Global Panel Bender Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Panel Bender Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

A panel bender is an effective metal deformation machine, in a process, it is possible to quickly complete a complex part that requires a very precise radius formation, hems, or curves. Compared with the press brake machine, the Panel Bender is a machine with a higher degree of automation and more functions.

Market Overview:

The latest research study on the global Panel Bender market finds that the global Panel Bender market reached a value of USD 768.02 million in 2022. It’s expected that the market will achieve USD 1082.22 million by 2028, exhibiting a CAGR of 5.88% during the forecast period.

Drivers

A panel bender is an effective metal forming machine for jobs involving materials up to 1/8 inch thick. In one process, it is possible to rapidly complete a complex part that requires very accurate radius forming, hemming, or offset bends. For the press brake, Panel Bender is more automated. With a panel bender, the sheet is held steadily by the counter blade and blank holder. The machine has upper and lower universal bending blades that generate lateral bending force to fold the sheet metal. Because the counter blade, blank holder, and bending blades are universal, they can adapt to material size and thickness, so there is no need to change out tooling and minimal production downtime in between jobs. In addition to the tooling advantage, the panel bender has an advantage over a traditional press brake in terms of speed, repeatability, and consistency. The panel bender is more efficient than the press brake in terms of the number of workpieces produced per hour, as well as the bending of each workpiece. The panel bender can quickly produce small batches or complete sets of precision workpieces.

Region Overview:

In 2022, the share of the Panel Bender market in Americas stood at 35.92%.

Company Overview:

As a model of global sheet metal flexible processing technology, Salvagnini provides flexible automated sheet metal processing equipment and smart factory solutions for sheet metal companies around the world. The company applies the world's leading technology to intelligent equipment, including punching and shearing compound center, multilateral bending center, pressure bending machine, fiber laser cutting machine, flexible manufacturing system (Flexible Manufacturing System) / flexible manufacturing unit (Flexible Manufacturing Cell), automatic storage system, etc. All of Salvagnini's automation equipment and intelligent software use cutting-edge Industry 4.0 to provide users with intelligent solutions.

AMADA is a large Japanese metalworking equipment and machinery manufacturer based in Kanagawa. The company manufactures metal cutting, forming, shearing, and punching machines. In addition to machine tools, the company also develops factory automation systems and electronics. Amada's products are used in fields such as automobiles, computers, cameras, and electrical appliances industries.

Salvagnini is one of the major players operating in the Panel Bender market, holding a share of 28.61% in 2023.

Segmentation Overview:

As for product types, the Semi-automatic segment held the largest market share in 2022.

Application Overview:

The market's largest segment by application is the segment Automobile, with a market share of 24.63%in 2022.

Key Companies in the global Panel Bender market covered in Chapter 3:

AMADA
Prima Power
Salvagnini
RAS Reinhardt Maschinenbau GmbH
Ragos
TRUMPF
ACCURL
ADH Machine Tool
Durmazlar

In Chapter 4 and Chapter 14.2, on the basis of types, the Panel Bender market from 2018 to 2029 is primarily split into:

Semi-automatic
Automatic

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Panel Bender market from 2018 to 2029 covers:

Automobile
Aeronautics and Astronautics
Electric Apparatus
Other

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)