About Industrial Punching Machines
The global Industrial Punching Machines market is expected to witness high demand in the forecasted period due to rising demand for more efficient machines across the globe. Industrial punching is one of the techniques that is been used in sheet metal forming. The punching machine that can cut, perforate, and shape metal sheets with the use of a matrix identical to a press or a punch carries out this process. It enables effective, fast, and precise processes for forming metal parts from several industrial sectors. Thus, industrial punching machines play a significant role across different industries.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 7.0% |
The global industrial punching machines market seems highly competitive. To gain in the market, the key players are majorly involved in the making business strategies, mergers & acquisitions, and launch of innovative features. Analyst at AMA Research estimates that Asian Players will contribute the maximum growth to Global Industrial Punching Machines market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Amada Co., Ltd. (Japan), TRUMPF (Germany), Dalian Machine Tool Group (China), DMG Mori (Germany), Allied Machine and Engineering (India), Doosan Infracore (South Korea), FANUC (Japan) and GF Machining Tools (India) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Industrial Punching Machines market by Type (Electric and Pneumatic) and Region.
On the basis of geography, the market of Industrial Punching Machines has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Operation Type, the sub-segment i.e. Semi-Automatic will boost the Industrial Punching Machines market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Use, the sub-segment i.e. Packaging will boost the Industrial Punching Machines market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The availability of energy-efficient industrial punching machines and The high demand due to the multi-tasking abilities
Market Growth Drivers:
The rise in automated production and expanding packaging industry and The growing demand for efficient industrial automation
Challenges:
The negative impact of the Covid 19 Pandemic
Restraints:
The high cost associated with the industrial punching machines
Opportunities:
The introduction of cutting-edge robots in the punching industry and The product innovations
Market Leaders and their expansionary development strategies
On October 26, 2023, Amada Holdings Co., Ltd. (Japan) announced it had acquired BLM Group S.r.l. (Italy), a manufacturer of laser cutting, punching, and bending machines. This creates a major player in the sheet metal fabrication industry.
On December 12, 2023, Trumpf GmbH & Co. KG, a German manufacturer of machine tools, launched its new TruMatic 3000 fiber laser punching machine. This machine is designed for fast and precise cutting and punching of a variety of materials.
Key Target Audience
Industrial Punching Machines Manufactures, Suppliers, Distributors, Government Regulatory Bodies, Research Organization and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.