How can i download a sample?

Friction Stir Welding Equipment Market Size & Analysis, 2017-2027

Market Overview

The global friction stir welding equipment market is expected to reach a substantially large market size in 2027 and register a high CAGR over the forecast period. Industry analysis indicates that rising demand for friction stir welding equipment in various end-use industries is driven by changing market trends, which are expected to support industry growth as well as market growth over the forecast period.

friction-stir-welding-equipment-market-snapshot

Welding is a process in which two metals are joined together through melting. Friction stir welding (FSW) is a solid-state welding process, wherein the metals are not melted. The process uses friction to heat the metal to just below its melting point, due to pressure caused by solid-state fusion. The friction stir welding equipment rotates at a high speed, which generates heat that causes the metals to fuse into each other. To carry out this process, skilled workforce is required. This welding technique is eco-friendly, energy-efficient, and versatile. Friction stir welding is capable of joining dissimilar Aluminum Alloys, Titanium alloys, mild Steel, copper alloys, Stainless Steel, and Magnesium Alloys.

Global Friction Stir Welding Equipment Market: Dynamics

Friction stir welding equipment are extensively used in the automotive industry for the aluminum welding process. This process imparts mechanical features to end-products such as strength, obstruction to weariness, and rigidity. This factor is expected to drive the friction stir welding equipment market growth over the forecast period. Use of friction stir welding equipment provides operating cost advantages, low impact on the environment, and limited impact on health. This drives use of friction stir welding equipment in several metal-processing applications.

Friction stir welding is an energy-efficient and eco-friendly technology, with no molten material or fumes involved in this process. It supports a wide range of thickness and it is useful in various end-use industries such as automotive, shipbuilding, aerospace, and railways. Being a solid-state process, friction stir welding eliminates numerous defects associated with the conventional fusion welding techniques, such as shrinkage, cracking, solidification, and porosity. This factor is expected to drive market growth in the next few years.

However, lack of skilled and qualified workforce is expected to hinder growth of the global friction stir welding equipment market over the forecast period.

Global Friction Stir Welding Equipment Market: Regional Outlook

Based on region, the global friction stir welding equipment market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Revenues from the friction stir welding equipment market in North America are expected to grow at a significantly high rate over the forecast period, due to increasing demand for friction stir welding equipment from the electronics sector, advancements in technology, and launch of innovative equipment in the region. Revenues from the Asia Pacific friction stir welding equipment market are also expected to increase at a high pace over the forecast period, due to growth of aerospace, railways, and automotive industries in the region.

friction-stir-welding-equipment-market-snapshot

Global Friction Stir Welding Equipment Market: Competitive Landscape

The report contains analysis of recent developments and trends in the global friction stir welding equipment market and strategies adopted by key players operating in the market. This also includes collaborations, business contracts, mergers and acquisitions, and joint ventures.

Some of the prominent players operating in the global friction stir welding equipment market are:

Yamazaki Mazak Corp.
FOOKE GmbH
Gatwick Technologies Ltd.
HFW Solutions LLC
Concurrent Technologies Corp.
PaR Systems LLC
Hitachi High-Technologies Corp.
Manufacturing Technology, Inc.
Norsk Hydro ASA
Midea Group (KUKA AG)

friction-stir-welding-equipment-market-snapshot

Regions Covered:

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

Global Friction Stir Welding Equipment Market: Report Highlights

Detailed overview of the friction stir welding equipment market
Changing dynamics of the friction stir welding equipment market
Friction stir welding equipment market segmentation
Regional landscape of the friction stir welding equipment market
Evaluation of the friction stir welding equipment market based on the present and past data collected
Historical, present, and projected friction stir welding equipment market in terms of volume and value
Recent trends and developments in the friction stir welding equipment market
Competitive landscape
Strategies adopted by key players and products offered by them

Global Friction Stir Welding Equipment Market: Segmentation

The report consists of forecasts for the friction stir welding equipment market at the global, regional, and country levels. The report contains analysis of market trends in each segment for the period from 2020 to 2027. For this study, Reports and Data has segmented the global friction stir welding equipment market based on type and end-use industry as follows.