The Reports and Insights, a leading market research company, has recently releases report titled “Metal Spinning Machines Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Metal Spinning Machines Market Growth, share, size and trends forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the Metal Spinning Machines Market?
The global metal spinning machine market size reached US$ 109.2 million in 2023. The market to reach US$ 178.3 million in 2032, exhibiting a growth rate (CAGR) of 5.6% during 2024-2032.
What are Metal Spinning Machines?
Metal spinning machines are specialized lathes used to shape metal discs or tubes into symmetrical parts through the metal spinning process. In this process, a metal blank is secured onto a mandrel, and as the machine spins the blank at high speeds, a roller tool applies pressure to form the desired shape. This technique is commonly used to produce components like cones, cylinders, and hemispheres for industries such as aerospace, automotive, and lighting. Metal spinning machines provide high precision, versatility, and the capability to create complex shapes with minimal material waste.
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What are the growth prospects and trends in the Metal Spinning Machines industry?
The metal spinning machines market growth is driven by various factors and trends. The market for metal spinning machines is experiencing a consistent uptick, driven by the escalating demand for customized metal parts across industries like aerospace, automotive, and lighting. These machines offer flexibility in shaping various metals, including aluminum, stainless steel, and copper, into intricate and accurate components. Factors such as the increasing focus on lightweight materials, advancements in metal spinning technology, and the integration of automation and CNC systems are propelling market growth. Moreover, the capability of metal spinning machines to produce parts with high precision, minimal material wastage, and shorter production times is further boosting their adoption in diverse industries. Hence, all these factors contribute to metal spinning machines market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
Machine Type:
- Manual Metal Spinning Machines
- Automatic Metal Spinning Machines
- CNC Metal Spinning Machines
End-Use Industry:
- Aerospace and Defense
- Automotive
- Electronics
- Lighting
- Medical
- Industrial Machinery
- Others
Application:
- Metal Components
- Decorative Items
- Vessels and Containers
- Artistic Metalwork
- Others
Material Type:
- Aluminium
- Steel
- Brass
- Copper
- Other Alloys
Sales Channel:
- Direct Sales
- Distributor/Dealer Network
- Online Retailing
Price Range:
- Low-End Segment
- Mid-Range Segment
- High-End Segment
Segmentation By Region:
North America:
- United States
- Canada
Europe:
- Germany
- United Kingdom
- France
- Italy
- Spain
- Russia
- Poland
- BENELUX
- NORDIC
- Rest of Europe
Asia Pacific:
- China
- Japan
- India
- South Korea
- ASEAN
- Australia & New Zealand
- Rest of Asia Pacific
Latin America:
- Brazil
- Mexico
- Argentina
- Rest of Latin America
Middle East & Africa:
- Saudi Arabia
- South Africa
- United Arab Emirates
- Israel
- Rest of MEA
Who are the key players operating in the industry?
The report covers the major market players including:
- Schuler AG
- Leifeld Metal Spinning AG
- Denoon SPINNING
- MJC Engineering & Technology, Inc.
- Spincraft
- Baileigh Industrial
- Manotti
- Watson Engineering, Inc.
- AM Industrial Group
- Denman
- Bulova Technologies Group, Inc.
- Yamazaki Mazak Corporation
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