Friction Stir Welding Equipment Market: Trends, Innovations, and Growth Projections for 2024 to 2030
Friction Stir Welding Equipment Market The global friction stir welding equipment market size was estimated at USD 232.7 million in 2023 and is projected to grow at a CAGR of 6.6% from 2024 to 2030. The increasing demand for high-quality, cost-effective, and environmentally friendly welding technologies in industries such as aerospace, automotive, and shipbuilding is driving the growth of the friction stir welding (FSW) equipment market. FSW is a solid-state joining process that is particularly effective for welding lightweight alloys, providing superior joint strength and durability. Technological advancements in FSW equipment, such as robotic and mobile systems development, are further propelling market growth. These innovations enhance the versatility and efficiency of FSW processes, making them suitable for a wide range of applications. In addition, the growing focus on reducing manufacturing costs and improving product performance is driving the adoption of F...