About Plate Rolling Machine
A plate rolling machine is a machine that rolls various types of metal sheets into a round or conical form. These machines have a function to roll in O-type, U-shaped, among other different shapes of the plate. This machine is one of the important production equipment used in home appliances, pressure vessels, military, shipbuilding, automobile, and many more industries that involve extensive use of metal parts. These machines generally come in two to four rollers and customers can choose according to their needs which machine will be suitable. With the rise of the metalworks industry, the demand for Plate Rolling machines is also increasing.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Companies in this market are largely private limited companies. High engineering expertise is required to operate in this market. As these machines are given to manufacturers in other industries; signing long-term contracts for supply could be a good strategy. China, the USA, and India are the largest consumers of plate rolling machines so expanding in these areas is necessary for the market players. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Himalaya Machinery (India), Autotrans Systems (India), Provetco Technology (United States), Faccin (Italy), Shenchong (China), Davi (Italy), Kurimoto (Japan), Haeusler (Switzerland), Roundo (Sweden) and Hugh Smith (United Kingdom) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Plate Rolling Machine market by Type (Mechanical, Electrical, Hydraulic and Hybrid), Application (Shipbuilding, Boiler, Aerospace, Chemical, Heavy Machinery and Others) and Region.
On the basis of geography, the market of Plate Rolling Machine 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 Technology, the sub-segment i.e. Four Roller Machines will boost the Plate Rolling Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Direct will boost the Plate Rolling Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Introduction of Electric Plate Rolling Machines
Market Growth Drivers:
Need of Plate Rolling Machines to Roll Metal Plates in Different Shapes and The demand of Plate Rolling Machine to Get the Metal in Uniform Shape
Challenges:
Transportation of Plate Rolling Machines Is Challenging
Restraints:
Plate Rolling Machines Are Not Suitable for Smaller Operations
Opportunities:
Growing Investment in Shipbuilding and Aerospace Will Boost the Demand of Plate Rolling Machine and Increasing Metalworks Industry Will Boost the Demand of Plate Rolling Machine
On Sept 2020, Shenchong a leading manufacturer of plate rolling machines announced that it has successfully completed Zhenhua Heavy Industries flexible sheet metal intelligent workshop project. The project was undertaken at the end of 2019 and the construction has started at the beginning of 2020. The project is divided into 15 areas with cable tray automation production.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Plate Rolling Machine Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations, End-Use Industries 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.