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Blanking Machine Market Worth $1,457.6 Million by 2030 | Covid-19 Impact With Competitive Analysis

09-20-2021 08:29 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Blanking Machine Market

Blanking Machine Market

Developments in automotive, aerospace, and defense sectors and economic growth drive the growth of the market. However, fluctuation in raw material prices is anticipated to hamper the growth of the global blanking machine.

The global blanking machine market size was valued at $0.92 billion in 2020, and is expected to reach $1.45 billion by 2030, with a CAGR of 4.2% from 2021 to 2030.

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Blanking machines are used for cutting or blanking relatively soft delicate materials such as paper, metal, and fabric. They can be also used to cut hard materials such as sponge, function films, plywood, and rubber. Blanking machine is adopted in machining operations, owing to precision control, smooth machining operation, maintain balance, and avoid positioning error. These factors fuel the blanking machine market growth.

Key Market Players

AMADA CO Ltd
Hagel Automation GmbH
Autoprint Machinery Manufacturers Pvt Ltd
Hubei Tri-ring Metalforming Equipment Co Ltd
Jet Pack Machines Pvt Ltd
Komori Corporation
Precision Surfacing Solutions (Lapmaster Wolters)
Schuler AG
Torontech Inc.
Ueshima Seisakusho Co Ltd.

Key Benefits

The report provides an extensive analysis of the current blanking machine market trends and future estimations.

Extensive analysis of global blanking machine is conducted by following key product positioning and monitoring of the top competitors within the market framework.

A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.

The global blanking machine market forecast analysis from 2021 to 2030 is included in the report.

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Key Market Segments

By Product Type

Hydraulic
Pneumatic
Mechanical

By Material

Steel
Aluminum
Alloy
Others

By End-User

Automobile Industry
Aerospace Industry
Home Applications
Others

By Region

North America
Europe
Asia-Pacific
LAMEA

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

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