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Global Friction Stir Welding Equipment Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2020-2026

In this report, the Global Friction Stir Welding Equipment market is valued at USD XX million in 2019 and is expected to reach USD XX million by the end of 2026, growing at a CAGR of XX% between 2019 and 2026. Global Friction Stir Welding Equipment market has been broken down by major regions, with complete market estimates on the basis of products/applications on a regional basis.

Browse full research report at https://www.crystalmarketreport.com/global-friction-stir-welding-equipment-market-size-manufacturers-supply-chain-sales-channel-and-clients-2020-2026

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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. 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.

Market Analysis and Insights: Global Friction Stir Welding Equipment Market

In 2019, the global Friction Stir Welding Equipment market size was US$ 212.1 million and it is expected to reach US$ 342.3 million by the end of 2026, with a CAGR of 7.0% during 2021-2026.

Global Friction Stir Welding Equipment Scope and Market Size

Friction Stir Welding Equipment market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Friction Stir Welding Equipment market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2015-2026.

Segment by Type, the Friction Stir Welding Equipment market is segmented into

Desktop Equipment

Gantry Equipment

Others

Segment by Application, the Friction Stir Welding Equipment market is segmented into

Aerospace

Automotive

Shipbuilding

Railways

Others

Regional and Country-level Analysis:

North America

United States

Canada

Asia-Pacific

China

Japan

South Korea

India

Southeast Asia

Australia

Rest of Asia-Pacific

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Rest of Europe

Latin America

Mexico

Brazil

Rest of Latin America

Middle East & Africa

Turkey

Saudi Arabia

UAE

Rest of MEA

Competitive Landscape and Friction Stir Welding Equipment Market Share Analysis

Friction Stir Welding Equipment market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, Friction Stir Welding Equipment product introduction, recent developments, Friction Stir Welding Equipment sales by region, type, application and by sales channel.

The major companies include:

ESAB

Grenzebach Maschinenbau GmbH

Nova-Tech Engineering

Beijing FSW

FOOKE GmbH

PaR Systems

Nitto Seiki

General Tool

Sooncable

Gatwick

Stirtec Gmbh

Hitachi

PTG

BTI

Valmet

Ekato

Xi’an Yonghua

Fluiten

James Walker

Huayang Seals

Huhnseal AB

Browse full research report at https://www.crystalmarketreport.com/global-friction-stir-welding-equipment-market-size-manufacturers-supply-chain-sales-channel-and-clients-2020-2026

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