South Korea Welding Equipment Market Size & Outlook
Global Market
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South Korea welding equipment market highlights
- The South Korea welding equipment market generated a revenue of USD 311.5 million in 2025 and is expected to reach USD 474.0 million by 2033.
- The South Korea market is expected to grow at a CAGR of 5.4% from 2026 to 2033.
- In terms of segment, arc welding was the largest revenue generating technology in 2025.
- Laser Beam Welding is the most lucrative technology segment registering the fastest growth during the forecast period.
Welding equipment market data book summary
| Market revenue in 2025 | USD 311.5 million |
| Market revenue in 2033 | USD 474.0 million |
| Growth rate | 5.4% (CAGR from 2026 to 2033) |
| Largest segment | Arc welding |
| Fastest growing segment | Laser Beam Welding |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Resistance Welding, Laser Beam Welding, Arc Welding, Oxy-Fuel Welding, Other Technology |
| Key market players worldwide | Lincoln Electric Holdings Inc, ACRO AUTOMATION SYSTEMS, INC., Illinois Tool Works Inc, Voestalpine AG, Carl Cloos Schweisstechnik, OTC DAIHEN, Panasonic Industry, ESAB Corp, Coherent Corp, Ador Welding, Mitco Global, POLYSOUDE, Kemppi |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.4% of the global welding equipment market in 2025.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China welding equipment market is projected to lead the regional market in terms of revenue in 2033.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,244.6 million by 2033.
According to the U.S. Department of State, South Korea is an attractive investment destination for foreign players largely because of its political stability, as well as robust logistics, and information & communications infrastructure. The U.S.-Korea Free Trade Agreement (KORUS), which came into force in 2019, further improved the investment inflow from the U.S.
Moreover, the expansion of the welding equipment market in South Korea has been aided by the presence of industries that employ welding extensively, such as shipbuilding and the automobile industry.
Strong global demand is driving South Korea's export-focused industrial sectors, with the demand primarily coming from the shipbuilding and automotive industries. As a result, the requirement for welding equipment will continue to increase.
Key Regions:U.S., UK, Japan, Brazil, South Africa
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Welding Equipment Market Scope
Welding Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Illinois Tool Works Inc | View profile | 45,000 | 155 Harlem Avenue, Glenview, IL, United States, 60025 | www.itw.com |
| Lincoln Electric Holdings Inc | View profile | 12,000 | 22801 Street Clair Avenue, Cleveland, OH, United States, 44117 | www.lincolnelectric.com |
| ESAB Corp | View profile | 9,000 | 909 Rose Avenue, 8th Floor, North Bethesda, MD, United States, 20852 | www.esabcorporation.com |
| Voestalpine AG | View profile | 50,712 | Voestalpine-Strasse 1, Linz, Austria, 4020 | www.voestalpine.com |
| ACRO AUTOMATION SYSTEMS, INC. | View profile | 101-250 | Milwaukee, Wisconsin, United States, North America | acro.com |
| Carl Cloos Schweisstechnik | View profile | 501-1000 | Haiger, Hessen, Germany, Europe | www.cloos.de/ |
| OTC DAIHEN | View profile | 51-100 | Tipp City, Ohio, United States, North America | www.daihen-usa.com |
| Panasonic Industry | View profile | 1001-5000 | Ottobrunn, Bayern, Germany, Europe | www.panasonic-electric-works.co.uk |
| Coherent Corp | View profile | 27,000 | 375 Saxonburg Boulevard, Saxonburg, PA, United States, 16056 | www.ii-vi.com |
| Ador Welding | View profile | 501-1000 | Mumbai, Maharashtra, India, Asia | www.adorwelding.com/ |
South Korea Welding Equipment Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Welding Equipment Market Outlook will help companies and investors design strategic landscapes.
Arc Welding was the largest segment with a revenue share of 73.71% in 2025.
Horizon Databook has segmented the South Korea welding equipment market based on resistance welding, laser beam welding, arc welding, oxy-fuel welding, other technology covering the revenue growth of each sub-segment from 2021 to 2033.
According to the U.S. Department of State, South Korea is an attractive investment destination for foreign players largely because of its political stability, as well as robust logistics, and information & communications infrastructure. The U.S.-Korea Free Trade Agreement (KORUS), which came into force in 2019, further improved the investment inflow from the U.S.
Moreover, the expansion of the welding equipment market in South Korea has been aided by the presence of industries that employ welding extensively, such as shipbuilding and the automobile industry.
Strong global demand is driving South Korea's export-focused industrial sectors, with the demand primarily coming from the shipbuilding and automotive industries. As a result, the requirement for welding equipment will continue to increase.
- South Korea Welding Equipment Market Technology Outlook (Revenue, USD Million , 2021-2033)
- Arc Welding
- Resistance Welding
- Laser Beam Welding
- Oxy-Fuel Welding
- Other Technology
- South Korea Welding Equipment Market Type Outlook (Revenue, USD Million , 2021-2033)
- Automatic
- Semi-Automatic
- Manual
- South Korea Welding Equipment Market End Use Outlook (Revenue, USD Million , 2021-2033)
- Aerospace
- Automotive
- Building & Construction
- Energy
- Oil & Gas
- Marine
- Other End-use
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea Welding Equipment Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Korea Welding Equipment Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
South Korea Welding Equipment Market, 2021-2033 (US$M)
South Korea welding equipment market statistics, by technology, 2021-2033 (US$M)
