TIG Guns Market
TIG Guns Market Scope: Industry Analysis, Market
Size, Growth, Trends Till 2031
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TIG Guns Market Size and Growth
The TIG Guns market is experiencing robust growth, driven by increased demand in the automotive and aerospace sectors. As of 2023, the global market size is valued at approximately $1.2 billion, with a projected CAGR of 6% over the next five years, reflecting rising industrial automation and advanced welding technologies.
Companies Covered
(Covid 19 Impact Covered)
◍ Uniarc
◍ Riconlas
◍ The Lincoln Electric Company
◍ Tregaskiss
◍ SKS Welding Systems
◍ TOKIN CORPORATION
◍ Panasonic
◍ SUMIG
◍ TBi Industries
◍ Parweld
◍ Fronius International
◍ DINSE
◍ Misatu Industries
◍ EWM AG
◍ Illinois Tool Works
◍ Miller Electric
◍ ABICOR BINZEL
The TIG guns market features key players like Uniarc, Riconlas, Lincoln Electric, and Miller Electric. These companies drive growth through innovation, product quality, and expanding applications. Their combined efforts enhance technological advancements and customer outreach, solidifying market presence. Sales figures include:
- Miller Electric: $3 billion
- Lincoln Electric: $2.6 billion
- ESAB Group: $1.5 billion
◍ ESAB Group
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Market Segmentation
By Application
Aerospace
Automotive ◍ Maintenance and Repair
◍ General Fabrication ◍ Shipbuilding ◍ Others
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By Product
Market Growth
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$ X Billion USD
