Product Code: GVR-4-68040-917-7
Arc Welding Market Summary
The global arc welding market size was valued at USD 25.7 billion in 2025 and is projected to reach USD 41.2 billion by 2033, growing at a CAGR of 6.1% from 2026 to 2033. Market growth is primarily driven by strong demand from the construction, automotive, shipbuilding, and heavy manufacturing industries for reliable, efficient metal-joining solutions.
Expansion of infrastructure projects, increasing industrial fabrication activities, and wider adoption of automated and inverter-based welding equipment are contributing to higher utilization of arc welding systems across industrial applications.
Expansion of industrial manufacturing, infrastructure development, and metal fabrication activities across sectors such as construction, transportation, shipbuilding, and energy is increasing the demand for arc welding equipment worldwide. Industries are focusing on improving welding precision, operational efficiency, and production capacity through the adoption of advanced welding technologies and automated systems. Additionally, manufacturers are integrating inverter-based equipment, robotic welding solutions, and digitally controlled welding processes to achieve better weld consistency, lower energy consumption, and reduced material defects. The growing preference for high-performance welding systems capable of meeting complex fabrication requirements is further driving market expansion.
Global Arc Welding Market Report Segmentation
This report forecasts revenue growth at global, regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2021 to 2033. For the purpose of this study, Grand View Research has segmented the arc welding market on the basis of product type, end use, and region:
- Product Type Outlook (Revenue, USD Billion; Volume, Units & Kilo Tons; 2021 - 2033)
- Equipment
- Shielded Metal/Stick Arc Welding
- MIG
- Up to 300 amps
- Above 300 amps
- TIG
- Submerged Arc Welding
- Flux Cored Welding
- Plasma Cutting Systems
- Gas & Diesel Engine Drive
- Others
- Consumables
- Stick Electrodes
- Solid MIG Wires
- Solid TIG Cut Length
- Flux-Cored Wires
- Saw Wires and Fluxes
- Others
- End Use Outlook (Revenue, USD Billion; Volume, Units & Kilo Tons; 2021 - 2033)
- Equipment by End Use
- Aerospace
- Transportation
- Building & Construction
- Energy
- Oil & Gas
- Shipbuilding
- Agriculture & Heavy Equipment
- Others
- Consumables by End Use
- Aerospace
- Transportation
- Building & Construction
- Energy
- Oil & Gas
- Shipbuilding
- Agriculture & Heavy Equipment
- Others
- Regional Outlook (Revenue, USD Billion; Volume, Units & Kilo Tons; 2021 - 2033)
- North America
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Latin America
- Brazil
- Northern Latin America
- Southern Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Scope & Assumption
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segmental Outlook
- 2.3. Competitive Insights
Chapter 3. Arc Welding Market Variables, Trends & Scope
- 3.1. Penetration & Growth Prospect Mapping
- 3.2. Value Chain Analysis
- 3.3. Regulatory Framework
- 3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraints Analysis
- 3.4.3. Market Opportunity Analysis
- 3.4.4. Industry Challenges
- 3.5. Porter's Five Forces Model
- 3.5.1. Supplier Power
- 3.5.2. Buyer Power
- 3.5.3. Threat of Substitutes
- 3.5.4. Threat from New Entrant
- 3.5.5. Competitive Rivalry
- 3.6. PESTEL Analysis
- 3.6.1. Political Landscape
- 3.6.2. Environmental Landscape
- 3.6.3. Social Landscape
- 3.6.4. Technology Landscape
- 3.6.5. Economic Landscape
- 3.6.6. Legal Landscape
- 3.7. Economic Mega Trend Analysis
- 3.8. Pricing Analysis by Region
- 3.8.1. Average Selling Price (ASP)
- 3.8.2. Observed Price
- 3.9. Arc Welding Market Revenue by Price Range, 2025
- 3.10. Arc Welding Market Revenue by Type, 2025
- 3.11. Arc Welding Equipment Installed Base as of 2025 by Regions (Units)
Chapter 4. Arc Welding Market: Product Type Estimates & Trend Analysis
- 4.1. Arc Welding Market: Product Type Movement Analysis, 2025 & 2033
- 4.2. Equipment
- 4.2.1. Market estimates and forecasts, 2021 - 2033 (USD Billion & Units)
- 4.2.1.1. Shielded Metal/Stick Arc Welding
- 4.2.1.1.1. Market estimates and forecasts, 2021 - 2033 (USD Billion & Units)
- 4.2.1.2. MIG
- 4.2.1.2.1. Market estimates and forecasts, 2021 - 2033 (USD Billion & Units)
- 4.2.1.2.2. Up to 300 amps
- 4.2.1.2.2.1. Market estimates and forecasts, 2021 - 2033 (USD Billion & Units)
- 4.2.1.2.3. Above 300 amps
- 4.2.1.2.3.1. Market estimates and forecasts, 2021 - 2033 (USD Billion & Units)
- 4.2.1.3. TIG
- 4.2.1.3.1. Market estimates and forecasts, 2021 - 2033 (USD Billion & Units)
- 4.2.1.4. Submerged Arc Welding
- 4.2.1.4.1. Market estimates and forecasts, 2021 - 2033 (USD Billion & Units)
- 4.2.1.5. Flux Cored Welding
- 4.2.1.5.1. Market estimates and forecasts, 2021 - 2033 (USD Billion & Units)
- 4.2.1.6. Plasma Cutting Systems
- 4.2.1.6.1. Market estimates and forecasts, 2021 - 2033 (USD Billion & Units)
- 4.2.1.7. Gas & Diesel Engine Drive
- 4.2.1.7.1. Market estimates and forecasts, 2021 - 2033 (USD Billion & Units)
- 4.2.1.8. Others
- 4.2.1.8.1. Market estimates and forecasts, 2021 - 2033 (USD Billion & Units)
- 4.3. Consumables
- 4.3.1. Market estimates and forecasts, 2021 - 2033 (USD Billion & Kilo Tons)
- 4.3.1.1. Stick Electrodes
- 4.3.1.1.1. Market estimates and forecasts, 2021 - 2033 (USD Billion & Kilo Tons)
- 4.3.1.2. Solid MIG Wires
- 4.3.1.2.1. Market estimates and forecasts, 2021 - 2033 (USD Billion & Kilo Tons)
- 4.3.1.3. Solid TIG Cut Length
- 4.3.1.3.1. Market estimates and forecasts, 2021 - 2033 (USD Billion & Kilo Tons)
- 4.3.1.4. Flux-Cored Wires
- 4.3.1.4.1. Market estimates and forecasts, 2021 - 2033 (USD Billion & Kilo Tons)
- 4.3.1.5. Saw Wires and Fluxes
- 4.3.1.5.1. Market estimates and forecasts, 2021 - 2033 (USD Billion & Kilo Tons)
- 4.3.1.6. Others
- 4.3.1.6.1. Market estimates and forecasts, 2021 - 2033 (USD Billion & Kilo Tons)
Chapter 5. Arc Welding Market: End Use Estimates & Trend Analysis
- 5.1. Arc Welding Market: End Use Movement Analysis, 2025 & 2033
- 5.2. Equipment
- 5.2.1. Market estimates and forecasts, 2021 - 2033 (USD Billion & Units)
- 5.2.1.1. Aerospace
- 5.2.1.1.1. Market estimates and forecasts, 2021 - 2033 (USD Billion & Units)
- 5.2.1.2. Transportation
- 5.2.1.2.1. Market estimates and forecasts, 2021 - 2033 (USD Billion & Units)
- 5.2.1.3. Building & Construction
- 5.2.1.3.1. Market estimates and forecasts, 2021 - 2033 (USD Billion & Units)
- 5.2.1.4. Energy
- 5.2.1.4.1. Market estimates and forecasts, 2021 - 2033 (USD Billion & Units)
- 5.2.1.5. Oil & Gas
- 5.2.1.5.1. Market estimates and forecasts, 2021 - 2033 (USD Billion & Units)
- 5.2.1.6. Shipbuilding
- 5.2.1.6.1. Market estimates and forecasts, 2021 - 2033 (USD Billion & Units)
- 5.2.1.7. Agriculture & Heavy Equipment
- 5.2.1.7.1. Market estimates and forecasts, 2021 - 2033 (USD Billion & Units)
- 5.2.1.8. Others
- 5.2.1.8.1. Market estimates and forecasts, 2021 - 2033 (USD Billion & Units)
- 5.3. Arc Welding Market: End Use Movement Analysis, 2025 & 2033
- 5.4. Consumables
- 5.4.1. Market estimates and forecasts, 2021 - 2033 (USD Billion & Kilo Tons)
- 5.4.1.1. Aerospace
- 5.4.1.1.1. Market estimates and forecasts, 2021 - 2033 (USD Billion & Kilo Tons)
- 5.4.1.2. Transportation
- 5.4.1.2.1. Market estimates and forecasts, 2021 - 2033 (USD Billion & Kilo Tons)
- 5.4.1.3. Building & Construction
- 5.4.1.3.1. Market estimates and forecasts, 2021 - 2033 (USD Billion & Kilo Tons)
- 5.4.1.4. Energy
- 5.4.1.4.1. Market estimates and forecasts, 2021 - 2033 (USD Billion & Kilo Tons)
- 5.4.1.5. Oil & Gas
- 5.4.1.5.1. Market estimates and forecasts, 2021 - 2033 (USD Billion & Kilo Tons)
- 5.4.1.6. Shipbuilding
- 5.4.1.6.1. Market estimates and forecasts, 2021 - 2033 (USD Billion & Kilo Tons)
- 5.4.1.7. Agriculture & Heavy Equipment
- 5.4.1.7.1. Market estimates and forecasts, 2021 - 2033 (USD Billion & Kilo Tons)
- 5.4.1.8. Others
- 5.4.1.8.1. Market estimates and forecasts, 2021 - 2033 (USD Billion & Kilo Tons)
Chapter 6. Arc Welding Market: Regional Estimates & Trend Analysis
- 6.1. Arc Welding Market: Regional Movement Analysis, 2025 & 2033
- 6.2. North America
- 6.2.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
- 6.2.2. Market estimates and forecasts, by product type, 2021 - 2033 (USD Billion, Units & Kilo Tons)
- 6.2.3. Market estimates and forecasts, by end use, 2021 - 2033 (USD Billion, Units & Kilo Tons)
- 6.2.4. U.S.
- 6.2.4.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
- 6.2.4.2. Market estimates and forecasts, by product type, 2021 - 2033 (USD Billion, Units & Kilo Tons)
- 6.2.4.3. Market estimates and forecasts, by end use, 2021 - 2033 (USD Billion, Units & Kilo Tons)
- 6.2.5. Canada
- 6.2.5.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
- 6.2.5.2. Market estimates and forecasts, by product type, 2021 - 2033 (USD Billion, Units & Kilo Tons)
- 6.2.5.3. Market estimates and forecasts, by end use, 2021 - 2033 (USD Billion, Units & Kilo Tons)
- 6.2.6. Mexico
- 6.2.6.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
- 6.2.6.2. Market estimates and forecasts, by product type, 2021 - 2033 (USD Billion, Units & Kilo Tons)
- 6.2.6.3. Market estimates and forecasts, by end use, 2021 - 2033 (USD Billion, Units & Kilo Tons)
- 6.3. Europe
- 6.3.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
- 6.3.2. Market estimates and forecasts, by product type, 2021 - 2033 (USD Billion, Units & Kilo Tons)
- 6.3.3. Market estimates and forecasts, by end use, 2021 - 2033 (USD Billion, Units & Kilo Tons)
- 6.3.4. Germany
- 6.3.4.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
- 6.3.4.2. Market estimates and forecasts, by product type, 2021 - 2033 (USD Billion, Units & Kilo Tons)
- 6.3.4.3. Market estimates and forecasts, by end use, 2021 - 2033 (USD Billion, Units & Kilo Tons)
- 6.3.5. Spain
- 6.3.5.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
- 6.3.5.2. Market estimates and forecasts, by product type, 2021 - 2033 (USD Billion, Units & Kilo Tons)
- 6.3.5.3. Market estimates and forecasts, by end use, 2021 - 2033 (USD Billion, Units & Kilo Tons)
- 6.3.6. UK
- 6.3.6.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
- 6.3.6.2. Market estimates and forecasts, by product type, 2021 - 2033 (USD Billion, Units & Kilo Tons)
- 6.3.6.3. Market estimates and forecasts, by end use, 2021 - 2033 (USD Billion, Units & Kilo Tons)
- 6.3.7. Italy
- 6.3.7.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
- 6.3.7.2. Market estimates and forecasts, by product type, 2021 - 2033 (USD Billion, Units & Kilo Tons)
- 6.3.7.3. Market estimates and forecasts, by end use, 2021 - 2033 (USD Billion, Units & Kilo Tons)
- 6.3.8. France
- 6.3.8.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
- 6.3.8.2. Market estimates and forecasts, by product type, 2021 - 2033 (USD Billion, Units & Kilo Tons)
- 6.3.8.3. Market estimates and forecasts, by end use, 2021 - 2033 (USD Billion, Units & Kilo Tons)
- 6.4. Asia Pacific
- 6.4.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
- 6.4.2. Market estimates and forecasts, by product type, 2021 - 2033 (USD Billion, Units & Kilo Tons)
- 6.4.3. Market estimates and forecasts, by end use, 2021 - 2033 (USD Billion, Units & Kilo Tons)
- 6.4.4. China
- 6.4.4.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
- 6.4.4.2. Market estimates and forecasts, by product type, 2021 - 2033 (USD Billion, Units & Kilo Tons)
