Welding Equipment, Accessories, and Consumables Companies

The welding equipment, accessories, and consumables market is projected to grow from USD 35.84 billion in 2025 to USD 42.14 billion by 2030, at a CAGR of 3.29% during the forecast period. Expanding steel use, automotive innovation and EV growth, advancements in welding technologies improving precision and efficiency, and rising demand from other industries are expected to drive the market for welding equipment, accessories, and consumables in recent years.

Welding Equipment, Accessories, and Consumables Market Companies

The welding equipment, accessories, and consumables market is led by major companies such as Lincoln Electric Holdings, Inc. (US), ESAB (US), Air Liquide (France), Illinois Tool Works Inc. (US), Fronius International GmbH (Austria), and Kemppi Oy (Finland). These companies have adopted growth strategies like expansions and acquisitions to expand their share in the global welding equipment, accessories, and consumables industry. The major players often relied on product launches as their main tactic, which helped them grow their customer base through ongoing product innovations.

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ESAB (US) is a worldwide leader in fabrication technology and specialty gas solutions, offering advanced equipment, consumables, and digital solutions for welding, cutting, and automation processes. Operating in over 150 countries and featuring a portfolio of highly regarded brands, ESAB serves a wide range of end markets, including shipbuilding, automotive, construction, oil & gas, power generation, general industry, and infrastructure. After its separation from Colfax Corporation in 2022, the company became an independent, publicly traded entity focused solely on fabrication technologies. It has adopted an acquisition strategy to maintain its market position and has also invested in R&D to develop new products.

The Lincoln Electric Company (US) is recognized as a leading welding product manufacturer and a major player in arc welding and cutting worldwide. Its product lineup includes equipment, filler metals, safety gear/PPE, weld fume management solutions, accessories, tools, software, and integrated automation systems. The company operates through three segments: Americas Welding, International Welding, and The Harris Products Group. The Americas Welding segment covers welding operations throughout North and South America. The International Welding segment includes welding activities in Europe, Africa, Asia, and Australia. The Harris Products Group handles the company’s global cutting, soldering, and brazing operations, along with specialty gas equipment and the retail business in the US.

MARKET RANKING

Lincoln Electric Holdings, Inc. (US), ESAB (US), Air Liquide (France), Illinois Tool Works Inc. (US), Fronius International GmbH (Austria), and Kemppi Oy (Finland) are the top players in the welding equipment, accessories, and consumables market. ESAB offers a wide range of welding equipment, accessories, and consumables and has made significant acquisitions and partnerships to improve its operations. Air Liquide has established a strong market presence by supplying various gases essential for welding processes. Air Products and Chemicals, Inc. also provides welding gases, comprehensive engineering, procurement, and construction (EPC) services, and system integration capabilities. Illinois Tool Works Inc. holds key patents and operates numerous facilities. Linde plc’s extensive global reach allows the company to strengthen its brand equity and explore new growth opportunities.

Related Reports:

Welding Equipment, Accessories, and Consumables Market by Equipment (Electrode & Filler Metal Equipment, Oxy-Fuel Gas Equipment), Accessory (Fume Extraction Equipment, Gas Flow Meter, Protective Gear), Consumable (Electrodes & Filler Materials, Fluxes & Wires Gases), Technology (Arc Welding, Oxy-Fuel Welding), End-use Industry (General Fabrication, Automotive, Construction), Region - Global Forecast to 2030