AP NEWS
Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Friction Stir Welding Equipment Market 2020-2024 | Growing Demand from Automotive Industry to Boost Growth | Technavio

February 7, 2020 GMT
Friction Stir Welding Equipment Market 2020-2024 | Growing Demand from Automotive Industry to Boost Growth | Technavio
Friction Stir Welding Equipment Market 2020-2024 | Growing Demand from Automotive Industry to Boost Growth | Technavio

LONDON--(BUSINESS WIRE)--Feb 7, 2020--

Technavio has been monitoring the friction stir welding equipment market and it is poised to grow by USD 989.95 mn during 2020-2024, progressing at a CAGR of 10% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200207005277/en/

Technavio announced its latest market research report titled global friction stir welding equipment market 2020-2024. (Graphic: Business Wire)

Growing demand from automotive industry has been instrumental in driving the growth of the market. However, need for huge investments in R&D of new welding technology might hamper market growth. Request a free sample report

Friction Stir Welding Equipment Market 2020-2024: Segmentation

friction stir welding equipment market is segmented as below:

End-user

Product

Geographic segmentation

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40468

Friction Stir Welding Equipment Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our friction stir welding equipment market report covers the following areas:

This study identifies use of new materials by industries as one of the prime reasons driving the friction stir welding equipment market growth during the next few years.

Friction Stir Welding Equipment Market 2020-2024: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the friction stir welding equipment market , including some of the vendors such as Concurrent Technologies Corp., FOOKE GmbH, Gatwick Technologies Ltd., HFW Solutions LLC, Hitachi High-Technologies Corp., Manufacturing Technology Inc., Midea Group (KUKA AG), Norsk Hydro ASA, PaR Systems LLC and Yamazaki Mazak Corp. Backed with competitive intelligence and benchmarking, our research reports on the friction stir welding equipment market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

Register for a free trial today and gain instant access to 17,000+ market research reports.

Technavio’s SUBSCRIPTION platform

Friction Stir Welding Equipment Market 2020-2024: Key Highlights

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200207005277/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email:media@technavio.com

Website:www.technavio.com/

KEYWORD:

INDUSTRY KEYWORD: GENERAL AUTOMOTIVE OTHER AUTOMOTIVE AUTOMOTIVE

SOURCE: Technavio Research

Copyright Business Wire 2020.

PUB: 02/07/2020 06:30 PM/DISC: 02/07/2020 06:30 PM

http://www.businesswire.com/news/home/20200207005277/en