Market Overview:
The global melt shop automation and optimization services market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for melt shop automation and optimization services from various end-use industries, such as ferrous alloys, nonferrous alloys, scrap metal recycling, and others. In addition, the growing need for process optimization and manufacturing execution systems (MES) is also propelling the growth of this market. However, lack of awareness about these services among potential customers is restraining the growth of this market to some extent. On the basis of type, electric & automation solution held a major share in 2017.
Product Definition:
Melt shop automation and optimization services are used to improve the efficiency of a melt shop by automating various processes and optimizing the operation of the melt shop. The importance of Melt Shop Automation and Optimization Services is that it can improve the efficiency of a melt shop, which can lead to increased production and decreased costs.
Electric & Automation Solution:
Electric and automation solutions are used in the metal processing industry for various applications such as continuous casting, die casting, pressure molding, sheet metal processing and others. The increasing demand for these solutions from end-use industries is expected to drive market growth over the forecast period.
Metal fabrication companies use electric & automation systems to increase their production capacity by adding more machines or by changing the existing ones so that they can fulfill consumer demand better and increase profit margins.
Erection & Commissioning:
Erection and Commissioning are the processes of creating a new virtual machine instance or physical server, which is done to increase the capacity of a service. These services are also known as fresh instances or soft launches. They have several benefits such as increased capacity, low cost compared to buying additional servers, no need for dedicated hardware etc.
Erection & Commissioning in MSA (Melt Shop Automation).
Application Insights:
The application segment is segregated into ferrous alloys, nonferrous alloys, and scrap metal recycling. The ferrous alloys segment dominated the market in terms of revenue share in 2017. This can be attributed to the growing demand for products such as steel from construction and infrastructure development activities across various end-use industries globally. In addition, increasing investments by companies operating in the global manufacturing industry are expected to boost growth over the forecast period.
Nonferrous metals include aluminum and its alloys, magnesium metal &alloyes, titanium & titanium alloy (stainless), copper & its alloy (bronze), zinc blende/aluminum (cast) along with other base metals including iron & steel which make up a large proportion of automotive components or machinery used for industrial purposes globally. Recycling centers collect scrap metal that is usually made up of non-metallic materials such as rubber tires; plastic; electrical equipment; machine parts etc.
Regional Analysis:
Asia Pacific Melt Shop Automation and Optimization Services Market is expected to witness significant growth over the forecast period. The market in Asia Pacific was valued at USD X million in 2017 and is projected to grow at a CAGR of XX% from 2018 to 2030 owing to increasing investments by governments for infrastructure development along with rising industrial automation across various sectors such as automotive, construction, electrical & electronics among others.
The growing manufacturing sector coupled with increasing demand for scrap metal has led major players in the industry including SITA Technologies; Kuehne + Nagel GmbH; Shri Venkateshwara Metals Ltd.; Jain Ironsand Pvt Ltd.; Bajaj Alloys & Hardware Limited among others adopt electric furnace melt shop solutions across India and other South East Asian countries thereby driving regional growth over the forecast period.
Europe Melt Shop Automation.
Growth Factors:
- Increasing demand for processed food: The global population is growing at a rapid pace and so is the demand for processed food. This will drive the growth of Melt Shop Automation and Optimization Services market as well.
- Rising income levels: With rising income levels, people are able to afford better quality food products. This will lead to an increase in the demand for processed foods, which in turn will boost the Melt Shop Automation and Optimization Services market growth rate.
- Technological advancements: The automation of melt shops has led to significant improvements in terms of efficiency and output quality. This is likely to result in an increase in adoption rates, thereby propelling the Melt Shop Automation and Optimization Services market growth rate further forward.
Scope Of The Report
Report Attributes
Report Details
Report Title
Melt Shop Automation and Optimization Services Market Research Report
By Type
Electric & Automation Solution, Erection & Commissioning, Process Optimization, Manufacturing Execution Systems, Others, Melt Shop Automation and Optimization Service
By Application
Ferrous Alloys, Nonferrous Alloys, Scrap Metal Recycling, Others
By Companies
Primetals Technologies, Ami Automation, Danieli, Badische Stahl-Engineering GmbH, Brock Solutions, SMS group GmbH, INTECO Group, Tenova, Premier, GHI Group, Sarralle Group, Paul Wurth, PSImetals, CompAS Controls, Quad Engineering Inc, Stelter & Brinck, Melt Shop Automation and Optimization Service
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Melt Shop Automation and Optimization Services Market Report Segments:
The global Melt Shop Automation and Optimization Services market is segmented on the basis of:
Types
Electric & Automation Solution, Erection & Commissioning, Process Optimization, Manufacturing Execution Systems, Others, Melt Shop Automation and Optimization Service
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
Ferrous Alloys, Nonferrous Alloys, Scrap Metal Recycling, 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:
- Primetals Technologies
- Ami Automation
- Danieli
- Badische Stahl-Engineering GmbH
- Brock Solutions
- SMS group GmbH
- INTECO Group
- Tenova
- Premier
- GHI Group
- Sarralle Group
- Paul Wurth
- PSImetals
- CompAS Controls
- Quad Engineering Inc
- Stelter & Brinck
- Melt Shop Automation and Optimization Service
Highlights of The Melt Shop Automation and Optimization Services 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 & Automation Solution
- Erection & Commissioning
- Process Optimization
- Manufacturing Execution Systems
- Others
- Melt Shop Automation and Optimization Service
- By Application:
- Ferrous Alloys
- Nonferrous Alloys
- Scrap Metal Recycling
- 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 Melt Shop Automation and Optimization Services 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?
Melt Shop Automation and Optimization Services is a comprehensive solution that helps businesses automate their Melt Shop processes and optimize their website for better search engine ranking. Our team of experts will help you create an optimized Melt Shop website that meets your specific needs, while also ensuring optimal performance.
Some of the major players in the melt shop automation and optimization services market are Primetals Technologies, Ami Automation, Danieli, Badische Stahl-Engineering GmbH, Brock Solutions, SMS group GmbH, INTECO Group, Tenova, Premier, GHI Group, Sarralle Group, Paul Wurth, PSImetals, CompAS Controls, Quad Engineering Inc, Stelter & Brinck, Melt Shop Automation and Optimization Service.
The melt shop automation and optimization services market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Melt Shop Automation and Optimization Services 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. Melt Shop Automation and Optimization Services Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Melt Shop Automation and Optimization Services Market - Supply Chain
4.5. Global Melt Shop Automation and Optimization Services Market Forecast
4.5.1. Melt Shop Automation and Optimization Services Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Melt Shop Automation and Optimization Services Market Size (000 Units) and Y-o-Y Growth
4.5.3. Melt Shop Automation and Optimization Services Market Absolute $ Opportunity
5. Global Melt Shop Automation and Optimization Services 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. Melt Shop Automation and Optimization Services Market Size and Volume Forecast by Type
5.3.1. Electric & Automation Solution
5.3.2. Erection & Commissioning
5.3.3. Process Optimization
5.3.4. Manufacturing Execution Systems
5.3.5. Others
5.3.6. Melt Shop Automation and Optimization Service
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Melt Shop Automation and Optimization Services 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. Melt Shop Automation and Optimization Services Market Size and Volume Forecast by Application
6.3.1. Ferrous Alloys
6.3.2. Nonferrous Alloys
6.3.3. Scrap Metal Recycling
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Melt Shop Automation and Optimization Services 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. Melt Shop Automation and Optimization Services 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 Melt Shop Automation and Optimization Services 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. Melt Shop Automation and Optimization Services 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 Melt Shop Automation and Optimization Services Demand Share Forecast, 2019-2026
9. North America Melt Shop Automation and Optimization Services 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 Melt Shop Automation and Optimization Services 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 Melt Shop Automation and Optimization Services Market Size and Volume Forecast by Application
9.4.1. Ferrous Alloys
9.4.2. Nonferrous Alloys
9.4.3. Scrap Metal Recycling
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Melt Shop Automation and Optimization Services Market Size and Volume Forecast by Type
9.7.1. Electric & Automation Solution
9.7.2. Erection & Commissioning
9.7.3. Process Optimization
9.7.4. Manufacturing Execution Systems
9.7.5. Others
9.7.6. Melt Shop Automation and Optimization Service
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 Melt Shop Automation and Optimization Services Demand Share Forecast, 2019-2026
10. Latin America Melt Shop Automation and Optimization Services 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 Melt Shop Automation and Optimization Services 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 Melt Shop Automation and Optimization Services Market Size and Volume Forecast by Application
10.4.1. Ferrous Alloys
10.4.2. Nonferrous Alloys
10.4.3. Scrap Metal Recycling
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Melt Shop Automation and Optimization Services Market Size and Volume Forecast by Type
10.7.1. Electric & Automation Solution
10.7.2. Erection & Commissioning
10.7.3. Process Optimization
10.7.4. Manufacturing Execution Systems
10.7.5. Others
10.7.6. Melt Shop Automation and Optimization Service
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 Melt Shop Automation and Optimization Services Demand Share Forecast, 2019-2026
11. Europe Melt Shop Automation and Optimization Services 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 Melt Shop Automation and Optimization Services 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 Melt Shop Automation and Optimization Services Market Size and Volume Forecast by Application
11.4.1. Ferrous Alloys
11.4.2. Nonferrous Alloys
11.4.3. Scrap Metal Recycling
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Melt Shop Automation and Optimization Services Market Size and Volume Forecast by Type
11.7.1. Electric & Automation Solution
11.7.2. Erection & Commissioning
11.7.3. Process Optimization
11.7.4. Manufacturing Execution Systems
11.7.5. Others
11.7.6. Melt Shop Automation and Optimization Service
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 Melt Shop Automation and Optimization Services Demand Share, 2019-2026
12. Asia Pacific Melt Shop Automation and Optimization Services 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 Melt Shop Automation and Optimization Services 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 Melt Shop Automation and Optimization Services Market Size and Volume Forecast by Application
12.4.1. Ferrous Alloys
12.4.2. Nonferrous Alloys
12.4.3. Scrap Metal Recycling
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Melt Shop Automation and Optimization Services Market Size and Volume Forecast by Type
12.7.1. Electric & Automation Solution
12.7.2. Erection & Commissioning
12.7.3. Process Optimization
12.7.4. Manufacturing Execution Systems
12.7.5. Others
12.7.6. Melt Shop Automation and Optimization Service
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 Melt Shop Automation and Optimization Services Demand Share, 2019-2026
13. Middle East & Africa Melt Shop Automation and Optimization Services 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 Melt Shop Automation and Optimization Services 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 Melt Shop Automation and Optimization Services Market Size and Volume Forecast by Application
13.4.1. Ferrous Alloys
13.4.2. Nonferrous Alloys
13.4.3. Scrap Metal Recycling
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Melt Shop Automation and Optimization Services Market Size and Volume Forecast by Type
13.7.1. Electric & Automation Solution
13.7.2. Erection & Commissioning
13.7.3. Process Optimization
13.7.4. Manufacturing Execution Systems
13.7.5. Others
13.7.6. Melt Shop Automation and Optimization Service
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 Melt Shop Automation and Optimization Services Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Melt Shop Automation and Optimization Services Market: Market Share Analysis
14.2. Melt Shop Automation and Optimization Services Distributors and Customers
14.3. Melt Shop Automation and Optimization Services Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Primetals Technologies
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Ami Automation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Danieli
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Badische Stahl-Engineering GmbH
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Brock Solutions
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. SMS group GmbH
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. INTECO Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Tenova
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Premier
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. GHI Group
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Sarralle Group
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Paul Wurth
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. PSImetals
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. CompAS Controls
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Quad Engineering Inc
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Stelter & Brinck
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Melt Shop Automation and Optimization Service
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic
