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Metallurgical Equipment Trends and Forecast
The future of the global metallurgical equipment market looks promising with opportunities in the aerospace & defense, automotive, medical & dental, oil & gas, and industrial markets. The global metallurgical equipment market is expected to reach an estimated $131.27 billion by 2030 with a CAGR of 3.2% from 2024 to 2030. The major drivers for this market are rising requests from the construction and infrastructure industries and increasing need for metallurgical equipment in the automotive industry.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Metallurgical Equipment by Segment
The study includes a forecast for the global metallurgical equipment by type, equipment, application, and region.
Metallurgical Equipment Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Ironmaking Equipment
• Steelmaking Equipment
• Metal Rolling Machine
Metallurgical Equipment Market by Equipment [Shipment Analysis by Value from 2018 to 2030]:
• Milling Machines
• Broaching Machines
• Grinding Machines
• Drilling Machines
Metallurgical Equipment Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Aerospace & Defense
• Automotive
• Medical & Dental
• Oil & Gas
• Industrial
• Others
Metallurgical Equipment Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Metallurgical Equipment Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies metallurgical equipment companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the metallurgical equipment companies profiled in this report include-
• Danieli
• Dalian Huarui Heavy Industry
• Hoganas
• SMS Siemag
• Shimadzu
• Sandvik
• Showa Denko Materials
• Advanced Powders & Coatings
• ExOne
• GKN Sinter Metal Engineering
Metallurgical Equipment Market Insights
Lucintel forecasts that steelmaking is expected to witness the highest growth over the forecast period due to growing usage of steel in the automobile, aerospace, marine, equipment and machinery, infrastructure, and electronics industries.
Within this market, aerospace and defense will remain the largest segment due to increasing need for powdered aluminum, titanium, and steel in the aerospace sector.
APAC is expected to witness highest growth over the forecast period due to high-tech manufacturing hubs exist, especially for defense, aerospace, automotive, and electronics sectors.
Features of the Global Metallurgical Equipment Market
Market Size Estimates: Metallurgical equipment market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Metallurgical equipment market size by type, equipment, application, and region in terms of value ($B).
Regional Analysis: Metallurgical equipment market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, equipment, application, and regions for the metallurgical equipment market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the metallurgical equipment market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the metallurgical equipment market size?
Answer: The global metallurgical equipment market is expected to reach an estimated $131.27 billion by 2030.
Q2. What is the growth forecast for metallurgical equipment market?
Answer: The global metallurgical equipment market is expected to grow with a CAGR of 3.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the metallurgical equipment market?
Answer: The major drivers for this market are rising requests from the construction and infrastructure industries and increasing need for metallurgical equipment in the automotive industry.
Q4. What are the major segments for metallurgical equipment market?
Answer: The future of the metallurgical equipment market looks promising with opportunities in the aerospace & defense, automotive, medical & dental, oil & gas, and industrial markets.
Q5. Who are the key metallurgical equipment market companies?
Answer: Some of the key metallurgical equipment companies are as follows:
• Danieli
• Dalian Huarui Heavy Industry
• Hoganas
• SMS Siemag
• Shimadzu
• Sandvik
• Showa Denko Materials
• Advanced Powders & Coatings
• ExOne
• GKN Sinter Metal Engineering
Q6. Which metallurgical equipment market segment will be the largest in future?
Answer: Lucintel forecasts that steelmaking is expected to witness the highest growth over the forecast period due to growing usage of steel in the automobile, aerospace, marine, equipment and machinery, infrastructure, and electronics industries.
Q7. In metallurgical equipment market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to high-tech manufacturing hubs exist, especially for defense, aerospace, automotive, and electronics sectors.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the metallurgical equipment market by type (ironmaking equipment, steelmaking equipment, and metal rolling machine), equipment (milling machines, broaching machines, grinding machines, and drilling machines), application (aerospace & defense, automotive, medical & dental, oil & gas, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Metallurgical Equipment Market, Metallurgical Equipment Market Size, Metallurgical Equipment Market Growth, Metallurgical Equipment Market Analysis, Metallurgical Equipment Market Report, Metallurgical Equipment Market Share, Metallurgical Equipment Market Trends, Metallurgical Equipment Market Forecast, Metallurgical Equipment Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Metallurgical Equipment Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Metallurgical Equipment Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Metallurgical Equipment Market by Type
3.3.1: Ironmaking Equipment
3.3.2: Steelmaking Equipment
3.3.3: Metal Rolling Machine
3.4: Global Metallurgical Equipment Market by Equipment
3.4.1: Milling Machines
3.4.2: Broaching Machines
3.4.3: Grinding Machines
3.4.4: Drilling Machines
3.5: Global Metallurgical Equipment Market by Application
3.5.1: Aerospace & Defense
3.5.2: Automotive
3.5.3: Medical & Dental
3.5.4: Oil & Gas
3.5.5: Industrial
3.5.6: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Metallurgical Equipment Market by Region
4.2: North American Metallurgical Equipment Market
4.2.2: North American Metallurgical Equipment Market by Application: Aerospace & Defense, Automotive, Medical & Dental, Oil & Gas, Industrial, and Others
4.3: European Metallurgical Equipment Market
4.3.1: European Metallurgical Equipment Market by Type: Ironmaking Equipment, Steelmaking Equipment, and Metal Rolling Machine
4.3.2: European Metallurgical Equipment Market by Application: Aerospace & Defense, Automotive, Medical & Dental, Oil & Gas, Industrial, and Others
4.4: APAC Metallurgical Equipment Market
4.4.1: APAC Metallurgical Equipment Market by Type: Ironmaking Equipment, Steelmaking Equipment, and Metal Rolling Machine
4.4.2: APAC Metallurgical Equipment Market by Application: Aerospace & Defense, Automotive, Medical & Dental, Oil & Gas, Industrial, and Others
4.5: ROW Metallurgical Equipment Market
4.5.1: ROW Metallurgical Equipment Market by Type: Ironmaking Equipment, Steelmaking Equipment, and Metal Rolling Machine
4.5.2: ROW Metallurgical Equipment Market by Application: Aerospace & Defense, Automotive, Medical & Dental, Oil & Gas, Industrial, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Metallurgical Equipment Market by Type
6.1.2: Growth Opportunities for the Global Metallurgical Equipment Market by Equipment
6.1.3: Growth Opportunities for the Global Metallurgical Equipment Market by Application
6.1.4: Growth Opportunities for the Global Metallurgical Equipment Market by Region
6.2: Emerging Trends in the Global Metallurgical Equipment Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Metallurgical Equipment Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Metallurgical Equipment Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Danieli
7.2: Dalian Huarui Heavy Industry
7.3: Hoganas
7.4: SMS Siemag
7.5: Shimadzu
7.6: Sandvik
7.7: Showa Denko Materials
7.8: Advanced Powders & Coatings
7.9: ExOne
7.10: GKN Sinter Metal Engineering
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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