Metal Fabrication Equipment Market Size, Share & Research Report 2022 to 2030
The global metal fabrication equipment market size is expected to be worth around US$ 150.6 billion by 2030, according to a new report by Vision Research Reports.
The global metal fabrication equipment market size was valued at US$ 70.3 billion in 2020 and is anticipated to grow at a CAGR of 5.9% during forecast period 2021 to 2030.
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Report Coverage
| Report Scope | Details |
| Market Size | US$ 150.6 Bn by 2030 |
| Growth Rate | CAGR of 5.9% From 2021 to 2030 |
| Base Year | 2021 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Type, Application |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Companies Mentioned | Amada Corporation, TRUMPF, and Bystronic Laser AG, Jenoptik AG; IPG Photonics; Jet Edge, Inc.; and Messer Cutting |
Growth Factors
The demand for metal fabrication equipment is dominated by applications such as job shops, automotive, and ancillary industries among others. The automotive industry, under continuous evolution in terms of technology and materials used, is a major application segment for the advanced state-of-the-art equipment. Changing technological and raw material requirements are a result of increased stringency of emission and safety norms imposed by governments across the globe.
Increasing demand for machining and metal processing in the developing countries is expected to drive the market. Asia Pacific is expected to lead the market over the forecast period.
By Type Analysis
The metal cutting equipment segment was held the highest revenue share of the market in 2020. It is expected to expand at a CAGR of 4.08% over the forecast period. Increasing demand from end-use industries such as automotive is expected to be a key factor driving the growth.
Machining equipment is also anticipated to register high demand across the verticals ranging from job shop to automotive to mechanical applications. The Asia Pacific machining equipment market is expected to expand at a CAGR of 5.23% over the forecast period.
By Application Analysis
The market for automotive applications is expected to reach USD 21.27 billion by 2030. The automotive industry is one of the largest demand generators owing to the continuously evolving designs and material combinations in the automobile manufacturing.
The aerospace and defense segment has the extensive utility of these equipment. The industry extensively requires fabricated metal sheets. The machines used in these sectors incorporate state-of-the-art technologies to maintain high precision and quality, as the industry outputs high value types.
By Regional Analysis
Asia Pacific is estimated to be valued at USD 35.06 billion in 2030 holding the majority of the market share. Developing economies such as India, China, and Indonesia among others coupled with industrialized nations such as Japan and South Korea help the region dominate the manufacturing industry in terms of demand along with the demand for metal fabrication equipment.
Europe is the second-largest market for metal fabricated equipment. The industrialized nations such as Germany, France, and Italy among others are expected to fuel the demand in near future.
Key Players
Amada Corporation, TRUMPF, and Bystronic Laser AG, Jenoptik AG; IPG Photonics; Jet Edge, Inc.; and Messer Cutting
Market Segmentation
- Type
- Cutting
- Machining
- Welding
- Bending
- Others
- Application
- Job Shops
- Automotive
- Aerospace & Defense
- Mechanical Application
- Others
- Regional
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Germany
- Italy
- Asia Pacific
- China
- India
- Japan
- South Korea
- RoW
- North America
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Reasons to Purchase this Report:
– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Metal Fabrication Equipment Market, By Type
7.1. Metal Fabrication Equipment Market, by Type, 2021-2030
7.1.1. Cutting
7.1.1.1. Market Revenue and Forecast (2017-2030)
7.1.2. Machining
7.1.2.1. Market Revenue and Forecast (2017-2030)
7.1.3. Welding
7.1.3.1. Market Revenue and Forecast (2017-2030)
7.1.4. Bending
7.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 8. Global Metal Fabrication Equipment Market, By Application
8.1. Metal Fabrication Equipment Market, by Application, 2021-2030
8.1.1. Job Shops
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Automotive
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Aerospace & Defense
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Mechanical Application
8.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Metal Fabrication Equipment Market, Regional Estimates and Trend Forecast
