Middle East and Africa Bi-Metal Band Saw Blades Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type (Carbide Tipped and High Speed Steel), Application (Steel, Aluminum, Cast Iron, Non-Ferrous Material, and Others), and End Use Industry (Automotive, Aerospace and Defense, Machine Manufacturing, and Others)
Market Introduction
The MEA region consists of South Africa, Saudi Arabia, the UAE, and the Rest of the MEA. The market in the region is experiencing rapid development with the growth of markets such as Dubai, Abu Dhabi, and Iran. New investments and better marketing strategies have led to the capture of market share in the MEA. Besides, Bi-Metal band saw blade is witnessing rapid development in the Middle East due to the increased adoption of advanced Bi-Metal band saw blades by the region's end-use industries. The manufacturers are offering band saw blades made of high-quality basic material and the latest technologies. Bi-Metal band saw blade offers high performance and extremely long service life and helps in lessening the cutting time. The Gulf countries are economically developed, whereas the African countries are yet to match up to the economic conditions of the Gulf countries and lag far behind. The harsh weather conditions of the desert, the lack of skilled laborers, and high labor wages in the region act as huge hindrances in the region's development. However, urbanization in the Middle East is transforming the outlook of countries. Middle Eastern countries look ahead to adopting advanced technologies and stand among the most highly urbanized countries. Consequently, the rising urban population has improved the construction of private residential buildings in semi-urban and urban cities. Industrialization and urbanization enhance construction activities, which is expected to stimulate the growth of the Bi-Metal band saw blade market in the region. The Bi-Metal band saw blade market is highly driven by economic development and the growing end-use industries such as automotive and construction. In recent years, the construction sector in the region has witnessed a sharp increase due to factors such as high economic growth, population growth, a rise in middle-class population, and an increase in foreign investments. Saudi Arabia, Oman, the UAE, and Egypt are initiating various infrastructure projects such as new megacities, harbor projects, railway projects, new airport projects, and housing projects. This is expected to create a demand for construction machines, thereby driving the Bi-Metal band saw blade market during the forecast period.
In the MEA, Turkey is a highly affected country by the COVID-19 pandemic, followed by South Africa and the UAE. The pandemic has had a direct impact on production and demand, causing supply chain and market disruption, further affecting business performances and the global economy. Chemicals & materials is one of the major industries experiencing severe disruptions in the form of disrupted supply chains and plant operations. The bi metal band saw blade market has been harmed by an insufficient supply of raw materials such as high-speed steel tooth tips and alloy steel, as well as disruptions in bi metal band saw blade production processes. However, as the economies are reviving, the regional bi metal band saw blades market is expected to register notable positive growth in the coming years.
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Market Overview and Dynamics
The MEA bi-metal band saw blades market is expected to grow from US$ 184.43 million in 2021 to US$ 214.56 million by 2028; it is estimated to grow at a CAGR of 2.2% from 2021 to 2028. Bi-metal band saw blades are widely used across the industries such as automotive, aerospace, and machine manufacturing for cutting various metals, including cast iron, steel, aluminum, and non-ferrous metals. Metal cutting is one of the primary tasks in automotive part manufacturing. Bi-metal band saw blades deliver high-quality cuts by optimizing the production costs and increasing overall productivity. Manufacturers and suppliers of automotive components are under constant pressure to improve efficiency and productivity as a result of intense competition. Thus, the elevating demand for high-precision cutting tools that are cost-effective and durable is driving the growth of bi-metal band saw blades market in the automotive sector. Moreover, bi-metal band saw blades are used for sawing metals required for manufacturing aircraft components such as engine components, chassis components, interior panels, mold and structural part outer panels, and propeller and rotor blades. Bi-metal band saw blades meet the aircraft manufacturers’ criteria such as reliability, process security, low error rates, and long blade life. Furthermore, bi-metallic band saw blades are being extensively used in the industrial machines and equipment manufacturing processes due to their superior cutting performance at high speeds and high output. Thus, the increasing use of bi-metal band saw blades across different manufacturing industries is boosting the MEA market growth.
Key Market Segments
In terms of product type, the high speed steel segment accounted for the largest share of the MEA bi-metal band saw blades market in 2020. In terms of application, the steel segment held a larger market share of the MEA bi-metal band saw blades market in 2020. Further, the others segment held a larger share of the MEA bi-metal band saw blades market based on end use industry in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the MEA bi-metal band saw blades market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are AMADA MACHINERY CO., LTD.; BICHAMP CUTTING TECHNOLOGY CO(HUNAN).,LTD; EBERLE; Gebr. Lennartz GmbH & Co. KG; ROBERT RÖNTGEN GMBH & CO. KG; SNA Europe (BAHCO); and Starrett among others.
Reasons to buy report
- To understand the MEA bi-metal band saw blades market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for MEA bi-metal band saw blades market
- Efficiently plan M&A and partnership deals in MEA bi-metal band saw blades market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form MEA bi-metal band saw blades market
- Obtain market revenue forecast for market by various segments from 2021-2028 in MEA region.
MEA Bi-Metal Band Saw Blades Market Segmentation
MEA Bi-Metal Band Saw Blades Market - By Product Type
- Carbide Tipped
- High Speed Steel
MEA Bi-Metal Band Saw Blades Market - By Application
- Steel
- Aluminum
- Cast Iron
- Non-Ferrous Material
- Others
MEA Bi-Metal Band Saw Blades Market - By End Use Industry
- Automotive
- Aerospace and Defense
- Machine Manufacturing
- Others
MEA Bi-Metal Band Saw Blades Market - By Country
- Saudi Arabia
- South Africa
- UAE
- Rest of MEA
MEA Bi-Metal Band Saw Blades Market - Company Profiles
- AMADA MACHINERY CO., LTD.
- BICHAMP CUTTING TECHNOLOGY CO(HUNAN).,LTD
- EBERLE
- Gebr. Lennartz GmbH & Co. KG
- ROBERT RÖNTGEN GMBH & CO. KG
- SNA Europe (BAHCO)
- Starrett
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. MEA Bi-Metal Band Saw Blades Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of Substitutes
4.2.4 Threat of New Entrants
4.2.5 Intensity of Competitive Rivalry
4.3 Expert Opinion
4.4 Ecosystem Analysis
5. MEA Bi-Metal Band Saw Blades Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Cost-Effectiveness of Tools that Enable High-Performance In-House Metal Sawing
5.1.2 Burgeoning Demand from Various End-User Industries
5.2 Market Restraint
5.2.1 High Cost of Maintenance Required for Bi Metal Band Saw Blades
5.3 Market Opportunities
5.3.1 Rising Development of Innovative Products
5.4 Trends
5.4.1 Surging Customization of Band Saw Blade Products
5.5 Impact Analysis of Drivers and Restraint
6. Bi-Metal Band Saw Blades Market– MEA Analysis
6.1 MEA Bi-Metal Band Saw Blades Market Overview
6.2 MEA Bi-Metal Band Saw Blades Market –Revenue and Forecast to 2028 (US$ Million)
7. MEA Bi-Metal Band Saw Blades Market - By Product Type
7.1 Overview
7.2 MEA Bi-Metal Band Saw Blades Market, By Product Type (2020 and 2028)
7.3 Carbide Tipped
7.3.1 Overview
7.3.2 Carbide Tipped: Bi-Metal Band Saw Blades Market- Revenue and Forecasts to 2028 (US$ Mn)
7.4 High Speed Steel
7.4.1 Overview
7.4.2 High Speed Steel: Bi-Metal Band Saw Blades Market- Revenue and Forecasts to 2028 (US$ Mn)
8. MEA Bi-Metal Band Saw Blades Market - By Application
8.1 Overview
8.2 MEA Bi-Metal Band Saw Blades Market, By Application (2020 and 2028)
8.3 Steel
8.3.1 Overview
8.3.2 Steel: Bi-Metal Band Saw Blades Market- Revenue and Forecasts to 2028 (US$ Mn)
8.4 Aluminum
8.4.1 Overview
8.4.2 Aluminum: Bi-Metal Band Saw Blades Market- Revenue and Forecasts to 2028 (US$ Mn)
8.5 Cast Iron
8.5.1 Overview
8.5.2 Cast Iron: Bi-Metal Band Saw Blades Market- Revenue and Forecasts to 2028 (US$ Mn)
