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TIG Torch-Global Market Insights and Sales Trends 2025
Synopsis
TIG stands for tungsten inert gas and is technically called gas tungsten arc welding (GTAW). The process uses a non-consumable tungsten electrode that delivers the current to the welding arc. The tungsten and weld puddle are protected and cooled with an inert gas, typically argon.
The global TIG Torch market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of TIG Torch in various end use industries. The expanding demands from the General Industry, Construction, Automotive and Energy Industry, are propelling TIG Torch market. Air Cooled, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Water Cooled segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for TIG Torch market, driven by demand from China, the second largest economy with some signs of stabilising, the TIG Torch market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for TIG Torch, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global TIG Torch market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global TIG Torch market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, TIG Torch sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of TIG Torch covered in this report include CK Worldwide, Lincoln Electric, ABICOR BINZEL, Weldcraft, ESAB, Miller Electric, CM Industries, FRONIUS and TEC Welding Products Inc., etc.
The global TIG Torch market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
CK Worldwide
Lincoln Electric
ABICOR BINZEL
Weldcraft
ESAB
Miller Electric
CM Industries
FRONIUS
TEC Welding Products Inc.
TBi Industries GmbH
Tokin Corporation
Parweld
Global TIG Torch market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global TIG Torch market, Segment by Type:
Air Cooled
Water Cooled
Global TIG Torch market, by Application
General Industry
Construction
Automotive
Energy Industry
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of TIG Torch manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of TIG Torch in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
TIG stands for tungsten inert gas and is technically called gas tungsten arc welding (GTAW). The process uses a non-consumable tungsten electrode that delivers the current to the welding arc. The tungsten and weld puddle are protected and cooled with an inert gas, typically argon.
The global TIG Torch market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of TIG Torch in various end use industries. The expanding demands from the General Industry, Construction, Automotive and Energy Industry, are propelling TIG Torch market. Air Cooled, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Water Cooled segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for TIG Torch market, driven by demand from China, the second largest economy with some signs of stabilising, the TIG Torch market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for TIG Torch, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global TIG Torch market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global TIG Torch market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, TIG Torch sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of TIG Torch covered in this report include CK Worldwide, Lincoln Electric, ABICOR BINZEL, Weldcraft, ESAB, Miller Electric, CM Industries, FRONIUS and TEC Welding Products Inc., etc.
The global TIG Torch market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
CK Worldwide
Lincoln Electric
ABICOR BINZEL
Weldcraft
ESAB
Miller Electric
CM Industries
FRONIUS
TEC Welding Products Inc.
TBi Industries GmbH
Tokin Corporation
Parweld
Global TIG Torch market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global TIG Torch market, Segment by Type:
Air Cooled
Water Cooled
Global TIG Torch market, by Application
General Industry
Construction
Automotive
Energy Industry
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of TIG Torch manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of TIG Torch in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 TIG Torch Market Overview
1.1 TIG Torch Product Overview
1.2 TIG Torch Market Segment by Type
1.2.1 Air Cooled
1.2.2 Water Cooled
1.3 Global TIG Torch Market Size by Type
1.3.1 Global TIG Torch Market Size Overview by Type (2018-2029)
1.3.2 Global TIG Torch Historic Market Size Review by Type (2018-2023)
1.3.3 Global TIG Torch Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America TIG Torch Sales Breakdown by Type (2018-2023)
1.4.2 Europe TIG Torch Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific TIG Torch Sales Breakdown by Type (2018-2023)
1.4.4 Latin America TIG Torch Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa TIG Torch Sales Breakdown by Type (2018-2023)
2 Global TIG Torch Market Competition by Company
2.1 Global Top Players by TIG Torch Sales (2018-2023)
2.2 Global Top Players by TIG Torch Revenue (2018-2023)
2.3 Global Top Players by TIG Torch Price (2018-2023)
2.4 Global Top Manufacturers TIG Torch Manufacturing Base Distribution, Sales Area, Product Type
2.5 TIG Torch Market Competitive Situation and Trends
2.5.1 TIG Torch Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by TIG Torch Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in TIG Torch as of 2022)
2.7 Date of Key Manufacturers Enter into TIG Torch Market
2.8 Key Manufacturers TIG Torch Product Offered
2.9 Mergers & Acquisitions, Expansion
3 TIG Torch Status and Outlook by Region
3.1 Global TIG Torch Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global TIG Torch Historic Market Size by Region
3.2.1 Global TIG Torch Sales in Volume by Region (2018-2023)
3.2.2 Global TIG Torch Sales in Value by Region (2018-2023)
3.2.3 Global TIG Torch Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global TIG Torch Forecasted Market Size by Region
3.3.1 Global TIG Torch Sales in Volume by Region (2024-2029)
3.3.2 Global TIG Torch Sales in Value by Region (2024-2029)
3.3.3 Global TIG Torch Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global TIG Torch by Application
4.1 TIG Torch Market Segment by Application
4.1.1 General Industry
4.1.2 Construction
4.1.3 Automotive
4.1.4 Energy Industry
4.1.5 Others
4.2 Global TIG Torch Market Size by Application
4.2.1 Global TIG Torch Market Size Overview by Application (2018-2029)
4.2.2 Global TIG Torch Historic Market Size Review by Application (2018-2023)
4.2.3 Global TIG Torch Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America TIG Torch Sales Breakdown by Application (2018-2023)
4.3.2 Europe TIG Torch Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific TIG Torch Sales Breakdown by Application (2018-2023)
4.3.4 Latin America TIG Torch Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa TIG Torch Sales Breakdown by Application (2018-2023)
5 North America TIG Torch by Country
5.1 North America TIG Torch Historic Market Size by Country
5.1.1 North America TIG Torch Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America TIG Torch Sales in Volume by Country (2018-2023)
5.1.3 North America TIG Torch Sales in Value by Country (2018-2023)
5.2 North America TIG Torch Forecasted Market Size by Country
5.2.1 North America TIG Torch Sales in Volume by Country (2024-2029)
5.2.2 North America TIG Torch Sales in Value by Country (2024-2029)
6 Europe TIG Torch by Country
6.1 Europe TIG Torch Historic Market Size by Country
6.1.1 Europe TIG Torch Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe TIG Torch Sales in Volume by Country (2018-2023)
6.1.3 Europe TIG Torch Sales in Value by Country (2018-2023)
6.2 Europe TIG Torch Forecasted Market Size by Country
6.2.1 Europe TIG Torch Sales in Volume by Country (2024-2029)
6.2.2 Europe TIG Torch Sales in Value by Country (2024-2029)
7 Asia-Pacific TIG Torch by Region
7.1 Asia-Pacific TIG Torch Historic Market Size by Region
7.1.1 Asia-Pacific TIG Torch Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific TIG Torch Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific TIG Torch Sales in Value by Region (2018-2023)
7.2 Asia-Pacific TIG Torch Forecasted Market Size by Region
7.2.1 Asia-Pacific TIG Torch Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific TIG Torch Sales in Value by Region (2024-2029)
8 Latin America TIG Torch by Country
8.1 Latin America TIG Torch Historic Market Size by Country
8.1.1 Latin America TIG Torch Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America TIG Torch Sales in Volume by Country (2018-2023)
8.1.3 Latin America TIG Torch Sales in Value by Country (2018-2023)
8.2 Latin America TIG Torch Forecasted Market Size by Country
8.2.1 Latin America TIG Torch Sales in Volume by Country (2024-2029)
8.2.2 Latin America TIG Torch Sales in Value by Country (2024-2029)
9 Middle East and Africa TIG Torch by Country
9.1 Middle East and Africa TIG Torch Historic Market Size by Country
9.1.1 Middle East and Africa TIG Torch Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa TIG Torch Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa TIG Torch Sales in Value by Country (2018-2023)
9.2 Middle East and Africa TIG Torch Forecasted Market Size by Country
9.2.1 Middle East and Africa TIG Torch Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa TIG Torch Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 CK Worldwide
10.1.1 CK Worldwide Company Information
10.1.2 CK Worldwide Introduction and Business Overview
10.1.3 CK Worldwide TIG Torch Sales, Revenue and Gross Margin (2018-2023)
10.1.4 CK Worldwide TIG Torch Products Offered
10.1.5 CK Worldwide Recent Development
10.2 Lincoln Electric
10.2.1 Lincoln Electric Company Information
10.2.2 Lincoln Electric Introduction and Business Overview
10.2.3 Lincoln Electric TIG Torch Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Lincoln Electric TIG Torch Products Offered
10.2.5 Lincoln Electric Recent Development
10.3 ABICOR BINZEL
10.3.1 ABICOR BINZEL Company Information
10.3.2 ABICOR BINZEL Introduction and Business Overview
10.3.3 ABICOR BINZEL TIG Torch Sales, Revenue and Gross Margin (2018-2023)
10.3.4 ABICOR BINZEL TIG Torch Products Offered
10.3.5 ABICOR BINZEL Recent Development
10.4 Weldcraft
10.4.1 Weldcraft Company Information
10.4.2 Weldcraft Introduction and Business Overview
10.4.3 Weldcraft TIG Torch Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Weldcraft TIG Torch Products Offered
10.4.5 Weldcraft Recent Development
10.5 ESAB
10.5.1 ESAB Company Information
10.5.2 ESAB Introduction and Business Overview
10.5.3 ESAB TIG Torch Sales, Revenue and Gross Margin (2018-2023)
10.5.4 ESAB TIG Torch Products Offered
10.5.5 ESAB Recent Development
10.6 Miller Electric
10.6.1 Miller Electric Company Information
10.6.2 Miller Electric Introduction and Business Overview
10.6.3 Miller Electric TIG Torch Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Miller Electric TIG Torch Products Offered
10.6.5 Miller Electric Recent Development
10.7 CM Industries
10.7.1 CM Industries Company Information
10.7.2 CM Industries Introduction and Business Overview
10.7.3 CM Industries TIG Torch Sales, Revenue and Gross Margin (2018-2023)
10.7.4 CM Industries TIG Torch Products Offered
10.7.5 CM Industries Recent Development
10.8 FRONIUS
10.8.1 FRONIUS Company Information
10.8.2 FRONIUS Introduction and Business Overview
10.8.3 FRONIUS TIG Torch Sales, Revenue and Gross Margin (2018-2023)
10.8.4 FRONIUS TIG Torch Products Offered
10.8.5 FRONIUS Recent Development
10.9 TEC Welding Products Inc.
10.9.1 TEC Welding Products Inc. Company Information
10.9.2 TEC Welding Products Inc. Introduction and Business Overview
10.9.3 TEC Welding Products Inc. TIG Torch Sales, Revenue and Gross Margin (2018-2023)
10.9.4 TEC Welding Products Inc. TIG Torch Products Offered
10.9.5 TEC Welding Products Inc. Recent Development
10.10 TBi Industries GmbH
10.10.1 TBi Industries GmbH Company Information
10.10.2 TBi Industries GmbH Introduction and Business Overview
10.10.3 TBi Industries GmbH TIG Torch Sales, Revenue and Gross Margin (2018-2023)
10.10.4 TBi Industries GmbH TIG Torch Products Offered
10.10.5 TBi Industries GmbH Recent Development
10.11 Tokin Corporation
10.11.1 Tokin Corporation Company Information
10.11.2 Tokin Corporation Introduction and Business Overview
10.11.3 Tokin Corporation TIG Torch Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Tokin Corporation TIG Torch Products Offered
10.11.5 Tokin Corporation Recent Development
10.12 Parweld
10.12.1 Parweld Company Information
10.12.2 Parweld Introduction and Business Overview
10.12.3 Parweld TIG Torch Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Parweld TIG Torch Products Offered
10.12.5 Parweld Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 TIG Torch Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 TIG Torch Industrial Chain Analysis
11.4 TIG Torch Market Dynamics
11.4.1 TIG Torch Industry Trends
11.4.2 TIG Torch Market Drivers
11.4.3 TIG Torch Market Challenges
11.4.4 TIG Torch Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 TIG Torch Distributors
12.3 TIG Torch Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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