Global Submerged Arc Welding Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Semi-Automatic Submerged Arc Welding and Automatic Submerged Arc Welding.

By Application;

Carbon Steels, Low Alloy Steels, Stainless Steels, and Nickel-Based Alloys.

By End-User;

Construction, Automotive, Aerospace & Defense and Shipbuilding.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn465877508 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Submerged Arc Welding Market (USD Million), 2021 - 2031

In the year 2024, the Global Submerged Arc Welding Market was valued at USD 8,420.45 million. The size of this market is expected to increase to USD 12,745.09 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.1%.

The global submerged arc welding (SAW) market is a crucial segment within the welding industry, characterized by its efficiency and versatility in joining thick steel plates and components. Submerged arc welding involves the formation of an arc between a continuously fed electrode and the workpiece, submerged under a granular flux layer. This method offers several advantages, including high weld quality, deep penetration capabilities, and minimal spatter, making it suitable for a wide range of industrial applications.

Key sectors driving the demand for submerged arc welding include shipbuilding, automotive manufacturing, construction, and infrastructure development. In shipbuilding, for instance, SAW is extensively used for welding large steel structures such as ship hulls and decks, ensuring robust welds that meet stringent maritime standards. The automotive industry employs SAW for welding components in heavy vehicles and equipment where high-strength welds and efficient production processes are essential. Moreover, in the construction sector, SAW plays a vital role in fabricating structural steel elements for bridges, buildings, and pipelines, contributing to the growth of the global welding market.

Technological advancements in welding equipment and consumables are further propelling the growth of the global SAW market. Modern SAW systems incorporate automation, robotics, and digital controls to enhance welding precision, productivity, and operational efficiency. These innovations cater to the increasing demand for high-quality welds in industries requiring reliable and cost-effective welding solutions. As industries continue to adopt advanced manufacturing technologies, the SAW market is poised for steady expansion, driven by its ability to deliver strong, durable welds in various industrial applications.

In addition to traditional sectors, emerging trends such as the growth of renewable energy infrastructure and the expansion of oil and gas pipelines present new opportunities for submerged arc welding. These developments underscore the market's potential to support critical infrastructure projects globally, meeting the demand for efficient, high-performance welding solutions in diverse operational environments.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By End-User
    4. Market Snapshot, By Region
  4. Global Submerged Arc Welding Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Infrastructure Development

        2. Industrialization and Manufacturing

      2. Restraints
        1. Technological Advancements in Welding

        2. Economic Uncertainty

      3. Opportunities
        1. Renewable Energy Projects

        2. Technological Innovations

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Submerged Arc Welding Market, By Type, 2021 - 2031 (USD Million)
      1. Automatic Submerged Arc Welding
      2. Semi-automatic Submerged Arc Welding
    2. Global Submerged Arc Welding Market, By Application, 2021 - 2031 (USD Million)
      1. Carbon Steels
      2. Low Alloy Steels
      3. Stainless Steels
      4. Nickel-Based Alloys.
    3. Global Submerged Arc Welding Market, By End-User, 2021 - 2031 (USD Million)
      1. Construction
      2. Automotive
      3. Aerospace & Defense
      4. Shipbuilding
    4. Global Submerged Arc Welding Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Colfax Corporation
      2. DAIHEN Corporation
      3. Illinois Tool Works Inc.
      4. Kjellberg Finsterwalde Plasma und Maschinen GmbH
      5. Lincoln Electric Holdings, Inc.
  7. Analyst Views
  8. Future Outlook of the Market