REPORT HIGHLIGHT
Roller Benders Market size was valued at USD 480.9 Million in 2022, expanding at a CAGR of 6.6% from 2023 to 2030.
A mechanical jig or tool called a roller bender is used to shape metal rods or bars into circular arcs. Three rollers that may freely revolve around three parallel axes make up the device. These rollers are positioned with consistent horizontal spacing between them, resulting in a well-organized structure.
Roller Benders Market - Market Dynamics:
- Rising application in the construction sector drives market growth
- The increasing use of roller benders in the expanding construction industry is expected to drive the growth of the worldwide roller bender market. Due to their ability to produce both sophisticated and straightforward metal-based structural elements, which are now the industry's top demand, these industrial tools are incredibly flexible. Numerous modern architectural structures, such as educational facilities, hospitals, coastal fortifications, skyscrapers, and commercial buildings, make substantial use of metals. For instance, in May 2023, the Indian Kiran Nadar Museum of Art made plans to increase its support for the promotion of Indian art. The private institute released the design for a new, 100,000-square-meter building project. The Delhi National Highway will be where it is situated. Thus, this is expected to drive the market growth in the region.
Roller Benders Market - Key Insights:
- As per the analysis shared by our research analyst, the global Roller Benders market is estimated to grow annually at a CAGR of around 6.6% over the forecast period (2023-2030).
- The Roller bender industry is projected to grow at a significant rate due to the rising construction industry.
- Based on the application, the construction & building segment is expected to dominate the market during the forecast period.
- Based on region, the Asia Pacific is expected to dominate the market during the forecast period.
Roller Benders Market- Segmentation Analysis:
- The Global Roller Benders Market is segmented based on type, application, and Region.
- Based on the application, the global market is segmented into transportation, construction & building, oil & gas, energy industry, home appliances, and others. The construction & building segment is expected to dominate the market during the forecast period. The growth in the segment is attributed to the increasing need for architecturally appealing and cutting-edge buildings, including all types of structural frameworks like stairs, railings, and other elements. Thereby, driving the segment expansion during the forecast period.
Roller Benders Market- Geographical Insights
Geographically, this market is widespread in the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business. The Asia Pacific is expected to dominate the market during the forecast period. The market growth in the region is attributed to the growing automotive sector. Roller benders are crucial for bending metal parts used in vehicle manufacturing. For instance, according to the Society of Indian Automobile Manufacturers, A total of 38,90,114 passenger vehicles were sold overall, up from 30,69,523. In comparison to the prior year, sales of Passenger Cars climbed from 14,67,039 to 17,47,376, Utility Vehicles from 14,89,219 to 20,03,718 and Vans from 1,13,265 to 1,39,020 units in FY-2022-23. Sales of commercial vehicles as a whole went up from 7,16,566 to 9,62,468 units. In comparison to the prior year, sales of Light Commercial Vehicles climbed from 4,75,989 to 6,03,465 units while those of Medium and Heavy Commercial Vehicles increased from 2,40,577 to 3,59,003 units. Thus, the aforementioned stats drive the market growth in the region.
Roller Benders Market- Competitive Landscape:
To remain competitive in the market the key players adopted various strategies including product launches, acquisitions, partnerships, agreements and others. The key players are Davi, Faccin, YSD, Akyapak, Nanjing Klaus CNC Machinery Co. Ltd, Uzma Machinery, Nantong Chaoli, AMB Picot, Sahinler, Haeusler, Imcar, Himalaya Machine, Roccia, Wuxi Shenchong Forging Machine and LEMAS.
Recent Developments:
In March 2023, CuBuilt Engineers Pvt Ltd. purchased a brand-new roller bender model named the ME 3095 N from Italian roller bender producer MG Srl. It is a four-roll plate machine with standard pre-bending and rolling capacities of 70 and 95 mm, respectively.
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL ROLLER BENDERS MARKET KEY PLAYERS
- Davi
- Faccin
- YSD
- Akyapak
- Nanjing Klaus CNC Machinery Co. Ltd
- Uzma Machinery
- Nantong Chaoli
- AMB Picot
- Sahinler
- Haeusler
- Imcar
- Himalaya Machine
- Roccia
- Wuxi Shenchong Forging Machine
- LEMAS
GLOBAL ROLLER BENDERS MARKET, BY TYPE
- Two-Roller
- Three-Roller
- Four-Roller
GLOBAL ROLLER BENDERS MARKET, BY APPLICATION
- Transportation
- Construction & Building
- Oil & Gas
- Energy Industry
- Home Appliances
- Others
GLOBAL ROLLER BENDERS MARKET, BY REGION
- Europe
- Germany
- France
- Italy
- Spain
- United Kingdom
- Russia
- Netherlands
- Sweden
- Poland
- Rest of Europe
- Asia Pacific
- India
- China
- South Korea
- Japan
- Australia
- Thailand
- Indonesia
- Philippines
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Rest of LATAM
- The Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Israel
- Turkey
- Algeria
- Egypt
- Rest of MEA