Shear Blade Market
Global Shear Blade Market Size, Share & Trends Analysis Report by Materials (Cold Work Die Steel, Hot Work Die Steel, Alloy Tool Steel, High-Speed Tool Steel, and Others), and by Shear Thickness (Up to 15mm, 15 – 25mm, and Above 25mm), Forecast 2021-2027 Update Available - Forecast 2024-2030
The global shear blade market is anticipated to grow at a significant CAGR of 3.8% during the forecast period. The primary factors contributing to the growth of the market include the rising demand for fabricated metal products across the globe. The Shearing of sheet metal is a very important manufacturing process in various large, small, and medium-sized industries. Thus the demand for the shear blade has been increased in the industries.
Impact of COVID-19 Pandemic on Global Shear Blade Market
The COVID-19 pandemic has disrupted the manufacturing operations of various products in the global shearing machine industry, mainly owing to the prolonged lockdown in major countries. This has hampered the growth of the global shear blade market significantly. As per the Organization for Economic Co-Operation and Development (OECD) steel market report for the 4th quarter, in June 2020 Short Range Outlook (SRO) of worldsteel, the complete and finished steel demand is projected to decrease by 6.4% in 2020, due to the result of the COVID-19 crisis. The pandemic affected the sales of the machinery which uses the shear blades and impacted the demand. But as the situations are getting normal, the market is anticipating a jump in the market. The steel demand is forecasted to rebound by about 3.8% in 2021,(worldsteel, 2020) by OECD. The shear blades market has also got the sudden rise of the demand in the market, which is anticipated to grow steadily, during the forecast period.
Segmental Outlook
The global shear blade market is segmented based on the material and shear thickness. Based on the material, the market is segmented into LD (7Cr7Mo2V2Si) cold work die steel, H13 (4Cr5MoSiV1) hot work die steel, 6CrW2Si alloy tool steel, W6Mo5Cr4V2 high-speed tool steel, and others. The segment others include T10A carbon tool steel and 45 # steel carbon structural steel. Based on the shear thickness, the market is sub-segmented into up to 15mm, 15 – 25mm, and above 25mm.
Global Shear Blade Market Share by Shear Thickness, 2020 (%)
The 15-25mm Segment Holds the Prominent Share in the Global Shear Blade Market
The segment of the shear blade thickness range, 15-25mm, is anticipated to significantly grow during the forecast period. The demand for this segment of the blades has been growing due to their moderate prices, lower maintenance, and use in the making of most production products. The sear blades with thickness above 25mm are majorly used to make heavy, and large products that are low at production. Furthermore, these shear blades are much expensive with a higher maintenance. However, the shear blades with thickness lower than 15mm are the cheapest but their limited abilities decline its demand in the market.
Regional Outlooks
The global shear blade market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). The Asia-Pacific region is anticipated to dominate during the forecast period.
Global Shear Blade Market Growth, by Region 2021-2027
The Asia-Pacific Region Holds the Major Share in the Global Shear Blade Market.
The Asia-Pacific region is expected to grow at the fastest growth rate over the forecast period. The increasing economy, huge population, and the presence of developing nations like China, India, Japan, South Korea, among others have been causing the demand for the various products which require shear blades for manufacturing. As per the world steel organization data 2020, the top three countries in the production of crude steel are China with 1,064,767,000 tonnes of crude steel, India with 100,256,000 tonnes crude steel, and Japan with 83,186,000 tonnes of crude steel. Such an amount of steel is used in production for various products which require shear blades in the manufacturing process.
Market Players Outlook
The major companies serving the global shear blade market include Amada Co., Ltd., Edwards Manufacturing Co., Haco, Salvagnini Italia S.p.A, Taylor-Winfield technologies, AccuShear, Betenbender, Cincinnati, Cleveland Crane/Steelweld, Di-Acro/Elga Hydra Shear, Famco, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in April 2020, BladeCore launched the new NiCore premium blade series. The division of Exodus Machines informed that the blades were made from specialized high-alloy material which contains 4% Nickel content. That increased the product’s lifecycle between 60 to 80% as compared to a standard blade. At the time of trial with almost 75 customers, more than 90% concluded that they preferred blades comprised of this kind of tough material due to the additional output of processed scrap. NiCore blades are available through BladeCore for Genesis, Fortress, and LaBounty shears, among many other types of stationary shears.
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global shear blade market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Shear Blade Industry
• Recovery Scenario of Global Shear Blade Industry
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Porter's Analysis
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Amada Co., Ltd.
3.1.1.1. Overview
3.1.1.2. Financial Analysis
3.1.1.3. SWOT Analysis
3.1.1.4. Recent Developments
3.1.2. Edwards Manufacturing Co.
3.1.2.1. Overview
3.1.2.2. Financial Analysis
3.1.2.3. SWOT Analysis
3.1.2.4. Recent Developments
3.1.3. Haco
3.1.3.1. Overview
3.1.3.2. Financial Analysis
3.1.3.3. SWOT Analysis
3.1.3.4. Recent Developments
3.1.4. Salvagnini Italia S.p.A.
3.1.4.1. Overview
3.1.4.2. Financial Analysis
3.1.4.3. SWOT Analysis
3.1.4.4. Recent Developments
3.1.5. Taylor-Winfield Technologies
3.1.5.1. Overview
3.1.5.2. Financial Analysis
3.1.5.3. SWOT Analysis
3.1.5.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of COVID-19 on Key Players
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Shear Blade Market by Material
5.1.1. Cold Work Die Steel
5.1.2. Hot Work Die Steel
5.1.3. Alloy tool Steel
5.1.4. High Speed Tool Steel
5.1.5. Others (Carbon Tool Steel, and Steel Carbon Structural Steel)
5.2. Global Shear Blade Market by Shear Thickness
5.2.1. Up to 15 mm
5.2.2. 15-25 mm
5.2.3. Above 25 mm
6. Regional Analysis
6.1. North America
6.1.1. US
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. ASEAN
6.3.5. South Korea
6.3.6. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. AccuShear
7.2. Betenbender
7.3. Cincinnati
7.4. Cleveland Crane/Steelweld
7.5. Di-Acro/Elga Hydra Shear
7.6. Famco
7.7. HTC
7.8. Herr-Voss
7.9. Hunter Engr
7.10. Lodge & Shipley
7.11. Niagara
7.12. Pacific
7.13. Pexto
7.14. Promecam
7.15. Pullmax
7.16. Red Bud Industries
7.17. Taylor Winfield
7.18. Welty-Way
7.19. Wysong & miles
1. GLOBAL SHEAR BLADE MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2020-2027 ($ MILLION)
2. GLOBAL COLD WORK DIE STEEL SHEAR BLADE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
3. GLOBAL HOT WORK DIE STEEL SHEAR BLADE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
4. GLOBAL ALLOY TOOL STEEL SHEAR BLADE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
5. GLOBAL HIGH-SPEED TOOL STEEL SHEAR BLADE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
6. GLOBAL OTHERS SHEAR BLADE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
7. GLOBAL SHEAR BLADE MARKET RESEARCH AND ANALYSIS BY SHEAR THICKNESS, 2020-2027 ($ MILLION)
8. GLOBAL SHEAR BLADE OF UP TO 15MM MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
9. GLOBAL 15 – 25MM FOR SHEAR BLADE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
10. GLOBAL ABOVE 25MM FOR SHEAR BLADE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
11. GLOBAL SHEAR BLADE MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2020-2027 ($ MILLION)
12. NORTH AMERICAN SHEAR BLADE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
