in Transport & Logistics      |      24 Oct, 2017     |      Price   $3200
Friction Stir Welding Market Analysis by Global Segments, Growth, Size and Forecast 2025

Friction Stir Welding Market (By Equipment Type (Fixed Friction Stir Welding, Adjustable Friction Stir Welding, and Self-reacting Friction Stir Welding), By End-use Application (Shipbuilding and Offshore, Automotive, Aerospace, Fabrication, and Others)) – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2017 – 2025 the global friction stir welding market is expected to reach US$ 15,18.1 Mn, expanding at a compound annual growth rate of 7.1% during the forecast period 2017 – 2025.

Product Insights

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. Invented in 1991, the friction stir welding (FSW) process was developed at, and is patented by, The Welding Institute (TWI) in Cambridge, United Kingdom. The development of this process was a significant change from the conventional rotary motion and linear reciprocating friction welding processes. It provided a great deal of flexibility within the friction welding process group. The process advantages result from the fact that the FSW process takes place in the solid phase below the melting point of the materials to be joined. Additional benefits include its ability to join materials that are difficult to fusion weld.

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Competitive Insights:

Some of the leading, promising, and emerging players identified in the global friction stir welding market include Beijing FSW Technology Co, Ltd., Hitachi High-Technologies Corporation, The ESAB Group, Inc., Manufacturing Technology Inc., KUKA Systems GmbH, MegaStir, Gatwick Technologies, ETA Technology Pvt. Ltd., Grenzebach Maschinenbau GmbH, EWI, FOOKE GmbH, General Tool Company, PaR Systems, RV Machine Tools, and SAPA Group among others. The global friction stir welding market is highly competitive and it is requisite for manufacturers to understand requirements of each end-use vertical and develop solution accordingly. In order to understand distinct requirements regarding process monitoring and control, friction stir welding equipment manufacturers are required to develop cordial relationship with customers. In addition, the manufacturers also need to work with industry groups that are involved in the development of standards and regulations. Conducting promotional campaign and participating in industrial exhibitions is crucial to manufacturer’s sustainability as it creates awareness regarding product benefits. Focus on product enhancement through technology development remains the cut-throat strategy for manufacturers in the global friction stir welding market.

Segmentation Analysis:

The global friction stir welding market was led by the Asia Pacific region, accounting for over 42% of the global market revenue. The region is home to huge manufacturing industry. Positive outlook of the manufacturing industry, especially in China and India is expected to have positive impact on the overall market demand in the region. In terms of equipment type, fixed friction stir welders dominated the overall demand, while adjustable friction stir welder are presumed to witness maximum adoption on account of their ability to weld materials of varied thickness with accuracy and less manual work.

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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, 2015 – 2025, (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 Increasing innovation and development is assisting its adoption in several other industries Significant growth in global automotive industry and increasing adoption of FSW in modern vehicles
5.1.2 Market Challenges 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

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