“The report on Cut-to-length Line Systems Market was recently published by SDKI, which includes the latest market trends, current and future opportunities along with the factors that are driving the growth of the market. This report further encompasses the records for the expansion of the market along with information on the investment opportunities that help the clients to take positive decisions on the parameters for gaining profitable revenues. Moreover, the report also contains identification and investigation of the market structure, in-depth qualitative analysis, restraints & challenges, growth drivers, emerging product trends & market opportunities and Porter’s five forces.
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Cut-to-length Line Systems Market: Overview
- The global cut-to-length line systems market in terms of volume registered a CAGR of ~2% between 2022-2031. The cut-to-length line systems market is projected to be driven by growing demand for cut-to-length line systems from steel, aluminum, copper, and titanium producers. Cut-to-length line system manufacturers are adopting advanced technology to increase business agility and flexibility. For instance, in September 2018, Bollina Srl introduced ‘Bollina High Precision Levelling & Flying shear CTL Line” for color coated, pre-painted, and stainless steel materials with specification of 1250 * 0.35-1.5 mm. This is expected to boost the cut-to-length line systems market in the near future.
- The global cut-to-length line systems market is expected to reach US$ 7.3 Mn by 2027 from US$ 5.9 Mn in 2019. Rise in infrastructure developments continue to drive the demand for cut-to-length line systems from end users, thereby continuously pushing the demand for cut-to-length line systems.
- The cut-to-length line systems market in North America is anticipated to expand at a higher rate during the forecast period, followed by Europe
- Asia Pacific is projected to lead the global cut-to-length line systems market during the forecast period. This is primarily due to the emergence of new manufacturing plants in countries such as China, India, and in ASEAN, which is expected to create significant demand for cut-to-length line systems over the forecast period. China is the largest exporter of steel and India is the one of the largest producers of aluminium.
Cut-to-length Line Systems Market: Definition
- The cut-to-length line systems market report provides analysis of the global cut-to-length line systems market for the period 2017–2027, wherein 2018 is the base year, 2019 is the estimated year, and 2020 to 2027 is the forecast period. Data for 2017 has been included as historical information.
- In this report, we analyze the challenges industries face in acquiring the right cut-to-length line systems that can cope with the rapidly changing digital world. The report also highlights the total revenue generated through the sale of cut-to-length line systems and provides detailed insights about volume of these equipment across various key regions worldwide.
North America Cut-to-length Line Systems Market: Snapshot
- North America remains the leading market for cut-to-length line systems, with revenues in 2019 estimated at US$ 2 Mn. Emergence of new production facilities of steel, aluminum, copper, etc., and presence of large number of manufacturers of cut-to-length line systems are responsible for the growth of the cut-to-length line systems market in the region.
- The U.S. is expected to be the major shareholder in 2027. This is primarily due to the expansion of production capacity of manufacturing plants and establishment of new manufacturing plants across the U.S.
Key Growth Drivers of Cut-to-length Line Systems Market
- Increasing Demand for Better Infrastructure – The metal industry is a key sector as it provides material to various industrial sectors such as construction, manufacturing, aerospace, and automotive. Additionally, the metal industry plays an important role in economic development, infrastructure development, and strategic growth of a country. The metal industry has been witnessing significant increase in production capacity over the last decade due to increasing consumption and increasing need for metals across the globe based on parameters of quality, productivity, and reliability.
- In the steel sector, CTL systems are utilized to cut metal coils to a precise length. Demand for CTL systems is expected to increase during the forecast period to cater to the increasing demand for steel across the globe.
Key Challenges Faced by Cut-to-length Line Systems Market Players
- Cost of installation of cut-to-length line systems is significantly high, which is one of the negative factors that hinder the market across the world. This is primarily due to the cost of individual components such as coil handling, coilers, levelers, roller feeders, shears, and stackers is also high. Hence, majority of small-scale industries and lower-scale end-users are opting for leased and used machines.
- The global cut-to-length line systems market is influenced by rising competition among local and international companies. The market in Asia Pacific, especially in China, is primarily influenced by local players. This factor is likely to hamper the global cut-to-length line systems market during the forecast period.
Cut-to-length Line Systems Market: Competition Landscape
- In August 2019, Primetals Technologies Ltd. and steel producer Gerdau signed a strategic partnership for their digitalization journey, where digitalization projects on Gerdau sites in Brazil will be driven through joint development projects and by creating new business models
- In 2018, KOHLER Maschinenbau GmbH launched an economic compact strip feeding line and has also filed a patent for reversible levelling rollers for part levelling machines
Cut-to-length Line Systems Market: Company Profile Snapshot
- KOHLER Maschinenbau GmbH: Incorporated in 1963, KOHLER Maschinenbau GmbH is based in Lahr, Germany. KOHLER Maschinenbau GmbH provides levelling machines to sheet metal manufacturers. Its services include diagnostics, commissioning, maintenance & repairs, training, spare parts, and retrofitting.
- Primetals Technologies Ltd.: Incorporated in 2015, Primetals Technologies Ltd. is located in Wisconsin, United States. Primetals Technologies Ltd. is an engineering and plant construction company that serves clients in the metals industry. It is a global provider of technological solutions for iron making, steel making, continuous casting, hot/cold rolling, etc. and is one of the largest providers of metallurgical automation solutions in the world.
- Other major players operating in the global cut-to-length line systems market and profiled in the report include
- Heinrich Georg GmbH
- ACL MACHINE CO., LTD
- ANDRITZ AG
- ARKU GmbH,
- ATHADER S.L.
- Bollina srl
- Bradbury Co., Inc.
- Burghardt+Schmidt GmbH
- COE Press Equipment Corp.
- Delta Steel Technologies
- Dimeco Group
- F.I.M.I. FABBRICA IMPIANTI MACCHINE INDUSTRIALI SPA
- Shijiazhuang Teneng Electrical & Mechanical Equipment Co., Ltd.
- Sacform, and Fagor Arrasate.
- Companies are shifting toward advanced equipment and integrating new technologies to enhance production capacity to gain a competitive advantage in the cut-to-length line systems market apart from maintaining their position in the market.
Cut-to-length Line Systems Market – Scope of the Report
A latest study collated and published analyzes the historical and present-day scenario of the global cut-to-length line systems market, to accurately gauge its potential future development. The study presents detailed information about the important growth factors, restraints, and key trends that are creating the landscape for the future growth of the cut-to-length line systems market, to identify the opportunistic avenues of the business potential for stakeholders. The report also provides insightful information about how the cut-to-length line systems market is expected to progress during the forecast period of 2019-2027.
The report offers intricate dynamics about the different aspects of the cut-to-length line systems market that aids companies operating in the market in making strategic development decisions. The study also elaborates on the significant changes that are highly anticipated to configure the growth of the cut-to-length line systems market during the forecast period. It also includes a key indicator assessment to highlight the growth prospects of the cut-to-length line systems market, and estimate statistics related to the market progress in terms of value (US$ Mn) and volume (Units).
This study covers a detailed segmentation of the cut-to-length line systems market, along with key information and a competitive outlook. The report mentions the company profiles of key players that are currently dominating the cut-to-length line systems market, wherein, various developments, expansion, and winning strategies practiced and executed by leading players have been presented in detail.
Key Questions Answered in the Report on Cut-to-length Line Systems Market
The report provides detailed information about the cut-to-length line systems market on the basis of comprehensive research on various factors that play a key role in accelerating the growth potential of the market. Information mentioned in the report answers path-breaking questions for companies that are currently functioning in the market and are looking for innovative ways to create a unique benchmark in the cut-to-length line systems market, so as to help them make successful strategies and take target-driven decisions.
- Which regions will continue to remain the most profitable regional markets for cut-to-length line system market players?
- Which factors will induce a change in the demand for cut-to-length line systems during the assessment period?
- How will changing trends impact the cut-to-length line systems market?
- How can market players capture low-hanging opportunities in the cut-to-length line systems market in developed regions?
- Which companies are leading the cut-to-length line systems market?
- What are the winning strategies of stakeholders in the cut-to-length line systems market to upscale their position in this landscape?
- What are the winning imperatives of market frontrunners in the cut-to-length line systems market?
- Which end user is expected to experience maximum sale of cut-to-length line systems during the forecast period?
Research Methodology – Cut-to-length Line Systems Market
The research methodology adopted by analysts to compile the cut-to-length line systems market report is based on detailed primary as well as secondary research. With the help of in-depth insights of the industry-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts of the cut-to-length line systems market.
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During the primary research phase, analysts interviewed industry stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. On the basis of data obtained through the interviews of genuine resources, analysts have emphasized the changing scenario of the cut-to-length line systems market.
For secondary research, analysts scrutinized numerous annual report publications, white papers, industry association publications, and company websites to obtain the necessary understanding of the cut-to-length line systems market
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Table of Content
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions and Research Methodology
3. Executive Summary: Global Cut-to-length Line Systems Market
4. Market Overview
4.2. Key Market Indicators
4.2.1. Global Installed Base of Cut-to-length Line Systems
4.2.2. Adoption rate of Cut-to-length Line Systems by Industry
188.8.131.52. Oil & Gas
4.3. Worldwide Industrial Production Index, by Top Countries
4.4. Import/Export Data, by Top Countries
4.4.1. Top Exporting Countries
4.4.2. Top Importing Countries
4.5. Market Dynamics
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