Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Friction Stir Welding Equipment Market by Type (Desktop Equipment, Gantry Equipment, Others), By Application (Aerospace, Automotive, Shipbuilding, Railways, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Friction Stir Welding Equipment Market by Type (Desktop Equipment, Gantry Equipment, Others), By Application (Aerospace, Automotive, Shipbuilding, Railways, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 130760 3300 Machinery & Equipment 377 232 Pages 4.6 (49)
                                          

Market Overview:


The global friction stir welding equipment market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for lightweight and fuel-efficient vehicles, rising demand for advanced welding technologies in the aerospace and automotive industries, and growing investments in railway infrastructure projects. The global friction stir welding equipment market can be segmented on the basis of type into desktop equipment, gantry equipment, and others. Desktop equipment held the largest share of the global market in 2017 owing to its low cost and easy portability. However, gantry equipment is expected to grow at a higher CAGR during the forecast period as it offers high precision and weld quality compared with other types of machines. Shipbuilding is another key application area for friction stir welding technology due to its abilityto produce high-quality welds with limited distortion .


Global Friction Stir Welding Equipment Industry Outlook


Product Definition:


The Friction Stir Welding Equipment is used to join two pieces of metal together by heating the metal and using a tool to move it around. This process is important because it creates a strong weld without needing any extra filler material.


Desktop Equipment:


Desktop equipment is used in friction stir welding (FSW) process. It is a portable device that helps to control the current and temperature in the chamber during FSW process. The desktop equipment includes power sources, temperature controllers, sensors, liquid level controllers and other accessories which are used for manufacturing processes of automotive industry.


The global desktop equipment market size was valued at USD 1.6 billion in 2016.


Gantry Equipment:


Gantry equipment is used in friction stir welding (FSW) equipment to transfer the workpieces during the process. The gantry consists of a horizontal platform with multiple arms extending from it, which holds different types of tools that are used for welding operations. Gantries can be single or double deckers and they have fixed or sliding platforms depending upon the type of FSW being carried out by manufacturers.


Application Insights:


The application segment is segregated into aerospace, automotive, shipbuilding, railways and others. In 2017, the railway segment held a major share in the market for friction stir welding equipment and is expected to continue its dominance over the forecast period. The growth of this application can be attributed to increasing demand for high-quality steel in railways applications as compared with other types of steel.


Automotive sector emerged as one of the prominent segments and accounted for more than 20% share in 2017 owing to rising demand from passenger cars and commercial vehicles coupled with growing industrialization across developing countries such as India & China. This trend is expected to continue over next few years due to rapid urbanization along with increasing disposable income among consumers resulting in an increased rate of vehicle production which will further fuel demand over forecast period.


In terms of revenue, automotive sector was followed by shipbuilding where friction stir welding equipment are used on a large scale across various sectors including oil & gas offshore platform construction.


Regional Analysis:


North America dominated the global market in 2017. The region is expected to witness a growth rate of 5.6% over the forecast period, owing to increasing demand for high-quality products and services from major industries including aerospace, automotive, and others. In North America, U.S.


Asia Pacific is anticipated to be one of the fastest growing regions during the forecast period owing to rapid industrialization along with developing infrastructure facilities in countries such as China and India which are some of the leading consumers for these equipment globally such as Japan Steel Plate Ltd.


Growth Factors:


  • Increasing demand for lightweight and fuel-efficient vehicles
  • Growing automotive industry in developing countries
  • Rising demand for advanced welding technologies in aerospace and defense sectors
  • Technological advancements in friction stir welding equipment
  • Growing popularity of friction stir welding among small-scale businesses

Scope Of The Report

Report Attributes

Report Details

Report Title

Friction Stir Welding Equipment Market Research Report

By Type

Desktop Equipment, Gantry Equipment, Others

By Application

Aerospace, Automotive, Shipbuilding, Railways, Others

By Companies

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

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

232

Number of Tables & Figures

163

Customization Available

Yes, the report can be customized as per your need.


Global Friction Stir Welding Equipment Market Report Segments:

The global Friction Stir Welding Equipment market is segmented on the basis of:

Types

Desktop Equipment, Gantry Equipment, Others

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Aerospace, Automotive, Shipbuilding, Railways, Others

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. ESAB
  2. Grenzebach Maschinenbau GmbH
  3. Nova-Tech Engineering
  4. Beijing FSW
  5. FOOKE GmbH
  6. PaR Systems
  7. Nitto Seiki
  8. General Tool Company
  9. Sooncable
  10. Gatwick
  11. Stirtec Gmbh
  12. Hitachi
  13. PTG
  14. BTI
  15. Valmet
  16. Ekato
  17. Xi'an Yonghua
  18. Fluiten
  19. James Walker
  20. Huayang Seals
  21. Huhnseal AB

