Italy Metal Fabrication Equipment  Market

Italy Metal Fabrication Equipment Market

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Raksha

Author:

Raksha Sharma

Vineet

Fact-checked by:

Vineet Pandey

Rucha

Editor:

Rucha Phatak

The Italy metal fabrication equipment market size is estimated to expand at a considerable CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the rising demand for metal fabrication equipment and machining in the country.

Metal fabrication is the creation of machines, structures, and parts by using various raw materials by cutting, bending, and assembling process. Raw materials used for metal fabrication are plate metal, formed metal, welding wire or rod, tube stock, and casting.

Italy Metal Fabrication Equipment Market Outlook

Various fabrication shops have specialty process like powder coating and metallurgy. Human labor and automation both are used for manufacturing the metal fabrication equipment

Automation is gaining popularity as it lowers cost, increases productivity, provide flexibility, perform difficult & different tasks, and provide safety in the manufacturing process. Covid-19 impacted the Italy metal fabrication equipment market and companies are rearranging their working and operations and recovering from it.          

Italy Metal Fabrication Equipment Market Trends, Drivers, Restraints, and Opportunities

  •  Growing demand for fabricated metal products in the market is projected to spur the market during the forecast period.
  • Rapid growth of the metal and manufacturing industries and automobile industries are key factors boosting the market.
  • Increasing demand for enhanced quality of final products is major factor spurring the growth of the Italy metal fabrication equipment market.
  • High cost of metal fabrication equipment and raw materials which is not afforded by small scale industries is expected to hamper the market expansion.
  • 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 Italy Metal Fabrication Equipment Market Report

The report on the Italy 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

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

Base Year

2020      

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Types (Manual, Semi-Automatic, and Automatic), Equipment Types (Cutting, Machining, Forming, Welding, and Others) End-users (Manufacturing, Oil & Gas, Power & Utilities, Construction, and Others)

Regional Scope

Italy

Report Coverage

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

Key Players Covered in the Report

Colfax, DMG Mori Seiki Co. Ltd., BTD Manufacturing, Kapco, Mactor- Matsu Group Inc., and Merkul S.R.L

Italy Metal Fabrication Equipment Market Segment Insights

Type Segment Analysis

Based on types, the Italy metal fabrication equipment market is fragmented into manual, semi-automatic, and automatic. The automatic segment is expected to represent a key share of the market in the coming years due to its operational efficiencies to the metal fabrication manufacturers. It increases the rate of manufacturing process and leads to the creation of machines and equipments much faster.

Italy Metal Fabrication Equipment Market Type

Equipment Type Segment Analysis

On the basis of equipment types, the Italy metal fabrication equipment market is segregated into cutting, machining, forming, welding, and others. The cutting equipment segment is expected to hold a key share of the market and is anticipated to expand at a CAGR of 4.08% during the forecast period due to rising demand of end-users industries and continuous development of industrial sector in the country.

However, the machining equipment type is anticipated to expand at a rapid pace during the forecast period owing to increasing demand across small and medium scale industries and metal workshops in the country.

Italy Metal Fabrication Equipment Market Equipment Type

End-users Segment Analysis

In terms of end-users, the Italy metal fabrication equipment market is segregated into manufacturing, oil & gas, power & utilities, construction, and others. The manufacturing segment is expected to hold a key share of the market in the coming years owing to technological changes taking place in the manufacturing sector.

Manufacturing sector dominates the production of machines and equipments. Italy has its skilled and educated labors, better geographical position in Europe, and it provides the good quality products in the market.

Italy Metal Fabrication Equipment Market End-Users

Segments

The Italy metal fabrication equipment market has been segmented on the basis of

Types

  • Manual
  • Semi-Automatic
  • Automatic

Equipment Types

  • Cutting
  • Machining
  • Forming
  • Welding
  • Others

End-users

  • Manufacturing
  • Oil & Gas
  • Power & Utilities
  • Construction
  • Others

Key Players

Competitive Landscape

Key players competing in the Italy metal fabrication equipment market include Colfax, DMG Mori Seiki Co. Ltd., BTD Manufacturing, Kapco, Mactor- Matsu Group Inc., and Merkul S.R.L.

Some of these players are highly competitive and are engaged in continuous innovation and business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their profit margins and market shares.

Italy Metal Fabrication Equipment Market Key Players

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. Colfax DMG Mori Seiki Co. Ltd. BTD Manufacturing Kapco Mactor- Matsu Group Inc. Merkul S.R.L

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