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Global MIG Torch Market by Type (Handheld MIG Torches, Automatic MIG Torches), By Application (Automotive, Electronics, Machinery, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: ME-35922
  • Author: Up Market Research
  • Rating: 4.7
  • Total Reviews: 79
  • No. Of Pages: 234
  • Format:
  • Pub. Date: 2021-04-04
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The Global MIG Torch Market size is projected to grow at a CAGR of 4.2% from 2021 to 2028. Asia Pacific will be the fastest-growing region in terms of revenue generation for this period and has been witnessing robust growth owing to increasing demand for MIG torches in developing countries such as India and China due to their industrial expansion programs.


MIG Torch is a device that helps the MIG (Metal Inert Gas) welding process to become smoother and more efficient. This tool can also be used for gas tungsten arc welding, plasma cutting, or other processes where heat needs to be generated at high temperatures in order to melt metal.


On the basis of Types, the market is segmented into Handheld MIG Torches, Automatic MIG Torches, and Others.


Handheld MIG Torches:

Handheld MIG torches are used in the welding of thin-gauge materials. These devices use a gas metal arc to produce high heat at a lower voltage, leading to higher productivity and more stable welds.


Automatic MIG Torches:

Automatic MIG Torches are devices that can be used to weld metal parts without human supervision. These torches use electricity, compressed air, inert gas to generate a plasma arc which is directed at pieces of metal in order to fuse them together into one continuous piece of material.


On the basis of Application, the market is segmented into Automotive, Electronics, Machinery, and Others. The market for the automotive application is expected to witness significant growth during the forecast period owing to increasing demand from various end-use industries such as railway equipment, power generators, and transformers.



The use of MIG torches in the Automotive industry includes welding components. Welding is one of the most commonly used processes to join two pieces together. The demand for electric arc equipment such as automatic and handheld MIG torches has risen substantially over the past few years due to their high reliability, low costs, versatile applications, and customization capabilities.



MIG torches are widely used in the field of electronics. MIG torches help to remove anything that is over-bonded or stuck on a surface and cannot be removed by hand, which includes heat staking and hot air tools. They can also be utilized for soldering applications such as joining metals together through melting metal components with the application of heat from an electric arc between these two surfaces.



MIG torches are widely used in the welding industry for their high power and reliability. Apart from this, they have a flexible wire handling system which makes them more convenient as compared to other electrical-based machines. They can be operated using different gas valves depending upon what type of metal is being welded.


On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The European region has been considered as one of the most important markets for MIG Torch in terms of revenue generation across the world due to its extensive industrial base, rapid urbanization following increasing demand from key end-use industries such as automotive & transportation.


Growth Factors For The Global MIG Torch Market:

The growth of the global MIG torch market is majorly driven by factors such as a rise in demand for electric arc welding, increasing use of robotic arm systems & automation to cut fabrication costs, and the growing need for high-quality welds. There are several benefits associated with MIG torches that have led to their widespread adoption. They include low cost per foot, reduced cycle time due to faster processing speed, compactness (due to no slag pool), and higher deposition rates compared with other types of industrial torches that are currently available in the market.


Up Market Research published a new report titled “MIG Torch Market research report which is segmented by Types (Handheld MIG Torches, Automatic MIG Torches), By Applications (Automotive, Electronics, Machinery, Others), By Players/Companies ESAB, Tregaskiss, Binzel, American Weldquip, CM Industries, Mipalloy, CLS, Parweld, Dinse, MillerWelds, Bernard, Tweco, Tregaskiss, OTC, MK Products”. 


Report Scope

Report Attributes Report Details
Report Title MIG Torch Market Research Report
By Type Handheld MIG Torches, Automatic MIG Torches
By Application Automotive, Electronics, Machinery, Others
By Companies ESAB, Tregaskiss, Binzel, American Weldquip, CM Industries, Mipalloy, CLS, Parweld, Dinse, MillerWelds, Bernard, Tweco, Tregaskiss, OTC, MK Products
Regions Covered North America, Europe, APAC, Latin America, MEA
Base Year 2020
Historical Year 2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year 2028
Number of Pages 234
Number of Tables & Figures 164
Customization Available Yes, the report can be customized as per your need.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global MIG Torch Industry Outlook

Global MIG Torch Market Report Segments:

The market is segmented by Type Handheld MIG Torches, Automatic MIG Torches and By Application Automotive, Electronics, Machinery, Others.


Some of the companies that are profiled in this report are:

  1. ESAB
  2. Tregaskiss
  3. Binzel
  4. American Weldquip
  5. CM Industries
  6. Mipalloy
  7. CLS
  8. Parweld
  9. Dinse
  10. MillerWelds
  11. Bernard
  12. Tweco
  13. Tregaskiss
  14. OTC
  15. MK Products

MIG Torch Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.


Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the MIG Torch Market

Overview of the regional outlook of the MIG Torch Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

MIG Torch Market Overview

Highlights of The MIG Torch Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of MIG Torch Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
  6. By Type:

                1. Handheld MIG Torches

                2. Automatic MIG Torches

       7. By Application:

                1. Automotive

                2. Electronics

                3. Machinery

                4. Others

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the MIG Torch Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.


How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

MIG Torch Market Statistics

Reasons to Purchase the MIG Torch Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 MIG Torch Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 MIG Torch Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 MIG Torch Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the MIG Torch Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global MIG Torch Market Size & Forecast, 2018-2028 
      4.5.1 MIG Torch Market Size and Y-o-Y Growth 
      4.5.2 MIG Torch Market Absolute $ Opportunity 

Chapter 5 Global MIG Torch Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 MIG Torch Market Size Forecast by Type
      5.2.1 Handheld MIG Torches
      5.2.2 Automatic MIG Torches
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global MIG Torch Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 MIG Torch Market Size Forecast by Applications
      6.2.1 Automotive
      6.2.2 Electronics
      6.2.3 Machinery
      6.2.4 Others
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global MIG Torch Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 MIG Torch Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America MIG Torch Analysis and Forecast
   9.1 Introduction
   9.2 North America MIG Torch Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America MIG Torch Market Size Forecast by Type
      9.6.1 Handheld MIG Torches
      9.6.2 Automatic MIG Torches
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America MIG Torch Market Size Forecast by Applications
      9.10.1 Automotive
      9.10.2 Electronics
      9.10.3 Machinery
      9.10.4 Others
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe MIG Torch Analysis and Forecast
   10.1 Introduction
   10.2 Europe MIG Torch Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe MIG Torch Market Size Forecast by Type
      10.6.1 Handheld MIG Torches
      10.6.2 Automatic MIG Torches
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe MIG Torch Market Size Forecast by Applications
      10.10.1 Automotive
      10.10.2 Electronics
      10.10.3 Machinery
      10.10.4 Others
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific MIG Torch Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific MIG Torch Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific MIG Torch Market Size Forecast by Type
      11.6.1 Handheld MIG Torches
      11.6.2 Automatic MIG Torches
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific MIG Torch Market Size Forecast by Applications
      11.10.1 Automotive
      11.10.2 Electronics
      11.10.3 Machinery
      11.10.4 Others
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America MIG Torch Analysis and Forecast
   12.1 Introduction
   12.2 Latin America MIG Torch Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America MIG Torch Market Size Forecast by Type
      12.6.1 Handheld MIG Torches
      12.6.2 Automatic MIG Torches
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America MIG Torch Market Size Forecast by Applications
      12.10.1 Automotive
      12.10.2 Electronics
      12.10.3 Machinery
      12.10.4 Others
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) MIG Torch Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) MIG Torch Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) MIG Torch Market Size Forecast by Type
      13.6.1 Handheld MIG Torches
      13.6.2 Automatic MIG Torches
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) MIG Torch Market Size Forecast by Applications
      13.10.1 Automotive
      13.10.2 Electronics
      13.10.3 Machinery
      13.10.4 Others
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 MIG Torch Market: Competitive Dashboard
   14.2 Global MIG Torch Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 ESAB
      14.3.2 Tregaskiss
      14.3.3 Binzel
      14.3.4 American Weldquip
      14.3.5 CM Industries
      14.3.6 Mipalloy
      14.3.7 CLS
      14.3.8 Parweld
      14.3.9 Dinse
      14.3.10 MillerWelds
      14.3.11 Bernard
      14.3.12 Tweco
      14.3.13 Tregaskiss
      14.3.14 OTC
      14.3.15 MK Products
Segments Covered in the Report
The global MIG Torch market has been segmented based on

By Types
  • Handheld MIG Torches
  • Automatic MIG Torches
By Applications
  • Automotive
  • Electronics
  • Machinery
  • Others
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • ESAB
  • Tregaskiss
  • Binzel
  • American Weldquip
  • CM Industries
  • Mipalloy
  • CLS
  • Parweld
  • Dinse
  • MillerWelds
  • Bernard
  • Tweco
  • Tregaskiss
  • OTC
  • MK Products

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