At 4.6% CAGR, the Europe Metal Processing Machines Market is projected to be worth US$ 11,260.37 million by 2030, says Business Market Insights

According to Business Market Insights research, the Europe metal processing machines market was valued at US$ 8,200.42 million in 2023 and is expected to reach US$ 11,260.37 million by 2030, registering a CAGR of 4.6% from 2023 to 2030. Growing demand in automotive and aerospace industries and increasing government spending on military reinforcement are the critical factors attributed to the Europe metal processing machines market expansion.        

The importance of efficient and cost-effective manufacturing solutions is increasing with the rise in demand for metal products across various industries. Automated fabrication processes and robotics offer several advantages over traditional manual manufacturing methods. Automated fabrication processes can streamline the metal processing workflow by integrating computer-aided design and computer-aided manufacturing (CAD/CAM) systems. These systems allow manufacturers to automate tasks such as cutting, bending, welding, and finishing, reducing the need for manual laborers and improving overall efficiency. Automated processes can also enhance product quality by reducing errors and inconsistencies with manual production. In 2022, TRUMPF launched a new automated loading solution in collaboration with STOPA for laser tube cutting machines. This solution would help TRUMPF to automatically transfer tubes from a storage system to a tube-cutting machine. Automating such processes also allows enterprises to reduce nonproductive time, which results in enhanced overall productivity.

 In addition to automated fabrication processes, the use of robotics in metal processing operations has gained significant attention in recent years. Robots can perform various tasks from handling raw materials to finishing and packaging final products. They can work around the clock, improving productivity and reducing lead times. Furthermore, robots offer greater precision, accuracy, and repeatability than manual workers, leading to higher product quality and consistency. In 2020, Shape Process Automation partnered with TRUMPF and FANUC Robotics. This collaboration is expected to bring expertise into the company in robotics laser cutting systems. Technological developments in robotics allow companies to achieve cutting precision, cost reduction, quality improvement, and efficiency enhancement. Companies such as Ford, Boeing, Airbus, Toyota, Caterpillar, Apple, and Samsung have managed to enhance their productivity with such advancements in metal processing operations. Thus, the adoption of automated fabrication processes and the use of robotics presents significant opportunities for the growth of the Europe metal processing machine market.

On the contrary, volatility in raw material prices hampers the Europe metal processing machines market.

The Europe metal processing machines market is categorized into press brake, laser cutting machine, and bending machine. The press brake segment held 40.4% share of the Europe metal processing machines market in 2023, amassing US$ 3,310.49 million. It is projected to garner US$ 4,489.33 million by 2030 to expand at 4.4% CAGR during 2023–2030. 

The press brake market is further categorized into type, bending method, and application. By press brake, the type segment is further sub-segmented into manual, hydraulic, and electronic. The hydraulic sub-segment held 62.7% share of the Europe metal processing machines market in 2023, amassing US$ 2,074.05 million. It is projected to garner US$ 2,749.88 million by 2030 to expand at 4.1% CAGR during 2023–2030.  The bending method segment, by press brake, is classified into air bending, bottom bending, and coining. The air bending sub-segment held 50.4% share of the Europe metal processing machines market in 2023, amassing US$ 1,668.80 million. It is projected to garner US$ 2,217.79 million by 2030 to expand at 4.1% CAGR during 2023–2030. Also, the application segment, by press brake, is sub-segmented into automotive, aerospace, metal, furniture, and others. The automotive sub-segment held 40.5% share of the Europe metal processing machines market in 2023, amassing US$ 1,342.16 million. It is projected to garner US$ 1,985.11 million by 2030 to expand at 5.8% CAGR during 2023–2030.

Further, the laser cutting machine market is categorized into technology, process, and industry. By laser cutting machine, the technology segment is sub-segmented into fiber laser and plasma laser. The fiber laser sub-segment held 74.7% share of the Europe metal processing machines market in 2023, amassing US$ 2,178.67 million. It is projected to garner US$ 3,335.53 million by 2030 to expand at 6.3% CAGR during 2023–2030. The process segment, by laser cutting machine, is classified into fusion cutting, flame cutting, and sublimation cutting. The flame cutting sub-segment held 53.4% share of the Europe metal processing machines market in 2023, amassing US$ 1,557.65 million. It is projected to garner US$ 2,217.77 million by 2030 to expand at 5.2% CAGR during 2023–2030. Also, the industry segment, by laser cutting machine, is sub-segmented into automotive, aerospace & defense, consumer electronics, industrial, and others. The industrial sub-segment held 42.1% share of the Europe metal processing machines market in 2023, amassing US$ 1,227.72 million. It is projected to garner US$ 1,891.56 million by 2030 to expand at 6.4% CAGR during 2023–2030.

Also, the bending machine market is categorized into type, application, and products. By bending machine, the type segment is further sub-segmented into electric, hydraulic, pneumatic, and electromagnetic. The hydraulic sub-segment held 44.4% share of the Europe metal processing machines market in 2023, amassing US$ 876.22 million. It is projected to garner US$ 1,089.91 million by 2030 to expand at 3.2% CAGR during 2023–2030. The application segment, by bending machine, is classified into manufacturing, precision machinery, metals, and mining, automotive, and building and construction. The automotive sub-segment held 32.0% share of the Europe metal processing machines market in 2023, amassing US$ 631.00 million. It is projected to garner US$ 799.80 million by 2030 to expand at 3.4% CAGR during 2023–2030.  Also, the products segment, by bending machine, is sub-segmented into sheets, tube, and others. The tube sub-segment held 61.2% share of the Europe metal processing machines market in 2023, amassing US$ 1,207.69 million. It is projected to garner US$ 1,534.40 million by 2030 to expand at 3.5% CAGR during 2023–2030.

Based on country, the Europe metal processing machines market has been categorized into France, Germany, the UK, Spain, Russia, Poland, Austria, Switzerland, Sweden, Norway, Hungary, Belgium, Netherlands, and the Rest of Europe. Our regional analysis states that the Germany captured 30.0% share of Europe Metal Processing Machines Market in 2023. It was assessed at US$ 2,460.17 million in 2023 and is likely to hit US$ 3,749.24 million by 2030, exhibiting a CAGR of 6.2% during the forecast period.      

Key players dominating the Europe metal processing machines market are Bystronic AG; Dener USA LLC; Durmazlar Machinery Inc; Ermaksan Machinery Industry and Trade Inc; LVD Company NV; Prima Industrie SpA; Salvagnini Italia SPA; and TRUMPF SE + Co KG, among others.

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