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Benelux Metal Fabrication Equipment Market Share 2031
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Benelux Metal Fabrication Equipment Market Share 2031

Segments - 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 2023 – 2031

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Author : Raksha Sharma
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Fact-checked by : V. Chandola
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Editor : Rucha Phatak

Upcoming | Report ID :CM-1784 | 4.1 Rating | 61 Reviews | 216 Pages | Format : PDF Excel PPT

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.

Benelux Metal Fabrication Equipment Outlook

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.

  • 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

2022

Historic Data

2016–2021

Forecast Period

2023–2031

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 Type

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 End-user

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.

Benelux Metal Fabrication Equipment Keyplayers

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

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