Press Brakes Market By Product Type (Hydraulic, Hybrid, Servo-electric, Others), By Power Source (Electric, Hydraulic), By Axis (2 to 4 Axis, 4 to 6 Axis, 6 to 8 Axis): Global Opportunity Analysis and Industry Forecast, 2023-2032

Description

List of Tables

The global press brakes market was valued at $568.1 million in 2022, and is projected to reach $995.3 million by 2032, registering a CAGR of 5.88% from 2023 to 2032. In metal fabrication, a press brake is a pivotal machine designed for bending and shaping sheet metal with precision. Employing hydraulic or mechanical force, the press brake exerts pressure on the metal against a die, determining the final form of the workpiece. This versatile equipment is widely used for creating components with accurate bends and angles, crucial in industries ranging from electronics to furniture manufacturing. The adjustable back gauge on press brakes ensures consistency and repeatability, contributing to the efficiency and quality of metalworking processes.

Press brakes equipped with advanced automation features are at the forefront of revolutionizing sheet metal bending operations. Automation in press brakes involves the integration of robotic systems for material handling, tool changing, and even the execution of complex bending sequences. The implementation of robotic arms enhances overall efficiency by reducing manual intervention, increasing production speed, and minimizing the risk of errors. Additionally, automated press brakes contribute to improved workplace safety by mitigating the need for human operators to handle heavy materials and repetitive tasks. The synergy of automation and press brake technology is evident in the utilization of Computer Numerical Control (CNC) systems, allowing for precise programming and execution of bending sequences. This not only ensures consistent and high-quality output but also facilitates the seamless adaptation of press brakes to various manufacturing requirements. Such factors are expected to drive the growth of press brake market.

Demand for skilled labor for operating press brake system restrains the market growth. While modern press brakes are equipped with sophisticated technologies, including Computer Numerical Control (CNC) systems and automation features, their effective operation still necessitates skilled and knowledgeable operators. The shortage of qualified personnel with expertise in programming CNC controls, interpreting technical drawings, and understanding the intricacies of press brake setups poses a challenge for manufacturers. Training skilled operators requires time and resources, and the learning curve can impact production efficiency. Such factors are expected to restrain market growth.

Furthermore, the integration of Industry 4.0 technologies, presenting manufacturers with the chance to embrace smart manufacturing principles and enhance overall operational efficiency. The incorporation of Internet of Things (IoT) devices, data analytics, and connectivity features into press brake systems opens up avenues for real-time monitoring, predictive maintenance, and process optimization. By leveraging IoT sensors and connectivity, press brakes can provide valuable insights into machine performance, enabling manufacturers to monitor parameters such as bending force, tool wear, and energy consumption. For instance, in March 2022, HUI Manufacturing company has received a long-awaited delivery of Trumpf TruBend 5130 press brake. This will enhance the company's production capacity. Such factors are expected to offer lucrative growth opportunities for the market players during the forecast period.

The press brake market is segmented on the basis of product type, power source, and axis and region. By product type, the market is categorized into hydraulic, hybrid, servo-electric, and others. On the basis of power source, it is bifurcated into electric and hydraulic. As per axis, the market is categorized into 2 to 4 axis, 4 to 6 axis, 6 to 8 axis. On the basis of region, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, Italy, France, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), LAMEA (Latin America, Middle East, Africa).

The major players that operate in the global market have adopted key strategies such as product launch, acquisition, and others to strengthen their market outreach, product portfolio and sustain the stiff competition in the market.The key players profiled in the study include Durmazlar Machinery Inc., Accurl CNC Machine Anhui Manufactory Co., Ltd., Amada Company, Ltd., Baykal Makina Sanayi ve Ticaret A.S., ADH Machine Tool, Cincinnati Incorporated, Dener Makina, Ermaksan, and LVD Company NV.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the press brakes market analysis from 2022 to 2032 to identify the prevailing press brakes 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 press brakes 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 press brakes market trends, key players, market segments, application areas, and market growth strategies.

Additional benefits you will get with this purchase are:

Quarterly Update and* (only available with a corporate license, on listed price)
5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
Free Upcoming Version on the Purchase of Five and Enterprise User License.
16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
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Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)

Additional company profiles with specific to client's interest
Additional country or region analysis- market size and forecast
Expanded list for Company Profiles
Historic market data

Key Market Segments

By Product Type

Hydraulic
Hybrid
Servo-electric
Others

By Power Source

Electric
Hydraulic

By Axis

2 to 4 Axis
4 to 6 Axis
6 to 8 Axis

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- France
- Italy
- UK
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Chile
- Rest of Latin America
Middle East and Africa
- Saudi Arabia
- UAE
- Nigeria
- South Africa
- Rest of Middle East And Africa

Key Market Players:

Durmazlar Machinery Inc.
Accurl CNC Machine Anhui Manufactory Co., Ltd.
Amada Company, Ltd.
Baykal Makina Sanayi ve Ticaret A.S.
ADH Machine Tool
Cincinnati Incorporated
Dener Makina
ERMAKSAN
LVD Company NV
Prima Industrie SpA

Product Code: A08707

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
3.3. Porter's five forces analysis
3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.2. Restraints
- 3.4.3. Opportunities

CHAPTER 4: PRESS BRAKES MARKET, BY PRODUCT TYPE

4.1. Overview
- 4.1.1. Market size and forecast
4.2. Hydraulic
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
4.3. Hybrid
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
4.4. Servo-electric
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
4.5. Others
- 4.5.1. Key market trends, growth factors and opportunities
- 4.5.2. Market size and forecast, by region
- 4.5.3. Market share analysis by country

CHAPTER 5: PRESS BRAKES MARKET, BY POWER SOURCE

5.1. Overview
- 5.1.1. Market size and forecast
5.2. Electric
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
5.3. Hydraulic
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country

CHAPTER 6: PRESS BRAKES MARKET, BY AXIS

6.1. Overview
- 6.1.1. Market size and forecast
6.2. 2 to 4 Axis
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
6.3. 4 to 6 Axis
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
6.4. 6 to 8 Axis
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by region
- 6.4.3. Market share analysis by country

CHAPTER 7: PRESS BRAKES MARKET, BY REGION

7.1. Overview
- 7.1.1. Market size and forecast By Region
7.2. North America
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by Product Type
- 7.2.3. Market size and forecast, by Power Source
- 7.2.4. Market size and forecast, by Axis
- 7.2.5. Market size and forecast, by country
  - 7.2.5.1. U.S.
  - 7.2.5.1.1. Market size and forecast, by Product Type
  - 7.2.5.1.2. Market size and forecast, by Power Source
  - 7.2.5.1.3. Market size and forecast, by Axis
  - 7.2.5.2. Canada
  - 7.2.5.2.1. Market size and forecast, by Product Type
  - 7.2.5.2.2. Market size and forecast, by Power Source
  - 7.2.5.2.3. Market size and forecast, by Axis
  - 7.2.5.3. Mexico
  - 7.2.5.3.1. Market size and forecast, by Product Type
  - 7.2.5.3.2. Market size and forecast, by Power Source
  - 7.2.5.3.3. Market size and forecast, by Axis
7.3. Europe
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by Product Type
- 7.3.3. Market size and forecast, by Power Source
- 7.3.4. Market size and forecast, by Axis
- 7.3.5. Market size and forecast, by country
  - 7.3.5.1. Germany
  - 7.3.5.1.1. Market size and forecast, by Product Type
  - 7.3.5.1.2. Market size and forecast, by Power Source
  - 7.3.5.1.3. Market size and forecast, by Axis
  - 7.3.5.2. France
  - 7.3.5.2.1. Market size and forecast, by Product Type
  - 7.3.5.2.2. Market size and forecast, by Power Source
  - 7.3.5.2.3. Market size and forecast, by Axis
  - 7.3.5.3. Italy
  - 7.3.5.3.1. Market size and forecast, by Product Type
  - 7.3.5.3.2. Market size and forecast, by Power Source
  - 7.3.5.3.3. Market size and forecast, by Axis
  - 7.3.5.4. UK
  - 7.3.5.4.1. Market size and forecast, by Product Type
  - 7.3.5.4.2. Market size and forecast, by Power Source
  - 7.3.5.4.3. Market size and forecast, by Axis
  - 7.3.5.5. Rest of Europe
  - 7.3.5.5.1. Market size and forecast, by Product Type
  - 7.3.5.5.2. Market size and forecast, by Power Source
  - 7.3.5.5.3. Market size and forecast, by Axis
7.4. Asia-Pacific
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by Product Type
- 7.4.3. Market size and forecast, by Power Source
- 7.4.4. Market size and forecast, by Axis
- 7.4.5. Market size and forecast, by country
  - 7.4.5.1. China
  - 7.4.5.1.1. Market size and forecast, by Product Type
  - 7.4.5.1.2. Market size and forecast, by Power Source
  - 7.4.5.1.3. Market size and forecast, by Axis
  - 7.4.5.2. Japan
  - 7.4.5.2.1. Market size and forecast, by Product Type
  - 7.4.5.2.2. Market size and forecast, by Power Source
  - 7.4.5.2.3. Market size and forecast, by Axis
  - 7.4.5.3. India
  - 7.4.5.3.1. Market size and forecast, by Product Type
  - 7.4.5.3.2. Market size and forecast, by Power Source
  - 7.4.5.3.3. Market size and forecast, by Axis
  - 7.4.5.4. South Korea
  - 7.4.5.4.1. Market size and forecast, by Product Type
  - 7.4.5.4.2. Market size and forecast, by Power Source
  - 7.4.5.4.3. Market size and forecast, by Axis
  - 7.4.5.5. Rest of Asia-Pacific
  - 7.4.5.5.1. Market size and forecast, by Product Type
  - 7.4.5.5.2. Market size and forecast, by Power Source
  - 7.4.5.5.3. Market size and forecast, by Axis
7.5. Latin America
- 7.5.1. Key market trends, growth factors and opportunities
- 7.5.2. Market size and forecast, by Product Type
- 7.5.3. Market size and forecast, by Power Source
- 7.5.4. Market size and forecast, by Axis
- 7.5.5. Market size and forecast, by country
  - 7.5.5.1. Brazil
  - 7.5.5.1.1. Market size and forecast, by Product Type
  - 7.5.5.1.2. Market size and forecast, by Power Source
  - 7.5.5.1.3. Market size and forecast, by Axis
  - 7.5.5.2. Chile
  - 7.5.5.2.1. Market size and forecast, by Product Type
  - 7.5.5.2.2. Market size and forecast, by Power Source
  - 7.5.5.2.3. Market size and forecast, by Axis
  - 7.5.5.3. Rest of Latin America
  - 7.5.5.3.1. Market size and forecast, by Product Type
  - 7.5.5.3.2. Market size and forecast, by Power Source
  - 7.5.5.3.3. Market size and forecast, by Axis
7.6. Middle East and Africa
- 7.6.1. Key market trends, growth factors and opportunities
- 7.6.2. Market size and forecast, by Product Type
- 7.6.3. Market size and forecast, by Power Source
- 7.6.4. Market size and forecast, by Axis
- 7.6.5. Market size and forecast, by country
  - 7.6.5.1. Saudi Arabia
  - 7.6.5.1.1. Market size and forecast, by Product Type
  - 7.6.5.1.2. Market size and forecast, by Power Source
  - 7.6.5.1.3. Market size and forecast, by Axis
  - 7.6.5.2. UAE
  - 7.6.5.2.1. Market size and forecast, by Product Type
  - 7.6.5.2.2. Market size and forecast, by Power Source
  - 7.6.5.2.3. Market size and forecast, by Axis
  - 7.6.5.3. Nigeria
  - 7.6.5.3.1. Market size and forecast, by Product Type
  - 7.6.5.3.2. Market size and forecast, by Power Source
  - 7.6.5.3.3. Market size and forecast, by Axis
  - 7.6.5.4. South Africa
  - 7.6.5.4.1. Market size and forecast, by Product Type
  - 7.6.5.4.2. Market size and forecast, by Power Source
  - 7.6.5.4.3. Market size and forecast, by Axis
  - 7.6.5.5. Rest of Middle East And Africa
  - 7.6.5.5.1. Market size and forecast, by Product Type
  - 7.6.5.5.2. Market size and forecast, by Power Source
  - 7.6.5.5.3. Market size and forecast, by Axis

CHAPTER 8: COMPETITIVE LANDSCAPE

8.1. Introduction
8.2. Top winning strategies
8.3. Product mapping of top 10 player
8.4. Competitive dashboard
8.5. Competitive heatmap
8.6. Top player positioning, 2022

CHAPTER 9: COMPANY PROFILES

9.1. Durmazlar Machinery Inc.
- 9.1.1. Company overview
- 9.1.2. Key executives
- 9.1.3. Company snapshot
- 9.1.4. Operating business segments
- 9.1.5. Product portfolio
- 9.1.6. Business performance
- 9.1.7. Key strategic moves and developments
9.2. Accurl CNC Machine Anhui Manufactory Co., Ltd.
- 9.2.1. Company overview
- 9.2.2. Key executives
- 9.2.3. Company snapshot
- 9.2.4. Operating business segments
- 9.2.5. Product portfolio
- 9.2.6. Business performance
- 9.2.7. Key strategic moves and developments
9.3. Amada Company, Ltd.
- 9.3.1. Company overview
- 9.3.2. Key executives
- 9.3.3. Company snapshot
- 9.3.4. Operating business segments
- 9.3.5. Product portfolio
- 9.3.6. Business performance
- 9.3.7. Key strategic moves and developments
9.4. Baykal Makina Sanayi ve Ticaret A.S.
- 9.4.1. Company overview
- 9.4.2. Key executives
- 9.4.3. Company snapshot
- 9.4.4. Operating business segments
- 9.4.5. Product portfolio
- 9.4.6. Business performance
- 9.4.7. Key strategic moves and developments
9.5. ADH Machine Tool
- 9.5.1. Company overview
- 9.5.2. Key executives
- 9.5.3. Company snapshot
- 9.5.4. Operating business segments
- 9.5.5. Product portfolio
- 9.5.6. Business performance
- 9.5.7. Key strategic moves and developments
9.6. Cincinnati Incorporated
- 9.6.1. Company overview
- 9.6.2. Key executives
- 9.6.3. Company snapshot
- 9.6.4. Operating business segments
- 9.6.5. Product portfolio
- 9.6.6. Business performance
- 9.6.7. Key strategic moves and developments
9.7. Dener Makina
- 9.7.1. Company overview
- 9.7.2. Key executives
- 9.7.3. Company snapshot
- 9.7.4. Operating business segments
- 9.7.5. Product portfolio
- 9.7.6. Business performance
- 9.7.7. Key strategic moves and developments
9.8. ERMAKSAN
- 9.8.1. Company overview
- 9.8.2. Key executives
- 9.8.3. Company snapshot
- 9.8.4. Operating business segments
- 9.8.5. Product portfolio
- 9.8.6. Business performance
- 9.8.7. Key strategic moves and developments
9.9. LVD Company NV
- 9.9.1. Company overview
- 9.9.2. Key executives
- 9.9.3. Company snapshot
- 9.9.4. Operating business segments
- 9.9.5. Product portfolio
- 9.9.6. Business performance
- 9.9.7. Key strategic moves and developments
9.10. Prima Industrie SpA
- 9.10.1. Company overview
- 9.10.2. Key executives
- 9.10.3. Company snapshot
- 9.10.4. Operating business segments
- 9.10.5. Product portfolio
- 9.10.6. Business performance
- 9.10.7. Key strategic moves and developments