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.
In the coming years there is an increasing demand for friction stir welding equipment in the regions of North America and Europe that is expected to drive the market for more advanced friction stir welding equipment. Increasing of industiral used fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of friction stir welding equipment of APAC will drive growth of the market.
Globally, the friction stir welding equipment industry market is relatively concentrated as the manufacturing technology of friction stir welding equipment is high. And some enterprises, like ESAB, Grenzebach Maschinenbau GmbH and Nova-Tech Engineering etc. are well-known for the wonderful performance of their friction stir welding equipment and related services. At the same time, Europe, occupied 39.42% revenue market share in 2017, is remarkable in the global friction stir welding equipment industry because of their market share and technology status of friction stir welding equipment.
The consumption volume of friction stir welding equipment is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of friction stir welding equipment industry may not keep that fast. But it is surely forecasted that the market of friction stir welding equipment is still promising.
Market Analysis and Insights: Global Friction Stir Welding Equipment Market
The global Friction Stir Welding Equipment market was valued at US$ 244.1 in 2020 and will reach US$ 366.3 million by the end of 2027, growing at a CAGR of 7.0% during 2022-2027.
Global Friction Stir Welding Equipment Scope and Market Size
The global Friction Stir Welding Equipment market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Friction Stir Welding Equipment market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Desktop Equipment
Gantry Equipment
Others
Segment by Application
Aerospace
Automotive
Shipbuilding
Railways
Others
The Friction Stir Welding Equipment market is analysed and market size information is provided by regions (countries). Segment by Application, the Friction Stir Welding Equipment market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
ESAB
Grenzebach Maschinenbau GmbH
Nova-Tech Engineering
Beijing FSW
FOOKE GmbH
PaR Systems
Nitto Seiki
General Tool
Sooncable
Gatwick
Stirtec Gmbh
Hitachi
PTG
BTI
Valmet
Ekato
Xi'an Yonghua
Fluiten
James Walker
Huayang Seals
Huhnseal AB
In the coming years there is an increasing demand for friction stir welding equipment in the regions of North America and Europe that is expected to drive the market for more advanced friction stir welding equipment. Increasing of industiral used fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of friction stir welding equipment of APAC will drive growth of the market.
Globally, the friction stir welding equipment industry market is relatively concentrated as the manufacturing technology of friction stir welding equipment is high. And some enterprises, like ESAB, Grenzebach Maschinenbau GmbH and Nova-Tech Engineering etc. are well-known for the wonderful performance of their friction stir welding equipment and related services. At the same time, Europe, occupied 39.42% revenue market share in 2017, is remarkable in the global friction stir welding equipment industry because of their market share and technology status of friction stir welding equipment.
The consumption volume of friction stir welding equipment is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of friction stir welding equipment industry may not keep that fast. But it is surely forecasted that the market of friction stir welding equipment is still promising.
Market Analysis and Insights: Global Friction Stir Welding Equipment Market
The global Friction Stir Welding Equipment market was valued at US$ 244.1 in 2020 and will reach US$ 366.3 million by the end of 2027, growing at a CAGR of 7.0% during 2022-2027.
Global Friction Stir Welding Equipment Scope and Market Size
The global Friction Stir Welding Equipment market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Friction Stir Welding Equipment market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Desktop Equipment
Gantry Equipment
Others
Segment by Application
Aerospace
Automotive
Shipbuilding
Railways
Others
The Friction Stir Welding Equipment market is analysed and market size information is provided by regions (countries). Segment by Application, the Friction Stir Welding Equipment market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
ESAB
Grenzebach Maschinenbau GmbH
Nova-Tech Engineering
Beijing FSW
FOOKE GmbH
PaR Systems
Nitto Seiki
General Tool
Sooncable
Gatwick
Stirtec Gmbh
Hitachi
PTG
BTI
Valmet
Ekato
Xi'an Yonghua
Fluiten
James Walker
Huayang Seals
Huhnseal AB
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