0
2021
Blanking Machine Market

Blanking Machine Market

by Product Type (Hydraulic, Pneumatic, and Mechanical), Material (Steel, Aluminum, Alloy, and Others), and End User (Automobile Industry, Aerospace Industry, Kitchen Appliance, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030

Report Code: A08256
Pages: 243
Aug 2021 | 4035 Views
Author(s) : Priyanka K
Tables: 102
Charts: 48
  • Formats*:

  • Single User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • It comes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Blanking Machine Market

Request Now !

The global blanking machine market size was valued at $927.9 million in 2020, and is expected to reach $1,457.6 million by 2030, with a CAGR of 4.2% from 2021 to 2030. 

The halted manufacturing in industries and prolonged lockdown in various countries due to the COVID-19 pandemic has affected the blanking machine products supply chain.

Blanking machine is used to cut, and shear metal material, and rubber for making innovative products. Blanking machine cuts the material or piece of metal in attractive and customizable shapes, and sizes. It is used to make strip material for packaging materials, electrical appliance packaging, airbags for automobile, and precision smartphone accessories. It is rigid and accurate. 

Blanking-Machine-Market-2021-2030

There is a rise in the adoption of blanking machines by various end users such as automotive, aerospace, defense, and other sectors as these machines are highly efficient and highly productive. This rise in adoption boosts the of the global blanking machine market growth. The urban population is projected to rise by 2050; thereby, fueling the demand for mobiles, cars, and electronics devices, which in turn, increases the demand for blanking machine to make precision components. This fosters the market growth. Rise in infrastructure activities in developing countries such as India, Brazil, and others is expected to drive the demand for blanking machine, which fuels the growth of the blanking machine.  

An increase in urbanization and industrialization in emerging countries such as Germany, France, the U.S., and others drives the demand for automotive vehicle. This is expected to fuel the demand for blanking machine to make precision component such as airbag, car door, and others thereby, driving the growth of the global market. For instance, degree of urbanization in the U.S. increased by 0.4% from 2017 to 2019.

In addition, blanking machine is used in various industry verticals such as automotive, aerospace, and defense, owing to rise in demand for blanking machine. The healthcare industry in various countries such as the UK, the U.S., and India is growing at a significant pace, due to increase in investments in this sector by government. For instance, in 2018, the UK Government spent $252.9 billion on the healthcare industry. This is expected to drive the demand for blanking machine market, owing to features such as highly efficient, rigid, and high revolution per minute (rpm).  

However, fluctuation in foreign currencies and volatile economic condition in the developing economies are anticipated to hamper the growth of the global blanking machine. Furthermore, growth in machinery and equipment manufacturing sector is anticipated to provide lucrative opportunities for the growth of the global blanking machine.  

Blanking Machine Market
By Product Type

Your browser does not support the canvas element.

Mechanical segment is projected to grow at a significant CAGR

Get more information on this report : Request Sample Pages

The blanking machine market is segmented on the basis of product type, material, end user, and region. On the basis of product type, the market is divided into hydraulic, pneumatic, and mechanical. Mechanical segment generated the highest revenue in 2020. On the basis of material, the market is divided into steel, aluminum, alloy, and others. Steel segment dominated the market in 2020. On the basis of end user, the market is categorized into automobile industry, aerospace industry, home applications, and others. Automobile segment generated the highest revenue in 2020. 

Region wise, the blanking machine market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Germany, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). In 2020, Asia-Pacific was the highest contributor to the global blanking machine market share, and is anticipated to secure a leading position during the forecast period.

Blanking Machine Market
By End-user

Your browser does not support the canvas element.

Automobile segment generated the highest revenue in 2020.

Get more information on this report : Request Sample Pages

Competition Analysis

Key players profiled in this report include AMADA CO Ltd, Hagel Automation GmbH, Autoprint Machinery Manufacturers Pvt Ltd, Hubei Tri-ring Metalforming Equipment Co Ltd, Jet Pack Machines Pvt Ltd, Komori Corporation, Precision Surfacing Solutions (Lapmaster Wolters), Schuler AG, Torontech Inc., and Ueshima Seisakusho Co Ltd.

Major players such as Komori Corporation, Hagel Automation GmbH, and Jet Pack Machinery Pvt Ltd, are engaged in offering new blanking machine to the market, for improve the product portfolio of blanking machine products. For instance, in January 2020, Autoprint Machinery Manufacturers Pvt Ltd launched a new small version of Checkmate 50 at Pamex 2020 which is held between 6 and 9 January 2020, at Bombay Exhibition Center in Mumbai.  It has dimension of 250X300mm length, and can run at maximum speed of 250 m/min.

Blanking Machine Market
By Region

2030
Asia-pacific 
North America
Europe
LAMEA

Asia-Pacific holds a dominant position in 2020, with a highest CAGR of 4.9% during the forecast period.

