Industrial robots refer to programmable, mechanical devices used in place of people to perform dangerous or repetitive tasks with a high degree of accuracy. A robot has its own control system and is not controlled by a machine. The main types of industrial robots are articulated robots, linear robots, cylindrical robots, parallel robots, scara robots, and other robots. Linear robots are a form of industrial robot that has two or three main axes that move in a straight line rather than rotate and work at right angles to each other. The three sliding joints correspond to wrist movement: up and down, back and forth, and in and out. The various applications of industrial robots included pick and plane, welding and soldering, material handling, assembling, cutting and processing, and other applications. The various end-user industries involved are automotive, electrical and electronics, healthcare and pharmaceuticals, food and beverages, rubber and plastics, metals and machinery, and other end-user industries. The industrial robots market research report is one of a series of new reports from The Business Research Company that provides industrial robots market statistics, including industrial robots industry global market size, regional shares, competitors with an industrial robots market share, detailed industrial robots market segments, market trends and opportunities, and any further data you may need to thrive in the industrial robots industry. This industrial robots market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global industrial robots market size will grow from $47.21 billion in 2022 to $52.34 billion in 2023 at a compound annual growth rate (CAGR) of 10.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global industrial robots market size is expected to grow from $77.23 billion in 2027 at a CAGR of 10.2%. The shortage of skilled workers is contributing to the growth of the industrial robots market. As there is an increase in production requirements and due to high demand manufacturers are not able to fulfil the supply due to a shortage of skilled labor. Shortage of skilled labor exists due to two main reasons, the presence of unskilled workers and skilled workers but not available for work. According to the Department of Labor, as of January 2020, the US economy had 7 million job openings, but only 5.6 million people were looking for work. Producers to maintain a high supply are thus opting for the installation of robots. Industrial robots increase the overall productivity, efficiency, and effectiveness of the company. Therefore, the shortage of labor gives rise to other opportunities for the addition of robots to the workforce. High purchase and installation costs of industrial robots are expected to limit the growth of the industrial robots market. A robot installation is very costly as it is not only for the purchase of the robot but also for integration, programming, and maintenance. This is a major challenge for Small and Medium-size enterprises (SMEs) as they produce in low volumes and returns on investment will be a challenge. Moreover, fast-changing consumer preferences will also result in customization of a machine which will be again hard for SMEs to do so. According to RobotWorx, an industrial robot manufacturer's cost of an average new industrial robot ranges from $50,000 to $80,000 whereas it can go up to $100,000 to $150,000 as application specifics are added. Therefore, the high purchase and installation of industrial robots are expected to limit the growth of the industrial robots market. Automated mobile robots (AMR) are one of the recent trends in the industrial robots market. AMR is a robot that is designed to move materials across a plant floor or through a warehouse without the aid and direction of a human worker. Floor cleaners, forklifts, and pallet movers are examples of types of AMRs. For instance, Fetch Robotics, a California-based firm handles heavy loads in its warehouse by using AMR. Fetch Robotics cloud computing program enables an operator to scale and control all operations with the click of a button. It eliminates employee risk for injury and increases the efficiency of their overall operations. In March 2021, Accenture, a multinational company having specializations in information technology and consulting, based out of Irelands has announced the acquisition of Pollux for an undisclosed amount. As a result of this acquisition, Accenture intends to witness the tangible benefits of full integration of information technology and operations technology, which will help Accenture's manufacturing clients. Pollux Robotics is a Brazilian company that creates industrial robots. Major players in the industrial robots market are ABB, Yaskawa, Kuka, Fanuc, Mitsubishi Electric, Kawasaki Heavy Industries, Denso, Nachi Fujikoshin, Epson, and Dürr. The Asia-Pacific was the largest region in the industrial robots in 2022. Western Europe was the second largest region in the global industrial robots market. The regions covered in the global industrial robots report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the industrial robots market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The industrial robots market consists of sales of manipulator, controller, electroactive polymers, elastic nanotubes. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global industrial robots market is segmented - 1) By Product Type: Articulated Robots, Linear Robots, Cylindrical Robots, Parallel Robots, Scara Robots, Other Product Types 2) By End-User Industry: Automotive, Electrical And Electronics, Healthcare & Pharmaceuticals, Food & Beverages, Rubber & Plastics, Metals & Machinery, Other End-User Industries 3) By Application: Pick And Plane, Wielding And Soldering, Material Handling, Assembling, Cutting And Processing, Other Applications

Top robotics refers to a branch of engineering that manufactures industrial and service robotics which are digitized, highly programmable, and capable of moving across more than three dimensions. The main types of top robotics are top industrial robots and top services robots. An industrial robot refers to one that is developed to automate intensive production tasks such as those needed by a continuously moving assembly line used to free humans from repetitive tasks such as house cleaning and others. These robots are widely used for several applications such as handling, welding and soldering, assembling and disassembling, dispensing, and others in various sectors such as automotive, electrical, chemical, food & beverages, and others. The top robotics market research report is one of a series of new reports from The Business Research Company that provides top robotics market statistics, including top robotics industry global market size, regional shares, competitors with a top robotics market share, detailed top robotics market segments, market trends and opportunities, and any further data you may need to thrive in the top robotics industry. This top robotics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global top robotics market size grew from $88.28 billion in 2022 to $110.23 billion in 2023 at a compound annual growth rate (CAGR) of 24.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The top robotics market size is expected to grow to $219.28 billion in 2027 at a CAGR of 18.8%. The increase in use of robots in the logistics sector is projected to fuel the growth of the top robotics market over the coming years. The total procedure of handling how assets are bought, stored, and transported to their eventual destination is referred to as logistics. Robotics in logistics allows for remote connections with devices from which humans can observe and oversee the robot's operations, as well as lower logistics costs, more rapid cargo preparation, and higher delivery precision. For instance, according to the International Federation of Robotics, a US-based professional non-profit organization to promote, strengthen and protect the robotics industry, about 121,000 professional service robots were sold in 2021. Sales of medical robots were up 23% to 14,823 units. Therefore, the increasing use of robots in the logistics sector drives the growth of the top robotics market. The growing technological advancements are shaping the top robotics market. Technological advancements have authorized manufacturers to use lightweight robots that can manage numerous tasks and improve productivity. Artificial intelligence, machine learning, and other emerging technologies have been put into robots to replicate human intelligence and facilitate some of the jobs that humans perform. For instance, in January 2020, Omron, a Japan-based electronics company launched the Omron i4 which has an inbuilt AI system for predictive maintenance. This is a next-generation industrial robot that can identify and communicate when it's time for repairs and maintenance. In March 2021, Accenture, an Ireland-based company that provides consulting and processing services acquired Pollux for an undisclosed amount. The acquisition will expand Accenture’s capabilities for clients in consumer goods, pharmaceutical, and automotive industries seeking to make their factories, plants, and supply chains more productive, safe, and sustainable. Pollux is a Brazil-based provider of industrial robotics and automation solutions. Major players in the top robotics market are ABB Ltd., Yaskawa, FANUC, KUKA, Kawasaki Heavy Industries, Nachi-Fujikoshi, Honda Motor, Adept Technology, Mitsubishi Electric, Northrop Grumman, Denso, Epson, Universal Robots, Omron Adept, Stäubli, Comau, Yamaha, ST Robotics, CMA Robotics, Daifuku, Neato Robotics, SoftBank Robotics Group, UBtech Robotics, GE Inspection Robotics, and Starship Technologies. Asia-Pacific was the largest region in the top robotics market in 2022. The regions covered in the top robotics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the top robotics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The top robotics market consists of sales of articulated, cartesian, SCARA, cylindrical robotics. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global top robotics market is segmented - 1) By Type: Top Industrial Robotics, Top Services Robotics 2) By Application: Handling, Welding And Soldering, Assembling And Disassembling, Dispensing, Other Applications 3) By End Use Industry: Automotive, Electrical And Electronics, Metals And Machinery, Food And Beverages, Pharmaceuticals And Cosmetics, Other End Use Industries

The WLCSP electroless plating is defined as a true chip-scale packaging (CSP) technology that minimizes, reduces package size, and enhances the thermal conduction characteristics of chips, which includes packaging and integrated circuits at the wafer level, instead of the traditional process of assembling individual units into packages. It is used in connecting the printed circuit board using solder balls. The main types of WLCSP electroless plating markets are nickel, copper, composites, and other types. Nickel is a lustrous silvery-white metal that is used to protect parts from natural wear, abrasion, and corrosion. The various applications include corrosion resistance, wear resistance, appearance, solderability, and other applications such as enhanced conductivity. The end use involves automotive, electronics, aerospace, machinery, and other end users. The WLCSP electroless plating market research report is one of a series of new reports from The Business Research Company that provides WLCSP electroless plating market statistics, including WLCSP electroless plating industry global market size, regional shares, competitors with a WLCSP electroless plating market share, detailed WLCSP electroless plating market segments, market trends and opportunities, and any further data you may need to thrive in the WLCSP electroless plating industry. This WLCSP electroless plating market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global wlcsp electroless plating market size grew from $1.98 billion in 2022 to $2.21 billion in 2023 at a compound annual growth rate (CAGR) of 11.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The wlcsp electroless plating market size is expected to grow to $3.32 billion in 2027 at a CAGR of 10.7%. A rise in the impending need for circuit miniaturisation and microelectronic devices is the major factor driving the growth of the WLCSP electroless plating market going forward. Electronics miniaturisation refers to a set of circuit design procedures that reduce the size of the electronics in a device by making them denser and, in some cases, partitioning them differently to reduce the overall number of components. WLCSP electroless plating helps circuit miniaturisation and microelectronic devices by offering better shielding than conventional plating processes and cost-effectiveness. For instance, in 2021, according to the U.S. Department of Energy, an executive department of the U.S. federal government allocated nearly $54 million for 10 new projects led by DOE’s national laboratories to increase energy efficiency in microelectronics design and production. Therefore, the rise in the impending need for circuit miniaturization and microelectronic devices is driving the WLCSP electroless plating market. Product innovation is a key trend gaining popularity in the WLCSP electroless plating market. Major players operating in the WLCSP electroless plating market are developing new products to strengthen their position in the WLCSP electroless plating market. In December 2020, Atotech, a UK-based chemicals and equipment company operating in the WLCSP electroless plating market, launched its newest product, DynaSmart. The unique automation design of DynaSmart makes it possible to transfer several product carriers through various plating tanks at once. The unique feature of DynaSmart's groundbreaking automation architecture makes it possible to transfer several product carriers through various plating tanks at once. It comes in a modular design and is small in size. As a result, it can be used in factories that have already been designed. In September 2020, AOTCO Metal Finishing Co., a US-based company involved in offering metal finishing services to prime manufacturers and their subcontractors in the aerospace, medical, defense, and optical industries, acquired Plating for Electronics (PFE) for an undisclosed amount. With this acquisition, AOTCO Metal Finishing Co. broadens its sustainable product portfolio and improves its position in expanded anodized colours and laser marking. Plating For Electronics (PFE) is a US-based company involved in offering creative anodizing, electroplating, and laser marking services to customers nationwide, providing exceptional service and quality operating in the WLCSP electroless plating market. Major players in the wlcsp electroless plating market are ARC Technologies Inc., Atotech Deutschland GmbH, Bales Metal Surface Solutions (Bales), C. Uyemura & Co. Ltd., COVENTYA International, ERIE PLATING COMPANY, KC Jones Plating Company, MacDermid Inc., Nihon Parkerizing Co. Ltd., Okuno Chemical Industries Co. Ltd., Bajaj Electroplaters, Peninsula Metal Finishing Inc., Allied Finishing, Precision Plating Co., and Klein Plating Works Inc. Europe was the largest region in the WLCSP electroless plating market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this WLCSP electroless plating market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the WLCSP electroless plating market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The WLCSP electroless plating market consists of revenues earned by entities by providing WLCSP electroless plating services such as layout & mask tooling, wafer RDL patterning and bumping (ball sphere loaded or plated), automated optical inspection (AOI) for quality assurance and wafer map generation. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global WLCSP electroless plating market is segmented - 1) By Type: Nickel, Copper, Composites, Other Types 2) By Application: Corrosion Resistance, Wear Resistance, Appearance, Solderability, Others (including Enhanced Conductivity) 3) By End-User: Automotive, Electronics, Aerospace, Machinery, Other End Users

