Press release
Automated Bending Machine Market Evolution: Impact of Industry 4.0 and Robotics
Automated Bending Machine Market
The global automated bending machine market is projected to experience substantial growth, with market size expected to reach nearly USD 3.08 billion by 2030, up from USD 2.26 billion in 2023, reflecting a Compound Annual Growth Rate (CAGR) of 4.5% during the forecast period.
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Competitive Landscape and Regional Demand
The market is characterized by significant competition, with key players such as Amada Holdings Co., Ltd., Bystronic Laser AG, TRUMPF GmbH + Co. KG, Salvagnini Italia S.p.A., and Prima Industrie S.p.A. leading the industry. These companies are focusing on technological advancements and strategic partnerships to strengthen their market positions.
United States: Growth Opportunities and Trends
In the United States, the automated bending machine market is witnessing notable growth, driven by the advanced manufacturing sector, particularly in the automotive, aerospace, and metalworking industries. The focus on technological innovation and early adoption of Industry 4.0 solutions further bolster market expansion. The United States holds a significant share of the North American market, which accounted for approximately 30% in 2024.
Asia-Pacific: Growth and Consolidation
The Asia-Pacific region is expected to experience the highest growth rate in the automated bending machine market, with an estimated market share of 25% in 2024. Countries such as China, Japan, and India are major contributors, driven by rapid industrialization and increased demand for automation solutions across industries like automotive, metal fabrication, and construction. China, in particular, is a key driver of market growth due to its large-scale manufacturing capabilities and focus on automation to enhance production efficiency.
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Middle East and Africa: Trends and Consolidation
The Middle East and Africa region is witnessing gradual adoption of automated bending machines as manufacturing industries continue to modernize. Emerging economies in this region are increasingly investing in automation to meet growing production demands and improve competitiveness. The expanding industrial base in countries like the United Arab Emirates and South Africa is expected to drive growth in the coming years.
Europe: Growth Opportunities and Trends
Europe holds an estimated market share of 28% in 2024, driven by robust automotive and aerospace industries that require high-precision components. Countries such as Germany and Italy have well-established manufacturing sectors and are leaders in the adoption of automation technologies. Europe's commitment to sustainability and reducing energy consumption in manufacturing processes also drives the adoption of energy-efficient automated bending solutions.
Recent Developments and Mergers & Acquisitions
Amada Holdings Co., Ltd. has been focusing on expanding its product portfolio through strategic acquisitions and partnerships, aiming to enhance its technological capabilities in automated bending solutions.
Bystronic Laser AG recently introduced a new series of automated bending machines equipped with advanced software solutions, targeting increased efficiency and precision in metal fabrication processes.
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Market Segmentation: In-Depth Analysis:
by Type
Automatic
Semiautomatic
Based on type, the market for automated bending machines is divided into two segments: semiautomatic and automatic. Automatic type bending machines are anticipated to contribute significantly to the market for automated bending machines over the course of the projected period. Automatic type bending machines are easy to operate since they load and unload workpieces that need to be bent. Large and intricately shaped workpieces benefit greatly from automatic loading and unloading. Semiautomatic type bending machines are laborious since the workpiece needs to be manually fed into them.
by Technology
Electric
Hydraulic
Pneumatic
Induction Based
The market for automated bending machines is divided into four segments: induction, pneumatic, hydraulic, and electric. based on the technological foundation. Electric bending machines are anticipated to hold the largest market share for automated bending machines over the forecast period. For bending tubes, pipes, metal sheets, and bars, electric bending machines are preferred over hydraulic, pneumatic, and induction-based bending machines because of their superior accuracy, user-friendliness, and low power consumption. Electric bending machines are used in the automotive, aerospace, construction, and shipbuilding industries. In the aerospace industry, precision is essential when bending large workpieces.
by Application
Tube/Pipe
Metal Sheet
Bar
Based on application, the market for automated bending machines is divided into three segments: tube/pipe, metal sheet, and bar. The application of tube/pipe bending is anticipated to grow at the quickest rate over the projection period. A vast system of pipes and tubes is used by the construction, automotive, shipbuilding, and aerospace sectors. These pipelines or tubes are used to channel or convey gases, liquids, or solids. Depending on their intended function, pipes or tubes must be bent in different ways and exist in a range of sizes. Accurate tube/pipe bending is required for a few aeronautical applications.
by Industry
Automotive
Shipbuilding
Aerospace
Construction & Mining
Others
Based on industry, the market for automated bending machines is divided into the following segments: automotive, shipbuilding, aerospace, construction & mining, and others. The largest percentage of automated bending machines is anticipated to be found in the automobile sector in 2023.
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Learn about the top players driving innovation in the Market :
1. Euromac (Italy)
2. Pines Engineering & H&H Tooling (US)
3. SOCO Machinery (Taiwan)
4. TRUMPF GmbH + Co. KG (Germany)
5. AMADA HOLDINGS Co., Ltd. (Japan)
6. HACO BV (Belgium)
7. Bystronic Laser AG (Germany)
8. Prima Industrie S.p.A. (Italy)
9. DANOBAT GROUP (Spain)
10. WAFIOS AG (Germany)
11. BLM Group (Italy)
12. transfluid® Maschinenbau GmbH (Germany)
13. AMOB (Portugal)
14. Jaypee Group (India)
15. Gensco Equipment (US)
16. Eurobend (Germany)
17. MEP Group (Italy)
18. Progress Maschinen & Automation (Italy)
19. Henan Sinch Machinery (China)
20. TJK Machinery (China)
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