Product Code: GVR-4-68040-382-0
Market Size & Trends
The global friction stir welding equipment market size was estimated at USD 232.7 million in 2023 and is projected to grow at a CAGR of 6.6% from 2024 to 2030. The increasing demand for high-quality, cost-effective, and environmentally friendly welding technologies in industries such as aerospace, automotive, and shipbuilding is driving the growth of the friction stir welding (FSW) equipment market. FSW is a solid-state joining process that is particularly effective for welding lightweight alloys, providing superior joint strength and durability.
Technological advancements in FSW equipment, such as robotic and mobile systems development, are further propelling market growth. These innovations enhance the versatility and efficiency of FSW processes, making them suitable for a wide range of applications. In addition, the growing focus on reducing manufacturing costs and improving product performance is driving the adoption of FSW technology across various industries. The expansion of the aerospace and automotive industries, coupled with the need for lightweight and fuel-efficient vehicles, further bolsters the market demand.
Environmental concerns and stringent regulations regarding emissions and energy consumption are also influencing the FSW equipment market. FSW technology is known for its lower energy consumption compared to traditional welding methods, which aligns well with global sustainability goals. As manufacturers seek to comply with these regulations and adopt greener manufacturing processes, the demand for FSW equipment is expected to rise.
The demand for friction stir welding equipment is driven by the need for high-strength, defect-free welds in critical applications across industries such as aerospace, automotive, and shipbuilding. The increasing use of lightweight materials such as aluminum and magnesium alloys in these industries is also boosting the demand for FSW technology. Furthermore, the advantages of FSW, including lower energy consumption, reduced welding defects, and improved mechanical properties of the welds, are contributing to market growth.
The development of advanced FSW equipment, such as robotic and mobile systems, presents significant growth opportunities for the market. These innovations enhance the flexibility and efficiency of FSW processes, making them suitable for complex and large-scale applications. In addition, the expansion of the aerospace and automotive industries in emerging markets and the increasing focus on lightweight and fuel-efficient vehicles provide lucrative opportunities for market growth.
The high initial cost of FSW equipment and the complexity of the process can pose challenges to market growth. Small and medium-sized enterprises may find it difficult to invest in advanced FSW technologies due to budget constraints. In addition, the availability of alternative welding technologies that may be more cost-effective or easier to implement can limit the adoption of FSW equipment in certain applications.
Global Friction Stir Welding Equipment Market Report Segmentation
This report forecasts revenue growth at global, regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2018 to 2030. For the purpose of this study, Grand View Research has segmented the global friction stir welding equipment market on the basis of type, end use, and region:
- Type Outlook (Revenue, USD Million, 2018 - 2030)
- Fixed FSW Equipment
- Mobile FSW Equipment
- Robotic FSW Equipment
- Others
- End Use Outlook (Revenue, USD Million, 2018 - 2030)
- Aerospace
- Automotive
- Shipbuilding
- Railways
- Others
- Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
Japan
China
India
Australia
South Korea
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.4. Information Procurement
- 1.4.1. Purchased Database
- 1.4.2. GVR's Internal Database
