[Latest] Global Automated Bending Machine Market Size/Share Worth USD 3.8 Billion by 2033 at a 4.3% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value)
Austin, TX, USa, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “Automated Bending Machine Market Size, Trends and Insights By Technology (Electric, Hydraulic, Pneumatic, Induction), By Application (Tube/Pipe, Metal Sheet, Bar), By Industry (Automotive, Shipbuilding, Aerospace, Construction & Mining, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033” in its research database.
“According to the latest research study, the demand of global Automated Bending Machine Market size & share was valued at approximately USD 2.1 Billion in 2023 and is expected to reach USD 2.2 Billion in 2024 and is expected to reach a value of around USD 3.8 Billion by 2033, at a compound annual growth rate (CAGR) of about 4.3% during the forecast period 2024 to 2033.”
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Automated Bending Machine Market: Overview
A linear or rotating move is used to bend a tool using an automatic bending machine. Pipe, tubing, metal sheets, and bars are bent using automatic bending equipment. There are two types of bending processes: form-bound bending and free-from bending. In these processes, heating or cold forming is involved.
An automatic bending machine presses pipes, sheet metal, and tubes made of stock material against a die by applying mechanical force. The materials are forced to take on the die’s intended shape.
During the metal fabrication process, metallic objects such as tubes, bars, wires, angles, “T” and “U” profiles, and beams are formed and manufactured. Both low-volume bending machine models used in little workshops or tool rooms on the job site and complex bending machine models used in industries for bulk bending processes are available.
They consist of many forms of bending machinery as well as pipe, plate, and metal sheet bending. Integration with Industry 4.0 principles and IoT connectivity allows automated bending machines to be part of interconnected smart factories.
They can communicate with other machines and systems, enabling seamless production workflows, remote monitoring, and data-driven decision-making. With a growing focus on sustainability and energy efficiency, automated bending machines are being designed to minimize energy consumption without compromising performance. This includes the use of energy-efficient motors, regenerative braking systems, and idle shutdown features.
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By technology, the hydraulic segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. Large workpieces can be handled by hydraulic bending machines, which are highly precise, powerful, and practical.
The automobile, shipbuilding, and construction industries all choose hydraulic technology for bending heavy metal sheets and tubes. The biggest market for hydraulic automatic bending machines is in the Asia-Pacific area, which is dominated by nations like China and India.
By application, the tube/pipe segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. The aerospace, shipbuilding, automobile, and construction industries all rely on a vast network of tubes and pipes. Transporting or channelling gas, liquid, or solid materials is done with the use of these tubes or pipes.
By industry, the automotive segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. The market for automated bending machines is dominated by the automotive sector segment because manufacturing processes require more accuracy and efficiency.
The Asia-Pacific (APAC) region is expected to witness the highest growth rate in the Automated Bending Machine Market. Asia Pacific is becoming the hub for the world’s leading automakers, some of whom are even selling customized electric and hybrid vehicles.
Horn Machine Tools Inc. is a U.S. manufacturer of CNC & NC all-electric tube and pipe benders. HMT also distributes tube & pipe benders and fiber laser tubes.
Report Scope
| Feature of the Report | Details |
| Market Size in 2024 | USD 2.2 Billion |
| Projected Market Size in 2033 | USD 3.8 Billion |
| Market Size in 2023 | USD 2.1 Billion |
| CAGR Growth Rate | 4.3% CAGR |
| Base Year | 2023 |
| Forecast Period | 2024-2033 |
| Key Segment | By Technology, Application, Industry and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
(A free sample of the Automated Bending Machine report is available upon request; please contact us for more information.)
Our Free Sample Report Consists of the following:
- Introduction, Overview, and in-depth industry analysis are all included in the 2024 updated report.
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- About 220+ Pages Research Report (Including Recent Research)
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- Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2024
- Includes Tables and figures have been updated.
- The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
- Custom Market Insights (CMI) research methodology
(Please note that the sample of the Automated Bending Machine report has been modified to include the COVID-19 impact study prior to delivery.)
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CMI has comprehensively analyzed the Global Automated Bending Machine Market. The driving forces, restraints, challenges, opportunities, and key trends have been explained in depth to depict the in-depth scenario of the market. Segment wise market size and market share during the forecast period are duly addressed to portray the probable picture of this global automated bending machine industry.
The competitive landscape includes key innovators, after market service providers, market giants as well as niche players are studied and analyzed extensively concerning their strengths, weaknesses as well as value addition prospects. In addition, this report covers key players profiling, market shares, mergers and acquisitions, consequent market fragmentation, new trends and dynamics in partnerships.
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Key questions answered in this report:
- What is the size of the Automated Bending Machine market and what is its expected growth rate?
- What are the primary driving factors that push the Automated Bending Machine market forward?
- What are the Automated Bending Machine Industry's top companies?
- What are the different categories that the Automated Bending Machine Market caters to?
- What will be the fastest-growing segment or region?
- In the value chain, what role do essential players play?
- What is the procedure for getting a free copy of the Automated Bending Machine market sample report and company profiles?
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2024−2033
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
- Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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Automated Bending Machine Market: Regional Analysis
By Region, Automated Bending Machine Market is segmented into North America, Europe, Asia Pacific, Latin America, the Middle East & Africa. Asia Pacific led the Automated Bending Machine Market in 2023 with a market share of 41.6% and is expected to keep its dominance during the forecast period 2024-2033.
The greatest market for automated bending machines is anticipated to be Asia Pacific. Asia Pacific is led by developed nations like China and Japan and developing nations like India. Asia Pacific is a potential market for automated bending machines because of factors including the rise in small and medium-sized enterprises and the growing economy of the area.
The market for automated bending machines would be directly impacted by the improving economic infrastructure in Asia Pacific. The region’s large-scale infrastructure projects and construction activities further fuel the demand for automated bending machines.
As urbanization continues to accelerate, there is a growing need for fabricated metal components used in building construction, infrastructure development, and machinery manufacturing, where automated bending machines play a crucial role in shaping metal parts with precision and efficiency.
Additionally, favourable government initiatives promoting industrial automation, coupled with the availability of skilled labour and competitive manufacturing costs, make Asia Pacific an attractive market for automated bending machine manufacturers. This combination of factors positions the region as a driving force behind the growth of the automated bending machine market.
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Browse the full “Automated Bending Machine Market Size, Trends and Insights By Technology (Electric, Hydraulic, Pneumatic, Induction), By Application (Tube/Pipe, Metal Sheet, Bar), By Industry (Automotive, Shipbuilding, Aerospace, Construction & Mining, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033” Report at https://www.custommarketinsights.com/report/automated-bending-machine-market/
List of the prominent players in the Automated Bending Machine Market:
- Transfluid Maschinenbau GmbH
- PEDAX GmbH
- Horn Machines Tools Inc.
- Pines Engineering & H&H Tooling
- HACO
- Prima Industries S.p.A.
- Soco Machinery
- Shuz Tung Machinery Industrial Co. Ltd
- Euromac
- TRUMPF
- WAFIOS AG
- Baileigh Industries Inc.
- Bystronic
- Amada Co. Ltd
- AMOB
- Danobatgroup
- BLM Group
- WAFIOS AG
- Others
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The Automated Bending Machine Market is segmented as follows:
By Technology
- Electric
- Hydraulic
- Pneumatic
- Induction
By Application
- Tube/Pipe
- Metal Sheet
- Bar
By Industry
- Automotive
- Shipbuilding
- Aerospace
- Construction & Mining
- Others
Click Here to Get a Free Sample Report of the Global Automated Bending Machine Market @ https://www.custommarketinsights.com/report/automated-bending-machine-market/
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
This Automated Bending Machine Market Research/Analysis Report Contains Answers to the following Questions.
- Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Automated Bending Machine Market? What are Their Company Profile, Product Information, and Contact Information?
- What Was the Global Market Status of the Automated Bending Machine Market? What Was the Capacity, Production Value, Cost and PROFIT of the Automated Bending Machine Market?
- What Is the Current Market Status of the Automated Bending Machine Industry? What's Market Competition in This Industry, Both Company and Country Wise? What's Market Analysis of Automated Bending Machine Market by Considering Applications and Types?
- What Are Projections of the Global Automated Bending Machine Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
- What Is Automated Bending Machine Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is the Economic Impact On Automated Bending Machine Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Automated Bending Machine Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Automated Bending Machine Industry?
Click Here to Access a Free Sample Report of the Global Automated Bending Machine Market @ https://www.custommarketinsights.com/report/automated-bending-machine-market/
Reasons to Purchase Automated Bending Machine Market Report
- Automated Bending Machine Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
- Automated Bending Machine Market report outlines market value (USD) data for each segment and sub-segment.
- This report indicates the region and segment expected to witness the fastest growth and dominate the market.
- Automated Bending Machine Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
- The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
- Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
- The Industry's current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
- Automated Bending Machine Market Includes in-depth market analysis from various perspectives through Porter's five forces analysis and provides insight into the market through Value Chain.
Reasons for the Research Report
- The study provides a thorough overview of the global Automated Bending Machine market. Compare your performance to that of the market as a whole.
- Aim to maintain competitiveness while innovations from established key players fuel market growth.
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What does the report include?
- Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Automated Bending Machine market analysis.
- The competitive environment of current and potential participants in the Automated Bending Machine market is covered in the report, as well as those companies' strategic product development ambitions.
- According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.
- For each segment mentioned above, actual market sizes and forecasts have been given.
Who should buy this report?
- Participants and stakeholders worldwide Automated Bending Machine market should find this report useful. The research will be useful to all market participants in the Automated Bending Machine industry.
- Managers in the Automated Bending Machine sector are interested in publishing up-to-date and projected data about the worldwide Automated Bending Machine market.
- Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Automated Bending Machine products' market trends.
- Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans.
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