Innovative Techniques

•  Innovative techniques are expected to continue to evolve in the industry, and manufacturers in the space. Specifically, methods for joining dissimilar and non-metallic materials, such as arc welding, spot welding, and plasma welding will continue to grow, and new products and designs will evolve for these techniques.

VR

• The welding industry will increase in the use of Virtual Reality (VR) in the coming years.
• Specifically, VR will be used to train welding students, as well as be used for research and development applications within the space, in order to evaluate designs without using costly physical prototypes.

Increased Versatility of Welding Tools

• The functionality and versatility of welding tools will increase in coming years, as the demand for function-intensive machines increases.

• Welding tools and machines that combine high levels of precision with multifunction efficiency will be in high demand, and manufactures in the welding space will follow suit by designing machines many functions.

Increasing Lack of Qualified Welders

• The shortage of skilled welding workers is projected to continue to increase in the next five years, specifically in areas where high levels of dexterity and mobility are required.

Continued Welding Robotics Growth

• Robotics are projected to continue to have a large impact on the welding industry both in North America and globally in the coming years, with the global robotic welding market projected to have a CAGR of 8.9% through 2023.