Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 386.3 Million | USD 746.16 Million | 6.3% | 2024 |
The global friction stir welding (FSW) machine market size was worth around USD 386.3 Million in 2024 and is predicted to grow to around USD 746.16 Million by 2034 with a compound annual growth rate (CAGR) of roughly 6.3% between 2025 and 2034. The report analyzes the global friction stir welding (FSW) machine market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the friction stir welding (FSW) machine industry.
Friction stir welding (FSW) is a solid-state welding method that helps unite two workpieces without melting the material. It is based on the use of a non-consumable tool that rotates, plunges into the workpiece's interface, and moves through it using frictional heat to soften the material. It produces a junction that resembles those made by traditional welding procedures without using flux, filler metal, or shielding gas, and as a result, it has the special advantages of cost savings and weight reduction.
Increasing demand for friction stir welding equipment in the automotive industry to drive market growth during the forecast period.
The automotive sector uses friction stir welding equipment extensively for the welding of aluminum. The mechanical properties of rigidity, resistance to wear, and strength are imparted to the final products via this procedure. The global automotive industry generated nearly 3.2 trillion in 2022, and the introduction of electric cars is expected to spur this industry. Over the course of the forecast, this aspect is anticipated to fuel the market's expansion for friction stir welding equipment. Furthermore, friction stir welding technology has a low impact on the environment and has a little negative impact on human health. It also offers lower operating costs. As a result, friction stir welding equipment is used in numerous metal-processing applications in the automotive sector.
Friction stir welding uses no molten metal and doesn't produce any fumes, making it an ecologically friendly and energy-efficient process. As a solid-state process, friction stir welding totally eliminates a variety of drawbacks associated with conventional fusion welding techniques, such as cracking, porosity, shrinkage, and solidification. Moreover, the introduction of robotic friction stir welding for automotive applications is expected to expand the global friction stir welding machine market growth
High initial investment is likely to hamper market expansion
The significant initial investment required for this equipment is one of the friction stir welding machine market's constraints. These devices can be expensive to purchase, especially in sophisticated models with improved functions. The average cost of a friction stir welding (FSW) machine in the US is around USD 600,000. Small and medium-sized businesses and those with tight budgets may find it challenging to set aside the money needed to buy this equipment due to this pricing problem. This technology may not be widely adopted by enterprises due to the large initial investment needed, which would limit its application, especially among smaller industry participants.
Rising demand for advanced welding technologies in the aerospace and defense sectors
The aerospace and defense industries frequently work with complicated structures that call for exact manufacturing and assembly. These structures consist of things like missile bodies, engine parts, and aircraft frames. The correct joining of these intricate pieces while retaining structural integrity requires advanced welding processes. Both the aerospace and defense sectors are continuously looking for ways to lighten the weight of their systems and parts in order to increase their maneuverability and fuel efficiency, respectively. Sophisticated welding processes make it possible to create strong, dependable joints while using lightweight materials like titanium and sophisticated composites.
Safety is paramount in aerospace and defense applications. Welded joints must be exceptionally reliable to ensure the structural integrity of aircraft, spacecraft, and defense equipment. Advanced welding methods with stringent quality control measures help in producing welds that meet or exceed industry safety standards.
Limited application to challenge market cap growth
One of the biggest issues in the friction stir welding machine industry is that friction stir welding only has a limited number of applications. Metals with a lower thickness can only be friction stir welded. Because of the increased stress and temperature used during friction stir welding, the higher-temperature softening metals cannot be friction welded. Thus, it is anticipated that the global market for friction stir welding will face challenges throughout the estimated period due to a lack of applications and metals.
The Friction Stir Welding (FSW) Machine market is segmented based on equipment type, application, and region.
Based on equipment type, the market segments are mobile friction stir welding machines, fixed friction stir welding machines, and other equipment types. The fixed friction stir welding machine type is predicted to have a sizable share of the friction stir welding machine industry over the projection period. During friction stir welding, the work parts are transported on a stationary type of machine. The apparatus is made up of a horizontal platform and many extending arms that can hold different welding tools. Thanks to advancements in technology, the utilization of mobile friction stir welding machine technology has increased recently across a range of end-user sectors.
