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Ballooning Mining Operations Fueling Sales of Engine-Driven Welders in U.S.

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Aryan Kumar
Ballooning Mining Operations Fueling Sales of Engine-Driven Welders in U.S.

The U.S. engine-driven welder market will grow at a CAGR of 6.0% during the forecast period (2019–2024), on account of the rising adoption of engine-driven welders in the mining sector and pipeline construction and maintenance operations. The mining and pipeline operations require such welders in remote locations, where there is lack of electricity supply. These factors, will therefore, help the market in escalating from $133.1 million in 2018 to $188.9 million by 2024, in the country.

The soaring demand for dual operating machines (welding and electric supply) from the mining industry will drive the market in the coming years. Welders are required in the mining sector for repairing mining machines and removing damaged or crack parts. Besides, welders are also used in supplying electricity, in the absence of electricity supply, for auxiliary operations like powering electrical equipment and devices. Hence, the surge in mining activities in the U.S. for the extraction of geological materials and minerals will boost the demand for these welders in the future.

In recent years, the U.S. engine-driven welder market has witnessed a significant demand for advanced engine-driven welders. This market trend has encouraged leading manufacturers, such as Lincoln Electric Holdings Inc. and Miller Electric Mfg. LLC, to develop easy-to-operate, lightweight, and compact welders that require less set-up time. For example, Lincoln Electric Holdings Inc. introduced Ranger 330 MPX, a new gas-based engine-driver generator and welder, in February 2019. This product has smaller footprint, is lighter, and has smaller capacity than other machines of its kind.

Further, the amperage segment of the U.S. engine-driven welder market is classified into less than 200 A, 200 A–299 A, 300 A–399 A, 400 A–499 A, 500 A–599 A, 600 A–799 A, and 800 A and above. Among these, the 300 A–399 A category held the largest share in 2018, and it will register significant growth throughout the forecast period. This is attributed to the widescale adoption of 300 A–399 A welders in construction, pipeline operations, machinery repair and maintenance, and structural steel works.

Thus, with the rising number of mining and construction activities, the market will advance at a significant rate in the forecast years.

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Aryan Kumar
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