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Market capacity analysis and forecast of welding and cutting equipment industry in 2020

2021.02.02

Welding and cutting is a manufacturing technology that cuts or connects materials and becomes a structure with a given function. Welding and cutting technology has developed from a single processing technology to a new subject of modern multi-discipline integration, and has become a comprehensive engineering technology that integrates advanced technologies such as computers, digital control, information processing, automation, and modern power electronics.

Since the reform and opening up for many years, with the further maturity of my country's socialist market economy, my country's welding and cutting industry has also made great progress, especially since the late 1990s, a group of emerging welding and cutting equipment manufacturers have been independently innovative Concept and increasingly perfect sales channels, and continuously improve its welding and cutting equipment production technology. There are about 900 domestic welding and cutting equipment manufacturers, of which about 400 are inverter welding and cutting equipment manufacturers. Some well-known foreign companies have set up factories in China for production. In recent years, as the application of welding and cutting technology has gradually deepened, the market demand for welding and cutting equipment has increased, which has brought huge development opportunities to welding and cutting equipment manufacturers. The welding equipment industry has shown a good momentum of development and the market scale has grown. According to the statistics of the "China Welding and Cutting Equipment Market Competitive Strategy and Investment Potential Research Forecast Report 2020-2026" published by CICC International Consulting, the market capacity of my country's inverter welding products reached 24.2 billion yuan in 2017, a year-on-year increase of 15.24%; The market capacity in 2018 is around 25.2 billion yuan. The global market for welding equipment may see substantial growth between 2017 and 2024. In 2018, the total import and export volume of my country's welding and cutting equipment was US$172.969 million, a year-on-year increase of 5.04%. There are 8 kinds of export products in the industry. In 2018, "other arc welding machines and devices" were the main export products of China's welding and cutting equipment industry. The export volume was 8.9913 million units and the export value was US$690.804 million, accounting for 51.83% of the total export volume. Generally speaking, my country's welding equipment industry is in a steady development channel. Although demand growth has fluctuated, as my country's economy and manufacturing industry maintain an upward trend, as well as the country's adjustment and planning of the equipment manufacturing industry, the welding equipment industry is expected to develop in the future. Great. In particular, the advantages of inverter welding and cutting equipment products have been demonstrated and recognized. By 2023, the market capacity will exceed 36 billion yuan, and the proportion will be further increased.

First of all, with the expansion of the industry, market competition will become increasingly fierce. Welding and cutting equipment companies will continue to increase investment in technology, update equipment, pay close attention to the research and promotion of new technologies, new processes, and new products, and rely on technological progress to improve conventional welding. The economic benefits of cutting equipment, so as to take the lead in the fierce competition. Secondly, under the pressure of green manufacturing and environmental protection, welding and cutting equipment companies will pay more attention to energy saving and emission reduction, highlight the advantages of inverter welding machines in terms of energy saving and control flexibility, and realize inverter welding machines by adopting digital control methods. The human-machine interface is more user-friendly, and the leading products of energy-saving welding and cutting equipment are continuously promoted, and the market share of products with high efficiency, energy saving, material saving and consumption reduction will be further expanded. The welding and cutting equipment industry has great potential for development. It is a fully competitive market, which is fully in line with the analysis conclusions of the adaptability of network marketing, and is very suitable for network marketing.

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