Metal machining scrap equipment market size set to increase by USD 319.08 million: Evolving opportunities with Advance Hydrau Tech Pvt. Ltd. and Applied Recovery Systems Inc.

NEW YORK, Feb. 14, 2023 /PRNewswire/ — The metal machining scrap equipment market size is forecast to increase by USD 319.08 million from 2022 to 2027, at a CAGR of 3.49%, according to the recent market study by Technavio. The report includes historic market data from 2017 to 2021. In 2017, the parcel sortation market was valued at USD 1,549.66 million. The growth of the market will be driven by the increasing demand for metal scrap in various application industries, the rising demand for housing projects globally, and the stringent government legislation to reduce environmental pollution. Charts and data tables about market and segment sizes for a historic period of five (2017-2021) years have been covered in this report. Download The Sample Report

Technavio has extensively analyzed 15 major vendors, including Advance Hydrau Tech Pvt. Ltd., Applied Recovery Systems Inc., Brentwood RM Pty Ltd, Caterpillar Inc., CP Manufacturing Inc., Fornnax Technology Pvt Ltd., Gensco Equipment Inc., Granutech Saturn Systems, Green Machine, Iron Ax, Lefort, MAYFRAN INTERNATIONAL, Metso Outotec Corp., PRAB Inc., Rapid Granulator, SP Industries Inc., Vaner Machinery Co. Ltd., WEIMA America Inc., Wendt Corp., and Wiscon Envirotech Inc.

To get detailed insights about inclusions and exclusions, buy the report

Key benefits for industry players and stakeholders –

The report offers information on the criticality of vendor inputs, including R&D, CAPEX, and technology.
It also provides detailed analyses of the market’s competitive landscape and vendors’ product offerings.
The report also provides a qualitative and quantitative analysis of vendors to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

Expand operations in the future – To get requisite details, ask for a custom report.

Customer Landscape – Analysis of Price Sensitivity, Adoption Lifecycle, Customer Purchase Basket, Adoption Rates, and Purchase Criteria by Technavio

One of the core components of the customer landscape is price sensitivity, an analysis of which will help companies refine marketing strategies to gain a competitive advantage.
Another key aspect is price sensitivity drivers (purchases are undifferentiated, the purchase is a key cost to buyers, and quality is not important), which range between LOW and HIGH.
Furthermore, market adoption rates for all regions have been covered.

Get a holistic overview of the endoscopic closure devices market by industry experts to evaluate and develop growth strategies. Download the Sample

The market is segmented by segment application (machine shops and foundries), type (baler press, shredders, shears, and others), and geography (APAC, Europe, North America, Middle East and Africa, and South America).

Segmentation by application (Inclusion/Exclusion)

Machine shops

The machine shops in the machining scrap equipment market are mostly utilized for recycling and to reduce the consumption of raw materials. And this machinery is quite useful for producing a variety of components in a small quantity. It is also utilized for a variety of additional applications, such as the disposal of scrap items. Overall, the use of machine scrap equipment in machine shops helps to improve the productivity, safety, and profitability of the operation. Thus, the machine shops segment contributes towards the growth of the market during the forecast market.

Related Reports:

The scrap metal recycling market share is expected to increase to 340.73 million tons from 2022 to 2027, and the market’s growth momentum will accelerate at a CAGR of 8.15%. Furthermore, this report extensively covers the market segmentation by type (ferrous metals and non-ferrous metals), application (construction, automotive, consumer goods, and industrial goods), and geography (APAC, Europe, North America, Middle East and Africa, and South America).
The metal machining market share is expected to increase to USD 13.52 billion from 2021 to 2026, at a CAGR of 3.24%. Furthermore, this market research extensively covers segmentation by end-user (automotive, construction, aerospace, and others) and geography (APAC, North America, Europe, South America, and the Middle East and Africa).

Register for a free trial today and gain instant access to 17,000+ market research reports.

Technavio’s SUBSCRIPTION platform

What are the key data covered in this metal machining scrap equipment market report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the metal machining scrap equipment market between 2023 and 2027
Precise estimation of the size of the metal machining scrap equipment market size and its contribution to the market in focus on the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the metal machining scrap equipment market industry across APAC, Europe, North America, Middle East and Africa, and South America
A thorough analysis of the market’s competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of metal machining scrap equipment market vendors

Metal Machining Scrap Equipment Market Scope
Report Coverage	Details
Page number	157
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 3.49%
Market growth 2023-2027	USD 319.08 million
Market structure	Fragmented
YoY growth 2022-2023 (%)	3.29
Regional analysis	APAC, Europe, North America, Middle East and Africa, and South America
Performing market contribution	APAC at 53%
Key countries	US, China, Japan, India, and Germany
Competitive landscape	Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled	Advance Hydrau Tech Pvt. Ltd., Applied Recovery Systems Inc., Brentwood RM Pty Ltd, Caterpillar Inc., CP Manufacturing Inc., Fornnax Technology Pvt Ltd., Gensco Equipment Inc., Granutech Saturn Systems, Green Machine, Iron Ax, Lefort, MAYFRAN INTERNATIONAL, Metso Outotec Corp., PRAB Inc., Rapid Granulator, SP Industries Inc., Vaner Machinery Co. Ltd., WEIMA America Inc., Wendt Corp., and Wiscon Envirotech Inc.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents:

1 Executive Summary

1.1 Market OverviewExhibit 01: Executive Summary – Chart on Market Overview

Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
Exhibit 07: Executive Summary – Chart on Incremental Growth
Exhibit 08: Executive Summary – Data Table on Incremental Growth
Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

· 2 Market Landscape

2.1 Market ecosystem

Exhibit 10: Parent market
Exhibit 11: Market Characteristics

· 3 Market Sizing

3.1 Market definition

Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 13: Market segments

3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027

Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

· 4 Historic Market Size

4.1 Global metal machining scrap equipment market 2017 – 2021

Exhibit 18: Historic Market Size – Data Table on Global metal machining scrap equipment market 2017 – 2021 ($ million)

4.2 Application Segment Analysis 2017 – 2021

Exhibit 19: Historic Market Size – Application Segment 2017 – 2021 ($ million)

4.3 Type Segment Analysis 2017 – 2021

Exhibit 20: Historic Market Size – Type Segment 2017 – 2021 ($ million)

4.4 Geography Segment Analysis 2017 – 2021

Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)

4.5 Country Segment Analysis 2017 – 2021

Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)

· 5 Five Forces Analysis

5.1 Five forces summary

Exhibit 23: Five forces analysis – Comparison between 2022 and 2027

5.2 Bargaining power of buyers

Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

5.3 Bargaining power of suppliers

Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

5.4 Threat of new entrants

Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

5.5 Threat of substitutes

Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

5.6 Threat of rivalry

Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

5.7 Market condition

Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

· 6 Market Segmentation by Application

6.1 Market segments

Exhibit 30: Chart on Application – Market share 2022-2027 (%)
Exhibit 31: Data Table on Application – Market share 2022-2027 (%)

6.2 Comparison by Application

Exhibit 32: Chart on Comparison by Application
Exhibit 33: Data Table on Comparison by Application

6.3 Machine shops – Market size and forecast 2022-2027

Exhibit 34: Chart on Machine shops – Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on Machine shops – Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on Machine shops – Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Machine shops – Year-over-year growth 2022-2027 (%)

6.4 Foundries – Market size and forecast 2022-2027

Exhibit 38: Chart on Foundries – Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on Foundries – Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on Foundries – Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Foundries – Year-over-year growth 2022-2027 (%)

6.5 Market opportunity by Application

Exhibit 42: Market opportunity by Application ($ million)

· 7 Market Segmentation by Type

7.1 Market segments

Exhibit 43: Chart on Type – Market share 2022-2027 (%)
Exhibit 44: Data Table on Type – Market share 2022-2027 (%)

7.2 Comparison by Type

Exhibit 45: Chart on Comparison by Type
Exhibit 46: Data Table on Comparison by Type

7.3 Baler press – Market size and forecast 2022-2027

Exhibit 47: Chart on Baler press – Market size and forecast 2022-2027 ($ million)
Exhibit 48: Data Table on Baler press – Market size and forecast 2022-2027 ($ million)
Exhibit 49: Chart on Baler press – Year-over-year growth 2022-2027 (%)
Exhibit 50: Data Table on Baler press – Year-over-year growth 2022-2027 (%)

7.4 Shredders – Market size and forecast 2022-2027

Exhibit 51: Chart on Shredders – Market size and forecast 2022-2027 ($ million)
Exhibit 52: Data Table on Shredders – Market size and forecast 2022-2027 ($ million)
Exhibit 53: Chart on Shredders – Year-over-year growth 2022-2027 (%)
Exhibit 54: Data Table on Shredders – Year-over-year growth 2022-2027 (%)

7.5 Shears – Market size and forecast 2022-2027

Exhibit 55: Chart on Shears – Market size and forecast 2022-2027 ($ million)
Exhibit 56: Data Table on Shears – Market size and forecast 2022-2027 ($ million)
Exhibit 57: Chart on Shears – Year-over-year growth 2022-2027 (%)
Exhibit 58: Data Table on Shears – Year-over-year growth 2022-2027 (%)

7.6 Others – Market size and forecast 2022-2027

Exhibit 59: Chart on Others – Market size and forecast 2022-2027 ($ million)
Exhibit 60: Data Table on Others – Market size and forecast 2022-2027 ($ million)
Exhibit 61: Chart on Others – Year-over-year growth 2022-2027 (%)
Exhibit 62: Data Table on Others – Year-over-year growth 2022-2027 (%)

7.7 Market opportunity by Type

Exhibit 63: Market opportunity by Type ($ million)

· 8 Customer Landscape

8.1 Customer landscape overview

Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

· 9 Geographic Landscape

9.1 Geographic segmentation

Exhibit 65: Chart on Market share by geography 2022-2027 (%)
Exhibit 66: Data Table on Market share by geography 2022-2027 (%)

9.2 Geographic comparison

Exhibit 67: Chart on Geographic comparison
Exhibit 68: Data Table on Geographic comparison

9.3 APAC – Market size and forecast 2022-2027

Exhibit 69: Chart on APAC – Market size and forecast 2022-2027 ($ million)
Exhibit 70: Data Table on APAC – Market size and forecast 2022-2027 ($ million)
Exhibit 71: Chart on APAC – Year-over-year growth 2022-2027 (%)
Exhibit 72: Data Table on APAC – Year-over-year growth 2022-2027 (%)

9.4 Europe – Market size and forecast 2022-2027

Exhibit 73: Chart on Europe – Market size and forecast 2022-2027 ($ million)
Exhibit 74: Data Table on Europe – Market size and forecast 2022-2027 ($ million)
Exhibit 75: Chart on Europe – Year-over-year growth 2022-2027 (%)
Exhibit 76: Data Table on Europe – Year-over-year growth 2022-2027 (%)

9.5 North America – Market size and forecast 2022-2027

Exhibit 77: Chart on North America – Market size and forecast 2022-2027 ($ million)
Exhibit 78: Data Table on North America – Market size and forecast 2022-2027 ($ million)
Exhibit 79: Chart on North America – Year-over-year growth 2022-2027 (%)
Exhibit 80: Data Table on North America – Year-over-year growth 2022-2027 (%)

9.6 Middle East and Africa – Market size and forecast 2022-2027

Exhibit 81: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
Exhibit 82: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
Exhibit 83: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
Exhibit 84: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)

9.7 South America – Market size and forecast 2022-2027

Exhibit 85: Chart on South America – Market size and forecast 2022-2027 ($ million)
Exhibit 86: Data Table on South America – Market size and forecast 2022-2027 ($ million)
Exhibit 87: Chart on South America – Year-over-year growth 2022-2027 (%)
Exhibit 88: Data Table on South America – Year-over-year growth 2022-2027 (%)

9.8 US – Market size and forecast 2022-2027

Exhibit 89: Chart on US – Market size and forecast 2022-2027 ($ million)
Exhibit 90: Data Table on US – Market size and forecast 2022-2027 ($ million)
Exhibit 91: Chart on US – Year-over-year growth 2022-2027 (%)
Exhibit 92: Data Table on US – Year-over-year growth 2022-2027 (%)

9.9 China – Market size and forecast 2022-2027

Exhibit 93: Chart on China – Market size and forecast 2022-2027 ($ million)
Exhibit 94: Data Table on China – Market size and forecast 2022-2027 ($ million)
Exhibit 95: Chart on China – Year-over-year growth 2022-2027 (%)
Exhibit 96: Data Table on China – Year-over-year growth 2022-2027 (%)

9.10 Germany – Market size and forecast 2022-2027

Exhibit 97: Chart on Germany – Market size and forecast 2022-2027 ($ million)
Exhibit 98: Data Table on Germany – Market size and forecast 2022-2027 ($ million)
Exhibit 99: Chart on Germany – Year-over-year growth 2022-2027 (%)
Exhibit 100: Data Table on Germany – Year-over-year growth 2022-2027 (%)

9.11 Japan – Market size and forecast 2022-2027

Exhibit 101: Chart on Japan – Market size and forecast 2022-2027 ($ million)
Exhibit 102: Data Table on Japan – Market size and forecast 2022-2027 ($ million)
Exhibit 103: Chart on Japan – Year-over-year growth 2022-2027 (%)
Exhibit 104: Data Table on Japan – Year-over-year growth 2022-2027 (%)

9.12 India – Market size and forecast 2022-2027

Exhibit 105: Chart on India – Market size and forecast 2022-2027 ($ million)
Exhibit 106: Data Table on India – Market size and forecast 2022-2027 ($ million)
Exhibit 107: Chart on India – Year-over-year growth 2022-2027 (%)
Exhibit 108: Data Table on India – Year-over-year growth 2022-2027 (%)

9.13 Market opportunity by geography

Exhibit 109: Market opportunity by geography ($ million)

· 10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges

Exhibit 110: Impact of drivers and challenges in 2022 and 2027

10.4 Market trends

· 11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape

Exhibit 111: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption

Exhibit 112: Overview on factors of disruption

11.4 Industry risks

Exhibit 113: Impact of key risks on business

· 12 Vendor Analysis

12.1 Vendors covered

Exhibit 114: Vendors covered

12.2 Market positioning of vendors

Exhibit 115: Matrix on vendor position and classification

12.3 Advance Hydrau Tech Pvt. Ltd.

Exhibit 116: Advance Hydrau Tech Pvt. Ltd. – Overview
Exhibit 117: Advance Hydrau Tech Pvt. Ltd. – Product / Service
Exhibit 118: Advance Hydrau Tech Pvt. Ltd. – Key offerings

12.4 Applied Recovery Systems Inc.

Exhibit 119: Applied Recovery Systems Inc. – Overview
Exhibit 120: Applied Recovery Systems Inc. – Product / Service
Exhibit 121: Applied Recovery Systems Inc. – Key offerings

12.5 Caterpillar Inc.

Exhibit 122: Caterpillar Inc. – Overview
Exhibit 123: Caterpillar Inc. – Business segments
Exhibit 124: Caterpillar Inc. – Key offerings
Exhibit 125: Caterpillar Inc. – Segment focus

12.6 CP Manufacturing Inc.

Exhibit 126: CP Manufacturing Inc. – Overview
Exhibit 127: CP Manufacturing Inc. – Product / Service
Exhibit 128: CP Manufacturing Inc. – Key offerings

12.7 Fornnax Technology Pvt Ltd.

Exhibit 129: Fornnax Technology Pvt Ltd. – Overview
Exhibit 130: Fornnax Technology Pvt Ltd. – Product / Service
Exhibit 131: Fornnax Technology Pvt Ltd. – Key offerings

12.8 Gensco Equipment Inc.

Exhibit 132: Gensco Equipment Inc. – Overview
Exhibit 133: Gensco Equipment Inc. – Product / Service
Exhibit 134: Gensco Equipment Inc. – Key offerings

12.9 Iron Ax

Exhibit 135: Iron Ax – Overview
Exhibit 136: Iron Ax – Product / Service
Exhibit 137: Iron Ax – Key offerings

12.10 Lefort

Exhibit 138: Lefort – Overview
Exhibit 139: Lefort – Product / Service
Exhibit 140: Lefort – Key offerings

12.11 MAYFRAN INTERNATIONAL

Exhibit 141: MAYFRAN INTERNATIONAL – Overview
Exhibit 142: MAYFRAN INTERNATIONAL – Product / Service
Exhibit 143: MAYFRAN INTERNATIONAL – Key offerings

12.12 Metso Outotec Corp.

Exhibit 144: Metso Outotec Corp. – Overview
Exhibit 145: Metso Outotec Corp. – Business segments
Exhibit 146: Metso Outotec Corp. – Key news
Exhibit 147: Metso Outotec Corp. – Key offerings
Exhibit 148: Metso Outotec Corp. – Segment focus

12.13 PRAB Inc.

Exhibit 149: PRAB Inc. – Overview
Exhibit 150: PRAB Inc. – Product / Service
Exhibit 151: PRAB Inc. – Key offerings

12.14 Rapid Granulator

Exhibit 152: Rapid Granulator – Overview
Exhibit 153: Rapid Granulator – Product / Service
Exhibit 154: Rapid Granulator – Key offerings

12.15 SP Industries Inc.

Exhibit 155: SP Industries Inc. – Overview
Exhibit 156: SP Industries Inc. – Product / Service
Exhibit 157: SP Industries Inc. – Key offerings

12.16 WEIMA America Inc.

Exhibit 158: WEIMA America Inc. – Overview
Exhibit 159: WEIMA America Inc. – Product / Service
Exhibit 160: WEIMA America Inc. – Key offerings

12.17 Wiscon Envirotech Inc.

Exhibit 161: Wiscon Envirotech Inc. – Overview
Exhibit 162: Wiscon Envirotech Inc. – Product / Service
Exhibit 163: Wiscon Envirotech Inc. – Key offerings

· 13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist

Exhibit 164: Inclusions checklist
Exhibit 165: Exclusions checklist

13.3 Currency conversion rates for US$

Exhibit 166: Currency conversion rates for US$

13.4 Research methodology

Exhibit 167: Research methodology
Exhibit 168: Validation techniques employed for market sizing
Exhibit 169: Information sources

13.5 List of abbreviations

Exhibit 170: List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email: [email protected]

Website: www.technavio.com/