9.1. North America
9.1.1. Market Revenue and Forecast, by Type (2017-2030)
9.1.2. Market Revenue and Forecast, by Application (2017-2030)
9.1.3. U.S.
9.1.3.1. Market Revenue and Forecast, by Type (2017-2030)
9.1.3.2. Market Revenue and Forecast, by Application (2017-2030)
9.1.4. Rest of North America
9.1.4.1. Market Revenue and Forecast, by Type (2017-2030)
9.1.4.2. Market Revenue and Forecast, by Application (2017-2030)
9.2. Europe
9.2.1. Market Revenue and Forecast, by Type (2017-2030)
9.2.2. Market Revenue and Forecast, by Application (2017-2030)
9.2.3. UK
9.2.3.1. Market Revenue and Forecast, by Type (2017-2030)
9.2.3.2. Market Revenue and Forecast, by Application (2017-2030)
9.2.4. Germany
9.2.4.1. Market Revenue and Forecast, by Type (2017-2030)
9.2.4.2. Market Revenue and Forecast, by Application (2017-2030)
9.2.5. France
9.2.5.1. Market Revenue and Forecast, by Type (2017-2030)
9.2.5.2. Market Revenue and Forecast, by Application (2017-2030)
9.2.6. Rest of Europe
9.2.6.1. Market Revenue and Forecast, by Type (2017-2030)
9.2.6.2. Market Revenue and Forecast, by Application (2017-2030)
9.3. APAC
9.3.1. Market Revenue and Forecast, by Type (2017-2030)
9.3.2. Market Revenue and Forecast, by Application (2017-2030)
9.3.3. India
9.3.3.1. Market Revenue and Forecast, by Type (2017-2030)
9.3.3.2. Market Revenue and Forecast, by Application (2017-2030)
9.3.4. China
9.3.4.1. Market Revenue and Forecast, by Type (2017-2030)
9.3.4.2. Market Revenue and Forecast, by Application (2017-2030)
9.3.5. Japan
9.3.5.1. Market Revenue and Forecast, by Type (2017-2030)
9.3.5.2. Market Revenue and Forecast, by Application (2017-2030)
9.3.6. Rest of APAC
9.3.6.1. Market Revenue and Forecast, by Type (2017-2030)
9.3.6.2. Market Revenue and Forecast, by Application (2017-2030)
9.4. MEA
9.4.1. Market Revenue and Forecast, by Type (2017-2030)
9.4.2. Market Revenue and Forecast, by Application (2017-2030)
9.4.3. GCC
9.4.3.1. Market Revenue and Forecast, by Type (2017-2030)
9.4.3.2. Market Revenue and Forecast, by Application (2017-2030)
9.4.4. North Africa
9.4.4.1. Market Revenue and Forecast, by Type (2017-2030)
9.4.4.2. Market Revenue and Forecast, by Application (2017-2030)
9.4.5. South Africa
9.4.5.1. Market Revenue and Forecast, by Type (2017-2030)
9.4.5.2. Market Revenue and Forecast, by Application (2017-2030)
9.4.6. Rest of MEA
9.4.6.1. Market Revenue and Forecast, by Type (2017-2030)
9.4.6.2. Market Revenue and Forecast, by Application (2017-2030)
9.5. Latin America
9.5.1. Market Revenue and Forecast, by Type (2017-2030)
9.5.2. Market Revenue and Forecast, by Application (2017-2030)
9.5.3. Brazil
9.5.3.1. Market Revenue and Forecast, by Type (2017-2030)
9.5.3.2. Market Revenue and Forecast, by Application (2017-2030)
9.5.4. Rest of LATAM
9.5.4.1. Market Revenue and Forecast, by Type (2017-2030)
9.5.4.2. Market Revenue and Forecast, by Application (2017-2030)
Chapter 10. Company Profiles
10.1. Amada Corporation
10.1.1. Company Overview
10.1.2. Type Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. TRUMPF
10.2.1. Company Overview
10.2.2. Type Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. Bystronic Laser AG
10.3.1. Company Overview
10.3.2. Type Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. Jenoptik AG
10.4.1. Company Overview
10.4.2. Type Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. IPG Photonics
10.5.1. Company Overview
10.5.2. Type Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. Jet Edge, Inc
10.6.1. Company Overview
10.6.2. Type Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. Messer Cutting
10.7.1. Company Overview
10.7.2. Type Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
Chapter 11. Research Methodology
11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions
Chapter 12. Appendix
12.1. About Us
12.2. Glossary of Terms
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