Benelux Metal Fabrication Equipment

Benelux Metal Fabrication Equipment Market by Equipment Types (Machining, Cutting, and Other Equipment Types) and End-users (Manufacturing, Oil & Gas, Construction, Power & Utilities, and Other End-users) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: CM-1784
  • Author: Growth Market Reports
  • Rating: 4.9
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  • No. Of Pages: 216
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The Benelux metal fabrication equipment market size is anticipated to expand at a considerable CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the growing demand of metal fabrication equipment and machines.

Benelux Metal Fabrication Equipment Market

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

  •  Rising demand for metal fabrication machinery, equipments, and products is expected to spur the market during the forecast period.
  • Different applications in multiple industries including boiler manufacturing, spring manufacturing, and other industries are the major factors fueling the market.
  • Increasing demand in quality of final products is major factor spurring the growth of the Benelux metal fabrication equipment market.
  • Rapid growth of the automobile industry is raising the demand for metal works is key factors spurring the market during the forecast period.
  • High cost of equipments and raw materials used is projected to restrict the growth of the market.
  • Lack of awareness about the technological changes and innovations act as major challenge that can restrict the market growth during the forecast period.
  • 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

Details

Report Title

Metal Fabrication Equipment Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Equipment Types (Machining, Cutting, and Other Equipment Types) and End-users (Manufacturing, Oil & Gas, Construction, Power & Utilities, and Other End-users)

Regional Scope

Benelux

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

TRUMPF, Dalian Machine, Tool Group Corporation, DMG Mori Aktiengesellschaft, and Amada. 

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.

Benelux Metal Fabrication Equipment Market

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.

Benelux Metal Fabrication Equipment Market

Segments

Segments Covered in the Report

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.

Benelux Metal Fabrication Equipment Market

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 Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Metal Fabrication Equipment Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Metal Fabrication Equipment Demand Share Forecast, 2019-2026
6. North America Metal Fabrication Equipment Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Metal Fabrication Equipment Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Metal Fabrication Equipment Demand Share Forecast, 2019-2026
7. Latin America Metal Fabrication Equipment Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Metal Fabrication Equipment Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Metal Fabrication Equipment Demand Share Forecast, 2019-2026
8. Europe 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
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Metal Fabrication Equipment Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Metal Fabrication Equipment Demand Share Forecast, 2019-2026
9. Asia Pacific 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. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Metal Fabrication Equipment Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Metal Fabrication Equipment Demand Share Forecast, 2019-2026
10. Middle East & Africa 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. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Metal Fabrication Equipment Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Metal Fabrication Equipment Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Metal Fabrication Equipment Market: Market Share Analysis
  11.2. Metal Fabrication Equipment Distributors and Customers
  11.3. Metal Fabrication Equipment Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. TRUMPF Dalian Machine Tool Group Corporation DMG Mori Aktiengesellschaft  

Segments Covered in the Report

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 

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.

Benelux Metal Fabrication Equipment Market

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