Metal Sawing Machine Market Research Report - Forecast to 2025

Metal Sawing Machine Market Information By Machine Type (Circular Saws, Band Saws, Plate Saws, and Others), By Application (Automotive, General Machinery, Aerospace, and Others), By Type (Vertical Saw, Horizontal Saw, and Others), and By Region (North America, Europe, Asia-Pacific, and Rest of the World)—Forecast till 2025

ID: MRFR/IA - E/4195-HCR | February 2023 | Region: Global | 111 Pages         

Metal Sawing Machine Market

Metal Sawing Machine Market Size is expected to cross USD $719.50 million by 2025 at a CAGR of 3.40% during the forecast period 2021-2025

Segmentation
By Machine Type Circular Saws Band Saws Plate Saws Others
By Application Automotive General Machinery Aerospace others
By Type vertical saw horizontal saw others
Key Players
Companies Profiled   KASTO (Germany)    HE&M Inc. (U.S.)    Cosen Saws (U.S.)    DoAll Sawing Products (U.S.)    MetlSaw Sawing Solutions (U.K.)    Behringer (U.S.)    Amada (Japan)    Marvel (U.S.)    Hyd-Mech (U.S.)
Drivers
Market Driving Forces   New product launches and R&D Amongst major key Players   Rapidly rising disposable income   Development initiatives
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The metal sawing machine market growth is projected to register a CAGR of 3.40% to reach approximately USD 719.50 Million global share from 2021-2025.


Global Metal Sawing Machine Market Overview (MRFR Insights)


Metal cutting saw are hugely used in several applications to cut various types of ferrous and non-ferrous metals to create a finished product of the preferred geometry. It provides multiple benefits to the finished products, such as surface texture or finish, complex shaping, closer dimensional accuracy, and required size. Increasing demand for advanced mechanized metal-cutting machines is likely to fuel the market growth during the forecast period. Increasing investments within the defense and aerospace industries, coupled with the growing demand for a wide range of consumer electronics on account of rising disposable incomes, are expected to favor the market growth over the coming years.


COVID-19 Impact Metal Sawing Technology Analysis


The COVID-19 pandemic on the market has been moderately less in the eastern countries, such as China, Japan, and South Korea, whereas the western part of the globe has suffered drastically. In the short term, the prominent impact primarily lies in the disruption of manufacturing activities globally. The enormity of these disruptions enhances as the number of cases surges globally.


Metal Sawing Machine Market Dynamics


The market's key driver is the growing demand for highly-efficient metal-cutting machines in various industry verticals, especially automotive, aerospace and defense, electronics, and marine. These machines are extensively used in industrial applications to cut different ferrous and non-ferrous metals for producing a proper end product of desired geometry. It provides multiple advantages to the end products, such as surface texture, dimensional accuracy, complex shaping, and necessary size. The demand for advanced mechanized metal-cutting machines will fuel the market's growth over the evaluation period. These growth factors contribute to the automotive industry's growth, simultaneously increasing the demand for the industry at the level.


Metal Sawing Machine Market Drivers



  • Increasing adoption of advanced technologies


The demand for automation in factories is growing the usage of smart manufacturing technologies for production operations and product expansion. This is due to the advantages such as enhanced productivity, product quality, and comfort of coping with labor deficiencies. The manufacturing and machinery functions will notice a paradigm shift from conventional methods toward connected, intelligent, and streamlined machine systems.



  • Increasing adoption of industry 4.0


The demand for automation in factories is growing the utilization of elegant manufacturing technologies for production processes and product development. This is due to the advantages such as enhanced productivity, product quality, and relaxation of coping with labor shortages. The manufacturing and machinery operations will notice a paradigm shift from conventional methods toward intelligent, connected, and streamlined machine systems. Through industry 4.0 solutions, manufacturers are able to benefit from operating savings, efficient energy use, enhanced and automatic virtual metrology, and improved human-machine interfaces.


Market Restraints:



  • High initial investment & fluctuating raw material prices


Various manufacturing companies are focused on automation of manufacturing operations within the facilities to decrease the expenditure on high labor wages, and increase process optimization in their overall operations. However, the entire process needs procurement, installation, and timely maintenance of all types of machinery. However, severe cash crunch during the pandemic restrictions and post-pandemic has created a serious hindrance to the metal sawing machine market growth during the forecast period. Furthermore, difficulties in cross-border trade after the Ukraine and Russia conflict have further enhanced the problems for procurement of raw materials and increased uncertainties and disruptions in the market.


Market Opportunities:



  • Substantial increment in the popularity of additive manufacturing


The growing advancement and introduction of novel technologies in the additive manufacturing sector are gaining unprecedented popularity in the market over the forecast period across the globe. The application of 3D cutting is anticipated to emerge as the future of prototype manufacturing across various industries due to its effective time optimization and cost-effective manufacturing. Furthermore, 3D printing provides benefits such as optimum use of waste reduction, raw materials, and ease of production of various complex geometries that are expected to drive the market. The widespread applications of 3D printing in the automotive industry, construction, apparel and bio-printing, medical devices, and robots are further expected to result in the growth of the additive manufacturing industry in the future.


Metal Sawing Machine Market Segmentation


Insights by Machine Type


The metal sawing machine market segmentation, based on machine type, is circular saws, band saws, plate saws, and others. The plate saws category has a major market share in 2021 as it allows cutting through thicker material with straighter cuts. Besides this, the band saws were the fastest growing category as it is cost-effective and minimizes metal waste.


Insights by Application


The metal sawing machine market segmentation, based on application is automotive, general machinery, aerospace, and others. The automotive category had a prominent share in 2021 owing to the extensive utilization of the product in cutting a range of automotive interior and exterior components. However, aerospace was the fastest-growing category due to a growing number of automation and efficiency initiatives to decrease overhead expenses in the aerospace industry.


Insights by Type


Based on type, the market is divided into the vertical saw, horizontal saw, and others. The vertical saw category had a major share in 2021 due to the growing demand for vertical saw machines for metal cutting. Besides this, the horizontal saw was the fastest-growing category as it minimized production waste.


Global Metal Sawing Machine Market Share, by Region, 2021 (%)


Metal Sawing Machine Market Share, by Region, 2021


Global Metal Sawing Machine Market Overview, by Region


By region, the metal sawing machine market has been divided into Europe, North America, Asia-Pacific, and the Rest of the World. Asia-Pacific accounted for the most extensive market share. North America is anticipated to exhibit the highest CAGR over the forecast period.


Asia-Pacific


Asia-Pacific held a major share in the market in 2021 due to rapid industrialization coupled with improving economic conditions, most notably in China, India, and South Korea are projected to drive the product demand in the region. The Asia Pacific is expected to remain a hub for high-tech manufacturing, especially for automotive, defense, aerospace, and electronics industries, which will likely fuel the regional market growth. Also, the growing automotive industry in these countries is anticipated to increase the demand for metal-cutting machines during the forecast period.


North America


North America was the fastest-growing region in 2021 due to increasing demand from the defense and aerospace sector, which is predicted to fuel the requirement for metal-cutting machines. Increasing military budget and passenger traffic will likely boost the region's manufacturing of defense and commercial aircraft during the forecast period. In addition, the presence of several major defense and aerospace players is anticipated to benefit market growth.


Metal Sawing Machine Market Competitive Landscape


The market includes tier-1, tier-2, and local players. The tier-1 and tier-2 players have reach with diverse product portfolios. Companies such as Behringer (U.S.), TRUMPF, AMADA Co., Ltd., Colfax Corporation, Bystronic Laser AG, Koike Aronson, Inc., Quantum Saw, LLC dominate the market due to product differentiation, financial stability, strategic developments, and diversified regional presence. The players are concentrating on supporting research and development. Furthermore, they embrace strategic growth initiatives, such as development, product introduction, joint ventures, and partnerships, to strengthen their market position and capture an extensive customer base. For instance, in May 2022, Metal Sawing Technology acquired Houston Metal Cutting. Metal Sawing Technology is a band saw blade, repair, maintenance, and service company. The acquisition of Houston Metal Cutting brings the company closer to the customer as this will allows the company to understand better customer needs and the performance of our products on machines.”


Prominent players in the metal sawing machine market research include Behringer (U.S.), TRUMPF, AMADA Co., Ltd., Colfax Corporation, Bystronic Laser AG, Koike Aronson, Inc., Quantum Saw, LLC, Nissan Tanaka Corporation, Lincoln Electric Holdings, Inc. Amada, Marvel, and Hyd-Mech, among others.


Scope of the Metal Sawing Machine Market Report


Machine Type Outlook



  • Circular Saws

  • Band Saws

  • Plate Saws

  • Others


Application Outlook



  • Automotive

  • General Machinery

  • Aerospace

  • Others


Type Outlook



  • Vertical Saw

  • Horizontal Saw

  • Others


Region Outlook



  • North America


    • US

    • Canada

    • Mexico


  • Europe


    • UK

    • Germany

    • France

    • Italy

    • Spain

    • Rest of Europe


  • Asia-Pacific


    • China

    • India

    • Japan

    • Australia and New Zealand

    • Rest of Asia-Pacific


  • Rest of the World


    • South America

    • Middle East

    • Africa



Objectives of the Study


The objectives of the study are summarized in 5 stages. They are as mentioned below:


Global Metal Sawing Machine Market Forecast & Size:


To identify and estimate the market size for the metal sawing machine market report segmented by machine type, application and type by value (in US dollars). Also, to understand the consumption/ demand created by consumers of  metal sawing machine market forecast between 2022 and 2030


Market Landscape and Trends:


To identify the metal sawing machine market growth and infer the drivers, restraints, opportunities, and challenges.


Market Influencing Factors:


To find out the factors which are affecting the metal sawing machine market size


Impact of COVID-19:


To identify and understand the various factors involved in the market affected by the pandemic


Company Profiling:


To provide a detailed insight into the major companies operating in the market. The profiling will include the financial health of the company in the past 2-3 years with segmental and regional revenue breakup, product offering, recent developments, SWOT analysis, and key strategies.


Intended Audience



  • Metal Sawing Machine Manufacturer

  • Raw material suppliers

  • Retailers, wholesalers, and distributors

  • Governments, associations, and industrial bodies

  • Investors and Trade Experts



Report Scope:

Report Attribute/Metric Details
  Market Size   2025: USD 719.50 Million
  CAGR   3.40% CAGR (2021-2025)
  Base Year   2020
  Forecast Period   2021-207
  Historical Data   2019
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Machine Type, Application, and Type
  Geographies Covered   North America, Europe, Asia-Pacific, and the Rest of the World (RoW)
  Key Vendors   KASTO (Germany), HE&M Inc. (U.S.), Cosen Saws (U.S.), DoAll Sawing Products (U.S.), and MetlSaw Sawing Solutions (U.K.)
  Key Market Opportunities   Substantial increment in the popularity of additive manufacturing
  Key Market Drivers   Increasing adoption of advanced technologies


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Frequently Asked Questions (FAQ) :

The global metal sawing machine market forecast period is 2021-2025

The market is expected to register a CAGR of ~3.40% over the next 10 years, according to global metal sawing machine market research.

North America is expected to register the highest CAGR during 2021-2025

Asia-Pacific held the largest share in 2021

The market size is expected to be USD 719.50 Million by 2025.

KASTO (Germany), HE&M Inc. (U.S.), Cosen Saws (U.S.), DoAll Sawing Products (U.S.), and MetlSaw Sawing Solutions (U.K.) are the major companies operating in the global market.