Global Engine-Driven Welders Market Growth 2019-2024

Engine Driven Welders incorporate a gasoline, diesel, or propane fueled engine coupled to an electrical generator to produce power for Stick, TIG, MIG and Flux-Cored welding. Engine driven welders are typically transported on a truck or trailer and are primarily used outdoors. The electricity generated by an engine driven welder powers fans, pumps, air compressors or other electrical tools commonly found on jobsites. During power outages, an engine driven welder can also be used as a backup generator.
In the coming years there is an increasing demand for Engine-Driven Welders in the regions of North America and Europe that is expected to drive the market for more advanced Engine-Driven Welders. Growth in government budgets in the principal countries, increasing of construction fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of Engine-Driven Welders will drive growth in North America and Europe markets.
Globally, the Engine-Driven Welders industry market is concentrated as the manufacturing technology of Engine-Driven Welders is relatively matures than some high-tech equipment. And some enterprises, like Lincoln Electric, Miller, ESAB, etc. are well-known for the wonderful performance of their Engine-Driven Welders and related services. At the same time, North America, occupied 38.03% production market share in 2017, is remarkable in the global Engine-Driven Welders industry because of their market share and technology status of Engine-Driven Welders.
The consumption volume of Engine-Driven Welders is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of Engine-Driven Welders industry may not keep that fast. But it is surely forecasted that the market of Engine-Driven Welders is still promising.

According to this study, over the next five years the Engine-Driven Welders market will register a 2.0% CAGR in terms of revenue, the global market size will reach US$ 500 million by 2024, from US$ 460 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Engine-Driven Welders business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Engine-Driven Welders market by product type, application, key manufacturers and key regions and countries.

This study considers the Engine-Driven Welders value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Gasoline engine
Diesel engine
LPG fueled engine
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Infrastructure
Oil & Gas
Power Generation
Refinery
Construction
Pipeline
Mining
Maintenance
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Lincoln Electric
Miller
ESAB
Denyo
Shindaiwa
MOSA
Telwin
Genset
Inmesol
Green Power
KOVO
Xionggu

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Engine-Driven Welders consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Engine-Driven Welders market by identifying its various subsegments.
Focuses on the key global Engine-Driven Welders manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Engine-Driven Welders with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Engine-Driven Welders submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.