| Product Code: ETC309919 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Hungary`s import trend for the welding market showed a decline in growth from 2023 to 2024, with a rate of -8.76%. However, the compound annual growth rate (CAGR) from 2020 to 2024 was 15.89%. This shift may be attributed to changing market demands or alterations in trade policies impacting import momentum.
The Hungary Welding Market encompasses the entire ecosystem of welding processes, equipment, consumables, and services involved in joining metals and alloys for construction, manufacturing, infrastructure, and repair applications. Welding plays a critical role in fabricating structures, components, and assemblies across various industries, providing strong, durable, and cost-effective solutions for metal joining and fabrication challenges. This market is driven by factors such as industrial growth, construction activities, and demand for skilled welding professionals.
The Hungary Welding market is experiencing substantial growth, driven by several key factors. One significant driver is the increasing demand for welding services across various industries, including construction, automotive, aerospace, and energy. Welding plays a crucial role in joining metals and fabricating structures and components for various applications. Additionally, infrastructure development projects, urbanization, and industrialization initiatives are driving the demand for welding services in Hungary. Moreover, advancements in welding technologies, materials, and processes are expanding the applications of welding, further fueling market growth.
Challenges include addressing skill shortages and training gaps in the welding workforce, ensuring quality control and consistency in welding processes, and adapting to changes in industry standards and regulations.
Government policies in Hungary address the overall welding market by promoting skill development and training programs for welders. Emphasis is placed on the adoption of advanced welding techniques and equipment to enhance productivity and competitiveness.
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 Welding Market Overview |
3.1 Hungary Country Macro Economic Indicators |
3.2 Hungary Welding Market Revenues & Volume, 2021 & 2031F |
3.3 Hungary Welding Market - Industry Life Cycle |
3.4 Hungary Welding Market - Porter's Five Forces |
3.5 Hungary Welding Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Hungary Welding Market Revenues & Volume Share, By Welding Type, 2021 & 2031F |
3.7 Hungary Welding Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Hungary Welding Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for welding services in various industries such as automotive, construction, and manufacturing |
4.2.2 Technological advancements in welding equipment leading to improved efficiency and quality of welds |
4.2.3 Growing infrastructure development projects in Hungary boosting the demand for welding services |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials and welding consumables impacting the overall cost of welding services |
4.3.2 Availability of skilled labor and welders in the market |
4.3.3 Stringent regulations and compliance requirements in the welding industry affecting operational flexibility |
5 Hungary Welding Market Trends |
6 Hungary Welding Market, By Types |
6.1 Hungary Welding Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Hungary Welding Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Hungary Welding Market Revenues & Volume, By Welding Equipment, 2021-2031F |
6.1.4 Hungary Welding Market Revenues & Volume, By Consumables, 2021-2031F |
6.2 Hungary Welding Market, By Welding Type |
6.2.1 Overview and Analysis |
6.2.2 Hungary Welding Market Revenues & Volume, By Arc, 2021-2031F |
6.2.3 Hungary Welding Market Revenues & Volume, By Resistance, 2021-2031F |
6.2.4 Hungary Welding Market Revenues & Volume, By Oxy-Acetylene Gas, 2021-2031F |
6.2.5 Hungary Welding Market Revenues & Volume, By Solid State, 2021-2031F |
6.2.6 Hungary Welding Market Revenues & Volume, By Others, 2021-2031F |
6.3 Hungary Welding Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Hungary Welding Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.3 Hungary Welding Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.3.4 Hungary Welding Market Revenues & Volume, By Heavy Engineering, 2021-2031F |
6.3.5 Hungary Welding Market Revenues & Volume, By Railway & Shipbuilding, 2021-2031F |
6.3.6 Hungary Welding Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.3.7 Hungary Welding Market Revenues & Volume, By Others, 2021-2031F |
7 Hungary Welding Market Import-Export Trade Statistics |
7.1 Hungary Welding Market Export to Major Countries |
7.2 Hungary Welding Market Imports from Major Countries |
8 Hungary Welding Market Key Performance Indicators |
8.1 Welding equipment utilization rate |
8.2 Percentage of projects completed on time and within budget |
8.3 Rate of adoption of advanced welding technologies |
8.4 Number of qualified welders in the market |
8.5 Customer satisfaction levels with welding services provided |
9 Hungary Welding Market - Opportunity Assessment |
9.1 Hungary Welding Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Hungary Welding Market Opportunity Assessment, By Welding Type, 2021 & 2031F |
9.3 Hungary Welding Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Hungary Welding Market - Competitive Landscape |
10.1 Hungary Welding Market Revenue Share, By Companies, 2024 |
10.2 Hungary Welding Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |