Saudi Arabia Welding Equipment Market Research Report, 2028

The Saudi Arabia Welding Equipment and Consumables market is projected to reach market size around USD 735 Billion by 2028.

Welding is a fabrication process that joins materials, typically metals or thermoplastics, by applying high heat to melt the parts together and then cooling them to cause fusion. In addition to melting the base metal, a filler material is typically added to the joint to form a pool of molten material that cools to form a weld configuration-based joint. The construction industry in Saudi Arabia has been growing rapidly, with numerous mega-projects in the pipeline, such as the NEOM city, Red Sea Project, and Qiddiya entertainment city. The demand for welding equipment and consumables is expected to increase significantly to support the construction of these projects. Furthermore, the demand for lightweight materials such as aluminium and composites is increasing in Saudi Arabia, particularly in the automotive and aerospace industries. This has created a demand for welding equipment and consumables that can support the welding of these materials. In addition, the Saudi Arabian government has implemented several initiatives to support the growth of the manufacturing sector, including the Saudi Vision 2030 plan, which aims to diversify the economy and reduce dependence on oil. This has led to an increased demand for welding equipment and consumables to support the growth of the manufacturing sector. According to the research report "Saudi Arabia Welding Equipment and Consumables Market Research Report, 2028," published by Actual Market Research, the Saudi Arabia Welding Equipment and Consumables market is projected to reach market size around USD 735 Billion by 2028. The automotive industry is expanding in Saudi Arabia, driven by the government's efforts to diversify the economy. The establishment of automobile manufacturing plants in the country has led to an increased demand for welding equipment and consumables. Furthermore, with the aging of infrastructure and equipment, there is an increased demand for repair and maintenance activities. This has created a demand for welding equipment and consumables for repair and maintenance purposes. Moreover, there is a growing awareness of environmental sustainability in Saudi Arabia, and many companies are adopting eco-friendly practices in their operations. This has led to an increased demand for welding equipment and consumables that are environmentally friendly. In addition, the healthcare industry in Saudi Arabia is growing rapidly, with the government investing heavily in building new hospitals and medical facilities. The demand for welding equipment and consumables in this industry is expected to increase significantly in the coming years.

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Based on product type, the market is divided into two sections: welding equipment and welding consumables. The welding equipment segment will hold a dominant position in this market in terms of market share during the forecast period, owing to the rising trend of automated machines used in various industries such as automotive and construction to join thermoplastics, metals, and others. The welding consumables segment has the highest CAGR during the forecast period. The high demand for customised solutions for joining dissimilar and non-metallic materials, as well as the rise in steel consumption, are all factors. Furthermore, this industry is now emphasising the use of simple and cost-effective solutions to protect the work piece from the outside environment. Consumables are gaining traction in this scenario because the raw materials used to manufacture them include copper, rutile, and aluminium, all of which have high tensile strength and antioxidant properties. Based on by Technology, the market is divided into Arc weldings and oxy-fuel welding . Arc welding is expected to gain prominence in the coming years due to the increasing adoption of fusion processes and the use of high-strength low-alloy (HSLA) across various industries because it is a flexible and cost-effective process. Oxy-fuel welding technology has the highest CAGR from 2023 to 2028. Its growing use in industrial manufacturing applications The welding equipment and products used in this technology are highly cost-efficient, which promotes their implementation in welding fillet, butt, and lap joints with object thicknesses up to 5mm. Based on end users, the automotive segment will hold a dominant position in this market in terms of market share during the forecast period as the automotive industry is focusing on reducing the weight of vehicles by replacing metal parts with plastic, which requires high precision. According to consumable, the market is divided into Stick electrodes, Solid Wires, Flux-cored wires, SAW wires and Fluxes, and Others (gases, rods, etc.). Among them, In 2022, the stick electrodes product segment held the most market share. Stick electrodes are becoming increasingly popular for welding a diverse range of components due to their ability to increase welding strength as well as their high corrosion resistance and tensile strength. During the forecast period, flux-cored wires have the highest CAGR. Flux-cored wires have greater deposition rates than other welding consumables, making them ideal for high-speed welding applications. This makes them popular in industries where productivity and efficiency are critical, such as automotive, construction, and shipbuilding. Based on equipment, electrodes and filler metal equipment have the largest market share. Electrodes and filler metal equipment are widely used in various industries, including automotive, construction, shipbuilding, and aerospace. They are essential for welding and joining different materials such as steel, aluminium, and stainless steel. The oxy-fuel welding industry has the highest CAGR during the forecast period. Oxy-fuel welding equipment is lightweight and portable, which makes it ideal for use in remote locations where electricity is not available. However, oxy-fuel welding produces a high heat input, which allows for quick welding and efficient fusion of the workpieces. This makes it suitable for welding thicker materials. In Saudi Arabia, there are several welding organisations. The Saudi Arabian Welding Society (SAWS) is one of them. It is a non-profit organization that promotes the welding industry in Saudi Arabia. It offers welding professionals and businesses training, certification, and other services. Furthermore, the Saudi Standards, Metrology, and Quality Organization (SASO) are in charge of developing and enforcing technical regulations and standards in Saudi Arabia, including those pertaining to welding equipment and consumables. Furthermore, the Saudi Welding Society (SWS) is a professional organisation that promotes welding education and technology in Saudi Arabia. It offers welding professionals and businesses certification, training, and networking opportunities. In addition, Saudi Aramco Welding and Inspection Division (AWID) is a Saudi Aramco division. It offers welding and inspection services to Saudi Arabia's oil and gas industry, as well as welding technology research and development. In Saudi Arabia, the top welding equipment and consumables manufacturers include Alruqee Industrial Marketing, ESAB, Bin Hamoodah Trading & General Services, Al Kaun Trading Est., Al-Othman Industrial Marketing Company (IMCO), National Metal Manufacturing and Casting Co. (Maadaniyah), Al-Abdulkarim Holding Co., Alkhodariyah International Co. Ltd., and many more. Some popular welding schools and training institutions in Saudi Arabia include The Saudi Welding Society (SWS) is one of the largest welding societies in the Middle East, with over 5,000 members. SWS offers a range of welding courses, including basic welding, advanced welding, and welding inspection. It also provides certification programmes for welding professionals. Furthermore, Jubail Industrial College offers a variety of welding courses, including basic welding, pipe welding, and welding inspection. It also has a state-of-the-art welding lab equipped with the latest welding equipment and technologies. Moreover, Saudi Petroleum Services Polytechnic (SPSP) is a leading vocational training institute in the region, offering training programmes in a wide range of industries, including welding. Moreover, the Saudi Aramco Welding and Inspection Training Centre is one of the most advanced welding training centres in the world, equipped with state-of-the-art welding equipment and technologies. Some others are the Technical and Vocational Training Corporation (TVTC), National Training Centre for Technical Education (NTC), King Fahd University of Petroleum and Minerals (KFUPM), Saudi Electronic University (SEU), Yanbu Industrial College, King Abdulaziz University (KAU), and many more.

