Friction Stir Welding Equipment Companies

Q: What is the global market size of Friction Stir Welding Equipment Market?

Global Friction Stir Welding Equipment Market size was valued at USD 188 million in 2022, USD 202.3 million in 2023 and is projected to grow USD 338.8 million by 2031, growing at a CAGR of 7.64% in the forecast period (2024-2031).

Friction Stir Welding Equipment Market Competitive Landscape

The competitive landscape of the global market for friction stir welding equipment is characterised by the presence of well-known international businesses. ESAB Welding & Cutting Products, KUKA AG, Hitachi High-Technologies Corporation, Beijing FSW Technology Co., Ltd., and General Tool Company are some of the major participants in the market. To meet the increasing need for friction stir welding solutions across a variety of industries worldwide, these businesses compete for market share by concentrating on product breakthroughs, forming strategic alliances, and broadening their geographic reach.

Top Player’s Company Profiles

PaR Systems (United States)

Nova-Tech Engineering (United States)

Hitachi (Japan)

FOOKE GmbH (Germany)

Valmet (Finland)

Nitto Seiki (Japan)

Gatwick Stirtec GmbH (Germany)

ESAB (Sweden)

General Tool Company (United States)

PTG (United Kingdom)

Beijing FSW (China)

Grenzebach Maschinenbau GmbH (Germany)

BTI (United States)

Sooncable (South Korea)

FAQs

Friction Stir Welding Equipment Market size was valued at USD 188 million in 2022, USD 202.3 million in 2023 and is projected to grow USD 338.8 million by 2031, growing at a CAGR of 7.64% in the forecast period (2024-2031).

The competitive landscape of the market for friction stir welding equipment is characterised by the presence of well-known international businesses. ESAB Welding & Cutting Products, KUKA AG, Hitachi High-Technologies Corporation, Beijing FSW Technology Co., Ltd., and General Tool Company are some of the major participants in the market. To meet the increasing need for friction stir welding solutions across a variety of industries worldwide, these businesses compete for market share by concentrating on product breakthroughs, forming strategic alliances, and broadening their geographic reach. 'PaR Systems (United States)', 'Nova-Tech Engineering (United States)', 'Hitachi (Japan)', 'FOOKE GmbH (Germany)', 'Valmet (Finland)', 'Nitto Seiki (Japan)', 'Gatwick Stirtec GmbH (Germany)', 'ESAB (Sweden)', 'General Tool Company (United States)', 'PTG (United Kingdom)', 'Beijing FSW (China)', 'Grenzebach Maschinenbau GmbH (Germany)', 'BTI (United States)', 'Sooncable (South Korea)'

Industries such as automotive, aerospace, and marine are constantly searching for lightweight materials to enhance performance, reduce emissions, and improve fuel efficiency. The fact that friction stir welding provides a useful method of combining lightweight materials like composites, magnesium, and aluminium without compromising strength is what drives the need for FSW equipment.

Ongoing Advancements in Welding Technology: Emphasis on sophisticated Material Joining: Reliable joining procedures are becoming more necessary as sophisticated materials like composites and dissimilar alloys are used in more industries. The market is growing as friction stir welding equipment provides a practical way to weld these materials together. In addition, advancements in automation, process control, and tool design are raising the effectiveness and caliber of welds.

In the Asia Pacific market, the friction stir welding machine business is seeing increased income thanks to the expanding automotive, railway, aerospace, and defense sectors. The APAC region accounted for a substantial share of the market in 2022. Friction stir welding (FSW) equipment is in high demand in Asia due to its numerous advantages in connecting lightweight materials and essential applications. FSW technology is being used by the shipbuilding, aerospace, and automotive industries due to its ability to generate high-quality, flawless welds with superior mechanical qualities. Infrastructure projects, automotive lightweighting programmes, and expenditures in aerospace and defense are some of the drivers driving the North American market for friction stir welding equipment.

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Friction Stir Welding Equipment Market Competitive Landscape

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