Global Sheet Metal Machinery
Market Report
2025
Global Sheet Metal Machinery Market is Growing at Compound Annual Growth Rate (CAGR) of 4.50% from 2023 to 2030.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
Share your contact details to receive free updated sample copy/pages of the recently published edition of Sheet Metal Machinery Market Report 2025.
According to Cognitive Market Research, the global Sheet Metal Machinery Market will grow at a compound annual growth rate (CAGR) of 4.50% from 2023 to 2030.
2024 | 2025 | 2032 | 2033 | CAGR | |
---|---|---|---|---|---|
Global Sheet Metal Machinery Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 4.5% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Product |
|
Market Split by Application |
|
List of Competitors |
|
Regional Analysis |
|
Country Analysis |
|
Report scope is customizable as we have a huge database of Sheet Metal Machinery industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Sheet Metal Machinery Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The Sheet Metal Processing Equipment Market will be driven by increasingly sophisticated 3D printing/additive manufacturing technologies. Despite the introduction of carbon fiber and sheet metals, the automobile sector is driving market demand. Furthermore, the growing aerospace sector, as a result of increased international tourism, is likely to increase demand for airplanes. The increasing complexity of aircraft parts has moved focus to the usage of sheet metal processing equipment, particularly laser cutting machines, for greater precision.
For instance, The Department of Energy's Advanced Materials and Manufacturing Technologies Office (AMMTO) granted GE Research $15 million for a project to design, create, and enhance large-scale equipment manufacturing practices for hydropower technologies utilizing 3D printing. AMMTO also awarded a total of $30 million to 13 projects dedicated to promoting new rules that will transform the design, materials, and sustainability of wind turbine equipment manufacture.
(Source:www.voxelmatters.com/doe-invests-45-million-in-advanced-manufacturing-and-3d-printing-projects/
The growing need for fabricated metals in industries such as aerospace, automotive, and consumer electronics is propelling the metal fabrication market forward. The broad range of applications for metal fabrication, from aeroplane components to office supplies such as paper clips, is projected to drive the metal fabrication market expansion further. Steel fabrication has seen tremendous development in recent years owing to increased industrial activity in developing nations such as China and India. The increased use of steel fabrication for diverse purposes, such as structure steel and pipe, is a result of the increase in building activity. Government development initiatives in several nations are propelling the construction sector.
For instance, according to the IBEF, The Indian manufacturing industry is predicted to rise more than six times its present size to USD 1 trillion by 2025. This expansion of the manufacturing sector in India is projected to result in additional production facilities in the nation, increasing demand in the market under consideration.
(Source:www.ibef.org/industry/manufacturing-sector-india)
The industrial sector's increasing reliance on advanced digital technology is projected to result in more efficient output. Aside from that, the fourth industrial revolution has other benefits, such as greater productivity, resource optimization, more flexibility, increased collaborative working, and lower operating costs. Furthermore, predictive maintenance is gaining traction in the metal forming industry. The growing need from manufacturers to detect faults before they occur in order to save downtime and machine maintenance costs is driving up predictive maintenance adoption in the industry of metal shaping tools. Predictive maintenance, according to several sources, enhances equipment availability and uptime by 10%-20%. Furthermore, cloud-based inventory management systems are likely to increase the adoption of metal-forming tools over the forecast period.
According to the Economic Times Business Verticals, companies that had scaled up on Industry 4.0 before the pandemic were better positioned to respond to the crisis, while others had to re-evaluate their digital transformation efforts. However, the pandemic created an atmosphere that encouraged the adoption of more ROI-driven tactics for Industry 4.0 technologies, such as AI-based IoT systems, digital twins, sophisticated robotics, and visual analytics.
Sheet metal machinery encompasses a wide range of equipment, from simple manual machines to highly automated CNC (Computer Numerical Control) systems. The cost of purchasing machinery can vary dramatically based on factors such as machine type, size, complexity, and brand. Advanced machinery with precision features and automation capabilities tends to be more expensive. Smaller businesses and start-ups may find it challenging to afford such machinery. In addition to the purchase cost, companies need to consider expenses related to the installation and setup of sheet metal machinery. This may involve hiring specialized technicians, electrical work, and ensuring the machinery is properly integrated into the existing workflow.
The pandemic disrupted global supply chains, leading to delays in the production and delivery of sheet metal machinery components and equipment. Manufacturers faced challenges in sourcing raw materials and parts, causing delays in production schedules. Many manufacturing facilities, including those in the automotive, aerospace, and construction sectors, temporarily shut down or scaled back production during the pandemic. This reduced the demand for sheet metal machinery used in these industries. Labor shortages due to illness, quarantine measures, and lockdowns affected manufacturing operations. This impacted the ability of sheet metal machinery manufacturers to maintain their production levels.
We have various report editions of Sheet Metal Machinery Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
To increase market penetration and cater to changing technological requirements from various applications such as automotive, defense & aerospace, construction, marine, electrical & electronics, and others, manufacturers employ a variety of strategies such as acquisitions, geographical expansions, new joint ventures, product developments, and mergers. However, they face severe competition in the market analyzed from regional firms as well as mid-size and smaller enterprises focusing on delivering specialized equipment.
February 2023: AMADA Co. Ltd. announced the release of their 'AMNC 4ie NC equipment for fiber laser cutting and press brakes. The addition of AMNC 4ie to the machines transforms them into environmentally friendly equipment. In addition to a labor crisis caused by a decreasing birthrate and an aging population, the sheet metal processing sector is presently dealing with the pressing issue of how to pass on specialist skills.
(Source:www.amada.co.jp/php/en/press/pdfs/000190_1.pdf)
Top Companies Market Share in Sheet Metal Machinery Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, Asia-Pacific is experiencing rapid industrialization and urbanization. As a result, there is a growing demand for infrastructure development, construction, and machinery. Sheet metal components are essential in construction and infrastructure projects, driving the need for sheet metal machinery. Several Asian countries, including China, South Korea, and Taiwan, are known as global hubs for consumer electronics manufacturing. The production of smartphones, tablets, laptops, and other electronic devices requires precise sheet metal fabrication for casings and components. Asia-Pacific has seen significant growth in the renewable energy sector, particularly in solar and wind energy. The manufacturing of solar panels, wind turbine components, and energy storage systems relies on sheet metal machinery for precision fabrication.
North America is home to a robust automotive manufacturing sector, with the United States, Canada, and Mexico playing key roles in vehicle production. Sheet metal machinery is extensively used in the production of automotive components, including body panels, chassis parts, and engine components. The demand for lightweight and fuel-efficient vehicles has further spurred the use of advanced sheet metal machinery in the automotive sector. North America boasts a thriving aerospace and defense industry, with major aerospace companies and defense contractors operating in the region. Sheet metal machinery is crucial for the fabrication of aircraft components, military hardware, and defense equipment. The stringent quality and precision requirements of the aerospace and defense sectors drive the need for advanced sheet metal processing equipment. The construction and infrastructure sectors in North America have seen steady growth, leading to increased demand for sheet metal components for buildings, bridges, and infrastructure projects. Sheet metal machinery is used to produce roofing materials, structural components, and architectural elements.
The current report Scope analyzes Sheet Metal Machinery Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
To learn more about geographical trends request the free sample pages.
Get Free Sample
Global Sheet Metal Machinery Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Sheet Metal Machinery Industry growth. Sheet Metal Machinery market has been segmented with the help of its Product, Application , and others. Sheet Metal Machinery market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, the metal cutting equipment segment's high growth rate is driven by the ever-evolving demands of the automotive and aerospace industries for precision, efficiency, and the ability to work with advanced materials. As these sectors continue to expand and innovate, the demand for cutting-edge metal cutting equipment is expected to remain strong. The automotive industry is a major consumer of metal-cutting equipment. These machines are used for precision cutting and shaping of metal components such as engine parts, chassis components, and body panels.
Metal forming equipment covers a wide range of processes, including bending, rolling, stamping, punching, and forging. These processes are essential for shaping and transforming sheet metal into various components and products across industries. Metal forming equipment allows for precision shaping and customization of sheet metal components. This is particularly crucial in industries where unique and complex designs are required, such as automotive, aerospace, and architectural applications.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Sheet Metal Machinery Industry. Request a Free Sample PDF!
