Market Forecast and Insights for Handheld Welding Torch 2032
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The global market for handheld welding torches, valued at USD 2.5 billion in 2023, is projected to reach USD 3.5 billion by 2032, with a CAGR of 4.2% from 2024. These modern torches have been designed for greater efficiency, reduced weight, and ease of use, making them essential across various industries. They are critical in construction projects, from small residential buildings to large commercial structures.