Clinching Machine Market

Clinching Machine Market (Type: Large Floor Mounted Machine and Small Floor Mounted Machine) - North America & Europe Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2031

North America & Europe Clinching Machine Market Outlook 2031

  • The industry was valued at US$ 116.5 Mn in 2021
  • It is estimated to grow at a CAGR of 4.2% from 2022 to 2031 and reach US$ 174.1 Mn by the end of 2031

Analysts’ Viewpoint

Rise in adoption of clinching technology in various industries is driving the North America & Europe clinching machine market size. Clinching machines are used to join metalwork pieces by deforming two metal substrates. Portable clinching machines are gaining traction, as they can clinch three layers and offer fast operation with lateral sliding. Furthermore, they can be easily transported.

Increase in usage of metal clinchers in the automotive sector is expected to augment market statistics during the forecast period. Prominent companies in the clinching machine industry are investing significantly in R&D activities to facilitate the assembly of large-scale sheet metal parts and multi-material combination sheets.

North America & Europe Clinching Machine Market

Market Introduction

Clinching is a process of assembling metal sheets without welding or fasteners. Clinching machine is an interlocking of two or more metal layers. Clinching can be employed to join painted or coated metal sheets without damaging the surface. Large floor mounted machines and small floor mounted machines are the two types of clinching machines available in the market in North America and Europe. Small floor mounted machines are compact, cost-effective, and offer high mobility.

Dyes and punches are various tools used in clinching. The intensity of pressure coupled with the shape of the clinching tool helps determine the mechanical interlock of materials. Clinching does not require electricity or cooling of electrodes, which is commonly associated with spot welding. Clinching machines can be used to join different materials including metals, polymers, wood, and composite materials.

Rise in Adoption of Clinching Technology in Various Industries Augmenting North America & Europe Clinching Machine Market Progress

Clinching is a better method than welding. It does not require electricity or electrode cooling, akin to welding. The method can be used on a wide range of materials. No smoke or sparks are produced, which highlights safety. Joints are not affected by changes in environmental factors. Riveted interlocks have a higher fatigue life than other systems such as welding and bonding. Clinching is an instant and time-saving process.

Clinching is energy efficient and requires no additional components to perform the process. It offers high margins due to little or no material waste, low initial cost of clinching machines, and quick payback. Thus, the technology plays a vital role in the development of machinery in various industries. This is expected to boost North America & Europe clinching machine market development during the forecast period.

Growth in Automotive Industry

Clinching is practiced in the automotive industry by OEMs and component suppliers. It is widely used to bond metal sheet parts where high strength of a joint is not required. It is employed to join thin-walled structures in the production of motor vehicles.

Automotive manufacturers are focusing on minimizing fuel consumption of vehicles. In line with this objective, manufacturers use new vehicle body shapes and materials to fabricate vehicle bodies. Thus, increase in adoption of novel materials in the automotive sector is likely to augment the North America & Europe clinching machine market value in the near future.

Clinching is less expensive than other classic material bonding methods (fusion welding, pressure welding, and classic riveting). It costs 35% to 65% lower than spot welding. The usage of sheet metal clinching machines in vehicle assembly helps save time and eliminate the additional costs related to the preparation of parts for joining.

Wide Usage of Clinching in Automotive & Transport Industry

According to the latest North America & Europe clinching machine market trends, the automotive & transport application segment is expected to dominate the market during the forecast period. Companies are engaged in continuous R&D activities with respect to clinching, its tools, and the machines involved in the process.

Clinching machine manufacturers need to focus on incorporating advanced techniques in the press joining process for high-quality product development. Technological advancements in “C-frame” clinching equipment help in combining several parts in a single operation with a low degree of complication of product shapes.

Stationary presses are provided with additional jigs or multipurpose adapters and tools. They are used to form clinched joints. Parts with more complicated shapes are joined together on specialized presses.

Rise in usage of clinching technology in the automotive sector is anticipated to drive the automotive & transport segment in the North America & Europe clinching machine market during the forecast period. Major automobile manufacturers, such as Audi, Volkswagen (Polo – VW 240), Skoda (Roomster – SK 258), Mercedes Benz (C-class), Toyota (Lexus), and Shanghai GM (Cadillac CTS), are adopting the clinching technology.

Clinched joints are increasingly employed in modern vehicle construction, especially in components of less critical importance. These joints are also often applied to vehicle body parts that are important for passive safety. Surge in usage of advanced clinching techniques in the automotive industry is expected to offer lucrative opportunities for market expansion in the next few years.

Surge in Usage of Offline Distribution Channels

Based on distribution channel, the offline channel segment is anticipated to account for the largest share of the North America & Europe clinching machine market during the forecast period. Growth of the segment can be ascribed to instant access to products and purchasing convenience in offline channels. Offline platforms allow customers to check the quality of products on the spot.

Regional Outlook of Industry

According to the latest North America & Europe clinching machine market forecast, Europe is expected to dominate the industry during 2022 to 2031. This can be ascribed to the expansion in automotive and construction industries in the region. Germany is a leading producer of automobiles in Europe. The country also has the largest concentration of OEM plants in the region. Thus, rise in production of automobiles in Germany is fueling market progress in Europe.

Analysis of Key Players

Most of the companies are investing significantly in comprehensive R&D activities, primarily to introduce innovative products. They are also adopting collaboration, partnership, and M&A strategies to expand their North America & Europe clinching machine market share. Manufacturers are introducing new technologies such as C-frame and stationery press and portable clinching machines to broaden their revenue streams.

Azimuth Machinery Ltd., Böllhoff Group, BTM Company, LLC., ECKOLD AG, Jurado Srls, LDP ITALIA S.r.l., Mestek Machinery, Mid-Rivers Machinery, Norlok Technology Inc., and Taloc USA are key entities operating in the market.

Key Developments

  • In March 2022, Norlok Technology Inc. launched SURELOK II 13 24V HS clinch machine. The floor-mounted machine is designed for the HVAC fitting industry. The machine is ideal for large-volume fitting manufacturers that require a faster-clinching machine. Surelok II 13 24v HS features an electronic option that can be turned on or off to increase the speed of the machine while maintaining Norlok's trusted safety features. The machine has a Solid 3" (76mm) steel "C" frame press design, WAMP pneumatic power unit, regulator, and shut-off valve.
  • In May 2019, ECKOLD AG introduced a new Kraftformer KF 800 with a horizontal reach of 800 mm. The machine allows assembly of large-scale sheet metal parts. It is air powered and released by a foot pedal, either in single or multi-stroke mode. The single-stroke mode combined with the big reach is especially useful for correction jobs.

Detailed profiles of manufacturers are provided in the North America & Europe clinching machine market report to evaluate their financials, key product offerings, recent developments, and strategies.

Market Snapshot

Attribute

Detail

Market Value of Clinching machine in 2021

US$ 116.5 Mn

Market Forecast Value in 2031

US$ 174.1 Mn

Growth Rate

(CAGR)

4.2%

Forecast Period

2022–2031

Historical Data Available for

2017–2020

Quantitative Units

US$ Mn for Value and Thousand Units for Volume

Market Analysis

It includes cross-segment analysis at regional as well as country levels. Furthermore, the qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis.

Competition Landscape

  • Market share analysis by company (2021)
  • Company profiles section includes an overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy & recent developments, and key financials

Format

Electronic (PDF) + Excel

Market Segmentation

  • Type
    • Large Floor Mounted Machine
    • Small Floor Mounted Machine
  • Application
    • Automotive & Transport Industry
    • Electronic Industry
    • Agricultural Equipment
    • Medical Engineering
    • Construction & Civil Industry
    • Appliance Industry
    • Others
  • Distribution Channel
    • Online Channel
    • Offline Channel

Region Covered

  • North America
  • Europe

Companies Profiled

  • Azimuth Machinery Ltd.
  • Böllhoff Group
  • BTM Company, LLC.
  • ECKOLD AG
  • Jurado Srls
  • LDP ITALIA S.r.l.
  • Mestek Machinery
  • Mid-Rivers Machinery
  • Norlok Technology Inc.
  • Taloc USA

Customization Scope

Available upon request

Pricing

Available upon request

Frequently Asked Questions

How big was the North America & Europe clinching machine market in 2021?

It stood at US$ 116.5 Mn in 2021.

How is the North America & Europe clinching machine industry expected to grow by 2031?

It is expected to reach US$ 174.1 Mn by 2031.

What are the key factors driving the business?

Rise in adoption of clinching technology in various industries and expansion in automotive industry.

Which application segment accounted for the largest share?

The automotive & transport industry segment accounted for the largest share in 2021.

How big was Europe clinching machine market in 2021?

It dominated the consolidated industry in 2021.

Who are the key players in the North America & Europe clinching machine business?

Azimuth Machinery Ltd., Böllhoff Group, BTM Company, LLC., ECKOLD AG, Jurado Srls, LDP ITALIA S.r.l., Mestek Machinery, Mid-Rivers Machinery, Norlok Technology Inc., and Taloc USA.

    1. Preface

        1.1. Market Definition and Scope

        1.2. Market Segmentation

        1.3. Key Research Objectives

        1.4. Research Highlights

    2. Assumptions

    3. Research Methodology

    4. Executive Summary

    5. Market Overview

        5.1. Market Dynamics

            5.1.1. Drivers

            5.1.2. Restraints

            5.1.3. Opportunities

        5.2. Key Trends Analysis

            5.2.1. Demand Side Analysis

            5.2.2. Supply Side Analysis

        5.3. Key Market Indicators

        5.4. Porter’s Five Forces Analysis

        5.5. Industry SWOT Analysis

        5.6. Value Chain Analysis

        5.7. COVID-19 Impact Analysis

        5.8. Technological Overview

        5.9. North America & Europe Clinching Machine Market Analysis and Forecast, 2017 - 2031

            5.9.1. Market Value Projection (US$ Mn)

            5.9.2. Market Volume Projection (Thousand Units)

    6. North America & Europe Clinching Machine Market Analysis and Forecast, By Type

        6.1. Clinching Machine Market Size (US$ Mn and Thousand Units), By Type, 2017 - 2031

            6.1.1. Large Floor Mounted Machine

            6.1.2. Small Floor Mounted Machine

        6.2. Incremental Opportunity, By Type

    7. North America & Europe Clinching Machine Market Analysis and Forecast, By Application

        7.1. Clinching Machine Market Size (US$ Mn and Thousand Units), By Application, 2017 - 2031

            7.1.1. Automotive & Transport Industry

            7.1.2. Electronic Industry

            7.1.3. Agricultural Equipment

            7.1.4. Medical Engineering

            7.1.5. Construction & Civil Industry

            7.1.6. Appliance Industry

            7.1.7. Others

        7.2. Incremental Opportunity, By Application

    8. North America & Europe Clinching Machine Market Analysis and Forecast, By Distribution Channel

        8.1. Clinching Machine Market Size (US$ Mn and Thousand Units), By Distribution Channel, 2017 - 2031

            8.1.1. Online Channel

            8.1.2. Offline Channel

        8.2. Incremental Opportunity, By Distribution Channel

    9. North America & Europe Clinching Machine Market Analysis and Forecast, By Region

        9.1. Clinching Machine Market Size (US$ Mn and Thousand Units), By Region, 2017 - 2031

            9.1.1. North America

            9.1.2. Europe

        9.2. Incremental Opportunity, By Region

    10. North America Clinching Machine Market Analysis and Forecast

        10.1. Region Snapshot

        10.2. Price Trend Analysis

            10.2.1. Weighted Average Price

        10.3. Key Trends Analysis

            10.3.1. Demand Side Analysis

            10.3.2. Supply Side Analysis

        10.4. Clinching Machine Market Size (US$ Mn and Thousand Units), By Type, 2017 - 2031

            10.4.1. Large Floor Mounted Machine

            10.4.2. Small Floor Mounted Machine

        10.5. Clinching Machine Market Size (US$ Mn and Thousand Units), By Application, 2017 - 2031

            10.5.1. Automotive & Transport Industry

            10.5.2. Electronic Industry

            10.5.3. Agricultural Equipment

            10.5.4. Medical Engineering

            10.5.5. Construction & Civil Industry

            10.5.6. Appliance Industry

            10.5.7. Others

        10.6. Clinching Machine Market Size (US$ Mn and Thousand Units), By Distribution Channel, 2017 - 2031

            10.6.1. Online Channel

            10.6.2. Offline Channel

        10.7. Clinching Machine Market Size (US$ Mn and Thousand Units), By Region, 2017 - 2031

            10.7.1. U.S.

            10.7.2. Canada

            10.7.3. Rest of North America

        10.8. Incremental Opportunity Analysis

    11. Europe Clinching Machine Market Analysis and Forecast

        11.1. Region Snapshot

        11.2. Price Trend Analysis

            11.2.1. Weighted Average Price

        11.3. Key Trends Analysis

            11.3.1. Demand Side Analysis

            11.3.2. Supply Side Analysis

        11.4. Clinching Machine Market Size (US$ Mn and Thousand Units), By Type, 2017 - 2031

            11.4.1. Large Floor Mounted Machine

            11.4.2. Small Floor Mounted Machine

        11.5. Clinching Machine Market Size (US$ Mn and Thousand Units), By Application, 2017 - 2031

            11.5.1. Automotive & Transport Industry

            11.5.2. Electronic Industry

            11.5.3. Agricultural Equipment

            11.5.4. Medical Engineering

            11.5.5. Construction & Civil Industry

            11.5.6. Appliance Industry

            11.5.7. Others

        11.6. Clinching Machine Market Size (US$ Mn and Thousand Units), By Distribution Channel, 2017 - 2031

            11.6.1. Online Channel

            11.6.2. Offline Channel

        11.7. Clinching Machine Market Size (US$ Mn and Thousand Units), By Region, 2017 - 2031

            11.7.1. U.K.

            11.7.2. Germany

            11.7.3. France

            11.7.4. Rest of Europe

        11.8. Incremental Opportunity Analysis

    12. Competition Landscape

        12.1. Market Player – Competition Dashboard

        12.2. Market Share Analysis % (2021)

        12.3. Company Profiles (Details – Company Overview, Sales Area/Geographical Presence, Revenue, Strategy & Business Overview, Go-To-Market Strategy)

            12.3.1. Azimuth Machinery Ltd.

                12.3.1.1. Company Overview

                12.3.1.2. Sales Area/Geographical Presence

                12.3.1.3. Revenue

                12.3.1.4. Strategy & Business Overview

                12.3.1.5. Go-To-Market Strategy

            12.3.2. Böllhoff Group

                12.3.2.1. Company Overview

                12.3.2.2. Sales Area/Geographical Presence

                12.3.2.3. Revenue

                12.3.2.4. Strategy & Business Overview

                12.3.2.5. Go-To-Market Strategy

            12.3.3. BTM Company, LLC.

                12.3.3.1. Company Overview

                12.3.3.2. Sales Area/Geographical Presence

                12.3.3.3. Revenue

                12.3.3.4. Strategy & Business Overview

                12.3.3.5. Go-To-Market Strategy

            12.3.4. ECKOLD AG

                12.3.4.1. Company Overview

                12.3.4.2. Sales Area/Geographical Presence

                12.3.4.3. Revenue

                12.3.4.4. Strategy & Business Overview

                12.3.4.5. Go-To-Market Strategy

            12.3.5. Jurado Srls

                12.3.5.1. Company Overview

                12.3.5.2. Sales Area/Geographical Presence

                12.3.5.3. Revenue

                12.3.5.4. Strategy & Business Overview

                12.3.5.5. Go-To-Market Strategy

            12.3.6. LDP ITALIA S.r.l.

                12.3.6.1. Company Overview

                12.3.6.2. Sales Area/Geographical Presence

                12.3.6.3. Revenue

                12.3.6.4. Strategy & Business Overview

                12.3.6.5. Go-To-Market Strategy

            12.3.7. Mestek Machinery

                12.3.7.1. Company Overview

                12.3.7.2. Sales Area/Geographical Presence

                12.3.7.3. Revenue

                12.3.7.4. Strategy & Business Overview

                12.3.7.5. Go-To-Market Strategy

            12.3.8. Mid-Rivers Machinery

                12.3.8.1. Company Overview

                12.3.8.2. Sales Area/Geographical Presence

                12.3.8.3. Revenue

                12.3.8.4. Strategy & Business Overview

                12.3.8.5. Go-To-Market Strategy

            12.3.9. Norlok Technology Inc.

                12.3.9.1. Company Overview

                12.3.9.2. Sales Area/Geographical Presence

                12.3.9.3. Revenue

                12.3.9.4. Strategy & Business Overview

                12.3.9.5. Go-To-Market Strategy

            12.3.10.Taloc USA

                12.3.10.1. Company Overview

                12.3.10.2. Sales Area/Geographical Presence

                12.3.10.3. Revenue

                12.3.10.4. Strategy & Business Overview

                12.3.10.5. Go-To-Market Strategy

    13. Key Takeaways

        13.1. Identification of Potential Market Spaces

            13.1.1. Type

            13.1.2. Application

            13.1.3. Distribution Channel

            13.1.4. Region

        13.2. Preferred Sales & Marketing Strategy

        13.3. Prevailing Market Risks

    List of Tables

    Table 1: North America & Europe Clinching Machine Market, By Type, Thousand Units, 2017-2031

    Table 2: North America & Europe Clinching Machine Market, By Type, US$ Mn, 2017-2031

    Table 3: North America & Europe Clinching Machine Market, By Application, Thousand Units, 2017-2031

    Table 4: North America & Europe Clinching Machine Market, By Application, US$ Mn, 2017-2031

    Table 5: North America & Europe Clinching Machine Market, By Distribution Channel, Thousand Units, 2017-2031

    Table 6: North America & Europe Clinching Machine Market, By Distribution Channel, US$ Mn, 2017-2031

    Table 7: North America & Europe Clinching Machine Market, By Region, Thousand Units, 2017-2031

    Table 8: North America & Europe Clinching Machine Market, By Region, US$ Mn, 2017-2031

    Table 9: North America Clinching Machine Market, By Type, Thousand Units, 2017-2031

    Table 10: North America Clinching Machine Market, By Type, US$ Mn, 2017-2031

    Table 11: North America Clinching Machine Market, By Application, Thousand Units, 2017-2031

    Table 12: North America Clinching Machine Market, By Application, US$ Mn, 2017-2031

    Table 13: North America Clinching Machine Market, By Distribution Channel, Thousand Units, 2017-2031

    Table 14: North America Clinching Machine Market, By Distribution Channel, US$ Mn, 2017-2031

    Table 15: North America Clinching Machine Market, By Country, Thousand Units, 2017-2031

    Table 16: North America Clinching Machine Market, By Country, US$ Mn, 2017-2031

    Table 17: Europe Clinching Machine Market, By Type, Thousand Units, 2017-2031

    Table 18: Europe Clinching Machine Market, By Type, US$ Mn, 2017-2031

    Table 19: Europe Clinching Machine Market, By Application, Thousand Units, 2017-2031

    Table 20: Europe Clinching Machine Market, By Application, US$ Mn, 2017-2031

    Table 21: Europe Clinching Machine Market, By Distribution Channel, Thousand Units, 2017-2031

    Table 22: Europe Clinching Machine Market, By Distribution Channel, US$ Mn, 2017-2031

