Welding is a critical part of the manufacturing industry, and it is important to understand the industry’s current state. In this blog post, we will explore the latest welding industry statistics, including the number of welders, the types of welding used, and the economic impact of welding.
We will also discuss the challenges and opportunities facing the welding industry, and how the industry is likely to evolve in the future. With this information, we can gain a better understanding of the welding industry and how it affects the global economy.
Welding Industry: The Most Important Statistics
This statistic shows that the cost of a spot-welding robot in the U.S. automotive industry has increased from 2005 to 2020, reaching a total cost of around 117,000 U.S. dollars.
Over 402,333 welders are employed in the US, with 6.1% being women and 93.9% being men. The average age of welders is 40 years old, and the most common ethnicity is White (63.2%).
Welding Industry Statistics Overview
The global additive manufacturing market is expected to grow by 17% annually between 2020 and 2023, with metal materials projected to spur market growth.
This shows that the additive manufacturing industry is growing rapidly, and that metal materials are becoming increasingly important. This could have implications for the welding industry, as it could lead to more efficient and cost-effective production methods.
The global market for welding gear is projected to reach $15,210 million by 2026, growing at a CAGR of 4.8% from 2021 to 2026.
The welding industry is growing and is expected to continue to grow due to the increasing demand for welding equipment across many industries, especially the automotive industry.
In 2021, over 26.6 thousand arc welding manipulators and robots were shipped in Japan, while 582 laser welding manipulators and robots were shipped.
Arc welding is still the dominant technology used in the country, while laser welding is still relatively uncommon. This information is useful for businesses in the welding industry as it can help them make informed decisions about their investments and strategies.
This statistic shows that the cost of a spot-welding robot in the U.S. automotive industry has increased from 2005 to 2020, reaching a total cost of around 117,000 U.S. dollars.
It shows the trend of increasing costs for spot-welding robots in the U.S. automotive industry, which can help businesses in the welding industry plan for future investments and budgeting.
In 2021, the sales quantity of cold-finished special steel bars in the iron and steel industry in Japan increased by 24.51% to 604.98 thousand tons, reversing the declining trend from the previous year.
An increase in sales quantity indicates an increase in demand for these products, which can be used to gauge the overall health of the welding industry.
The sales quantity of galvanized hard-drawn wires made from ordinary coated steel in the iron and steel industry in Japan increased by 10.12% in 2021, amounting to 27.21 thousand tons.
Thus, the welding industry in Japan is recovering from a period of decline, indicating a positive outlook for the industry in the near future.
Over 402,333 welders are employed in the US, with 6.1% being women and 93.9% being men. The average age of welders is 40 years old, and the most common ethnicity is White (63.2%).
This provides a snapshot of the current workforce and can be used to inform decisions about recruitment and training. It also highlights the need for greater diversity in the welding industry, as women and people from minority ethnic backgrounds are underrepresented.
Welding occupations offer job security as corporations move towards automation, with Mechanical Engineers the highest in demand at an annual wage of $101,000, followed by First-Line Supervisors of Production and Operating Workers, Machinists, Welders, Cutters, Solderers and Brazers and Team Assemblers.
Thus, there is still a need for welders, despite the move towards automation, and that there is a range of different roles and wages available in the field.
The global TIG Welding Industry is expected to experience growth in production, consumption, revenue, and market share until 2029 due to Covid-19 impacts, size, trends, and key players.
This provides an overview of the current and future market strategies, segmentation, and geographical expansion of the TIG Welding Industry. This information is essential for companies in the industry to make informed decisions about their strategies and investments.
The global welding consumables market is projected to grow by more than USD 5 Billion between 2024 at a CAGR of over 6.30%, with the COVID-19 pandemic creating new opportunities.
Conclusion
The welding industry is an ever-growing and ever-changing industry. From the increasing demand for welders to the introduction of new technologies, the welding industry is constantly evolving.
As the industry continues to grow, it is important to stay up to date on the latest welding industry statistics. By doing so, welders can stay ahead of the competition and make sure they are providing the best services possible.
References
1 - https://www.statista.com/statistics/284863/additive-manufacturing-projected-global-market-size/
2 - https://waterwelders.com/welding-industry-statistics-market-size/#1_The_global_market_for_welding_gear_is_projected_to_reach_15210_million_by_the_end_of_2026_Itll_grow_at_a_CAGR_of_48_from_2021_to_2026
3 - https://www.statista.com/statistics/944942/japan-welding-manipulator-robots-total-shipment-volume-by-application/
4 - https://www.statista.com/statistics/561605/system-costs-of-a-spot-welding-robot-in-us-automotive-industry/
5 - https://www.statista.com/statistics/817884/japan-cold-finished-special-steel-bars-sales-volume/
6 - https://www.statista.com/statistics/817867/japan-galvanized-hard-drawn-steel-wires-sales-volume/
7 - https://www.zippia.com/welder-jobs/demographics/
8 - https://workforce.dcccd.edu/resources/local-economy/pages/isr-welding.aspx
9 - https://www.wicz.com/story/47689936/tig-welding-industry-global-analysis-by-covid-19-impact-size-trends-growth-share--key-players-till-2029
10 - https://www.businesswire.com/news/home/20201110006324/en/COVID-19-Impact-and-Recovery-Analysis-Welding-Consumables-Procurement-Intelligence-Report-Forecasts-Over-USD-5-Billion-Spend-Growth-SpendEdge
