The global MIG and MAG Welders market size was US$ million in 2024 and is forecast to a readjusted size of US$ million by 2031 with a CAGR of %during the forecast period 2025-2031.
By 2025, the evolving U.S. tariff policy is poised to inject considerable uncertainty into the global economic landscape. This report delves into the latest U.S. tariff measures and the corresponding policy responses across the globe, evaluating their impacts on MIG and MAG Welders market competitiveness, regional economic performance, and supply chain configurations.
The North America MIG and MAG Welders market size was US$ million in 2024, while Europe was US$ million. The proportion of the North America was % in 2024, while Europe percentage was %, and it is predicted that Europe share will reach % in 2031, trailing a CAGR of % through the analysis period.
The global key manufacturers of MIG and MAG Welders include Illinois Tool Works, Lincoln Electric, Colfax Corporation, DAIHEN Corporation, Panasonic, Fronius, Jasic Technology, Hugong, EWM, Cloos, etc. In 2024, the global top five players occupied for a share approximately % in terms of revenue.
In North America, in terms of sales volume, in 2024, the top three players hold a share about %, while in Europe, top three players hold a share nearly %.
The global MIG and MAG Welders market is strategically segmented by company, region (country), by Type, and by Application. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on sales, revenue, and forecasts across regions, by Type, and by Application for 2020-2031.
Market Segmentation
Chapter Outline
Chapter 1: Report scope, executive summary, and market evolution scenarios (short/mid/long term).
Chapter 2: Quantitative analysis of MIG and MAG Welders market size and growth potential at global, regional, and country levels.
Chapter 3: Competitive benchmarking of manufacturers (revenue, market share, M&A, R&D focus).
Chapter 4: Type-based segmentation analysis – Uncovering blue ocean markets (e.g., Up to 300A in China).
Chapter 5: Application-based segmentation analysis – High-growth downstream opportunities (e.g., Machinery in India).
Chapter 6: Regional sales and revenue breakdown by company, type, application and customer.
Chapter 7: Key manufacturer profiles – Financials, product portfolios, and strategic developments.
Chapter 8: Market dynamics – Drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 9: Actionable conclusions and strategic recommendations.
Why This Report?
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the MIG and MAG Welders value chain, addressing:
- Market entry risks/opportunities by region
- Product mix optimization based on local practices
- Competitor tactics in fragmented vs. consolidated markets
QYResearch's Strengths
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
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Table of Contents
1 Market Overview
1.1 MIG and MAG Welders Product Scope
1.2 MIG and MAG Welders by Type
1.2.1 Global MIG and MAG Welders Sales by Type (2020 & 2024 & 2031)
1.2.2 Up to 200A
1.2.3 Up to 300A
1.2.4 Up to 500A
1.2.5 Up to 600A
1.2.6 Others
1.3 MIG and MAG Welders by Application
1.3.1 Global MIG and MAG Welders Sales Comparison by Application (2020 & 2024 & 2031)
1.3.2 Energy and Utilities
1.3.3 Machinery
1.3.4 Construction
1.3.5 Aerospace and Defence
1.3.6 Electrical Industry
1.3.7 Others
1.4 Global MIG and MAG Welders Market Estimates and Forecasts (2020-2031)
1.4.1 Global MIG and MAG Welders Market Size in Value Growth Rate (2020-2031)
1.4.2 Global MIG and MAG Welders Market Size in Volume Growth Rate (2020-2031)
1.4.3 Global MIG and MAG Welders Price Trends (2020-2031)
1.5 Assumptions and Limitations
2 Market Size and Prospective by Region
2.1 Global MIG and MAG Welders Market Size by Region: 2020 VS 2024 VS 2031
2.2 Global MIG and MAG Welders Retrospective Market Scenario by Region (2020-2025)
2.2.1 Global MIG and MAG Welders Sales Market Share by Region (2020-2025)
2.2.2 Global MIG and MAG Welders Revenue Market Share by Region (2020-2025)
2.3 Global MIG and MAG Welders Market Estimates and Forecasts by Region (2026-2031)
2.3.1 Global MIG and MAG Welders Sales Estimates and Forecasts by Region (2026-2031)
2.3.2 Global MIG and MAG Welders Revenue Forecast by Region (2026-2031)
2.4 Major Region and Emerging Market Analysis
2.4.1 North America MIG and MAG Welders Market Size and Prospective (2020-2031)
2.4.2 Europe MIG and MAG Welders Market Size and Prospective (2020-2031)
2.4.3 China MIG and MAG Welders Market Size and Prospective (2020-2031)
2.4.4 Japan MIG and MAG Welders Market Size and Prospective (2020-2031)
3 Global Market Size by Type
3.1 Global MIG and MAG Welders Historic Market Review by Type (2020-2025)
3.1.1 Global MIG and MAG Welders Sales by Type (2020-2025)
3.1.2 Global MIG and MAG Welders Revenue by Type (2020-2025)
3.1.3 Global MIG and MAG Welders Price by Type (2020-2025)
3.2 Global MIG and MAG Welders Market Estimates and Forecasts by Type (2026-2031)
3.2.1 Global MIG and MAG Welders Sales Forecast by Type (2026-2031)
3.2.2 Global MIG and MAG Welders Revenue Forecast by Type (2026-2031)
3.2.3 Global MIG and MAG Welders Price Forecast by Type (2026-2031)
3.3 Different Types MIG and MAG Welders Representative Players
4 Global Market Size by Application
4.1 Global MIG and MAG Welders Historic Market Review by Application (2020-2025)
4.1.1 Global MIG and MAG Welders Sales by Application (2020-2025)
4.1.2 Global MIG and MAG Welders Revenue by Application (2020-2025)
4.1.3 Global MIG and MAG Welders Price by Application (2020-2025)
4.2 Global MIG and MAG Welders Market Estimates and Forecasts by Application (2026-2031)
4.2.1 Global MIG and MAG Welders Sales Forecast by Application (2026-2031)
4.2.2 Global MIG and MAG Welders Revenue Forecast by Application (2026-2031)
4.2.3 Global MIG and MAG Welders Price Forecast by Application (2026-2031)
4.3 New Sources of Growth in MIG and MAG Welders Application
5 Competition Landscape by Players
5.1 Global MIG and MAG Welders Sales by Players (2020-2025)
5.2 Global Top MIG and MAG Welders Players by Revenue (2020-2025)
5.3 Global MIG and MAG Welders Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in MIG and MAG Welders as of 2024)
5.4 Global MIG and MAG Welders Average Price by Company (2020-2025)
5.5 Global Key Manufacturers of MIG and MAG Welders, Manufacturing Sites & Headquarters
5.6 Global Key Manufacturers of MIG and MAG Welders, Product Type & Application
5.7 Global Key Manufacturers of MIG and MAG Welders, Date of Enter into This Industry
5.8 Manufacturers Mergers & Acquisitions, Expansion Plans
6 Region Analysis
6.1 North America Market: Players, Segments, Downstream and Major Customers
6.1.1 North America MIG and MAG Welders Sales by Company
6.1.1.1 North America MIG and MAG Welders Sales by Company (2020-2025)
6.1.1.2 North America MIG and MAG Welders Revenue by Company (2020-2025)
6.1.2 North America MIG and MAG Welders Sales Breakdown by Type (2020-2025)
6.1.3 North America MIG and MAG Welders Sales Breakdown by Application (2020-2025)
6.1.4 North America MIG and MAG Welders Major Customer
6.1.5 North America Market Trend and Opportunities
6.2 Europe Market: Players, Segments, Downstream and Major Customers
6.2.1 Europe MIG and MAG Welders Sales by Company
6.2.1.1 Europe MIG and MAG Welders Sales by Company (2020-2025)
6.2.1.2 Europe MIG and MAG Welders Revenue by Company (2020-2025)
6.2.2 Europe MIG and MAG Welders Sales Breakdown by Type (2020-2025)
6.2.3 Europe MIG and MAG Welders Sales Breakdown by Application (2020-2025)
6.2.4 Europe MIG and MAG Welders Major Customer
6.2.5 Europe Market Trend and Opportunities
6.3 China Market: Players, Segments, Downstream and Major Customers
6.3.1 China MIG and MAG Welders Sales by Company
6.3.1.1 China MIG and MAG Welders Sales by Company (2020-2025)
6.3.1.2 China MIG and MAG Welders Revenue by Company (2020-2025)
6.3.2 China MIG and MAG Welders Sales Breakdown by Type (2020-2025)
6.3.3 China MIG and MAG Welders Sales Breakdown by Application (2020-2025)
6.3.4 China MIG and MAG Welders Major Customer
6.3.5 China Market Trend and Opportunities
6.4 Japan Market: Players, Segments, Downstream and Major Customers
6.4.1 Japan MIG and MAG Welders Sales by Company
6.4.1.1 Japan MIG and MAG Welders Sales by Company (2020-2025)
6.4.1.2 Japan MIG and MAG Welders Revenue by Company (2020-2025)
6.4.2 Japan MIG and MAG Welders Sales Breakdown by Type (2020-2025)
6.4.3 Japan MIG and MAG Welders Sales Breakdown by Application (2020-2025)
6.4.4 Japan MIG and MAG Welders Major Customer
6.4.5 Japan Market Trend and Opportunities
7 Company Profiles and Key Figures
7.1 Illinois Tool Works
7.1.1 Illinois Tool Works Company Information
7.1.2 Illinois Tool Works Business Overview
7.1.3 Illinois Tool Works MIG and MAG Welders Sales, Revenue and Gross Margin (2020-2025)
7.1.4 Illinois Tool Works MIG and MAG Welders Products Offered
7.1.5 Illinois Tool Works Recent Development
7.2 Lincoln Electric
7.2.1 Lincoln Electric Company Information
7.2.2 Lincoln Electric Business Overview
7.2.3 Lincoln Electric MIG and MAG Welders Sales, Revenue and Gross Margin (2020-2025)
7.2.4 Lincoln Electric MIG and MAG Welders Products Offered
7.2.5 Lincoln Electric Recent Development
7.3 Colfax Corporation
7.3.1 Colfax Corporation Company Information
7.3.2 Colfax Corporation Business Overview
7.3.3 Colfax Corporation MIG and MAG Welders Sales, Revenue and Gross Margin (2020-2025)
7.3.4 Colfax Corporation MIG and MAG Welders Products Offered
7.3.5 Colfax Corporation Recent Development
7.4 DAIHEN Corporation
7.4.1 DAIHEN Corporation Company Information
7.4.2 DAIHEN Corporation Business Overview
7.4.3 DAIHEN Corporation MIG and MAG Welders Sales, Revenue and Gross Margin (2020-2025)
7.4.4 DAIHEN Corporation MIG and MAG Welders Products Offered
7.4.5 DAIHEN Corporation Recent Development
7.5 Panasonic
7.5.1 Panasonic Company Information
7.5.2 Panasonic Business Overview
7.5.3 Panasonic MIG and MAG Welders Sales, Revenue and Gross Margin (2020-2025)
7.5.4 Panasonic MIG and MAG Welders Products Offered
7.5.5 Panasonic Recent Development
7.6 Fronius
7.6.1 Fronius Company Information
7.6.2 Fronius Business Overview
7.6.3 Fronius MIG and MAG Welders Sales, Revenue and Gross Margin (2020-2025)
7.6.4 Fronius MIG and MAG Welders Products Offered
7.6.5 Fronius Recent Development
7.7 Jasic Technology
7.7.1 Jasic Technology Company Information
7.7.2 Jasic Technology Business Overview
7.7.3 Jasic Technology MIG and MAG Welders Sales, Revenue and Gross Margin (2020-2025)
7.7.4 Jasic Technology MIG and MAG Welders Products Offered
7.7.5 Jasic Technology Recent Development
7.8 Hugong
7.8.1 Hugong Company Information
7.8.2 Hugong Business Overview
7.8.3 Hugong MIG and MAG Welders Sales, Revenue and Gross Margin (2020-2025)
7.8.4 Hugong MIG and MAG Welders Products Offered
7.8.5 Hugong Recent Development
7.9 EWM
7.9.1 EWM Company Information
7.9.2 EWM Business Overview
7.9.3 EWM MIG and MAG Welders Sales, Revenue and Gross Margin (2020-2025)
7.9.4 EWM MIG and MAG Welders Products Offered
7.9.5 EWM Recent Development
7.10 Cloos
7.10.1 Cloos Company Information
7.10.2 Cloos Business Overview
7.10.3 Cloos MIG and MAG Welders Sales, Revenue and Gross Margin (2020-2025)
7.10.4 Cloos MIG and MAG Welders Products Offered
7.10.5 Cloos Recent Development
7.11 LORCH
7.11.1 LORCH Company Information
7.11.2 LORCH Business Overview
7.11.3 LORCH MIG and MAG Welders Sales, Revenue and Gross Margin (2020-2025)
7.11.4 LORCH MIG and MAG Welders Products Offered
7.11.5 LORCH Recent Development
7.12 Kende
7.12.1 Kende Company Information
7.12.2 Kende Business Overview
7.12.3 Kende MIG and MAG Welders Sales, Revenue and Gross Margin (2020-2025)
7.12.4 Kende MIG and MAG Welders Products Offered
7.12.5 Kende Recent Development
7.13 Kemppi
7.13.1 Kemppi Company Information
7.13.2 Kemppi Business Overview
7.13.3 Kemppi MIG and MAG Welders Sales, Revenue and Gross Margin (2020-2025)
7.13.4 Kemppi MIG and MAG Welders Products Offered
7.13.5 Kemppi Recent Development
7.14 GYS
7.14.1 GYS Company Information
7.14.2 GYS Business Overview
7.14.3 GYS MIG and MAG Welders Sales, Revenue and Gross Margin (2020-2025)
7.14.4 GYS MIG and MAG Welders Products Offered
7.14.5 GYS Recent Development
7.15 Migatronic
7.15.1 Migatronic Company Information
7.15.2 Migatronic Business Overview
7.15.3 Migatronic MIG and MAG Welders Sales, Revenue and Gross Margin (2020-2025)
7.15.4 Migatronic MIG and MAG Welders Products Offered
7.15.5 Migatronic Recent Development
7.16 Kaierda
7.16.1 Kaierda Company Information
7.16.2 Kaierda Business Overview
7.16.3 Kaierda MIG and MAG Welders Sales, Revenue and Gross Margin (2020-2025)
7.16.4 Kaierda MIG and MAG Welders Products Offered
7.16.5 Kaierda Recent Development
7.17 Telwin
7.17.1 Telwin Company Information
7.17.2 Telwin Business Overview
7.17.3 Telwin MIG and MAG Welders Sales, Revenue and Gross Margin (2020-2025)
7.17.4 Telwin MIG and MAG Welders Products Offered
7.17.5 Telwin Recent Development
7.18 Sansha Electric
7.18.1 Sansha Electric Company Information
7.18.2 Sansha Electric Business Overview
7.18.3 Sansha Electric MIG and MAG Welders Sales, Revenue and Gross Margin (2020-2025)
7.18.4 Sansha Electric MIG and MAG Welders Products Offered
7.18.5 Sansha Electric Recent Development
7.19 Auweld
7.19.1 Auweld Company Information
7.19.2 Auweld Business Overview
7.19.3 Auweld MIG and MAG Welders Sales, Revenue and Gross Margin (2020-2025)
7.19.4 Auweld MIG and MAG Welders Products Offered
7.19.5 Auweld Recent Development
8 MIG and MAG Welders Manufacturing Cost Analysis
8.1 MIG and MAG Welders Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of MIG and MAG Welders
8.4 MIG and MAG Welders Industrial Chain Analysis
9 Marketing Channel, Distributors and Customers
9.1 Marketing Channel
9.2 MIG and MAG Welders Distributors List
9.3 MIG and MAG Welders Customers
10 MIG and MAG Welders Market Dynamics
10.1 MIG and MAG Welders Industry Trends
10.2 MIG and MAG Welders Market Drivers
10.3 MIG and MAG Welders Market Challenges
10.4 MIG and MAG Welders Market Restraints
11 Research Findings and Conclusion
12 Appendix
12.1 Research Methodology
12.1.1 Methodology/Research Approach
12.1.1.1 Research Programs/Design
12.1.1.2 Market Size Estimation
12.1.1.3 Market Breakdown and Data Triangulation
12.1.2 Data Source
12.1.2.1 Secondary Sources
12.1.2.2 Primary Sources
12.2 Author Details
12.3 Disclaimer
Table of Figures
List of Tables
List of Figures
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