Automated Bending Machine Market Report: Trends, Forecast and Competitive Analysis to 2030

Automated Bending Machine Trends and Forecast

The future of the global automated bending machine market looks promising with opportunities in the automotive, shipbuilding, aerospace, and construction & mining markets. The global automated bending machine market is expected to reach an estimated $3.4 billion by 2030 with a CAGR of 5.3% from 2024 to 2030. The major drivers for this market are growing demand for iron and steel from the building and transportation industries, advancement of innovative tools and automated systems for shaping solid-drawn metals, and rising population in the developing countries.

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Automated Bending Machine by Segment

The study includes a forecast for the global automated bending machine by type, technology, application, end use industry, and region.

Automated Bending Machine Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Automatic
• Semi-Automatic

Automated Bending Machine Market by Technology [Shipment Analysis by Value from 2018 to 2030]:

• Electric
• Hydraulic
• Pneumatic
• Induction Based

Automated Bending Machine Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Tube/Pipe Metal Sheet Bar
• Metal Sheet
• Bar

Automated Bending Machine Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• Automotive
• Shipbuilding
• Aerospace
• Construction & Mining
• Others

Automated Bending Machine Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Automated Bending Machine Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies automated bending machine companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the automated bending machine companies profiled in this report include-

• TRUMPF
• AMADA HOLDINGS
• HACO BV
• Bystronic Laser
• Prima Industries
• DANOBAT GROUP
• WAFIOS
• BLM Group
• AMOB

Automated Bending Machine Market Insights

Lucintel forecasts that electric will remain the largest segment over the forecast period because it provides user-friendly operation and precision in bending tubes, pipes, metal sheets, and bars, all while consuming less electricity compared to alternative bending machines like pneumatic and hydraulic ones, as well as it offers more cost-effective solution compared to machinery utilizing different technologies.

Within this market, automotive will remain the largest segment over the forecast period due to new technological trends, including electric and hybrid vehicles, in-vehicle management systems, autonomous vehicles, and advanced passenger safety systems.

APAC will remain the largest region over the forecast period due to growth of small and mid-sized businesses, improving economic infrastructure, presence of major companies, robust industrial demand, and a well-developed supply side in this region.

Features of the Global Automated Bending Machine Market

Market Size Estimates: Automated bending machine market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Automated bending machine market size by type, technology, application, and region in terms of value ($B).

Regional Analysis: Automated bending machine market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, technologies, applications, and regions for the automated bending machine market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the automated bending machine market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the automated bending machine market size?

Answer: The global automated bending machine market is expected to reach an estimated $3.4 billion by 2030.

Q.2 What is the growth forecast for automated bending machine market?

Answer: The global automated bending machine market is expected to grow with a CAGR of 5.3% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the automated bending machine market?

Answer: The major drivers for this market are growing demand for iron and steel from the building and transportation industries, advancement of innovative tools and automated systems for shaping solid-drawn metals, and rising population in the developing countries.

Q4. What are the major segments for automated bending machine market?

Answer: The future of the automated bending machine market looks promising with opportunities in the automotive, shipbuilding, aerospace, and construction & mining markets.

Q5. Who are the key automated bending machine market companies?

Answer: Some of the key automated bending machine companies are as follows:

• TRUMPF
• AMADA HOLDINGS
• HACO BV
• Bystronic Laser
• Prima Industries
• DANOBAT GROUP
• WAFIOS
• BLM Group
• AMOB

Q6. Which automated bending machine market segment will be the largest in future?

Answer: Lucintel forecasts that electric will remain the largest segment over the forecast period because it provides user-friendly operation and precision in bending tubes, pipes, metal sheets, and bars, all while consuming less electricity compared to alternative bending machines like pneumatic and hydraulic ones, as well as it offers more cost-effective solution compared to machinery utilizing different technologies.

Q7. In automated bending machine market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region over the forecast period due to growth of small and mid-sized businesses, improving economic infrastructure, presence of major companies, robust industrial demand, and a well-developed supply side in this region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the automated bending machine market by type (automatic and semi-automatic), technology (electric, hydraulic, pneumatic, and induction based), application (tube/pipe metal sheet bar, metal sheet, and bar), end use industry (automotive, shipbuilding, aerospace, construction & mining, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?