Market Overview:
The global automated bending machine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for automated bending machines from the automotive industry, manufacturing industry, and construction industry. Additionally, the growing demand for customized products is also fueling the growth of this market. However, factors such as high initial investment and lack of skilled labor are restraining the growth of this market. On basis of type, hydraulic bending machines are expected to hold a major share in the global automated bending machine market during the forecast period from 2018 to 2030. This can be attributed to their ability to produce high-quality products with precision and accuracy.
Product Definition:
An automated bending machine is a type of industrial machinery used to create metal parts through the use of a die. The parts are created by feeding metal sheet or tubing into the machine and then pressing it against the die to create the desired shape.
Hydraulic Bending Machine:
Hydraulic bending machine is used to bend the sheet metal in a controlled manner. It uses hydraulic pressure which is generated by engine or hydraulics system. The bent parts are then collected on the table and further processed using other machines.
The global HBMs market was valued at USD 1,849 million in 2016 and it is expected to grow at a CAGR of XX% from 2017 to 2024.
Electric Bending Machine:
An electric bending machine is a tool that is used to bend and form metal sheets, bars, rods & tubes. It works on the principle of arc welding wherein a high voltage current is passed through the work piece which causes it to melt and form into desired shape. The working principle of an electric bending machine differs from that of a hydraulic or pneumatic bentonite press in that air or water pressure are not involved in the process.
Application Insights:
Automotive industry was the largest application segment in 2016 and is expected to continue its dominance over the forecast period. Automated bending machines are widely used in automotive industry for manufacturing body panels, roof modules, door modules, fenders and hoods among others. The rising demand for lightweight vehicles to improve fuel efficiency is likely to propel product demand over the forecast period.
The manufacturing industry accounted for a significant share of revenue on account of increasing production capacities across various industries worldwide. Manufacturing companies are continuously looking forward to reducing their costs by automating their operations as much as possible which eventually leads them towards adopting automated bending machines from Krones AG & Co., Ltd., one of the world¢â‚¬â„¢s leading manufacturers of such equipment since 1922.
The construction sector also accounted significantly for revenue share owing to increased residential.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the largest automotive, manufacturing, construction and other industries. It has been observed that countries such as China, Japan, South Korea and India are investing heavily in automation owing to which this regional segment is projected to witness significant growth over the next eight years.
The demand for ABM's in Europe was valued at USD X million in 2017 on account of presence of a large number of players involved with production or distribution of automated machinery across various sectors including automotive & transportation; food & beverage; oil & gas; pharmaceuticals & healthcare; heavy industry etc. Moreover, increasing investments by governments for development or replacement activities coupled will power stations along with growing need for energy efficiency due to rising population are likely drive regional demand during the forecast period.
Growth Factors:
- Increasing demand for automobiles due to rising population and income levels in developing countries is expected to drive the growth of the automated bending machine market.
- The increasing use of lightweight materials in vehicles is also anticipated to fuel the demand for automated bending machines over the forecast period.
- Growing popularity of electric and hybrid vehicles is also expected to boost the market growth as these vehicles require more complex metal components which can be efficiently manufactured with automated bending machines.
- Rising investments by automotive OEMs towards development of new technologies and products is also projected to propel the market growth in coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Automated Bending Machine Market Research Report
By Type
Hydraulic Bending Machine, Electric Bending Machine, Mechanical Bending Machine
By Application
Automotive Industry, Manufacturing Industry, Construction Industry, Others
By Companies
Trumpf, Euromac, AMOB, Pines Engineering, SOCO Machinery, Jaypee Group, Gensco Equipment, Eurobend, MEP Group, Progress Maschinen & Automation, Henan Sinch Machinery, TJK Machinery (Tianjin), Chengdu Gute Machinery Works
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Automated Bending Machine Market Report Segments:
The global Automated Bending Machine market is segmented on the basis of:
Types
Hydraulic Bending Machine, Electric Bending Machine, Mechanical Bending Machine
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive Industry, Manufacturing Industry, Construction Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Trumpf
- Euromac
- AMOB
- Pines Engineering
- SOCO Machinery
- Jaypee Group
- Gensco Equipment
- Eurobend
- MEP Group
- Progress Maschinen & Automation
- Henan Sinch Machinery
- TJK Machinery (Tianjin)
- Chengdu Gute Machinery Works
Highlights of The Automated Bending Machine Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hydraulic Bending Machine
- Electric Bending Machine
- Mechanical Bending Machine
- By Application:
- Automotive Industry
- Manufacturing Industry
- Construction Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automated Bending Machine Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Consumer Insights
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An automated bending machine is a machine that bends metal sheets using an automated process. The machine uses a series of rollers to bend the metal sheet into the desired shape.
