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

Global Friction Stir Welding FSW Machine 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.

Segment by Type, the Friction Stir Welding (FSW) Machine can be split into Gantry Equipment and Desktop Equipment. In 2019, about 70% of global Friction Stir Welding (FSW) Machine market was taken up by Desktop Equipment, which makes this segment the larger part of these two types.

The Friction Stir Welding (FSW) Machine market can be sub-segmented into several major Application, like Aerospace and Defence Industry, Automotive, General Machine Manufacturing, etc. The largest segment is Automotive, with a market share of over 9% in 2019, while General Machine Manufacturing is listed below with over 8% of global Friction Stie Welding (FSW) Machine market.

Several key manufacturers in global Friction Stir Welding (FSW) Machine market are Nova-Tech Engineering, Grenzebach Maschinenbau GmbH, Beijing FSW, Sooncable and Aerospace Engineering Equipment etc.

The Global Friction Stir Welding FSW Machine Market Size was estimated at USD 164.90 million in 2022 and is projected to reach USD 243.08 million by 2029, exhibiting a CAGR of 5.70% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Friction Stir Welding FSW Machine 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 FSW Machine 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 FSW Machine market in any manner.

Global Friction Stir Welding FSW Machine 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)

, the Friction Stir Welding (FSW) Machine can be split into Gantry Equipment and Desktop Equipment. In 2019, about 70% of global Friction Stir Welding (FSW) Machine market was taken up by Desktop Equipment, which makes this segment the larger part of these two types.

The Friction Stir Welding (FSW) Machine market can be sub-segmented into several major Application, like Aerospace and Defence Industry, Automotive, General Machine Manufacturing, etc. The largest segment is Automotive, with a market share of over 9% in 2019, while General Machine Manufacturing is listed below with over 8% of global Friction Stie Welding (FSW) Machine market.

Several key manufacturers in global Friction Stir Welding (FSW) Machine market are Nova-Tech Engineering, Grenzebach Maschinenbau GmbH, Beijing FSW, Sooncable and Aerospace Engineering Equipment etc.

Industry Insights

A report titled, “Global Friction Stir Welding (FSW) Machine Market Outlook 2022” has been recently published by QY Research. The dedicated analysts and researchers have carried out deep-seated research to put forth the present and future scenario of the Friction Stir Welding (FSW) Machine market. They have provided an in-depth review with accuracy and reliability to give the readers an overall picture.

The global Friction Stir Welding (FSW) Machine market size is projected to reach US$ 243.1 million by 2027, from US$ 164.9 million in 2020, at a CAGR of 5.7% during 2021-2027.

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Post-covid-19 Outlook

The readers in the section will understand how the Friction Stir Welding (FSW) Machine market scenario changed across the globe during the pandemic and post-pandemic. The study is done keeping in view the changes in aspects such as production, demand, consumption, supply chain. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.

Segmental Outlook

Key segments including type, and application have been elaborated in this report. The consultants at QY Research have studied every segment and provided the market size using historical data. They have also talked about the growth opportunities that the segment may pose in the future. This study bestows production and revenue data by type, and application during the historical period (2016-2021) and forecast period (2022-2027).

Segment by Type

Desktop Equipment

Gantry Equipment

Market Segmentation (by Application)

Agriculture

Forestry

Others

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 FSW Machine Market

Overview of the regional outlook of the Friction Stir Welding FSW Machine 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