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There are also some promising start-ups that are making waves in the industry, including the welding equipment and welding consumables market in Saudi Arabia. Welding Group is a Saudi Arabia-based start-up that provides welding solutions and services to various industries. The company specialises in welding automation, training and consultancy, and welding equipment rental. Furthermore, Perfect Welding Solution is a welding equipment supplier that offers a range of products, including welding machines, welding torches, and welding consumables. The company focuses on providing high-quality products at competitive prices. Moreover, Zamil Welding Materials Co. is a new entrant in the welding consumables market in Saudi Arabia. The company produces a range of welding consumables, including welding electrodes, welding wires, and welding fluxes. Furthermore, Tech-Net Engineering Co. is a welding equipment supplier that offers a range of products, including welding machines, welding torches, and welding consumables. The company focuses on providing innovative solutions to its customers. In addition, Metal Work Trading Est. is a start-up that provides welding solutions to various industries in Saudi Arabia. The company offers a range of products, including welding machines, welding torches, and welding consumables. Restraints: The Saudi welding industry is heavily reliant on the oil and gas industry. Any changes in the oil and gas industry have the potential to have a significant impact on the welding equipment and welding consumables markets. Furthermore, despite the availability of numerous welding schools and training institutions, the industry still faces a skilled labour shortage. This scarcity may stifle industry growth and prevent the adoption of new welding technologies. Furthermore, the welding industry in Saudi Arabia is subject to strict regulations and safety standards. Compliance with these standards can be expensive and time-consuming, and failure to do so can result in significant penalties and fines. Considered in this report • Geography: Saudi Arabia • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028

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Aspects covered in this report • Saudi Arabia Welding Equipment & Consumables market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Type: • Welding Equipments • Welding Consumables By Equipment: • Electrodes & Filler Metal Equipment • Oxy-fuel Gas Equipment • Other Equipment By Consumable: • Stick electrodes • Solid wires • Flux-cored wires • SAW wires and Fluxes • Others (gases, rods, etc.) By Technology: • Arc Welding • Oxy-fuel Welding • Others (Resistance welding, Laser beam welding, plasma arc welding, electron beam welding) By end- Users: • Automotive • Fabrication • Building & Construction • Marine • Power • Oil & Gas • Others (Shipbuilding, Maintenance & Repair, Offshore, Pipe Mill, Pipeline, Aerospace, etc.) The approach of the report: This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, government-generated reports, and databases. After gathering the data from secondary sources, primary research was conducted by making telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started doing primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations and organizations related to the 3D printing industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.

Table of Contents

  • Table of Contents
  • 1. Executive Summary
  • 2. Market Structure
  • 2.1. Market Considerate
  • 2.2. Assumptions
  • 2.3. Limitations
  • 2.4. Abbreviations
  • 2.5. Sources
  • 2.6. Definitions
  • 2.7. Geography
  • 3. Research Methodology
  • 3.1. Secondary Research
  • 3.2. Primary Data Collection
  • 3.3. Market Formation & Validation
  • 3.4. Report Writing, Quality Check & Delivery
  • 4. Saudi Arabia Macro Economic Indicators
  • 5. Market Dynamics
  • 5.1. Key Findings
  • 5.2. Key Developments - 2021
  • 5.3. Market Drivers & Opportunities
  • 5.4. Market Restraints & Challenges
  • 5.5. Market Trends
  • 5.6. Covid-19 Effect
  • 5.7. Supply chain Analysis
  • 5.8. Policy & Regulatory Framework
  • 5.9. Industry Experts Views
  • 6. Saudi Arabia Welding Equipment & Consumables Market Overview
  • 6.1. Market Size By Value
  • 6.2. Market Size and Forecast By Type
  • 6.3. Market Size and Forecast By Equipment
  • 6.4. Market Size and Forecast By Consumable
  • 6.5. Market Size and Forecast By Technology
  • 6.6. Market Size and Forecast By End-User
  • 7. Saudi Arabia Welding Equipment & Consumables Market Segmentations
  • 7.1. Saudi Arabia Welding Equipment & Consumables Market, By Type
  • 7.1.1. Saudi Arabia Welding Equipment & Consumables Market Size, By Welding Equipments , 2017-2028
  • 7.1.2. Saudi Arabia Welding Equipment & Consumables Market Size, By Welding Consumables, 2017-2028
  • 7.2. Saudi Arabia Welding Equipment & Consumables Market, By Equipment
  • 7.2.1. Saudi Arabia Welding Equipment & Consumables Market Size, By Electrodes & Filler Metal Equipment, 2017-2028
  • 7.2.2. Saudi Arabia Welding Equipment & Consumables Market Size, By Oxy-fuel Gas Equipment, 2017-2028
  • 7.2.3. Saudi Arabia Welding Equipment & Consumables Market Size, By Other Equipment, 2017-2028
  • 7.3. Saudi Arabia Welding Equipment & Consumables Market, By Consumable
  • 7.3.1. Saudi Arabia Welding Equipment & Consumables Market Size, By Stick electrodes, 2017-2028
  • 7.3.2. Saudi Arabia Welding Equipment & Consumables Market Size, By Solid wires, 2017-2028
  • 7.3.3. Saudi Arabia Welding Equipment & Consumables Market Size, By Flux-cored wires, 2017-2028
  • 7.3.4. Saudi Arabia Welding Equipment & Consumables Market Size, By SAW wires and Fluxes, 2017-2028
  • 7.3.5. Saudi Arabia Welding Equipment & Consumables Market Size, By Others (gases, rods, etc.), 2017-2028
  • 7.4. Saudi Arabia Welding Equipment & Consumables Market, By Technology
  • 7.4.1. Saudi Arabia Welding Equipment & Consumables Market Size, By Arc Welding, 2017-2028
  • 7.4.2. Saudi Arabia Welding Equipment & Consumables Market Size, By Oxy-fuel Welding, 2017-2028
  • 7.4.3. Saudi Arabia Welding Equipment & Consumables Market Size, By Others (Resistance welding, Laser beam welding, plasma arc welding, electron beam welding), 2017-2028
  • 7.5. Saudi Arabia Welding Equipment & Consumables Market, By End-User
  • 7.5.1. Saudi Arabia Welding Equipment & Consumables Market Size, By Automotive, 2017-2028
  • 7.5.2. Saudi Arabia Welding Equipment & Consumables Market Size, By Fabrication, 2017-2028
  • 7.5.3. Saudi Arabia Welding Equipment & Consumables Market Size, By Building & Construction, 2017-2028
  • 7.5.4. Saudi Arabia Welding Equipment & Consumables Market Size, By Marine, 2017-2028
  • 7.5.5. Saudi Arabia Welding Equipment & Consumables Market Size, By Power, 2017-2028
  • 7.5.6. Saudi Arabia Welding Equipment & Consumables Market Size, By Oil & Gas, 2017-2028
  • 7.5.7. Saudi Arabia Welding Equipment & Consumables Market Size, By Others (Shipbuilding, Maintenance & Repair, Offshore, Pipe Mill, Pipeline, Aerospace, etc.), 2017-2028
  • 8. Saudi Arabia Welding Equipment & Consumables Market Opportunity Assessment
  • 8.1. By Type, 2023 to 2028
  • 8.2. By Equipment, 2023 to 2028
  • 8.3. By Consumable, 2023 to 2028
  • 8.4. By Technology, 2023 to 2028
  • 8.5. By End-User, 2023 to 2028
  • 9. Competitive Landscape
  • 9.1. Porter's Five Forces
  • 9.2. Company Profile
  • 9.2.1. Company 1
  • 9.2.2. Company 2
  • 9.2.3. Company 3
  • 9.2.4. Company 4
  • 9.2.5. Company 5
  • 9.2.6. Company 6
  • 9.2.7. Company 7
  • 9.2.8. Company 8
  • 10. Strategic Recommendations
  • 11. Disclaimer

List of Table
Table 1: Influencing Factors for Global Welding Equipment & Consumables Market, 2022
Table 2: Saudi Arabia Welding Equipment & Consumables Market Size and Forecast By Type (2017, 2022 & 2028)
Table 3: Saudi Arabia Welding Equipment & Consumables Market Size and Forecast By Equipment (2017, 2022 & 2028)
Table 4: Saudi Arabia Welding Equipment & Consumables Market Size and Forecast By Consumable (2017, 2022 & 2028)
Table 5: Saudi Arabia Welding Equipment & Consumables Market Size and Forecast By Technology (2017, 2022 & 2028)
Table 6: Saudi Arabia Welding Equipment & Consumables Market Size and Forecast By End-User (2017, 2022 & 2028)
Table 7: Saudi Arabia Welding Equipment & Consumables Market Size of Welding Equipments (2017 to 2028) in USD Billion
Table 8: Saudi Arabia Welding Equipment & Consumables Market Size of Welding Consumables (2017 to 2028) in USD Billion
Table 9: Saudi Arabia Welding Equipment & Consumables Market Size of Electrodes & Filler Metal Equipment (2017 to 2028) in USD Billion
Table 10: Saudi Arabia Welding Equipment & Consumables Market Size of Oxy-fuel Gas Equipment (2017 to 2028) in USD Billion
Table 11: Saudi Arabia Welding Equipment & Consumables Market Size of Other Equipment (2017 to 2028) in USD Billion
Table 12: Saudi Arabia Welding Equipment & Consumables Market Size of Stick electrodes (2017 to 2028) in USD Billion
Table 13: Saudi Arabia Welding Equipment & Consumables Market Size of Solid wires (2017 to 2028) in USD Billion
Table 14: Saudi Arabia Welding Equipment & Consumables Market Size of Flux-cored wires (2017 to 2028) in USD Billion
Table 15: Saudi Arabia Welding Equipment & Consumables Market Size of SAW wires and Fluxes (2017 to 2028) in USD Billion
Table 16: Saudi Arabia Welding Equipment & Consumables Market Size of Others (gases, rods, etc.) (2017 to 2028) in USD Billion
Table 17: Saudi Arabia Welding Equipment & Consumables Market Size of Arc Welding (2017 to 2028) in USD Billion
Table 18: Saudi Arabia Welding Equipment & Consumables Market Size of Oxy-fuel Welding (2017 to 2028) in USD Billion
Table 19: Saudi Arabia Welding Equipment & Consumables Market Size of Others (Resistance welding, Laser beam welding, plasma arc welding, electron beam welding) (2017 to 2028) in USD Billion
Table 20: Saudi Arabia Welding Equipment & Consumables Market Size of Automotive (2017 to 2028) in USD Billion
Table 21: Saudi Arabia Welding Equipment & Consumables Market Size of Fabrication (2017 to 2028) in USD Billion
Table 22: Saudi Arabia Welding Equipment & Consumables Market Size of Building & Construction (2017 to 2028) in USD Billion
Table 23: Saudi Arabia Welding Equipment & Consumables Market Size of Marine (2017 to 2028) in USD Billion
Table 24: Saudi Arabia Welding Equipment & Consumables Market Size of Power (2017 to 2028) in USD Billion
Table 25: Saudi Arabia Welding Equipment & Consumables Market Size of Oil & Gas (2017 to 2028) in USD Billion
Table 26: Saudi Arabia Welding Equipment & Consumables Market Size of Others (Shipbuilding, Maintenance & Repair, Offshore, Pipe Mill, Pipeline, Aerospace, etc.) (2017 to 2028) in USD Billion

List of Figures
Figure 1: Saudi Arabia Welding Equipment & Consumables Market Size By Value (2017, 2022 & 2028) (in USD Billion)
Figure 2: Market Attractiveness Index, By Type
Figure 3: Market Attractiveness Index, By Equipment
Figure 4: Market Attractiveness Index, By Consumable
Figure 5: Market Attractiveness Index, By Technology
Figure 6: Market Attractiveness Index, By End-User
Figure 7: Porter's Five Forces of Saudi Arabia Welding Equipment & Consumables Market
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Saudi Arabia Welding Equipment Market Research Report, 2028

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