Europe Metal Fabrication Equipment Market - Growth, Trends, and Forecast (2019 - 2024)

The Europe Metal Fabrication Equipment Market is Segmented by Service Type (Machining, Cutting, Welding, Forming, and Other Service Types) and End-user Industries (Automotive, Construction, Aerospace, Electrical and Electronics, and Other End-user Industries).

Market Snapshot

market size
Study Period:

2015-2024

Base Year:

2018

CAGR:

3.9%

Key Players:

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Market Overview

The European metal fabrication equipment market is expected to register a value of over EUR 30 billion in 2019 and witness a stable growth during the forecast period.

  • The European metal fabrication equipment market is dominated by Germany and Italy, together accounting for more than 50% of the regions market share in 2017.
  • Europe accounted for ~20% of the global automobile production in 2017 and is expected to increase in the coming years. Automotive is one of the major sectors in Europe (primarily in Germany and Italy) which is expected to increase the demand for metal fabrication equipment in the region.
  • Industry 4.0 and internet of things, data analytics, additive manufacturing, and augmented reality are the major technological developments in the metal fabrication equipment industry. Augmented reality (AR) can be implemented in operations, maintenance, safety management, design and prototyping, training, and quality control. For instance, AR can transform manufacturing operations procedures through the visualization and simplification of step-by-step installation processes, assembly, and machine tools change.

Scope of the Report

This report aims to provide a detailed analysis on the metal fabrication equipment market in Europe. It focuses on the market dynamics, technological trends, and insights on the major end-user segments and various service types, such as machining and cutting in the European metal fabrication market. In addition to this, it analyses the major players and the competitive landscape in the metal fabrication equipment market in Europe.

Service type
Machining
Cutting
Welding
Forming
Other Service Types
End-user Industries
Automotive
Construction
Aerospace
Electrical and Electronics
Other End-user Industries

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Key Market Trends

Growing Demand from the Manufacturing and Automotive Sectors

  • Automotive sector is one of the major end-user segments for the metal fabrication equipment market in Europe. The production in the European automotive sector is more than 20% of the overall global production.
  • The number of motor vehicles produced by the European countries was approximately 99 million units in the year 2017.
  • The rising demand from the Asian countries for motor vehicles from Europe is expected to increase the production volume in future years. This need to increase in the production volume of motor vehicles is expected to drive the metal fabrication equipment market in the region.
  • Companies in the automotive sector focus on improving their operational efficiency to save both cost and time shifts their focus on implementing latest technologies into their manufacturing process, which in turn increases the demand for technologically advanced metal fabrication equipment, such as a 6-axis machining center.
Trend 1

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Rising Technological Innovations in Metal Fabrication Industry

  • Automation, additive manufacturing, and the implementation of industry 4.0 in manufacturing process are gaining importance among the metal fabrication equipment manufacturers as they provide various benefits, such as improving operational efficiencies to the metal fabrication service providers.
  • For instance, one of the major metal fabrication equipment manufacturers, Trumpf, has introduced innovative laser technology products, such as new diode laser technology, in the market which is likely to promote the concept of green production.
  • Industry 4.0 focuses primarily on automation. ICT technologies are integrated into the manufacturing processes at a faster rate as new technologies emerge in the market. Digitization of organizations, machines and other manufacturing resources leads to the creation of smart factories/workshops in processes, people, and machines that are constantly connected to deliver effective results.
  • Industry 4.0 technology is prompting the emergence of new production methods, new business models and new sectors in the manufacturing industry, allowing for continuous optimization of the production processes.
Trend 2

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Competitive Landscape

The report covers the major players operating in the European metal fabrication equipment market in Europe. In terms of market share, a few of the major players currently dominate the market studied. However, they face stiff competition from medium-sized and smaller companies and regional players, who focus on providing custom equipment in the market studied.

Major Players

  1. TRUMPF GmbH
  2. Dürr AG
  3. Amada
  4. GF Machining Solutions
  5. DMG MORI

* Complete list of players covered available in the table of contents below

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Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

    1. 2.1 Analysis Methodology

    2. 2.2 Research Phases

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET INSIGHTS AND DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Growth Drivers

    3. 4.3 Market Challenges

    4. 4.4 Market Opportunities

    5. 4.5 Value Chain/Supply Chain Analysis

    6. 4.6 Industry Attractiveness - Porter's Five Force Analysis

      1. 4.6.1 Threat of New Entrants

      2. 4.6.2 Bargaining Power of Buyers/Consumers

      3. 4.6.3 Bargaining Power of Suppliers

      4. 4.6.4 Threat of Substitute Products

      5. 4.6.5 Intensity of Competitive Rivalry

    7. 4.7 Technological Snapshot

  5. 5. MARKET SEGMENTATION

    1. 5.1 Service type

      1. 5.1.1 Machining

      2. 5.1.2 Cutting

      3. 5.1.3 Welding

      4. 5.1.4 Forming

      5. 5.1.5 Other Service Types

    2. 5.2 End-user Industries

      1. 5.2.1 Automotive

      2. 5.2.2 Construction

      3. 5.2.3 Aerospace

      4. 5.2.4 Electrical and Electronics

      5. 5.2.5 Other End-user Industries

  6. 6. COMPETITVE LANDSCAPE

    1. 6.1 MARKET COMPETITION OVERVIEW

    2. 6.2 KEY COMPANY PROFILES

      1. 6.2.1 TRUMPF GmbH + Co. KG

      2. 6.2.2 D�rr AG

      3. 6.2.3 Amada Europe

      4. 6.2.4 GF Machining Solutions

      5. 6.2.5 DMG MORI

      6. 6.2.6 Schuler AG

      7. 6.2.7 GROB-WERKE GmbH

      8. 6.2.8 Bystronic Maschinen AG

      9. 6.2.9 Feintool International Holding AG

      10. 6.2.10 Mazak U.K. Limited

      11. 6.2.11 Others (Reishauer AG, Okuma Europe, Gebr. Heller Maschinenfabrik GmbH, Starrag Group Holding AG, Meusburger Georg Gmbh, Baileigh Industrial, etc.)

  7. 7. FUTURE MARKET OUTLOOK

  8. 8. DISCLAIMER

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