SCARA stands for selective compliance assembly robot Arm. It is an industrial robot with arm-shaped and exact human hand motions that are highly reliable, accurate, and fast in a compact design. This makes the robot suitable for assembly lines and production systems. The SCARA robot is used in various industries such as packaging, manufacturing, assembling, and others where pick-and-place or assembly operations with high speed and high accuracy are required. The main types of SCARA robots are hardware, software, service, testing, training, and maintenance. The different payload capacities include up to 5.00 kg, 5.01–15.00 kg, and more than 15.00 kg. The SCARA robot payload capacity of up to 5.01–15.00 kg is used in the assembly, packaging, lifting, and other operations. The SCARA robots, with a play load capacity of 5.01–15.00 kg, are capable of lifting moderate weights in the assembly lines for speed operation and high load performance. The different applications include handling, assembling and disassembling, welding and soldering, dispensing, processing, and others, and are employed in electrical and electronics, automotive, metals and machinery, plastics, rubbers, and chemicals, precision engineering and optics, food and beverages, pharmaceuticals and cosmetics, and other industries. The SCARA robots market research report is one of a series of new reports from The Business Research Company that provides SCARA robots market statistics, including SCARA robots industry global market size, regional shares, competitors with SCARA robots market share, detailed SCARA robots market segments, market trends and opportunities, and any further data you may need to thrive in the SCARA robots industry. This anomaly detection market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global scara robot market size grew from $7.89 billion in 2022 to $9.06 billion in 2023 at a compound annual growth rate (CAGR) of 14.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The scara robot market size is expected to grow to $15.54 billion in 2027 at a CAGR of 14.4%. The increase in the adoption of automation in industries is expected to propel the growth of the SCARA robot market going forward. Industrial automation refers to the use of control systems, such as computers or robots, and information technology for managing various processes and machinery in an industry to replace a human being. In recent years, many industries have adopted SCARA robots to achieve maximum automation and efficiency in operations. Integration of SCARA robots into manufacturing industries provides the advantage of improving productivity, quality, and safety of workers by reducing errors and waste, along with adding flexibility to the manufacturing process. For instance, according to the Manufacturing Today India article, an India-based manufacturing news agency, it is estimated that by 2050, approximately 85–90% of manufacturing firms in India will adopt automation in operations. Therefore, the increase in the adoption of automation in industries is driving the growth of the SCARA robot market. Technological advancement is the key trend that is gaining popularity in the SCARA robot market. Major companies operating in the SCARA robot market are focused on developing new technological solutions that could provide better solutions and services to various industries to optimize their business operations and strengthen their position. For instance, in June 2022, Epson America, Inc., a US-based company operating in industrial robot design and manufacturing, launched its advanced SCARA robots known as Epson GX4 and GX8 SCARA Robots with Gyro sensor technology to meet high-end automation needs in manufacturing. Gyro sensor technology, or angular velocity, is used for maintaining and measuring the orientation of objects in the assembly lines for pick and lift applications in precision manufacturing. Epson GX4 and GX8 SCARA Robots are capable of achieving ultra-high precision in various manufacturing tasks such as assembly, pick and place, handling of small and delicate parts, and others that make them ideal for medical devices, electric and electronic, and consumer electronics industries. In March 2022, Bosch Rexroth AG, a Germany-based company operating in SCARA robots, acquired Kassow Robots for an undisclosed amount. Through this acquisition, Bosch Rexroth AG aims to strengthen its product portfolio of industrial robots that use artificial intelligence and 5G technology to increase productivity in manufacturing firms. Kassow Robots is a Denmark-based company that specializes in the manufacturing of SCARA robots. Major players in the SCARA robot market are Epson America Inc., Yamaha Motor Co. Ltd., The Yaskawa Electric Corporation, DENSO EUROPE B.V., Stäubli International AG, Kawasaki Heavy Industries Ltd., Mitsubishi Electric Corporation, Toshiba Machine Pvt. Ltd., ABB India Ltd., OMRON Corporation, Nachi-Fujikoshi Corp, FANUC America Corporation, Hirata Corporation, DURR Group, KUKA AG, Hiwin Corporation, Comau India Private Limited, JANOME Corporation, Googol Technology Ltd., Asic Robotics AG, Adtech Shenzhen Technology Co. Ltd., Delta Electronics Inc., FISNAR, Japan Unix Co. Ltd., Gridbots Technologies Private Limited, and Universal Robots (india) Private Limited. Asia-Pacific was the largest region in the SCARA Robot market in 2022. North America was the second largest region of the SCARA Robot market. The regions covered in the SCARA robot market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the SCARA robot market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The SCARA robot market consists of sales of 3-axis SCARA robot and 4-axis SCARA robot. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global scara robot market is segmented - 1) By Type: Hardware, Software, Service, Teasting, Training, Maintenance 2) By Payload Capacity: Up to 5.00 kg, 5.01–15.00 kg, More than 15.00 kg 3) By Application: Handling, Assembling and Disassembling, Welding and Soldering, Dispensing, Processing, Other Applications 4) By Industry: Electrical and Electronics, Automotive, Metals and Machinery, Plastics, Rubbers, and Chemicals, Precision Engineering and Optics, Food and Beverages, Pharmaceuticals and Cosmetics, Other Industries

Welding products refer to the materials or consumables that are used to carry out the welding process to create parts and finished products for a wide range of industries. These are the products that use a filler material in the welding process for joining metals such as stainless steel, aluminum, nickel, and copper alloys, cobalt, and titanium. The main product types in welding products are stick electrodes, solid wires, flux-cored wires, saw wires and fluxes, and others. Stick electrodes are consumable used for repairing work and they are self-shielded and cut down on the amount of equipment needed. The different types of technologies include arc welding, resistance welding, oxy-fuel welding, laser beam welding, others and is implemented in various verticals such as the automobile and transportation sector, building and construction, marine, and others. The welding products market research report is one of a series of new reports from The Business Research Company that provides welding products market statistics, including welding products industry global market size, regional shares, competitors with a welding products market share, detailed welding products market segments, market trends and opportunities, and any further data you may need to thrive in the welding products industry. This welding products market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global welding products market size grew from $14.96 billion in 2022 to $16.37 billion in 2023 at a compound annual growth rate (CAGR) of 9.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The welding products market size is expected to grow to $22.11 billion in 2027 at a CAGR of 7.8%. The rapid expansion of the construction sector is expected to propel the growth of the welding products market in the forecast period. The construction sector is a very diverse industry that includes various activities such as infrastructure, buildings, and maintenance. Welding is mostly used in the production of structural frameworks from metal components. Welding is used for joining trusses, footers, steel I-beams and columns that maintain a building's walls, roof, and floors. For instance, according to the Intercontinental Exchange (ICE), a US-based technology company the global construction sector is expected to grow to $8 trillion by 2030. Therefore, the rapid expansion in the construction sector drives the growth of the welding products market. Technological advancement in welding products is a key trend gaining popularity in the welding products market. The key players in the welding products market are developing technologically advanced products with improved impact wear resistance and combined abrasion to meet industrial requirements. For instance, in July 2022, Vitesco Technologies, a Germany-based automotive supplier for drivetrain and powertrain technologies, launched new green laser equipment, a new laser welding technology for sustainable manufacturing. Depending on the application, the use of green lasers can cut energy consumption by up to 20% and the CO2 footprint per laser-welded joint when compared to infrared laser systems, which have been the industry standard in copper welding up until now. In November 2022, Manufacturing Technology, Inc., (MTI), a US-based contract precision manufacturer, acquired Friction Welding Technologies Pvt. Ltd. (FWT) for an undisclosed amount. The acquisition enables MTI to broaden their product line and global reach with the addition of 40,000 square feet of space in India. The acquisition gives FWT more resources to grow their position in the markets they now serve. Friction Welding Technologies is an India-based direct drive friction welding company. Major players in the welding products market are The Lincoln Electric Company, Colfax Corporation, Illinois Tool Works Inc., Kemppi Oy, Kiswel Inc., Obara Corporation, Senor Metals Pvt. Ltd., Tianjin Bridge Welding Materials Co. Ltd., ESAB, and Ador Welding Ltd. Asia-Pacific was the largest region in the welding products market in 2022. The regions covered in the welding products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the welding products market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The welding products market consists of sales of filler metals, TIG torches, ground clamps, and welding cables. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global welding products market is segmented - 1) By Product: Stick Electrodes, Solid Wires, Flux Cored Wires, Saw Wires and fluxes, Other Products 2) By Technology: Arc Welding, Resistance Welding, Oxy Fuel Welding, Laser Beam Welding, Other Technologies 3) By Application: Automotive And Transportation, Building And Construction, Marine, Other Applications

Welding consumable refer to any material used for making or protecting a weld. The welding consumables are used to join the thermoplastics and metals utilizing coalescence. These are used in different applications to make them a final product in different industries. A welding consumable produces a fume composition that contains 14% chromium as Cr (III), and it is overalloyed with 2–4% Ni to encourage the formation of austenite in the weld metal and to maintain the phase balance. The main types of welding consumables are stick electrodes, solid wires, flux-cored wires, saw wires, and fluxes. Stick electrodes have a high depth of penetration and can dig through corrosion, oil, paint, and dirt. For root welding passes on a pipe, many skilled pipe welders use these all-position electrodes. The different types of consumables include stick electrodes, gases, strip cladding electrodes, submerged arc wires and fluxes, wires, other consumables and involve various welding types such as arc welding, energy beam welding, plasma arc welding, submerged arc welding, electro slag welding, resistance welding, other welding types. These are used in heavy engineering, automotive and transportation, railways, construction, shipbuilding, and other applications. The welding consumables market research report is one of a series of new reports from The Business Research Company that provides welding consumables market statistics, including welding consumables industry global market size, regional shares, competitors with a welding consumables market share, detailed welding consumables market segments, market trends and opportunities, and any further data you may need to thrive in the welding consumables industry. This welding consumables market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global welding consumables market size grew from $14.71 billion in 2022 to $15.99 billion in 2023 at a compound annual growth rate (CAGR) of 8.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The welding consumables market size is expected to grow to $20.37 billion in 2027 at a CAGR of 6.2%. The growth of the construction industry is contributing to the growth of the welding consumables market. The construction industry mainly involves building and repairing structures. Building construction mainly uses welding in the creation of structural frameworks from metal components. Welding has been used for connecting steel I-beams, trusses, columns, and footers, to support the walls, roof, and floors of a building. For instance, according to the FMI Corporation, a US-based management consulting company, in comparison to 2021, engineering and construction investment will increase by 5% in 2022. Therefore, the growth of the construction industry is driving the growth of the welding consumables market. Strategic collaborations and partnerships are a key trend gaining popularity in the welding consumables market. Major companies operating in the market are focusing on partnerships and collaborations to lead the market. For instance, in March 2020, Voestalpine AG, an Austria-based manufacturer of high-quality steel products acquired Selco s.r.l. for an undisclosed amount. With this acquisition, voestalpine Böhler Welding would further expand its market position after the launch of the welding machine series. Selco s.r.l is an Italy-based manufacturer of welding machines. Moreover, In March 2020, voestalpine Böhler Welding, a Germany-based company providing welding consumables including joint welding, maintenance, repair, overlay welding, and brazing, as well as welding equipment and accessories acquired a majority stake in the Selco s.r.l. With this acquisition, voestalpine Böhler Welding would further expand its market position by the launch of the welding machine series in its "Böhler Welding" brand. In addition to strengthening their position as welding solution providers, Selco s.r.l. coordinate a combination of welding consumables and welding machines for voestalpine Böhler Welding. Selco s.r.l, an Italy-based manufacturer of welding machines   . In August 2021, Indutrade AB, a Sweden-based industrial valve manufacturing company, acquired Advance Welding for $5.55 million. This acquisition complements Indutrade and allows further growth in the utility market and wastewater segment. Advance Welding is a UK-based company that designs and manufactures electrofusion welding equipment for utility companies. Major players in the welding consumables market are Lincoln Electric Holdings Inc., Illinois Tool Works Inc., Air Liquide S.A., Hyundai Welding Co. Ltd., WB Alloy Welding Products Limited, Hermann Fliess & Co. Gmbh, Voestalpine AG, FSH Welding Group, Industrial Welding Corporation, Gedik Welding Inc., Italfil Spa, Precision Weldarc Limited, Welmet Technologies Private Limited, and Yenitek Corporate Group. Asia-Pacific was the largest region in the welding consumables market in 2022. The regions covered in the welding consumables report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the welding consumables market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The welding consumables market consists of sales of stick electrodes, solid wires, flux-cored wires, SAW wires, fluxes. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global welding consumables market is segmented - 1) By Type: Stick Electrodes, Solid Wires, Flux Cored Wires, SAW Wires, and Fluxes 2) By Consumables: Stick Electrodes, Gases, Strip Cladding Electrodes, Submerged Arc Wires and Fluxes, Wires, Other Consumables 3) By Welding Type: Arc Welding, Energy Beam Welding, Plasma Arc Welding, Submerged Arc Welding, Electro Slag Welding, Resistance Welding, Other Welding Types 4) By Application: Heavy Engineering, Automotive and Transportation, Railways, Construction, Shipbuilding, Other Applications