8.6 Non-Ferrous Materials
8.6.1 Overview
8.6.2 Non-Ferrous Materials: Bi-Metal Band Saw Blades Market – Revenue and Forecast to 2028 (US$ Mn)
8.7 Others
8.7.1 Overview
8.7.2 Others: Bi-Metal Band Saw Blades Market – Revenue and Forecast to 2028 (US$ Mn)
9. MEA Bi-Metal Band Saw Blades Market – By End Use Industry
9.1 Overview
9.2 MEA Bi-Metal Band Saw Blades Market, By End Use Industry (2020 and 2028)
9.3 Automotive
9.3.1 Overview
9.3.2 Automotive: Bi-Metal Band Saw Blades Market – Revenue and Forecast to 2028 (US$ Mn)
9.4 Aerospace and Defense
9.4.1 Overview
9.4.2 Aerospace and Defense: Bi-Metal Band Saw Blades Market – Revenue and Forecast to 2028 (US$ Mn)
9.5 Machine Manufacturing
9.5.1 Overview
9.5.2 Machine Manufacturing: Bi-Metal Band Saw Blades Market – Revenue and Forecast to 2028 (US$ Mn)
9.6 Others
9.6.1 Overview
9.6.2 Others: Bi-Metal Band Saw Blades Market – Revenue and Forecast to 2028 (US$ Mn)
10. MEA Bi-Metal Band Saw Blades Market – Country Analysis
10.1 Overview
10.1.1 MEA: Bi-Metal Band Saw Blade Market, by Key Country
10.1.1.1 South Africa: Bi-Metal Band Saw Blade Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 South Africa: Bi-Metal Band Saw Blade Market, by Product Type
10.1.1.1.2 South Africa: Bi-Metal Band Saw Blade Market, by Application
10.1.1.1.3 South Africa: Bi-Metal Band Saw Blade Market, by End-Use Industry
10.1.1.2 Saudi Arabia: Bi-Metal Band Saw Blade Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Saudi Arabia: Bi-Metal Band Saw Blade Market, by Product Type
10.1.1.2.2 Saudi Arabia: Bi-Metal Band Saw Blade Market, by Application
10.1.1.2.3 Saudi Arabia: Bi-Metal Band Saw Blade Market, by End-Use Industry
10.1.1.3 UAE: Bi-Metal Band Saw Blade Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 UAE: Bi-Metal Band Saw Blade Market, by Product Type
10.1.1.3.2 UAE: Bi-Metal Band Saw Blade Market, by Application
10.1.1.3.3 UAE: Bi-Metal Band Saw Blade Market, by End-Use Industry
10.1.1.4 Rest of MEA: Bi-Metal Band Saw Blade Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 Rest of MEA: Bi-Metal Band Saw Blade Market, by Product Type
10.1.1.4.2 Rest of MEA: Bi-Metal Band Saw Blade Market, by Application
10.1.1.4.3 Rest of MEA: Bi-Metal Band Saw Blade Market, by End-Use Industry
11. Impact of COVID-19 on MEA Bi Metal Band Saw Blades Market
11.1 MEA: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
13. Company Profiles
13.1 BICHAMP CUTTING TECHNOLOGY CO(HUNAN).,LTD
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 EBERLE
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Starrett
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 SNA Europe (BAHCO)
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 AMADA MACHINERY CO., LTD.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 ROBERT RÖNTGEN GMBH & CO. KG
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Gebr. Lennartz GmbH & Co. KG
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary
LIST OF TABLES
Table 1. MEA Bi-Metal Band Saw Blades Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. South Africa Bi-Metal Band Saw Blade Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. South Africa Bi-Metal Band Saw Blade Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 4. South Africa Laminate Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 5. Saudi Arabia Bi-Metal Band Saw Blade Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 6. Saudi Arabia Bi-Metal Band Saw Blade Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 7. Saudi Arabia Laminate Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 8. UAE Bi-Metal Band Saw Blade Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 9. UAE Bi-Metal Band Saw Blade Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 10. UAE Laminate Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 11. Rest of MEA Bi-Metal Band Saw Blade Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 12. Rest of MEA Bi-Metal Band Saw Blade Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of MEA Bi-Metal Band Saw Blade Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 14. Glossary of Terms
