Home / Automation & Process Control / Friction Stir Welding Market By Equipment (Fixed Friction Stir Welding Equipment, Adjustable Friction Stir Welding Equipment, Self-Reacting Friction Stir Welding Equipment), By Applications (Shipbuilding And Off-Shore, Automotive, Railways, Aerospace, Fabrication) - Growth, Future Prospects And Competitive Analysis, 2016 - 2024

Friction Stir Welding Market By Equipment (Fixed Friction Stir Welding Equipment, Adjustable Friction Stir Welding Equipment, Self-Reacting Friction Stir Welding Equipment), By Applications (Shipbuilding And Off-Shore, Automotive, Railways, Aerospace, Fabrication) - Growth, Future Prospects And Competitive Analysis, 2016 - 2024

Published: Mar 2017 | Report Code: 58378-03-17

Resurgence in the automotive industry post economic recession is identified as the major factor driving the global friction stir welding demand. In addition, advancements in technology concerned with friction stir welding processes are also expected to boost demand for FSW equipment globally, especially for manufacturing lightweight boats, trains, airplanes and all the structures where high strength, low weight, good toughness and excellent fatigue life are required. These factors are expected to contribute towards a CAGR of 7.1% during the forecast period 2016 – 2024.

Friction Stir Welding Market

Report Scope

This report analyzes the global friction stir welding market in terms of equipment type, end-use application, and geography. Based on equipment type, the global friction stir welding market is segregated into fixed friction stir welding, adjustable friction stir welding, and self-reacting friction stir welding. Similarly, on the basis of end-use application, the global market for friction stir welding is further classified into automotive, ship building and off-shore, railways, aerospace, and fabrication among others. The geographical distribution of the global friction stir welding market considered in this study encompasses regional markets such as North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Friction Stir Welding Market

1.1    Report Description

1.1.1   Purpose of the Report

The purpose of this strategic research study titled “Friction Stir Welding Market- Growth, Share, Opportunities, and Competitive Analysis, 2016 – 2024” is to offer industry investors, company executives, and industry participants with in-depth insights to enable them make informed strategic decisions related to the opportunities in the Friction Stir Welding market.

1.1.2   Target Audience

  • Industry Investors
  • Friction Stir Welding Equipment Manufacturers
  • Component Manufacturers
  • Assemblers and Integrators
  • End-users

1.1.3   USP and Key Offerings

The report titled “Global Friction Stir Welding Market- Growth, Share, Opportunities, and Competitive Analysis, 2016 – 2024” offers strategic insights into the global Friction Stir Welding market along with the market size and estimates for the duration 2014 to 2024. The said research study covers in-depth analysis of multiple market segments based on type, end-use and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the key industry participants, their SCOT (Strength, Challenges, Opportunities, and Weaknesses) analysis, market positioning, and recent developments. Other in-depth analysis provided in the report includes:

  • An overview of the global friction stir welding market
  • Current and future market trends to justify the forthcoming attractive sub-markets within the global friction stir welding market
  • Qualitative assessment tools such as market drivers, challenges and future prospects, value chain, and attractive investment proposition.
  • Focus on each level of market segmentation based on product approvals, launch, and current and anticipated market dynamics.
  • A general overview of the industry structure
  • Company profiles highlighting key information about the major players dealing in friction stir welding business
  • Market competition scrutiny tools such as market share analysis, fractal map, etc.
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global Friction Stir Welding market, offering market size and estimates for the period from 2014 to 2024, keeping in mind the above mentioned factors.

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Methodology
1.2.1 Phase I – Secondary Research
1.2.2 Phase II – Primary Research
1.2.3 Phase III – Expert Panel Review
1.2.4 Assumptions
1.2.5 Approach Adopted

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Friction Stir Welding Market
2.2 Global Friction Stir WeldingMarket, By Equipment Type
2.3 Global Friction Stir WeldingMarket, By Application
2.4 Global Friction Stir WeldingMarket, By Geography

Chapter 3 Global Friction Stir Welding Market Analysis
3.1 Global Friction Stir Welding Market Overview
3.1.1 Global Friction Stir Welding Market Revenue and Growth, 2016 – 2024, (US$ Mn) (Y-o-Y %)

