Global Friction Stir Welding Equipment Market Research Report 2023(Status and Outlook)

Global Friction Stir Welding Equipment Market Research Report 2023(Status and Outlook)

Report Overview

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.

The Global Friction Stir Welding Equipment Market Size was estimated at USD 262.60 million in 2022 and is projected to reach USD 421.68 million by 2029, exhibiting a CAGR of 7.00% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Friction Stir Welding Equipment market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Friction Stir Welding Equipment Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Friction Stir Welding Equipment market in any manner.

Global Friction Stir Welding Equipment Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

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 Segmentation (by Type)

Desktop Equipment

Gantry Equipment

Others

Market Segmentation (by Application)

Material Handling

Medical

Other Industrial Applications

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Friction Stir Welding Equipment Market

Overview of the regional outlook of the Friction Stir Welding Equipment Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors