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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. Segment by Type, the Friction Stir Welding (FSW) Machine can be split into Gantry Equipment and Desktop Equipment. In 2019, about 70% of global Friction Stir Welding (FSW) Machine market was taken up by Desktop Equipment, which makes this segment the larger part of these two types. The Friction Stir Welding (FSW) Machine market can be sub-segmented into several major Application, like Aerospace and Defence Industry, Automotive, General Machine Manufacturing, etc. The largest segment is Automotive, with a market share of over 9% in 2019, while General Machine Manufacturing is listed below with over 8% of global Friction Stie Welding (FSW) Machine market. Several key manufacturers in global Friction Stir Welding (FSW) Machine market are Nova-Tech Engineering, ESAB, Grenzebach Maschinenbau GmbH, Beijing FSW, Sooncable and Aerospace Engineering Equipment etc. Market Analysis and Insights: Global Friction Stir Welding (FSW) Machine Market The global Friction Stir Welding (FSW) Machine market size is projected to reach US$ 230 million by 2026, from US$ 164.9 million in 2020, at a CAGR of 5.7% during 2021-2026.
Global Friction Stir Welding (FSW) Machine Scope and SegmentThe global Friction Stir Welding (FSW) Machine market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Friction Stir Welding (FSW) Machine market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2015-2026. The major regions covered in the report are North America, Europe, Asia-Pacific, South America, Middle East & Africa, etc. The report has specifically covered major countries including U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, UAE, etc. It includes revenue and volume analysis of each region and their respective countries for the forecast years. It also contains country-wise volume and revenue from the year 2015 to 2020. Additionally, it provides the reader with accurate data on volume sales according to the consumption for the same years.
By the product type, the market is primarily split into
- Desktop Equipment
- Gantry Equipment
By the end users/application, this report covers the following segments
- Aerospace and Defence
- General Machine Manufacturing
Competitive Landscape:The report provides a list of all the key players in the Friction Stir Welding (FSW) Machine market along with a detailed analysis of the strategies, which the companies are adopting. The strategies mainly include new product development, research, and development, and also provides revenue shares, company overview, and recent company developments to remain competitive in the market.
The Friction Stir Welding (FSW) Machine key manufacturers in this market include:
Table of Contents Chapter 1. Preface 1.1. Report Description 1.1.1. Objective 1.1.2. Target Audience 1.1.3. Unique Selling Proposition (USP) & Offerings 1.2. Research Scope 1.3. Research Methodology 1.3.1. Market Research Process 1.3.2. Market Research Methodology 1.3.3. Level 1: Primary Research 1.3.4. Level 2: Secondary Research 1.3.5. Level 3: Data Validation and Expert Panel Assessment Report Description and Scope Chapter 2. Executive Summary 2.1. Global Friction Stir Welding (FSW) Machine 2019-2029 (USD Billion) 2.2. Global Friction Stir Welding (FSW) Machine: Market Snapshot Chapter 3. Global Friction Stir Welding (FSW) Machine - Industry Analysis | read more...