According to Cognitive Market Research, the automotive industry is one of the largest consumers of sheet metal machinery. The global demand for vehicles has been steadily increasing over the years, driven by factors such as population growth, urbanization, rising disposable incomes, and emerging markets. Automotive manufacturers rely heavily on sheet metal processing equipment for various applications, including body panel manufacturing, chassis fabrication, and engine component production. The aerospace sector has experienced steady growth, fueled by an increase in air travel and tourism.
Electronics is the fastest-growing segment in the sheet metal machinery market. The consumer electronics sector, including smartphones, tablets, laptops, and wearable devices, relies heavily on sheet metal components for casings, chassis, brackets, and internal structures. The demand for sleek and lightweight consumer electronics products has led to complex and precisely fabricated sheet metal parts, driving the need for advanced sheet metal machinery. The expansion of telecommunications infrastructure, including 5G networks, requires the fabrication of specialized sheet metal components for antennas, base stations, and enclosures. These components must meet strict tolerances to ensure the proper functioning of telecommunications equipment.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
To learn more about market share request the free sample pages.
Get Free Sample
Senior Research Analyst at Cognitive Market Research
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights. Experience in analyzing current trends, market demand, market assessment, growth indicators, competitors' strategy, etc. to help top management & investors to make strategic and tactical decisions in the form of market reports and presentations. Successfully delivered more than 500+ client & consulting assignments across verticals. Ability to work independently as well as with a team with confidence and ease.
I am committed to continuous learning and staying at the forefront of emerging trends in research and analytics. Regularly engaging in professional development opportunities, including workshops and conferences, keeps my skill set sharp and up-to-date. I spearheaded research initiatives focused on market trends and competitive landscapes. I have a proven track record of conducting thorough analyses, distilling key insights, and presenting findings in a way that resonates with diverse stakeholders. Through collaboration with cross-functional teams, I played a pivotal role in shaping business strategies rooted in robust research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Sheet Metal Machinery Market is witnessing significant growth in the near future.
In 2023, the Metal Cutting Equipment segment accounted for noticeable share of global Sheet Metal Machinery Market and is projected to experience significant growth in the near future.
The Electronics segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Amada Holdings , Fanuc and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Product | Metal Cutting Equipment, Metal Forming Equipment, Metal Welding Equipment, Others |
Application | Electronics, Automotive, Aerospace & Defense, Machinery Manufacturing, Others |
List of Competitors | Amada Holdings, DMG Mori, Fanuc, TRUMPF, Komatsu, Haas Automation, Danobatgroup, Makino Milling Machine, Byjc-Okuma, Hardinge, GF Machining Solutions, Dalian Machine Tool Group, Fair Friend Group. |
This chapter will help you gain GLOBAL Market Analysis of Sheet Metal Machinery. Further deep in this chapter, you will be able to review Global Sheet Metal Machinery Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Sheet Metal Machinery. Further deep in this chapter, you will be able to review North America Sheet Metal Machinery Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Sheet Metal Machinery. Further deep in this chapter, you will be able to review Europe Sheet Metal Machinery Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Sheet Metal Machinery. Further deep in this chapter, you will be able to review Asia Pacific Sheet Metal Machinery Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Sheet Metal Machinery. Further deep in this chapter, you will be able to review South America Sheet Metal Machinery Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Sheet Metal Machinery. Further deep in this chapter, you will be able to review Middle East Sheet Metal Machinery Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Sheet Metal Machinery. Further deep in this chapter, you will be able to review Middle East Sheet Metal Machinery Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Sheet Metal Machinery. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Product Analysis 2019 -2031, will provide market size split by Product. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Product Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Sheet Metal Machinery market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 13 Research Methodology and Sources
Why Metal Cutting Equipment have a significant impact on Sheet Metal Machinery market? |
What are the key factors affecting the Metal Cutting Equipment and Metal Forming Equipment of Sheet Metal Machinery Market? |
What is the CAGR/Growth Rate of Electronics during the forecast period? |
By type, which segment accounted for largest share of the global Sheet Metal Machinery Market? |
Which region is expected to dominate the global Sheet Metal Machinery Market within the forecast period? |
Segmentation Level Customization |
|
Global level Data Customization |
|
Region level Data Customization |
|
Country level Data Customization |
|
Company Level |
|
Additional Data Analysis |
|
Additional Qualitative Data |
|
Additional Quantitative Data |
|
Service Level Customization |
|
Report Format Alteration |
|