Chapter 4 Market Inclination Insights
4.1 Friction Stir Welding Market Evolution
4.2 Friction Stir Welding Market: Key Trends
4.3 Future Outlook: Friction Stir Welding Market

Chapter 5 Market Dynamics
5.1.1 Market Drivers
5.1.1.1 Increasing innovation and development is assisting its adoption in several other industries
5.1.1.2 Significant growth in global automotive industry and increasing adoption of FSW in modern vehicles
5.1.2 Market Challenges
5.1.2.1 A few disadvantages related with the overall welding process carried out by FSW
5.2 See-Saw Analysis
5.2.1 Impact Analysis of Drivers and Restraints
5.3 Attractive Investment Proposition
5.4 Competitive Landscape
5.4.1 Market Positioning of Key Friction Stir Welding Vendors
5.4.2 Leading player’s strategies

Chapter 6 Global Friction Stir Welding Market Analysis, by Equipment Type
6.1 Introduction
6.2 Fixed Friction Stir Welding Equipment
6.3 Adjustable Friction Stir Welding Equipment
6.4 Self-Reacting Friction Stir Welding Equipment

Chapter 7 Global Friction Stir Welding Market Analysis, By Applications
7.1 Overview
7.2 Shipbuilding and Off-shore
7.3 Automotive
7.4 Railways
7.5 Aerospace
7.6 Fabrication
7.7 Others

Chapter 8 North America Friction Stir Welding Market Analysis
8.1 Overview
8.1.1 North America Friction Stir Welding Market Revenue and Growth, 2014 – 2024, (US$ Mn) (Y-o-Y %)
8.2 North America Friction Stir Welding Market Analysis, By Equipment Type, 2014 – 2024 (US$ Mn)
8.2.1 Comparative Analysis
8.3 North America Friction Stir Welding Market Analysis, By Application, 2014 – 2024 (US$ Mn)
8.3.1 Comparative Analysis
8.4 North America Friction Stir Welding Market Analysis, By Country, 2014 – 2024 (US$ Mn)
8.4.1 Comparative Analysis
8.4.2 U.S.
8.4.2.1 U.S. Friction Stir Welding Market Analysis, By Equipment Type, 2014 – 2024 (US$ Mn)
8.4.2.2 U.S. Friction Stir Welding Market Analysis, By Application, 2014 – 2024 (US$ Mn)
8.4.3 Rest of North America
8.4.3.1 Rest of North America Friction Stir Welding Market Analysis, By Equipment Type, 2014 – 2024 (US$ Mn)
8.4.3.2 Rest of North America Friction Stir Welding Market Analysis, By Application, 2014 – 2024 (US$ Mn)

Chapter 9 Europe Friction Stir Welding Market Analysis
9.1 Overview
9.1.1 Europe Friction Stir Welding Market Revenue and Growth, 2014 – 2024, (US$ Mn) (Y-o-Y %)
9.2 Europe Friction Stir Welding Market Analysis, By Equipment Type, 2014 – 2024 (US$ Mn)
9.2.1 Comparative Analysis
9.3 Europe Friction Stir Welding Market Analysis, By Application, 2014 – 2024 (US$ Mn)
9.3.1 Comparative Analysis
9.4 Europe Friction Stir Welding Market Analysis, By Country, 2014 – 2024 (US$ Mn)
9.4.1 Comparative Analysis
9.4.2 UK
9.4.2.1 UK Friction Stir Welding Market Analysis, By Equipment Type, 2014 – 2024 (US$ Mn)
9.4.2.1 UK Friction Stir Welding Market Analysis, By Application, 2014 – 2024 (US$ Mn)
9.4.3 Germany
9.4.3.1 Germany Friction Stir Welding Market Analysis, By Equipment Type, 2014 – 2024 (US$ Mn)
9.4.3.2 Germany Friction Stir Welding Market Analysis, By Application, 2014 – 2024 (US$ Mn)
9.4.4 France
9.4.4.1 France Friction Stir Welding Market Analysis, By Equipment Type, 2014 – 2024 (US$ Mn)
9.4.4.2 France Friction Stir Welding Market Analysis, By Application, 2014 – 2024 (US$ Mn)
9.4.5 Rest of Europe
9.4.5.1 Rest of Europe Friction Stir Welding Market Analysis, By Equipment Type, 2014 – 2024 (US$ Mn)
9.4.5.2 Rest of Europe Friction Stir Welding Market Analysis, By Application, 2014 – 2024 (US$ Mn)

Chapter 10 Asia Pacific Friction Stir Welding Market Analysis
10.1 Overview
10.1.1 Asia Pacific Friction Stir Welding Market Revenue and Growth, 2014 – 2024, (US$ Mn) (Y-o-Y %)
10.2 Asia Pacific Friction Stir Welding Market Analysis, By Equipment Type, 2014 – 2024 (US$ Mn)
10.2.1 Comparative Analysis
10.3 Asia Pacific Friction Stir Welding Market Analysis, By Application, 2014 – 2024 (US$ Mn)
10.3.1 Comparative Analysis
10.4 Asia Pacific Friction Stir Welding Market Analysis, By Country, 2014 – 2024 (US$ Mn)
10.4.1 Comparative Analysis
10.4.2 Japan
10.4.2.1 Japan Friction Stir Welding Market Analysis, By Equipment Type, 2014 – 2024 (US$ Mn)
10.4.2.2 Japan Friction Stir Welding Market Analysis, By Application, 2014 – 2024 (US$ Mn)
10.4.3 China
10.4.3.1 China Friction Stir Welding Market Analysis, By Equipment Type, 2014 – 2024 (US$ Mn)
10.4.3.2 China Friction Stir Welding Market Analysis, By Application, 2014 – 2024 (US$ Mn)
10.4.4 India
10.4.4.1 India Friction Stir Welding Market Analysis, By Equipment Type, 2014 – 2024 (US$ Mn)
10.4.4.2 India Friction Stir Welding Market Analysis, By Application, 2014 – 2024 (US$ Mn)
10.4.5 Rest of Asia Pacific
10.4.5.1 Rest of Asia Pacific Friction Stir Welding Market Analysis, By Equipment Type, 2014 – 2024 (US$ Mn)
10.4.5.2 Rest of Asia Pacific Friction Stir Welding Market Analysis, By Application, 2014 – 2024 (US$ Mn)

Chapter 11 Rest of the World (RoW) Friction Stir Welding Market Analysis
11.1 Overview
11.1.1 RoW Friction Stir Welding Market Revenue and Growth, 2014 – 2024, (US$ Mn) (Y-o-Y %)
11.2 RoW Friction Stir Welding Market Analysis, By Equipment Type, 2014 – 2024 (US$ Mn)
11.2.1 Comparative Analysis
11.2.2 RoW Friction Stir Welding Market Analysis, By Equipment Type, 2014 – 2024 (US$ Mn)
11.3 RoW Friction Stir Welding Market Analysis, By Application, 2014 – 2024 (US$ Mn)
11.3.1 Comparative Analysis
11.3.2 RoW Friction Stir Welding Market Analysis, By Application, 2014 – 2024 (US$ Mn)
11.4 RoW Friction Stir Welding Market Analysis, By Region, 2014 – 2024 (US$ Mn)
11.4.1 Comparative Analysis
11.4.2 Latin America
11.4.2.1 Latin America Friction Stir Welding Market Analysis, By Equipment Type, 2014 – 2024 (US$ Mn)
11.4.2.2 Latin America Friction Stir Welding Market Analysis, By Application, 2014 – 2024 (US$ Mn)
11.4.3 Middle East and Africa
11.4.3.1 Middle East and Africa Friction Stir Welding Market Analysis, By Equipment Type, 2014 – 2024 (US$ Mn)
11.4.3.2 Middle East and Africa Friction Stir Welding Market Analysis, By Application, 2014 – 2024 (US$ Mn)

Chapter 12 Company Profiles
12.1 Beijing FSW Technology Co, Ltd.
12.1.1 Beijing FSW Technology Co, Ltd. : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
12.2 Hitachi High-Technologies Corporation
12.2.1 Hitachi High-Technologies Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
12.3 The ESAB Group, Inc.
12.3.1 The ESAB Group, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
12.4 Manufacturing Technology, Inc. (MTI)
12.4.1 Manufacturing Technology, Inc. (MTI): Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
12.5 KUKA Systems GmbH
12.5.1 KUKA Systems GmbH: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
12.6 MegaStir
12.6.1 MegaStir: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
12.7 Gatwick Technologies Ltd
12.7.1 Gatwick Technologies Ltd: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
12.8 Eta Technology Private Limited
12.8.1 Eta Technology Private Limited: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
12.9 Grenzebach Maschinenbau GmbH
12.9.1 Grenzebach Maschinenbau GmbH: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
12.10 EWI
12.10.1 EWI: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
12.11 FOOKE GmbH
12.11.1 FOOKE GmbH: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
12.12 General Tool Company
12.12.1 General Tool Company: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
12.13 PaR Systems, Inc.
12.13.1 PaR Systems, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
12.14 RV Machine Tools
12.14.1 RV Machine Tools: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
12.15 SAPA Group
12.15.1 SAPA Group: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)

List Of Table :

TABLE 1 Market Snapshot: Global Friction Stir Welding Market
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 Global Friction Stir Welding Market Revenue, By Equipment Type, 2014 – 2024 (US$ Mn)
TABLE 5 Global Friction Stir Welding Market Revenue, By Application, 2014 – 2024 (US$ Mn)
TABLE 6 North America Friction Stir Welding Market Revenue, By Equipment Type, 2014 – 2024 (US$ Mn)
TABLE 7 North America Friction Stir Welding Market Revenue, By Application, 2014 – 2024 (US$ Mn)
TABLE 8 U.S. Friction Stir Welding Market Revenue, By Equipment Type, 2014 – 2024 (US$ Mn)
TABLE 9 U.S. Friction Stir Welding Market Revenue, By Application, 2014 – 2024 (US$ Mn)
TABLE 10 Rest of North America Friction Stir Welding Market Revenue, By Equipment Type, 2014 – 2024 (US$ Mn)
TABLE 11 Rest of North America Friction Stir Welding Market Revenue, By Application, 2014 – 2024 (US$ Mn)
TABLE 12 Europe Friction Stir Welding Market Revenue, By Equipment Type, 2014 – 2024 (US$ Mn)
TABLE 13 Europe Friction Stir Welding Market Revenue, By Application, 2014 – 2024 (US$ Mn)
TABLE 14 UK Friction Stir Welding Market Revenue, By Equipment Type, 2014 – 2024 (US$ Mn)
TABLE 15 UK Friction Stir Welding Market Revenue, By Application, 2014 – 2024 (US$ Mn)
TABLE 16 Germany Friction Stir Welding Market Revenue, By Equipment Type, 2014 – 2024 (US$ Mn)
TABLE 17 Germany Friction Stir Welding Market Revenue, By Application, 2014 – 2024 (US$ Mn)
TABLE 18 France Friction Stir Welding Market Revenue, By Equipment Type, 2014 – 2024 (US$ Mn)
TABLE 19 France Friction Stir Welding Market Revenue, By Application, 2014 – 2024 (US$ Mn)
TABLE 20 Rest of Europe Friction Stir Welding Market Revenue, By Equipment Type, 2014 – 2024 (US$ Mn)
TABLE 21 Rest of Europe Friction Stir Welding Market Revenue, By Application, 2014 – 2024 (US$ Mn)
TABLE 22 Asia Pacific Friction Stir Welding Market Revenue, By Equipment Type, 2014 – 2024 (US$ Mn)
TABLE 23 Asia Pacific Friction Stir Welding Market Revenue, By Application, 2014 – 2024 (US$ Mn)
TABLE 24 Japan Friction Stir Welding Market Revenue, By Equipment Type, 2014 – 2024 (US$ Mn)
TABLE 25 Japan Friction Stir Welding Market Revenue, By Application, 2014 – 2024 (US$ Mn)
TABLE 26 China Friction Stir Welding Market Revenue, By Equipment Type, 2014 – 2024 (US$ Mn)
TABLE 27 China Friction Stir Welding Market Revenue, By Application, 2014 – 2024 (US$ Mn)
TABLE 28 India Friction Stir Welding Market Revenue, By Equipment Type, 2014 – 2024 (US$ Mn)
TABLE 29 India Friction Stir Welding Market Revenue, By Application, 2014 – 2024 (US$ Mn)
TABLE 30 Rest of Asia Pacific Friction Stir Welding Market Revenue, By Equipment Type, 2014 – 2024 (US$ Mn)
TABLE 31 Rest of Asia Pacific Friction Stir Welding Market Revenue, By Application, 2014 – 2024 (US$ Mn)
TABLE 32 RoW Friction Stir Welding Market Revenue, By Equipment Type, 2014 – 2024 (US$ Mn)
TABLE 33 RoW Friction Stir Welding Market Revenue, By Application, 2014 – 2024 (US$ Mn)
TABLE 34 Latin America Friction Stir Welding Market Revenue, By Equipment Type, 2014 – 2024 (US$ Mn)
TABLE 35 Latin America Friction Stir Welding Market Revenue, By Application, 2014 – 2024 (US$ Mn)
TABLE 36 Middle East and Africa Friction Stir Welding Market Revenue, By Equipment Type, 2014 – 2024 (US$ Mn)
TABLE 37 Middle East and Africa Friction Stir Welding Market Revenue, By Application, 2014 – 2024 (US$ Mn)
TABLE 38 Beijing FSW Technology Co, Ltd. : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 39 Hitachi High-Technologies Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 40 The ESAB Group, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 41 Manufacturing Technology, Inc. (MTI): Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 42 KUKA Systems GmbH: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 43 MegaStir: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 44 Gatwick Technologies Ltd: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 45 Eta Technology Private Limited: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 46 Grenzebach Maschinenbau GmbH: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 47 EWI: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 48 FOOKE GmbH: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 49 General Tool Company: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 50 PaR Systems, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 51 RV Machine Tools: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 52 SAPA Group: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)

List Of Figure :

FIG. 1 Global Friction Stir Welding Market: Research Methodology
FIG. 2 Top-Down and Bottom Up Approach
FIG. 3 Global Friction Stir WeldingMarket, By Equipment Type, 2015 (US$ Mn)
FIG. 4 Global Friction Stir WeldingMarket, By Application, 2015 (US$ Mn)
FIG. 5 Global Friction Stir WeldingMarket, By Geography, 2015 (US$ Mn)
FIG. 6 Global Friction Stir Welding Market Revenue and Growth, 2016 – 2024, (US$ Mn) (Y-o-Y %)
FIG. 7 See-Saw Analysis : Global Friction Stir Welding Market
FIG. 8 Attractive Investment Proposition: Global Friction Stir Welding Market
FIG. 9 Market Positioning of Key Friction Stir Welding Manufacturers, 2015
FIG. 10 Fixed Friction Stir Welding Equipment Market, 2014 – 2024 (US$ Mn)
FIG. 11 Adjustable Friction Stir WeldingMarket, 2014 – 2024 (US$ Mn)
FIG. 12 Self-Reacting Friction Stir Welding Equipment Market, 2014 – 2024 (US$ Mn)
FIG. 13 Friction Stir Welding in Shipbuilding and Off Shore Market in , 2014 - 2024 (US$ Mn)
FIG. 14 Friction stir welding Market in Automotive application, 2014 - 2024 (US$ Mn)
FIG. 15 Friction stir welding Market in Railway application, 2014 - 2024 (US$ Mn)
FIG. 16 Friction stir welding Market in Aerospace application, 2014 - 2024 (US$ Mn)
FIG. 17 Friction stir welding Market in fabrication application, 2014 - 2024 (US$ Mn)
FIG. 18 Friction stir welding Market application, 2014 - 2024 (US$ Mn)
FIG. 19 North America Friction Stir Welding Market Revenue and Growth, 2014 – 2024, (US$ Mn) (Y-o-Y %)
FIG. 20 U.S. Friction Stir Welding Market Revenue, 2014 – 2024, (US$ Mn)
FIG. 21 Rest of North America Friction Stir Welding Market Revenue, 2014 – 2024, (US$ Mn)
FIG. 22 Europe Friction Stir Welding Market Revenue and Growth, 2014 – 2024, (US$ Mn) (Y-o-Y %)
FIG. 23 UK Friction Stir Welding Market Revenue, 2014 – 2024, (US$ Mn)
FIG. 24 Germany Friction Stir Welding Market Revenue, 2014 – 2024, (US$ Mn)
FIG. 25 France Friction Stir Welding Market Revenue, 2014 – 2024, (US$ Mn)
FIG. 26 Rest of Europe Friction Stir Welding Market Revenue, 2014 – 2024, (US$ Mn)
FIG. 27 Asia Pacific Friction Stir Welding Market Revenue and Growth, 2014 – 2024, (US$ Mn) (Y-o-Y %)
FIG. 28 Japan Friction Stir Welding Market Revenue, 2014 – 2024, (US$ Mn)
FIG. 29 China Friction Stir Welding Market Revenue, 2014 – 2024, (US$ Mn)
FIG. 30 India Friction Stir Welding Market Revenue, 2014 – 2024, (US$ Mn)
FIG. 31 Rest of Asia Pacific Friction Stir Welding Market Revenue, 2014 – 2024, (US$ Mn)
FIG. 32 RoW Friction Stir Welding Market Revenue, 2014 – 2024, (US$ Mn)
FIG. 33 Latin America Friction Stir Welding Market Revenue, 2014 – 2024, (US$ Mn)
FIG. 34 Middle East and Africa Friction Stir Welding Market Revenue, 2014 – 2024, (US$ Mn)

