Metal Sawing Machine Market size to grow by USD 519.5 Mn | Driven by rising demand for metal parts from end-users | Technavio

NEW YORK, Nov. 22, 2021 /PRNewswire/ — The metal sawing machine market size is set to grow by USD 519.50…

NEW YORK, Nov. 22, 2021 /PRNewswire/ — The metal sawing machine market size is set to grow by USD 519.50 million from 2020 to 2025, according to Technavio. The report offers a detailed analysis regarding the current global market scenario and the overall market environment.

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. The increasing demand for metal parts in major end-user industries and rising industrial automation globally will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.

The report covers the following areas:

Metal Sawing Machine Market 2021-2025: Segmentation

  • End-user
    • Automotive
    • General Machinery
    • Aerospace And Defense
    • Marine
    • Others
  • Geography
    • APAC
    • Europe
    • North America
    • MEA
    • South America

The demand for metal sawing machines was significant from the automotive industry. This can be attributed to the need for cost-effective manufacturing of automotive parts and components in the automotive industry. In terms of geography, the market will offer maximum growth opportunities for metal sawing manufacturers in APAC. The region currently holds 67% of the global market share. China and Japan are the key markets for metal sawing machines in APAC.

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Metal Sawing Machine Market 2021-2025: Vendor Analysis and Scope

Some of the major vendors of the metal sawing machine market include Akiyama Machinery Co. Ltd., AMADA Co. Ltd., Bekamak Band Saw Machines, Cosen Saws International Inc., Ernest Bennett (Sheffield) Ltd., EVERISING MACHINE CO., KASTO Maschinenbau GmbH and Co. KG, Multicut Machine Tools, Simon Mohringer Anlagenbau GmbH, and The L.S. Starrett Co.. To help businesses improve their market position, Technavio’s report provides a detailed analysis of around 25 vendors operating in the market.

Market trends such as the growing market for fabricated metal products is likely to emerge as one of the primary drivers of the market. However, factors such as fall in commodity prices reducing demand for scrap may threaten the growth of the market.

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Metal Sawing Machine Market 2021-2025: Key Highlights

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will assist metal sawing machine market growth during the next five years
  • Estimation of the metal sawing machine market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the metal sawing machine market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of metal sawing machine market vendors

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Metal Sawing Machine Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 3.40%

Market growth 2021-2025

USD 519.50 million

Market structure

Fragmented

YoY growth (%)

3.32

Regional analysis

APAC, Europe, North America, MEA, and South America

Performing market contribution

APAC at 67%

Key consumer countries

China, US, Germany, Japan, and Italy

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Akiyama Machinery Co. Ltd., AMADA Co. Ltd., Bekamak Band Saw Machines, Cosen Saws International Inc., Ernest Bennett (Sheffield) Ltd., EVERISING MACHINE CO., KASTO Maschinenbau GmbH and Co. KG, Multicut Machine Tools, Simon Mohringer Anlagenbau GmbH, and The L.S. Starrett Co.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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