New York, September 14, 2021/PRNewswire/-
According to Technavio's latest research report, the friction welding machine market is expected to grow by US$250.51 million between 2021 and 2025, with a compound annual growth rate of close to 2% during the forecast period. The report provides an up-to-date analysis of growth discrepancies and YOY growth rates.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Colfax Corp., ETA Technology Pvt. Ltd., FOOKE Gmbh, Gatwick Technologies Ltd., General Tool Co., Manufacturing Technology Inc., MIDEA GROUP, Norsk Hydro ASA, RV Machine Tools and Sakae Industries Co. Ltd. are some of the major Market participants. In order to take full advantage of opportunities, market suppliers should pay more attention to the growth prospects of fast-growing market segments, while maintaining their position in the slow-growing market segments.
The widespread application of friction welding machines in the future will help promote market growth. However, the increasing popularity of laser welding technology will hinder market growth.
2021-2025 Friction Welding Machine Market: Segmentation
The friction welding machine market segmentation is as follows:
Learn more about the future trends affecting the growth of the friction welding machine market. Download free samples: https://www.technavio.com/talk-to-us?report=IRTNTR46431
Industry-related reports include: Global Friction Stir Welding Equipment Market-The global friction stir welding equipment market is segmented by end users (automotive industry, aerospace industry, railway industry, shipbuilding industry, etc.) and geographic regions (Asia Pacific, North America, Europe) , South America and MEA). Download exclusive free sample report
Global Arc Welding Robot Market-The global arc welding robot market is segmented by product (consumable method and non-consumable method) and geography (Asia Pacific, Europe, North America, South America and MEA). Download exclusive free sample report
Friction Welding Machine Market 2021-2025: Scope
Technavio presents a detailed picture of the market through research, synthesis and aggregation of data from multiple sources. Our friction welding machine market report covers the following areas:
Friction welding machine market scale
Friction welding machine market trend
Industry analysis of friction welding machine market
This research shows that more and more thermoplastics use friction welding technology is one of the main reasons to promote the growth of the friction welding machine market in the next few years.
Friction Welding Machine Market 2021-2025: Supplier Analysis
We conducted a detailed analysis of approximately 25 suppliers operating in the friction welding machine market. With the support of competitive intelligence and benchmark tests, our research report on the friction welding machine market aims to provide support for entry support, customer information, mergers and acquisitions, and listing strategies.
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2021-2025 Friction Welding Machine Market: Main Highlights
The compound annual growth rate of the market during the forecast period 2021-2025
Detailed information on the factors that will contribute to the growth of the friction welding machine market in the next five years
Estimate the size of the friction welding machine market and its contribution to the mother market
Forecast of upcoming trends and changes in consumer behavior
The growth of the friction welding machine market
Analyze the market competition landscape and detailed supplier information
Comprehensive details of factors that will challenge the growth of suppliers in the friction welding machine market
Market Outlook: Forecast 2020-2025
Automotive-2020-2025 market size and forecast
Aerospace and defense-market size and forecast 2020-2025
Construction-2020-2025 market size and forecast
Marine-market size and forecast 2020-2025
Others-2020-2025 market size and forecast
Asia-Pacific Region-Market Size and Forecast 2020-2025
North America-Market Size and Forecast 2020-2025
Europe-2020-2025 market size and forecast
South America-Market Size and Forecast 2020-2025
MEA-2020-2025 market size and forecast
U.S. dollar currency exchange rate
Technavio is the world's leading technology research and consulting company. Their research and analysis focus on emerging market trends and provide actionable insights to help companies identify market opportunities and formulate effective strategies to optimize their market position. Technavio's report library has more than 500 professional analysts, including more than 17,000 reports, and it is constantly increasing, covering 800 technologies across 50 countries/regions. Their customer base includes companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio's comprehensive coverage, extensive research, and actionable market insight to identify opportunities in existing and potential markets, and evaluate their competitive position in changing market scenarios.
Technavio Research Jesse Maida Media and Marketing Director United States: +1 844 364 1100 United Kingdom: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ Report: www.technavio.com/report/friction- welding-machine market industry analysis
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