Get more information on this report : Request Sample Pages

Key Benefits For Stakeholders

  • The report provides an extensive analysis of the current blanking machine market trends and future estimations.  
  • Extensive analysis of global blanking machine is conducted by following key product positioning and monitoring of the top competitors within the market framework.
  • A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
  • The global blanking machine market forecast analysis from 2021 to 2030 is included in the report.
  • The key market players within the global blanking machine market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the global market.

Blanking Machine Market Report Highlights

Aspects Details
BY PRODUCT TYPE
  • Hydraulic
  • Pneumatic
  • Mechanical
BY MATERIAL
  • Steel
  • Aluminum
  • Alloys
  • Others
BY END USER
  • Automobile
  • Aerospace
  • Home Appliances
  • Others
BY REGION
  • North America  (US, Canada, Mexico)
  • Europe  (Germany, France, UK, Italy, rest of Europe)
  • Asia-Pacific  (China, Japan, India, Australia, rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
Key Market Players AMADA CO., LTD, Hagel Automation GmbH, Autoprint Machinery Manufacturers Pvt. Ltd., HUBEI TRI-RING METALFORMING EQUIPMENT CO.,LTD, JET PACK MACHINES PVT. LTD., Komori Corporation, Precision Surfacing Solutions (Lapmaster Wolters), Schuler AG, Torontech Inc., Ueshima Seisakusho Co., Ltd
 

Loading Table Of Content...


 
 

The global blanking machine market has witnessed huge demand in Asia-Pacific region followed by Europe & North America. The highest share of the xx market is attributed to the increase in demand for blanking machine in automotive and aerospace sectors.

Blanking is a process of cutting or shearing a blank or piece of metal in appropriate shape or design. Blanking machine is used to stamp, cut, and shear metal material. Blanking machine is used in various industries such as automotive, electrical, electronics, pumps, valves, aerospace, defense, home appliances, and many others sectors. It helps reduce setup costs, reduce production time, and minimize positioning errors. A rise in demand for blanking machines in industrial and manufacturing sector globally fuels the growth of the blanking machine market.

Moreover, major players such as Lapmaster Wolters, Schuler AG, and others are adopting acquisition as a key developmental strategy to improve the product portfolio of the blanking machine product. For instance, in February 2019, Precision Surfacing Solutions (PSS) subsidiary of Lapmaster Wolters acquired Wafering Division of Meyer Burger Technology Ltd. The acquisition aimed to improve the product portfolio of blanking machine products. All such instances drive the growth of the global blanking machine market.

However, fluctuation in raw material prices and foreign currencies is anticipated to restraint the growth of the global blanking machine market. Moreover, developments in machinery and equipment manufacturing sectors are anticipated to provide lucrative opportunities for the growth of the global blanking machine market.

 

PURCHASE OPTIONS

Call or Email us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com
 
FREQUENTLY ASKED QUESTIONS?

A. The Global blanking machine market size was $927.9 million in 2020 and is projected to reach $1,457.6 million in 2030, growing at a CAGR of 4.2% from 2021 to 2030.

A. The forecast period considered for the Global blanking machine market is 2021 to 2030, wherein, 2020 is the base year, 2021 is the estimated year, and 2030 is the forecast year.

A. The base year considered in the Global blanking machine market is 2020.

A. The report for Global blanking machine market doesn’t provides Value Chain Analysis, but if there is a requirement for the same, it could be added as an additional customization.

A. On the basis of product type, the mechanical segment is expected to be the most influencing segment growing in the Global blanking machine market report.

A. Based on material, steel segment generated the highest revenue, accounting for 46.60% of the market share, and is projected to grow at a CAGR of 4.6% from 2021 to 2030.

A. The report contains an exclusive company profile section, where the leading 10 companies in the market are profiled. These profiles typically cover company overview, geographical presence, and market dominance (in terms of revenue and volume sales).

A. Asia-Pacific is expected to provide more business opportunities for global blanking machine market in the future.

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
RELATED TAGS

Purchase Full Report of
Blanking Machine Market

Start reading instantly.
This Report and over 19,603+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,456
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
    (Aug 2022 - Aug 2023)
  • Data Pack
  • $3,840
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Aug 2022 - Aug 2023)
  • Single User
  • $5,769
  • Restricted to one authorized user
  • One print only
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Aug 2022 - Aug 2023)
  • Five Users
  • $6,450
  • Limited to five authorized users
  • Print upto five copies
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Aug 2022 - Aug 2023)
  • Enterprise
    License/PDF

  • $10,995
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Aug 2022 - Aug 2023)
  • Library
    Membership

  • $ 999
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

RELATED REPORTS
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers