Market Trends of Italy Metal Fabrication Equipment Industry
This section covers the major market trends shaping the Italy Metal Fabrication Equipment Market according to our research experts:
Manufacturing Production is the Key Trend Driving Demand Generation in the Market
The Italian manufacturing sector is critical to its economy, with its strong global brand and reputation. It majorly includes small and medium enterprises with less than 10 employees. Currently, the manufacturing sector is established enough to take advantage of the technological transformations in the industry due to the "Industry 4.0" revolution. It is actively looking to leverage its educated workforce, strategic geographical position in Europe, and reputation for high-quality products.
Italy's most significant industry is manufacturing, making up 88% of all production. Manufacturing is made up of the following major subsectors - metallurgy and fabricated metal products (14% of total production); machinery and equipment (12%); food, alcohol, and tobacco (10%); rubber and plastics products and non-metallic mineral products (9%); textile, clothing, and leather (8%); transport equipment (7%); and other manufacturing, repair, and installation of machinery and equipment (13%).
Italy's machinery and equipment industry plays a key role in supporting the other manufacturing subsectors, both domestically and globally. It has a high degree of export orientation.
The manufacturing sector is highly fragmented, with SMEs dominating machinery and equipment production. There is a high degree of fragmentation in the supply chains of large companies in the areas of food production equipment, packing equipment, construction equipment, and metallurgical machinery.
Waterjet Cutting Machines Witness Growing Significance, Particularly in Steel Metal Fabrication
Waterjet cutting is widely and most effectively used for sheet metal fabrication, avoiding any physical alteration or mechanical deformation of parts and reducing scraps to optimize the use of raw materials. There are many innovative methods, such as the 5-axe 3D system with touch probe and anti-collision function, which use automatically positioned touch probes to maintain a constant distance from the nozzle automatically, thus, protecting the nozzle during plane cutting, with ± 69° interpolated tilt or with the ITC technology.
Waterjet cutting machines are widely used in sectors like automotive, aerospace, electronics, textile, construction, and mining. These tools are used to cut steel, titanium, and other metals in the auto industry.
Metal gaskets for classic vehicles, disc brakes, clutches, and other racing car parts, as well as delicate fittings and brackets, are all produced using these machines. These machines are utilized in the electronics sector for a wide range of jobs, including designing and cutting circuit boards and producing control panels, generator parts, electrical enclosures, and other associated machinery. The market for waterjet cutting machines is predicted to grow profitably due to various applications.
The Edge 5 Model System is an ideal product for inclined cutting to obtain 45° grooves, with five interpolated axes for controlling taper and 2D ±55° inclined cutting. The touch probe system aids in the accurate positioning of the Z-axis to obtain flawless grooves. The ITC system is also included in the system.
According to Volza's data on Italian exports, 32 Italian exporters shipped 166 waterjets to 33 buyers in Italy. Italy is the world's top waterjet exporter, sending most of its products to the United States, India, and Vietnam. The top three product categories for Italian waterjet exports are Code HSN 84129090: HS: additional parts, Code HSN 40169390: Other HS, and Code 84249023 on HSN: 84249023.
