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Asia Pacific Friction Stir Welding Equipment Market 2017-2022 | Overview By Leading Players - include Hitachi High-Technologies Corporation, Beijing FSW Technology Co Ltd., Manufacturing Technology Inc., The ESAB Group Inc., MegaStir, KUKA Systems GmbH an

09-19-2018 08:10 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Research Cosmos

/ PR Agency: Research Cosmos
Asia Pacific Friction Stir Welding Equipment Market

Asia Pacific Friction Stir Welding Equipment Market

Asia Pacific Friction Stir Welding Equipment Market Overview
Friction stir welding (FSW) is a solid state joining process that uses a non-consumable tool to assemble two work pieces without melting the material of the work piece. Invented in 1991, the friction and agitation welding process was developed and patented by the Welding Institute (TWI) in Cambridge, United Kingdom. The development of this process has been a significant change compared to conventional rotary movement and linear reciprocal friction welding processes. It provided great flexibility in the group of friction welding processes. The advantages of the process are derived from the fact that the FSW process is carried out in the solid phase below the melting point of the materials to be assembled. Additional benefits include its ability to join materials that are difficult to weld by welding.

According to the latest reports published by Research Cosmos, Asia Pacific Friction Stir Welding Equipment Market is projected to reach USD XX Million by 2022 growing at a CAGR of XX% during the forecast period 2017 to 2022.

Avail Sample of the Report @ https://www.researchcosmos.com/request/asia-pacific-friction-stir-welding-equipment-industry-resear/9943434

Drivers and Restraints:
One of the main drivers of this market is the growing demand of the automotive industry. With increasing competition and the need to reduce the weight of automobiles, the automotive industry tends to use more aluminum. The FSW process offers many potential advantages for aluminum welding because it is a robust process that can better manage the variations inherent in high volume production than other assembly processes. The Asia Pacific market for friction stir welding is very competitive and manufacturers need to understand the requirements of each end user and develop solutions accordingly. In order to understand the separate requirements for process monitoring and control, manufacturers of friction stir welding equipment must establish a cordial relationship with their customers. In addition, manufacturers must also work with industry groups involved in the development of standards and regulations. Conducting a promotional campaign and participating in industry exhibitions is crucial to the manufacturer's sustainability, as it raises awareness of the benefits of the products. The focus on product improvement through technology development remains the most ambitious strategy for manufacturers in the Asia Pacific friction stir welding market.

Geographic Segmentation:
On the basis of geography, Asia Pacific Fiction Stir Welding Equipment Market is segmented into regions such as South Korea, Indonesia, Japan, China, India, Vietnam, Thailand and Malaysia. APAC dominated the market in 2017 with a market share of almost 43% of the total revenue. It is expected that the market share occupied by this region will increase by almost 2% during the period 2017 to 2022.

Browse More Details of the Report and TOC @ https://www.researchcosmos.com/reports/asia-pacific-friction-stir-welding-equipment-industry-research-report-2017-market-analysis-develo/9943434

Key Players in Asia Pacific Fiction Stir Welding Equipment Market:
Major players competing in Asia Pacific Fiction Stir Welding Equipment Market include Hitachi High-Technologies Corporation, Beijing FSW Technology Co, Ltd., Manufacturing Technology Inc., The ESAB Group, Inc., MegaStir, KUKA Systems GmbH, ETA Technology Pvt. Ltd., Gatwick Technologies, EWI, Grenzebach Maschinenbau GmbH, General Tool Company, FOOKE GmbH, RV Machine Tools, PaR Systems, and SAPA Group among many others.

Scope of the report:
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.

The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided.

The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

Make an Inquiry before buying @ https://www.researchcosmos.com/inquire/asia-pacific-friction-stir-welding-equipment-industry-resear/9943434

Research Cosmos is a provider of standard and customized market research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending market reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and discloses the hidden opportunities in every leading industry of the world.

Kevin Stewart
Global Sales Manager
Research Cosmos
www.researchcosmos.com
Blog: https://acutemarketinsights.com
Blog: https://marketreportsweb.com/
kevin@researchcosmos.com
+1 888 709 8757

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