USD 1.01 billion
GCC Blanking Machine Market Size, Share, Growth Analysis, By Type(hydraulic, pneumatic), By Material(steel, aluminum), By End user(automobile industry, aerospace industry) - Industry Forecast 2024-2031
Report ID:
SQMIR20I2260 |
Region:
Regional |
Published Date: March, 2024
Pages:
202
|
Tables:
92 |
Figures:
77
GCC Blanking Machine Market Insights
GCC Blanking Machine Market size was valued at USD 1.01 billion in 2022 and is poised to grow from USD 1.05 billion in 2023 to USD 1.46 billion by 2031, at a CAGR of 4.20% during the forecast period (2024-2031).
GCC Blanking is the process of producing various products from sheet metal using a press or spinning process. It frequently begins the manufacturing cycle as the first step. The process of shearing a blank of a particular shape from a metal sheet or strip is known as "blanking. "This process is carried out with the help of blanketing machines. The machine makes strip material that can be used in packaging, the packaging of electrical appliances, automotive airbags, precise smartphone accessories, and other applications. During the forecast period, it is anticipated that the market for blanking machines will experience significant expansion.
Cutting or blanking relatively soft, delicate materials like paper, metal, and fabric is done with blanking machines. They can also be used to cut hard materials like rubber, function films, sponge, and plywood. Precision control, smooth machining, maintaining balance, and the ability to avoid positioning errors are all reasons why machining operations use a blanking machine.
Blanking machines are primarily used to produce inexpensive metal workpieces in both sheet and strip form for packaging materials, electrical appliance packaging, automobile airbags, and other precision smartphone parts.
US GCC Blanking Machine Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
mechanical
Fastest Growth
mechanical
Growth Rate
4.20% CAGR
GCC Blanking Machine Market , 2022-2030 ($ Bn)
Country Share for GCC Region- 2022(%)
GCC Blanking Machine Market By Product , 2022-2030 (%)
GCC Blanking Machine Market By Product, 2022-2030 (%)
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GCC Blanking Machine Market Segmental Analysis
The GCC Blanking Machine is segmented on the basis of By product type, By material, By end user, and region. Whereas, By Product Type is sub segmented into the hydraulic, pneumatic, and mechanical. By Material is sub segmented into the steel, aluminum, alloy, and others. By End user is sub segmented into the automobile industry, aerospace industry, home applications, and others. The region is segmented on the basis of Saudi Arabia, South Africa, UAE.
GCC Blanking Machine Market Analysis by Product
Based on the Product type, Mechanical segment generated the highest revenue in 2021, a mechanical blanking generates power mechanically. A crankshaft connects the flywheel and ram to the main motor. In mechanical blanking, the motor is controlled by a clutch. The pinion gear system is turned on by the flywheel, which turns the crankshaft. Compared to mechanical blanking machines, hydraulic machines can generate much more force.This is because the cylinder bore size and hydraulic pressure are linked.The power unit controls the ram speed in a significant way.With a wider range of stroke lengths, hydraulic presses are more adaptable.
GCC Blanking Machine Market Analysis by Material
On the basis of material, Steel segment dominated the market in 2021, accounting for nearly half of the market. For the requirement for more noteworthy protection from erosion, for instance in the clinical and food area, we play out the shearing of tempered steel sheets. At the same time, the alloys segment is projected to manifest the fastest CAGR of 5.0%.
GCC Blanking Machine Market By Product , 2022 (%), 2022 (%)
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GCC Blanking Machine Market Regional Insights
Over 90% of the time, people in countries like the United Arab Emirates and Bahrain are inside. As a result, green or sustainable buildings offer healthier and more efficient solutions to their owners, occupants, and businesses.It has been demonstrated that energy- and water-efficient buildings with well-integrated green design strategies can reduce operating expenses by more than 50%. As a result, the GCC Blanking Machine Market is dominated by the UAE and Bahrain.
GCC Blanking Machine By Geography, 2022-2030, 2024-2031
- Largest
- Fastest
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GCC Blanking Machine Market Dynamics
GCC Blanking Machine Market Drivers
Blanking Machine Properties to Bolster its Demand in Global Market
- Due to the rising demand for blanking machines, various industry verticals like automotive, aerospace, and defense utilize them. Due to increased government investments in this sector, the healthcare industry is expanding rapidly in a number of nations, including India, the United Kingdom, and the United States. industry. Due to characteristics like being rigid, highly efficient, and having a high revolution per minute (rpm), it is anticipated that this will increase demand for the blanking machine market.
GCC Blanking Machine Market Restraints
Market Fluctuations to Hinder Market Growth
- The GCC blanking machine's expansion is anticipated to be hampered by the turbulence of the developing economies' economies and the fluctuation of foreign currencies.
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GCC Blanking Machine Market Competitive Landscape
Major players like Komori Corporation, Hagel Automation GmbH, and Jet Pack Machinery Pvt Ltd are working to introduce new blanking machines to the market in order to broaden the range of products available from blanking machines.
GCC Blanking Machine Market Top Players Company Profiles
- Al Shahba Metals Industries LLC
- Al Ain Metals LLC
- Gulf Steel Works
- Arabian Metal Products Organization
- Arabian Jerusalem Equipment Trading Company
- Emirates Steel Industries
- Dhofar Steel Products Co LLC
- Oman Steel Factory LLC
- National Steel Company
- Gulf Specialized Mechanical and Engineering Services Co. Ltd.
- Al Sultania Metal Industries
- National Metal Manufacturing and Casting Company LLC
- Saudi Iron and Steel Company
- Arab Steel Co.
- Rajhi Steel Industries Co. Ltd.
- Al Rajhi Steel
- Al Yamamah Steel Industries Company
- Al Ittefaq Steel Products Company
- Al-Jazeera Steel Products Co.
- United Gulf Steel Mill Co. Ltd.
GCC Blanking Machine Market Recent Developments
- In 2021, ANC Machinery has released the new generation of the Kawahara Blanking machine for carton board and plastic cartons, labels and cards. The TXS-1100 is a joint Anglo-Japanese development and combines the robustness of the original design with the latest electronics, for increased reliability, safety and user experience.
GCC Blanking Machine Key Market Trends
- CNC blanking machines have been used as a result of the need for high accuracy and automation in the blanking process.When designing components for CNC machines, computer-aided design (CAD) and computer-aided manufacturing (CAM) software are being utilized, which is resulting in high levels of precision. In addition, compared to conventional blanking machines, these machines offer a more precise finish and save time and effort. For instance, Sakamoto Zoki's numerically controlled blanking machines feature color display panels, die locking systems by electric die holders, stable power, high rigidity, and a user-friendly interface. They also significantly shorten the blanking time. Over the forecast period, the growth of the blanking machine market will be significantly influenced by the adoption of CNC blanking machines.
GCC Blanking Machine Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected using Primary Exploratory Research backed by robust Secondary Desk research.
According to our GCC Blanking Machine Market analysis, The need for various machine tools, including blanking machines, will be driven by the increasing demand for automobiles and automotive parts, which will result in the expansion and construction of new manufacturing facilities.
Additionally, the adoption of blanking machines by the automotive industry will be influenced by the growing competition that is pushing manufacturers to offer highly differentiated products and the ongoing advancement in blanking machines that has resulted in the introduction of laser blanking machines.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 1.01 billion |
| Market size value in 2031 | USD 1.46 billion |
| Growth Rate | 4.20% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
GCC Blanking Machine Market Recent Developments
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on GCC Blanking Machine Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on GCC Blanking Machine Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the GCC Blanking Machine Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the GCC Blanking Machine Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the GCC Blanking Machine Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the GCC Blanking Machine Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
GCC Blanking Machine Market Report Snapshots
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