Rise in the use in the growing building & construction industry to propel further growth in the Global Welding Helmets Market
Covid-19 Impact & Market Status
The recent COVID-19 outbreak started in Wuhan (China) in December 2019 and has rapidly spread around the world since then. As of March 2020, China, Italy, Iran, Spain, the Republic of Korea, France, Germany, and the United States were among the countries with the highest number of positive cases and reported deaths. Due to lockdowns, travel bans, and company closures, the COVID-19 epidemic has impacted economies and businesses in a number of countries. As a result of the outbreak, the global food and beverage industry is one of the major businesses experiencing substantial disruptions such as supply chain disruptions, technology event cancellations, and office closures. With the presence of and the largest raw material suppliers, China is the global industrial powerhouse. The overall market breakdown due to COVID-19 is also affecting the growth of the bacon market due to shutting down of factories, obstacle in supply chain, and downturn in world economy.
It’s being expected that by 2028, the Welding Helmets market cap will hit USD 998 Million at a CAGR growth of about 3.4%.
COVID-19 had a major influence on the welding helmet industry. Several countries' factories were forced to close during the early stages of the pandemic as governments imposed strict lockdowns to prevent the epidemic from spreading. Welding material producers were able to resume factory operations after the lockout was lifted and restrictions were relaxed, but only in a restricted capacity and subject to several rules and regulations. The demand for welding helmets has also decreased, as the bulk of it is tied to end-use industries, which are also having difficulty operating during the pandemic. Owing to the imposition of lockdowns, many development projects, and programs, including government infrastructure projects, which were previously underway came to a complete halt. Construction, like many other industries, is labour-intensive. The construction industry's mass unemployment sparked widespread fear, prompting workers to flee to their homelands to wait out the pandemic. Despite the easing of restrictions in several countries, construction firms are still operating on tight budgets, manpower, and work hours. The welding helmet industry was affected by the building industry's downturn as well. Aside from the closure of manufacturing facilities, several projects in the commercial and industrial construction sectors were cancelled in 2020, reducing demand for welding helmets.
This research report offers a detailed market outlook of the global Welding helmets market depending upon the current economic situation and developments in the application, type, and regional segments. It does a deep analysis of the impact of covid-19 on the market and recovery strategies applied by market players to restore the growth trends and maintain market competitiveness. The in-depth insights documented in the report enable well-informed investment decisions by for the new payers, aspirants, and also the well-established ones in the global wielding helmets market.
Passive Welding Helmet Wielding Helmets Type to Emerge as the Most Lucrative Segment
Global wielding helmets market is classified into passive welding helmet and auto-darkening welding helmets type segments. Among these, the passive welding helmet type wielding helmets is poised for substantial market growth in the years ahead. Passive helmets have several advantages, such as they are usually much cheaper than their auto-darkening counterparts, light-weight and pretty comfortable, unless constantly nodding the helmet up and down, in which case people will feel some neck discomfort, usually more optically clear than ADFs., lenses are easily and cheaply replaced, and it’s possible to purchase lenses with different shades and simply swap them out when needed, no need for batteries, sensitivity controls, or anything extra.
When it comes to a passive helmet, one downside is the lack of circuitry. As a result, the welder's ability to adapt the helmet for a particular reason or welding project is severely limited. It also does not provide adequate protection for all forms of welding projects, necessitating extra caution and the use of the appropriate shades for eye protection.
Industrial and Commercial Machinery Applications to Ensure Revenue Maximization
Global wielding helmets market is classified as Manufacturing, Automotive, Aerospace, Defense, Railways, Building and Construction, Shipbuilding, Industrial and Commercial Machinery, Other Fabricated Metal and Primary Metal Industries, and Professional and DIY type applications. Among these, the gaming type wielding helmets application segment is poised for substantial market growth in the years ahead. Consumption of welding helmets is increasing owing to a decent growth pace for industrial and commercial machinery. is growing at a decent pace Over the years, the metal joining process is has become seamless in branches of science and engineering, like the building of ships, spacecraft, planes, atomic power plants, automobiles, railway carriages, and others. According to the National Bureau of Statistics of China (Department of Investment and Construction), in 2016, The space of industrial and commercial machinery construction was valued at 1,159.11 million square meters which have further increased to 1,533.53 million square meters in 2018. To add on, most of the welding operations requiring full face protection due to the high light intensity are arc welding, air carbon arc cutting, and plasma arc cutting.
Backed by Immense Development Potential North America Wielding Helmets Market to Sail Ahead
Performance analysis of global wielding helmets market based on regional segmentation states that North America is the most mature market for wielding helmets adoption and investments. The region is likely to garner maximum revenue share of global wielding helmets market in the years ahead, mostly from 2021 to 2028.
This is evident from rapid investments in new digital technologies, shift in user preferences, applications in various industry verticals such as gaming, defense, automotive media, and aerospace across leading countries in the region such as Canada and United States.
Additionally, technological advancements due to various research and developments initiatives, the presence of tech giants, commercial mergers and partnerships, expansions of the leading companies in regional and global market are improving the growth feasibility of global wielding helmets market in North America.
North America is a mature market for welding helmets and growth witnessed in the region over the forecast period will remain positive. The growth trajectory exhibited by the market will remain steady in North America, backed by consistent demand from various industries and the country’s automotive and construction sectors. The presence of several leading manufacturers as well will aid in overall expansion. The rapidly developing building & construction industry in the US. a. Canada is attributing to the welding helmet market growth in North America. Government and private sector companies are making huge in infrastructural development across the region. According to the US. Census Bureau, the country's construction expenditure in the first nine months of 2019 accounted for approximately USU 968.7 billion. The welding helmets are used at construction projects for several welding applications, including pipe fabrication and structural welding.
Constant repair and maintenance work is expected to offer lucrative growth opportunity for market players, thus furthering the inclusion of Wielding Helmets
The rapid expansion of the construction industry across the globe owing to the rising demand for residential and non-residential construction across economies, such as India, China, and Indonesia, is projected to propel the market growth. The construction sector in the U.S. is expected to witness high growth over the forecast period, which, in turn, is predicted to drive the demand for welding helmets. A wide range of applications in construction coupled with technological advancements, development of innovative manufacturing methods is likely to benefit the market growth.
The recent COVID-19 outbreak started in Wuhan (China) in December 2019 and has rapidly spread around the world since then. As of March 2020, China, Italy, Iran, Spain, the Republic of Korea, France, Germany, and the United States were among the countries with the highest number of positive cases and reported deaths. Due to lockdowns, travel bans, and company closures, the COVID-19 epidemic has impacted economies and businesses in a number of countries.
Due to the demand from the shipbuilding, offshore drilling, automotive, oil & gas, construction, aerospace, and energy sectors, the global welding helmet market is expected to grow significantly over the forecast period. Welding processes are used in the production of most consumer goods. As a result, the market for welding helmets is rising around the world to complete the welding process. Furthermore, advancements in engineering and construction are driving the demand for more advanced welding safety accessories, which is fuelling market development.
A welding helmet is a type of headgear worn when performing particular forms of welding. The neck, ears, and eyes need to be protected from fire, infrared light, sparks, ultraviolet light, and flash burn. Welding helmets are a type of protective headgear worn by welders to shield them from harmful radiation emitted during the welding process. Welding helmets also shield the face and neck from flashes and flames generated during the welding process. Helmets are an essential part of operator safety and security in grinding and welding processes. A variety of choices are considered when choosing a helmet for a particular setting or application. Different types of welding helmets provide different solutions and innovations that affect not only welding operator safety but also comfort and productivity.
Welding is a popular method of joining materials in the transportation industry, and it has the same strength as the materials being joined. The transportation end-use industry accounted for 34.42 percent of overall welding materials sales in 2019. According to the OICA (Organisation Internationale des Constructeurs d'Automobiles), global passenger car production reached 67.14 million units. Even though vehicle production fell by about 5% in 2019 compared to 2018, the welding materials demand in this industry still has a lot of room for expansion. In the automotive industry, innovations and technical advances are being made to meet the increasing demand from custodians.
The high cost of advanced welding helmet products is likely to hamper the target industry growth. However, the presence of substitutes such as weld masks, goggles, etc. is likely to hinder the target market growth in the years to come. Nevertheless, Welding techniques like laser welding and ultrasonic welding are becoming more common, which is driving the welding helmet market forward. These welding techniques are highly efficient and provide several benefits, making them ideal for a wide range of applications. End-use industries where joint precision and accuracy are critical, such as electric appliances, robotic appliances, and moving automotive parts, are rapidly adopting these techniques. Welding helmets would be in higher demand because welding is the only joining process that can be used in space and underwater.
The major players of the global wielding helmets market are Lincoln Electric Holdings, ITW (Hobart Welders and Miller Welders), 3M, Antra Inc, Esab, Jackson Safety, Honeywell International Inc., and YesWelder.
Among all other established and emerging companies and investors. These market players are spread across the world and are aggressive in developing new technologies to lead the market and improve revenue growth. Furthermore, the market players to stay ahead of the competitive landscape are unravelling strategic initiatives like mergers and acquisitions, new product portfolios, and technological innovations.
Wielding Helmets Market Scope
Metrics | Details |
Base Year | 2023 |
Historic Data | 2018-2022 |
Forecast Period | 2024-2028 |
Study Period | 2018-2028 |
Forecast Unit | Value (USD) |
Revenue forecast in 2028 | USD 998 Million |
Growth Rate | CAGR of 3.4 % during 2018-2028 |
Segment Covered | By Type, By Application, By Market Players, Regions |
Regions Covered | North America, Europe, Asia Pacific, Middle East and Africa, South America |
Key Players Profiled | Lincoln Electric, Illinois Tool Works, Kimberly-Clark, ESAB, Optrel AG, 3M, Honeywell, ArcOne, KEMPER AMERICA, GYS, JSP, Enseet, Changzhou Shine Science and Technology |
Key Segments of the Global Wielding Helmets Market
Type Overview, (USD million)
- Passive Welding Helmet
- Auto-Darkening Welding Helmets
Application Overview, (USD million)
- Manufacturing
- Automotive
- Aerospace
- Defense
- Railways
- Building and Construction
- Shipbuilding
- Industrial and Commercial Machinery
- Other Fabricated Metal and Primary Metal Industries
- Professional and DIY
Regional Overview, (USD million)
North America
- U.S
- Canada
Europe
- Germany
- France
- UK
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- Rest of Asia Pacific
South America
- Mexico
- Brazil
- Rest of South America
Middle East and South Africa