Pipe and Tube Bending Machine Market Expected to Witness Significant Growth in the Forecast Years 2017 - 2025

The report "Pipe and Tube Bending Machine Market Expected to Witness Significant Growth in the Forecast Years 2017 - 2025 ", has been prepared based on an in-depth market analysis with inputs from industry experts.

The main objective of this report is to aid the user in understanding the market “Pipe and Tube Bending Machine” as a whole, its definitions, segmentation, market potential, influential trends, and the barriers that it is facing. Meticulous research and analysis were an important part of the report preparation. Those reading the report will be able to get a detailed understanding about the market. Industry experts have verified and checked the data and information that have been taken from credible sources like websites, annual reports of companies, journals, and other resources. In order give the facts and data a pictorial form, diagrams, graphs, pie charts, and other representations have been used. That augments the visual appeal of the report and makes understanding it much easier.

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Global Pipe and Tube Bending Machine Market: Introduction

Growth in construction and automotive industry has led to higher adoption of machines, such as pipe and tube bending machines in the market. Pipe and tube bending machines are generally used to bend pipes and tubes to produce finished parts. This machine consists of a guidance wheel device, driving device, pre-pressing device, clamping head device, rocker arm, hydraulic system and intermediate frequency power supply. Among these, the rocker arm is the main part of the bending machine as its function is to bend the pipe into a required radius.

Pipe and tube bending machines are generally available in two types: CNC (Computer Numerically Controlled) bending machines and hydraulic bending machines. CNC bending machines are highly preferred by end-use industries owing to their various advantages, such as cost efficiency, accuracy and consistency.

Global Pipe and Tube Bending Machine Market: Dynamics

Drivers:

Increasing construction and automotive industries are expected to be major factors expected to drive the growth of the pipe and tube bending machine market in near future. Moreover, pipe and tube bending machines are highly cost effective as they do not require any welded fitting. This is expected to drive the growth of the pipe and tube bending machine market over the forecast period. Furthermore, CNC (Computer Numerically Controlled) bending machines produce a high level of accuracy, repeatability and consistency. Such improvements in technologies will also bring traction to the pipe and tube bending machine market in near future. That apart, increasing efficiency and advancements in technology in pipe and tube bending machines will encourage the end-user industries to purchase machines, which will further add to the growth of the market.

Restraints

Pipe and tube bending machines have few drawbacks. These machines demand high maintenance cost, which is anticipated to be a major factor hampering the growth of pipe and tube bending machine in near future. Moreover, pipe and tube bending machines require qualified technicians and labor to manage machines, which will further act as a restraining factor for the growth of pipe and tube bending machine market over the forecast period.

Global Pipe and Tube Bending Machine Market: Segmentation

The global pipe and tube bending machine market can be segmented on the basis of product and end-use industry.

By product type, the pipe and tube bending machine market can be segmented into:

CNC Bending Machine
Hydraulic Pipe Bender
Single Head Hydraulic Pipe Bender
Double Head Hydraulic Pipe Bender
By end-use industry, the pipe and tube bending machine market can be segmented into:

Power Construction
Public Railway Construction
Boilers
Bridge
Ships Furniture

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Global Pipe and Tube Bending Machine Market: Region-wise Outlook

Europe is anticipated to be closely followed by Asia Pacific throughout the forecast period. Both of these markets are expected to witness massive growth in the pipe and tube bending machine market due to the growth in construction sector in emerging economics, such as China and India. Owing to high demand for pipe and tube bending machines from various end-use industries in the region, North America is estimated to grow at a substantial CAGR during the forecast period. Latin America, in particular, is projected to support growth in the pipe and tube bending machine market due to growing shift in the preference of consumer towards automated products in the region. Japan and Middle East and Africa are expected to support the growth of tempered glass market over the forecast period owing to growing construction activity in countries, such as UAE, Saudi Arabia, etc.

Global Pipe and Tube Bending Machine Market: Key Participants

Some of the market participants identified across the value chain of the global pipe and tube bending machine market include:

Electropneumatics
Wonsten Group
CML USA, Inc.
Shuz Tung Machinery Industrial Co., Ltd.
Tube & Pipe Bending Machines Ltd.
Baileigh Industrial, Inc.
SOCO Machinery Co., Ltd.
Promau S.r.l.
Van Sant Enterprises, Inc.
AMOB
SweBend
PHI
Chiao Sheng Machinery Co., Ltd.
Thorson Industries
Sharpe Products
Chiyoda Kogyo Co., Ltd.
Pines Technology
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

Tailwinds and headwinds molding the market’s trajectory
Market segments based on products, technology, and applications
Prospects of each segment
Overall current and possible future size of the market
Growth pace of the market
Competitive landscape and key players’ strategies
The main aim of the report is to:

Enable key stakeholder’s in the market bet right on it
Understand the opportunities and pitfalls awaiting them
Assess the overall growth scope in the near term
Strategize effectively with respect to production and distribution
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