Top Companies in Europe Welding Equipment Market
This report lists the top Europe Welding Equipment companies based on the 2023 & 2024 market share reports. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the Europe Welding Equipment industry.
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Lincoln Electric Holdings Inc.
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Kemppi Oy
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Elektriska Svetsnings-Aktiebolaget (ESAB)
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Fronius International GmbH
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Carl Cloos Schweisstechnik GmbH
*Disclaimer: Top companies sorted in no particular order
Europe Welding Equipment Market Concentration
Europe Welding Equipment Company List
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Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments). Key Strategic Moves, Market Share Analysis, Company Landscape, and List of Companies.
Europe Welding Equipment Market Companies Summary
The European welding equipment market is seeing a resurgence in the manufacturing sector, which is having a significant impact on the welding industry. The advent of the 4th Industrial Revolution, or Industry 4.0, is transforming the manufacturing process, leading to increased production speed, better quality, and improved productivity. This shift towards digitalization has created a need for businesses in the welding industry to focus on technological advancements to stay competitive. Traditional welding techniques such as arc welding and resistance welding remain popular, but there is a growing demand for welding robots in the manufacturing industry, particularly in the automotive sector. The European steel industry is also seeing a stable increase, with the majority of steel consumption occurring through the welding process. This trend presents an opportunity for equipment manufacturers to tap into the growing market. As the region moves further into the Digital Age of Industry 4.0, businesses need to ensure that their workforce is equipped with digital welding skills to keep up with the changes. The Russian welding industry, despite facing supply chain disruptions due to conflict, is seeing growth in the welded pipes market due to expansion in the oil and gas industry. This growth has created a positive impact on the welding equipment market in Russia.
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Who are the key players in Europe Welding Equipment Market?
Lincoln Electric Holdings Inc., Kemppi Oy, Elektriska Svetsnings-Aktiebolaget (ESAB), Fronius International GmbH and Carl Cloos Schweisstechnik GmbH are the major companies operating in the Europe Welding Equipment Market.