Friction Stir Welding Equipment Market
The market for Friction Stir Welding Equipment was estimated at $2.0 billion in 2024; it is anticipated to increase to $2.8 billion by 2030, with projections indicating growth to around $3.8 billion by 2035.
Global Friction Stir Welding Equipment Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Friction Stir Welding Equipment industry revenue is expected to be around $2.1 billion in 2025 and expected to showcase growth with 6.0% CAGR between 2025 and 2034. The increasing need for Friction Stir Welders is fueled by its importance across industries and highlights the growth potential of this technology field immensely valuable reasons such as the growing demand for top notch weld quality without defects are major driving factors alongside time saving benefits energy efficiency and versatility in various applications particularly its vital role in sectors like aerospace automotive and shipbuilding necessitates the adoption of Friction Stir Welders ensuring its continued relevance, in the market. The rise of Industry 4 intensifies this need as companies increasingly value more automated manufacturing processes, for improved efficiency.
Friction Stir Welding Equipment plays a role in a cutting edge welding method known for its distinct qualities that lower energy consumption and enhance weld strength while reducing imperfections in the process-a technique widely utilized in key industries, like automotive manufacturing and aerospace engineering for crafting durable structures from various metal alloys and materials of different compositions.
Market Key Insights
- The Friction Stir Welding Equipment market is projected to grow from $2.0 billion in 2024 to $3.6 billion in 2034. This represents a CAGR of 6%, reflecting rising demand across Aerospace Industry, Shipbuilding & Repair and Automotive Manufacturing.
- General Tool Company, Manufacturing Technology Inc., Friction Stir Link are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Friction Stir Welding Equipment market and are expected to observe the growth CAGR of 3.9% to 5.8% between 2024 and 2030.
- Emerging markets including India, Brazil and South Africa are expected to observe highest growth with CAGR ranging between 6.9% to 8.3%.
- Transition like Automation Revolution has greater influence in U.S. and Germany market's value chain; and is expected to add $97 million of additional value to Friction Stir Welding Equipment industry revenue by 2030.
- The Friction Stir Welding Equipment market is set to add $1.6 billion between 2024 and 2034, with manufacturer targeting Aerospace & Shipbuilding Application projected to gain a larger market share.
- With Technological advancements fueling growth, and Rapid industrialization upholding market surge, Friction Stir Welding Equipment market to expand 79% between 2024 and 2034.