In recent decades, Additive Manufacturing (AM) has become a viable alternative to the manufacture of metal parts. Wire arc additive manufacturing (WAAM), a welding-based AM technique is an important research area since it permits the economical manufacture of large-scale parts with relatively high deposition rates. This article compares the effect of heat input on mechanical properties of carbon steel cylindrical components fabricated by Gas Metal Arc Welding (GMAW) and Cold Metal Transferred Arc Welding (CMTAW) processes. Firstly, the influence of heat input on the grain size was analysed. Subsequently, the effect of heat input on the tensile properties, impact toughness and hardness of the cylindrical components were studied along the building direction. The cylindrical component made by CMTAW process showed superior tensile properties and higher impact toughness than GMAW component. Similarly, CMTAW component exhibited higher hardness than GMAW cylindrical component. The variations in mechanical properties are mainly due to the appreciable variations that have occurred in the microstructural features and different grain sizes evolved at different heat input levels. The bottom and top regions of the fractured tensile and impact specimens of the components are characterised by dimple structures revealing the ductile fracture.