Global Friction Welding Machine Market Growth 2023-2029

Global Friction Welding Machine Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Friction Welding Machine Industry Forecast” looks at past sales and reviews total world Friction Welding Machine sales in 2022, providing a comprehensive analysis by region and market sector of projected Friction Welding Machine sales for 2023 through 2029. With Friction Welding Machine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Friction Welding Machine industry.

This Insight Report provides a comprehensive analysis of the global Friction Welding 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 Welding Machine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Friction Welding Machine market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Friction Welding 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 Welding Machine.

The global Friction Welding Machine market size is projected to grow from US$ 513.1 million in 2022 to US$ 649.9 million in 2029; it is expected to grow at a CAGR of 649.9 from 2023 to 2029.

Global main manufacturers of friction welding machine include KUKA, Izumi Machine and Branson (Emerson), etc. The top three players hold a share about 30%. Europe is the largest producer of friction welding machine, holds a share around 31%, followed by China and North America, with share 25% and 20%, separately. The largest market is Europe, holds a share about 34%, followed by North America and China, with around 26% and 18% market share respectively.

This report presents a comprehensive overview, market shares, and growth opportunities of Friction Welding Machine market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Linear Friction Welding

Rotary Friction Welding

Stir Friction Welding

Segmentation by application

Aerospace and Defence

Automotive

Shipbuilding

General Machine Manufacturing

Others

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.

KUKA

Izumi Machine

Branson (Emerson)

MTI

Grenzebach Maschinenbau GmbH

Nova-Tech Engineering

Bielomatik

FOOKE GmbH

PaR Systems

Aerospace Engineering Equipment

Crest Group

Beijing FSW

Changchun CNC Machine

General Tool Company

Sooncable

Dukane

ETA

Jiangsu Ruicheng Machinery

Guangzhou Risong

Sakae Industries

U-Jin Tech

Nitto Seiki

Gatwick

Keber

Key Questions Addressed in this Report

What is the 10-year outlook for the global Friction Welding Machine market?

What factors are driving Friction Welding Machine market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Friction Welding Machine market opportunities vary by end market size?

How does Friction Welding 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.