Engine-Driven Welders Market Size, Share, Analysis, Trends, Growth Report, 2030

Engine-Driven Welders Industry Prospective:

The global engine-driven welders market size was worth around USD 1206 million in 2022 and is predicted to grow to around USD 1699 million by 2030 with a compound annual growth rate (CAGR) of roughly 4.33% between 2023 and 2030.

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Engine-Driven Welders Market: Overview

Engine-driven welders are used during the process of welding. The machines leverage the capabilities of a fuel-powered engine for welding. They can be fueled using propane, diesel, or gasoline to produce power that can be used across a range of welding procedures including Stick welding, tungsten inert gas (TIG) welding, metal inert gas (MIG) welding, and flux-cored arc welding (FCAW). It is crucial to note that the power generated by these welders has applications beyond welding as the electricity can be used to power other components on a job site including air compressors, pumps, power fans, or any other electrical tool.

Engine-driven welders are mostly transported using a trailer or a truck and should not be used in indoor settings. Some key attributes of this mechanical equipment are multifunction purpose, portability, and superior self-contained power. The engine-driven welders industry is expected to grow at a significant rate during the forecast period but the market share is relatively lower as compared to some of the other heavy pieces of machinery and equipment.

Key Insights:

• As per the analysis shared by our research analyst, the global engine-driven welders market is estimated to grow annually at a CAGR of around 4.33% over the forecast period (2023-2030)
• In terms of revenue, the global engine-driven welders market size was valued at around USD 1206 million in 2022 and is predicted to grow to around USD 1699 million, by 2030.
• The engine-driven welders market is projected to grow at a significant rate due to the growing application in the pipeline industry
• Based on welding current segmentation, 300 to 500 amp was predicted to show maximum market share in the year 2022
• Based on application segmentation, the pipeline was the leading application in 2022
• On the basis of region, North America was the leading revenue generator in 2022

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Engine-Driven Welders Market: Growth Drivers

Growing application in the pipeline industry to drive market growth

The global engine-driven welders market is expected to grow owing to the increasing application of these equipment in the pipeline industry where they are used extensively for fabrication and welding purposes. As urbanization and infrastructure development projects are on the rise on a global scale, the demand for effective tools and machinery has surged over the years. There are multiple reasons for growing revenue in the pipeline sector.

This includes a rise in demand for energy, oil & gas exploration activities, natural gas distribution, and general infrastructure investment. For instance, in April 2023, India witnessed the completion of Asia’s largest underwater pipeline project that will be used for the supply of hydrocarbons. The pipeline is laid below the Brahmaputra river and stretches for 4080 meters across the main water channel. In March 2023, the European Union sanctioned €124 million that will be used for constructing a section of a gas transportation pipeline in Poland. The move will help the region secure Poland’s gas supply as the country tries to reduce its dependence on Russia for gas. Engine-driven welders are powerful and portable and these qualities make them an ideal choice of machinery to be used in large-scale projects.

In addition to this, they have proven to be highly efficient in terms of performance in locations with extreme weather conditions or environments including mountains, rugged terrains, riverbeds, and swamps. As modern-age pipeline projects are not limited to smooth terrains and stretch from mountains to underwater, engine-driven welders are extremely helpful in such activities.

Engine-Driven Welders Market: Restraints

Concerns over growing harmful gasses emission rate to restrict market growth

The global engine-driven welder market expansion trend is anticipated to come across certain growth restrictions owing to the high emission rate of harmful gasses when engine-driven welders are used. Machine-powered engines using internal combustion engines are responsible for adding to the already high rate of nitrogen oxide (NOx) and carbon monoxide (CO) emissions. Even though manufacturers are working toward reducing the emission rate by adhering to international and regional environmental standards, the liabilities and impact on the environment cannot be reduced to negligible margins thus impacting the sale of engine-powered welders.

