Portable Welding Generators Market size shall reach a value of $x Million in 2027, growing with a CAGR of 9.7% during the forecast period of 2020 to 2027.
Market Definition / Research Scope
Portable welding generators are used to generate an electric current that is important to undergo the process of welding. A portable welding generator is provided with a fuel engine such as gasoline or diesel, which transforms mechanical energy into electrical energy. Portable welding generators mainly serve as appliances that enable a welder to utilize control over whether current is direct current (DC) or alternating current (AC), as well as voltage and amperage.
Portable welding generators are largely used in stick welding, pipe welding, arc welding, wire welding, TIG welding, and plasma cutting. They are important devices used at farms, automobile industry, construction sites, and others. Portable welding generators are categorized into two types and they are single-phase welding generators and three-phase welding generators.
A welding generator establishes power for welding without dependency on mains electricity. All that is needed is filling the generator tank, and the welder generator will power the welding equipment wherever it is needed.
Portable Welding Generators Market Growth and Trends
Driving factors for the industry :
• The portable welding generators market is projected to experience substantial growth and demand due to increased welding activities in various end sector industries in both developed and developing economies all around the world.
• Global economic expansion and consistent growth of the construction and building sector industries, various offshore, oil and gas and aerospace industries also contribute to the rapid growth of the portable welding generators market.
• Rapid automation and emergence of new and advanced technologies while the manufacturing of these portable welding generators are also key factors which will propel the market’s demand all around the world and bolster in it’s growth exponentially during the forecasted period.
• Portable welding generators are of high power which in turn leads to higher productivity, accelerating it’s demand in various end sector industries. The government also in various countries is taking up measures and awareness for developing, improving and making an all round infrastructural transformation for these portable welding generators, which in turn will help the market to grow and become even more popular in the forecasted period and the near future.
• North America will hold a major portion of the portable welding generators market share, due to the presence of established and technologically advanced welding industries.
• Due to the growing infrastructure and urbanisation of construction industries in the Asia Pacific region, there will be demand for more portable welding generators, thereby leading to an exponential growth of the market in the near future.
Challenging factors for the industry :
• Developing economies, or countries who are new to the field of welding and other industrialisations will be slow in their set up and sanction of these portable welding generators, which in turn will hamper the market’s growth.
• The high installation and maintenance cost that comes along with the manufacture and adoption of these portable welding generators and also it’s limited use in shipbuilding construction industries are two challenging factor which will hinder the market’s growth in few years.
Portable Welding Generators Market Regional Analysis
Portable Welding Generators Market Share and Competition
Key companies operating in this industry are: Kirloskar Electric Company, Ador Welding Limited, GASTECH ELECTRONIC PRODUCTS PVT LTD., Honda Motor Company, Ltd., Cruxweld Industrial Equipment Ltd., Hobart Welding Products, The Lincoln Electric Company, Klutch, Miller Electric Mfg. LLC, ESAB, Thermal Arc, DuroMax Power Equipment, Shindaiwa Limited, and vidhataindia.com. Similar industries in this domain that is growing at a high CAGR include Aircraft Passenger Oxygen Generators Market and Vector Signal Generator Market.
Portable Welding Generators Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2020 – 2027)
• Data breakdown for every market segment (2020 – 2027)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Power Type Analysis (Revenue, USD Million, 2020 - 2027)
• Single Phase Welding Generators
• Three Phase Welding Generators
Application Analysis (Revenue, USD Million, 2020 - 2027)
• Arc Welding
• Stick Welding
• Pipe Welding
• Wire Welding
• TIG Welding
• Plasma Cutting
Fuel Type Analysis (Revenue, USD Million, 2020 - 2027)
Region Analysis (Revenue, USD Million, 2020 - 2027)
• United States
• United Kingdom
• South Korea
• Middle East
• Rest of World
Portable Welding Generators Market Companies
• Kirloskar Electric Company
• Ador Welding Limited
• GASTECH ELECTRONIC PRODUCTS PVT LTD.
• Honda Motor Company, Ltd.
• Cruxweld Industrial Equipment Ltd.
• Hobart Welding Products
• The Lincoln Electric Company
• Miller Electric Mfg. LLC
• Thermal Arc
• DuroMax Power Equipment
• Shindaiwa Limited
Available Versions: -
United States Portable Welding Generators Market Research Report
Europe Portable Welding Generators Market Research Report
Asia Pacific Portable Welding Generators Market Research Report
India Portable Welding Generators Market Research Report
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