Global Friction Stir Welding (FSW) Machine Market Growth 2023-2029
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.
LPI (LP Information)' newest research report, the “Friction Stir Welding (FSW) Machine Industry Forecast” looks at past sales and reviews total world Friction Stir Welding (FSW) Machine sales in 2022, providing a comprehensive analysis by region and market sector of projected Friction Stir Welding (FSW) Machine sales for 2023 through 2029. With Friction Stir Welding (FSW) Machine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Friction Stir Welding (FSW) Machine industry.
This Insight Report provides a comprehensive analysis of the global Friction Stir Welding (FSW) Machine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Friction Stir Welding (FSW) Machine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Friction Stir Welding (FSW) Machine market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Friction Stir Welding (FSW) Machine and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Friction Stir Welding (FSW) Machine.
The global Friction Stir Welding (FSW) Machine market size is projected to grow from US$ 179.3 million in 2022 to US$ 245.7 million in 2029; it is expected to grow at a CAGR of 245.7 from 2023 to 2029.
Global key manufactuers of friction stir welding (FSW) machine include Grenzebach Maschinenbau GmbH, Nova-Tech Engineering, Beijing FSW, FOOKE GmbH, PaR Systems, etc. The top five players hold a share around 43%. Europe is the largest market, has a share about 35%, followed by Asia-Pacific and North America, with share 31% and 27%, separately.
This report presents a comprehensive overview, market shares, and growth opportunities of Friction Stir Welding (FSW) Machine market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Desktop Equipment
Gantry Equipment
Segmentation by application
Aerospace and Defence Industry
Automotive
Shipbuilding
General Machine Manufacturing
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Grenzebach Maschinenbau GmbH
Nova-Tech Engineering
Beijing FSW
FOOKE GmbH
PaR Systems
Aerospace Engineering Equipment
PTG
General Tool Company
Sooncable
HAGE Sondermaschinenbau GmbH
Stirtec GmbH
Hitachi
BTI
Mazak
Jinfeng
Key Questions Addressed in this Report
What is the 10-year outlook for the global Friction Stir Welding (FSW) Machine market?
What factors are driving Friction Stir Welding (FSW) Machine market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Friction Stir Welding (FSW) Machine market opportunities vary by end market size?
How does Friction Stir Welding (FSW) Machine break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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