Future development in the market for metal cleaning equipment in Europe will largely be contingent on the pricing of metal cleaning
products and services and capability of vendors in making the shift
from solvent-based solutions to aqueous ones. The factor of product
and service pricing is especially expected to have a massive impact
on the overall growth potential of the market in the near future. For
instance, Durr AG, the leading company in the market presently, has
expanded its network of manufacturing and consumer support sites
across 28 countries worldwide. It has also entered into strategic
agreements with companies such as Volkswagen.
A limited number of vendors in the region provide metal cleaning
equipment and services across a number of industrial verticals in the
manufacturing and processing sectors. In the years to come, the
market will witness a major shift from solvent-based metal cleaning
solutions to aqueous-based solutions as the demand for the latter
continues to rise at a significant pace among clients. For vendors
operating in the Europe metal cleaning equipment market, this will be
a major growth opportunity and will require companies to invest funds
on the research and development of aqueous-based metal cleaning
solutions
Trends of Metal Cleaning Equipments in Europe: http://bit.ly/2ads8Pm
Power Distribution Industry to be Key Enabler of Growth
Companies operating in the Europe metal cleaning equipment market
will benefit the most from growth opportunities in the power
generation and distribution sector. The European Union is expected to
import nearly 20% of its overall electricity consumption volumes from
MEA through transcontinental energy and power linking grids by 2020.
The task will lead to an increased need for the deployment of power
transmission infrastructure stretching across the Mediterranean and
the desert. Processing and degreasing of metal and metal parts used
in these new power distribution centers will require complex metal
cleaning equipment, and will emerge as a major growth opportunity for
the Europe metal cleaning equipment market.
Germany to Present Lucrative Growth Opportunities
Germany is presently the leading country in the Europe metal cleaning
equipment market, with a 24.6% share in the market’s overall
revenues in 2015. The country has a large number of some of the
world’s largest manufacturing companies in the automotive,
electronics, and industrial equipment sectors. The country is also
home to some of Europe’s largest metal cleaning equipment companies
and is witnessing the rise of a vast number of startups in the field,
called jobbing shops. These factors will contribute substantially to
the future growth prospects of the Germany market for metal cleaning
equipment in the next few years.
Germany contributed the largest number of unit shipments to the
Europe metal cleaning equipment market in 2015, accounting for a
total of 7,653 units of the overall MCE shipments in the year. From
2016 to 2024 as well, Germany is expected to remain the largest
supplier of metal cleaning equipment in the European market. In terms
of overall growth, the market for metal cleaning equipment in Germany
is expected to rise at a CAGR of 5.6%.
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