The global Friction Stir Welding (FSW) Machine market was valued at US$ 164.9 million in 2020 and it is expected to reach US$ 240.9 million by the end of 2027, growing at a CAGR of 5.5% during 2021-2027.
Friction stir welding (FSW) is a solid-state joining process that uses a non-consumable tool to join two facing workpieces without melting the workpiece material. Heat is generated by friction between the rotating tool and the workpiece material, which leads to a softened region near the FSW tool.
Global Friction Stir Welding (FSW) Machine key players include Nova-Tech Engineering, Grenzebach Maschinenbau GmbH, Beijing FSW, Sooncable and Aerospace Engineering Equipment etc. Global top 5 manufacturers hold a share about 40%. Europe is the largest market, with a share over 40%, followed by North America and China with share about 30% and 20%.
Global Friction Stir Welding (FSW) Machine Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Friction Stir Welding (FSW) Machine Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Grenzebach Maschinenbau GmbH, Nova-Tech Engineering, Beijing FSW, FOOKE GmbH, PaR Systems, General Tool Company, Sooncable, Aerospace Engineering Equipment, HAGE Sondermaschinenbau GmbH, Stirtec GmbH, Hitachi, PTG, BTI, Mazak, Jinfeng, Gatwick and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Desktop Equipment
- Gantry Equipment
Segment by Application
- Aerospace and Defence
- General Machine Manufacturing
Table of Content:
1 Friction Stir Welding (FSW) Machine Market Overview
2 Market Competition by Manufacturers
3 Production and Capacity by Region
4 Global Friction Stir Welding (FSW) Machine Consumption by Region
5 Production, Revenue, Price Trend by Type
6 Consumption Analysis by Application
7 Key Companies Profiled
8 Friction Stir Welding (FSW) Machine Manufacturing Cost Analysis
9 Marketing Channel, Distributors and Customers
10 Market Dynamics
11 Production and Supply Forecast
12 Consumption and Demand Forecast
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
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