Metal Manufacturing Global Market Report 2018

Metal Manufacturing Global Market Report 2018
Starting Price : $ 6000.00 | Pages : 250 | Published : February 2018

SKU CODE : 3073 | Format :

The metals manufacturing industry comprises iron and steel foundries, alumina and aluminum production and processing establishments, iron and steel products manufacturing and iron and steel mills and ferroalloy manufacturing companies.

Asia Pacific was the largest region in the metal manufacturing market in 2017, accounting for 60% market share. This was mainly due to a large manufacturing industry in the region, especially for automobiles, telecom, machinery, and transportation. Western Europe was the second largest region accounting for 11% market share. Middle East was the smallest region accounting for 4% market share.

Industrial robotics is gaining traction among companies in the metals industry. This is mainly because industrial robotics aids companies in reducing labor costs, improving workplace safety, and driving productivity and efficiency. Industrial robots have widespread applications in the metals industry performing tasks such as material handling, arc welding, spot welding, cutting, and press tending. According to KPMG report, 42% executives of global metals companies are willing to invest significantly in robotics . Examples of companies offering industrial robots to metals companies include FANUC, KUKA, ABB, and Motoman
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