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

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

Report Overview

Friction Welding Machine is a type of machine which uses friction welding technology to work. Traditionally, friction welding is carried out by moving one component relative to the other along a common interface, while applying a compressive force across the joint. The friction heating generated at the interface softens both components, and when they become plasticised the interface material is extruded out of the edges of the joint so that clean material from each component is left along the original interface. The relative motion is then stopped, and a higher final compressive force may be applied before the joint is allowed to cool. The key to friction welding is that no molten material is generated, the weld being formed in the solid state.

In the coming years there is an increasing demand for friction welding machine in the regions of Germany, USA, China and Japan that is expected to drive the market for more friction welding machine. Increasing of welding equipment expenditures, more-intense competition, launches in introducing new products, increasing of spending on automotive and general machine industry, retrofitting and renovation of old technology, increasing adoption of friction welding machine will drive growth in global market.

For the major players of friction welding machine, KUKA maintained its first place in the ranking in 2019, followed by Branson (Emerson) and Shenzhen Izumi Machine. The Top 5 players accounted for 43% of the Global friction welding machine revenue market share in 2019.

North America has the largest market share of friction welding machine, with 33% in 2019. It is followed by Europe and Asia Pacific.

The Global Friction Welding Machine Market Size was estimated at USD 554.70 million in 2022 and is projected to reach USD 759.94 million by 2029, exhibiting a CAGR of 4.60% during the forecast period.

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

Global Friction Welding 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

KUKA

Branson (Emerson)

Izumi Machine

ESAB

MTI

Grenzebach Maschinenbau GmbH

Nova-Tech Engineering

Bielomatik

Beijing FSW

FOOKE GmbH

PaR Systems

Crest Group

General Tool Company

Aerospace Engineering Equipment

Dukane

ETA

Sooncable

Sakae Industries

U-Jin Tech

Nitto Seiki

Changchun CNC Machine

Gatwick

Keber

Market Segmentation (by Type)

Rotary Friction Welding Machine

Linear Friction Welding Machine

Friction Stir Welding Machine

Market Segmentation (by Application)

Critical Infrastructure

Customs & Border Protection

Event Security

Law Enforcements

Ports

Event Security

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 Welding Machine Market

Overview of the regional outlook of the Friction Welding 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