Friction Stir Welding Business Scope Research Methodology

The size of the friction stir welding market was estimated at USD 248.12 million in 2023. From 2024 to 2030, the market is projected to develop at a compound annual growth rate (CAGR) of 5.75%, reaching approximately USD 367.05 million.

The study focuses on elements including demand, supply, and sales while analyzing current trends and regional dynamics in the Friction Stir Welding industry. Along with a competitive landscape analysis, it outlines the main drivers, obstacles, and new opportunities for important companies. With a thorough approach, this study helps stakeholders find products and end users that drive revenue development by presenting current facts, future estimates, market size insights, and new trends. In addition, the report contains comprehensive company profiles, product specifications, production capabilities, revenue and sales data, pricing structures, gross margins, and sales statistics broken down by product.

Friction Stir Welding Business Segmentation

by Equipment Type

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

by Material

Aluminium alloy
Magnesium
Titanium
Copper
Steel alloys
Others

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Friction Stir Welding Business Key Players

1. Concurrent Technologies Corp. - USA
2. FOOKE GmbH - Germany
3. Gatwick Technologies Ltd. - UK
4. HFW Solutions LLC - USA
5. Hitachi High-Technologies Corp. - Japan
6. Manufacturing Technology, Inc. (MTI) - USA
7. Midea Group (KUKA AG) - China/Germany
8. Norsk Hydro ASA - Norway
9. PaR Systems LLC - USA
10. Yamazaki Mazak Corp. - Japan
11. Beijing FSW Technology Co., Ltd. - China
12. The ESAB Group, Inc. - USA (part of Colfax Corporation)
13. KUKA Systems GmbH - Germany
14. MegaStir - USA
15. Eta Technology Private Limited - India

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Regional Analysis

The market was dominated by the Friction Stir Welding region in 2021, and it is expected to continue growing over the coming years. A good environment for the Friction Stir Welding market is created by government policies and activities that support regional market growth and manage rising costs. Revenue, market potential, company network structure, and latest developments are broken down geographically in the report.

  • Asia-Pacific: ASEAN nations, China, India, Japan, South Korea, Australia, and other APAC areas
  • South Africa, the Gulf Cooperation Council, Egypt, Nigeria, and other ME&A nations

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Table of Contents for the Friction Stir Welding Business

  • Overview of Function as a Service Business
  • Global Business Status and Forecast by Regions
  • Global Business Status and Forecast by Types
  • Key Drivers Analysis
  • Competition Analysis by Major Business
  • Introduction to Key Business and Data
  • Upstream and Downstream Analysis
  • Cost and Gross Margin Review
  • Business Status Analysis
  • Report Conclusion
  • Research Methodology and References

Important Issues Covered in the Friction Stir Welding Market Report

  • What defines the Friction Stir Welding market?
  • What is the forecasted growth timeline for the Friction Stir Welding market?
  • Which region held the largest market share?
  • What prospects for expansion exist in the Friction Stir Welding market?

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