- 1.4.3. Secondary Sources
- 1.4.4. Third Party Perspective
- 1.4.5. Information Analysis
- 1.5. Information Analysis
- 1.5.1. Data Analysis Models
- 1.5.2. Market Formulation & Data Visualization
- 1.5.3. Data Validation & Publishing
- 1.6. Research Scope and Assumptions
- 1.6.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Friction Stir Welding Equipment Market Variables, Trends, & Scope
- 3.1. Market Concentration & Penetration Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Technology Overview
- 3.4. Regulatory Framework
- 3.5. Market Dynamics
- 3.5.1. Market Drivers Analysis
- 3.5.2. Market Restraints Analysis
- 3.5.3. Market Opportunity Analysis
- 3.5.4. Market Challenge Analysis
- 3.6. Friction Stir Welding Equipment Market Analysis Tools
- 3.6.1. Porter's Analysis
- 3.6.1.1. Bargaining power of the suppliers
- 3.6.1.2. Bargaining power of the buyers
- 3.6.1.3. Threats of substitution
- 3.6.1.4. Threats from new entrants
- 3.6.1.5. Competitive rivalry
- 3.6.2. PESTEL Analysis
- 3.6.2.1. Political landscape
- 3.6.2.2. Economic and Social landscape
- 3.6.2.3. Technological landscape
- 3.6.2.4. Environmental landscape
- 3.6.2.5. Legal landscape
- 3.7. Economic Mega Trend Analysis
Chapter 4. Friction Stir Welding Equipment Market: Type Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Friction Stir Welding Equipment Market: Type Movement Analysis, 2023 & 2030 (USD Million)
- 4.3. Fixed FSW Equipment
- 4.3.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Mobile FSW Equipment
- 4.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5. Robotic FSW Equipment
- 4.5.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.6. Other FSW Equipment
- 4.6.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Friction Stir Welding Equipment Market: End Use Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Friction Stir Welding Equipment Market: End Use Movement Analysis, 2023 & 2030 (USD Million)
- 5.3. Aerospace
- 5.3.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Automotive
- 5.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.5. Shipbuilding
- 5.5.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.6. Railways
- 5.6.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.7. Others
- 5.7.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Friction Stir Welding Equipment Market: Region Estimates & Trend Analysis
- 6.1. Friction Stir Welding Equipment Market Share, By Region, 2023 & 2030 (USD Million)
- 6.2. North America
- 6.2.1. Friction Stir Welding Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.2. Friction Stir Welding Equipment Market Estimates and Forecasts By Type, 2018 - 2030 (USD Million)
- 6.2.3. Friction Stir Welding Equipment Market Estimates and Forecasts by End Use, 2018 - 2030 (USD Million)
- 6.2.4. U.S.
- 6.2.4.1. Friction Stir Welding Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.4.2. Friction Stir Welding Equipment Market Estimates and Forecasts By Type, 2018 - 2030 (USD Million)
- 6.2.4.3. Friction Stir Welding Equipment Market Estimates and Forecasts by End Use, 2018 - 2030 (USD Million)
- 6.2.5. Canada
- 6.2.5.1. Friction Stir Welding Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.5.2. Friction Stir Welding Equipment Market Estimates and Forecasts By Type, 2018 - 2030 (USD Million)
- 6.2.5.3. Friction Stir Welding Equipment Market Estimates and Forecasts by End Use, 2018 - 2030 (USD Million)
- 6.2.6. Mexico
- 6.2.6.1. Friction Stir Welding Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.6.2. Friction Stir Welding Equipment Market Estimates and Forecasts By Type, 2018 - 2030 (USD Million)
- 6.2.6.3. Friction Stir Welding Equipment Market Estimates and Forecasts by End Use, 2018 - 2030 (USD Million)
- 6.3. Europe
- 6.3.1. Friction Stir Welding Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.2. Friction Stir Welding Equipment Market Estimates and Forecasts By Type, 2018 - 2030 (USD Million)
