Friction Welding Machine Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Friction welding (FRW) is a solid-state welding process that uses mechanical friction to generate heat between workpieces in relative motion, as well as a lateral force called "upset" to plastically displace and fuse the materials. Friction welding is not a fusion welding procedure, but rather a solid-state welding technique similar to forge welding, because no melting occurs. Friction welding is used in a range of aviation and automotive applications using metals and thermoplastics.

MARKET DYNAMICS

The key driving factors for friction welding machine market are, rising automation across industry verticals, technological advancements in welding technology, growing industrialization across the globe. Additionally, increasing demand of friction welding machine across verticals such as aerospace, automotive, marine is likely to propel market growth during the forecast period. Furthermore, advantages like, shorter welding time, easy to operate machine, requirement of less time for welding are expected to benefit market growth during the forecast period. However, high cost of the friction welding machine along with ability to work on smaller parts during process are expected to restrain market growth during the forecast period.

MARKET SCOPE

The "Global Friction Welding Machine Market Analysis to 2031" is a specialized and in-depth study of the Friction welding machine Market with a special focus on the global market trend analysis. The report aims to provide an overview of Friction welding machine market with detailed market segmentation by type and application. The global Friction welding machine market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Friction welding machine market player and offers key trends and opportunities in the Friction welding machine market.

MARKET SEGMENTATION

The global Friction welding machine market is segmented as, type and application. On the basis of type the market is segmented as, rotary friction welding, linear friction welding, friction stir welding. Further, on the basis of application the market is segmented as, automotive manufacturing, tool and machine manufacturing, aviation and shipbuilding.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Friction welding machine market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Friction welding machine market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting Friction welding machine Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the Friction welding machine market in these regions.

MARKET PLAYERS

The reports cover key developments in the Friction welding machine market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Friction welding machine market are anticipated to lucrative growth opportunities in the future with the rising demand for Friction welding machine market. Below mentioned is the list of few companies engaged in the Friction welding machine market.

The report also includes the profiles of key Friction welding machine market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

- STIRWELD
- Manufacturing Technology, Inc.
- KUKA AG
- ETA Technology
- RV Machine Tools
- US Korea Hotlink
- MTI
- Tap Master
- The Lincoln Electric Company
- Acceleration Enterprise

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Friction Welding Machine Report Scope