Welding gas, or shielding gas, refers to the combination of various chemically inert or semi-inert gases that are utilized to protect the welding area from moisture and other environmental gases in commercial welding. The welding gas or shielding gas is used to keep air out of arcs, metal fabrication, high carbon steel, aluminum-based containers, and join different metals to form containers. The main types of welding gas or shielding gas are argon, carbon dioxide, oxygen, hydrogen, and other types. Argon is a non-toxic inert gas used for welding on aluminum and magnesium metals. The main storage, transportation, and distribution models are cylinder and packaged gas distribution, and merchant liquid and bulk distribution. These are applicable in metal arc welding, gas tungsten arc welding, and other applications. The various end-user industries include metal manufacturing and fabrication, construction, energy, aerospace, and other end-user industries The welding gas/shielding gas market research report is one of a series of new reports from The Business Research Company that provides welding gas/shielding gas market statistics, including welding gas/shielding gas industry global market size, regional shares, competitors with a welding gas/shielding gas market share, detailed welding gas/shielding gas market segments, market trends and opportunities, and any further data you may need to thrive in the welding gas/shielding gas industry. This welding gas/shielding gas market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry. The global welding gas/shielding gas market size grew from $2.71 billion in 2022 to $2.92 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The welding gas/shielding gas market size is expected to grow to $3.87 billion in 2027 at a CAGR of 7.3%. Growth in metal manufacturing and metal fabrication industries is expected to propel the growth of the welding gas or shielding gas market forward. Metal manufacturing and metal fabrication refer to the process of manufacturing metal sheets and castings by smelting, casting, and mining metal. Welding and shielding gases are used in the fabrication and manufacturing of metal products to join two parts of metal sheets due to their properties such as strength, durability, and resistance to corrosion. For instance, in 2022, according to World Population Review, a US-based global independent organization that provides demographic information about the population, total global steel production in 2021 was 1950.5 million tonnes and 4 million tonnes in 2020, representing a 3.7% increase in total global production. Further, according to Canadian Industry Statistics, a Canada-based government agency that provides industrial data, the total manufacturing value of metal fabricated products was $42.4 billion in 2019 and increased by up to 8.2% every year in Canada. Therefore, the growing metal manufacturing and metal fabrication industries are driving the welding gas or shielding gas market. Technological advancements are a key trend gaining popularity in the welding gas and shielding gas market. Major companies operating in the welding gas and shielding gas markets are concentrating their efforts on creating innovative technologies to make welding operations faster and safer. For instance, Air Liquide S.A., a France-based technology company that provides industrial gases and services to different industrial sectors, launched Qlixbi. This innovative packaged gas, equipped with digital technology, offers unique features including continuous supply and faster application of gas in welding operations with a suite of innovative cylinders and digital solutions. The digital applications of Qlixbi offer insights that help to improve welding operational productivity and improve efficiency. In April 2022, Air Products and Chemicals, Inc., a US-based chemical company that provides industrial gases, acquired Air Liquide for an amount of $11.2 billion. This acquisition helps Air Products to increase its welding gas product portfolio, workforce, and product reach in the UAE and Bahrain. Air Liquide SA is a French-based chemical company specialising in welding and shielding gases. Major players in the welding gas/shielding gas market are Air Products and Chemicals Inc., Gulf Cryo, Linde PLC, Iwatani Corporation, Praxair Inc., Taiyo Nippon Sanso Corporation, Southern Industrial Gas Sendirian Berhad, The Messer Group GmbH, American Welding Gas Inc., Ellenbarrie Industrial Gases Ltd., Lincoln Electric Holdings Inc., Elektriska Svets-Aktiebolaget, Fronius International GmbH, Gas Innovations, and Sterling Gases Limited North America was the largest region in the welding gas/shielding gas market in 2022. The regions covered in this welding gas/shielding gas market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the welding gas/shielding gas market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The welding gas or shielding gas market consists of sales of argon and helium. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global welding gasorshielding gas market is segmented - 1) By Type: Argon, Carbon Dioxide, Oxygen, Hydrogen, Other Types 2) By Storage, Transportation and Distribution Mode: Cylinder and Packaged Gas Distribution, Merchant Liquid and Bulk Distribution 3) By Application: Gas Metal Arc Welding, Gas Tungsten Arc Welding, Other Application 4) By End User Industry: Metal Manufacturing and Fabrication, Construction, Energy, Aerospace, Other End-User Industry