- 6.3.3. Friction Stir Welding Equipment Market Estimates and Forecasts by End Use, 2018 - 2030 (USD Million)
- 6.3.4. UK
- 6.3.4.1. Friction Stir Welding Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.4.2. Friction Stir Welding Equipment Market Estimates and Forecasts By Type, 2018 - 2030 (USD Million)
- 6.3.4.3. Friction Stir Welding Equipment Market Estimates and Forecasts by End Use, 2018 - 2030 (USD Million)
- 6.3.5. Germany
- 6.3.5.1. Friction Stir Welding Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.5.2. Friction Stir Welding Equipment Market Estimates and Forecasts By Type, 2018 - 2030 (USD Million)
- 6.3.5.3. Friction Stir Welding Equipment Market Estimates and Forecasts by End Use, 2018 - 2030 (USD Million)
- 6.3.6. France
- 6.3.6.1. Friction Stir Welding Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.6.2. Friction Stir Welding Equipment Market Estimates and Forecasts By Type, 2018 - 2030 (USD Million)
- 6.3.6.3. Friction Stir Welding Equipment Market Estimates and Forecasts by End Use, 2018 - 2030 (USD Million)
- 6.3.7. Italy
- 6.3.7.1. Friction Stir Welding Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.7.2. Friction Stir Welding Equipment Market Estimates and Forecasts By Type, 2018 - 2030 (USD Million)
- 6.3.7.3. Friction Stir Welding Equipment Market Estimates and Forecasts by End Use, 2018 - 2030 (USD Million)
- 6.3.8. Spain
- 6.3.8.1. Friction Stir Welding Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.8.2. Friction Stir Welding Equipment Market Estimates and Forecasts By Type, 2018 - 2030 (USD Million)
- 6.3.8.3. Friction Stir Welding Equipment Market Estimates and Forecasts by End Use, 2018 - 2030 (USD Million)
- 6.4. Asia Pacific
- 6.4.1. Friction Stir Welding Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.2. Friction Stir Welding Equipment Market Estimates and Forecasts By Type, 2018 - 2030 (USD Million)
- 6.4.3. Friction Stir Welding Equipment Market Estimates and Forecasts by End Use, 2018 - 2030 (USD Million)
- 6.4.4. China
- 6.4.4.1. Friction Stir Welding Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.4.2. Friction Stir Welding Equipment Market Estimates and Forecasts By Type, 2018 - 2030 (USD Million)
- 6.4.4.3. Friction Stir Welding Equipment Market Estimates and Forecasts by End Use, 2018 - 2030 (USD Million)
- 6.4.5. India
- 6.4.5.1. Friction Stir Welding Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.5.2. Friction Stir Welding Equipment Market Estimates and Forecasts By Type, 2018 - 2030 (USD Million)
- 6.4.5.3. Friction Stir Welding Equipment Market Estimates and Forecasts by End Use, 2018 - 2030 (USD Million)
- 6.4.6. Japan
- 6.4.6.1. Friction Stir Welding Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.6.2. Friction Stir Welding Equipment Market Estimates and Forecasts By Type, 2018 - 2030 (USD Million)
- 6.4.6.3. Friction Stir Welding Equipment Market Estimates and Forecasts by End Use, 2018 - 2030 (USD Million)
- 6.4.7. South Korea
- 6.4.7.1. Friction Stir Welding Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.7.2. Friction Stir Welding Equipment Market Estimates and Forecasts By Type, 2018 - 2030 (USD Million)
- 6.4.7.3. Friction Stir Welding Equipment Market Estimates and Forecasts by End Use, 2018 - 2030 (USD Million)
- 6.4.8. Australia
- 6.4.8.1. Friction Stir Welding Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.8.2. Friction Stir Welding Equipment Market Estimates and Forecasts By Type, 2018 - 2030 (USD Million)
- 6.4.8.3. Friction Stir Welding Equipment Market Estimates and Forecasts by End Use, 2018 - 2030 (USD Million)
- 6.5. Latin America
- 6.5.1. Friction Stir Welding Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5.2. Friction Stir Welding Equipment Market Estimates and Forecasts By Type, 2018 - 2030 (USD Million)
