| Product Code: ETC043799 | Publication Date: Jan 2021 | Updated Date: Jan 2026 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
In the Hungary arc welding equipment market, the import trend exhibited notable growth from 2023 to 2024, with a growth rate of 12.19%. The compound annual growth rate (CAGR) for the period 2020-2024 stood at 23.36%. This robust import momentum can be attributed to increasing industrial demand and favorable trade policies during the period, contributing to market stability.

Arc welding is a widely used technique in metal fabrication and construction. The market for arc welding equipment in Hungary is characterized by a mix of local manufacturers and international players. With ongoing infrastructure projects and industrial development, the demand for arc welding equipment remains robust.
The Hungary Arc Welding Equipment market is experiencing significant growth due to the expanding manufacturing sector, infrastructure development projects, and increasing adoption of automation in industrial processes. Arc welding equipment is widely used for fabrication and construction activities across various industries including automotive, construction, shipbuilding, and aerospace. Additionally, advancements in welding technologies, such as inverter-based power sources and robotic welding systems, are driving the market growth by enhancing welding efficiency, productivity, and precision.
One of the significant challenges for the arc welding equipment market in Hungary is the increasing competition from low-cost manufacturers in other regions. Moreover, technological advancements in welding techniques require continuous investment in research and development to stay competitive, which can strain smaller market players.
In line with its industrial development strategies, the Hungary government has introduced measures to promote the use of arc welding equipment in manufacturing processes. These measures include subsidies for companies adopting advanced welding technologies, vocational training programs to enhance the skills of welders, and quality standards enforcement to ensure product safety and reliability.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Hungary Arc Welding Equipment Market Overview |
3.1 Hungary Country Macro Economic Indicators |
3.2 Hungary Arc Welding Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Hungary Arc Welding Equipment Market - Industry Life Cycle |
3.4 Hungary Arc Welding Equipment Market - Porter's Five Forces |
3.5 Hungary Arc Welding Equipment Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Hungary Arc Welding Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Hungary Arc Welding Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Hungary Arc Welding Equipment Market Trends |
6 Hungary Arc Welding Equipment Market, By Types |
6.1 Hungary Arc Welding Equipment Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Hungary Arc Welding Equipment Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Hungary Arc Welding Equipment Market Revenues & Volume, By Manual, 2021-2031F |
6.1.4 Hungary Arc Welding Equipment Market Revenues & Volume, By Semi-automatic, 2021-2031F |
6.1.5 Hungary Arc Welding Equipment Market Revenues & Volume, By Fully Automatic, 2021-2031F |
6.2 Hungary Arc Welding Equipment Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Hungary Arc Welding Equipment Market Revenues & Volume, By Construction, 2021-2031F |
6.2.3 Hungary Arc Welding Equipment Market Revenues & Volume, By Rails, 2021-2031F |
6.2.4 Hungary Arc Welding Equipment Market Revenues & Volume, By Machinery Manufacturing, 2021-2031F |
6.2.5 Hungary Arc Welding Equipment Market Revenues & Volume, By Automobile Industry, 2021-2031F |
6.2.6 Hungary Arc Welding Equipment Market Revenues & Volume, By Aerospace, 2021-2031F |
6.2.7 Hungary Arc Welding Equipment Market Revenues & Volume, By Electronics, 2021-2031F |
7 Hungary Arc Welding Equipment Market Import-Export Trade Statistics |
7.1 Hungary Arc Welding Equipment Market Export to Major Countries |
7.2 Hungary Arc Welding Equipment Market Imports from Major Countries |
8 Hungary Arc Welding Equipment Market Key Performance Indicators |
9 Hungary Arc Welding Equipment Market - Opportunity Assessment |
9.1 Hungary Arc Welding Equipment Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Hungary Arc Welding Equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Hungary Arc Welding Equipment Market - Competitive Landscape |
10.1 Hungary Arc Welding Equipment Market Revenue Share, By Companies, 2024 |
10.2 Hungary Arc Welding Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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