Metal Fabrication Equipment market Review, Future Growth, Global Survey, In-depth Analysis Research Report 2019 To 2026
Global Metal Fabrication Equipment Market is accounted for $67.25 billion in 2017 and is expected to reach $110.35 billion by 2026 growing at a CAGR of 5.7%. Some of the factors influencing the market growth are the rise in population, increasing demand for aluminium and growing demand for machining and metal processing in the developing countries are fuelling the market. However, the high cost of raw materials is hampering market growth.
Metal fabrication is a method that includes making structures of metals by bending, cutting, and assembling. Metal fabrication is a value-added process that encompasses the construction of machines and other structures from various raw materials. Various applications such as automotive, job shops and secondary ventures among others are escalating the demand for metal fabrication equipment.
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Based on the product, the cutting segment commanded significant growth during the forecast period due to rising demand from end-use industries and the availability of cost-efficient labor and raw materials has induced several companies in the developed regions are favoring the market growth. By geography, Asia Pacific is expected to dominate the global market owing to increasing demand for several end-user industries in this region.
Some of the key players in the Metal Fabrication Equipment market include Matcor Matsu Group Inc, Omax Corporation, DMG Mori, Hindustan Machine Tools, Atlas Copco, IPG Photonics, AMADA Corporation, Kapco, Messer Cutting, Lancer Fabtech Pvt Ltd, Jenoptik AG, Defiance Metal Products, Bystronic Laser AG, BTD Manufacturing and Colfax Corporation.
Leading market players and manufacturers are studied to help give a brief idea about them in the report. The challenges faced by them and the reasons they are on that position is explained to help make a well informed decision. Competitive landscape of Metal Fabrication Equipment market is given presenting detailed insights into the company profiles, developments, merges, acquisitions, economic status and best SWOT analysis.
Key Insights that the report covers:
- Key drivers, restraints, and prevailing trends
- Market size, growth rate, and opportunities
- Market share and position of the top players
- PEST Analysis of the five major regions
- Detailed SWOT analysis of top 10 companies
- Recent developments and new product launches
- Major challenges faced by the market players
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Table of Contents
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Metal Fabrication Equipment Market, By Type
6 Global Metal Fabrication Equipment Market, By Equipment
7 Global Metal Fabrication Equipment Market, By End User
8 Global Metal Fabrication Equipment Market, By Application
9 Global Metal Fabrication Equipment Market, By Geography
10 Key Developments
11 Company Profiling
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