Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Bending Press Machine Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 5.5% during the review period (2022 to 2027).
The bending press machine market is expected to reach USD 2.5 billion by 2027 from USD 1.9 billion in 2020, at a CAGR of 5.5%. Bending press machines are simple to operate because they load and unload workpieces that need to be bent. Automatic loading and unloading is advantageous and extremely useful when the workpiece is massive and has a complex shape. The workpiece in a semibending press machine must be manually fed, making these machines inconvenient. As a result of its ease of use and high precision, the market for bending press machines is expected to continue to outnumber that of semibending press machines. Because of their high accuracy, ease of use, and low power consumption, electric bending machines are preferred over hydraulic, pneumatic, and induction-based bending machines. Electric bending machines are frequently employed in the automotive, aerospace, construction, and shipbuilding industries.
The Bending Press Machine Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end-users. The three dependencies for the status of major companies in the market are company profile, profitable gross margin, the prices they charge. These are the main players in this market includes AMADA, Anyang Forging Press Machinery Industry, Bystronic, Schuler, TRUMPF, Accurl, Ajax CECO, Baileigh Industrial, ERMAKSAN, Gasparini, HACO, Hindustan Hydraulics, Imac Italia, Komatsu, Lazer Safe Pty Ltd, LVD Company, MetalForming, Salvagnini America, Santec Group, Betenbender Manufacturing, Cincinnati, Eagle Bending Machines, Technologies, ERIE Press Systems, and Others.
Industry News:
Prima Power and Gasparini join forces
Gasparini provides Prima Power with its know-how and experience in hydraulic press brakes. The Istrana-based company will produce press brakes for one of the leading manufacturers of sheet metal working machines.
Prima Power, leader in the production of 2D/3D laser cutting systems and panel benders, has plants in Italy, Finland, USA and China and a commercial and technical network in 80 countries. The Piedmontese multinational has found in Gasparini the ideal partner for the supply of medium and large format press brakes. The experience gained and the reliability of the products were for Prima Power the decisive factor in the agreement.
Gasparini partners with TCI Cutting
Today this plan comes true, delivering the first press brake to the Spanish partner TCI Cutting, a manufacturer of laser and waterjet cutting machines. TCI avails itself of the support of our distributor Blecken in the metalforming field. These two companies have found in Gasparini the quality, reliability and innovation necessary to offer a more complete range of products. We have found a new way to be always close, even to the most distant customers.
By Type, it is segmented into
By Applications, it is segmented into
APAC to be the largest market for automatic bending machines by 2027
APAC is led by developed countries like Japan as well as developing countries like India and China. APAC is a promising market for automatic bending machines due to factors such as the expansion of small and medium-sized businesses and the region's growing economies. APAC's economic infrastructure is improving, which will have a direct impact on the market for automatic bending machines. The automatic bending machine market in APAC is driven by the presence of all major companies, strong industrial demand, and a strong supply side.
The Bending Press Machine Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Bending Press Machine Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes | Report Details |
Report Title | Bending Press Machine Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: AMADA, Anyang Forging Press Machinery Industry, Bystronic, Schuler, TRUMPF, Accurl, Ajax CECO, Baileigh Industrial |
Forecast Period 2022 to 2028 CAGR | CAGR of 5.5% over the forecast period (2022-2027) |
By Type |
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By Application |
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By Companies | AMADA, Anyang Forging Press Machinery Industry, Bystronic, Schuler, TRUMPF, Accurl, Ajax CECO, Baileigh Industrial, ERMAKSAN, Gasparini, HACO, Hindustan Hydraulics, Imac Italia, Komatsu, Lazer Safe Pty Ltd, LVD Company, MetalForming, Salvagnini America, Santec Group, Betenbender Manufacturing, Cincinnati, Eagle Bending Machines, Technologies, ERIE Press Systems, and Others. |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 133 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Bending Press Machine Market is studied from 2017 - 2027.
What is the growth rate of Bending Press Machine Market?
The Bending Press Machine Market is growing at a CAGR of 5.5% over the next 5 years.
Who are the key players in Bending Press Machine Market?
AMADA, Anyang Forging Press Machinery Industry, Bystronic, Schuler, TRUMPF, Accurl, Ajax CECO, Baileigh Industrial, ERMAKSAN, Gasparini, HACO, Hindustan Hydraulics, Imac Italia, Komatsu, Lazer Safe Pty Ltd, LVD Company, MetalForming, Salvagnini America, Santec Group, Betenbender Manufacturing, Cincinnati, Eagle Bending Machines, Technologies, ERIE Press Systems, and Others.
What regions does this Bending Press Machine Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Bending Press machines Market?
Hydraulic Press Machine, Pneumatic Press Machine, Electric Press Machine
What are the major end-use applications of the Bending Press Machine Market?
Automobile Industry, Space, Equipment Manufacturing Industry, Other
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SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
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REPORT WRITING/ PRESENTATION
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