Engine-Driven Welders Market: Opportunities

Multipurpose functionalities of engine-driven welders to create growth possibilities

Engine-driven welders are highly versatile in terms of performance. Their versatility ranges from interdepartmental applications for the same role which is welding and also for powering other equipment such as lights and fans. This has resulted in the increasing use of welders in the entertainment industry as they are used in concerts, stage plays, movie sets, and any other facility where there is a lack of power supply. Additionally, many fuel-led welders are equipped with generators. In situations with no electricity supply, this piece of machinery can prove to be helpful to generate and produce electricity. In November 2022, ESAB, a leading producer of fabrication technology and systems, launched the Ruffian™ ES 150G. It is the first-of-its-kind lightweight engine-driven welding generator that can generate around 4,500 watts of peak 120V/240V alternate current (AC) power and 150-amp Stick welding output.

Engine-Driven Welders Market: Challenges

Rising cost of raw materials to challenge growth avenues

In recent times, there has been a steady growth in the prices of the raw materials required to manufacture and run engine-driven welders. This includes prices of materials and fuel. Steel and aluminum prices are surging at the production site due to rising global demand while simultaneously, fuel prices have skyrocketed in the last year. A leading reason for the surge in prices is the Russia-Ukraine war and reduced production of diesel and other gasoline. All of the materials are essential components of engine-driven welders but if the cost continues to rise, the global market players may face challenging situations.

Engine-Driven Welders Market: Segmentation

The global engine-driven welders market is segmented based on welding current, type, application, and region.

Based on welding current, the global market segments are above 500 amp, 300 to 500 amp, and less than 300 amp. The highest growth was observed in the 300 and 500 amp categories as these machines are ideal for several applications within several welding applications. They offer the right functionalities for a wide range of end use including activities requiring low to high amplitude current. This variant has higher acceptance in maintenance and repair work across sectors such as oil & gas and construction. One such example is the USD 446 million projects undertaken by the Oil & Natural Gas Corporation (ONGC), India’s state-run oil company to replace pipelines in the key west coast field.

Based on type, the engine-driven welders industry is divided into gasoline engines, LPG-fueled engines, and diesel engines.

Based on application, the segments in the engine-driven welder industry include pipeline, mining, infrastructure, power generation, and construction. In 2022, the highest revenue-generating segment was the pipeline industry as fabrication and welding works are carried out at a significant scale in this industry which includes not only new projects but restoration and replacement of older projects. Extensive networks of pipelines have become crucial to the supply of essential commodities such as gas, power, and water across nations as they stretch over multiple miles. The Colonial Pipeline stretching over 5,500 miles is the largest such structure in the world.

Engine-Driven Welders Market: Report Scope

Engine-Driven Welders Market: Regional Analysis

North America to register the highest CAGR during the forecast period

The global engine-driven welders market is expected to witness the highest growth in North America due to the presence of multiple leading companies producing and supplying engine-driven welders in the domestic and international markets. Countries including the US and Canada have extensive demand for engine-driven welders For instance, Canada is home to one of the world’s largest oil reserves following Venezuela and Saudi Arabia.

Moreover, the large network of pipelines across these countries has further pushed the demand for lightweight and portable welding machines. In July 2022, Lincoln Electric, an Ohio-based technology provider, announced the launch of Frontier 400X Pipe. It is the range of next-generation diesel-powered welders and generators. Regional market players have leveraged the power-generation attribute of engine-driven welders and provide some of the most powerful generators in the form of welders thus allowing them to serve multiple purposes. Asia-Pacific is expected to grow at a steady rate. The growing energy and gas demand as a result of rampant industrialization and population growth is expected to impact regional consumption levels.

Engine-Driven Welders Market: Competitive Analysis

The global engine-driven welders market is led by players like:

• Miller Electric
• Lincoln Electric
• Kemppi
• ESAB
• Welding Industries of Australia
• Caterpillar
• Multiquip
• Kohler
• Denyo
• Jasic Technology
• Honda
• Atlas Copco
• Ingersoll Rand
• Wacker Neuson
• Generac Power Systems
• Perkins Engines
• Fronius
• Shindaiwa
• Yamaha Motor
• ArcGen

The global engine-driven welders market is segmented as follows:

By Welding Current

• Above 500 amp
• 300 to 500 amp
• Less than 300 amp

By Type

• Gasoline Engine
• LPG Fueled Engine
• Diesel Engine

By Application

• Pipeline
• Mining
• Infrastructure
• Power Generation
• Construction

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa