Market Size of France Metal Fabrication Equipment Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | 3.00 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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France Metal Fabrication Equipment Market Analysis
The French metal fabrication equipment market is strongly growing in the European region. Europe is the second-largest market for metal fabrication equipment across the world.
- The market is also driven by the growing share of the basic metal and fabricated metal products, which constitute about 12% of the country’s entire manufacturing sector. They are increasingly used in the manufacturing, construction, and oil and gas industries in various applications, such as cutting, machining, forming, and welding processes.
- Based on the end-userindustry, the type of equipment and the volume of sales are being driven. For example, while cutting and machining are extensively used in the manufacturing and construction sectors, the oil and gas sector utilizes most of the forming and welding equipment services.
- Inrecent times, with the recovery of the French manufacturing sector, there has beenincreased growth in the sales of cutting and machining tools over forming and welding equipment. The country's construction industry registered a growth rate of 2.6% in 2017, in real terms. The industry's output value, in real terms, is expected to record a CAGR of 1.95% over the forecast period – up from -0.19% during 2013-2017.
France Metal Fabrication Equipment Industry Segmentation
A complete background analysis of the French metal fabrication equipment market, including an assessment of the national accounts, economy, and emerging market trends by segment, significant changes in the market dynamics, and market overview, is covered in the report.
| Product Type | |
| Automatic | |
| Semi-automatic | |
| Manual |
| End-user industry | |
| Oil and Gas | |
| Manufacturing | |
| Power and Utilities | |
| Construction | |
| Other end-user industries |
France Metal Fabrication Equipment Market Size Summary
The French metal fabrication equipment market is experiencing robust growth, positioning itself as a significant player within the European region, which is the second-largest market globally for such equipment. This growth is largely attributed to the increasing demand for basic and fabricated metal products, which play a crucial role in the country's manufacturing sector. These products are extensively utilized across various industries, including manufacturing, construction, and oil and gas, for processes such as cutting, machining, forming, and welding. The recovery of the French manufacturing sector has notably boosted the sales of cutting and machining tools, particularly in the construction industry, which has shown positive growth trends in recent years.
The market landscape is characterized by a diverse range of end-user industries driving the demand for different types of equipment. While the manufacturing and construction sectors predominantly use cutting and machining tools, the oil and gas industry relies heavily on forming and welding equipment. The demand for mechanized cutting equipment is expected to rise, driven by the need for automation due to a shortage of skilled labor in developed countries like France. Despite the current focus on cutting machinery, future trends may see metal forming products gaining prominence. The market remains fragmented, offering ample opportunities for new entrants, as there is a continuous pursuit of innovative and energy-efficient manufacturing methods across various industries.
France Metal Fabrication Equipment Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Factors Driving the Market
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1.3 Factors Restraining the Market
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1.4 Industry Attractiveness - Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products and Services
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1.4.5 Competitive rivalry within the Industry
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1.5 Industry Value Chain/Supply Chain Analysis
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1.6 Technological Advancements in the French Metal Fabrication Market
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1.7 Government Regulations and Key Initiatives in the French Metal Fabrication Market
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2. MARKET SEGMENTATION
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2.1 Product Type
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2.1.1 Automatic
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2.1.2 Semi-automatic
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2.1.3 Manual
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2.2 End-user industry
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2.2.1 Oil and Gas
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2.2.2 Manufacturing
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2.2.3 Power and Utilities
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2.2.4 Construction
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2.2.5 Other end-user industries
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France Metal Fabrication Equipment Market Size FAQs
What is the current France Metal Fabrication Equipment Market size?
The France Metal Fabrication Equipment Market is projected to register a CAGR of less than 3% during the forecast period (2024-2029)
Who are the key players in France Metal Fabrication Equipment Market?
Schuco International, JIER Group, AIA, Hurco and Hardinge are the major companies operating in the France Metal Fabrication Equipment Market.
