Market Overview:
The global tube expanding machine 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 automobiles and transportation, and rising industrial electronics sector. Tube expanding machines are used in various applications such as automobile industry, information and communication, industrial electronics, transportation, and others. The North American region is expected to dominate the global tube expanding machine market during the forecast period owing to high demand for automobiles and transportation in this region.
Product Definition:
A tube expanding machine is a device used to increase the diameter of a metal tube. This is done by first heating the metal tube until it is soft, and then inserting it into the expanding machine. The machine will then apply an increasing amount of pressure to the outside of the tube, which will cause it to expand in diameter.
Manual:
The global manual, it's usage and growth factor in the tube expanding machine market size was valued at USD 1.6 billion in 2015. The increasing demand for customized solutions is expected to drive the industry over the forecast period. In addition, growing awareness regarding benefits offered by these systems is likely to propel demand over the next seven years.
Semi-automatic:
Semi-automatic is a type of machine which can expand and contract in response to changes in temperature. It is used for producing tubes or pipes of desired sizes and shapes. Semi-automatic machines are also known as automatic shrinking machines, they are widely used for manufacturing rubber products such as hoses, belts & tubes among others.
The semi-automatic tube expanding machine has two major operating modes - fixed temperature mode and controlled environment mode (manual control).
Application Insights:
Automotive application segment is expected to emerge as the fastest-growing market for TTEM over the forecast period. Automotive industry requires tubes that are of precise size and dimensions, which can be achieved with the help of TTEM machines. Also, these machines have proved to be a great success in various automotive plants across China, Japan and Germany where it was initially introduced.
The industrial electronics segment held around 15% share of global revenue in 2017 owing to high demand from electronic component manufacturing industries such as microelectronics, telecommunication equipment and semiconductor etc., especially in China and Japan. These expanding machine play an important role in SMT (Surface Mount Technology) assembly line where small components are attached on a printed circuit board using solder paste which is used for assembling numerous electronic devices such as mobile phones cameras PDA's etc., The transportation industry includes both passenger cars & light commercial vehicles (LCVs).
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing foreign investments in the region. The growth can be attributed to various factors such as improving economic conditions, government initiatives, and infrastructure development. For instance, in September 2017, Panasonic Corporation invested USD X million for expanding its LED display business in India over the next four years through new investment and capacity expansion.
Europe is also estimated to witness significant growth over the coming years due rising demand from several major industries including automotive industry and construction equipment manufacturing sector on account of growing needs for efficient machinery used for carrying out heavy tasks efficiently at low cost per hour or day.
Growth Factors:
- Increasing demand for Tube Expanding Machine from automotive and aerospace industries due to the growing need for lightweight and durable components.
- Rising demand for Tube Expanding Machine in the construction industry as it helps in speeding up the construction process.
- Growing popularity of Tube Expanding Machine among small-scale businesses owing to its low cost and easy operability.
- Technological advancements that have led to the development of new and more efficient models of Tube Expanding Machines, thereby increasing their adoption rate across various industries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Tube Expanding Machine Market Research Report
By Type
Manual, Semi-automatic, Fully Automatic, Other
By Application
Automobile Industry, Information and Communication, Industrial Electronics, Transportation, Other
By Companies
Burr OAK Tool, CMS-Italy, Elliott, ESCO Tool, Finn-Power, HEUNGJIN T&D, Hubei Tri-Ring Metal-Forming Equipment Co., Ltd., OMS, PETRA Machines, Powertech Industrial, Smacitc, Thomas C Wilson, Tridan, ZJMECH Technology Co.
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
120
Number of Tables & Figures
84
Customization Available
Yes, the report can be customized as per your need.
Global Tube Expanding Machine Market Report Segments:
The global Tube Expanding Machine market is segmented on the basis of:
Types
Manual, Semi-automatic, Fully Automatic, Other
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
Automobile Industry, Information and Communication, Industrial Electronics, Transportation, 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:
- Burr OAK Tool
- CMS-Italy
- Elliott
- ESCO Tool
- Finn-Power
- HEUNGJIN T&D
- Hubei Tri-Ring Metal-Forming Equipment Co., Ltd.
- OMS
- PETRA Machines
- Powertech Industrial
- Smacitc
- Thomas C Wilson
- Tridan
- ZJMECH Technology Co.
Highlights of The Tube Expanding 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:
- Manual
- Semi-automatic
- Fully Automatic
- Other
- By Application:
- Automobile Industry
- Information and Communication
- Industrial Electronics
- Transportation
- 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 Tube Expanding 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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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?
Tube expanding machine is a type of hydraulic press that uses a piston to push and pull the tube, which in turn expands or contracts the metal. This process is used to create different shapes and sizes of metal parts.
Some of the major companies in the tube expanding machine market are Burr OAK Tool, CMS-Italy, Elliott, ESCO Tool, Finn-Power, HEUNGJIN T&D, Hubei Tri-Ring Metal-Forming Equipment Co., Ltd., OMS, PETRA Machines, Powertech Industrial, Smacitc, Thomas C Wilson, Tridan, ZJMECH Technology Co..
The tube expanding machine 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 Tube Expanding Machine 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 Tube Expanding Machine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Tube Expanding Machine 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 Tube Expanding Machine 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 Tube Expanding Machine Market Size & Forecast, 2020-2028
4.5.1 Tube Expanding Machine Market Size and Y-o-Y Growth
4.5.2 Tube Expanding Machine 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
5.2.2 Semi-automatic
5.2.3 Fully Automatic
5.2.4 Other
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 Automobile Industry
6.2.2 Information and Communication
6.2.3 Industrial Electronics
6.2.4 Transportation
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Tube Expanding Machine 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 Tube Expanding Machine 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
9.6.2 Semi-automatic
9.6.3 Fully Automatic
9.6.4 Other
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 Automobile Industry
9.10.2 Information and Communication
9.10.3 Industrial Electronics
9.10.4 Transportation
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
10.6.2 Semi-automatic
10.6.3 Fully Automatic
10.6.4 Other
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 Automobile Industry
10.10.2 Information and Communication
10.10.3 Industrial Electronics
10.10.4 Transportation
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
11.6.2 Semi-automatic
11.6.3 Fully Automatic
11.6.4 Other
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 Automobile Industry
11.10.2 Information and Communication
11.10.3 Industrial Electronics
11.10.4 Transportation
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
12.6.2 Semi-automatic
12.6.3 Fully Automatic
12.6.4 Other
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 Automobile Industry
12.10.2 Information and Communication
12.10.3 Industrial Electronics
12.10.4 Transportation
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
13.6.2 Semi-automatic
13.6.3 Fully Automatic
13.6.4 Other
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 Automobile Industry
13.10.2 Information and Communication
13.10.3 Industrial Electronics
13.10.4 Transportation
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 Tube Expanding Machine Market: Competitive Dashboard
14.2 Global Tube Expanding Machine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Burr OAK Tool
14.3.2 CMS-Italy
14.3.3 Elliott
14.3.4 ESCO Tool
14.3.5 Finn-Power
14.3.6 HEUNGJIN T&D
14.3.7 Hubei Tri-Ring Metal-Forming Equipment Co., Ltd.
14.3.8 OMS
14.3.9 PETRA Machines
14.3.10 Powertech Industrial
14.3.11 Smacitc
14.3.12 Thomas C Wilson
14.3.13 Tridan
14.3.14 ZJMECH Technology Co.
