According to Fortune Business Insights, the global welding market size was valued at US$ 23.75 billion in 2022 and is projected to grow to US$ 34.18 billion by 2030.

The report highlights the increasing demand for welding technologies, fueled by rapid industrialization, infrastructure development, and advancements in manufacturing processes across the globe.

Asia-Pacific is expected to dominate the market, with significant contributions from China and India due to their expanding industrial and construction activities. North America and Europe are also anticipated to experience substantial growth, supported by advancements in automotive manufacturing and the aerospace sector.

The report underscores the importance of innovation in welding technologies, including the adoption of robotic welding systems and the development of eco-friendly welding solutions. These trends are expected to create new opportunities for market players and drive the overall growth of the welding industry in the coming years.

Source: https://www.fortunebusinessinsights.com/industry-reports/welding-market-101657#modal-profile-share

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