Report Description
The Benelux metal fabrication equipment market size was USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of 3% during 2023–2031.The growth of the market is attributed to the growing demand of metal fabrication equipment and machines.
Metal fabrication is the creation of machines, structures, and parts by using various raw materials by cutting and burning, bending, forming, welding, machining, and assembling process. Metal fabrication equipments are used to remove material from a block of metal to build it in a shape. Raw materials used for metal fabrication are plate metal, formed metal, welding wire or rod, tube stock, and casting. Covid-19 impacted the Italy metal fabrication equipment market and companies are rearranging their working and operations and recovering from it.
Metal fabrication is important part of manufacturing industries for building metal components for different use. Favorable geographical location and logistic support for exports encourage international machine builders to set-up their manufacturing operations in the country. Different technological advancements including the implementation of internet of things and automation the metal fabrication equipment market provide better results to manufacturers. Automation is gaining popularity as it reduces cost, increases productivity, provide flexibility, perform difficult and different tasks, and provide safety in the manufacturing process.
Market Trends, Drivers, Restraints, and Opportunities
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Rising demand for metal fabrication machinery, equipments, and products is expected to spur the market during the forecast period.
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Different applications in multiple industries including boiler manufacturing, spring manufacturing, and other industries are the major factors fueling the market.
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Increasing demand in quality of final products is major factor spurring the growth of the Benelux metal fabrication equipment market.
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Rapid growth of the automobile industry is raising the demand for metal works is key factors spurring the market during the forecast period.
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High cost of equipments and raw materials used is projected to restrict the growth of the market.
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Lack of awareness about the technological changes and innovations act as major challenge that can restrict the market growth during the forecast period.
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R&D investment and technological advancement including automation and 3D printing are estimated to offer immense opportunities for the market players.
Scope of the Report
The report on the Benelux metal fabrication equipment market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Metal Fabrication Equipment Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Equipment Types (Machining, Cutting, and Other Equipment Types) and End-users (Manufacturing, Oil & Gas, Construction, Power & Utilities, and Other End-users)
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Regional Scope
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Benelux
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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TRUMPF, Dalian Machine, Tool Group Corporation, DMG Mori Aktiengesellschaft, and Amada.
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Market Segment Insights:
The machining segment is projected to account for a large market share
Based on equipment types, the Benelux metal fabrication equipment market is divided into machining, cutting, and other equipment types. The machining segment is expected to constitute a key share of the market during the forecast period owing to high usage of office supplies including paper clips and airplane parts which are boosting the metal forming machinery market. Various industries including automotive, consumer electronics and aerospace are demanding fabricated metal. Growing demand for machinery fabrication equipment in the country is fueling the market. On the other hand, the cutting equipment segment is anticipated to expand at a rapid pace during the forecast period due to growing demand of end-users industries and development of industrial sector in the country.
The manufacturing segment is projected to hold a major market share
On the basis of end-users, the Benelux metal fabrication equipment market is segmented into manufacturing, oil & gas, construction, power & utilities, and other end-users. The manufacturing end-user segment is expected to represent a key share of the market during the forecast period due to technological advancement in the manufacturing sector. There are large numbers of manufacturers from small companies to large corporation that produce variety of products. Belgium is one of the world’s leading manufacturers of copper, lead, radium, cobalt, and zinc. Manufacturing sector dominates the production of metal fabrication equipment.
Segments
The Benelux metal fabrication equipment market has been segmented on the basis of
Equipment Types
- Machining
- Cutting
- Other Equipment Types
End-users
- Manufacturing
- Oil & Gas
- Construction
- Power & Utilities
- Other End-users
Key Players
- TRUMPF
- Dalian Machine
- Tool Group Corporation
- DMG Mori Aktiengesellschaft
- Amada
Competitive Landscape
Key players competing in the Benelux metal fabrication equipment market include TRUMPF, Dalian Machine, Tool Group Corporation, DMG Mori Aktiengesellschaft, and Amada. Some of these players are engaged in several business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Metal Fabrication Equipment Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Metal Fabrication Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Metal Fabrication Equipment Market - Supply Chain
4.5. Global Metal Fabrication Equipment Market Forecast
4.5.1. Metal Fabrication Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Metal Fabrication Equipment Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Metal Fabrication Equipment Market Absolute $ Opportunity
5. Global Metal Fabrication Equipment Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Metal Fabrication Equipment Market Size and Volume Forecast by Types
5.3.1. Machining
5.3.2.
