Product Code: TMRGL74337
Welding Torch & Wear Parts Market - Scope of Report
TMR's report on the global welding torch & wear parts market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2024 to 2034. The report provides revenue of the global welding torch & wear parts market for the period 2018-2034, considering 2024 as the base year and 2034 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global welding torch & wear parts market from 2024 to 2034.
The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players' product literature, annual reports, press releases, and relevant documents to understand the welding torch & wear parts market.
Market Snapshot |
Market Value in 2023 | US$ 6 Bn |
Market Value in 2034 | US$ 8.7 Bn |
CAGR | 3.5% |
Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global welding torch & wear parts market.
The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the global welding torch & wear parts market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global welding torch & wear parts market.
The report delves into the competitive landscape of the global welding torch & wear parts market. Key players operating in the global welding torch & wear parts market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global welding torch & wear parts market profiled in this report.
Key Questions Answered in Global welding torch & wear parts Market Report:
- What is the sales/revenue generated by welding torch & wear parts across all regions during the forecast period?
- What are the opportunities in the global welding torch & wear parts market?
- What are the major drivers, restraints, opportunities, and threats in the market?
- Which regional market is set to expand at the fastest CAGR during the forecast period?
- Which segment is expected to generate the highest revenue globally in 2034?
- Which segment is projected to expand at the highest CAGR during the forecast period?
- What are the market positions of different companies operating in the global market?
Welding Torch & Wear Parts Market - Research Objectives and Research Approach
The comprehensive report on the global welding torch & wear parts market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.
For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller ones. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.
The report analyzes the global welding torch & wear parts market in terms of product, end-user, and region. Key segments under each criterion have been studied at length, and the market share for each of these at the end of 2034 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global welding torch & wear parts market.
Table of Contents
1. Preface
- 1.1. Market Definitions and Scope
- 1.2. Market Segmentation
- 1.3. Key Research Objectives
- 1.4. Research Highlights
2. Assumptions
3. Research Methodology
4. Executive Summary
5. Market Overview
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.2. Restraints
- 5.1.3. Opportunities
- 5.2. Key Trends Analysis
- 5.2.1. Supply Side
- 5.2.2. Demand Side
- 5.3. Key Market Indicators
- 5.4. Porter's Five Forces Analysis
- 5.5. Value Chain Analysis
- 5.6. PESTEL Analysis
- 5.7. Global Welding Torch & Wear Parts Market Analysis and Forecast, 2020-2034
- 5.7.1. Market Value Projections (US$ Bn)
- 5.7.2. Market Volume Projections (Thousand Units)
6. Global Welding Torch & Wear Parts Welding Torch & Wear Parts Market Analysis and Forecast, by Type
- 6.1. Welding Torch & Wear Parts Market (US$ Bn and Thousand Units), by Type, 2020-2034
- 6.1.1. Wear Part
- 6.1.2. Torch
- 6.2. Incremental Opportunity, by Type
7. Global Welding Torch & Wear Parts Market Analysis and Forecast, by Category
- 7.1. Welding Torch & Wear Parts Market (US$ Bn and Thousand Units), by Category, 2020-2034
- 7.1.1. MIG/MAG
- 7.1.2. TIG
- 7.1.3. Plasma
- 7.2. Incremental Opportunity, by Category
8. Global Welding Torch & Wear Parts Market Analysis and Forecast, by Cooling Method
- 8.1. Welding Torch & Wear Parts Market (US$ Bn and Thousand Units), by Cooling Method, 2020-2034
- 8.1.1. Water Cooled
- 8.1.2. Gas Cooled
- 8.2. Incremental Opportunity, by Cooling Method
