The global engineering machinery steel market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 5.2 billion by 2030. The growth of this market is driven by the increasing demand for engineering machinery in various industries such as construction, agriculture, and industrial machinery. The increasing demand for steel in these industries has led to an increase in the production of steel and consequently an increase in the demand for engineering machinery.
The global engineering machinery steel market can be segmented on the basis of type into plate, coil, and pipe; on the basis of application into construction machineries, agricultural machineries, and industrial machineries; and on the basis of region into North America (NA), Latin America (LA), Europe (EU), Asia Pacific (APAC) & Middle East & Africa (MEA).
Some Of The Growth Factors Of This Market:
- The demand for engineering machinery steel is driven by the need for more efficient and sustainable manufacturing processes, which in turn leads to increased production and consumption of engineering machinery steel.
- The increasing use of automation in manufacturing processes has led to an increase in the demand for engineering machinery steel as it helps reduce labor costs and improve efficiency levels.
- Increasing investments by governments in infrastructure development projects will also lead to an increase in the demand for engineering machinery steel as it helps create new jobs and boost economic growth rates across various sectors such as construction, transportation, power generation etc, thereby leading to increased production and consumption of engineering machinery steel across these sectors too.
- Increasing urbanization rates will also lead to an increase in the demand for engineered machines that are used extensively by industries such as construction, mining etc, thereby leading to increased production and consumption of engineered machines that are made out of high-quality materials like Engineering Machinery Steel.
Industry Growth Insights published a new data on “Engineering Machinery Steel Market”. The research report is titled “Engineering Machinery Steel Market research by Types (Plate, Coil, Pipe, Other), By Applications (Construction Machinery, Agricultural Machinery, Industrial Machinery, Other), By Players/Companies Gerdau S.A, ArcelorMittal, Tata Steel, Nippon Steel Sumitomo Metal, POSCO, ThyssenKrupp, JSW Steel, Essar Steel, TISCO, Southern Steel Company (SSC), Pomina, Krakatau Steel, Sahaviriya Steel Industries, G Steel PCL, SAMC, Capitol Steel, Hyundai Steel, Nucor Steel, Baosteel, Ansteel, Wuhan Iron and Steel, Shagang Group, Shandong Iron & Steel Group, Ma Steel, Bohai Steel, Shougang Group, Valin Steel, Anyang Iron & Steel Group, Baogang Group”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Engineering Machinery Steel Market Research Report
By Type
Plate, Coil, Pipe, Other
By Application
Construction Machinery, Agricultural Machinery, Industrial Machinery, Other
By Companies
Gerdau S.A, ArcelorMittal, Tata Steel, Nippon Steel Sumitomo Metal, POSCO, ThyssenKrupp, JSW Steel, Essar Steel, TISCO, Southern Steel Company (SSC), Pomina, Krakatau Steel, Sahaviriya Steel Industries, G Steel PCL, SAMC, Capitol Steel, Hyundai Steel, Nucor Steel, Baosteel, Ansteel, Wuhan Iron and Steel, Shagang Group, Shandong Iron & Steel Group, Ma Steel, Bohai Steel, Shougang Group, Valin Steel, Anyang Iron & Steel Group, Baogang Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Engineering Machinery Steel Market Report Segments:
The global Engineering Machinery Steel market is segmented on the basis of:
Types
Plate, Coil, Pipe, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Construction Machinery, Agricultural Machinery, Industrial Machinery, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Gerdau S.A
- ArcelorMittal
- Tata Steel
- Nippon Steel Sumitomo Metal
- POSCO
- ThyssenKrupp
- JSW Steel
- Essar Steel
- TISCO
- Southern Steel Company (SSC)
- Pomina
- Krakatau Steel
- Sahaviriya Steel Industries
- G Steel PCL
- SAMC
- Capitol Steel
- Hyundai Steel
- Nucor Steel
- Baosteel
- Ansteel
- Wuhan Iron and Steel
- Shagang Group
- Shandong Iron & Steel Group
- Ma Steel
- Bohai Steel
- Shougang Group
- Valin Steel
- Anyang Iron & Steel Group
- Baogang Group
Highlights of The Engineering Machinery Steel Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Plate
- Coil
- Pipe
- Other
- By Application:
- Construction Machinery
- Agricultural Machinery
- Industrial Machinery
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Engineering Machinery Steel Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Engineering machinery steel is a type of steel that is used in the manufacturing of machines and other equipment. It is a high-strength, low-alloy steel that can be machined easily and has good resistance to corrosion.
Some of the key players operating in the engineering machinery steel market are Gerdau S.A, ArcelorMittal, Tata Steel, Nippon Steel Sumitomo Metal, POSCO, ThyssenKrupp, JSW Steel, Essar Steel, TISCO, Southern Steel Company (SSC), Pomina, Krakatau Steel, Sahaviriya Steel Industries, G Steel PCL, SAMC, Capitol Steel, Hyundai Steel, Nucor Steel, Baosteel, Ansteel, Wuhan Iron and Steel, Shagang Group, Shandong Iron & Steel Group, Ma Steel, Bohai Steel, Shougang Group, Valin Steel, Anyang Iron & Steel Group, Baogang Group.
The engineering machinery steel market is expected to register a CAGR of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Engineering Machinery Steel 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. Engineering Machinery Steel Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Engineering Machinery Steel Market - Supply Chain
4.5. Global Engineering Machinery Steel Market Forecast
4.5.1. Engineering Machinery Steel Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Engineering Machinery Steel Market Size (000 Units) and Y-o-Y Growth
4.5.3. Engineering Machinery Steel Market Absolute $ Opportunity
5. Global Engineering Machinery Steel Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Engineering Machinery Steel Market Size and Volume Forecast by Type
5.3.1. Plate
5.3.2. Coil
5.3.3. Pipe
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Engineering Machinery Steel Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Engineering Machinery Steel Market Size and Volume Forecast by Application
6.3.1. Construction Machinery
6.3.2. Agricultural Machinery
6.3.3. Industrial Machinery
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Engineering Machinery Steel Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Engineering Machinery Steel Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Engineering Machinery Steel Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Engineering Machinery Steel Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Engineering Machinery Steel Demand Share Forecast, 2019-2026
9. North America Engineering Machinery Steel 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
9.2. North America Engineering Machinery Steel Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Engineering Machinery Steel Market Size and Volume Forecast by Application
9.4.1. Construction Machinery
9.4.2. Agricultural Machinery
9.4.3. Industrial Machinery
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Engineering Machinery Steel Market Size and Volume Forecast by Type
9.7.1. Plate
9.7.2. Coil
9.7.3. Pipe
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Engineering Machinery Steel Demand Share Forecast, 2019-2026
10. Latin America Engineering Machinery Steel 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. Latin America Average Pricing Analysis
10.2. Latin America Engineering Machinery Steel Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Engineering Machinery Steel Market Size and Volume Forecast by Application
10.4.1. Construction Machinery
10.4.2. Agricultural Machinery
10.4.3. Industrial Machinery
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Engineering Machinery Steel Market Size and Volume Forecast by Type
10.7.1. Plate
10.7.2. Coil
10.7.3. Pipe
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Engineering Machinery Steel Demand Share Forecast, 2019-2026
11. Europe Engineering Machinery Steel 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. Europe Average Pricing Analysis
11.2. Europe Engineering Machinery Steel Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Engineering Machinery Steel Market Size and Volume Forecast by Application
11.4.1. Construction Machinery
11.4.2. Agricultural Machinery
11.4.3. Industrial Machinery
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Engineering Machinery Steel Market Size and Volume Forecast by Type
11.7.1. Plate
11.7.2. Coil
11.7.3. Pipe
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Engineering Machinery Steel Demand Share, 2019-2026
12. Asia Pacific Engineering Machinery Steel 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. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Engineering Machinery Steel Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Engineering Machinery Steel Market Size and Volume Forecast by Application
12.4.1. Construction Machinery
12.4.2. Agricultural Machinery
12.4.3. Industrial Machinery
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Engineering Machinery Steel Market Size and Volume Forecast by Type
12.7.1. Plate
12.7.2. Coil
12.7.3. Pipe
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Engineering Machinery Steel Demand Share, 2019-2026
13. Middle East & Africa Engineering Machinery Steel Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Engineering Machinery Steel Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Engineering Machinery Steel Market Size and Volume Forecast by Application
13.4.1. Construction Machinery
13.4.2. Agricultural Machinery
13.4.3. Industrial Machinery
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Engineering Machinery Steel Market Size and Volume Forecast by Type
13.7.1. Plate
13.7.2. Coil
13.7.3. Pipe
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Engineering Machinery Steel Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Engineering Machinery Steel Market: Market Share Analysis
14.2. Engineering Machinery Steel Distributors and Customers
14.3. Engineering Machinery Steel Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Gerdau S.A
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ArcelorMittal
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Tata Steel
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Nippon Steel Sumitomo Metal
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. POSCO
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ThyssenKrupp
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. JSW Steel
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Essar Steel
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. TISCO
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Southern Steel Company (SSC)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Pomina
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Krakatau Steel
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Sahaviriya Steel Industries
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. G Steel PCL
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. SAMC
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Capitol Steel
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Hyundai Steel
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Nucor Steel
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Baosteel
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Ansteel
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
