Global friction stir welding equipment market demand will grow at an average growth rate of approximately 7.12% over the next five years

Author: QYResearch  |   Published Date: 2018-03-21   |   Views: 263

Publisher: QYResearch

Published Date: 2018-03-21


First, the Friction Stir Welding Equipment industry concentration is high. Europe is the biggest consumer of Friction Stir Welding Equipment. There are only a small number of manufacturers in the world because of technology barrier, and high-end products mainly come from USA and European.

In the world wide, giant manufactures mainly distribute in Europe and America. American and Europe has a long history and unshakable status in this industry, like ESAB and PaR Systems. They have perfect products.

Second, the global Friction Stir Welding Equipment sales volume will increase to 166 units in 2017, from 154 units in 2016, it is estimated that the global Friction Stir Welding Equipment demand will develop with an average growth rate of about 7.12% in the coming five years. All manufactures in the world are committed to the improvement of product. So the sales volume of Friction Stir Welding Equipment will increase quickly, and will attend 234 units in 2022.

Third, the products are mainly used in the Aerospace, Automotive, Shipbuilding and Railways industry, the market share are 24.68%, 25.97%, 13.64% and 18.83%.We predict that Automotive industry will be the important market in the future.

Fourth, we tend to believe it is has great potential in the market, and the consumption increasing degree will show a sharp curve. On product prices, the slow downward trend in recent years will maintain in the future, as competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin. What’s more, the share of Chinese country will increase.

The Global Friction Stir Welding Equipment Sales Market Report 2017 report released by QYResearch provides a basic overview of the Friction Stir Welding Equipment industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.

The report then focuses on major industry players in China, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Friction Stir Welding Equipment industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.

Click to view the full report:http://www.qyresearchglobal.com/goods-915080.html
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