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Global Friction Stir Welding Market – Industry Analysis And Forecast (2019-2026)
Global Friction Stir Welding Market is projected to reach USD 885.55 Million by 2026 from USD XX Million in 2019, exhibiting a CAGR of XX % during 2019-2026.
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. The advancement of this process was a significant change from the conventional rotary motion and linear reciprocating friction welding processes.
The trend toward the rising acceptance of automation in the welding process has been in the picture for several years. Increased implementation of lean initiatives supports the rising popularity as these companies are looking for ways to reduce bottlenecks in their welding operation, enhance overall workflow, and offer reliable and efficient welding operations. Welding equipment end-user companies are motivated toward the development of this new technology as they try to find competitive advantages. Global Friction Stir Welding Market is a unique and innovative technique of joining two metals. According to the report, the increasing popularity of friction ...
... stir welding technology in the automotive sector will be the main driver for Global Friction Stir Welding Market growth.
Global Friction Stir Welding Market was headed by the Asia-Pacific (APAC) region, accounting above 42% of the global FSW market revenue. Asia-Pacific region is home to the enormous manufacturing industry. The positive position of the manufacturing industry, especially in China and India is expected to have a positive impact on the overall Global Friction Stir Welding Market demand in the region.
The objective of the report is to present comprehensive Global Friction Stir Welding Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.
The report also helps in understanding Global Friction Stir Welding Market North America for Asia Pacific dynamics, structure by analyzing the market segments, and project the Global Friction Stir Welding Market North America for Asia Pacific size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Friction Stir Welding Market North America for Asia Pacific make the report investor’s guide.
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Key Highlights:
• Key players in friction steer welding
• Techniques used in FSW
• Heat affected zone created by FSW
• Types materials can be welded by FSW
Key Players Analysed in the Global Friction Stir Welding Market:
• Beijing FSW Technology Co, Ltd.
• Hitachi High-Technologies Corporation
• The ESAB Group, Inc.
• Manufacturing Technology Inc.
• KUKA Systems GmbH
• MegaStir
• Gatwick Technologies
• ETA Technology Pvt. Ltd.
• Grenzebach Maschinenbau GmbH
• EWI
• FOOKE GmbH
• General Tool Company
• PaR Systems
• RV Machine Tools
• SAPA Group
The scope of the Global Friction Stir Welding Market:
Global Friction Stir Welding Market, By Welding Zones
• Stir zone
• Flow arm zone
• Thermo-mechanically affected zone
• Heat-affected zone
Global Friction Stir Welding Market, By Equipment Type
• Fixed Friction Stir Welding
• Adjustable Friction Stir Welding
• Self-reacting Friction Stir Welding
Global Friction Stir Welding Market, By Material
• Aluminium
• Magnesium
• Copper and copper alloys
• Hafnium and zirconium
• Inconel and super alloys
• Steel and ferrous alloys
• Titanium
• Dissimilar materials
Global Friction Stir Welding Market, By Application:
• Shipbuilding and Offshore
• Automotive
• Aerospace
• Fabrication
• Railways
• Others
Global Friction Stir Welding Market, By Region
• North-America
• Europe
• Latin America
• Middle East
• Asia Pacific
This Report Is Submitted By : Maximize Market Research Company
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