9. Global Welding Torch & Wear Parts Market Analysis and Forecast, by Mode of Operation
- 9.1. Welding Torch & Wear Parts Market (US$ Bn and Thousand Units), by Mode of Operation, 2020-2034
- 9.1.1. Manual
- 9.1.2. Automatic
- 9.2. Incremental Opportunity, by Mode of Operation
10. Global Welding Torch & Wear Parts Market Analysis and Forecast, by End Use Industry
- 10.1. Welding Torch & Wear Parts Market (US$ Bn and Thousand Units), by End Use Industry, 2020-2034
- 10.1.1. Automotive
- 10.1.2. Construction
- 10.1.3. Demolition & Crap
- 10.1.4. Heavy Equipment Manufacturing
- 10.1.5. Oil & Gas
- 10.1.6. Yellow Goods
- 10.1.7. Others
- 10.2. Incremental Opportunity, by End Use Industry
11. Global Welding Torch & Wear Parts Market Analysis and Forecast, by Distribution Channel
- 11.1. Welding Torch & Wear Parts Market (US$ Bn and Thousand Units), by Distribution Channel, 2020-2034
- 11.1.1. Online
- 11.1.2. Offline
- 11.2. Incremental Opportunity, by Distribution Channel
12. Global Welding Torch & Wear Parts Market Analysis and Forecast, by Region
- 12.1. Welding Torch & Wear Parts Market (US$ Bn and Thousand Units), by Region, 2020-2034
- 12.1.1. North America
- 12.1.2. Europe
- 12.1.3. Asia Pacific
- 12.1.4. Middle East and Africa
- 12.1.5. South America
- 12.2. Incremental Opportunity, by Region
13. North America Welding Torch & Wear Parts Market Analysis and Forecast
- 13.1. Regional Snapshot
- 13.2. Key Trend Analysis
- 13.3. Macroeconomic Scenario
- 13.4. Market Share Analysis (%)
- 13.5. Pricing Analysis
- 13.5.1. Weighted Average Selling Price (US$)
- 13.6. Welding Torch & Wear Parts Market (US$ Bn and Thousand Units), by Type, 2020-2034
- 13.6.1. Wear Part
- 13.6.2. Torch
- 13.7. Welding Torch & Wear Parts Market (US$ Bn and Thousand Units), by Category, 2020-2034
- 13.7.1. MIG/MAG
- 13.7.2. TIG
- 13.7.3. Plasma
- 13.8. Welding Torch & Wear Parts Market (US$ Bn and Thousand Units), by Cooling Method, 2020-2034
- 13.8.1. Water Cooled
- 13.8.2. Gas Cooled
- 13.9. Welding Torch & Wear Parts Market (US$ Bn and Thousand Units), by Mode of Operation, 2020-2034
- 13.9.1. Manual
- 13.9.2. Automatic
- 13.10. Welding Torch & Wear Parts Market (US$ Bn and Thousand Units), by End Use Industry, 2020-2034
- 13.10.1. Automotive
- 13.10.2. Construction
- 13.10.3. Demolition & Crap
- 13.10.4. Heavy Equipment Manufacturing
- 13.10.5. Oil & Gas
- 13.10.6. Yellow Goods
- 13.10.7. Others
- 13.11. Welding Torch & Wear Parts Market (US$ Bn and Thousand Units), by Distribution Channel, 2020-2034
- 13.11.1. Online
- 13.11.2. Offline
- 13.12. Welding Torch & Wear Parts Market (US$ Bn and Thousand Units) Forecast, By Country, 2020-2034
- 13.12.1. U.S.
- 13.12.2. Canada
- 13.12.3. Rest of North America
- 13.13. Incremental Opportunity Analysis
14. Europe Welding Torch & Wear Parts Market Analysis and Forecast
- 14.1. Regional Snapshot
- 14.2. Key Trend Analysis
- 14.3. Macroeconomic Scenario
- 14.4. Market Share Analysis (%)
- 14.5. Pricing Analysis
- 14.5.1. Weighted Average Selling Price (US$)
- 14.6. Welding Torch & Wear Parts Market (US$ Bn and Thousand Units), by Type, 2020-2034
- 14.6.1. Wear Part
- 14.6.2. Torch
- 14.7. Welding Torch & Wear Parts Market (US$ Bn and Thousand Units), by Category, 2020-2034
- 14.7.1. MIG/MAG
- 14.7.2. TIG
- 14.7.3. Plasma
- 14.8. Welding Torch & Wear Parts Market (US$ Bn and Thousand Units), by Cooling Method, 2020-2034
- 14.8.1. Water Cooled
- 14.8.2. Gas Cooled
- 14.9. Welding Torch & Wear Parts Market (US$ Bn and Thousand Units), by Mode of Operation, 2020-2034
- 14.9.1. Manual
- 14.9.2. Automatic
- 14.10. Welding Torch & Wear Parts Market (US$ Bn and Thousand Units), by End Use Industry, 2020-2034
- 14.10.1. Automotive
- 14.10.2. Construction
- 14.10.3. Demolition & Crap
- 14.10.4. Heavy Equipment Manufacturing
- 14.10.5. Oil & Gas
- 14.10.6. Yellow Goods
- 14.10.7. Others
- 14.11. Welding Torch & Wear Parts Market (US$ Bn and Thousand Units), by Distribution Channel, 2020-2034
- 14.11.1. Online
- 14.11.2. Offline
- 14.12. Welding Torch & Wear Parts Market (US$ Bn and Thousand Units) Forecast, By Country, 2020-2034
- 14.12.1. U.K.
- 14.12.2. Germany
- 14.12.3. France
- 14.12.4. Italy
- 14.12.5. Spain
- 14.12.6. The Netherlands
- 14.12.7. Rest of Europe
- 14.13. Incremental Opportunity Analysis
15. Asia Pacific Welding Torch & Wear Parts Market Analysis and Forecast
- 15.1. Regional Snapshot
- 15.2. Key Trend Analysis
- 15.3. Macroeconomic Scenario
- 15.4. Market Share Analysis (%)
- 15.5. Pricing Analysis
- 15.5.1. Weighted Average Selling Price (US$)
- 15.6. Welding Torch & Wear Parts Market (US$ Bn and Thousand Units), by Type, 2020-2034
- 15.6.1. Wear Part
- 15.6.2. Torch
- 15.7. Welding Torch & Wear Parts Market (US$ Bn and Thousand Units), by Category, 2020-2034
- 15.7.1. MIG/MAG
- 15.7.2. TIG
- 15.7.3. Plasma
- 15.8. Welding Torch & Wear Parts Market (US$ Bn and Thousand Units), by Cooling Method, 2020-2034
- 15.8.1. Water Cooled
- 15.8.2. Gas Cooled
- 15.9. Welding Torch & Wear Parts Market (US$ Bn and Thousand Units), by Mode of Operation, 2020-2034
- 15.9.1. Manual
- 15.9.2. Automatic
- 15.10. Welding Torch & Wear Parts Market (US$ Bn and Thousand Units), by End Use Industry, 2020-2034
- 15.10.1. Automotive
- 15.10.2. Construction
- 15.10.3. Demolition & Crap
- 15.10.4. Heavy Equipment Manufacturing
- 15.10.5. Oil & Gas
- 15.10.6. Yellow Goods
- 15.10.7. Others
- 15.11. Welding Torch & Wear Parts Market (US$ Bn and Thousand Units), by Distribution Channel, 2020-2034
- 15.11.1. Online
- 15.11.2. Offline
- 15.12. Welding Torch & Wear Parts Market (US$ Bn and Thousand Units) Forecast, By Country, 2020-2034
- 15.12.1. China
- 15.12.2. India
- 15.12.3. Japan
- 15.12.4. Australia
- 15.12.5. ASEAN
- 15.12.6. South Korea
- 15.12.7. Rest of Asia Pacific
- 15.13. Incremental Opportunity Analysis
16. Middle East & Africa Welding Torch & Wear Parts Market Analysis and Forecast
- 16.1. Regional Snapshot
- 16.2. Key Trend Analysis
- 16.3. Macroeconomic Scenario
- 16.4. Market Share Analysis (%)
- 16.5. Pricing Analysis
- 16.5.1. Weighted Average Selling Price (US$)
- 16.6. Welding Torch & Wear Parts Market (US$ Bn and Thousand Units), by Type, 2020-2034
- 16.6.1. Wear Part
- 16.6.2. Torch
- 16.7. Welding Torch & Wear Parts Market (US$ Bn and Thousand Units), by Category, 2020-2034
- 16.7.1. MIG/MAG
- 16.7.2. TIG
- 16.7.3. Plasma
- 16.8. Welding Torch & Wear Parts Market (US$ Bn and Thousand Units), by Cooling Method, 2020-2034
- 16.8.1. Water Cooled
- 16.8.2. Gas Cooled
- 16.9. Welding Torch & Wear Parts Market (US$ Bn and Thousand Units), by Mode of Operation, 2020-2034
- 16.9.1. Manual
- 16.9.2. Automatic
- 16.10. Welding Torch & Wear Parts Market (US$ Bn and Thousand Units), by End Use Industry, 2020-2034
- 16.10.1. Automotive
- 16.10.2. Construction
- 16.10.3. Demolition & Crap
- 16.10.4. Heavy Equipment Manufacturing
- 16.10.5. Oil & Gas
- 16.10.6. Yellow Goods
- 16.10.7. Others
- 16.11. Welding Torch & Wear Parts Market (US$ Bn and Thousand Units), by Distribution Channel, 2020-2034
- 16.11.1. Online
- 16.11.2. Offline
- 16.12. Welding Torch & Wear Parts Market (US$ Bn and Thousand Units) Forecast, By Country, 2020-2034
- 16.12.1. UAE
- 16.12.2. Saudi Arabia
- 16.12.3. Qatar
- 16.12.4. Kuwait
- 16.12.5. South Africa
- 16.12.6. Nigeria
- 16.12.7. Rest of Middle East & Africa
- 16.13. Incremental Opportunity Analysis
17. South America Welding Torch & Wear Parts Market Analysis and Forecast
- 17.1. Regional Snapshot
- 17.2. Key Trend Analysis
- 17.3. Macroeconomic Scenario
- 17.4. Market Share Analysis (%)
- 17.5. Pricing Analysis
- 17.5.1. Weighted Average Selling Price (US$)
- 17.6. Welding Torch & Wear Parts Market (US$ Bn and Thousand Units), by Type, 2020-2034