LIST OF FIGURES
Figure 1. MEA Bi-Metal Band Saw Blades Market Segmentation
Figure 2. MEA Bi-Metal Band Saw Blades Market Segmentation – By Country
Figure 3. MEA Bi-Metal Band Saw Blades Market Overview
Figure 4. Others Segment Held the Largest Share of the Market in 2020
Figure 5. Rest of MEA Held the Largest Share of the Market in 2020
Figure 6. Porter ‘s Five Forces Analysis
Figure 7. Expert Opinion
Figure 8. MEA Bi-Metal Band Saw Blades Market – Ecosystem Analysis
Figure 9. MEA Bi-Metal Band Saw Blades Market Impact Analysis of Drivers and Restraints
Figure 10. MEA: Bi-Metal Band Saw Blades Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. MEA Bi-Metal Band Saw Blades Market Revenue Share, By Product Type (2020 and 2028)
Figure 12. MEA Carbide Tipped: Bi-Metal Band Saw Blades Market- Revenue and Forecasts to 2028 (US$ Mn)
Figure 13. MEA High Speed Steel: Bi-Metal Band Saw Blades Market- Revenue and Forecasts to 2028 (US$ Mn)
Figure 14. MEA Bi-Metal Band Saw Blades Market Revenue Share, By Application (2020 and 2028)
Figure 15. MEA Steel: Bi-Metal Band Saw Blades Market- Revenue and Forecasts to 2028 (US$ Mn)
Figure 16. MEA Aluminum: Bi-Metal Band Saw Blades Market- Revenue and Forecasts to 2028 (US$ Mn)
Figure 17. MEA Cast Iron: Bi-Metal Band Saw Blades Market- Revenue and Forecasts to 2028 (US$ Mn)
Figure 18. MEA Non-Ferrous Materials: Bi-Metal Band Saw Blades Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 19. MEA Others: Bi-Metal Band Saw Blades Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 20. MEA Bi-Metal Band Saw Blades Market Revenue Share, By End Use Industry (2020 and 2028)
Figure 21. MEA Automotive: Bi-Metal Band Saw Blades Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 22. MEA Aerospace and Defense: Bi-Metal Band Saw Blades Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 23. MEA Machine Manufacturing: Bi-Metal Band Saw Blades Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 24. MEA Others: Bi-Metal Band Saw Blades Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 25. MEA: Bi-Metal Band Saw Blade Market Revenue Overview, by Country (2020) (US$ Mn)
Figure 26. MEA: Bi-Metal Band Saw Blade Market Revenue Share, by Key Country (2020 and 2028)
Figure 27. South Africa: Bi-Metal Band Saw Blade Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Saudi Arabia: Bi-Metal Band Saw Blade Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. UAE: Bi-Metal Band Saw Blade Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Rest of MEA: Bi-Metal Band Saw Blade Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Impact of COVID-19 Pandemic in MEA
- AMADA MACHINERY CO., LTD.
- BICHAMP CUTTING TECHNOLOGY CO(HUNAN).,LTD
- EBERLE
- Gebr. Lennartz GmbH & Co. KG
- ROBERT RÖNTGEN GMBH & CO. KG
- SNA Europe (BAHCO)
- Starrett
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the MEA bi-metal band saw blades market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the MEA bi-metal band saw blades market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth MEA market trends and outlook coupled with the factors driving the bi-metal band saw blades market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution