Sheet Metal Processing Equipment Market: Introduction

Sheet metal is metal shaped into flat and thin pieces by an industrial process. Sheet metals are widely used in many industries such as automotive and aerospace. They can be bent and cut in any form. Most of the mass production cars are made from sheet metals. Thus, sheet metals are the key materials of the automotive industry. In the aircraft manufacturing industry, use of sheet metals for making aircraft parts and bodies has increased due to their lightweight and high level of strength.

growth forecast sheet metal processing equipment market

Sheet Metal Processing Equipment Market: Competitive Landscape

Amada Co. Ltd.

Founded in 1951, Amada Co. Ltd is headquartered in Isehara, Kanagawa Prefecture, Japan. The company engages in the manufacture, sale, leasing, maintenance, repair, inspection and checking of metal working machinery and tools. Amada Co. Ltd. operates through the following business divisions: Metal Cutting Machine, Machine Tool, Stamping Press, Sheet Metal Fabrication Machine, Precision Welding Machine, and Others. The company operates in Asia, Europe, the Americas, and Africa.

Dalian Machine Tool Group

Incorporated in 1948, Dalian Machine Tool Group is based in Zone Dalian, Liaoning Province, China. The company manufactures industrial machinery equipment. It produces milling machines, engraving machines, lathes, bridge type machines, drilling machines etc..

To Get Glimpse of what our report offers, Ask for a Report Brochure here

DANOBATGROUP

Established in 1954, DANOBATGROUP is based in Elgoibar, Guipúzcoa, Spain. The company manufactures and supplies machine tools. Furthermore, it is specialized in developing advanced manufacturing solutions for different industrial sectors.

TRUMPF Group

Founded in 1923, TRUMPF Group is based in Ditzingen, Germany. The corporation is an expert in manufacturing of machine tools and lasers. Furthermore, it offers printing, drill driver, slat cleaners, welding, tube cutting, seam locker, power fastener, storage system, profile nibbler, marking, induction generators, and automation equipment. The company has 13,400 employees. It offers its products around the world.

FANUC Corporation

Incorporated in 1972, FANUC Corporation is located in Oshino, Yamanashi Prefecture, Japan. The company engages in development, manufacture, sale, and maintenance of computer numerical control (CNC) systems, robot systems, robo machines, lasers, robocut, roboshot, and Nano robots. FANUC Corporation operates through the following business divisions: factory automation (FA), robomachine and robot.

Some of the significant players in the sheet metal processing equipment market are DMG Mori Seiki Co., Ltd, Komatsu Ltd, Haas Automation, Inc., Makino Milling Machine Co., Ltd, and GF Machining Solutions.

Sheet Metal Processing Equipment Market: Dynamics

Increase in Demand from Automotive and Aerospace Industry

Expansion of the sheet metal processing equipment market can be attributed to the increase in demand from automotive and aerospace industries. Sheet metals are used as a prime material in car production in the automotive industry. Automobile sales in India are expected to increase due to key factors such as drop in price of crude oil and implementation of GST (Goods & Services Tax) that reduces the tax on vehicles. Thus, boost in the automotive industry is likely to impact the expansion of the sheet metal processing equipment market in India. Furthermore, sheet metal processing equipment such as laser cutting machines are being used increasingly in aircraft manufacturing for higher accuracy. Hence, several aircraft manufacturers are heavily investing in production expansion activities in order to meet the increase in demand. As a result, the sheet metal processing equipment market is likely to expand at an impressive pace in the next few years.

Increase in Use of Plastic and Carbon Fiber Reduces Application of Sheet Metal Processing Equipment

Plastic and carbon fiber based gears are easily available at low price. Furthermore, these gears enhance speed and fuel capacity of vehicles. Due to all these advantages, automobile manufacturers are increasingly adopting plastic and carbon fiber to replace metal gears. This is likely to hinder the market in the near future.

To Get a Bird’s Eye View of Market Forecast, Ask for a Custom Report here

market dynamics sheet metal processing equipment market

Sheet Metal Processing Equipment Market: Segmentation

The sheet metal processing equipment market can be segmented based on:

  • Type
  • Application
  • Region

Sheet Metal Processing Equipment Market Segmentation – By Type

Based on type, the sheet metal processing equipment market can be segregated into:

  • Metal Cutting
  • Metal Forming
  • Metal Welding

Sheet Metal Processing Equipment Market Segmentation – By Application

Depending on application, the sheet metal processing equipment market can be divided into:

  • Electronics
  • Automotive
  • Aerospace & Defense
  • Machinery Manufacturing
  • Others

The report on the sheet metal processing equipment market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The sheet metal processing equipment market report provides in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on sheet metal processing equipment market segments and geographies.

Regional analysis for the sheet metal processing equipment market includes:

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa (MEA)
  • South America
sheet metal processing equipment market

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Sheet Metal Processing Equipment Market

Pre Book