Global Friction Welding Machine Market 2018-2022
About Friction Welding Machine
Friction welding is a solid-state welding process. The mechanical friction between the workpieces in relative motion to one another generates heat along with an additional lateral force called upset. This force is generally applied to plastically displace and fuse the materials. Friction welding is a forge welding technique, wherein no melting occurs unlike traditional processes like fusion welding.
Technavio’s analysts forecast the global friction welding machine market to grow at a CAGR of 4.92% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global friction welding machine market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Friction Welding Machine Market 2018-2022
Technavio recognizes the following companies as the key players in the global friction welding machine market: Chongqing Machinery & Electronics Holding (Group), Colfax Corporation, Hitachi High-Technologies Corporation, KUKA, Manufacturing Technology, and Sakae Industries.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is advent of new technologies driven by the competitive landscape. The global welding industry is highly competitive and due to this technological innovations and advances both in terms of equipment as well as methodologies are increasing. To maximize the capital budgets and to reduce and maintain operating costs, the welding equipment manufacturers are focusing on two major technologies such as welding automation and welding information management systems.”
According to the report, one driver in the market is wide array of future applications. Friction welding is best suited for long, longitudinal weld configurations in lap, butt, 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.
Further, the report states that one challenge in the market is growing popularity of laser welding technology. Innovations and advances in technology in the field of lasers have driven their growing popularity and adoption across industries worldwide. One of the most notable applications of lasers, which is gaining momentum, is laser welding technology.
Chongqing Machinery & Electronics Holding (Group)
Hitachi High-Technologies Corporation
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