13. NORTH AMERICAN SHEAR BLADE MARKET RESEARCH AND ANALYSIS BY MATERIALS, 2020-2027 ($ MILLION)
14. NORTH AMERICAN SHEAR BLADE MARKET RESEARCH AND ANALYSIS BY SHEAR THICKNESS, 2020-2027 ($ MILLION)
15. EUROPEAN SHEAR BLADE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
16. EUROPEAN SHEAR BLADE MARKET RESEARCH AND ANALYSIS BY MATERIALS, 2020-2027 ($ MILLION)
17. EUROPEAN SHEAR BLADE MARKET RESEARCH AND ANALYSIS BY SHEAR THICKNESS, 2020-2027 ($ MILLION)
18. ASIA-PACIFIC SHEAR BLADE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
19. ASIA-PACIFIC SHEAR BLADE MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2020-2027 ($ MILLION)
20. ASIA-PACIFIC SHEAR BLADE MARKET RESEARCH AND ANALYSIS BY SHEAR THICKNESS, 2020-2027 ($ MILLION)
21. REST OF THE WORLD SHEAR BLADE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
22. REST OF THE WORLD SHEAR BLADE MARKET RESEARCH AND ANALYSIS BY MATERIALS, 2020-2027 ($ MILLION)
23. REST OF THE WORLD SHEAR BLADE MARKET RESEARCH AND ANALYSIS BY SHEAR THICKNESS, 2020-2027 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL SHEAR BLADE MARKET, 2020-2027 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL SHEAR BLADE MARKET BY SEGMENT, 2020-2027 ($ MILLION)
3. RECOVERY OF GLOBAL SHEAR BLADE MARKET, 2021-2027 (%)
4. GLOBAL SHEAR BLADE MARKET SHARE BY MATERIALS, 2020 VS 2027 (%)
5. GLOBAL COLD WORK DIE STEEL SHEAR BLADE MARKET SHARE BY REGION, 2020 VS 2027(%)
6. GLOBAL HOT WORK DIE STEEL SHEAR BLADE MARKET SHARE BY REGION, 2020 VS 2027(%)
7. GLOBAL ALLOY TOOL STEEL SHEAR BLADE MARKET SHARE BY REGION, 2020 VS 2027(%)
8. GLOBAL HIGH-SPEED TOOL STEEL SHEAR BLADE MARKET SHARE BY REGION, 2020 VS 2027(%)
9. GLOBAL OTHERS SHEAR BLADE MARKET SHARE BY REGION, 2020 VS 2027(%)
10. GLOBAL SHEAR BLADE MARKET SHARE BY SHEAR THICKNESS, 2020 VS 2027 (%)
11. GLOBAL SHEAR BLADE OF UP TO 15MM MARKET SHARE BY REGION, 2020 VS 2027(%)
12. GLOBAL SHEAR BLADE OF 15 – 25MM MARKET SHARE BY REGION, 2020 VS 2027(%)
13. GLOBAL SHEAR BLADE OF ABOVE 25 MM MARKET SHARE BY REGION, 2020 VS 2027(%)
14. GLOBAL SHEAR BLADE MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
15. US SHEAR BLADE MARKET SIZE, 2020-2027 ($ MILLION)
16. CANADA SHEAR BLADE MARKET SIZE, 2020-2027 ($ MILLION)
17. UK SHEAR BLADE MARKET SIZE, 2020-2027 ($ MILLION)
18. FRANCE SHEAR BLADE MARKET SIZE, 2020-2027 ($ MILLION)
19. GERMANY SHEAR BLADE MARKET SIZE, 2020-2027 ($ MILLION)
20. ITALY SHEAR BLADE MARKET SIZE, 2020-2027 ($ MILLION)
21. SPAIN SHEAR BLADE MARKET SIZE, 2020-2027 ($ MILLION)
22. REST OF EUROPE SHEAR BLADE MARKET SIZE, 2020-2027 ($ MILLION)
23. INDIA SHEAR BLADE MARKET SIZE, 2020-2027 ($ MILLION)
24. CHINA SHEAR BLADE MARKET SIZE, 2020-2027 ($ MILLION)
25. JAPAN SHEAR BLADE MARKET SIZE, 2020-2027 ($ MILLION)
26. SOUTH KOREA SHEAR BLADE MARKET SIZE, 2020-2027 ($ MILLION)
27. REST OF ASIA-PACIFIC SHEAR BLADE MARKET SIZE, 2020-2027 ($ MILLION)
28. REST OF THE WORLD SHEAR BLADE MARKET SIZE, 2020-2027 ($ MILLION)
