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The global blanking machine market size has the potential to grow by USD 362.17 million during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.
This report provides a detailed analysis of the market by geography (APAC, Europe, MEA, North America, and South America) and application (automotive, industrial machinery, consumer electronics, aerospace and defense, and others). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Autoprint Machinery Manufacturers Pvt. Ltd., Hagel Automation GmbH, HUBEI TRI-RING METALFORMING EQUIPMENT Co. Ltd., Komori Corp., Lapmaster Wolters GmbH, Sakamoto Zoki Co. Ltd., Schuler AG, Torontech Inc., Yutian UANCHOR Packaging Machinery Co. Ltd., and ZwickRoell GmbH & Co. KG.
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The market is fragmented, and the degree of fragmentation will remain the same during the forecast period. Yutian UANCHOR Packaging Machinery Co. Ltd. and ZwickRoell GmbH & Co. KG. are some of the major market participants. Although the accelerating growth momentum will offer immense growth opportunities, the increasing complexity of blanking product designs will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market position, this blanking machine market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and provides information on the products offered by various companies. Moreover, this blanking machine market analysis report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
This report provides information on the production, sustainability, and prospects of several leading blanking machine companies, including:
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APAC was the largest market for blanking machines in 2019, and the region offers several growth opportunities to market vendors during the forecast period. The availability of low-cost labor, skilled workforce, and strong growth of the manufacturing sector in the region will significantly influence the growth of the blanking machine market.
Over 57% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for blanking machines in APAC. Market growth in this region will be slower than the growth of the market in South America and MEA.
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The rising demand for automobiles and automotive parts will lead to the expansion and construction of new product plants, which in turn, will drive the need for various machine tools, including blanking machines. Moreover, the increasing competition that is encouraging manufacturers to offer highly differentiated products and the continuous advancement in blanking machines that have led to the introduction of laser blanking machines will also influence the adoption of blanking machines by the automotive industry.
However, market growth in this segment will be slower than the growth of the market in consumer electronics, industrial machinery, aerospace and defense, and others’ segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the blanking machine market size.
The need for high accuracy and automation in the blanking process has led to the adoption of CNC blanking machines. The use of computer-aided design (CAD) and computer-aided manufacturing (CAM) software to design CNC machine components is resulting in high levels of accuracy. Additionally, these machines reduce human effort and time and offer more accurate finishing than conventional blanking machines. For instance, the numerically controlled blanking machines from Sakamoto Zoki provide high precision and a user-friendly interface with color display panels, die locking systems by electric die holders, stable power, high rigidity, and significantly shortens the blanking time. The adoption of CNC blanking machines will significantly influence blanking machine market growth over the forecast period.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY APPLICATION
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
PART 15: EXPLORE TECHNAVIO
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