Global Friction Stir Welding Equipment Market Size & Outlook
Global friction stir welding equipment market, 2018-2030 (US$M)
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Global friction stir welding equipment market highlights
- The global friction stir welding equipment market generated a revenue of USD 232.7 million in 2023 and is expected to reach USD 363.2 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6.6% by 2030.
- In terms of segment, fixed fsw equipment accounted for a revenue of USD 232.7 million in 2023.
- Fixed FSW Equipment is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 232.7 million |
| Market revenue in 2030 | USD 363.2 million |
| Growth rate | 6.6% (CAGR from 2023 to 2030) |
| Largest segment | Fixed fsw equipment |
| Fastest growing segment | Fixed FSW Equipment |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fixed FSW Equipment |
Other key industry trends
- In terms of revenue, the North America accounted for 32.7% of the global friction stir welding equipment market in 2023.
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Friction Stir Welding Equipment Market Scope
Friction Stir Welding Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global friction stir welding equipment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to friction stir welding equipment market will help companies and investors design strategic landscapes.
Fixed fsw equipment was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Global friction stir welding equipment market based on fixed fsw equipment covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Friction Stir Welding Equipment Type Outlook (Revenue, USD Million, 2018-2030)
- Fixed FSW Equipment
- Mobile FSW Equipment
- Robotic FSW Equipment
- Others
- Global Friction Stir Welding Equipment End Use Outlook (Revenue, USD Million, 2018-2030)
- Aerosapce
- Automotive
- Shipbuilding
- Railways
- Others (electronics, construction, defense, and general manufacturing )
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Our clientele includes a mix of friction stir welding equipment market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global friction stir welding equipment market , including forecasts for subscribers. This global databook contains high-level insights into Global friction stir welding equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global friction stir welding equipment market size, by regions, 2018-2030 (US$M)
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