Market Overview:
The global machine shims market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for machine shims from various end-use industries, such as automotive, robotics, industrial, construction and others. In terms of type, the rubber segment is expected to lead the global machine shims market during the forecast period. This can be attributed to its properties such as high elasticity and resistance against corrosion and abrasion.
Product Definition:
Machine shims are thin, flat pieces of metal that are used to adjust the height or alignment of a machine component. They are inserted between two components to create a gap that can be adjusted with a wrench or screwdriver. Machine shims are important because they allow for precise adjustments to be made to machinery, ensuring that it functions properly.
Rubber:
Rubber is a durable, elastic, resilient material that is produced from the sap of rubber plants. It can be processed & molded into different shapes and sizes and has applications in various industries such as automotive, building & construction, consumer goods and others. The global market for rubber is expected to witness significant growth over the forecast period owing to its increasing demand in manufacturing machine shims.
Copper:
Copper is a soft, malleable metal that can be made into various shapes and sizes. It has excellent electrical and thermal properties which make it useful in manufacturing machine shims. Machine shims are used to reduce the thickness of components in order to fit them more accurately into their designated places.
Application Insights:
Automotive was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The global machine shims market has witnessed significant growth owing to rising demand for lightweight vehicles with better performance and fuel efficiency. Automotive applications include engine block, transmission, power trains (gear box & clutch), brake systems, body panels, chassis and others.
Robotics is projected to be one of the fastest-growing segments during the forecast period owing to increasing investments in robotics technology across various industries such as automotive & transportation; medical equipment; packaging; mining; military & defense among others. Increasing automation levels are likely to increase demand for robot parts which will further boost industry growth over the coming years.
Regional Analysis:
Asia Pacific dominated the global machine shims market in terms of revenue with a share of over 40.0% in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand from end-use industries, such as automotive and electronics, coupled with rapid industrialization and urbanization. In addition, rising disposable income levels are anticipated to fuel product demand further driving regional market growth.
The Asia Pacific was followed by North America which accounted for a major revenue share in 2017 owing to high production volumes across several industries including construction and manufacturing driven by increased consumer spending on advanced products that meet their needs better than before.
Growth Factors:
- Increasing demand from the automotive and aerospace industries for machine shims to improve the accuracy and performance of machines.
- Growing popularity of precision machining as a manufacturing process, which is driving the demand for machine shims.
- Rising awareness about the benefits of using machine shims among manufacturers, which is helping to boost demand for these products.
- Technological advancements in manufacturing processes that are resulting in increased use of machine shims across various industries.
- Growing number of OEMs and Tier 1 suppliers that are adopting machine shims as a preferred component in their supply chains
Scope Of The Report
Report Attributes
Report Details
Report Title
Machine Shims Market Research Report
By Type
Rubber, Copper, Paper, Others
By Application
Automotive, Robotics, Industrial, Construction, Others
By Companies
M, McMaster-Carr, PRUFTECHNIK, SKF, Weekes Forest Products, Nelson Wood Shims, SHI, Leatou, Roc-Master, Shanghai Suotuo Sealing Material, Sealpilot
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
155
Number of Tables & Figures
109
Customization Available
Yes, the report can be customized as per your need.
Global Machine Shims Market Report Segments:
The global Machine Shims market is segmented on the basis of:
Types
Rubber, Copper, Paper, Others
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
Automotive, Robotics, Industrial, Construction, Others
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:
- M
- McMaster-Carr
- PRUFTECHNIK
- SKF
- Weekes Forest Products
- Nelson Wood Shims
- SHI
- Leatou
- Roc-Master
- Shanghai Suotuo Sealing Material
- Sealpilot
Highlights of The Machine Shims 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:
- Rubber
- Copper
- Paper
- Others
- By Application:
- Automotive
- Robotics
- Industrial
- Construction
- Others
- 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 Machine Shims 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Machine shims are a type of tool used to adjust the size or shape of a part. They are inserted into the part and then moved around until they reach their desired position. This allows for accurate alignment and adjustment of the part, which can improve its performance.
Some of the major players in the machine shims market are M, McMaster-Carr, PRUFTECHNIK, SKF, Weekes Forest Products, Nelson Wood Shims, SHI, Leatou, Roc-Master, Shanghai Suotuo Sealing Material, Sealpilot.
The machine shims market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Machine Shims Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Machine Shims Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Machine Shims Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Machine Shims Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Machine Shims Market Size & Forecast, 2020-2028
4.5.1 Machine Shims Market Size and Y-o-Y Growth
4.5.2 Machine Shims Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Rubber
5.2.2 Copper
5.2.3 Paper
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Robotics
6.2.3 Industrial
6.2.4 Construction
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Machine Shims Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Machine Shims Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Rubber
9.6.2 Copper
9.6.3 Paper
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Robotics
9.10.3 Industrial
9.10.4 Construction
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size 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 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Rubber
10.6.2 Copper
10.6.3 Paper
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Robotics
10.10.3 Industrial
10.10.4 Construction
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size 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 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Rubber
11.6.2 Copper
11.6.3 Paper
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Robotics
11.10.3 Industrial
11.10.4 Construction
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Rubber
12.6.2 Copper
12.6.3 Paper
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Robotics
12.10.3 Industrial
12.10.4 Construction
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Rubber
13.6.2 Copper
13.6.3 Paper
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Robotics
13.10.3 Industrial
13.10.4 Construction
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Machine Shims Market: Competitive Dashboard
14.2 Global Machine Shims Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 M
14.3.2 McMaster-Carr
14.3.3 PRUFTECHNIK
14.3.4 SKF
14.3.5 Weekes Forest Products
14.3.6 Nelson Wood Shims
14.3.7 SHI
14.3.8 Leatou
14.3.9 Roc-Master
14.3.10 Shanghai Suotuo Sealing Material
14.3.11 Sealpilot