Global Friction Stir Welding Equipment Market Overview


Highlights of The Friction Stir Welding Equipment Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Alpha Hydroxy Acid for Cosmetic Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Desktop Equipment
    2. Gantry Equipment
    3. Others
  1. By Application:

    1. Aerospace
    2. Automotive
    3. Shipbuilding
    4. Railways
    5. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Friction Stir Welding Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Friction Stir Welding Equipment Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available
                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Friction Stir Welding Equipment Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Friction Stir Welding Equipment Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Friction Stir Welding Equipment Market - Supply Chain
   4.5. Global Friction Stir Welding Equipment Market Forecast
      4.5.1. Friction Stir Welding Equipment Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Friction Stir Welding Equipment Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Friction Stir Welding Equipment Market Absolute $ Opportunity

5. Global Friction Stir Welding Equipment Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Friction Stir Welding Equipment Market Size and Volume Forecast by Type
      5.3.1. Desktop Equipment
      5.3.2. Gantry Equipment
      5.3.3. Others
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Friction Stir Welding Equipment Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Friction Stir Welding Equipment Market Size and Volume Forecast by Application
      6.3.1. Aerospace
      6.3.2. Automotive
      6.3.3. Shipbuilding
      6.3.4. Railways
      6.3.5. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Friction Stir Welding Equipment Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Friction Stir Welding Equipment Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Friction Stir Welding Equipment Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Friction Stir Welding Equipment Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Friction Stir Welding Equipment Demand Share Forecast, 2019-2029

9. North America Friction Stir Welding Equipment Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Friction Stir Welding Equipment Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Friction Stir Welding Equipment Market Size and Volume Forecast by Application
      9.4.1. Aerospace
      9.4.2. Automotive
      9.4.3. Shipbuilding
      9.4.4. Railways
      9.4.5. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Friction Stir Welding Equipment Market Size and Volume Forecast by Type
      9.7.1. Desktop Equipment
      9.7.2. Gantry Equipment
      9.7.3. Others
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Friction Stir Welding Equipment Demand Share Forecast, 2019-2029

10. Latin America Friction Stir Welding Equipment Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Friction Stir Welding Equipment Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Friction Stir Welding Equipment Market Size and Volume Forecast by Application
      10.4.1. Aerospace
      10.4.2. Automotive
      10.4.3. Shipbuilding
      10.4.4. Railways
      10.4.5. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Friction Stir Welding Equipment Market Size and Volume Forecast by Type
      10.7.1. Desktop Equipment
      10.7.2. Gantry Equipment
      10.7.3. Others
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Friction Stir Welding Equipment Demand Share Forecast, 2019-2029

11. Europe Friction Stir Welding Equipment Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Friction Stir Welding Equipment Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Friction Stir Welding Equipment Market Size and Volume Forecast by Application
      11.4.1. Aerospace
      11.4.2. Automotive
      11.4.3. Shipbuilding
      11.4.4. Railways
      11.4.5. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Friction Stir Welding Equipment Market Size and Volume Forecast by Type
      11.7.1. Desktop Equipment
     11.7.2. Gantry Equipment
      11.7.3. Others
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Friction Stir Welding Equipment Demand Share, 2019-2029

12. Asia Pacific Friction Stir Welding Equipment Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Friction Stir Welding Equipment Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Friction Stir Welding Equipment Market Size and Volume Forecast by Application
      12.4.1. Aerospace
      12.4.2. Automotive
      12.4.3. Shipbuilding
      12.4.4. Railways
      12.4.5. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Friction Stir Welding Equipment Market Size and Volume Forecast by Type
      12.7.1. Desktop Equipment
      12.7.2. Gantry Equipment
      12.7.3. Others
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Friction Stir Welding Equipment Demand Share, 2019-2029

13. Middle East & Africa Friction Stir Welding Equipment Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Friction Stir Welding Equipment Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Friction Stir Welding Equipment Market Size and Volume Forecast by Application
      13.4.1. Aerospace
      13.4.2. Automotive
      13.4.3. Shipbuilding
      13.4.4. Railways
      13.4.5. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Friction Stir Welding Equipment Market Size and Volume Forecast by Type
      13.7.1. Desktop Equipment
      13.7.2. Gantry Equipment
      13.7.3. Others
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Friction Stir Welding Equipment Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Friction Stir Welding Equipment Market: Market Share Analysis
   14.2. Friction Stir Welding Equipment Distributors and Customers
   14.3. Friction Stir Welding Equipment Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. ESAB
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Grenzebach Maschinenbau GmbH
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Nova-Tech Engineering
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Beijing FSW
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. FOOKE GmbH
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. PaR Systems
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Nitto Seiki
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. General Tool Company
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Sooncable
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Gatwick
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Stirtec Gmbh
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Hitachi
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. PTG
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. BTI
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. Valmet
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. Ekato
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. Xi'an Yonghua
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. Fluiten
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. James Walker
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. Huayang Seals
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

Our Trusted Clients

Contact Us