Market Overview:
The global roll forming equipment 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 automobiles and the growing construction industry. In terms of type, the parking meter segment is expected to lead the global roll forming equipment market during the forecast period, followed by parking kiosks. In terms of application, government institutions are expected to lead the global roll forming equipment market during the forecast period, followed by hospitals and parks. Regionally, North America is expected to leadthe global roll forming equipment market duringthe forecastperiod,followedby Europeand Asia Pacific .
Product Definition:
Roll forming equipment is a type of machinery used to create metal shapes by passing a sheet of metal between two rollers. This process forms the desired shape by bending and compressing the metal. The importance of roll forming equipment lies in its ability to quickly and efficiently produce large quantities of uniform metal shapes with little waste.
Parking Meter (Single Space):
Single space parking meter is a device used for measuring the duration of time an automobile occupies a particular spot in a parking lot or garage. It's primary function is to ensure that vehicles are not parked in excess of the limit enforced by the facility’s management. The single-space meter can be mounted on a post, pole, or structure and can be operated manually as well as automatically via an electric motor.
Parking Kiosks (Multi Space):
The global parking kiosks (multi-space) and it's usage in roll forming equipment market size was valued at USD 1.6 billion in 2016. The increasing demand for automated solutions to manage a large number of vehicles is expected to drive the growth over the forecast period.
Parking kiosks are used for various applications such as passenger drop off, loading.
Application Insights:
The government institutions application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The roll forming equipment used in this application are compact, easy to install, energy-efficient and cost-effective compared with other systems. These machines help reduce space constraints while offering flexible design options for parking facilities that require minimum floor area requirements along with maximum flexibility in terms of designing new spaces or expanding old spaces.
The transit system segment is expected to witness significant growth over the forecast period owing to increasing investments by governments across various regions into improving public transportation infrastructure including metro rail systems, light rail networks as well as bus rapid transport systems (BRTS).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing government investments in infrastructure development coupled with rising consumer disposable income levels. Furthermore, rapid urbanization and industrialization are also contributing toward regional growth.
The North American market is anticipated to grow at a significant rate over the forecast period owing to technological advancements, increased use of smart devices for payment systems, growing emphasis on energy-efficient roll forming equipment as well as demand for aesthetically pleasing designs from consumers. Roll forming equipment manufacturers are focusing on improving their product offerings by introducing innovative products that meet customer requirements while ensuring high productivity levels at competitive prices. This factor is expected to drive industry expansion across this region during the forecast period.
Growth Factors:
- Increasing demand for lightweight and high-strength materials in automotive and aerospace industries
- Growing demand for customized roll formed products from construction and manufacturing sectors
- Rising adoption of roll forming technology across various end-use industries
- Technological advancements in the roll forming equipment industry
- Growing investments by key players in research and development to develop new products
Scope Of The Report
Report Attributes
Report Details
Report Title
Roll Forming Equipment Market Research Report
By Type
Parking Meter (Single Space), Parking Kiosks (Multi Space)
By Application
Government Institutions, Hospitals, Parks, Transit Systems, Malls & Stadiums, Other
By Companies
FLOWBIRD, POM Inc., Hectronic, Kinouwell Tech, IEM, METRIC Group Ltd, J.J. MacKay Canada Limited, IPS Group, Inc., Shenzhen Horoad Electronic Technology, Ventek International, Parking BOXX, CivicSmart, Inc., LocoMobi Inc
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
159
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Roll Forming Equipment Market Report Segments:
The global Roll Forming Equipment market is segmented on the basis of:
Types
Parking Meter (Single Space), Parking Kiosks (Multi Space)
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
Government Institutions, Hospitals, Parks, Transit Systems, Malls & Stadiums, Other
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:
- FLOWBIRD
- POM Inc.
- Hectronic
- Kinouwell Tech
- IEM
- METRIC Group Ltd
- J.J. MacKay Canada Limited
- IPS Group, Inc.
- Shenzhen Horoad Electronic Technology
- Ventek International
- Parking BOXX
- CivicSmart, Inc.
- LocoMobi Inc
Highlights of The Roll Forming Equipment 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:
- Parking Meter (Single Space)
- Parking Kiosks (Multi Space)
- By Application:
- Government Institutions
- Hospitals
- Parks
- Transit Systems
- Malls & Stadiums
- Other
- 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 Roll Forming Equipment 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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- Product & Brand Management
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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?
Roll forming equipment is used to create a variety of products, including parts for cars and trucks, medical devices, sporting goods and more. The machine uses pressure and heat to form the product into a desired shape.
Some of the key players operating in the roll forming equipment market are FLOWBIRD, POM Inc., Hectronic, Kinouwell Tech, IEM, METRIC Group Ltd, J.J. MacKay Canada Limited, IPS Group, Inc., Shenzhen Horoad Electronic Technology, Ventek International, Parking BOXX, CivicSmart, Inc., LocoMobi Inc.
The roll forming equipment market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Roll Forming Equipment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Roll Forming Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Roll Forming Equipment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Roll Forming Equipment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Roll Forming Equipment Market Size & Forecast, 2020-2028
4.5.1 Roll Forming Equipment Market Size and Y-o-Y Growth
4.5.2 Roll Forming Equipment Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Parking Meter (Single Space)
5.2.2 Parking Kiosks (Multi Space)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Government Institutions
6.2.2 Hospitals
6.2.3 Parks
6.2.4 Transit Systems
6.2.5 Malls & Stadiums
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Roll Forming Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Roll Forming Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Parking Meter (Single Space)
9.6.2 Parking Kiosks (Multi Space)
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Government Institutions
9.10.2 Hospitals
9.10.3 Parks
9.10.4 Transit Systems
9.10.5 Malls & Stadiums
9.10.6 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Parking Meter (Single Space)
10.6.2 Parking Kiosks (Multi Space)
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Government Institutions
10.10.2 Hospitals
10.10.3 Parks
10.10.4 Transit Systems
10.10.5 Malls & Stadiums
10.10.6 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Parking Meter (Single Space)
11.6.2 Parking Kiosks (Multi Space)
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Government Institutions
11.10.2 Hospitals
11.10.3 Parks
11.10.4 Transit Systems
11.10.5 Malls & Stadiums
11.10.6 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Parking Meter (Single Space)
12.6.2 Parking Kiosks (Multi Space)
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Government Institutions
12.10.2 Hospitals
12.10.3 Parks
12.10.4 Transit Systems
12.10.5 Malls & Stadiums
12.10.6 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Parking Meter (Single Space)
13.6.2 Parking Kiosks (Multi Space)
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Government Institutions
13.10.2 Hospitals
13.10.3 Parks
13.10.4 Transit Systems
13.10.5 Malls & Stadiums
13.10.6 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Roll Forming Equipment Market: Competitive Dashboard
14.2 Global Roll Forming Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 FLOWBIRD
14.3.2 POM Inc.
14.3.3 Hectronic
14.3.4 Kinouwell Tech
14.3.5 IEM
14.3.6 METRIC Group Ltd
14.3.7 J.J. MacKay Canada Limited
14.3.8 IPS Group, Inc.
14.3.9 Shenzhen Horoad Electronic Technology
14.3.10 Ventek International
14.3.11 Parking BOXX
14.3.12 CivicSmart, Inc.
14.3.13 LocoMobi Inc
