Automated Bending Machine Market size was valued at US$ 2.17 Bn. in 2022 and is expected to grow at 4.5% through 2023 to 2029, reaching nearly US$ 2.95 Bn.
Automated Bending Machine Market Overview:
The Automated Bending Machine market‘s competitive landscape comprises information about rivals. A firm overview, financials, revenue produced, market potential, R&D investment, new market efforts, geographical presence, business strengths and weaknesses, product launch, and application domination are among the topics covered. The following information is only relevant to the organization’s focus on the Automated Bending Machine market.
Market Scope:
To validate the market size and estimate the market size by different segments, top-down and bottom-up methodologies are utilized. The research’s market estimates are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). To create percentage splits, market shares, and segment breakdowns, weights based on usage rate and average sale price are applied to each location. The percentage acceptance or usage of the given market Size in the relevant area or nation determines the country-wise segmentation of the main market and its sub-segments.
Automated Bending Machine Market Dynamics:
Sales of automated bending machines have increased as a result of the consistent expansion in many industries, including oil and gas, manufacturing, automotive, and building and construction. The development of new classes of tools and automated systems for solid-drawn metal shaping without the need for welding as a result of increased metalworking processes is anticipated to help the market share of automated bending machines increase.
Some of the key automated bending machine market trends driving demand include the use of highly sophisticated bending machine models in industries for bulk bending operations as well as those used in low production processes in small workshops or tool rooms on a project site. Modern CNC bending equipment has quickly replaced earlier mechanical bending methods in the metalworking industry.
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Automated Bending Machine Market Segmentation:
The Automated Bending Machine Market is divided into two types based on type: automatic and semiautomatic. Automatic type bending machines are anticipated to significantly contribute to the automated bending machine market throughout the forecast period.
Automatic type bending machines are easy to use since they load and unload workpieces that need to be bent. When the workpiece is large and has a complex shape, automatic loading and unloading is advantageous and useful. Semiautomatic type bending machines are inconvenient since the workpiece must be manually fed into them. The market for automatic type bending machines is anticipated to continue expanding more quickly than the market for semiautomatic type bending machines due to its simplicity of use and high precision.
Automated Bending Machine Market Key Players: Market leaders are identified by primary and secondary research, and market revenue is calculated using primary and secondary research. The core study included in-depth interviews with key thought leaders and industry experts such as experienced front-line personnel, CEOs, and marketing executives. In-depth interviews with important thought leaders and industry experts, such as experienced front-line personnel, CEOs, and marketing executives, were conducted as part of primary research, while secondary research included a review of the major manufacturers’ annual and financial reports. Secondary data is utilized to calculate percentage splits, market shares, growth rates, and global market breakdowns, which are then verified against primary data. The following are the key players of the Automated Bending Machine market-
• Euromac (Italy)
• Pines Engineering & H&H Tooling (US)
• SOCO Machinery (Taiwan)
• TRUMPF GmbH + Co. KG (Germany)
• AMADA HOLDINGS Co., Ltd. (Japan)
• HACO BV (Belgium)
• Bystronic Laser AG (Germany)
• Prima Industrie S.p.A. (Italy)
• DANOBAT GROUP (Spain)
• WAFIOS AG (Germany)
• BLM Group (Italy)
• transfluid® Maschinenbau GmbH (Germany)
• AMOB (Portugal)
• Jaypee Group (India)
• Gensco Equipment (US)
• Eurobend (Germany)
• MEP Group (Italy)
• Progress Maschinen & Automation (Italy)
• Henan Sinch Machinery (China)
• TJK Machinery (China)
• Chengdu Gute Machinery Works (China)
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Regional Analysis:
Individual market influencing components and changes in market rules that affect current and future market trends are also investigated in the geographical component of the research. Some of the factors used to forecast market scenarios for various countries include downstream and upstream value chain analysis, technological trends, Porter’s five forces analysis, and case studies.
COVID-19 Impact Analysis on Automated Bending Machine Market: Furthermore, the research assesses the impact of COVID-19 on the Automated Bending Machine market. The fundamental purpose of this research is to help users understand the market in terms of definition, segmentation, market potential, key trends, and difficulties that the industry confronts across major regions. The paper provides a microeconomic and macroeconomic analysis of the overall impact of COVID-19 on the Automated Bending Machine Market. The report focuses on market share and size, clearly demonstrating the pandemic’s influence on the worldwide Automated Bending Machine Market in the next years.
Key Questions Answered in the Automated Bending Machine Market Report are:
- What will be the Automated Bending Machine market’s CAGR throughout the projected period
- Which market category emerged as the market leader in the Automated Bending Machine industry?
- Who are the key players in the Automated Bending Machine market?
- What important trends in the Automated Bending Machine industry are anticipated to develop throughout the forecast period?
- How big will the Automated Bending Machine market be in 2027?
- In 2020, which business segment had the highest proportion of the Automated Bending Machine market?
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