Metal Fabrication Equipment Market Analysis, Future Developments, Growth Overview And Global Trends Is Expected To Reach $92.84 Billion By 2025, Says Million Insights

March 05 17:33 2021
Metal Fabrication Equipment Market Analysis, Future Developments, Growth Overview And Global Trends Is Expected To Reach $92.84 Billion By 2025, Says Million Insights

Million Insights – World’s Fastest Growing Market Research Database
According to new report available with Million Insights, the global metal fabrication equipment industry to register a CAGR of 3.90% by 2025. Report on is foretold to provide a robust support for market players to lay a solid foundation for their business growth. It includes a comprehensive evaluation of the market’s growth status and market risk.

The global Metal Fabrication Equipment Market size is anticipated to value USD 92.84 billion until 2025. It is also expected to register a CAGR of 3.90% over the forecasted years, 2018 to 2025. Rapid industrialization and rising demand for advanced infrastructure and products are projected to drive the market growth for fabrication equipment.

The metal cutting segment held the largest share across the global market, in 2017 on account of growing demand for metal cutting prevailing across the manufacturing sector. While the machining type segment is also estimated to account for substantial share across the global market, in 2017. This high share can be attributed to increasing number of job shops across developing regions.

To download the sample PDF of Global Metal Fabrication Equipment Market Report “Please” click here: https://www.millioninsights.com/industry-reports/global-metal-fabrication-equipment-market/request-sample

 

In 2017, the application segment of automotive accounted for significant share due to their rising adoption for producing automobiles and their auxiliary parts. On the other hand, the aerospace & defense segment also held substantial share owing to their usage for manufacturing of aircraft and carriers.

Asia Pacific held the largest share across the global market, in 2017 and generated revenue of USD 32.06 billion due to rising manufacturing industry across India, China and Japan. The, Europe accounted for the second-largest market share owing to rapid industrialization across Germany and France.

The metal fabrication equipment market includes key players such as Omax Corporation, Colfax Corporation, TRUMPF, Amada Corporation, and Jenoptik AG. They are constantly investing in R&D activities for product development and innovation to gain a competitive advantage and to widen their geographical reach.

To browse report summary & detailed TOC, “please” click the link below:
https://www.millioninsights.com/industry-reports/global-metal-fabrication-equipment-market

 

Further key findings from the report suggest:

• The metal cutting segment held the highest share across the global market in 2017.

• The automotive application segment is projected to generate revenue of USD 20.27 billion until 2025.

• In 2017, Asia Pacific generated revenue of USD 32.06 billion across the global market.

• The key players in this market are Omax Corporation, Colfax Corporation, TRUMPF, Amada Corporation, and Jenoptik AG.

Million Insights has segmented the global metal fabrication equipment market on the basis of type, application and region:

Metal Fabrication Equipment Type Outlook (Revenue, USD Billion, 2015 – 2025)
    • Cutting
    • Machining
    • Welding
    • Bending
    • Others

Metal Fabrication Equipment Application Outlook (Revenue, USD Billion, 2015 – 2025)
    • Job Shops
    • Automotive
    • Aerospace & Defense
    • Mechanical Application
    • Others

Metal Fabrication Equipment Regional Outlook (Revenue, USD Billion, 2015 – 2025)
    • North America
        • The U.S.
        • Canada
        • Mexico
    • Europe
        • Germany
        • Italy
    • Asia Pacific
        • China
        • India
        • Japan
        • South Korea
    • RoW

Read the Latest Press Releases available with Million Insights:

1. Vibration Control System Market – The global vibration control system market size is estimated to touch USD 6.7 billion by 2027, as per a new report by Million Insights. It is projected that the market would expand with 6.0% CAGR from 2020 to 2027.

2. Digital Experience Platform MarketThe global digital experience platform market size is anticipated to value USD 15.80 billion until 2025. It is also expected to register a CAGR of 10.9% over the forecasted years, 2019 to 2025.

About Million Insights

Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive market place that will enable you to compare data points, before you make a purchase. Enabling informed buying is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store, includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.

Media Contact
Company Name: Million Insights
Contact Person: Ryan Manuel
Email: Send Email
Phone: 91-20-65300184
Address:Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar
City: Pune
State: Maharashtra
Country: India
Website: https://www.millioninsights.com/industry-reports/global-metal-fabrication-equipment-market


Warning: count(): Parameter must be an array or an object that implements Countable in /home/indoreonlinejour/himachalpradeshnewspaper.com/wp-content/themes/gadgetine-theme/includes/single/post-tags-categories.php on line 7