Automatic Bending Machine Market By Type (Automatic, Semiautomatic), By Technology (Electric, Hydraulic, Pneumatic, Induction), By Application (Tube/Pipe, Metal Sheet, Bar): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global automatic bending machine market size was valued at $2,109.7 million in 2021 and is projected to reach $3,620.6 million by 2031, registering a CAGR of 5.6% from 2022 to 2031.
An automatic bending machine consists of an electric motor, a coupling, a circular plate, a worm gear drive, and an extended shaft. An electric motor transmits power to a gearbox, which decreases speed and increases torque. A circular plate bends the bar using this gearbox. Automatic bending machines are used to bend tubes, pipes, metal sheets, and bars. These machines are used in a variety of industries, including automotive, aviation, and shipbuilding. Moreover, bar bending machines are usually used for accuracy of bending angles. The machine is suitable for bending wide variety of TMT, reinforcement, and steel bars used in construction and infrastructure activities.
Automatic bending machines are widely used in shipbuilding and aviation industry. Ship profiles are bent using an automatic bending machine to create ship frames. The parts to be produced are heavy and require precision, which can be achieved by bending machines. Stierli-Bieger offers SE series bending machines which are specially designed for shipbuilding. Furthermore, these machines can be used as pipe bending and for straitening.
Surge in demand for high-precision production process requirements is expected to increase the demand for automatic bending machines and help the market grow. Due to rapid industrialization and government investments in developmental projects, the global construction sector is growing rapidly. This is anticipated to increase the demand for automatic bending machines, which will lead to growth in automatic bending machine market. However, high cost of automatic bending machines is one of the factors that hinders the market growth.
Majority of the population is concentrated in emerging economies such as Brazil, China, India, and Eastern European nations. This makes the automatic bending machine market play a crucial role as these regions witness continuous development of infrastructure and manufacturing sectors. Growth in the construction industry and increase in number of infrastructure activities are major factors that drive the automatic bending machine market growth. Moreover, expansion of automotive sector and aviation sector are accelerating the market growth. Major players in the industry provide specialized bending machines for use in automotive industry. For instance, in April 2021, AMOB launched the new Fully Electric CNC Tube Bending Machine eMOB Super Heavy-Duty Series. These are fully electric tube bending machines, with the ability to bend tubes up to 225mm in diameter. Such factors are providing lucrative growth opportunities in the market.
The automatic bending machine market is segmented on the basis of type, technology, application, and region. By type, the market is categorized into automatic and semi-automatic. Depending on technology, it is fragmented into electric, hydraulic, pneumatic, and induction. On the basis of application, it is categorized into tube/pipe, metal sheet, and bar. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the automatic bending machine market analysis from 2021 to 2031 to identify the prevailing automatic bending machine market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the automatic bending machine market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global automatic bending machine market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
Automatic
Capacity
Upto 10 ton
10-20 ton
More than 20 ton
Semiautomatic
By Technology
Electric
Hydraulic
Pneumatic
Induction
By Application
Tube/Pipe
Metal Sheet
Bar
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Russia
Poland
Netherlands
Sweden
Rest Of Europe
Asia-Pacific
China
India
Japan
South Korea
Australia
Thailand
Indonesia
Vietnam
Rest Of Asia-Pacific
LAMEA
Brazil
Argentina
Saudi Arabia
UAE
South Africa
Nigeria
Rest Of LAMEA
Key Market Players
Amada Co. Ltd
AMOB
Baileigh Industries, Inc.
BLM Group
Bystronic
Danobatgroup
Euromac
HACO
Horn Machines Tools, Inc.
PEDAX GmbH
Pines Engineering & H&H Tooling
Prima Industrie S.p.A.
Shuz Tung Machinery Industrial Co., Ltd
Soco Machinery
Transfluid Maschinenbau GmbH
TRUMPF
WAFIOS AG
Please Note: It will take 7-10 business days to complete the report upon order confirmation.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook