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Benelux Metal Fabrication Equipment Market is segmented by Equipment type (machining, cutting, forming, welding, others), by end-user (Oil and Gas, Manufacturing, Power and Utilities, Construction, other end-use industries) - Growth, Trends, and Forecast (2020-2025)
Greater Than 3 %
Metal fabrication plays an integral part in the majority of the manufacturing industries. It has its significance in businesses where building metal components for various applications is involved. To achieve optimum productivity of these industries, it is very essential for metal fabrication equipment to work at the best efficiency. As a result of the major technological advancements such as the implementation of IoT and automation, the metal fabrication equipment can now deliver better results than the traditional equipment. Owing to these technological advancements, the Benelux metal fabrication equipment market is experiencing robust growth currently. Also, having numerous end-users applications such as milling, welding, stamping, and finishing, is a plus in the growth of the metal fabrication equipment market in the resource-rich region containing Belgium, Netherlands, and Luxembourg.
A complete background analysis of the Benelux Metal Fabrication Equipment Market, which includes an assessment of the national accounts, economy, and emerging market trends by segments, significant changes in the market dynamics, and market overview is covered in the report.
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The manufacturing sector accounts for nearly one-sixth of Belgium’s GDP. Manufacturing is an important economic activity in the provinces of East Flanders, Limburg, and Hainaut. The corridor between Antwerp and Brussels also has emerged as a major manufacturing zone, eclipsing the older industrial concentration in the Sambre-Meuse valley. Metallurgy, steel, textiles, chemicals, glass, paper, and food processing are the dominant industries. Belgium is one of the world’s leading processors of cobalt, radium, copper, zinc, and lead. Refineries, located principally in the Antwerp area, process crude petroleum. Antwerp is also known for diamond cutting and dealing. The Netherlands holds a strong position as a European manufacturing location for North American companies. More than 450 North American companies have found a home in the Netherlands for manufacturing or assembly operations. It is also expected to grow in the coming future. Luxembourg is an all-round innovative engineering and technology base for the non-ferrous products sector, as well as for the glass and cement industries. Many companies that specialize in the materials have set up major production plants and highly sophisticated R&D centers in Luxembourg. International companies such as Avery Dennison, Euro-Composites, Guardian Glass, DuPont de Nemours and many more propose a range of innovative and custom-made products and services to customers all over the world. Plastics mainly, the chemical industry, are thriving pillars of Luxembourg’s industrial sector. Due to fierce global competition, these industries are compelled to a constant process of innovation and productivity gains. Luxembourg’s business environment with highly qualified workers and the broad financial incentive encourage companies to persevere in their quest for competitiveness across the globe.
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Belgian economy has grown significantly with big infusions of foreign investments in recent years. Numerous industries such as that of consumer electronics, automotive, and aerospace, are highly demanding fabricated metals. Metal fabrication possesses a wide range of applications. Right from office supplies, such as paper clips, to airplane parts, their usage is increasing day by day. It is one of the most vital factors fueling the Metal Forming Machinery Market growth. The rising demand from the general machinery segment is one of the key factors anticipated to strengthen the machinery tools market in the Netherlands. The country’s favorable geographical location and the effective logistical support for exports to several European economies have further encouraged several international machine builders for establishing their manufacturing operations in the Netherlands, in turn, boosting the market growth. Also, an important factor driving the growth of the machinery market in the Netherlands is the growing demand for CNC-incorporated equipment.
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It is a fragmented market with several players working towards continuous innovation for the manufacture of equipments in the highest possible energy and consequently environmental friendly fashion. There are several players which are specialized in the manufacture of the equipment that are multifunctional and conserve energy thenceforth.
1.1 Study Deliverables
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Factors Driving the Market
4.3 Factors Restraining the Market
4.4 Industry Attractiveness - Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Competitive rivalry within the Industry
4.5 Industry Value Chain/Supply Chain Analysis
4.6 Technological Advancements in the Benelux Metal Fabrication Market
4.7 Government Regulations and Key Initiatives in the Benelux Metal Fabrication Market
5. MARKET SEGMENTATION
5.1 By End Use industry
5.1.1 Oil and Gas
5.1.3 Power and Utilities
5.1.5 Other end use industries
5.2 By Equipment type
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 DMG Mori Aktiengesellschaft
6.2.4 Dalian Machine Tool Group Corporation
6.2.5 Bailegih Industrial
6.2.6 RHTC Handelsonderneming B.V.
7. INVESTMENT ANALYSIS
8. DISCLAIMER AND ABOUT US
** Subject to Availability