According to the latest report by IMARC Group, titled “Friction Stir Welding Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global friction stir welding equipment market size reached US$ 198.5 Million in 2021. Friction stir welding (FSW) refers to an advanced solid-state joining procedure that combines two confronting workpieces without melting the material. The procedure involves the generation of frictional heat, which softens the area between the rotating device and workpiece material and mechanically intermixes the two metal workpieces. FSW is primarily used for structures that require high welding quality on account of its unique advantages, including cost-savings and weight reduction properties.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Friction Stir Welding Equipment Market Trends:
FSW equipment offers numerous advantages, including improved process robustness, limited impact on health and environment, and remarkable mechanical properties like high fatigue resistance and tensile strength. It also enables pore closure, resulting in a pore-free weld interface and refined microstructure, and making it highly suitable for welding preventive maintenance (PM) parts. Moreover, as FSW is a green technology, its application is expanding in different industries across the globe. For instance, it is employed in the automotive and aerospace industries on account of the increasing focus on reducing the weight of vehicles and aerospace components. The market is further driven by the utilization of FSW equipment to weld aluminum components in cars, such as driveshafts, rear axles and spoilers, bumper beans and crash boxes. Looking forward, IMARC Group expects the market to exhibit a CAGR of 6.59% during 2022-2027.
- Based on the equipment type, the market has been classified into mobile, fixed and other friction stir welding equipment.
- On the basis of the end use industry, the market has been categorized into automotive, aerospace, railway, shipbuilding and other industries.
- Region-wise, the market has been segregated into North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (the United Kingdom, Germany, France, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and Middle East and Africa.
- The competitive landscape of the market has been examined, 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. and Par Systems LLC (Pohlad Companies).
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800