Latin America Friction Stir Welding Equipment Market Size & Outlook

The friction stir welding equipment market in Latin America is expected to reach a projected revenue of US$ 20.5 million by 2030. A compound annual growth rate of 7.2% is expected of Latin America friction stir welding equipment market from 2024 to 2030.
Revenue, 2023 (US$M)
$12.6
Forecast, 2030 (US$M)
$20.5
CAGR, 2024 - 2030
7.2%
Report Coverage
Latin America

Latin America friction stir welding equipment market, 2018-2030 (US$M)

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Latin America friction stir welding equipment market highlights

  • The Latin America friction stir welding equipment market generated a revenue of USD 12.6 million in 2023.
  • The market is expected to grow at a CAGR of 7.2% from 2024 to 2030.
  • In terms of segment, fixed fsw equipment was the largest revenue generating type in 2023.
  • Fixed FSW Equipment is the most lucrative type segment registering the fastest growth during the forecast period.


Latin America data book summary

Market revenue in 2023USD 12.6 million
Market revenue in 2030USD 20.5 million
Growth rate7.2% (CAGR from 2023 to 2030)
Largest segmentFixed fsw equipment
Fastest growing segmentFixed FSW Equipment
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationFixed FSW Equipment
Key market players worldwideETA Technology, Yamazaki Mazak, FOOKE, PAR Systems, Hitachi Ltd, Nitto Denko Corp, Grenzebach Corporation, Bond Technologies


Other key industry trends

  • In terms of revenue, Latin America region accounted for 5.4% of the global friction stir welding equipment market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 101.9 million by 2030.

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Friction Stir Welding Equipment Market Scope

Friction stir welding equipment market segmentation & scope
Fixed FSW Equipment
Mobile FSW Equipment
Robotic FSW Equipment
Others
End Use
Aerosapce
Automotive
Shipbuilding
Railways
Others (electronics, construction, defense, and general manufacturing )
Countries
U.S.
Canada
Mexico
Germany
France
Spain
Italy
UK
Japan
China
India
South Korea
Australia
Brazil
Argentina
South Africa
Saudi Arabia
UAE

Friction Stir Welding Equipment Market Companies

Name Profile # Employees HQ Website

Latin America 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 Latin America friction stir welding equipment market based on fixed fsw equipment covering the revenue growth of each sub-segment from 2018 to 2030.


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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 continent-level data and insights on the Latin America friction stir welding equipment market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America friction stir welding equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America friction stir welding equipment market

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