    Table 23: Europe Clinching Machine Market, By Country, Thousand Units, 2017-2031

    Table 24: Europe Clinching Machine Market, By Country, US$ Mn, 2017-2031

    List of Figures

    Figure 1: North America & Europe Clinching Machine Market, By Type, Thousand Units, 2017-2031

    Figure 2: North America & Europe Clinching Machine Market, By Type, US$ Mn, 2017-2031

    Figure 3: North America & Europe Clinching Machine Market Incremental Opportunity, By Type, US$ Mn, 2017-2031

    Figure 4: North America & Europe Clinching Machine Market, By Application, Thousand Units, 2017-2031

    Figure 5: North America & Europe Clinching Machine Market, By Application, US$ Mn, 2017-2031

    Figure 6: North America & Europe Clinching Machine Market Incremental Opportunity, By Application, US$ Mn, 2017-2031

    Figure 7: North America & Europe Clinching Machine Market, By Distribution Channel, Thousand Units, 2017-2031

    Figure 8: North America & Europe Clinching Machine Market, By Distribution Channel, US$ Mn, 2017-2031

    Figure 9: North America & Europe Clinching Machine Market Incremental Opportunity, By Distribution Channel, US$ Mn, 2017-2031

    Figure 10: North America & Europe Clinching Machine Market, By Region, Thousand Units, 2017-2031

    Figure 11: North America & Europe Clinching Machine Market, By Region, US$ Mn, 2017-2031

    Figure 12: North America & Europe Clinching Machine Market Incremental Opportunity, By Region, US$ Mn, 2017-2031

    Figure 13: North America Clinching Machine Market, By Type, Thousand Units, 2017-2031

    Figure 14: North America Clinching Machine Market, By Type, US$ Mn, 2017-2031

    Figure 15: North America Clinching Machine Market Incremental Opportunity, By Type, US$ Mn, 2017-2031

    Figure 16: North America Clinching Machine Market, By Application, Thousand Units, 2017-2031

    Figure 17: North America Clinching Machine Market, By Application, US$ Mn, 2017-2031

    Figure 18: North America Clinching Machine Market Incremental Opportunity, By Application, US$ Mn, 2017-2031

    Figure 19: North America Clinching Machine Market, By Distribution Channel, Thousand Units, 2017-2031

    Figure 20: North America Clinching Machine Market, By Distribution Channel, US$ Mn, 2017-2031

    Figure 21: North America Clinching Machine Market Incremental Opportunity, By Distribution Channel, US$ Mn, 2017-2031

    Figure 22: North America Clinching Machine Market, By Country, Thousand Units, 2017-2031

    Figure 23: North America Clinching Machine Market, By Country, US$ Mn, 2017-2031

    Figure 24: North America Clinching Machine Market Incremental Opportunity, By Country, US$ Mn, 2017-2031

    Figure 25: Europe Clinching Machine Market, By Type, Thousand Units, 2017-2031

    Figure 26: Europe Clinching Machine Market, By Type, US$ Mn, 2017-2031

    Figure 27: Europe Clinching Machine Market Incremental Opportunity, By Type, US$ Mn, 2017-2031

    Figure 28: Europe Clinching Machine Market, By Application, Thousand Units, 2017-2031

    Figure 29: Europe Clinching Machine Market, By Application, US$ Mn, 2017-2031

    Figure 30: Europe Clinching Machine Market Incremental Opportunity, By Application, US$ Mn, 2017-2031

    Figure 31: Europe Clinching Machine Market, By Distribution Channel, Thousand Units, 2017-2031

    Figure 32: Europe Clinching Machine Market, By Distribution Channel, US$ Mn, 2017-2031

    Figure 33: Europe Clinching Machine Market Incremental Opportunity, By Distribution Channel, US$ Mn, 2017-2031

    Figure 34: Europe Clinching Machine Market, By Country, Thousand Units, 2017-2031

    Figure 35: Europe Clinching Machine Market, By Country, US$ Mn, 2017-2031

    Figure 36: Europe Clinching Machine Market Incremental Opportunity, By Country, US$ Mn, 2017-2031

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