURE 37 APAC: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SNAPSHOT 121
TABLE 34 APAC: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY COUNTRY, 2019–2026 (USD BILLION) 121
TABLE 35 APAC: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, 2019–2026 (USD BILLION) 122
TABLE 36 APAC: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY EQUIPMENT, 2019–2026 (THOUSAND UNITS) 122
TABLE 37 APAC: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY EQUIPMENT, 2019–2026 (USD BILLION) 122
TABLE 38 APAC: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY CONSUMABLE, 2019–2026 123
TABLE 39 APAC: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY CONSUMABLE, 2019–2026 (USD BILLION) 123
TABLE 40 APAC: WELDING CONSUMABLES MARKET SIZE, BY GAS TYPE,
2019–2026 (KILOTONS) 123
TABLE 41 APAC: WELDING CONSUMABLES MARKET SIZE, BY GAS TYPE,
2019–2026 (USD BILLION) 123
TABLE 42 APAC: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY ACCESSORY, 2019–2026 (MILLION UNITS) 124
TABLE 43 APAC: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY ACCESSORY, 2019–2026 (USD BILLION) 124
TABLE 44 APAC: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD BILLION) 125
TABLE 45 APAC: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY END-USE INDUSTRY, 2019–2026 (USD BILLION) 125
12.2.1 CHINA 125
12.2.1.1 Increasing urbanization drives demand welding equipment, accessories, and consumables in China 125
TABLE 46 CHINA: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, 2019–2026 (USD BILLION) 126
TABLE 47 CHINA: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY EQUIPMENT, 2019–2026 (THOUSAND UNITS) 126
TABLE 48 CHINA: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY EQUIPMENT, 2019–2026 (USD BILLION) 126
TABLE 49 CHINA: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY CONSUMABLE, 2019–2026 (KILOTONS) 127
TABLE 50 CHINA: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY CONSUMABLE, 2019–2026 (USD BILLION) 127
TABLE 51 CHINA: WELDING CONSUMABLES MARKET SIZE, BY GAS TYPE,
2019–2026 (KILOTONS) 127
TABLE 52 CHINA: WELDING CONSUMABLES MARKET SIZE, BY GAS TYPE,
2019–2026 (USD BILLION) 127
TABLE 53 CHINA: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY ACCESSORY, 2019–2026 (MILLION UNITS) 128
TABLE 54 CHINA: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY ACCESSORY, 2019–2026 (USD BILLION) 128
TABLE 55 CHINA: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD BILLION) 129
12.2.2 JAPAN 129
12.2.2.1 Increasing production of hybrid and electric vehicles drives market in Japan 129
TABLE 56 JAPAN: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, 2019–2026 (USD BILLION) 129
TABLE 57 JAPAN: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY EQUIPMENT, 2019–2026 (THOUSAND UNITS) 130
TABLE 58 JAPAN: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY EQUIPMENT, 2019–2026 (USD BILLION) 130
TABLE 59 JAPAN: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY CONSUMABLE, 2019–2026 (KILOTONS) 130
TABLE 60 JAPAN: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY CONSUMABLE, 2019–2026 (USD BILLION) 131
TABLE 61 JAPAN: WELDING CONSUMABLES MARKET SIZE, BY GAS TYPE,
2019–2026 (KILOTONS) 131
TABLE 62 JAPAN: WELDING CONSUMABLES MARKET SIZE, BY GAS TYPE,
2019–2026 (USD BILLION) 131
TABLE 63 JAPAN: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY ACCESSORY, 2019–2026 (MILLION UNITS) 132
TABLE 64 JAPAN: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY ACCESSORY, 2019–2026 (USD BILLION) 132
TABLE 65 JAPAN: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD BILLION) 133
12.2.3 INDIA 133
12.2.3.1 India witnesses high demand from automobile and construction sectors 133
TABLE 66 INDIA: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, 2019–2026 (USD BILLION) 133
TABLE 67 INDIA: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY EQUIPMENT, 2019–2026 (THOUSAND UNITS) 134
TABLE 68 INDIA: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY EQUIPMENT, 2019–2026 (USD BILLION) 134
TABLE 69 INDIA: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY CONSUMABLE, 2019–2026 (KILOTONS) 134
TABLE 70 INDIA: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY CONSUMABLE, 2019–2026 (USD BILLION) 135
TABLE 71 INDIA: WELDING CONSUMABLES MARKET SIZE, BY GAS TYPE,
2019–2026 (KILOTONS) 135
TABLE 72 INDIA: WELDING CONSUMABLES MARKET SIZE, BY GAS TYPE,
2019–2026 (USD BILLION) 135
TABLE 73 INDIA: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY ACCESSORY, 2019–2026 (MILLION UNITS) 136
TABLE 74 INDIA: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY ACCESSORY, 2019–2026 (USD BILLION) 136
TABLE 75 INDIA: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD BILLION) 137
12.2.4 AUSTRALIA 137
12.2.4.1 Market in Australia driven by metal fabrication, shipping, and construction industries 137
TABLE 76 AUSTRALIA: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, 2019–2026 (USD BILLION) 137
TABLE 77 AUSTRALIA: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY EQUIPMENT, 2019–2026 (THOUSAND UNITS) 138
TABLE 78 AUSTRALIA: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY EQUIPMENT, 2019–2026 (USD BILLION) 138
TABLE 79 AUSTRALIA: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY CONSUMABLE, 2019–2026 (KILOTONS) 138
TABLE 80 AUSTRALIA: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY CONSUMABLE, 2019–2026 (USD BILLION) 139
TABLE 81 AUSTRALIA: WELDING CONSUMABLES MARKET SIZE, BY GAS TYPE,
2019–2026 (KILOTONS) 139
TABLE 82 AUSTRALIA: WELDING CONSUMABLES MARKET SIZE, BY GAS TYPE,
2019–2026 (USD BILLION) 139
TABLE 83 AUSTRALIA: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY ACCESSORY, 2019–2026 (MILLION UNITS) 140
TABLE 84 AUSTRALIA: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY ACCESSORY, 2019–2026 (USD BILLION) 140
TABLE 85 AUSTRALIA: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD BILLION) 141
12.2.5 REST OF APAC 141
TABLE 86 REST OF APAC: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, 2019–2026 (USD BILLION) 141
TABLE 87 REST OF APAC: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY EQUIPMENT, 2019–2026 (THOUSAND UNITS) 142
TABLE 88 REST OF APAC: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY EQUIPMENT, 2019–2026 (USD BILLION) 142
TABLE 89 REST OF APAC: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY CONSUMABLE, 2019–2026 (KILOTONS) 142
TABLE 90 REST OF APAC: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY CONSUMABLE, 2019–2026 (USD BILLION) 143
TABLE 91 REST OF APAC: WELDING CONSUMABLES MARKET SIZE, BY GAS TYPE, 2019–2026 (KILOTONS) 143
TABLE 92 REST OF APAC: WELDING CONSUMABLES MARKET SIZE, BY GAS TYPE, 2019–2026 (USD BILLION) 143
TABLE 93 REST OF APAC: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY ACCESSORY, 2019–2026 (MILLION UNITS) 144
TABLE 94 REST OF APAC: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY ACCESSORY, 2019–2026 (USD BILLION) 144
TABLE 95 REST OF APAC: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD BILLION) 145
12.3 EUROPE 145
TABLE 96 EUROPE: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY COUNTRY, 2019–2026 (USD BILLION) 145
TABLE 97 EUROPE: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, 2019–2026 (USD BILLION) 146
TABLE 98 EUROPE: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY EQUIPMENT, 2019–2026 (THOUSAND UNITS) 146
TABLE 99 EUROPE: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY EQUIPMENT, 2019–2026 (USD BILLION) 146
TABLE 100 EUROPE: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY CONSUMABLE, 2019–2026 (KILOTONS) 147
TABLE 101 EUROPE: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY CONSUMABLE, 2019–2026 (USD BILLION) 147
TABLE 102 EUROPE: WELDING CONSUMABLES MARKET SIZE, BY GAS TYPE,
2019–2026 (KILOTONS) 147
TABLE 103 EUROPE: WELDING CONSUMABLES MARKET SIZE, BY GAS TYPE,
2019–2026 2019–2026 (USD BILLION) 147
TABLE 104 EUROPE: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY ACCESSORY, 2019–2026 (MILLION UNITS) 148
TABLE 105 EUROPE: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY ACCESSORY, 2019–2026 (USD BILLION) 148
TABLE 106 EUROPE: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD BILLION) 149
TABLE 107 EUROPE: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY END-USE INDUSTRY, 2019–2026 (USD BILLION) 149
12.3.1 GERMANY 149
12.3.1.1 Market in Germany growing due to demand from automotive sector 149
TABLE 108 GERMANY: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, 2019–2026 (USD BILLION) 150
TABLE 109 GERMANY: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY EQUIPMENT, 2019–2026 (THOUSAND UNITS) 150
TABLE 110 GERMANY: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY EQUIPMENT, 2019–2026 (USD BILLION) 150
TABLE 111 GERMANY: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY CONSUMABLE, 2019–2026 (KILOTONS) 151
TABLE 112 GERMANY: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY CONSUMABLE, 2019–2026 (USD BILLION) 151
TABLE 113 GERMANY: WELDING CONSUMABLES MARKET SIZE, BY GAS TYPE,
2019–2026 (KILOTONS) 151
TABLE 114 GERMANY: WELDING CONSUMABLES MARKET SIZE, BY GAS TYPE,
2019–2026 (USD BILLION) 151
TABLE 115 GERMANY: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY ACCESSORY, 2019–2026 (MILLION UNITS) 152
TABLE 116 GERMANY: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY ACCESSORY, 2019–2026 (USD BILLION) 152
TABLE 117 GERMANY: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD BILLION) 153
12.3.2 UK 153
12.3.2.1 Construction sector to offer lucrative opportunities for market in UK 153
TABLE 118 UK: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, 2019–2026 (USD BILLION) 153
TABLE 119 UK: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY EQUIPMENT, 2019–2026 (THOUSAND UNITS) 154
TABLE 120 UK: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY EQUIPMENT, 2019–2026 (USD BILLION) 154
TABLE 121 UK: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY CONSUMABLE, 2019–2026 (KILOTONS) 154
TABLE 122 UK: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY CONSUMABLE, 2019–2026 (USD BILLION) 155
TABLE 123 UK: WELDING CONSUMABLES MARKET SIZE, BY GAS TYPE,
2019–2026 (KILOTONS) 155
TABLE 124 UK: WELDING CONSUMABLES MARKET SIZE, BY GAS TYPE,
2019–2026 (USD BILLION) 155
TABLE 125 UK: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY ACCESSORY, 2019–2026 (MILLION UNITS) 156
TABLE 126 UK: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY ACCESSORY, 2019–2026 (USD BILLION) 156
TABLE 127 UK: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD BILLION) 157
12.3.3 FRANCE 157
12.3.3.1 Increasing investment in infrastructure boosts market in France 157
TABLE 128 FRANCE: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, 2019–2026 (USD BILLION) 157
TABLE 129 FRANCE: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY EQUIPMENT, 2019–2026 (THOUSAND UNITS) 158
TABLE 130 FRANCE: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY EQUIPMENT, 2019–2026 (USD BILLION) 158
TABLE 131 FRANCE: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY CONSUMABLE, 2019–2026 (KILOTONS) 158
TABLE 132 FRANCE: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY CONSUMABLE, 2019–2026 (USD BILLION) 159
TABLE 133 FRANCE: WELDING CONSUMABLES MARKET SIZE, BY GAS TYPE,
2019–2026 (KILOTONS) 159
TABLE 134 FRANCE: WELDING CONSUMABLES MARKET SIZE, BY GAS TYPE,
2019–2026 (USD BILLION) 159
TABLE 135 FRANCE: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY ACCESSORY, 2019–2026 (MILLION UNITS) 160
