Market Overview:
The global steel bending machines market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for steel bending machines from various end-use industries, such as machinery manufacturing, automobile industry, shipbuilding industry, military industry and others. Steel bending machines are used for various applications in these industries, such as fabricating metal parts and components, forming metal sheets into desired shapes and sizes and others.
Product Definition:
A steel bending machine is a piece of equipment used to bend steel. It consists of a large metal table with a v-shaped groove in the center and two hydraulic cylinders that are used to apply pressure to the metal. The machine is used to make curved or bent pieces of steel, such as rebar, pipes, and rails.
Manual Bending Machine:
Manual bending machine is used to bend steel in various shapes and sizes. It can be used for both thin-walled and thick-walled materials. The material is placed between two plates, which are then bent by hand or automatically via a screw mechanism.
The process of manual bending involves heating the metal until it expands, followed by cooling it down slowly so that the metal contracts again; this cycle is repeated over and over until the desired shape is obtained.
Hydraulic Steel Bending Machine:
The hydraulic steel bending machine is used to bend the metal sheets in a controlled manner. The sheet can be moved up and down, right and left, as well as forward and backward with great flexibility. This device has several advantages over other machines such as it’s ability to form complex shapes, high production rate at low cost per unit volume or weight (lower operating costs), higher productivity on large-scale projects (swing beam bent parts required), etc.
Application Insights:
The machinery manufacturing application segment led the global steel bending machines market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for construction and mining equipment across the globe. Furthermore, rapid industrialization in developing countries such as China, India, Brazil has boosted demand for heavy machinery which requires large scale production facilities thus driving industry expansion over the coming years.
Automobile manufacturers are increasingly using lightweight materials such as aluminum alloys in order to reduce vehicle weight thereby improving fuel efficiency and reducing vehicular emissions leading to an increase in automotive production globally which is expected to drive industry expansion over the coming years. In addition, growing urbanization along with rising disposable income levels has resulted in increased spending on vehicles thus fueling automotive sales worldwide further contributing towards market growth during this period of time.
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 several emerging economies, including China, India, and Japan. Increasing industrialization coupled with rapid urbanization has resulted in an increased demand for steel products across this region. In addition, rising per capita income levels are anticipated to fuel the demand for consumer goods such as automobiles and machinery which will further propel industry growth over the next eight years.
Europe accounted for a significant share of revenue in 2017 owing to high product adoption across major countries such as Germany and France on account of rising automation activities within these nations coupled with strong presence of steel manufacturers who are adopting these machines for production purposes at their respective plants. Moreover North America also contributed significantly towards industry growth owing to growing automotive production along with increasing use of these machines within various other industries including construction & infrastructure; electrical & electronics; oil & gas; etc.).
Growth Factors:
- Increasing demand for automobiles and transportation equipment
- Growing construction and infrastructure activities
- Rising demand from the manufacturing sector
- Rapid industrialization in developing countries
- Technological advancements
Scope Of The Report
Report Attributes
Report Details
Report Title
Steel Bending Machines Market Research Report
By Type
Manual Bending Machine, Hydraulic Steel Bending Machine, CNC Steel Bending Machine
By Application
Machinery Manufacturing, Automobile Industry, Shipbuilding Industry, Military Industry, Other
By Companies
TruBend, Amada, Okuma, MAG, Shenyang, Dalian, Bystronic, Clomea, Omcca, BLM Group, TruBend, Inductaflex, Daetwyler, EHRT, Schwarze Robitec, OMC, Boschert, Simasv, Sertom, Jier Machine Tool, TWOR
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
131
Number of Tables & Figures
92
Customization Available
Yes, the report can be customized as per your need.
Global Steel Bending Machines Market Report Segments:
The global Steel Bending Machines market is segmented on the basis of:
Types
Manual Bending Machine, Hydraulic Steel Bending Machine, CNC Steel 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
Machinery Manufacturing, Automobile Industry, Shipbuilding Industry, Military Industry, 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:
- TruBend
- Amada
- Okuma
- MAG
- Shenyang
- Dalian
- Bystronic
- Clomea
- Omcca
- BLM Group
- TruBend
- Inductaflex
- Daetwyler
- EHRT
- Schwarze Robitec
- OMC
- Boschert
- Simasv
- Sertom
- Jier Machine Tool
- TWOR
Highlights of The Steel Bending Machines 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:
- Manual Bending Machine
- Hydraulic Steel Bending Machine
- CNC Steel Bending Machine
- By Application:
- Machinery Manufacturing
- Automobile Industry
- Shipbuilding Industry
- Military Industry
- 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 Steel Bending Machines 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
- Market Entry Strategies
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- Consumer Insights
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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?
Steel bending machines are used to bend steel plates into various shapes. They can be used for a variety of purposes, such as manufacturing parts or products, and they are often used in the automotive and industrial industries.
Some of the major companies in the steel bending machines market are TruBend, Amada, Okuma, MAG, Shenyang, Dalian, Bystronic, Clomea, Omcca, BLM Group, TruBend, Inductaflex, Daetwyler, EHRT, Schwarze Robitec, OMC, Boschert, Simasv, Sertom, Jier Machine Tool, TWOR.
The steel bending machines 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 Steel Bending Machines 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 Steel Bending Machines Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Steel Bending Machines 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 Steel Bending Machines 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 Steel Bending Machines Market Size & Forecast, 2020-2028
4.5.1 Steel Bending Machines Market Size and Y-o-Y Growth
4.5.2 Steel Bending Machines 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 Manual Bending Machine
5.2.2 Hydraulic Steel Bending Machine
5.2.3 CNC Steel Bending Machine
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 Machinery Manufacturing
6.2.2 Automobile Industry
6.2.3 Shipbuilding Industry
6.2.4 Military Industry
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Steel Bending Machines 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 Steel Bending Machines 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 Manual Bending Machine
9.6.2 Hydraulic Steel Bending Machine
9.6.3 CNC Steel Bending Machine
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 Machinery Manufacturing
9.10.2 Automobile Industry
9.10.3 Shipbuilding Industry
9.10.4 Military Industry
9.10.5 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 Manual Bending Machine
10.6.2 Hydraulic Steel Bending Machine
10.6.3 CNC Steel Bending Machine
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 Machinery Manufacturing
10.10.2 Automobile Industry
10.10.3 Shipbuilding Industry
10.10.4 Military Industry
10.10.5 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 Manual Bending Machine
11.6.2 Hydraulic Steel Bending Machine
11.6.3 CNC Steel Bending Machine
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 Machinery Manufacturing
11.10.2 Automobile Industry
11.10.3 Shipbuilding Industry
11.10.4 Military Industry
11.10.5 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 Manual Bending Machine
12.6.2 Hydraulic Steel Bending Machine
12.6.3 CNC Steel Bending Machine
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 Machinery Manufacturing
12.10.2 Automobile Industry
12.10.3 Shipbuilding Industry
12.10.4 Military Industry
12.10.5 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 Manual Bending Machine
13.6.2 Hydraulic Steel Bending Machine
13.6.3 CNC Steel Bending Machine
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 Machinery Manufacturing
13.10.2 Automobile Industry
13.10.3 Shipbuilding Industry
13.10.4 Military Industry
13.10.5 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 Steel Bending Machines Market: Competitive Dashboard
14.2 Global Steel Bending Machines Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 TruBend
14.3.2 Amada
14.3.3 Okuma
14.3.4 MAG
14.3.5 Shenyang
14.3.6 Dalian
14.3.7 Bystronic
14.3.8 Clomea
14.3.9 Omcca
14.3.10 BLM Group
14.3.11 TruBend
14.3.12 Inductaflex
14.3.13 Daetwyler
14.3.14 EHRT
14.3.15 Schwarze Robitec
14.3.16 OMC
14.3.17 Boschert
14.3.18 Simasv
14.3.19 Sertom
14.3.20 Jier Machine Tool
14.3.21 TWOR
