Global Rotary Friction Welding Market Growth 2023-2029

Global Rotary Friction Welding Market Growth 2023-2029

Rotary Friction Welding: a solid-state process in which one part is rotated at a high speed, and then pressed against another part that is held stationary. The resulting friction heats the parts, causing them to forge together.

Rotary Friction Welding — most popular type of friction welding and used for parts where at least one piece is rotationally-symmetrical such as tube or bar.
LPI (LP Information)' newest research report, the “Rotary Friction Welding Industry Forecast” looks at past sales and reviews total world Rotary Friction Welding sales in 2022, providing a comprehensive analysis by region and market sector of projected Rotary Friction Welding sales for 2023 through 2029. With Rotary Friction Welding sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Rotary Friction Welding industry.
This Insight Report provides a comprehensive analysis of the global Rotary Friction Welding 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 Rotary Friction Welding portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Rotary Friction Welding market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Rotary Friction Welding 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 Rotary Friction Welding.
The global Rotary Friction Welding market size is projected to grow from US$ 198.6 million in 2022 to US$ 251.3 million in 2029; it is expected to grow at a CAGR of 251.3 from 2023 to 2029.
Global Rotary Friction Welding key players include Thompson(KUKA), MTI, NITTO SEIKI, H&B OMEGA Europa, etc. Global top four manufacturers hold a share about 65%.
Europe is the largest market, with a share over 45%, followed by North America and Japan, both have a share about 40 percent.
In terms of product, Direct Drive Friction Welding is the largest segment, with a share about 75%. And in terms of application, the largest application is Automotive Manufacturing, followed by Tool & Machine Manufacturing, Aviation & Shipbuilding, Cutting Tools, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Rotary Friction Welding market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Inertia Rotary Friction Welding
Direct Drive Rotary Friction Welding
Hybrid Rotary Friction Welding
Segmentation by application
Automotive Manufacturing
Cutting Tool Manufacturing
Aviation & Shipbuilding
Machine Components
Hydraulic/Pneumatic Parts
Electric and Wiring Parts
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.
Thompsom(KUKA)
MTI
H&B OMEGA Europa
Nitto Seiki
Izumi Machine
ETA
U-Jin Tech
Sakae Industries
Gatwick
YUAN YU
An Gen Machine
Jiangsu RCM Co.
Key Questions Addressed in this Report
What is the 10-year outlook for the global Rotary Friction Welding market?
What factors are driving Rotary Friction Welding market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Rotary Friction Welding market opportunities vary by end market size?
How does Rotary Friction Welding 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.