WELDING EQUIPMENT MARKET ANALYSIS

Leading Companies

Global Welding Equipment Market: Key Developments                          

In February 2023, TriMas announced that it has signed an agreement to acquire the operating net assets of Weldmac Manufacturing Company (“Weldmac”), a leading designer and manufacturer of high-performance, complex metal fabricated components and assemblies for the aerospace, defense, and space launch end markets.

In November 2022, Manufacturing Technology, Inc., (supplier of Rotary friction welding machines) acquired Friction Welding Technologies Pvt. Ltd. (FWT), a direct drive friction weld company. It was the result of their strategic partnership formed in 2017. Through the acquisition, MTI aims to increase its product offerings in North America and Europe.

In January 2022, Fronius International GmbH introduced an intelligent, high-end series of Option CycleTIG named “iWave,” which offers high-quality, flexible, and flawless weld results for all weldable materials. This multiprocess system provides customized solutions as per the requirements.

In December 2021, The Lincoln Electric Company, (global manufacturer of welding products, arc welding equipment, welding consumables, plasma and oxy-fuel cutting equipment, and robotic welding systems) introduced Welder/Generator‘Ranger 330MPX EFI’, a versatile and compact unit built for all seasons with a more powerful, smarter, smaller, and quieter machine.

Global Welding Equipment Market: Key Companies Insights   

Key players operating in the Global Welding Equipment Market are Amada Miyachi, Inc., Arcon Welding Equipment, Colfax Corporation, DAIHEN Corporation, ESAB Welding & Cutting Products, Fronius International GmbH, Illinois Tool Works, Inc., Nelson Stud Welding (Doncasters Group, Ltd.), Obara Corporation, Panasonic Corporation, Rofin-Sinar Technologies, Sonics & Materials, Inc., The Lincoln Electric Company, and Voestalpine AG.