TABLE 136 FRANCE: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY ACCESSORY, 2019–2026 (USD BILLION) 160
TABLE 137 FRANCE: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD BILLION) 161
12.3.4 ITALY 161
12.3.4.1 Increasing demand for welding consumables from automakers in Italy 161
TABLE 138 ITALY: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, 2019–2026 (USD BILLION) 161
TABLE 139 ITALY: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY EQUIPMENT, 2019–2026 (THOUSAND UNITS) 162
TABLE 140 ITALY: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY EQUIPMENT, 2019–2026 (USD BILLION) 162
TABLE 141 ITALY: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY CONSUMABLE, 2019–2026 (KILOTONS) 162
TABLE 142 ITALY: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY CONSUMABLE, 2019–2026 (USD BILLION) 163
TABLE 143 ITALY: WELDING CONSUMABLES MARKET SIZE, BY GAS TYPE,
2019–2026 (KILOTONS) 163
TABLE 144 ITALY: WELDING CONSUMABLES MARKET SIZE, BY GAS TYPE,
2019–2026 (USD BILLION) 163
TABLE 145 ITALY: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY ACCESSORY, 2019–2026 (MILLION UNITS) 164
TABLE 146 ITALY: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY ACCESSORY, 2019–2026 (USD BILLION) 164
TABLE 147 ITALY: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD BILLION) 165
12.3.5 REST OF EUROPE 165
TABLE 148 REST OF EUROPE: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, 2019–2026 (USD BILLION) 165
TABLE 149 REST OF EUROPE: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY EQUIPMENT,
2019–2026 (THOUSAND UNITS) 165
TABLE 150 REST OF EUROPE: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY EQUIPMENT, 2019–2026 (USD BILLION) 166
TABLE 151 REST OF EUROPE: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY CONSUMABLE, 2019–2026 (KILOTONS) 166
TABLE 152 REST OF EUROPE: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY CONSUMABLE,
2019–2026 (USD BILLION) 166
TABLE 153 REST OF EUROPE: WELDING CONSUMABLES MARKET SIZE, BY GAS TYPE, 2019–2026 (KILOTONS) 167
TABLE 154 REST OF EUROPE: WELDING CONSUMABLES MARKET SIZE, BY GAS TYPE, 2019–2026 (USD BILLION) 167
TABLE 155 REST OF EUROPE: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY ACCESSORY, 2019–2026 (MILLION UNITS) 167
TABLE 156 REST OF EUROPE: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY ACCESSORY, 2019–2026 (USD BILLION) 168
TABLE 157 REST OF EUROPE: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD BILLION) 168
12.4 NORTH AMERICA 168
TABLE 158 NORTH AMERICA: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY COUNTRY, 2019–2026 (USD BILLION) 169
TABLE 159 NORTH AMERICA: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, 2019–2026 (USD BILLION) 169
TABLE 160 NORTH AMERICA: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY EQUIPMENT,
2019–2026 (THOUSAND UNITS) 169
TABLE 161 NORTH AMERICA: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY EQUIPMENT, 2019–2026 (USD BILLION) 170
TABLE 162 NORTH AMERICA: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY CONSUMABLE, 2019–2026 (KILOTONS) 170
TABLE 163 NORTH AMERICA: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY CONSUMABLE,
2019–2026 (USD BILLION) 170
TABLE 164 NORTH AMERICA: WELDING CONSUMABLES MARKET SIZE, BY GAS TYPE, 2019–2026 (KILOTONS) 171
TABLE 165 NORTH AMERICA: WELDING CONSUMABLES MARKET SIZE, BY GAS TYPE, 2019–2026 (USD BILLION) 171
TABLE 166 NORTH AMERICA: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY ACCESSORY, 2019–2026 (MILLION UNITS) 171
TABLE 167 NORTH AMERICA: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY ACCESSORY, 2019–2026 (USD BILLION) 172
TABLE 168 NORTH AMERICA: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD BILLION) 172
TABLE 169 NORTH AMERICA: WELDING EQUIPMENT, ACCESSORIES, AND CONSUMABLES MARKET SIZE, BY END-USE INDUSTRY,
2019–2026 (USD BILLION) 173