Submerged arc welding is commonly used in industries where thick steel sheets are involved or where long welds are required. The process consists in creating a welded joint between steel components using an electric arc submerged beneath a layer of powdered flux.
This report contains market size and forecasts of Submerged ARC Welding Equipment in Global, including the following market information:
Global Submerged ARC Welding Equipment Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Submerged ARC Welding Equipment market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Tractors Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Submerged ARC Welding Equipment include Lincoln Electric, Miller, ESAB and Voestalpine, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Submerged ARC Welding Equipment companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Submerged ARC Welding Equipment Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Submerged ARC Welding Equipment Market Segment Percentages, by Type, 2021 (%)
Tractors
Column And Booms
Power Source/Welders
Feed Head
Controller
Global Submerged ARC Welding Equipment Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Submerged ARC Welding Equipment Market Segment Percentages, by Application, 2021 (%)
Structural Construction
Pressure Vessel
Chemical
Shipbuilding
Others
Global Submerged ARC Welding Equipment Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Submerged ARC Welding Equipment Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Submerged ARC Welding Equipment revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Submerged ARC Welding Equipment revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Lincoln Electric
Miller
ESAB
Voestalpine