Based on application, the friction stir welding machine industry is categorized as aerospace, automotive, shipbuilding, railways, and others. In 2022, the railway segment accounted for over 44% of the overall share owing to high demand for the construction of new lines and track maintenance on account of its low cost as compared to other welding processes. The growth rate in this industry is also higher which further propels the need for friction stir equipment. The automotive industry is anticipated to develop at the fastest rate during the projection period due to rising demand for electrified and autonomous vehicles. Rising earnings, increased environmental consciousness, and increased investment in new technology are some of the factors that can be attributed to this expansion.
Report Attributes | Report Details |
---|---|
Report Name | Friction Stir Welding (FSW) Machine Market |
Market Size in 2024 | USD 386.3 Million |
Market Forecast in 2034 | USD 746.16 Million |
Growth Rate | CAGR of 6.3% |
Number of Pages | PagesNO |
Key Companies Covered | ESAB, Grenzebach Maschinenbau GmbH, Hitachi, PTG, Mazak Corporation, FOOKE GmbH, PaR Systems, Nitto Seiki, General Tool, Gatwick, Stirtec Gmbh, Bond Technologies, TRA-C industrie, U-Jin Tech, TWI Ltd, Beijing FSW, and others. |
Segments Covered | By Application, By Type of Material, By Machine Configuration, By End-User Industry, By Automation Level, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, The Middle East and Africa (MEA) |
Base Year | 2024 |
Historical Year | 2020 to 2024 |
Forecast Year | 2025 to 2034 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Asia Pacific to lead the market during the forecast period
Booming automotive, railway, aerospace, and defense industries are generating more revenue pockets for the friction stir welding machine industry in the Asia Pacific market. In 2022, the APAC region held a sizable portion of the market. Due to its many benefits in joining lightweight materials and vital applications, friction stir welding (FSW) equipment is highly sought after in APAC. The potential of FSW technology to produce high-quality, defect-free welds with higher mechanical properties is causing it to become more and more popular in the shipbuilding, aerospace, and automotive industries. Looking at the stats, China continues to be the world’s largest vehicle market by both annual sales and manufacturing output, with domestic production expected to reach 35 million vehicles by 2025. Based on data from the Ministry of Industry and Information Technology, over 26 million vehicles were sold in 2021. On the other side, India's defense production rose more than 12% in 2022 crossing the USD 12 billion threshold.
The region's aim for efficient and environmentally friendly manufacturing processes has also increased demand for FSW equipment. The automotive, railway, aerospace, and defense industry is growing rapidly in Asia Pacific, which is driving the demand for friction stir welding machine in the region.
The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market, including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the friction stir welding (FSW) machine market on a global and regional basis.
The friction stir welding (FSW) machine market is dominated by players like:
By Equipment Type
By Application
FrequentlyAsked Questions
Friction Stir Welding (FSW), a solid-state welding method that helps unite two workpieces without melting the material. It is based on the use of a non-consumable tool that rotates, plunges into the workpiece's interface, and moves through it using frictional heat to soften the material.
The global friction stir welding (FSW) machine market is expected to grow due to increasing demand for lightweight materials in aerospace and automotive industries, rising adoption of automation and robotics in manufacturing, and growing focus on producing high-quality, defect-free, and environmentally friendly welds.
According to a study, the global friction stir welding (FSW) machine market size was worth around USD 386.3 Million in 2024 and is expected to reach USD 746.16 Million by 2034.
The global friction stir welding (FSW) machine market is expected to grow at a CAGR of 6.3% during the forecast period.
North America is expected to dominate the friction stir welding (FSW) machine market over the forecast period.
Leading players in the global friction stir welding (FSW) machine market include ESAB, Grenzebach Maschinenbau GmbH, Hitachi, PTG, Mazak Corporation, FOOKE GmbH, PaR Systems, Nitto Seiki, General Tool, Gatwick, Stirtec Gmbh, Bond Technologies, TRA-C industrie, U-Jin Tech, TWI Ltd, Beijing FSW, among others.
The report explores crucial aspects of the friction stir welding (FSW) machine market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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