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Friction Stir Welding Equipment Market Report by Equipment Type (Mobile Friction Stir Welding Equipment, Fixed Friction Stir Welding Equipment, and Others), End-Use Industry (Automotive Industry, Aerospace Industry, Railway Industry, Shipbuilding Industry, and Others), and Region 2024-2032
Report Format: PDF+Excel | Report ID: SR112024A2279
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Market Overview 2024-2032:
The global friction stir welding equipment market size reached US$ 227.3 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 374.3 Million by 2032, exhibiting a growth rate (CAGR) of 5.5% during 2024-2032.
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Report Attribute
|
Key Statistics
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|---|---|
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Base Year
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2023
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|
Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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US$ 227.3 Million |
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Market Forecast in 2032
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US$ 374.3 Million |
| Market Growth Rate (2024-2032) | 5.5% |
Friction stir welding (FSW) refers to a solid-state welding technique that assists in joining two workpieces without melting the material. It relies on a non-consumable tool that rotates and plunges into the interface of the workpiece and then moves through it by using frictional heat that softens the material. It forms a joint similar in appearance to other welding techniques without the requirement of flux, filler metal or shielding gas and thus offers the unique advantages of cost-savings and weight reduction.
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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Friction Stir Welding Equipment Market Trends:
The market is currently experiencing growth on account of various product advantages, including the limited impact on health and the environment, and improved process robustness and mechanical properties like tensile strength and fatigue resistance. Moreover, it does not need a protective atmosphere for utilization. It is also highly suitable for welding preventive maintenance (PM) parts as it enables pore closure, which leads to a pore-free weld interface and a refined microstructure. Apart from this, it is useful in breaking down the oxide layer deposited on the particles by intense deformation within the weld region. Furthermore, the application of FSW equipment is expanding across different industries. For instance, it is employed in the automotive sector on account of the escalating demand for aluminum-based chassis and the increasing focus on reducing the weight of vehicles. Aluminum components in a car, such as rear axles, driveshafts, bumper beams, rear spoilers, and crash boxes, can be welded using the FSW equipment. Besides this, it is utilized in the aerospace industry to reduce the weight of the aerospace components and overall fuel consumption.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global friction stir welding equipment market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on equipment type and end-use industry.
Breakup by Equipment Type:
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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- Mobile Friction Stir Welding Equipment
- Fixed Friction Stir Welding Equipment
- Others
Breakup by End-Use Industry:
- Automotive Industry
- Aerospace Industry
- Railway Industry
- Shipbuilding Industry
- Others
Breakup by Region:
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- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Beijing FSW Technology Co. Ltd., Colfax Corporation, Fooke GmbH, Gatwick Technologies Ltd., General Tool Company, Grenzebach Maschinenbau GmbH, Hitachi High-Tech Corporation, KUKA Systems GmbH (Midea Group Co. Ltd.), Manufacturing Technology Inc., Par Systems LLC (Pohlad Companies), etc.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Units | US$ Million |
| Segment Coverage | Equipment Type, End-Use Industry, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | Beijing FSW Technology Co. Ltd., Colfax Corporation, Fooke GmbH, Gatwick Technologies Ltd., General Tool Company, Grenzebach Maschinenbau GmbH, Hitachi High-Tech Corporation, KUKA Systems GmbH (Midea Group Co. Ltd.), Manufacturing Technology Inc., Par Systems LLC (Pohlad Companies), etc. |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 3899 Five User License: US$ 4899 Corporate License: US$ 5899 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The global friction stir welding equipment market was valued at US$ 227.3 Million in 2023.
The growing awareness towards numerous benefits associated with friction stir welding equipment pertaining to the limited impact on health and the environment, improved process robustness, high tensile strength, enhanced fatigue resistance, etc., is currently driving the global friction stir welding equipment market.
Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary shutdown of numerous manufacturing units and supply chain disruptions for friction stir welding equipment.
Based on the equipment type, the global friction stir welding equipment market has been segmented into mobile friction stir welding equipment, fixed friction stir welding equipment, and others. Currently, fixed friction stir welding equipment holds the majority of the total market share.
Based on the end-use industry, the global friction stir welding equipment market can be segregated into automotive industry, aerospace industry, railway industry, shipbuilding industry, and others. Among these, the automotive industry currently represents the largest segment.
On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa, where Asia Pacific currently dominates the global market.
Some of the major players in the global friction stir welding equipment market include Beijing FSW Technology Co. Ltd., Colfax Corporation, Fooke GmbH, Gatwick Technologies Ltd., General Tool Company, Grenzebach Maschinenbau GmbH, Hitachi High-Tech Corporation, KUKA Systems GmbH (Midea Group Co. Ltd.), Manufacturing Technology Inc., Par Systems LLC (Pohlad Companies), etc.
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