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According to the latest report by IMARC Group, titled “Friction Stir Welding EquipmentMarket: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,”theglobal friction stir welding equipment market sizereached US$ 198.5 Million in 2021. Friction stir welding (FSW) refers to an advanced solid-state joining procedure that combines two confronting workpieces without melting the material. The procedure involves the generation of frictional heat, which softens the area between the rotating device and workpiece material and mechanically intermixes the two metal workpieces. FSW is primarily used for structures that require high welding quality on account of its unique advantages, including cost-savings and weight reduction properties.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Friction Stir Welding Equipment Market Trends:
FSW equipment offers numerous advantages, including improved process robustness, limited impact on health and environment, and remarkable mechanical properties like high fatigue resistance and tensile strength. It also enables pore closure, resulting in a pore-free weld interface and refined microstructure, and making it highly suitable for welding preventive maintenance (PM) parts. Moreover, as FSW is a green technology, its application is expanding in different industries across the globe. For instance, it is employed in the automotive and aerospace industries on account of the increasing focus on reducing the weight of vehicles and aerospace components. The market is further driven by the utilization of FSW equipment to weld aluminum components in cars, such as driveshafts, rear axles and spoilers, bumper beans and crash boxes. Looking forward, IMARC Group expects the market to exhibit a CAGR of 6.59% during 2022-2027.
Market Summary:
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