Friction Stir Welding Equipment Market 2022: Global Industry Size, Share, Outlook, Trends and Analysis by 2027
According to IMARC Group’s latest report, titled “ Friction Stir Welding Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027, ” the global friction stir welding equipment market size reached a value of US$ 198.5 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 293.9 Million by 2027, exhibiting at a CAGR of 6.59% during 2022-2027. Friction stir welding (FSW) refers to an advanced solid-state joining procedure that combines two confronting workpieces without melting the material. The procedure involves the generation of frictional heat, which softens the area between the rotating device and workpiece material and mechanically intermixes the two metal workpieces. FSW is primarily used for structures that require high welding quality on account of its unique advantages, including cost-savings and weight reduction properties. We are regularly tracking the direct effect of COVID-19 on the market, along with the