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Arc Welding Inverter Trends and Forecast
The future of the global arc welding inverter market looks promising with opportunities in the high-tech industry, heavy industry, and light industry markets. The global arc welding inverter market is expected to reach an estimated $13 billion by 2030 with a CAGR of 4.8% from 2024 to 2030. The major drivers for this market are growing industrialization and the development of global infrastructure, rising construction activity, the expanding automobile industry, and the growing need for automated welding systems, along with the increase in disposable income and rapid industrialization in the developing economies.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Arc Welding Inverter by Segment
The study includes a forecast for the global arc welding inverter by type, application, and region.
Arc Welding Inverter Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• MMA
• MIG/MAG
• TIG
• Others
Arc Welding Inverter Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• High-Tech Industry
• Heavy Industry
• Light Industry
• Others
Arc Welding Inverter Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Arc Welding Inverter Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies arc welding inverter companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the arc welding inverter companies profiled in this report include-
• Panasonic
• GYS
• OTC
• Lincoln
• Migatronic
• Esab
• Auweld
• Miller
• Fronius
• Sansha Electric
Arc Welding Inverter Market Insights
Lucintel forecasts that MIG/MAG will remain the largest segment over the forecast period because it is a flexible and frequently used welding procedure that may be utilized on a variety of materials such as steel, aluminum, and stainless steel.
APAC is expected to witness highest growth over the forecast period due to the rising demand for arc welding inverters in a wide range of industries, including construction, manufacturing, and shipbuilding in the region.
Features of the Global Arc Welding Inverter Market
Market Size Estimates: Arc welding inverter market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Arc welding inverter market size by type, application, and region in terms of value ($B).
Regional Analysis: Arc welding inverter market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the arc welding inverter market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the arc welding inverter market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the arc welding inverter market size?
Answer: The global arc welding inverter market is expected to reach an estimated $13 billion by 2030.
Q2. What is the growth forecast for arc welding inverter market?
Answer: The global arc welding inverter market is expected to grow with a CAGR of 4.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the arc welding inverter market?
Answer: The major drivers for this market are growing industrialization and the development of global infrastructure, rising construction activity, the expanding automobile industry, and the growing need for automated welding systems, along with the increase in disposable income and rapid industrialization in the developing economies.
Q4. What are the major segments for arc welding inverter market?
Answer: The future of the global arc welding inverter market looks promising with opportunities in the high-tech industry, heavy industry, and light industry markets.
Q5. Who are the key arc welding inverter market companies?
Answer: Some of the key arc welding inverter companies are as follows:
• Panasonic
• GYS
• OTC
• Lincoln
• Migatronic
• Esab
• Auweld
• Miller
• Fronius
• Sansha Electric
Q6. Which arc welding inverter market segment will be the largest in future?
Answer: Lucintel forecasts that MIG/MAG will remain the largest segment over the forecast period because it is a flexible and frequently used welding procedure that may be utilized on a variety of materials such as steel, aluminum, and stainless steel.
Q7. In arc welding inverter market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to the rising demand for arc welding inverters in a wide range of industries, including construction, manufacturing, and shipbuilding in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the arc welding inverter market by type (MMA, MIG/MAG, TIG, and others), application (high-tech industry, heavy industry, light industry, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Arc Welding Inverter Market, Arc Welding Inverter Market Size, Arc Welding Inverter Market Growth, Arc Welding Inverter Market Analysis, Arc Welding Inverter Market Report, Arc Welding Inverter Market Share, Arc Welding Inverter Market Trends, Arc Welding Inverter Market Forecast, Arc Welding Inverter Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Arc Welding Inverter Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Arc Welding Inverter Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Arc Welding Inverter Market by Type
3.3.1: MMA
3.3.2: MIG/MAG
3.3.3: TIG
3.3.4: Others
3.4: Global Arc Welding Inverter Market by Application
3.4.1: High-Tech Industry
3.4.2: Heavy Industry
3.4.3: Light Industry
3.4.4: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Arc Welding Inverter Market by Region
4.2: North American Arc Welding Inverter Market
4.2.2: North American Arc Welding Inverter Market by Application: High-Tech Industry, Heavy Industry, Light Industry, and Others
4.3: European Arc Welding Inverter Market
4.3.1: European Arc Welding Inverter Market by Type: MMA, MIG/MAG, TIG, and Others
4.3.2: European Arc Welding Inverter Market by Application: High-Tech Industry, Heavy Industry, Light Industry, and Others
4.4: APAC Arc Welding Inverter Market
4.4.1: APAC Arc Welding Inverter Market by Type: MMA, MIG/MAG, TIG, and Others
4.4.2: APAC Arc Welding Inverter Market by Application: High-Tech Industry, Heavy Industry, Light Industry, and Others
4.5: ROW Arc Welding Inverter Market
4.5.1: ROW Arc Welding Inverter Market by Type: MMA, MIG/MAG, TIG, and Others
4.5.2: ROW Arc Welding Inverter Market by Application: High-Tech Industry, Heavy Industry, Light Industry, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Arc Welding Inverter Market by Type
6.1.2: Growth Opportunities for the Global Arc Welding Inverter Market by Application
6.1.3: Growth Opportunities for the Global Arc Welding Inverter Market by Region
6.2: Emerging Trends in the Global Arc Welding Inverter Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Arc Welding Inverter Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Arc Welding Inverter Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Panasonic
7.2: GYS
7.3: OTC
7.4: Lincoln
7.5: Migatronic
7.6: Esab
7.7: Auweld
7.8: Miller
7.9: Fronius
7.10: Sansha Electric
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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