The Global Portable Welding Generators Market holds the potential to reach USD XX Bn. by 2027 during a forecast period.
The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
Global Portable Welding Generators Market Portable welding generators generate power for welding without relying on the main power supply. These generators run on liquid fuels including diesel and petrol. Portable welding generators are adopted in a variety of welding operations such as arc welding, pipe welding, stick welding, TIG welding, and plasma cutting operations. Growing demand for efficient welding in a wide range of fabrication and manufacturing processes is expected to create lucrative opportunities for the market during the forecast period.
The report covers the detailed analysis of the Global Portable Welding Generators industry with the classifications of the market on the power type, application, fuel type, and region. Analysis of past market dynamics from 2016 to 2019 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key player's contribution in it.
The report has profiled fourteen key players in the market from different regions. However, the report has considered all market leaders, followers, and new entrants with investors while analyzing the market and estimating the size of the same. The manufacturing environment in each region is different and focus is given on the regional impact on the cost of manufacturing, supply chain, availability of raw materials, labor cost, availability of advanced technology, trusted vendors are analyzed and the report has come up with recommendations for a future hot spot in the APAC region. Major country’s policies about manufacturing and its impact on motor demand are covered in the report.
Global Portable Welding Generators Market Dynamics
Increasing demand for Portable Welding Generators in industrial applications is driving the market
Increasing demand for a variety of welding operations in the industrial sector is driving the market. The increasing population in emerging countries and growing demand for developed infrastructure and the construction sector are expected to fuel the market growth over the forecast period. Portable welding generators are designed for heavy-duty cycles.
The increasing popularity of welding generators in auto repair, farmers, and DIY enthusiasts is expected to propel the market growth over the forecast period. The long lifespan of these welding generators is the supporting factor for the market growth. Portable welding generators can also be used for other purposes such as lighting and other electricity needs when welding operation is not running.
Increasing demand for advanced welding generators in the automotive sector is expected to boost the market growth during the forecast period. Growing automation in industries is expected to create a positive influence on the market during the forecast period.
The high cost of portable welding generators is expected to hinder the market growth
The high purchasing and maintenance cost of portable welding generators is expected to hinder the market growth over the forecast period. In addition to this, the slack in the adoption rate of portable welding generators in underdeveloped countries is the restraining factor for the market.
Growing preference for portable welding generators is expected to create new opportunities
With the growing adoption of portable welding generators instead of traditional welding, generators are expected to create lucrative opportunities for the market over the forecast period. Growing technological advancement in semi-automatic and automatic portable welding machines is expected to generate new prospects for the market during the forecast period.
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The market is divided into four main segments and further into sub-segments to forecast the market size by value.
Global Portable Welding Generators Market, by Power Type
• Single Phase Welding Generators
• Three Phase Welding Generators
The three-phase welding generator segment is expected to command the largest market share of XX% by 2027.
Three-phase welding generators are more efficient as compared to single-phase welding generators. The increasing adoption of three-phase welding generators in a wide range of heavy-duty industrial applications is expected to fuel the segment growth over the forecast period. A three-phase power circuit provides better load balancing and high-energy-density.
The Single-phase welding generators segment is also expected to experience significant growth, thanks to the increasing use of portable welding generators in the rural and residential area where power requirement is low. Moreover, single-phase generators are less expensive as compared to three-phase generators, which are further expected to create a positive influence on segment growth.
Global Portable Welding Generators Market, by Application
• Arc Welding
• Stick Welding
• Pipe Welding
• Wire Welding
• TIG Welding
• Plasma Cutting
The stick welding segment is expected to command the largest market share of XX% by 2027.
Stick welding is the most common and popular method of welding. Stick welding is highly used in steel fabrication, construction & building, pipeline work, and repairing heavy industrial equipment. Equipment required for stick welding is less expensive as compared to other welding types.
This type of welding is less sensitive to dirt and corrosion all these benefits of stick welding make them the preferred type of welding in a variety of applications, which is further expected to boost the segment growth over the forecast period. TIG welding segment is also expected to experience significant growth over the forecast period, thanks to their ability to weld most conventional metals including steel, aluminum, nickel alloys, copper alloys, titanium, and cobalt.
Global Portable Welding Generators Market, by Fuel Type
• Petrol
• Diesel
• Gas
Diesel and petrol both the segments are expected to register significant growth during the forecast period.
Rising energy demand for welding machines is expected to boost the segment growth over the forecast period. Availability of petrol and diesel fuels is also expected to accelerate the segment growth over the forecast period. Increasing use of three-phase diesel generators in the industrial sector is further expected to propel the segment growth.
Global Portable Welding Generators Market, by Region
• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• South America
North America is expected to register the highest growth at XX% CAGR during the forecast period.
North America has commanded the largest market share of XX% in 2019. The presence of well-established key players in the region is the supporting factor for the market growth. The increasing popularity of portable welding generators among the local repair shops and construction industry is expected to fuel the market demand over the forecast period. The presence of technological advancement in the region is further expected to accelerate market growth.
Increasing automation and high disposable income are some of the factors responsible for the market growth in the region. Asia Pacific is expected to experience the highest growth at XX% CAGR over the forecast period, Thanks to the growing industrialization in the region. Industries like fabrication, manufacturing, automotive, and others use a wide range of various welding techniques.
Emerging countries of APAC are expected to act as an engine for market growth in the region. Increasing awareness of portable welding generators in these emerging countries is expected to boost the market growth over the forecast period. High demand for uninterrupted power supply for heavy-duty welding applications is expected to propel the market growth over the forecast period. Growing urbanization and increasing disposable income of the populace are also expected to fuel the demand for portable welding generators in residential and commercial applications.
Covid-19 Impact on the Global Portable Welding Generators Market:
• The coronavirus pandemic has placed tremendous pressure on businesses and sectors across the globe. Governments from all countries have introduced a lock-up to detect the transmission of infectious diseases. The contribution of these regulations has created a negative impact on the Generator industry.
• The coronavirus adversely impacted the Portable Welding Generators market. Restriction on public transportation and the disruption caused by the lockdown would harm the market. Most of the sectors are not functioning properly due to the influence of Covid-19 which has caused an adverse impact on the Global Portable Welding Generators Market.
The objective of the report is to present a comprehensive analysis of the Global Portable Welding Generators Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.
The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Portable Welding Generators Market dynamics, structure by analyzing the market segments and project the Global Portable Welding Generators Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Portable Welding Generators Market make the report investor’s guide.
Presence of Intense Competition in the Market.
The presence of domestic and international players has created intense competition in the global portable welding generators market. Companies are expanding their product portfolio by introducing a wide range of single-phase and three-phase portable welding generators in the market. The report covers a detailed analysis of all the key players, their business strategies, and financial details.
Global Portable Welding Generators Market, by Power Type
• Single Phase Welding Generators
• Three Phase Welding Generators
Global Portable Welding Generators Market, by Application
• Arc Welding
• Stick Welding
• Pipe Welding
• Wire Welding
• TIG Welding
• Plasma Cutting
Global Portable Welding Generators Market, by Fuel Type
• Petrol
• Diesel
• Gas
Global Portable Welding Generators Market, by Region
• Asia-Pacific
• North America
• Europe
• South America
• Middle East & Africa
Key Players Operating in the Global Portable Welding Generators Market
• 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
• vidhataindia.com
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