Cutting
5.3.3.
Other Equipment Types
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Metal Fabrication Equipment Market Analysis and Forecast by End Users
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by End Users
6.2.2. Y-o-Y Growth Projections by End Users
6.3. Metal Fabrication Equipment Market Size and Volume Forecast by End Users
6.3.1. Manufacturing
6.3.2.
Oil & Gas
6.3.3.
Construction
6.3.4.
Power & Utilities
6.3.5.
Other End-users
6.4. Absolute $ Opportunity Assessment by End Users
6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global Metal Fabrication Equipment Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Metal Fabrication Equipment Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Metal Fabrication Equipment Demand Share Forecast, 2019-2026
8. North America Metal Fabrication Equipment Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Metal Fabrication Equipment Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Metal Fabrication Equipment Market Size and Volume Forecast by Types
8.4.1. Machining
8.4.2.
Cutting
8.4.3.
Other Equipment Types
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America Metal Fabrication Equipment Market Size and Volume Forecast by End Users
8.7.1. Manufacturing
8.7.2.
Oil & Gas
8.7.3.
Construction
8.7.4.
Power & Utilities
8.7.5.
Other End-users
8.8. Basis Point Share (BPS) Analysis by End Users
8.9. Y-o-Y Growth Projections by End Users
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Metal Fabrication Equipment Demand Share Forecast, 2019-2026
9. Latin America Metal Fabrication Equipment Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Metal Fabrication Equipment Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Metal Fabrication Equipment Market Size and Volume Forecast by Types
9.4.1. Machining
9.4.2.
Cutting
9.4.3.
Other Equipment Types
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America Metal Fabrication Equipment Market Size and Volume Forecast by End Users
9.7.1. Manufacturing
9.7.2.
Oil & Gas
9.7.3.
Construction
9.7.4.
Power & Utilities
9.7.5.
Other End-users
9.8. Basis Point Share (BPS) Analysis by End Users
9.9. Y-o-Y Growth Projections by End Users
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Metal Fabrication Equipment Demand Share Forecast, 2019-2026
10. Europe Metal Fabrication Equipment Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Metal Fabrication Equipment Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Metal Fabrication Equipment Market Size and Volume Forecast by Types
10.4.1. Machining
10.4.2.
Cutting
10.4.3.
Other Equipment Types
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe Metal Fabrication Equipment Market Size and Volume Forecast by End Users
10.7.1. Manufacturing
10.7.2.
Oil & Gas
10.7.3.
Construction
10.7.4.
Power & Utilities
10.7.5.
Other End-users
10.8. Basis Point Share (BPS) Analysis by End Users
10.9. Y-o-Y Growth Projections by End Users
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Metal Fabrication Equipment Demand Share Forecast, 2019-2026
11. Asia Pacific Metal Fabrication Equipment Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Metal Fabrication Equipment Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Metal Fabrication Equipment Market Size and Volume Forecast by Types
11.4.1. Machining
11.4.2.
Cutting
11.4.3.
Other Equipment Types
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific Metal Fabrication Equipment Market Size and Volume Forecast by End Users
11.7.1. Manufacturing
11.7.2.
Oil & Gas
11.7.3.
Construction
11.7.4.
Power & Utilities
11.7.5.
Other End-users
11.8. Basis Point Share (BPS) Analysis by End Users
11.9. Y-o-Y Growth Projections by End Users
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Metal Fabrication Equipment Demand Share Forecast, 2019-2026
12. Middle East & Africa Metal Fabrication Equipment Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Metal Fabrication Equipment Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Metal Fabrication Equipment Market Size and Volume Forecast by Types
12.4.1. Machining
12.4.2.
Cutting
12.4.3.
Other Equipment Types
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa Metal Fabrication Equipment Market Size and Volume Forecast by End Users
12.7.1. Manufacturing
12.7.2.
Oil & Gas
12.7.3.
Construction
12.7.4.
Power & Utilities
12.7.5.
Other End-users
12.8. Basis Point Share (BPS) Analysis by End Users
12.9. Y-o-Y Growth Projections by End Users
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Metal Fabrication Equipment Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Metal Fabrication Equipment Market: Market Share Analysis
13.2. Metal Fabrication Equipment Distributors and Customers
13.3. Metal Fabrication Equipment Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. TRUMPF
13.4.2.
Dalian Machine
13.4.3.
Tool Group Corporation
13.4.4.
DMG Mori Aktiengesellschaft
13.4.5.
Amada