Market Forecast by Product Type (Metal rolling machinery, ironmaking equipment and steel making equipment), by Application (cutting, welding, non-metal processing, additive manufacturing and others), By Countries (India, China, Japan, South Korea and rest of Asia Pacific) and Competitive Landscape
Product Code: ETC054737 | Publication Date: Apr 2021 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Asia Pacific Metal & Metallurgy machinery marketย demand would continue to accelerate on account of rapid industrialization coupled with improving economic conditions, most notably in China, India, and South Korea are expected to drive the product demand in the region. The Asia Pacific is projected to remain a hub for high-tech manufacturing, specifically for defence, aerospace, automotive, and electronics industries, which is expected to propel the regional market growth. Additionally, intense competition and fast-changing and huge capital investment for adopting modern technology challenges restrain the growth of the Asia Pacific region. The Covid-19 pandemic has made a drastic impact on exports of Asia Pacific regions.
According to 6Wresearch, the Asia Pacific (APAC)ย Metal & Metallurgy Machinery Market size is projected to witness substantial growth during 2020-26.ย Currently, China and India accounts for the highest revenue share in the overall Metal & Metallurgy machinery market and are expected to maintain their dominance during the forecast period as well. Additionally, countries such as India, China Japan, Korea, Taiwan and Singapore are expected to be a rewarding market for the Metal & Metallurgy machinery market primarily due to growth in urbanization, industrialization and increase in infrastructure investments. Further, countries such as China are among the top contributors in the market revenues owing to the rapid advanced industrial growth.
The growth of the Metal & Metallurgy machinery market accelerated with the increase in the applications of the cutting and welding sector and the additive manufacturing sectors. This could be attributed to the fact that metal cutting is an essential process in several industries, including aerospace, automotive, marine, construction, and electronics. Further, people prefer the Metal & Metallurgy machinery market owing to the advancements in the technology of Metal & Metallurgy machinery market. As the powder metallurgy sector is the new emerging market in Asia pacific regions due to the increase in demand for electrical equipmentโs.
Some of the key players operating in the Asia Pacific region Metal & Metallurgy machinery markets areย China Shenhua Energy Co. Ltd, Chinaย Coal Energy Co. Hindalcoย Industriesย Limited, BEMCOย Steel Industriesย Co and Saudiย Mechanicalย Industries.
The Asia Pacific regionย Metal & Metallurgy machinery marketย report thoroughly covers the market by type, application and countries including India, China, South Korea, Japan and the rest of Asia Pacific. The Asia Pacific Metal & Metallurgy machinery market outlook report provides an unbiased and detailed analysis of the ongoing Asia Pacific Metal & Metallurgy machinery Market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Key Highlights
Markets Covered
The report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Key Highlights of the Report |
2.2. Report Description |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Asia Pacific Metal & Metallurgy Market Overview |
3.1. Asia Pacific Country Macro Economic Indicators |
3.2. Asia Pacific Metal & Metallurgy Market Revenues, 2019 & 2026F |
3.3. Asia Pacific Metal & Metallurgy Market - Industry Life Cycle |
3.4. Asia Pacific Metal & Metallurgy Market - Porter's Five Forces |
3.5. Asia Pacific Metal & Metallurgy Market Revenue Share, By Product Type, 2019 & 2026F |
3.6. Asia Pacific Metal & Metallurgy Market Revenue Share, By Application, 2019 & 2026F |
4. Asia Pacific Metal & Metallurgy Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Asia Pacific Metal & Metallurgy Market Trends |
6. Asia Pacific Metal & Metallurgy Market, By Product Type |
6.1. Asia Pacific Metal & Metallurgy Market, By Product Type |
6.1.1. Overview and Analysis |
6.1.2. Asia Pacific Metal & Metallurgy Market Revenues, By Metal Rolling Machinery, 2016 - 2026F |
6.1.3. Asia Pacific Metal & Metallurgy Market Revenues, By Ironmaking Equipment, 2016 - 2026F |
6.1.4. Asia Pacific Metal & Metallurgy Market Revenues, By Steelmaking Equipment, 2016 - 2026F |
6.2. Asia Pacific Metal & Metallurgy Market, By Application |
6.2.1. Overview and Analysis |
6.2.2. Asia Pacific Metal & Metallurgy Market Revenues, By Cutting, 2016 - 2026F |
6.2.3. Asia Pacific Metal & Metallurgy Market Revenues, By Welding, 2016 - 2026F |
6.2.4. Asia Pacific Metal & Metallurgy Market Revenues, By Non-metal Processing, 2016 - 2026F |
7. South Korea Metal & Metallurgy Market |
7.1. South Korea Metal & Metallurgy Market, By Product Type |
7.1. South Korea Metal & Metallurgy Market, By Application |
7.1. South Korea Metal & Metallurgy Market, By Regions |
8. India Metal & Metallurgy Market |
8.1. India Metal & Metallurgy Market, By Product Type |
8.1. India Metal & Metallurgy Market, By Application |
8.1. India Metal & Metallurgy Market, By Regions |
9. China Metal & Metallurgy Market |
9.1. China Metal & Metallurgy Market, By Product Type |
9.1. China Metal & Metallurgy Market, By Application |
9.1. China Metal & Metallurgy Market, By Regions |
10. Japan Metal & Metallurgy Market |
10.1. Japan Metal & Metallurgy Market, By Product Type |
10.1. Japan Metal & Metallurgy Market, By Application |
10.1. Japan Metal & Metallurgy Market, By Regions |
11. Rest of Asia Pacific Metal & Metallurgy Market |
11.1. Rest of Asia Pacific Metal & Metallurgy Market, By Product Type |
12. Asia Pacific Metal & Metallurgy Market Key Performance Indicators |
13. Asia Pacific Metal & Metallurgy Market - Opportunity Assessment |
13.1. Asia Pacific Metal & Metallurgy Market Opportunity Assessment, By Product Type, 2019 & 2026F |
13.2. Asia Pacific Metal & Metallurgy Market Opportunity Assessment, By Application, 2019 & 2026F |
14. Asia Pacific Metal & Metallurgy Market - Competitive Landscape |
14.1. Asia Pacific Metal & Metallurgy Market Revenue Share, By Companies, 2019 |
14.2. Asia Pacific Metal & Metallurgy Market Competitive Benchmarking, By Operating and Technical Parameters |
15. Company Profiles |
16. Recommendations |
17. Disclaimer |