Robotics And Automation Resulting In Better Metal Products


Posted November 15, 2018 by praneethtbrc

Asia Pacific was the largest geographic region accounting for 56.01% of the global market. China was the largest country accounting for 30.44% of the global metal products market.

 
Many metal and mineral manufacturing companies are using robotics and automation to improve plant efficiency and productivity. Sensors are being used in various machines to access invaluable data for improving efficiencies and reduce potential breakdowns. For instance, according to a report by Boston Consulting Group (BCG) in 2015, 1.2 million industrial robots are expected to be deployed by 2025, thus indicating rise in automation and robotics technology adoption to improve productivity and reduce production costs.

THE BUSINESS RESEARCH COMPANY VALUED THE METAL PRODUCTS MARKET AT $3 TRILLION IN 2017.

Asia Pacific was the largest geographic region in the market, accounting for more than half of the global market.

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According to The Business Research Company’s Consultant, Nitin Gianchandani, the demand for metal additive manufacturing is growing worldwide, especially in countries such as Germany, Japan, China, and India. This is primarily due to increasing consumer demand for lightweight, faster, and fuel-efficient automobiles, which drive the demand for metal additive manufacturing. Metal additive manufacturing is a 3D printing technology used to manufacture the final product by stacking layers of material, and then polishing for a seamless appearance.

Download a sample of the report at: https://www.thebusinessresearchcompany.com/sample.aspx?id=347&type=smp

Gibraltar Industries was the biggest player in the metal products market, with revenues exceeding $1 billion in 2016. Gibraltar strategy focuses on increasing its value by investing in growth initiatives, providing innovative products & excellent service to its customers, increasing its operational efficiency, as well as adapting its business strategy to changing market conditions.

The metal products market includes establishments primarily engaged in screw, nut, bolt, spring, wire, boiler, tank, shipping, architectural, structural metal, cutlery, hand tool manufacturing. This industry also includes forging, stamping, coating, engraving, heat treating and allied activities.

Metal Products Global Market Report 2018 is a detailed report giving a unique insight into this market. The report is priced at $6000 for an individual user. To use across your office, the price is $9000 and $12000 if you wish to use across a multinational company.

About The Business Research Company


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The Business Research Company is a market research and intelligence company, which excels in company, market and consumer research.

It has research professionals at its offices in the UK, India and the US as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, chemicals and technology.

The Business Research Company's management has more than 20 years of varied business research experience. They have delivered hundreds of research projects to the senior management of some of the world's largest organizations.

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Categories Business , Industry , Manufacturing
Tags architectural and structural metals manufacturing market , cutlery and hand tool manufacturing market report , forging and stamping market report , metal products global market report 2018
Last Updated November 15, 2018