Industrial Punching Machines Market - Global Industry Analysis

Industrial Punching Machines Market

Industrial Punching Machines Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2026

Category: Heavy Industry Report Format : PDF Report Code: ZMR-6044 Status : Upcoming

Industrial Punching Machines Market

Description

Global Industrial Punching Machines Market: Overview

Industrial punching is one of the techniques that is been used in sheet metal forming. The punching machine that can cut, perforate, and shape metal sheets with the use of a matrix identical to a press or a punch carries out this process. The industrial punching technique enables effective, fast, and precise processes for forming metal parts from several industrial sectors. Thus, industrial punching machines play a vital role across different industries.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Global Industrial Punching Machines Market: Growth Factors

The global industrial punching machines market is growing at a significant rate. The rise in automated production and expanding packaging industry due to its growing demand are some of the primary factors that are majorly fostering the growth of the global industrial punching machines market. The traditional machining is operated with manual control through levers or hand wheels. The industrial punching machine as compared to the traditional equipment saves energy, material, efficiency, and also has low technical requirements as it is operated by commands programmed in the data storage medium. Industrial punching machines are majorly used in stamping and forming hardware parts including household appliances, electronics, communications, and transportation such as bicycles, motorcycles, and automobiles. In addition to this, these machines provide high rigidity, stable high precision, safe & reliable operation performance, high efficiency, and labor-saving. All these factors are equally contributing to the growth of the global market. Moreover, huge investments by the major players for novel designs & additional features, growing demand from the metal industry, and technological advancements are also the prime aspects that are driving the growth of the market. Furthermore, the introduction of cutting-edge robots in the punching industry may open beneficiary opportunities for the growth of the global industrial punching machines market during the forecast period. However, the high cost associated with the industrial punching machines may hinder the growth of the global industrial punching machines market.

The Covid-19 pandemic has led to a global economic crisis as it adversely affected the business sectors across the world. To curb the rapidly spreading virus, most of the countries immediately imposed complete lockdown and restriction on movement. Owing to such strict regulations, the processes in the manufacturing units were ceased temporarily. The packaging and metal industry is also severely hit by the pandemic as it affected the demand and supply of the products. Thus, with the decline in the demand from the end-users, the demand for industrial punching machines also decreased. This affected the growth of the global industrial punching machines market during the outbreak of Covid-19.

Global Industrial Punching Machines Market: Segmentation

The global industrial punching machines market is categorized based on the operation, product type, end use, and region. Based on the operation, the global industrial punching machines market is fragmented into automatic and semi-automatic. Based on the product type, the global market is bifurcated into pneumatic and electric. The end use sector is split into metal working, manufacturing, packaging, and others.

Global Industrial Punching Machines Market:  Regional Analysis

Region-wise, in terms of revenue, North America is projected to hold the largest share in the global industrial punching machines market during the forecast period. Factors such as rise in production processes, industries rapidly adopting advanced technologies, and expanding manufacturing sectors are contributing to the growth of the market in North America. Europe is also anticipated to grow at a healthy rate owing to heavy investments by the market players in innovative design and upgraded features of the industrial punching machine. While, Asia Pacific is estimated to be the fastest growing region due to manufacturing sectors leaning towards automation to reduce the labor cost, rapid industrialization in countries like India, Japan & China, and growing demand for punching machines from the metal industry.

Global Industrial Punching Machines Market: Competitive Analysis

The global industrial punching machines market is highly competitive. To sustain in the market, the key players are majorly involved in the making business strategies, mergers & acquisitions, and launch of innovative features. Some of the key players operating in the global industrial punching machines market are GF Machining Tools, Allied Machine and Engineering, TRUMPF, FANUC, Amada Co., Ltd, Doosan Infracore, Dalian Machine Tool Group, and Amada Co., Ltd. among others.

Global Industrial Punching Machines Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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FrequentlyAsked Questions

The global industrial punching machines market is growing at a significant rate. The rise in automated production and expanding packaging industry due to its growing demand are some of the primary factors that are majorly fostering the growth of the global industrial punching machines market. Furthermore, the introduction of cutting-edge robots in the punching industry may open beneficiary opportunities for the growth of the global industrial punching machines market during the forecast period.

The global industrial punching machines market is highly competitive. To sustain in the market, the key players are majorly involved in the making business strategies, mergers & acquisitions, and launch of innovative features. Some of the key players operating in the global industrial punching machines market are GF Machining Tools, Allied Machine and Engineering, TRUMPF, FANUC, Amada Co., Ltd, Doosan Infracore, Dalian Machine Tool Group, and Amada Co., Ltd. among others.

Region-wise, in terms of revenue, North America is projected to hold the largest share in the global industrial punching machines market during the forecast period. Factors such as rise in production processes, industries rapidly adopting advanced technologies, and expanding manufacturing sectors are contributing to the growth of the market in North America.

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