Market Overview:
The global sheet metal forming machine 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 automobiles and consumer goods, and rising adoption of sheet metal forming machines in machine manufacturing applications. Based on type, the global sheet metal forming machine market is segmented into manual, semi-automatic, and automatic segments. The automatic segment is expected to grow at a higher CAGR than other segments during the forecast period owing to its high efficiency and productivity. Based on application, the global sheet metal forming machine market is segmented into automobile, electronics, consumer goods, machine manufacturing, and others applications.
Product Definition:
Sheet metal forming machine is a type of machine that is used to form sheet metal into different shapes. This machine is important because it helps to create different objects out of sheet metal. It can be used for a variety of purposes, such as creating parts for machines or vehicles, or creating household objects.
Manual:
Manual metal forming machines are used to form the metal into shapes and sizes. The manual sheet metal forming machine is driven by a person or persons through a series of gears and cams. These machines are mostly found in small shops where there is no need for automation as the productivity level is not very high, but rather suited for low volume production.
Semi-automatic:
Semi-automatic sheet metal forming machines are used to form flat or curved surfaces on both large and small sizes of sheets. Semi-automatic sheet metal forming machine is driven by a motor which can be operated by foot, touch screen or manually. It has the ability to perform multiple operations at the same time without any interruption in its work flow.
The semi-automatic sheet metalforming machine is equipped with tools such as die, molds.
Application Insights:
Automotive application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The rising demand for lightweight vehicles to improve fuel efficiency is expected to drive product demand in this application segment.
The electronics industry requires various types of sheet metal forming machines, including those that can form complex shapes into flat products with sharp edges and corners, such as circuit boards and electronic housing bodies. These machines are used on a daily basis by companies manufacturing electronic devices like smartphones, laptops, cameras etcetera globally. Other applications include consumer goods & appliances as well as machine manufacturing industries across the globe.
Regional Analysis:
Asia Pacific dominated the global sheet metal forming machine market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for consumer goods and automobiles. In addition, rising industrialization and improving economic conditions are likely to drive regional product demand over the coming years.
The Asia Pacific has been one of the largest manufacturing hubs for a large number of industries such as automotive, electronics, machinery, pharmaceuticals among others since last few decades due to low-cost labor force and raw material availability at its door steps thus making it an attractive destination for industry players as well as investors alike.
Europe was another major market that accounted for a share of more than 25% in terms of revenue in 2017 on account high consumption volume mainly attributed towards automobile production along with other applications including aerospace & defense equipment manufacturing which is further anticipated to fuel product demand over next eight years from 2018 till 2030 time frame).
Growth Factors:
- Increasing demand for lightweight and fuel-efficient vehicles
- Growing automotive industry in developing countries
- Rising demand for customized sheet metal parts
- Technological advancements in sheet metal forming machines
- Growing popularity of electric vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
Sheet Metal Forming Machine Market Research Report
By Type
Manual, Semi-automatic, Automatic
By Application
Automobile, Electronics, Consumer Goods, Machine Manufacturing, Others
By Companies
Siemens, igus, RS Components, Adendorff, American Machine Tool, MetalForming Inc., TENNSMITH, Grainger Industrial Supply, Bernardo, Baileigh Industrial, Siemens, MandM Group, F. J. Pistol Group, AMS Metals, Frisella Design, ForTonek, Samesor
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
129
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Sheet Metal Forming Machine Market Report Segments:
The global Sheet Metal Forming Machine market is segmented on the basis of:
Types
Manual, Semi-automatic, Automatic
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
Automobile, Electronics, Consumer Goods, Machine Manufacturing, 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:
- Siemens
- igus
- RS Components
- Adendorff
- American Machine Tool
- MetalForming Inc.
- TENNSMITH
- Grainger Industrial Supply
- Bernardo
- Baileigh Industrial
- Siemens
- MandM Group
- F. J. Pistol Group
- AMS Metals
- Frisella Design
- ForTonek
- Samesor
Highlights of The Sheet Metal Forming Machine 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:
- Manual
- Semi-automatic
- Automatic
- By Application:
- Automobile
- Electronics
- Consumer Goods
- Machine Manufacturing
- 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 Sheet Metal Forming Machine 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Sheet metal forming machines are used to create various shapes out of sheet metal. They can be used for things like car body panels, aircraft parts, and even large objects like boats.
Some of the key players operating in the sheet metal forming machine market are Siemens, igus, RS Components, Adendorff, American Machine Tool, MetalForming Inc., TENNSMITH, Grainger Industrial Supply, Bernardo, Baileigh Industrial, Siemens, MandM Group, F. J. Pistol Group, AMS Metals, Frisella Design, ForTonek, Samesor.
The sheet metal forming machine market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Sheet Metal Forming Machine 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 Sheet Metal Forming Machine Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Sheet Metal Forming Machine 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 Sheet Metal Forming Machine 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 Sheet Metal Forming Machine Market Size & Forecast, 2018-2028 4.5.1 Sheet Metal Forming Machine Market Size and Y-o-Y Growth 4.5.2 Sheet Metal Forming Machine Market Absolute $ Opportunity
Chapter 5 Global Sheet Metal Forming Machine 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 Sheet Metal Forming Machine Market Size Forecast by Type
5.2.1 Manual
5.2.2 Semi-automatic
5.2.3 Automatic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Sheet Metal Forming Machine 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 Sheet Metal Forming Machine Market Size Forecast by Applications
6.2.1 Automobile
6.2.2 Electronics
6.2.3 Consumer Goods
6.2.4 Machine Manufacturing
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sheet Metal Forming Machine 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 Sheet Metal Forming Machine 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 Sheet Metal Forming Machine Analysis and Forecast
9.1 Introduction
9.2 North America Sheet Metal Forming Machine 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 Sheet Metal Forming Machine Market Size Forecast by Type
9.6.1 Manual
9.6.2 Semi-automatic
9.6.3 Automatic
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 Sheet Metal Forming Machine Market Size Forecast by Applications
9.10.1 Automobile
9.10.2 Electronics
9.10.3 Consumer Goods
9.10.4 Machine Manufacturing
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 Sheet Metal Forming Machine Analysis and Forecast
10.1 Introduction
10.2 Europe Sheet Metal Forming Machine 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 Sheet Metal Forming Machine Market Size Forecast by Type
10.6.1 Manual
10.6.2 Semi-automatic
10.6.3 Automatic
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 Sheet Metal Forming Machine Market Size Forecast by Applications
10.10.1 Automobile
10.10.2 Electronics
10.10.3 Consumer Goods
10.10.4 Machine Manufacturing
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 Sheet Metal Forming Machine Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Sheet Metal Forming Machine 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 Sheet Metal Forming Machine Market Size Forecast by Type
11.6.1 Manual
11.6.2 Semi-automatic
11.6.3 Automatic
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 Sheet Metal Forming Machine Market Size Forecast by Applications
11.10.1 Automobile
11.10.2 Electronics
11.10.3 Consumer Goods
11.10.4 Machine Manufacturing
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 Sheet Metal Forming Machine Analysis and Forecast
12.1 Introduction
12.2 Latin America Sheet Metal Forming Machine 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 Sheet Metal Forming Machine Market Size Forecast by Type
12.6.1 Manual
12.6.2 Semi-automatic
12.6.3 Automatic
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 Sheet Metal Forming Machine Market Size Forecast by Applications
12.10.1 Automobile
12.10.2 Electronics
12.10.3 Consumer Goods
12.10.4 Machine Manufacturing
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) Sheet Metal Forming Machine Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Sheet Metal Forming Machine 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) Sheet Metal Forming Machine Market Size Forecast by Type
13.6.1 Manual
13.6.2 Semi-automatic
13.6.3 Automatic
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) Sheet Metal Forming Machine Market Size Forecast by Applications
13.10.1 Automobile
13.10.2 Electronics
13.10.3 Consumer Goods
13.10.4 Machine Manufacturing
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 Sheet Metal Forming Machine Market: Competitive Dashboard
14.2 Global Sheet Metal Forming Machine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Siemens
14.3.2 igus
14.3.3 RS Components
14.3.4 Adendorff
14.3.5 American Machine Tool
14.3.6 MetalForming Inc.
14.3.7 TENNSMITH
14.3.8 Grainger Industrial Supply
14.3.9 Bernardo
14.3.10 Baileigh Industrial
14.3.11 Siemens
14.3.12 MandM Group
14.3.13 F. J. Pistol Group
14.3.14 AMS Metals
14.3.15 Frisella Design
14.3.16 ForTonek
14.3.17 Samesor