- 17.6.1. Wear Part
- 17.6.2. Torch
- 17.7. Welding Torch & Wear Parts Market (US$ Bn and Thousand Units), by Category, 2020-2034
- 17.7.1. MIG/MAG
- 17.7.2. TIG
- 17.7.3. Plasma
- 17.8. Welding Torch & Wear Parts Market (US$ Bn and Thousand Units), by Cooling Method, 2020-2034
- 17.8.1. Water Cooled
- 17.8.2. Gas Cooled
- 17.9. Welding Torch & Wear Parts Market (US$ Bn and Thousand Units), by Mode of Operation, 2020-2034
- 17.9.1. Manual
- 17.9.2. Automatic
- 17.10. Welding Torch & Wear Parts Market (US$ Bn and Thousand Units), by End Use Industry, 2020-2034
- 17.10.1. Automotive
- 17.10.2. Construction
- 17.10.3. Demolition & Crap
- 17.10.4. Heavy Equipment Manufacturing
- 17.10.5. Oil & Gas
- 17.10.6. Yellow Goods
- 17.10.7. Others
- 17.11. Welding Torch & Wear Parts Market (US$ Bn and Thousand Units), by Distribution Channel, 2020-2034
- 17.11.1. Online
- 17.11.2. Offline
- 17.12. Welding Torch & Wear Parts Market (US$ Bn and Thousand Units) Forecast, By Country, 2020-2034
- 17.12.1. Brazil
- 17.12.2. Argentina
- 17.12.3. Rest of South America
- 17.13. Incremental Opportunity Analysis
18. Competition Landscape
- 18.1. Market Player - Competition Dashboard
- 18.2. Market Revenue Share Analysis (%), (2023)
- 18.3. Company Profiles (Details - Company Overview, Sales Area/Geographical Presence, Revenue, Strategy & Business Overview)
- 18.3.1. Lincoln Electric Holdings, Inc.
- 18.3.1.1. Company Overview
- 18.3.1.2. Sales Area/Geographical Presence
- 18.3.1.3. Product Portfolio
- 18.3.1.4. Key Financials
- 18.3.1.5. Strategy & Business Overview
- 18.3.2. Miller Electric Mfg. LLC
- 18.3.2.1. Company Overview
- 18.3.2.2. Sales Area/Geographical Presence
- 18.3.2.3. Product Portfolio
- 18.3.2.4. Key Financials
- 18.3.2.5. Strategy & Business Overview
- 18.3.3. ESAB Welding and Cutting Products
- 18.3.3.1. Company Overview
- 18.3.3.2. Sales Area/Geographical Presence
- 18.3.3.3. Product Portfolio
- 18.3.3.4. Key Financials
- 18.3.3.5. Strategy & Business Overview
- 18.3.4. Hobart Brothers Company
- 18.3.4.1. Company Overview
- 18.3.4.2. Sales Area/Geographical Presence
- 18.3.4.3. Product Portfolio
- 18.3.4.4. Key Financials
- 18.3.4.5. Strategy & Business Overview
- 18.3.5. Panasonic Corporation
- 18.3.5.1. Company Overview
- 18.3.5.2. Sales Area/Geographical Presence
- 18.3.5.3. Product Portfolio
- 18.3.5.4. Key Financials
- 18.3.5.5. Strategy & Business Overview
- 18.3.6. Linde plc
- 18.3.6.1. Company Overview
- 18.3.6.2. Sales Area/Geographical Presence
- 18.3.6.3. Product Portfolio
- 18.3.6.4. Key Financials
- 18.3.6.5. Strategy & Business Overview
- 18.3.7. Colfax Corporation
- 18.3.7.1. Company Overview
- 18.3.7.2. Sales Area/Geographical Presence
- 18.3.7.3. Product Portfolio
- 18.3.7.4. Key Financials
- 18.3.7.5. Strategy & Business Overview
- 18.3.8. Dinse
- 18.3.8.1. Company Overview
- 18.3.8.2. Sales Area/Geographical Presence
- 18.3.8.3. Product Portfolio
- 18.3.8.4. Key Financials
- 18.3.8.5. Strategy & Business Overview
- 18.3.9. EWM AG
- 18.3.9.1. Company Overview
- 18.3.9.2. Sales Area/Geographical Presence
- 18.3.9.3. Product Portfolio
- 18.3.9.4. Key Financials
- 18.3.9.5. Strategy & Business Overview
- 18.3.10. Fronius International GmbH
- 18.3.10.1. Company Overview
- 18.3.10.2. Sales Area/Geographical Presence
- 18.3.10.3. Product Portfolio
- 18.3.10.4. Key Financials
- 18.3.10.5. Strategy & Business Overview
- 18.3.11. Other Key Players
- 18.3.11.1. Company Overview
- 18.3.11.2. Sales Area/Geographical Presence
- 18.3.11.3. Product Portfolio
- 18.3.11.4. Key Financials
- 18.3.11.5. Strategy & Business Overview
19. Go To Market Strategy