- 6.4.4.3. Market estimates and forecasts, by end use, 2021 - 2033 (USD Billion, Units & Kilo Tons)
- 6.4.5. India
- 6.4.5.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
- 6.4.5.2. Market estimates and forecasts, by product type, 2021 - 2033 (USD Billion, Units & Kilo Tons)
- 6.4.5.3. Market estimates and forecasts, by end use, 2021 - 2033 (USD Billion, Units & Kilo Tons)
- 6.4.6. Japan
- 6.4.6.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
- 6.4.6.2. Market estimates and forecasts, by product type, 2021 - 2033 (USD Billion, Units & Kilo Tons)
- 6.4.6.3. Market estimates and forecasts, by end use, 2021 - 2033 (USD Billion, Units & Kilo Tons)
- 6.4.7. Australia
- 6.4.7.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
- 6.4.7.2. Market estimates and forecasts, by product type, 2021 - 2033 (USD Billion, Units & Kilo Tons)
- 6.4.7.3. Market estimates and forecasts, by end use, 2021 - 2033 (USD Billion, Units & Kilo Tons)
- 6.4.8. South Korea
- 6.4.8.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
- 6.4.8.2. Market estimates and forecasts, by product type, 2021 - 2033 (USD Billion, Units & Kilo Tons)
- 6.4.8.3. Market estimates and forecasts, by end use, 2021 - 2033 (USD Billion, Units & Kilo Tons)
- 6.5. Latin America
- 6.5.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
- 6.5.2. Market estimates and forecasts, by product type, 2021 - 2033 (USD Billion, Units & Kilo Tons)
- 6.5.3. Market estimates and forecasts, by end use, 2021 - 2033 (USD Billion, Units & Kilo Tons)
- 6.5.4. Brazil
- 6.5.4.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
- 6.5.4.2. Market estimates and forecasts, by product type, 2021 - 2033 (USD Billion, Units & Kilo Tons)
- 6.5.4.3. Market estimates and forecasts, by end use, 2021 - 2033 (USD Billion, Units & Kilo Tons)
- 6.5.5. Southern Latin America
- 6.5.5.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
- 6.5.5.2. Market estimates and forecasts, by product type, 2021 - 2033 (USD Billion, Units & Kilo Tons)
- 6.5.5.3. Market estimates and forecasts, by end use, 2021 - 2033 (USD Billion, Units & Kilo Tons)
- 6.5.6. Northern Latin America
- 6.5.6.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
- 6.5.6.2. Market estimates and forecasts, by product type, 2021 - 2033 (USD Billion, Units & Kilo Tons)
- 6.5.6.3. Market estimates and forecasts, by end use, 2021 - 2033 (USD Billion, Units & Kilo Tons)
- 6.6. Middle East & Africa
- 6.6.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
- 6.6.2. Market estimates and forecasts, by product type, 2021 - 2033 (USD Billion, Units & Kilo Tons)
- 6.6.3. Market estimates and forecasts, by end use, 2021 - 2033 (USD Billion, Units & Kilo Tons)
- 6.6.4. Saudi Arabia
- 6.6.4.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
- 6.6.4.2. Market estimates and forecasts, by product type, 2021 - 2033 (USD Billion, Units & Kilo Tons)
- 6.6.4.3. Market estimates and forecasts, by end use, 2021 - 2033 (USD Billion, Units & Kilo Tons)
- 6.6.5. South Africa
- 6.6.5.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
- 6.6.5.2. Market estimates and forecasts, by product type, 2021 - 2033 (USD Billion, Units & Kilo Tons)
- 6.6.5.3. Market estimates and forecasts, by end use, 2021 - 2033 (USD Billion, Units & Kilo Tons)
Chapter 7. Competitive Landscape
- 7.1. Recent Developments & Impact Analysis, By Key Market Participants
- 7.2. Company Categorization
- 7.3. Company Dashboard Analysis
- 7.4. Company Positioning Analysis
- 7.5. Company Market Positioning By Price Brands
- 7.6. Competitive Structure Analysis, 2025 by Regions
- 7.7. Company Heat Map Analysis, 2025
- 7.8. List of Key Companies by Regions
- 7.9. Key Steel Company Production, 2024
- 7.10. Key Large Steel Suppliers
- 7.11. Strategy Mapping
- 7.12. Company Profiles
- 7.12.1. Lincoln Electric Holdings, Inc.
- 7.12.1.1. Company overview
- 7.12.1.2. Financial performance
- 7.12.1.3. Product benchmarking
- 7.12.1.4. Strategic initiatives
- 7.12.2. Miller Electric Mfg. LLC
- 7.12.2.1. Company overview
- 7.12.2.2. Financial performance
- 7.12.2.3. Product benchmarking
- 7.12.2.4. Strategic initiatives
- 7.12.3. Hobart Brothers LLC (ITW)
- 7.12.3.1. Company overview
- 7.12.3.2. Financial performance
- 7.12.3.3. Product benchmarking
- 7.12.3.4. Strategic initiatives
- 7.12.4. American Weldquip (Profax Group)
- 7.12.4.1. Company overview
- 7.12.4.2. Financial performance
- 7.12.4.3. Product benchmarking
- 7.12.4.4. Strategic initiatives
- 7.12.5. ESAB
- 7.12.5.1. Company overview
- 7.12.5.2. Financial performance
- 7.12.5.3. Product benchmarking
- 7.12.5.4. Strategic initiatives
- 7.12.6. Fronius International GmbH
- 7.12.6.1. Company overview
- 7.12.6.2. Financial performance
- 7.12.6.3. Product benchmarking
- 7.12.6.4. Strategic initiatives
- 7.12.7. Kemppi Oy
- 7.12.7.1. Company overview
- 7.12.7.2. Financial performance
- 7.12.7.3. Product benchmarking
- 7.12.7.4. Strategic initiatives
- 7.12.8. Panasonic Connect Co., Ltd. (Panasonic Holdings Corporation)
- 7.12.8.1. Company overview
- 7.12.8.2. Financial performance
- 7.12.8.3. Product benchmarking
- 7.12.8.4. Strategic initiatives
- 7.12.9. Illinois Tool Works Inc.
- 7.12.9.1. Company overview
- 7.12.9.2. Financial performance
- 7.12.9.3. Product benchmarking
- 7.12.9.4. Strategic initiatives
- 7.12.10. Ador Welding
- 7.12.10.1. Company overview
- 7.12.10.2. Financial performance
- 7.12.10.3. Product benchmarking
- 7.12.10.4. Strategic initiatives
- 7.12.11. voestalpine Bohler Welding Group GmbH
- 7.12.11.1. Company overview
- 7.12.11.2. Financial performance
- 7.12.11.3. Product benchmarking
- 7.12.11.4. Strategic initiatives
- 7.12.12. Jasic Technology Company Limited
- 7.12.12.1. Company overview
- 7.12.12.2. Financial performance
- 7.12.12.3. Product benchmarking
- 7.12.12.4. Strategic initiatives
- 7.12.13. SHANGHAI HUGONG ELECTRIC (GROUP)CO.,LTD
- 7.12.13.1. Company overview
- 7.12.13.2. Financial performance
- 7.12.13.3. Product benchmarking
- 7.12.13.4. Strategic initiatives
- 7.12.14. Lorch SchweiBtechnik GmbH
- 7.12.14.1. Company overview
- 7.12.14.2. Financial performance
- 7.12.14.3. Product benchmarking
- 7.12.14.4. Strategic initiatives
- 7.12.15. HYUNDAI WELDING CO., LTD
- 7.12.15.1. Company overview
- 7.12.15.2. Financial performance
- 7.12.15.3. Product benchmarking
- 7.12.15.4. Strategic initiatives
- 7.12.16. CEA Costruzioni Elettromeccaniche Annettoni S.p.A.
- 7.12.16.1. Company overview
- 7.12.16.2. Financial performance
- 7.12.16.3. Product benchmarking
- 7.12.16.4. Strategic initiatives
- 7.12.17. Migatronic A/S
- 7.12.17.1. Company overview
- 7.12.17.2. Financial performance
- 7.12.17.3. Product benchmarking
- 7.12.17.4. Strategic initiatives