Some of the major companies in the automated bending machine market are Trumpf, Euromac, AMOB, Pines Engineering, SOCO Machinery, Jaypee Group, Gensco Equipment, Eurobend, MEP Group, Progress Maschinen & Automation, Henan Sinch Machinery, TJK Machinery (Tianjin), Chengdu Gute Machinery Works.
The automated bending machine market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Automated Bending Machine Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Automated Bending Machine Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Automated Bending Machine Market - Supply Chain
4.5. Global Automated Bending Machine Market Forecast
4.5.1. Automated Bending Machine Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Automated Bending Machine Market Size (000 Units) and Y-o-Y Growth
4.5.3. Automated Bending Machine Market Absolute $ Opportunity
5. Global Automated Bending Machine Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Automated Bending Machine Market Size and Volume Forecast by Type
5.3.1. Hydraulic Bending Machine
5.3.2. Electric Bending Machine
5.3.3. Mechanical Bending Machine
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Automated Bending Machine Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Automated Bending Machine Market Size and Volume Forecast by Application
6.3.1. Automotive Industry
6.3.2. Manufacturing Industry
6.3.3. Construction Industry
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Automated Bending Machine Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Automated Bending Machine Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Automated Bending Machine Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Automated Bending Machine Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Automated Bending Machine Demand Share Forecast, 2019-2026
9. North America Automated Bending Machine Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Automated Bending Machine Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Automated Bending Machine Market Size and Volume Forecast by Application
9.4.1. Automotive Industry
9.4.2. Manufacturing Industry
9.4.3. Construction Industry
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Automated Bending Machine Market Size and Volume Forecast by Type
9.7.1. Hydraulic Bending Machine
9.7.2. Electric Bending Machine
9.7.3. Mechanical Bending Machine
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Automated Bending Machine Demand Share Forecast, 2019-2026
10. Latin America Automated Bending Machine Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Automated Bending Machine Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Automated Bending Machine Market Size and Volume Forecast by Application
10.4.1. Automotive Industry
10.4.2. Manufacturing Industry
10.4.3. Construction Industry
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Automated Bending Machine Market Size and Volume Forecast by Type
10.7.1. Hydraulic Bending Machine
10.7.2. Electric Bending Machine
10.7.3. Mechanical Bending Machine
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Automated Bending Machine Demand Share Forecast, 2019-2026
11. Europe Automated Bending Machine Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Automated Bending Machine Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Automated Bending Machine Market Size and Volume Forecast by Application
11.4.1. Automotive Industry
11.4.2. Manufacturing Industry
11.4.3. Construction Industry
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Automated Bending Machine Market Size and Volume Forecast by Type
11.7.1. Hydraulic Bending Machine
11.7.2. Electric Bending Machine
11.7.3. Mechanical Bending Machine
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Automated Bending Machine Demand Share, 2019-2026
12. Asia Pacific Automated Bending Machine Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Automated Bending Machine Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Automated Bending Machine Market Size and Volume Forecast by Application
12.4.1. Automotive Industry
12.4.2. Manufacturing Industry
12.4.3. Construction Industry
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Automated Bending Machine Market Size and Volume Forecast by Type
12.7.1. Hydraulic Bending Machine
12.7.2. Electric Bending Machine
12.7.3. Mechanical Bending Machine
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Automated Bending Machine Demand Share, 2019-2026
13. Middle East & Africa Automated Bending Machine Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Automated Bending Machine Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Automated Bending Machine Market Size and Volume Forecast by Application
13.4.1. Automotive Industry
13.4.2. Manufacturing Industry
13.4.3. Construction Industry
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Automated Bending Machine Market Size and Volume Forecast by Type
13.7.1. Hydraulic Bending Machine
13.7.2. Electric Bending Machine
13.7.3. Mechanical Bending Machine
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Automated Bending Machine Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Automated Bending Machine Market: Market Share Analysis
14.2. Automated Bending Machine Distributors and Customers
14.3. Automated Bending Machine Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Trumpf
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Euromac
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. AMOB
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Pines Engineering
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. SOCO Machinery
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Jaypee Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Gensco Equipment
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Eurobend
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. MEP Group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Progress Maschinen & Automation
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Henan Sinch Machinery
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. TJK Machinery (Tianjin)
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Chengdu Gute Machinery Works
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