- 6.5.3. Friction Stir Welding Equipment Market Estimates and Forecasts by End Use, 2018 - 2030 (USD Million)
- 6.5.4. Brazil
- 6.5.4.1. Friction Stir Welding Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5.4.2. Friction Stir Welding Equipment Market Estimates and Forecasts By Type, 2018 - 2030 (USD Million)
- 6.5.4.3. Friction Stir Welding Equipment Market Estimates and Forecasts by End Use, 2018 - 2030 (USD Million)
- 6.5.5. Argentina
- 6.5.5.1. Friction Stir Welding Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5.5.2. Friction Stir Welding Equipment Market Estimates and Forecasts By Type, 2018 - 2030 (USD Million)
- 6.5.5.3. Friction Stir Welding Equipment Market Estimates and Forecasts by End Use, 2018 - 2030 (USD Million)
- 6.6. Middle East & Africa
- 6.6.1. Friction Stir Welding Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.2. Friction Stir Welding Equipment Market Estimates and Forecasts By Type, 2018 - 2030 (USD Million)
- 6.6.3. Friction Stir Welding Equipment Market Estimates and Forecasts by End Use, 2018 - 2030 (USD Million)
- 6.6.4. South Africa
- 6.6.4.1. Friction Stir Welding Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.4.2. Friction Stir Welding Equipment Market Estimates and Forecasts By Type, 2018 - 2030 (USD Million)
- 6.6.4.3. Friction Stir Welding Equipment Market Estimates and Forecasts by End Use, 2018 - 2030 (USD Million)
- 6.6.5. Saudi Arabia
- 6.6.5.1. Friction Stir Welding Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.5.2. Friction Stir Welding Equipment Market Estimates and Forecasts By Type, 2018 - 2030 (USD Million)
- 6.6.5.3. Friction Stir Welding Equipment Market Estimates and Forecasts by End Use, 2018 - 2030 (USD Million)
- 6.6.6. UAE
- 6.6.6.1. Friction Stir Welding Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.6.2. Friction Stir Welding Equipment Market Estimates and Forecasts By Type, 2018 - 2030 (USD Million)
- 6.6.6.3. Friction Stir Welding Equipment Market Estimates and Forecasts by End Use, 2018 - 2030 (USD Million)
Chapter 7. Competitive Landscape
- 7.1. Recent Developments & Impact Analysis by Key Market Participants
- 7.2. Company Categorization
- 7.3. Company Market Positioning
- 7.4. Company Market Share Analysis, 2023
- 7.5. Company Heat Map Analysis, 2023
- 7.6. Strategy Mapping
- 7.7. Company Profiles
- 7.7.1. ETA Technology
- 7.7.1.1. Participant's Overview
- 7.7.1.2. Financial Performance
- 7.7.1.3. Product Benchmarking
- 7.7.1.4. Strategic Initiatives
- 7.7.2. YAMAZAKI MAZAK CORPORATION
- 7.7.2.1. Participant's Overview
- 7.7.2.2. Financial Performance
- 7.7.2.3. Product Benchmarking
- 7.7.2.4. Strategic Initiatives
- 7.7.3. FOOKE GmbH
- 7.7.3.1. Participant's Overview
- 7.7.3.2. Financial Performance
- 7.7.3.3. Product Benchmarking
- 7.7.3.4. Strategic Initiatives
- 7.7.4. PAR Systems
- 7.7.4.1. Participant's Overview
- 7.7.4.2. Financial Performance
- 7.7.4.3. Product Benchmarking
- 7.7.4.4. Strategic Initiatives
- 7.7.5. Hitachi Power Solutions Co., Ltd.
- 7.7.5.1. Participant's Overview
- 7.7.5.2. Financial Performance
- 7.7.5.3. Product Benchmarking
- 7.7.5.4. Strategic Initiatives
- 7.7.6. NITTO SEIKI CO., LTD.
- 7.7.6.1. Participant's Overview
- 7.7.6.2. Financial Performance
- 7.7.6.3. Product Benchmarking
- 7.7.6.4. Strategic Initiatives
- 7.7.7. Grenzebach Group
- 7.7.7.1. Participant's Overview
- 7.7.7.2. Financial Performance
- 7.7.7.3. Product Benchmarking
- 7.7.7.4. Strategic Initiatives
- 7.7.8. Bond Technologies
- 7.7.8.1. Participant's Overview
- 7.7.8.2. Financial Performance
- 7.7.8.3. Product Benchmarking
- 7.7.8.4. Strategic Initiatives
- 7.7.9. PTG
- 7.7.9.1. Participant's Overview
- 7.7.9.2. Financial Performance
- 7.7.9.3. Product Benchmarking
- 7.7.9.4. Strategic Initiatives
- 7.7.10. Groupe TRA-C industrie
- 7.7.10.1. Participant's Overview
- 7.7.10.2. Financial Performance
- 7.7.10.3. Product Benchmarking
- 7.7.10.4. Strategic Initiatives