Based on product type, the global friction stir welding market is segmented into following categories

  • Fixed Friction Stir Welding
  • Adjustable Friction Stir Welding
  • Self-reacting Friction Stir Welding

Their contribution to the global friction stir welding market in 2015 is as shown in the figure below:

Friction Stir Welding Market

As of 2015, the overall friction stir welding (FSW) market worldwide was dominated by the fixed friction stir welding segment. Fixed friction stir welding equipment being the traditional and most widely known welding equipment variants across multiple end-use industries, account for majority of the market revenue share. The trend shall prolong and the segment is presumed to retain its dominance, witnessing steady and regulated growth during the forecast period 2016 – 2024. Although fixed friction stir welding equipment are expected to remain largest revenue contributors to the global market, adjustable friction stir welders are poised to register maximum growth during the forecast period 2016 – 2024. The growth in demand for adjustable friction stir welders can be majorly credited to their ability to weld materials of varied thickness with precision and less manual work.

On the basis of end-use application, the global friction stir welding market is categorized into following segments:

  • Shipbuilding and Off-shore
  • Automotive
  • Railways
  • Aerospace
  • Fabrication
  • Others

The following figure represents contribution of these end-use application segments to the global friction stir welding market in 2015 and 2024.

Friction Stir Welding Market

In 2015, automotive segment held the largest share in the overall friction stir welding market worldwide. Welds produced by friction stir welders have higher strength and formability due to low welding temperatures compared to fusion welding processes. Friction stir welding has provided a cost-effective and automated method to meet the welding demands of today’s automotive producers. Aerospace is anticipated to grow at a highest growth rate during the forecast period 2016 - 2024. In the aerospace industry, large tanks for launch vehicles are manufactured from high-strength aluminum alloys using friction stir welders. Weight is one of the biggest challenges for aircraft manufacturers. Using FSW to join aluminum alloy stringers to skins for aircraft wings and fuselage structures will reduce weight by the removal of thousands of rivets, and any overlapping aluminum material.

On the basis of geography, the global market for friction stir welding is segmented into following regions and countries.

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Rest of Asia Pacific
  • Rest of the World
    • Latin America
    • Middle East
    • Africa

The contribution of these regions (North America, Europe, Asia Pacific, and RoW) to the global friction stir welding market in 2015 is as shown in the figure below

Friction Stir Welding Market

In the base year 2015, Asia Pacific was the largest friction stir welding market in terms of both revenue and unit shipments. The region accounted for 34.7% of the global friction stir welding market revenue in the same year. The strong demand for friction stir welding equipment is reflective of huge fabrication and automotive industry in the region. The trend shall prolong and the region is presumed to hold on to its leading position, witnessing robust growth during the forecast period. China represented the largest individual friction stir welding market in Asia Pacific followed by India and Japan. On the other hand, after a period of sluggish growth during economic recession, the automotive, shipbuilding, and aerospace industries in developed economies (North America and Europe) have shown signs of recovery, thereby driving replacement of obsolete friction stir welding equipment with the state-of-the art equivalents.

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