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Global Friction Stir Welding Equipment Market Report, History and Forecast 2014-2025, Breakdown Data by Manufacturers, Key Regions, Types and Application

Published Date: 2019-04-13   |   Pages: 147   |   Tables: 180   | Report Id: 1086332   | Hits: 48 |   Machinery & Equipment

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Summary

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. While the tool is traversed along the joint line, it mechanically intermixes the two pieces of metal, and forges the hot and softened metal by the mechanical pressure, which is applied by the tool, much like joining clay, or dough. It is primarily used on wrought or extruded aluminium and particularly for structures which need very high weld strength.

In the coming years there is an increasing demand for friction stir welding equipment in the regions of North America and Europe that is expected to drive the market for more advanced friction stir welding equipment. Increasing of industiral used fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of friction stir welding equipment of APAC will drive growth of the market.

Globally, the friction stir welding equipment industry market is relatively concentrated as the manufacturing technology of friction stir welding equipment is high. And some enterprises, like ESAB, Grenzebach Maschinenbau GmbH and Nova-Tech Engineering etc. are well-known for the wonderful performance of their friction stir welding equipment and related services. At the same time, Europe, occupied 39.42% revenue market share in 2017, is remarkable in the global friction stir welding equipment industry because of their market share and technology status of friction stir welding equipment.

The consumption volume of friction stir welding equipment is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of friction stir welding equipment industry may not keep that fast. But it is surely forecasted that the market of friction stir welding equipment is still promising.

The global Friction Stir Welding Equipment market was 180 million US$ in 2018 and is expected to 320 million US$ by the end of 2025, growing at a CAGR of 7.0% between 2019 and 2025.

This report studies the Friction Stir Welding Equipment market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Friction Stir Welding Equipment in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

ESAB

Grenzebach Maschinenbau GmbH

Nova-Tech Engineering

Beijing FSW

FOOKE GmbH

PaR Systems

Nitto Seiki

General Tool Company

Sooncable

Gatwick

Stirtec Gmbh

Hitachi

PTG

BTI

Valmet

Ekato

Xi'an Yonghua

Fluiten

James Walker

Huayang Seals

Huhnseal AB

By the product type, the market is primarily split into

Desktop Equipment

Gantry Equipment

Others

By the end users/application, this report covers the following segments

Aerospace

Automotive

Shipbuilding

Railways

Others

We can also provide the customized separate regional or country-level reports, for the following regions:

North America

United States

Canada

Mexico

Asia-Pacific

China

India

Japan

South Korea

Australia

Indonesia

Singapore

Malaysia

Philippines

Thailand

Vietnam

Rest of Asia-Pacific

Europe

Germany

France

UK

Italy

Spain

Russia

Rest of Europe

Central & South America

Brazil

Rest of Central & South America

Middle East & Africa

GCC Countries

Turkey

Egypt

South Africa

Rest of Middle East & Africa

The study objectives of this report are:

To study and analyze the global Friction Stir Welding Equipment market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.

To understand the structure of Friction Stir Welding Equipment market by identifying its various subsegments.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

Focuses on the key global Friction Stir Welding Equipment manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the Friction Stir Welding Equipment with respect to individual growth trends, future prospects, and their contribution to the total market.

To project the value and volume of Friction Stir Welding Equipment submarkets, with respect to key regions (along with their respective key countries).

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

In this study, the years considered to estimate the market size of Friction Stir Welding Equipment are as follows:

History Year: 2014-2018

Base Year: 2018

Estimated Year: 2019

Forecast Year 2019 to 2025

This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Friction Stir Welding Equipment market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Key Stakeholders

Raw material suppliers

Distributors/traders/wholesalers/suppliers

Regulatory bodies, including government agencies and NGO

Commercial research & development (R&D) institutions

Importers and exporters

Government organizations, research organizations, and consulting firms

Trade associations and industry bodies

End-use industries

Available Customizations

With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:

Further breakdown of Friction Stir Welding Equipment market on basis of the key contributing countries.

Detailed analysis and profiling of additional market players.

Licenses Type

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Multiple users can access the report

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