Friction stir welding ( FSW ) is a solid-state joining process that uses a non-consumable tool to join two facing workpieces without melting the workpiece material. Heat is generated by friction between the rotating tool and the workpiece material, which leads to a softened region near the FSW tool. While the tool is traversed along the joint line, it mechanically intermixes the two pieces of metal, and forges the hot and softened metal by the mechanical pressure, which is applied by the tool, much like joining clay, or dough. It is primarily used on wrought or extruded aluminium and particularly for structures which need very high weld strength.
LPI (LP Information)’ newest research report, the “Friction Stir Welding Equipment Industry Forecast” looks at past sales and reviews total world Friction Stir Welding Equipment sales in 2022, providing a comprehensive analysis by region and market sector of projected Friction Stir Welding Equipment sales for 2023 through 2029. With Friction Stir Welding Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Friction Stir Welding Equipment industry.
This Insight Report provides a comprehensive analysis of the global Friction Stir Welding Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Friction Stir Welding Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Friction Stir Welding Equipment market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Friction Stir Welding Equipment and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Friction Stir Welding Equipment.
The global Friction Stir Welding Equipment market size is projected to grow from US$ 238.8 million in 2022 to US$ 390.1 million in 2029; it is expected to grow at a CAGR of 390.1 from 2023 to 2029.
Global Friction Stir Welding Equipment key players include Grenzebach Maschinenbau GmbH, Nova-Tech Engineering, Beijing FSW, FOOKE GmbH etc. Global top five manufacturers hold a share over 60%. Europe is the largest market, with a share over 30%, followed by North America and Asia-Pacific, both have a share over 40% percent.
In terms of product, Desktop Equipment is the largest segment, with a share over 50%. And in terms of application, the largest application is Automotive, followed by Aerospace and Railways.
This report presents a comprehensive overview, market shares, and growth opportunities of Friction Stir Welding Equipment market by product type, application, key manufacturers and key regions and countries.
Top Manufactures in Global Friction Stir Welding Equipment Includes:
Grenzebach Maschinenbau GmbH
Nova-Tech Engineering
Beijing FSW
FOOKE GmbH
PaR Systems
General Tool Company
Sooncable
Aerospace Engineering Equipment
HAGE Sondermaschinenbau GmbH
Stirtec GmbH
Hitachi
PTG
BTI
Mazak
Jinfeng
Gatwick
Market Segment by Type, covers:
Desktop Equipment
Gantry Equipment
Others
Market Segment by Applications, can be divided into:
Aerospace
Automotive
Shipbuilding
Railways
Others
Key Questions Addressed in this Report
What is the 10-year outlook for the global Friction Stir Welding Equipment market?
What factors are driving Friction Stir Welding Equipment market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Friction Stir Welding Equipment market opportunities vary by end market size?
How does Friction Stir Welding Equipment break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
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