Market Overview

Global Friction Stir Welding Equipment Market Analysis & Forecasts 2018-2022, With an Expected CAGR of 9.7% - ResearchAndMarkets.com

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The "Global
Friction Stir Welding Equipment Market 2018-2022"
report has
been added to ResearchAndMarkets.com's offering.

The analysts forecast the Global Friction Stir Welding Equipment to grow
at a CAGR of 9.7% during the period 2018-2022.

Friction Stir Welding Equipment is a process of joining two metals or
metal alloys through a solid-state joining process. This process uses
non-consumable tools to join two facing workpieces without melting the
workpiece material. This technology is primarily used on wrought or
extruded aluminum, particularly for structures that need very high weld
strength.

The latest trend gaining momentum in the market is the use of new
materials by industries. Evolving end-user industries constantly prompt
welding equipment manufacturers to adopt new technologies to help them
stay competitive. FSW is an adaptable technology that can be applied to
a range of situations such as joining of materials, which may otherwise
be difficult to weld.

One of the major drivers for this market is the growing demand from
automotive industry. With the increasing competition and the need to
reduce the weight of cars, the automotive industry is trending toward
increased use of aluminum. The FSW process offers many potential
benefits for welding of aluminum as it is a robust process that can
handle the variations inherent in high-volume production better than
other joining processes.

The report states that one of the major factors hindering the growth of
this market is the shrinkage of skilled and qualified labor. The FSW
equipment market is witnessing a skill gap due to factors such as less
number of people opting for this profession and aging of the existing
workforce.

Companies Mentioned

  • Colfax
  • Hitachi High-Technologies
  • KUKA
  • Norsk Hydro
  • Schlumberger

Key Topics Covered:

01. Executive Summary

02. Scope Of The Report

03. Research Methodology

04. Market Landscape

05. Market Sizing

06. Five Forces Analysis

07. Market Segmentation By End-User

08. Market Segmentation By Product

09. Customer Landscape

10. Regional Landscape

11. Decision Framework

12. Drivers And Challenges

13. Market Trends

14. Vendor Landscape

15. Vendor Analysis

16. Appendix

For more information about this report visit https://www.researchandmarkets.com/research/4jctlh/global_friction?w=4

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