Metal Folding Machine Market 2030 By Product, Type, Global Opportunity Analysis and Industry Forecast, 2023-2032

Metal folding machines are industrial machines used for bending and folding sheet metal into various shapes and sizes. They can be used to create a wide range of products such as bins, containers, boxes, and other parts. The use of these machines has been increasing in recent years due to their versatility, precision, and cost-effectiveness.

Download Free Sample PDF Now With Updated & Valuable Insights (100+ Pages) - https://www.alliedmarketresearch.com/request-toc-and-sample/8075

The global metal folding machines market is estimated to reach USD 12.3 billion by 2027 and is expected to grow at a CAGR of 5.1% during the forecast period of 2020 to 2027. The growing demand for metal folding machines in the automotive, construction, and electrical & electronic industries is driving the growth of the market. The increasing adoption of automated solutions in these industries is further driving the market growth.

The market is segmented into type, end-users, and region. Based on type, the market is segmented into manual, semi-automatic, and automatic. The manual type of metal folding machines are expected to hold the largest market share during the forecast period due to their low cost, easy operation, and high accuracy. The semi-automatic segment is anticipated to witness the fastest growth rate during the forecast period owing to their ability to perform various tasks in a single cycle.

The end-user segmentation includes automotive, construction, and electrical & electronic industries. The automotive industry is expected to dominate the market during the forecast period due to the increasing demand for automotive parts and components. The construction industry is also expected to witness considerable growth during the forecast period due to the increasing demand for metal parts and components for the construction of buildings.

Regionally, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to hold the largest market share during the forecast period due to the presence of well-established manufacturers in the region. The Asia Pacific region is projected to witness the highest growth rate during the forecast period due to the presence of a large number of manufacturing companies in the region.

The key players in the global metal folding machines market are Boschert GmbH, Bystronic Laser AG, Durma, Faccin S.p.A., Finn-Power, Geka, Jorns AG, LVD Group, Prima Power, and Salvagnini S.p.A. These companies are focusing on product launches, mergers & acquisitions, and partnerships & collaborations to enhance their market presence. For instance, in February 2020, Salvagnini S.p.A. launched their new automated folding machine, the S4 F-L. This machine has the capability to fold thin sheets of metal in different sizes and shapes.

Download Free Sample PDF Now With Updated & Valuable Insights (100+ Pages) - https://www.alliedmarketresearch.com/request-toc-and-sample/8075

In conclusion, the increasing demand for metal folding machines in the automotive, construction, and electrical & electronic industries is driving the growth of the metal folding machines market. The rising adoption of automated solutions in these industries is further driving the market growth. The presence of key players in the market is expected to provide ample opportunities for the growth of the market in the coming years.

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

This release was published on openPR.