The global sheet metal market size is expected to grow by USD 69.16 billion during 2018-2022 due to its wide scale application in industries like automobile, aircraft, agriculture machineries and appliances. Increasing demand for sheet metals in the building and construction sector is also expected to fuel metal demand in the market. Rising trend of interior decoration and architecture is further anticipated to boost demand for sheet metals soon.
Considering Asia Pacific regions, countries like China and India are the primary sheet metal market, owing to the rise in the amount of construction and booming automobile industry. Growing automobile industry is demanding heavy amount of metal sheets, which in turn is reflecting in the global sheet metal market growth. Developed countries already have many automobiles, while the developing countries are boosting the automotive sales due to evolving infrastructural facilities, rising living standards and economic growth.
Following are some of the top trends gaining prominence in the sheet metal industry.
Automation: Automation is on its way & has transformed various industries with metal fabrication industry being one of them. The act of cutting and bending sheet metal has simplified due to robotic technologies. Additionally, these automated technologies are also helping manufacturers to achieve precision, as well as minimize their material waste.
Additive Fabrication: 3-D printing is already an integral part of the manufacturing industry. Many metal fabrication businesses are enjoying the benefits of 3-D technology investments such as time and cost reduction by eliminating few assembly steps, achieving great design freedom, and minimizing waste. Ultimately, these technologies are helping them their production quality.
Tube Laser Technology: It is one of the fastest growing sheet metal fabrication technologies. The tube laser technology offers various advantages over traditional sheet metal fabrication and manufacturing processes. The tube laser machines have a capability to produce sharp and intricate cuts, which helps improve the fabrication quality and speed.
The general consensus is that the upswing in the industry will likely continue to be optimistic. The sheet metal market is strong – whether in construction, auto, or aerospace – there is good demand for sheet metal products.
ABOUT WOM 2019
The 3rd edition of WOM 2019 – The Leading B2B Biennial International Exhibition on Metal Producing, Metal Processing & Metal Working Industry is being hosted by ITEI – The Indian subsidiary of ITE Group PLC (UK) from 20th-22nd September 2019 at Bombay Exhibition Centre, Mumbai, India. The exhibition is a joint initiative of World Metal Forum & International Trade and Exhibitions India Pvt Ltd –ITEI, organizers of MMMM – International Exhibition on Minerals, Metals, Metallurgy and Materials industry.
World of Metal is an International Exhibition on Tubes, Pipes, Wires, Metal Processing, Metal Working and Allied Industries. A comprehensive business platform serving the metal, metallurgy, metal working and allied industries, this leading business event is the absolute platform for showcasing the entire spectrum of products and services relating to the Metal and Allied Industries. The exhibition provides companies to maximize the business collaboration available in India and showcase their strength to the world.
Providing an ideal platform for a focused B2B interaction
Showcase products & capabilities among the direct target audience
- onnecting with buyers and market-leading suppliers from India and abroad
Enhance PR Opportunities
Launch new products
Develop new market opportunities
MORE OPPORTUNITES AT WOM 2019
WOM 2019 is planned with five other specialized concurrent events:
CWE – for Advanced Cutting and Welding Equipment & Technology including Laser Technology
IMEX – for Latest Machine Tools (CNC, Laser, Shot Blasting, Measuring & Testing Equipment and more.)
UMEX – for Economical Pre-owned machinery in the industry
HTF – for Advanced Hand Tools, Power Tools and Fasteners
TECHINDIA – for Engineering and Manufacturing (Pumps, Valves, Compressors and more.)
Block your dates for this Mega Business Festival scheduled during 20th-22nd September 2019 in Mumbai.
For more information on the exhibition, please log on to http://www.wom-expo.com or call us at +91 9873949319