Europe Metal Cleaning Equipment Market Expected to Reach US$ 1.20 Bn by 2024: Transparency Market Research

News provided by

Mar 23, 2016, 04:30 ET

ALBANY, New York, March 23, 2016 /PRNewswire/ --

According to a new market report published by Transparency Market Research entitled "Metal Cleaning Equipment Market - Europe Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2024," the Europe metal cleaning equipment market was valued at US$ 731.7 Mn in 2015 and is forecast to grow at a CAGR of 6.2% during the period 2016 to 2024. High industrial activity driving the metal cleaning equipment market in the automotive, aerospace, and process industry segments, and the growth of micro, small and medium enterprises (MSMEs) across the world are the key factors driving the development of the metal cleaning equipment market. In addition, enhanced security needs of customers are driving the adoption of security solutions in the residential sector and managed security solutions at affordable rates is further expected to drive the growth of this market over the forecast period.

Full Research Report on Europe Metal Cleaning Equipment Market with detailed figures and segmentation at: http://www.transparencymarketresearch.com/europe-metal-cleaning-equipment-market.html

In the metal cleaning equipment market by technology, the open tanks multistage equipment segment was the largest in 2015, accounting for 39.2% of the overall market. This technology is generally used for the metal cleaning process, which includes various stages of cleaning. In this technology, the whole metal cleaning goes by a batch cleaning procedures to provide the most effective cleaning, which would add more flexibility to meet the demands of various disparate components in one machine. This technology is adopted for the calibrated washing of serial and complex mechanical parts of metals.

In the metal cleaning equipment market by movement type, the conveyor belt segment was the largest in 2015, accounting for 62.1% of the overall market. The programmable segment is anticipated to be the fastest-growing segment during the forecast period. Growing deployment of technologies such as artificial intelligence across various industrial sectors is expected to drive the demand for programmable movement of metal cleaning equipment for better efficiency and automation. Among the types of conveyor belts, belt conveyors was the largest segment in 2015, accounting for 71.8% of the overall market. The caroused conveyors segment is anticipated to be the fastest-growing segment.

Get Industry Research Sample with ToC & Free Analysis: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=9896

The metal cleaning equipment are highly complex systems designed for metal degreasing and cleaning activities. These metals are further deployed in high-end applications. These systems are designed in accordance with EU regulations pertaining to environment safety and protection. The product lifecycle generally ranges from 5 to 10 years and as such the number of installation units of metal cleaning equipment in Europe may witness a moderate growth rate. The requirement for metal cleaning equipment may arise from various sources such as the opening of new manufacturing plants, the expansion of existing manufacturing plants, and the replacement of existing metal cleaning equipment and application-specific customized metal cleaning equipment.

Customized solution for your market research needs: http://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=9896

Some of the major industry players profiled in the study include Durr Ecoclean GmbH, Pero AG, Hockh Metall-Reinigungsanlagen GmbH, Metalwash Ltd., Rippert Anlagentechnik GmbH & Co. KG, Metalas Cleaning Systems, MecWash Systems Ltd., Sturm Holding GmbH, and Rosler Oberflachentechnik GmbH.

The Europe Metal Cleaning Equipment market has been segmented as follows:

Europe Metal Cleaning Equipment market, by Chemical Type

Solvent Metal Cleaning
Aqueous Metal Cleaning

Europe Metal Cleaning Equipment market, by Washing Type

Pickling/Immersion Cleaning Equipment
Spray Metal Cleaning Equipment
Vapor Phase Metal Cleaning Equipment

Europe Metal Cleaning Equipment market, by Technology

Open Tank Single Stage Equipment
Open Tanks Multistage Equipment
Tunnel Metal Equipment
Cabin Metal Equipment

Europe Metal Cleaning Equipment market, by Movement

Conveyer Belt
- Belt Conveyers
- Carousel Conveyers
- Overhead Conveyers
Rotating Cylinder
Programmable

Europe Metal Cleaning Equipment market, by Region

The U.K.
Italy
France
Germany
Russia
Rest of Europe

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR's syndicated reports thrive to provide clients to serve their overall research requirement.

Contact
Sudip.S
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: [email protected]
Website: http://www.transparencymarketresearch.com
Blog: http://www.europlat.org

SOURCE Transparency Market Research