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Welding Services in the US Procurement Price, Data and Insights
Welding involves the use of high temperatures to melt and fuse metals together, while brazing uses moderate heat to melt a filler material that bonds the metals without melting the base material, and soldering operates at even lower temperatures as a similar joining method. Major buyers of welding services include construction companies and manufacturing firms that require metal joining for structural components, equipment, and production processes.
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What’s included in this market coverage
IBISWorld's research coverage on the Welding Services procurement and pricing environment in the United States includes market dynamics, buyer power scores, supply chain vendors with pricing trends and forecasts.
About this Market
What’s this procurement report about?
This procurement coverage of the Welding Services market in the United States includes MIG Welding Services, TIG Welding Services, Stick Welding Services and Flux-Cored Welding Services. Standard coding in this coverage includes ISIC-4390-Other specialized construction activities, NACE-43.99-Other Specialised Construction Activities N.E.C., NAICS-238190-Other foundation, structure and building exterior contractors and UNSPSC-73181901-Arc welding services.
What common market terminology is included?
Common market terminology included in the Welding Services procurement coverage includes Weld procedure specification (WPS) (A weld procedure specification is a formal, qualified document that defines the essential variables for making a weld (process, joint design, filler, preheat, position, parameters) so that production welds consistently meet code and customer requirements.) and Deposition Rate (Deposition rate is the amount of weld metal deposited per unit of time, often expressed in pounds per hour, and is used by welding contractors to estimate productivity, compare processes, and price jobs competitively.).
What companies are included as top suppliers?
The top companies covered in the Welding Services procurement report as suppliers are TechPrecision Corporation, Marmen Inc., Mayville Engineering Company Inc., Modern Welding Company Inc. and Commercial Metals Company.
Opportunity Assessment
What’s included in the Opportunity Assessment chapter?
The Opportunity Assessment chapter provides a comprehensive market analysis of the Welding Services market in the United States category, including buyer power scoring, market pricing trends, vendor landscape, cost structure, and strategic negotiation levers.
The market pricing trends include the Market Price (2026) per hour, a five year price forecast and a supply chain risk score. Vendor coverage includes a market share and cost structure breakdown.
Analysis includes a comprehensive SWOT analysis of and recent developments impacting the Welding Services market environment.
Buyer Power Score
What’s included in the Buyer Power Score chapter?
The Buyer Power Score chapter assesses key components impacting Welding Services procurement including the recent price trend, forecast price trend, availability of substitutes, switching costs, product specialization, average vendor risk, market share concentration, supply chain risk, price driver volatility and recent price volatility.
These components generate a Buyer Power Score that ranges from -5 (strongly favoring sellers) to +5 (strongly favoring buyers) plus a recommended strategy for procurement specialists.
Price Environment
What’s included in the Price Environment chapter?
The Price Environment chapter covers detailed pricing analysis and datasets on Welding Services market environment. This includes insights into market pricing Market Price (2026), price forecasts, volatility, specialization, substitutes and switching costs.
Datasets in the Price Environment chapter include vendor cost structure, breakdowns of wage rates by geography and specialty, key external economic and labor drivers impacting the market and market pricing models.
Supply Chain & Vendors
What’s included in the Supply Chain & Vendors chapter?
The Supply Chain & Vendors chapter covers the concentration, risk and diversity of the Welding Services market. This includes datasets on the market’s top suppliers, detailed analysis on the key sourcing risks and supply chain dynamics, with environmental, social and governance (ESG) considerations and scores.
Business Requirements
What’s included in the Business Requirements chapter?
The Business Requirements chapter covers vendor relationships, qualifications, service level agreements and key performance indicators. These inputs provide insight into the planning process through the buying lead time, vendor relationship and vendor qualifications. The sourcing process include key RFP elements like an organizational overview, project budget, selection criteria, project schedule, proposal format, inventory control, cost containment, regulation, quality control, distribution and key contract clauses.
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Frequently Asked Questions
What is the current market price for Welding Services?
The 2026 benchmark market price for Welding Services is $95 per hour. Prices have increased at a CAGR of 1.31 from 2023-26.
Who are the top vendors in the Welding Services market?
The top vendors in the Welding Services market include TechPrecision Corporation, Marmen Inc., Mayville Engineering Company Inc., Modern Welding Company Inc. and Commercial Metals Company.
What industries supply the Welding Services market?
The top industries supplying the Welding Services market are Inorganic Chemical Manufacturing in the US, Nonferrous Metal Refining in the US, Metalworking Machinery Manufacturing in the US, Iron & Steel Manufacturing in the US, Nonferrous Metal Foundry Products Manufacturing in the US and Copper, Nickel, Lead & Zinc Mining in the US.
What is the supply chain risk for Welding Services?
Moderate supply chain risk driven by input and equipment dependencies. Welding service providers rely on inputs such as industrial gases, metals, and specialized equipment, all of which can experience price fluctuations and availability constraints. While not as exposed as manufacturing-heavy markets, these dependencies still introduce moderate supply chain risk. Buyers may face some variability in pricing and scheduling, so procurement teams should monitor input cost trends and prioritize vendors with stable supplier relationships.
What factors affect the price of Welding Services?
Geographic coverage affects pricing by reflecting regional demand differences, labor cost variations, and transportation expenses tied to welding services. For example, urban areas with strong construction and industrial activity often have higher prices due to elevated operating costs and tighter labor markets, while rural areas may offer lower pricing but face limited provider availability and longer lead times.
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