The global friction stir welding equipment market reached a value of US$ 198.5 Million in 2021. Looking forward, the publisher expects the market to reach US$ 293.9 Million by 2027, exhibiting a CAGR of 6.59% during 2022-2027. Keeping in mind the uncertainties of COVID-19, they are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor
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
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
2. What are the key factors driving the global friction stir welding equipment market?
3. What has been the impact of COVID-19 on the global friction stir welding equipment market?
4. What is the breakup of the global friction stir welding equipment market based on the equipment type?
5. What is the breakup of the global friction stir welding equipment market based on the end use industry?
6. What are the key regions in the global friction stir welding equipment market?
7. Who are the key players/companies in the global friction stir welding equipment market?
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
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:
The publisher provides an analysis of the key trends in each sub-segment of the global friction stir welding equipment market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on equipment type and end-use industryBreakup by Equipment Type:
- 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:
- 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), etcKey Question Answered in this Report
1. What is the size of the global friction stir welding equipment market?2. What are the key factors driving the global friction stir welding equipment market?
3. What has been the impact of COVID-19 on the global friction stir welding equipment market?
4. What is the breakup of the global friction stir welding equipment market based on the equipment type?
5. What is the breakup of the global friction stir welding equipment market based on the end use industry?
6. What are the key regions in the global friction stir welding equipment market?
7. Who are the key players/companies in the global friction stir welding equipment market?
Table of Contents
1 Preface3 Executive Summary10 Value Chain Analysis12 Price Indicators
2 Scope and Methodology
4 Introduction
5 Global Friction Stir Welding Equipment Market
6 Market Breakup by Equipment Type
7 Market Breakup by End-Use Industry
8 Market Breakup by Region
9 SWOT Analysis
11 Porters Five Forces Analysis
13 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- 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)
Methodology
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