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Global Forecast for Handheld Welding Torch Market 2032

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In 2023, the global handheld welding torch market size was USD 2.5 billion, projected to grow to USD 3.5 billion by 2032, with a CAGR of 4.2% from 2024. Modern welding torches have been designed for enhanced efficiency, reduced weight, and user-friendliness, which has increased their adoption in various industries. They are indispensable in construction projects, from small residential buildings to large commercial structures.

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The global handheld welding torch market size was estimated at USD 2.5 billion in 2023 and is projected to reach USD 3.5 billion by 2032, growing at a CAGR of 4.2% during the forecast period from 2024 to 2032.