Plasma Feeder Market: Overview and Dynamics.
Invention of plasma cutting machine revolutionized the sheet metal cutting process. The sheet metal work was time consuming and labor intensive, these problems were addressed by the invention of plasma feeder machines. Similarly the machine reduced the raw material wastage which used to put hole in manufacturers and consumers’ pockets. The innovative plasma feeder was a one step further to address the few of the existing problems such as labor intensive, time consuming and material stocking problems. Plasma feeder is a machine which directly feeds the sheet on the plasma cutting machine table.
The plasma feeder is very much similar to coil line in few respect. Sheet coils sits in the cradles or coil holders, there can be more than one such holders which supply the sheet are powered with individual fit drive motors through a beader and straightener. In a multi type of plasma feeder, each feeder has its own individual drive motors which rewind or uncoil the coil spool.
Furthermore, the solid inner core of spools reduces the possibility of sheet telescoping. Plasma feeder uses advance software which generates the cut list figuring out from total available length and number of fittings, taking into account of each sheet. This helps in reducing the amount of raw material waste generated in the process. After the cutting process, the auto trim feature cut the unused length of the sheet, thereby saves the length which can be used later. Multi coil holders in the plasma feeder have provided the manufacturers to accommodate much larger spool for the larger production and is significantly driving the plasma feeder market. Today, the manufacturers are providing plasma feeder with standard as well as customizable working area which has provided the flexibility to the manufacturers for cutting shapes on larger spool sheet.
Every technology advancement brings benefit to the end user as well the equipment manufacturer operating in the market. Similarly these advanced plasma feeder machines have fulfilled the desires of most of the end users. Stock piling of larger number of sheets in the working area is now the talks of past. Now the users don’t have to stock the flat sheets on the floor space as well as on the cutting machine which is proving highly beneficial for plasma feeder market.
Previously, for feeding the plasma cutting machine there used to be a requirement of more number of operators of workers. Since the plasma feeder can be operated by only one person, thus this has benefited in cost savings. Plasma feeder machine has increased the production capacity and speed for the end use industry which has definitely added values in the respective end use industry and is likely to boost the plasma feeder market.
Similarly catering to high demand of plasma feeder has posited the manufacturers to invest in R&D and provide the plasma feeder machines in the market with latest of the technologies. Workers safety has always been at the fore front of the industries check list and with plasma feeder machines this feature is likely to get a thumps up. Automating the overall feeding and cutting process, plasma feeder machine equipped safety feature have ensured the safe and secure working zone for the workers.
The above mentioned technological advancements and advantages in the Plasma feeder machine is driving the market and is creating demand in the ever growing manufacturing sector involved with sheet metal cutting. The restraints which affect Plasma Feeder machine market are high ownership and setup cost, higher maintenance requirement, requirement of skilled labor etc.
COVID-19 Impact Insights
COVID-19 pandemic has mandated countries to execute stringent lockdowns and stern social distancing measures across the globe, flattening the global economic curve. This as a result has disrupted almost every market and plasma feeder market has also been affected largely. COVID-19 pandemic has presented massive disruptions in the demand supply equilibrium across multiple industries, leading towards economic losses at a global level. Plant shut downs in Europe, Asia and North America in the second quarter of 2020 has reduced the production scale of plasma feeder and has significantly affected the market demand.
Globally to curb the spreading pandemic under the strict lockdown infrastructure development was at halt and the various other industries such as automotive, construction, HAVC machines etc. took a huge dip. The developed global north and the developing global south saw a decline in their manufacturing industry. Plasma feeder machine find its large spool of share in the manufacturing sector thus the demand for the plasma feeder took a deep plunge in 2020.
Decline in real estate and closure of commercial office buildings across the globe resulted in plunge of HAVC industry since the growth in these two shapes the demand for HVAC requirement. Similarly, the end use industries such as fabrication shop, automotive repair and restoration, salvage and scrapping operation and industrial construction which comprises of significant share in the global plasma feeder machine market was also under stress. The industry saw decline in the activities across the regions which resulted in the demand drop of Plasma Feeder machine.
Global raw material supply chain was disrupted which resulted in non-availability of the raw material for the plasma feeder manufacturing. On the similar grounds the manufacturing industries were under lockdown and the manufacturing was disrupted around the globe. The plasma feeder machine market was no exception to this. The manufacturing plant was closed for several months which creating the void from supply side of plasma feeder machine market.
Segmentation Analysis of Plasma Feeder Market
The global plasma feeder market is bifurcated into six major segments: cradle system, feeding speed, decoilers, working width, end use and region.
On the basis of cradle system, plasma feeder market has been segmented as follows:
- Under Feeder
- Over Feeder
On the basis of feeding speed, plasma feeder market has been segmented as follows:
- Less than 4 m/min
- 4 – 8 m/min
- 8 – 12 m/min
- Above 12 m/min
On the basis of decoilers, plasma feeder market has been segmented as follows:
- Up-to 2
- 2 - 4
- 4 - 6
- Above 6
On the basis of working width (inches), plasma feeder market has been segmented as follows:
- Less than 40 inches
- 40 – 60 inches
- 60 – 80 inches
- Above 80 inches
On the basis of end use Industry plasma feeder market has been segmented as follows:
- Industrial Manufacturing
On the basis of region type, plasma feeder market has been segmented as follows:
- North America
- Latin America
- East Asia
- South Asia and Oceania
- Middle East
Plasma Feeder market: Regional Outlook
Considering the regional classification, the report “Plasma Feeder” delivers categorical study on six prominent regions which include North America, Europe, Latin America, South Asia & Oceania, East Asia and Middle East & Africa
Owing to the developed infrastructure, early technology adoption and heavy investment in infrastructure development in the regions like North America and Europe the plasma feeder market in the region has shown good growth in historical period. The demand for furniture is likely to grow with considerable pace in the region.
East Asia and South Asia & Oceania is likely to be the fastest growing region in the plasma feeder market. China, India and Japan is likely to contribute the maximum share in this growth. Owing to their growing population, rapid urbanization and growing infrastructure development investments. Fast pace developments in housing constructions and growing economy fostering increase in commercial work space is likely to increase the demand for industrial construction in the Asia Pacific region
Other regions like MEA owing to infrastructure development in GCC countries and developing infrastructure in African countries is expected to show marginal growth in plasma feeder market.
Plasma Feeder Market: Key Players
According to the study the plasma feeder market is fragmented in North America and Europe region. The prominent players in plasma feeder market are
- Vicon Machinery
- Spiro International SA
- Plasma Automation Inc.
- EXT Machinery
- Sente Makina ?n?
- San. ve Tic. Ltd. ?ti
- Firmak Ltd
- Engel Europa
- Jouanel Industries etc.
Existing players in the market of Plasma feeder market are trying to increase their market share through innovations and providing multifunction capabilities through one single instrument. Offerings higher motor speed, multi tool equipment, customizable working area, working accuracy, compatible advanced software and etc. are positing competitive playground for the key players.
The research report presents a comprehensive assessment of the Plasma Feeder market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The Plasma feeder market report provides analysis and information, according to market segments such as geographies, cradle system, feeding speed, decoilers, working width and end use industry.
The Plasma Feeder Market Report Covers Exhaustive Analysis On:
- Market Segments
- Market Dynamics
- Market Size & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
The Plasma Feeder Market Regional Analysis Includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina, Chile, Peru)
- Europe (UK, Germany, Spain, France, BENELUX, Italy, Rest of Europe)
- East Asia (China, Japan, South Korea)
- South Asia & Oceania (India, ASEAN, Australia and New Zealand , Rest of South Asia & Oceania)
- Middle East and Africa (GCC Countries, South Africa, Northern Africa, Turkey, Rest of MEA)
The Plasma feeder report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The Plasma feeder report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with market attractiveness as per segments. The Plasma feeder report also maps the qualitative impact of various market factors on market segments and geographies.
The Plasma Feeder Market Report Highlights:
- A detailed overview of the parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.
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