Market Overview:
The global sheet metal equipment 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 sheet metal equipment from various end-use industries, such as industrial, construction, automotive, and machinery manufacturing. In addition, the growing demand for customized sheet metal products is also contributing to the growth of this market. On the basis of type, the global sheet metal equipment market can be segmented into swaging machine, bending machine, shearing machine and other types. The bending machines segment is expected to account for a major share of this market in terms of revenue owing to its high usage in various end-use industries. On the basis of application, this market can be divided into industrial applications; construction applications; automotive applications; machinery manufacturing applications; and other applications such as defense & aerospace and marine engineering).
Product Definition:
Sheet metal equipment is a term used to describe any number of machines that are used to cut, shape, or form sheet metal. This type of equipment can include anything from lasers and plasma cutters to punches and brakes. Sheet metal is widely used in a variety of industries, so the importance of quality sheet metal equipment cannot be overstated.
Swaging Machine:
Swaging machines are used for converting circular or U-shaped metal sheets into rings. These rings can be further converted into belts, flanges, gaskets or other shapes as per the requirement of the equipment.
Swaging machine is mainly used to convert flat sheets into round ones which can be further processed using sheet metal equipment such as shears, bending machines and stamping machines etc.
Bending Machine:
Bending machine is a device used to form or bend metal sheets. It consists of two parallel plates, which are moved towards each other with the help of a lever until they touch and then the process of bending can begin. The bent piece will have a desired shape and size. There are different types of machines available in the market based on sheet capacity, power sources (electricity & fuel), speed range, material handling capabilities etc., among others.
Application Insights:
The application segment includes industrial, construction, automotive and machinery manufacturing. The industry has witnessed significant growth in the past few years owing to the growing demand for vehicles and machinery from various end-use industries. In addition, increasing infrastructure projects across the globe are expected to augment product demand over the forecast period.
The construction sector was one of the prominent sectors that benefitted significantly from metal cutting machines as they were essential tools for reducing costs and time while working on large scale projects such as building a bridge or an entire city. Sheet metal equipment is widely used in this sector due to its ability to produce complex shapes with high precision at low cost as compared to other alternatives such as 3D printing or CNC machining centers which are increasingly being adopted by major players operating in this market space.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand from countries such as China, India, Japan, and South Korea. These countries are involved in extensive industrialization that has led to an increase in production activities across a broad range of industries including automotive, construction & housing, manufacturing etc. This factor is anticipated to boost product demand further over the coming years.
The European sheet metal equipment market was valued at USD X million in 2017 owing to growing investments by governments for infrastructural development coupled with increasing automotive production activities within Europe especially Germany.
Growth Factors:
- Increasing demand for automobiles and transportation equipment
- Growing construction and infrastructure activities
- Rising demand from the consumer durables sector
- Proliferation of sheet metal fabrication shops across the globe
- Technological advancements in sheet metal equipment
Scope Of The Report
Report Attributes
Report Details
Report Title
Sheet Metal Equipment Market Research Report
By Type
Swaging Machine, Bending Machine, Shearing Machine, Other
By Application
Industrial, Construction, Automotive, Machinery Manufacturing, Other
By Companies
Amada, Trumpf, DMTG, DMG Mori, Komatsu, FANUC, Makino Milling Machine, Sandvik, Allied Machine & Engineering, BYJC-Okuma (Beijing) Machine Tools, Doosan Infracore, Fair Friend, GF Machining Solutions, Haas Automation, Hardinge, JTEKT, Kennametal
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Sheet Metal Equipment Market Report Segments:
The global Sheet Metal Equipment market is segmented on the basis of:
Types
Swaging Machine, Bending Machine, Shearing Machine, 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
Industrial, Construction, Automotive, Machinery Manufacturing, 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:
- Amada
- Trumpf
- DMTG
- DMG Mori
- Komatsu
- FANUC
- Makino Milling Machine
- Sandvik
- Allied Machine & Engineering
- BYJC-Okuma (Beijing) Machine Tools
- Doosan Infracore
- Fair Friend
- GF Machining Solutions
- Haas Automation
- Hardinge
- JTEKT
- Kennametal
Highlights of The Sheet Metal Equipment 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:
- Swaging Machine
- Bending Machine
- Shearing Machine
- Other
- By Application:
- Industrial
- Construction
- Automotive
- Machinery Manufacturing
- 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 Sheet Metal Equipment 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?
Sheet metal equipment is a category of industrial machinery that uses sheet metal to produce products. Sheet metal can be cut, formed, and welded into different shapes to create products such as parts for cars and aircraft.
Some of the key players operating in the sheet metal equipment market are Amada, Trumpf, DMTG, DMG Mori, Komatsu, FANUC, Makino Milling Machine, Sandvik, Allied Machine & Engineering, BYJC-Okuma (Beijing) Machine Tools, Doosan Infracore, Fair Friend, GF Machining Solutions, Haas Automation, Hardinge, JTEKT, Kennametal.
The sheet metal equipment market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Sheet Metal Equipment 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. Sheet Metal Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Sheet Metal Equipment Market - Supply Chain
4.5. Global Sheet Metal Equipment Market Forecast
4.5.1. Sheet Metal Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Sheet Metal Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. Sheet Metal Equipment Market Absolute $ Opportunity
5. Global Sheet Metal Equipment 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. Sheet Metal Equipment Market Size and Volume Forecast by Type
5.3.1. Swaging Machine
5.3.2. Bending Machine
5.3.3. Shearing Machine
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Sheet Metal Equipment 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. Sheet Metal Equipment Market Size and Volume Forecast by Application
6.3.1. Industrial
6.3.2. Construction
6.3.3. Automotive
6.3.4. Machinery Manufacturing
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Sheet Metal Equipment 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. Sheet Metal Equipment 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 Sheet Metal Equipment 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. Sheet Metal Equipment 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 Sheet Metal Equipment Demand Share Forecast, 2019-2026
9. North America Sheet Metal Equipment 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 Sheet Metal Equipment 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 Sheet Metal Equipment Market Size and Volume Forecast by Application
9.4.1. Industrial
9.4.2. Construction
9.4.3. Automotive
9.4.4. Machinery Manufacturing
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Sheet Metal Equipment Market Size and Volume Forecast by Type
9.7.1. Swaging Machine
9.7.2. Bending Machine
9.7.3. Shearing Machine
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 Sheet Metal Equipment Demand Share Forecast, 2019-2026
10. Latin America Sheet Metal Equipment 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 Sheet Metal Equipment 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 Sheet Metal Equipment Market Size and Volume Forecast by Application
10.4.1. Industrial
10.4.2. Construction
10.4.3. Automotive
10.4.4. Machinery Manufacturing
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Sheet Metal Equipment Market Size and Volume Forecast by Type
10.7.1. Swaging Machine
10.7.2. Bending Machine
10.7.3. Shearing Machine
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 Sheet Metal Equipment Demand Share Forecast, 2019-2026
11. Europe Sheet Metal Equipment 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 Sheet Metal Equipment 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 Sheet Metal Equipment Market Size and Volume Forecast by Application
11.4.1. Industrial
11.4.2. Construction
11.4.3. Automotive
11.4.4. Machinery Manufacturing
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Sheet Metal Equipment Market Size and Volume Forecast by Type
11.7.1. Swaging Machine
11.7.2. Bending Machine
11.7.3. Shearing Machine
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 Sheet Metal Equipment Demand Share, 2019-2026
12. Asia Pacific Sheet Metal Equipment 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 Sheet Metal Equipment 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 Sheet Metal Equipment Market Size and Volume Forecast by Application
12.4.1. Industrial
12.4.2. Construction
12.4.3. Automotive
12.4.4. Machinery Manufacturing
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Sheet Metal Equipment Market Size and Volume Forecast by Type
12.7.1. Swaging Machine
12.7.2. Bending Machine
12.7.3. Shearing Machine
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 Sheet Metal Equipment Demand Share, 2019-2026
13. Middle East & Africa Sheet Metal Equipment 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 Sheet Metal Equipment 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 Sheet Metal Equipment Market Size and Volume Forecast by Application
13.4.1. Industrial
13.4.2. Construction
13.4.3. Automotive
13.4.4. Machinery Manufacturing
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Sheet Metal Equipment Market Size and Volume Forecast by Type
13.7.1. Swaging Machine
13.7.2. Bending Machine
13.7.3. Shearing Machine
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 Sheet Metal Equipment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Sheet Metal Equipment Market: Market Share Analysis
14.2. Sheet Metal Equipment Distributors and Customers
14.3. Sheet Metal Equipment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Amada
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Trumpf
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. DMTG
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. DMG Mori
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Komatsu
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. FANUC
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Makino Milling Machine
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sandvik
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Allied Machine & Engineering
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. BYJC-Okuma (Beijing) Machine Tools
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Doosan Infracore
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Fair Friend
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. GF Machining Solutions
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Haas Automation
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Hardinge
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. JTEKT
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Kennametal
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
