According to the report published by Future Market Insights, the Welding Guns Market is anticipated to attain a value pool of USD 20 billion by 2023-end. Global demand for Welding Guns is expected to rise at a CAGR of 5.8% to USD 35 billion in 2033.
Increasing Preference for Automated Welding Guns to Drive the Market Growth
Growing preference for automation: The welding industry is witnessing a shift towards automation to increase productivity, reduce errors, and enhance safety. Welding guns are being integrated with robotic systems to automate welding processes, which is expected to drive the demand for welding guns in the coming years.
Increasing focus on safety: With the growing emphasis on worker safety, the welding industry is paying more attention to safety features in welding equipment, including welding guns. The demand for welding guns that offer enhanced safety features, such as thermal overload protection and quick-release triggers, is on the rise.
Growing Demand for Portable and Compact Welding Guns
Increasing demand for welding guns in emerging economies: The demand for welding guns is increasing in emerging economies due to the growth of the manufacturing sector, particularly in countries such as China, India, and Brazil. The rise in construction activities and infrastructure development is also expected to drive the demand for welding guns in these regions.
Growing demand for lightweight and portable welding guns: There is an increasing demand for lightweight and portable welding guns due to the ease of handling and maneuverability they offer. Welding guns with advanced ergonomic features are also gaining popularity due to the comfort they provide to the operator during long hours of use.
Rising demand for high-performance welding guns: The demand for high-performance welding guns is increasing due to the need for greater welding efficiency and precision. Advanced welding guns with features such as multi-process capabilities, high-speed welding, and real-time monitoring are in high demand.
Increasing Adoption of Robotic Welding Guns in Industrial Applications
Integration with advanced welding technologies: Welding guns are increasingly being integrated with advanced welding technologies such as digital controls, sensors, and automatic wire-feeding systems. These features offer increased precision and accuracy in welding applications, resulting in improved weld quality and reduced rework.
Rise in the adoption of robotic welding systems: The use of robotic welding systems is on the rise, and welding guns are being designed to work in tandem with these systems. Robotic welding systems offer improved welding consistency and accuracy, as well as increased productivity
Advancements in Wireless and Remote Control Welding Technology: Advancements in wireless and remote control welding technology are a new trend in the welding gun market that is gaining momentum. This trend is driven by the increasing demand for improved safety, efficiency, and precision in welding processes. Wireless and remote control welding technology enables welders to operate welding guns from a distance, eliminating the need for them to be physically close to the welding machine.
This technology allows welders to work in hazardous or hard-to-reach locations, improving safety and reducing the risk of injury. This technology enables multiple welders to work on the same project simultaneously, which can save time and increase efficiency. Welding guns can be controlled remotely from a single location, allowing for coordinated efforts and better workflow. As a result, the demand for welding guns with wireless and remote control technology is increasing, driving innovation and competition in the welding gun market.
Data Points | Key Statistics |
---|---|
Expected Market Value in 2023 | USD 20 billion |
Projected Market Value in 2033 | USD 35 billion |
Growth Rate (2023 to 2033) | 5.8% CAGR |
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Insights revealed by the latest assessment on the welding guns market portray substantial gains, with the market expanding at over 5% CAGR from 2021 to 2031. Demand growth will witness a steady recovery in the short term, with an optimistic growth outlook in the long run. The surge in demand from thesemiconductor industry will create opportunities in near future.
Welding guns market is directly dependent on the requirement for welding process. Welding processes have substantial applications for metal fabrication in manufacturing industries including automotive, marine, aerospace, railways, general fabrication, energy, building, and construction, etc.
The demand is estimated to increase at a significant pace owing to increasing industrial production and manufacturing activities. Welding guns generally have tips and nozzles that are easier for cleaning and changing, this makes them suitable for high-volume welding operations. Some guns come with necks that have the ability to rotate or bend enabling the welder to reach difficult joint angles without causing wrist strain.
The demand for passenger cars is increasing and leading to growing automotive production and the automotive aftermarket as well. Automotive manufacturing requires welding operations to a remarkable extent which is likely to drive the demand for welding process and subsequently welding guns during the forecast period.
One of the challenging factors restraining the growth of welding guns market is the slow rate of adapting newer welding technologies. Cost sensitivity is the factor hampering investments in advanced welding technologies in developing countries.
Advanced welding technologies such as automated welding machines are getting commissioned in developed countries. However, employing these technologies in developing economies is remarkably lower due to the high costs of products and low investment availability.
Rapid urbanization is the crucial factor boosting the constructional requirements. Besides continuous innovation in welding technologies for welding complex and large structures in the construction industry is fuelling the growth of welding guns market.
The ongoing crisis of COVID-19 has severely hit the global economy. The impact of pandemic has compelled results in national lockdowns causing the complete shutdown of production activities and supply chain networks across the globe consequently affecting the welding guns market severely.
However, the market is expected to witness a sharp recovery as economic activity resumes post the containment of the pandemic.
With the blooming industrial sector, including manufacturing, construction, utilities, and oil & gas, demand for welding processes, subsequently Welding guns, in the global market is expected to rise during the forecast period. Countries in the East Asia region such as China, Taiwan, Japan, and South Korea are expected to witness high demand for welding processes in the upcoming years.
On account of the early adopters of robotic-based welding as well as conventional methods is projected to remain a dominant share in the global market. Moreover, the three countries being the prominent industrial production hubs also pose a favorable market for welding guns.
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Companies from East Asia, the USA, and domestic states are poised for shifting their production facilities in the region. Significant growth in the Eastern and Central Europe regions is also anticipated to witness significant growth in the demand for Welding processes, subsequently contributing to the global Welding guns market during the forecast period.
Some of the leading manufacturers and suppliers include:
Many leading manufacturers are focused on establishing their manufacturing facilities in the countries from the Asia Pacific such as India, China, Thailand, and Taiwan to cater to increasing demand in the region.
The report is a compilation of first-hand information, qualitative and quantitative assessments by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments.
The report also maps the qualitative impact of various market factors on market segments and geographies.
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Product Type 6.2. Welding Type 6.3. End Use Industry 7. Global Market Analysis and Forecast, By Product Type 7.1. Robotic Guns 7.2. Manual Guns 7.3. Innershield Guns 7.4. Specialty guns 8. Global Market Analysis and Forecast, By Welding Type 8.1. Spot Welding 8.2. Arc Welding 8.2.1. Flux Cored Welding 8.2.2. MIG Welding 8.2.3. Shielded Metal Arc welding 8.2.4. Gas Metal Arc welding 8.2.5. Gas Tungsten Arc Welding 8.3. Others 9. Global Market Analysis and Forecast, By End Use Industry 9.1. Transportation 9.1.1. Automotive 9.1.2. Marine 9.1.3. Aerospace 9.2. Shipbuilding 9.3. Energy 9.4. Metal Fabrication 9.5. Buildings and Construction 9.6. Oil and Gas 9.7. Others 10. Global Market Analysis and Forecast, By Region 10.1. North America 10.2. Latin America 10.3. Western Europe 10.4. Eastern Europe 10.5. Asia Pacific 10.6. Middle East and Africa 11. North America Sales Analysis and Forecast, by Key Segments and Countries 12. Latin America Sales Analysis and Forecast, by Key Segments and Countries 13. Western Europe Sales Analysis and Forecast, by Key Segments and Countries 14. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries 15. Asia Pacific Sales Analysis and Forecast, by Key Segments and Countries 16. Middle East and Africa Sales Analysis and Forecast, by Key Segments and Countries 17. Sales Forecast by Product Type, Welding Type, and End Use Industry for 30 Countries 18. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 19. Company Profile 19.1. Lincoln Electric 19.2. TAYOR 19.3. Kent 19.4. Panasonic 19.5. Carl Cloos Schweisstechnik GmbH 19.6. NIMAK GmbH 19.7. CM Industries 19.8. Milco Manufacturing 19.9. ARO Technologies 19.10. Miller Welding 19.11. Kemppi 19.12. Centerline
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