Market Overview:
The global metal shears 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 electric and pneumatic metal shears in various applications such as metal fabrication and general sheet metal cutting. Additionally, the growing construction industry is also expected to fuel the demand for metal shears in Asia Pacific and Middle East & Africa regions during the forecast period.
Product Definition:
A pair of scissors-like tools used to cut sheet metal. They have a long, curved blade that is held in one hand and a handle in the other.
Electric:
Electric metal shears are used for cutting different types of metals such as steel, aluminum, and other alloys. They are also known as electric shears or electric snips. The product is available in two forms which include cordless and corded models. Cordless type is battery-powered while the corded type requires an external power supply through plug-in batteries.
The demand for these products has increased over the past few years owing to technological advancements in terms of design.
Pneumatic:
Pneumatic metal shears are used for cutting different ferrous and non-ferrous metals such as steel, aluminum, cast iron, nickel alloys. Pneumatic metal shears have the ability to cut up to 8 inches of solid material. The pneumatic metal shear uses compressed air or steam for operating it’s mechanism.
Application Insights:
Metal work fabricationation application led the global market in 2017. This is attributed to increasing demand for high-quality shears from various end-use industries, such as automotive and transportation, construction and building, industrial machinery and equipment manufacturing, marine industry among others. In addition, rising preference for electric metal shears over their pneumatic counterparts due to improved performance characteristics is also expected to drive the segment growth over the forecast period.
General sheet metal cutting application segment is anticipated register a significant CAGR of XX% during the same period owing to increased product adoption across several industries worldwide including aerospace & defense where they are used for cutting metals sheets with thicknesses ranging from 0.1mm up to 12mm with high accuracy.
Regional Analysis:
Asia Pacific dominated the global metal shears market in 2017. The region is expected to witness a growth rate of 6.8% from 2018 to 2030, owing to the increasing demand for industrial machinery and rising construction activities in emerging economies such as China and India. In addition, growing automotive industry is also anticipated to drive product demand over the forecast period.
The Asia Pacific was followed by North America which accounted for a share of 24%. Growing automotive industry coupled with rapid industrialization has been one of the major factors driving product demand across this region since 2015. In addition, presence of numerous OEMs engaged in manufacturing vehicles on an assembly line basis is further expected to fuel regional growth over the next eight years or so until 2030 when compared with Europe and Latin America regions due hermetically sealing metal components against corrosion caused by moisture etc., thus making it suitable for use across harsh environmental conditions prevalent at high altitudes where there is little oxygen available (high altitude).
Growth Factors:
- Increasing demand for metal shears in the automotive and construction industries.
- Growing popularity of electric metal shears in the market.
- Rising demand for portable metal shears owing to their easy portability and maneuverability.
- Increasing use of metal shears in sheet-metal fabrication and other industrial applications.
Scope Of The Report
Report Attributes
Report Details
Report Title
Metal Shears Market Research Report
By Type
Electric, Pneumatic
By Application
Metal Work Fabrication, General Sheet Metal Cutting
By Companies
Bosch, Fein, Dewalt, DRACO POWER TOOLS, Genesis Power Tools, Milwaukee, Hi-Spec Tools, WEN Electric, Kett Tool Company, GISON Machinery, Michigan Pneumatic, Hitachi
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
130
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Metal Shears Market Report Segments:
The global Metal Shears market is segmented on the basis of:
Types
Electric, Pneumatic
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
Metal Work Fabrication, General Sheet Metal Cutting
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:
- Bosch
- Fein
- Dewalt
- DRACO POWER TOOLS
- Genesis Power Tools
- Milwaukee
- Hi-Spec Tools
- WEN Electric
- Kett Tool Company
- GISON Machinery
- Michigan Pneumatic
- Hitachi
Highlights of The Metal Shears 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:
- Electric
- Pneumatic
- By Application:
- Metal Work Fabrication
- General Sheet Metal Cutting
- 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 Metal Shears 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?
Metal Shears are a type of shear used to cut metal. They have a serrated blade on one side and a straight edge on the other, which allows them to cut through metal easily.
Some of the key players operating in the metal shears market are Bosch, Fein, Dewalt, DRACO POWER TOOLS, Genesis Power Tools, Milwaukee, Hi-Spec Tools, WEN Electric, Kett Tool Company, GISON Machinery, Michigan Pneumatic, Hitachi.
The metal shears 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 Metal Shears 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 Metal Shears Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Metal Shears 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 Metal Shears 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 Metal Shears Market Size & Forecast, 2018-2028 4.5.1 Metal Shears Market Size and Y-o-Y Growth 4.5.2 Metal Shears Market Absolute $ Opportunity
Chapter 5 Global Metal Shears 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 Metal Shears Market Size Forecast by Type
5.2.1 Electric
5.2.2 Pneumatic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Metal Shears 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 Metal Shears Market Size Forecast by Applications
6.2.1 Metal Work Fabrication
6.2.2 General Sheet Metal Cutting
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Metal Shears 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 Metal Shears 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 Metal Shears Analysis and Forecast
9.1 Introduction
9.2 North America Metal Shears 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 Metal Shears Market Size Forecast by Type
9.6.1 Electric
9.6.2 Pneumatic
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 Metal Shears Market Size Forecast by Applications
9.10.1 Metal Work Fabrication
9.10.2 General Sheet Metal Cutting
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 Metal Shears Analysis and Forecast
10.1 Introduction
10.2 Europe Metal Shears 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 Metal Shears Market Size Forecast by Type
10.6.1 Electric
10.6.2 Pneumatic
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 Metal Shears Market Size Forecast by Applications
10.10.1 Metal Work Fabrication
10.10.2 General Sheet Metal Cutting
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 Metal Shears Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Metal Shears 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 Metal Shears Market Size Forecast by Type
11.6.1 Electric
11.6.2 Pneumatic
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 Metal Shears Market Size Forecast by Applications
11.10.1 Metal Work Fabrication
11.10.2 General Sheet Metal Cutting
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 Metal Shears Analysis and Forecast
12.1 Introduction
12.2 Latin America Metal Shears 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 Metal Shears Market Size Forecast by Type
12.6.1 Electric
12.6.2 Pneumatic
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 Metal Shears Market Size Forecast by Applications
12.10.1 Metal Work Fabrication
12.10.2 General Sheet Metal Cutting
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) Metal Shears Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Metal Shears 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) Metal Shears Market Size Forecast by Type
13.6.1 Electric
13.6.2 Pneumatic
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) Metal Shears Market Size Forecast by Applications
13.10.1 Metal Work Fabrication
13.10.2 General Sheet Metal Cutting
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 Metal Shears Market: Competitive Dashboard
14.2 Global Metal Shears Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bosch
14.3.2 Fein
14.3.3 Dewalt
14.3.4 DRACO POWER TOOLS
14.3.5 Genesis Power Tools
14.3.6 Milwaukee
14.3.7 Hi-Spec Tools
14.3.8 WEN Electric
14.3.9 Kett Tool Company
14.3.10 GISON Machinery
14.3.11 Michigan Pneumatic
14.3.12 Hitachi