Friction Welding Machine Market – Wide Array of Future Applications Boost Growth | Technavio

By , in PR PR Sci/Tech on .

LONDON–(BUSINESS WIRE)–Technavio research analysts predict the global friction welding machine market to grow at a CAGR of around 5% during the period 2018-2022, according to their latest report.

The advent of new technologies driven by the competitive landscape is a major trend being witnessed in the market. Technological innovations and advances both in terms of equipment as well as methodologies are a clear indication of the highly competitive landscape of the global welding industry. Many welding equipment manufacturers are concentrating on following two key technologies to maximize their capital budgets and to reduce and maintain operating costs, including welding automation and welding information management systems.

This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing

Save more with Technavio. Buy 2 reports and get the third for FREE: View all Technavio’s current offers

In this report, Technavio analysts have predicted the wide array of future applications as a key factor contributing to the growth of the global friction welding machine market:

Wide array of future applications

Friction welding is best suited for long, longitudinal weld configurations in lap, butt, butt/lap, and fillet joints on aluminum. This type of welding can be done to all light metals such as copper alloys, aluminum alloys, zinc, magnesium, and lead. Many high melting temperature alloys can also be friction-welded. Increasing environmental concerns are leading to the increased need to reduce weight in many vehicular applications. Aluminum is mainly used in transport vehicles such as trailers and trucks.

According to a senior analyst at Technavio for engineering tools, “Friction welding is used for redesigning cooling blocks in a heavy-duty cutting machine. In this process, two blocks are bonded by friction welding to form one structure instead of one single large extrusion. It is a cost-effective method of production. The penetration is about 15mm.”

Looking for more information on this market? Request a free sample report

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Global friction welding machine market segmentation

This market research report segments the global friction welding machine market into the following products (friction stir welding machines, linear friction welding machines, and rotary friction welding machines) and key regions (the Americas, APAC, and EMEA). It provides an exhaustive analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.

Based on product, the friction stir welding machines segment held the highest share of the global friction welding machine market in 2017 and is expected to dominate the market during the forecast period.

APAC held the largest share of approximately 38% of the global friction welding machine market in 2017. This region is expected to grow steadily and dominate the global market through the forecast period.

 

Save big with Technavio this May!

Find out what companies are venturing in to beat the heat this summer! Technavio indulges you with a massive 20% OFF on all non-alcoholic beverages reports for the entire month.

OR

Technavio honors the achievements and efforts of Motherhood this Mother's Day by offering a whopping 30% OFF on all cosmetics and toiletry reports. Offer valid from 7th May for a limited period.

 

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at [email protected].

The following two tabs change content below.
Maria Burns

Maria Burns

Maria is a Viral News Editor who graduated from the University Of California. She likes social media trends, being semi-healthy, Buffalo Wild Wings and vodka with lime. When she isn’t writing, Maria loves to travel. She last went to Thailand to play with elephants and is planning a trip to Bali.
%d bloggers like this: