Automatic Bending Machine Market by Type (Automatic and Semiautomatic), Technology (Electric, Hydraulic, Pneumatic, and Induction Based), Application (Tube/Pipe, Metal Sheet, Bar), Industry, and Region - Global Forecast to 2024
[150 Pages Report] The automatic bending machine market is expected to reach USD 2.4 billion by 2024 from USD 1.9 billion in 2019, at a CAGR of 4.5%. The growth of this market is accelerated by the high accuracy and additional safety offered by advanced programmable bending machines.
The automatic type bending machines are expected to be significant contributors to automatic bending machine market during forecast period
The automatic type bending machines are easy to use as they load and unload workpieces that need to be bent. The automatic loading and unloading is beneficial and is of great help when the workpiece is massive and has a complex shape. In semiautomatic type bending machines, the workpiece is to be manually fed, which makes these machines inconvenient. Hence, because of the user-friendliness and high precision, the market for automatic type bending machines is expected to continue to account for a larger market share than that of the semiautomatic type bending machines.
Electric bending machines to capture largest share of automatic bending machine market during forecast period
Electric bending machines are preferred over hydraulic, pneumatic, and induction-based bending machines because of their high accuracy, ease of use, low power consumption. Electric bending machines are often used in the automotive, aerospace, construction, and shipbuilding industries. In the aerospace industry, precision is required where heavy workpieces need to be bent. Electric bending machines not only offer precision but also are more power-efficient than bending machines based on other technologies.
Tube/pipe bending application to witness highest growth rate during forecast period
A large network of tubes and pipes are part of the aerospace, shipbuilding, automotive, and construction industries. These tubes or pipes are used to transport or channelize gas, liquid, or solid substances. Tubes or pipes come in various sizes and need to be bent at different positions, depending on the requirement. A few of the applications in the aerospace industry require precise bending of tubes/pipes. More often, roll benders are used to bend the tubes or pipes. Automatic tube/pipe benders have automatic pipe loading and unloading mechanism.
Automotive industry to hold largest share of automatic bending machines in 2019
Earlier till the 1980s, most automotive companies used to rely on manual bending processes for different applications, including bending brake lines and fuel lines. Automatic bending machines were introduced in 1985. The automatic bending machine reduces the cycle time to a great extent, and if the application is symmetric, the automatic bending machine further decreases the production cycle time. With the modern concept of autonomous cars, the automotive industry has seen a significant growth rate. The automotive industry is introduced to newer technological trends such as electric and hybrid vehicles, in-vehicle management systems, autonomous cars, and passenger safety systems. This has led to the growing automatic bending machine market for the automotive industry in 2018.
APAC to be largest market for automatic bending machines by 2024
APAC is led by developed countries, such as Japan, and developing countries, such as India and China. APAC is a promising market for automatic bending machines owing to factors such as the growth of small and mid-level enterprises, along with the growing economies in the region. The economic infrastructure of APAC is on the rise, which will directly have an impact on the market of automatic bending machines. The presence of all major companies, strong industrial demand, and strong supply side drive the automatic bending machine market in APAC.
Key Market Players
Major players operating in the automatic bending machine market are TRUMPF GmbH + Co. KG (Germany), AMADA HOLDINGS Co., Ltd. (Japan), HACO BV (Belgium), Bystronic Laser AG (Germany), Prima Industrie S.p.A. (Italy), DANOBAT GROUP (Spain), WAFIOS AG (Germany), BLM Group (Italy), transfluidฎ Maschinenbau GmbH (Germany), and AMOB (Portugal) among others.
TRUMPF (Germany) is one of the leading companies in the automatic bending machine market. Most of the revenue is generated from the Machine Tools business segment. The Machine Tools business segment offers machine tools for flexible metal sheets and tube processing. The product portfolio of the Machine Tools business segment consists of machines for bending, punching, and combined punch and laser processing. The automated bending machine is a part of the Machine Tools business segment. The company has a very strong presence in Germany, and a major part of the production is exported. It also has a strong presence in Europe with sales and production plants in the Americas and APAC.
Amada (Japan) is one of the major Asian automatic bending machine manufacturing companies. The company has a vast range of hydraulic technology-based products in the automated bending machine market. The capacity of the companys products ranges from 174.5 kN to 6,000 kN. The company has strong presence in Japan, as well as in Asia. The company is also present in Europe, North America, and APAC.
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Scope of the Report
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|
Report Metric |
Details |
|
Market size available for years |
20152024 |
|
Base year |
2018 |
|
Forecast period |
2019-2024 |
|
Market size units |
Value (USD) |
|
Segments covered |
Type, Technology, Application, Industry, and Region |
|
Geographies covered |
North America, APAC, Europe, and RoW |
|
Companies covered |
TRUMPF GmbH + Co. KG (Germany), AMADA HOLDINGS Co., Ltd. (Japan), HACO BV (Belgium), Bystronic Laser AG (Germany), Prima Industrie S.p.A. (Italy), DANOBAT GROUP (Spain), WAFIOS AG (Germany), BLM Group (Italy), transfluidฎ Maschinenbau GmbH (Germany), and AMOB (Portugal) |
In this report, the overall automatic bending machine market has been segmented based on type, technology, application, industry, and geography.
Automatic Bending Machine Market, by Type:
- Automatic
- Semiautomatic
Automatic Bending Machine Market, by Technology:
- Electric
- Hydraulic
- Pneumatic
- Induction
Automatic Bending Machine Market, by Application:
- Tube/Pipe
- Metal Sheet
- Bar
Automatic Bending Machine market, by Industry:
- Automotive
- Shipbuilding
- Aerospace
- Construction & Mining
- Others (Heavy Machine Engineering and Machine Manufacturing)
Automatic Bending Machine Market, by Region:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Rest of Europe
- Asia Pacific (APAC)
- China
- Japan
- India
- Rest of APAC
- Rest of the World (RoW)
- South America
- Middle East & Africa
Key Questions Addressed by the Report:
- Which bending machines are likely to have the highest demand in the near future?
- What are the opportunities and challenges for the players in the automatic bending machine market?
- Which region will have the highest demand for automatic bending machines?
- Which company is leading in the automatic bending machine market at present?
- Which industry adopts automatic bending machines at the highest rate?
Frequently Asked Questions (FAQ):
What is the total CAGR expected to be recorded for automatic bending machine market during 2019-2024?
The automatic bending machine market is expected to record the CAGR of 4.5% during 20192024.
What are the driving factors for automatic bending machinemarket?
Availability of safe programmable bending machines wih high precision drives the market
Which type accounted for the largest share of market in 2019?
Automatic type accounted for the majority of the global automatic bending machine market share in 2019.
Which are the significant players operating in automatic bending market?
Trumpf, Amada, Haco, Bystronic, Prima Industrie, Danobat group, and Wafios are some of the major companies operating in the automatic bending machine market.
How is the automatic bending machine market segmented?
The automatic bending market has been segmented based on type, technology, application, industry, and region.
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
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Table of Contents
1 Introduction (Page No. - 18)
1.1 Study Objectives
1.2 Market Definition & Scope
1.3 Inclusion/Exclusion
1.4 Study Scope
1.4.1 Markets Covered
1.4.2 Geographic Scope
1.4.3 Years Considered
1.5 Currency
1.6 Limitations
1.7 Stakeholders
2 Research Methodology (Page No. - 22)
2.1 Introduction
2.1.1 Secondary and Primary Research
2.1.1.1 Key Industry Insights
2.1.2 Secondary Data
2.1.2.1 List of Major Secondary Sources
2.1.2.2 Key Data From Secondary Sources
2.1.3 Primary Data
2.1.3.1 Breakdown of Primaries
2.1.3.2 Key Data From Primary Sources
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.1.1 Approach for Arriving at Market Size Using Bottom-Up Analysis
2.2.2 Top-Down Approach
2.2.2.1 Approach for Arriving at Market Size Using Bottom-Up Analysis
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions
3 Executive Summary (Page No. - 31)
4 Premium Insights (Page No. - 36)
4.1 Automatic Bending Machine Market
4.2 Market, By Type (20192024)
4.3 Market, By Application (2019 and 2024)
4.4 Market, By Technology (2019 and 2024)
4.5 Market, By Industry (2019 and 2024)
4.6 Market, By Region (20192024)
5 Market Overview (Page No. - 39)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Availability of Safe Programmable Bending Machines With High Precision
5.2.2 Restraints
5.2.2.1 High Maintenance Cost and Requirement of Qualified Operators and Maintenance Technicians
5.2.3 Opportunities
5.2.3.1 Integration of Robots With Bending Machines
5.2.4 Challenges
5.2.4.1 Deformation of Metallic Parts Owing to Variations in Speed and Pressure
6 Market, By Type (Page No. - 42)
6.1 Introduction
6.2 Automatic
6.2.1 Automatic Bending Machines Expect to Dominate Market During Forecast Period
6.3 Semiautomatic
6.3.1 Automotive Industry to Witness Highest Demand for Hydraulic Semiautomatic Bending Machines
7 Market, By Technology (Page No. - 50)
7.1 Introduction
7.2 Electric
7.2.1 Electric Automatic Bending Machines Consume Lowest Energy Than That of Other Technologies
7.3 Hydraulic
7.3.1 Automotive Industry to Witness Highest Demand for Hydraulic Automatic Bending Machines
7.4 Pneumatic
7.4.1 Automatic Type Pneumatic Bending Machines to Continue to Hold Larger Market Share Than That of Semiautomatic Type Pneumatic Bending Machines
7.5 Induction Based
7.5.1 Shipbuilding Industry to Exhibit Highest Demand for Induction Technology-Based Automatic Bending Machines
8 Market, By Application (Page No. - 64)
8.1 Introduction
8.2 Tube/Pipe
8.2.1 Tube/Pipe Bending Application to Dominate Automatic Bending Market During Forecast Period
8.3 Metal Sheet
8.3.1 Metal Sheet Bending Application to Lead Market for Automotive Industry During Forecast Period
8.4 Bar
8.4.1 Use of Reinforcement Bar Bending Machines for Making Safer and Stronger Structures in Consturction Industry
9 Market, By Industry (Page No. - 71)
9.1 Introduction
9.2 Automotive
9.2.1 Automotive Industry to Witness Highest CAGR in Market During Forecast Period
9.3 Shipbuilding
9.3.1 Shipbuilding Industry to Account for Largest Market Share in APAC During Forecast Period
9.4 Aerospace & Defense
9.4.1 Electric Bending Machines are Most Preferred in Aerospace & Defense Industry
9.5 Construction and Mining
9.5.1 Construction and Mining Industry to Witness Highest Growth Rate in Market in APAC
9.6 Others
10 Geographic Analysis (Page No. - 88)
10.1 Introduction
10.2 North America
10.2.1 US
10.2.1.1 US to Continue to Account for Largest Share of North American Market for Automatic Bending Machines
10.2.2 Canada
10.2.2.1 Canada to Continue to Account for Second-Largest Share of North American Automatic Bending Machines in Coming Years
10.2.3 Mexico
10.2.3.1 Mexico to Witness Highest CAGR in North American Market for Automatic Bending Machines
10.3 Europe
10.3.1 UK
10.3.1.1 UK to Witness Largest Size of Electric Bending Machine Market During Forecast Period
10.3.2 France
10.3.2.1 Aerospace & Defense Industry to Witness Highest CAGR in Market in France
10.3.3 Germany
10.3.3.1 Innovative Automotive Industry in Germany to Drive Demand for Automatic Bending Machines
10.3.4 Rest of Europe
10.4 Asia Pacific (APAC)
10.4.1 China
10.4.1.1 China to Account for Largest Size of Market in APAC
10.4.2 Japan
10.4.2.1 Strong Automotive Industry to Drive Japanese Market for Automatic Bending Machines
10.4.3 India
10.4.3.1 India is Expected to Witness Highest CAGR in Market
10.4.4 Rest of APAC
10.5 Rest of The World (RoW)
10.5.1 Middle East and Africa
10.5.2 South America
11 Competitive Landscape (Page No. - 114)
11.1 Overview
11.2 Ranking Analysis of Market Players
11.3 Competitive Leadership Mapping
11.3.1 Visionary Leaders
11.3.2 Innovators
11.3.3 Dynamic Differentiators
11.3.4 Emerging Companies
11.4 Competitive Scenario
11.4.1 Product Launches
11.4.2 Expansions
11.4.3 Agreements
12 Company Profiles (Page No. - 119)
12.1 Key Players
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)*
12.1.1 Trumpf
12.1.2 Amada
12.1.3 Haco
12.1.4 Bystronic
12.1.5 Prima Industrie
12.1.6 Danobatgroup
12.1.7 Wafios
12.1.8 BLM
12.1.9 Transfluid
12.1.10 Amob
* Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View Might Not Be Captured in Case of Unlisted Companies.
12.1.11 Right to Win
12.2 Other Key Players
12.2.1 Shuz Tung Machinery Industrial
12.2.2 Euromac
12.2.3 Soco Machinery
12.2.4 Universal Tool & Engineering
12.2.5 Kersten
12.2.6 Knuth Machine Tools
12.2.7 Dural Machinery
12.2.8 Unison
12.2.9 Horn Machine Tools
12.2.10 Winton Machine Company
13 Appendix (Page No. - 143)
13.1 Insights of Industry Experts
13.2 Discussion Guide
13.3 Knowledge Store: Marketsandmarkets Subscription Portal
13.4 Available Customizations
13.5 Related Reports
13.6 Author Details
List of Tables (167 Tables)
Table 1 Automatic Bending Machine Market in South America, By Industry, 20152024 (USD Million)
Table 2 Market for Automatic Type, By Technology, 20152024 (USD Million)
Table 3 Market for Automatic Type, By Industry, 20152024 (USD Million)
Table 4 Market for Automatic Type, By Application, 20152024 (USD Million)
Table 5 Market for Automatic Type, By Region, 20152024 (USD Million)
Table 6 Market for Automatic Type in North America, By Country, 20152024 (USD Million)
Table 7 Market for Automatic Type in Europe, By Country, 20152024 (USD Million)
Table 8 Market for Automatic Type in APAC, By Country, 20152024 (USD Million)
Table 9 Market for Automatic Type in RoW, By Region, 20152024 (USD Million)
Table 10 Market for Semiautomatic Type, By Technology, 20152024 (USD Thousand)
Table 11 Market for Semiautomatic Type, By Industry, 20152024 (USD Million)
Table 12 Market for Semiautomatic Type, By Application, 20152024 (USD Million)
Table 13 Market for Semiautomatic Type, By Region, 20152024 (USD Million)
Table 14 Market for Semiautomatic Type in North America, By Country, 20152024 (USD Million)
Table 15 Market for Semiautomatic Type in Europe, By Country, 20152024 (USD Million)
Table 16 Market for Semiautomatic Type in APAC, By Country, 20152024 (USD Million)
Table 17 Market for Semiautomatic Type in RoW, By Region, 20152024 (USD Million)
Table 18 Market, By Technology, 20152024 (USD Million)
Table 19 Electric Automatic Bending Machine Market, By Type, 20152024 (USD Million)
Table 20 Electric Market, By Industry, 20152024 (USD Million)
Table 21 Electric Market, By Application, 20152024 (USD Million)
Table 22 Electric Market, By Region, 20152024 (USD Million)
Table 23 Electric Market in North America, By Country, 20152024 (USD Million)
Table 24 Electric Market, By Country, 20152024 (USD Million)
Table 25 Electric Market in APAC, By Country, 20152024 (USD Million)
Table 26 Electric Market in RoW, By Region, 20152024 (USD Million)
Table 27 Hydraulic Bending Machine Market, By Type, 20152024 (USD Million)
Table 28 Hydraulic Market, By Industry, 20152024 (USD Million)
Table 29 Hydraulic Market, By Application, 20152024 (USD Million)
Table 30 Hydraulic Market, By Region, 20152024 (USD Million)
Table 31 Hydraulic Market in North America, By Country, 20152024 (USD Million)
Table 32 Hydraulic Bending Machine Market in Europe, By Country, 20152024 (USD Million)
Table 33 Hydraulic Bending Machine Market in APAC, By Country, 20152024 (USD Million)
Table 34 Hydraulic Bending Machine Market in RoW, By Region, 20152024 (USD Million)
Table 35 Pnuematic Bending Machine Market, By Type, 20152024 (USD Million)
Table 36 Pneumatic Market, By Industry, 20152024 (USD Million)
Table 37 Pneumatic Market, By Application, 20152024 (USD Million)
Table 38 Pneumatic Market, By Region, 20152024 (USD Million)
Table 39 Pneumatic Bending Machine Market in North America, By Country, 20152024 (USD Million)
Table 40 Pneumatic Bending Machine Market in Europe, By Country, 20152024 (USD Million)
Table 41 Pneumatic Bending Machine Market in APAC, By Country, 20152024 (USD Million)
Table 42 Pneumatic Bending Machine Market in RoW, By Region, 20152024 (USD Million)
Table 43 Induction-Based Bending Machine Market, By Type, 20152024 (USD Million)
Table 44 Induction-Based Market, By Industry, 20152024 (USD Million)
Table 45 Induction-Based Market, By Application, 20152024 (USD Million)
Table 46 Induction-Based Market, By Region, 20152024 (USD Million)
Table 47 Induction-Based Bending Machine Market in North America, By Country, 20152024 (USD Million)
Table 48 Induction-Based Bending Machine Market in Europe, By Country, 20152024 (USD Million)
Table 49 Induction-Based Bending Machine Market in APAC, By Country, 20152024 (USD Million)
Table 50 Induction-Based Bending Machine Market in RoW, By Region, 20152024 (USD Million)
Table 51 Market, By Application, 20152024 (USD Million)
Table 52 Market for Tube/Pipe Application, By Industry, 20152024 (USD Million)
Table 53 Market for Tube/Pipe Application, By Type, 20152024 (USD Million)
Table 54 Market for Tube/Pipe Application, By Technology, 20152024 (USD Million)
Table 55 Market for Tube/Pipe Application, By Region, 20152024 (USD Million)
Table 56 Market for Metal Sheet Application, By Industry, 20152024 (USD Million)
Table 57 Market for Metal Sheet Application, By Type, 20152024 (USD Million)
Table 58 Market for Metal Sheet Application, By Technology, 20152024 (USD Million)
Table 59 Market for Metal Sheet Application, By Region, 20152024 (USD Million)
Table 60 Market for Bar Application, By Industry, 20152024 (USD Million)
Table 61 Market for Bar Application, By Type, 20152024 (USD Million)
Table 62 Market for Bar Application, By Technology, 20152024 (USD Million)
Table 63 Market for Bar Application, By Region, 20152024 (USD Million)
Table 64 Market, By Industry, 20152024 (USD Million)
Table 65 Market for Automotive Industry, By Type, 20152024 (USD Million)
Table 66 Market for Automotive Industry, By Application, 20152024 (USD Million)
Table 67 Market for Automotive Industry, By Technology, 20152024 (USD Million)
Table 68 Market for Automotive Industry, By Region, 20152024 (USD Million)
Table 69 Market in North America for Automotive Industry, By Country, 20152024 (USD Million)
Table 70 Market in Europe for Automotive Industry, By Country, 20152024 (USD Million)
Table 71 Market in APAC for Automotive Industry, By Country, 20152024 (USD Million)
Table 72 Market in RoW for Automotive Industry, By Region, 20152024 (USD Million)
Table 73 Market for Shipbuilding Industry, By Type, 20152024 (USD Million)
Table 74 Market for Shipbuilding Industry, By Application, 20152024 (USD Million)
Table 75 Market for Shipbuilding Industry, By Technology, 20152024 (USD Million)
Table 76 Market for Shipbuilding Industry, By Region, 20152024 (USD Million)
Table 77 Market in North America for Shipbuilding Industry, By Country, 20152024 (USD Million)
Table 78 Market in Europe for Shipbuilding Industry, By Country, 20152024 (USD Million)
Table 79 Market in APAC for Shipbuilding Industry, By Country, 20152024 (USD Million)
Table 80 Market in RoW for Shipbuilding Industry, By Country, 20152024 (USD Million)
Table 81 Market for Aerospace & Defense Industry, By Type, 20152024 (USD Million)
Table 82 Market for Aerospace & Defense Industry, By Application, 20152024 (USD Million)
Table 83 Market for Aerospace & Defense Industry, By Technology, 20152024 (USD Million)
Table 84 Market for Aerospace & Defense Industry, By Region, 20152024 (USD Million)
Table 85 Market in North America for Aerospace & Defense Industry, By Country, 20152024 (USD Million)
Table 86 Market in Europe for Aerospace & Defense Industry, By Country, 20152024 (USD Million)
Table 87 Market in APAC for Aerospace & Defense Industry, By Country, 20152024 (USD Million)
Table 88 Market in RoW for Aerospace & Defense Industry, By Region, 20152024 (USD Million)
Table 89 Market for Construction and Mining Industry, By Type, 20152024 (USD Million)
Table 90 Market for Construction and Mining Industry, By Application, 20152024 (USD Million)
Table 91 Market for Construction and Mining Industry, By Technology, 20152024 (USD Million)
Table 92 Market for Construction and Mining Industry, By Region, 20152024 (USD Million)
Table 93 Market in North America for Construction and Mining Industry, By Country, 20152024 (USD Million)
Table 94 Market in Europe for Construction and Mining Industry, By Country, 20152024 (USD Million)
Table 95 Market in APAC for Construction and Mining Industry, By Country, 20152024 (USD Million)
Table 96 Market in RoW for Construction and Mining Industry, By Region, 20152024 (USD Million)
Table 97 Market for Other Industries, By Type, 20152024 (USD Million)
Table 98 Market for Other Industries, By Application, 20152024 (USD Million)
Table 99 Market for Other Industries, By Technology, 20152024 (USD Million)
Table 100 Market for Other Industries, By Region, 20152024 (USD Million)
Table 101 Market in North America for Other Industries, By Country, 20152024 (USD Million)
Table 102 Market in Europe for Other Industries, By Country, 20152024 (USD Million)
Table 103 Market in APAC for Other Industries, By Country, 20152024 (USD Million)
Table 104 Market in RoW Other Industries, By Region, 20152024 (USD Million)
Table 105 Market, By Region, 20152024 (USD Million)
Table 106 Market in North America, By Type, 20152024 (USD Million)
Table 107 Market in North America, By Technology, 20152024 (USD Million)
Table 108 Market in North America, By Industry, 20152024 (USD Million)
Table 109 Market in North America, By Country, 20152024 (USD Million)
Table 110 Market in North America, By Application, 20152024 (USD Million)
Table 111 Market in US, By Type, 20152024 (USD Million)
Table 112 Market in US, By Technology, 20152024 (USD Million)
Table 113 Market in US, By Industry, 20152024 (USD Million)
Table 114 Market in Canada, By Type, 20152024 (USD Million)
Table 115 Market in Canada, By Technology, 20152024 (USD Million)
Table 116 Market in Canada, By Industry, 20152024 (USD Million)
Table 117 Market in Mexico, By Type, 20152024 (USD Million)
Table 118 Market in Mexico, By Technology, 20152024 (USD Million)
Table 119 Market in Mexico, By Industry, 20152024 (USD Million)
Table 120 Market in Europe, By Type, 20152024 (USD Million)
Table 121 Market in Europe, By Technology, 20152024 (USD Million)
Table 122 Market in Europe, By Industry, 20152024 (USD Million)
Table 123 Market in Europe, By Country, 20152024 (USD Million)
Table 124 Market in Europe, By Application, 20152024 (USD Million)
Table 125 Market in UK, By Type, 20152024 (USD Million)
Table 126 Market in UK, By Technology, 20152024 (USD Million)
Table 127 Market in UK, By Industry, 20152024 (USD Million)
Table 128 Market in France, By Type, 20152024 (USD Million)
Table 129 Market in France, By Technology, 20152024 (USD Million)
Table 130 Market in France, By Industry, 20152024 (USD Million)
Table 131 Market in Germany, By Type, 20152024 (USD Million)
Table 132 Market in Germany, By Technology, 20152024 (USD Million)
Table 133 Market in Germany, By Industry, 20152024 (USD Million)
Table 134 Market in Rest of Europe, By Type, 20152024 (USD Million)
Table 135 Market in Rest of Europe, By Technology, 20152024 (USD Million)
Table 136 Market in Rest of Europe, By Industry, 20152024 (USD Million)
Table 137 Market in APAC, By Type, 20152024 (USD Million)
Table 138 Market in APAC, By Technology, 20152024 (USD Million)
Table 139 Market in APAC, By Industry, 20152024 (USD Million)
Table 140 Market in APAC, By Country, 20152024 (USD Million)
Table 141 Market in APAC, By Application, 20152024 (USD Million)
Table 142 Market in China, By Type, 20152024 (USD Million)
Table 143 Market in China, By Technology, 20152024 (USD Million)
Table 144 Market in China, By Industry, 20152024 (USD Million)
Table 145 Market in Japan, By Type, 20152024 (USD Million)
Table 146 Market in Japan, By Technology, 20152024 (USD Million)
Table 147 Market in Japan, By Industry, 20152024 (USD Million)
Table 148 Market in India, By Type, 20152024 (USD Million)
Table 149 Market in India, By Technology, 20152024 (USD Million)
Table 150 Market in India, By Industry, 20152024 (USD Million)
Table 151 Market in Rest of APAC, By Type, 20152024 (USD Million)
Table 152 Market in Rest of APAC, By Technology, 20152024 (USD Million)
Table 153 Market in Rest of APAC, By Industry, 20152024 (USD Million)
Table 154 Market in RoW, By Type, 20152024 (USD Million)
Table 155 Market in RoW, By Technology, 20152024 (USD Million)
Table 156 Market in RoW, By Industry, 20152024 (USD Million)
Table 157 Market in RoW, By Region, 20152024 (USD Million)
Table 158 Market in RoW, By Application, 20152024 (USD Million)
Table 159 Market in Middle East and Africa, By Type, 20152024 (USD Million)
Table 160 Market in Middle East and Africa, By Technology, 20152024 (USD Million)
Table 161 Market in Middle East and Africa, By Industry, 20152024 (USD Million)
Table 162 Market in South America, By Type, 20152024 (USD Million)
Table 163 Market in South America, By Technology, 20152024 (USD Million)
Table 164 Market in South America, By Industry, 20152024 (USD Million)
Table 165 Product Launches, 20182019
Table 166 Expansions, 20182019
Table 167 Agreements, 2019
List of Figures (32 Figures)
Figure 1 Automatic Bending Machine Market Segmentation
Figure 2 Automated Bending Machine Market: Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Market Breakdown and Data Triangulation
Figure 6 Assumption for Research Study
Figure 7 Market Segmentation
Figure 8 Global Market, 2015 to 2024 (USD Million)
Figure 9 Market for Automatic Type Bending Machines to Grow at Higher CAGR During Forecast Period
Figure 10 Tube/Pipe Bending Application to Lead Market During Forecast Period
Figure 11 Electric Automatic Bending Machines Woud Capture Largest Market Share During Forecast Period
Figure 12 Automotive Industry to Account for Largest Share of Market From 2019 to 2024
Figure 13 APAC to Witness Highest CAGR in Global Market During Forecast Period
Figure 14 Attractive Growth Opportunities for Players in Market
Figure 15 Automatic Bending Machines to Exhibit Higher Growth Rate Than That of Semiautomatic Bending Machines During Forecast Period
Figure 16 Tube/Pipe Application to Hold Largest Market Share in 2024
Figure 17 Electric Automatic Bending Machines to Account for Largest Market Size During Forecast Period
Figure 18 Automotive Industry to Hold Largest Share of Market in 2024
Figure 19 APAC to Witness Highest CAGR in Market During Forecast Period
Figure 20 Market Dynamics
Figure 21 Market, By Type
Figure 22 Market, By Technology
Figure 23 Market, By Application
Figure 24 Market, By Industry
Figure 25 North America: Automatic Bending Machine Snapshot
Figure 26 APAC: Market Snapshot
Figure 27 Top 3 Market Players, 2018
Figure 28 Market (Global) Competitive Leadership Mapping, 2018
Figure 29 Trumpf: Company Snapshot
Figure 30 Amada: Company Snapshot
Figure 31 Bystronic: Company Snapshot
Figure 32 Prima Industrie: Company Snapshot
The study involved four major activities in estimating the current market size for the automatic bending machine market. Exhaustive secondary research has been done to collect information on the market and the peer market. Validate these findings, assumptions, and sizing with industry experts across the value chain through primary research has been the next step. Both top-down and bottom-up approaches have been employed to estimate the total market size. After that, market breakdown and data triangulation procedures have been carried out to estimate the market size of segments and subsegments.
Secondary Research
In the secondary research process, various secondary sources, such as Factiva and Avention, have been referred to for identifying and collecting information for this study. These secondary sources included annual reports, press releases, and investor presentations of companies, white papers, certified publications, articles by recognized authors, trade directories, and databases.
Primary Research
Extensive primary research has been conducted after gaining knowledge about the automatic bending machine market scenario through secondary research. Several primary interviews have been conducted with market experts from both demand and supply sides across four major regionsNorth America, Europe, APAC, and RoW. Approximately 30% and 70% of primary interviews have been conducted with parties from the demand and supply sides, respectively. This primary data has been collected through questionnaires, e-mails, and telephonic interviews.
The following figure shows the breakdown of primaries based on company type, designation, and region.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both top-down and bottom-up approaches have been used to estimate and validate the size of the global automatic bending machine market and other dependent submarkets. Key players in the market have been identified through secondary research, and their ranking in the respective regions has been determined through primary and secondary research. This entire research methodology involves the study of financial reports of top players and interviews with industry experts (such as CEOs, VPs, directors, and marketing executives) for key insights (both quantitative and qualitative) on the market. All percentage share split and breakdowns have been determined using secondary sources and verified through primary sources. All the possible parameters that affect the markets covered in this research study have been accounted for, viewed in detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data. This data has been consolidated and supplemented with detailed inputs and analysis from MarketsandMarkets and presented in this report.
Data Triangulation
After arriving at the overall market size from the estimation process explained above, the total market has been split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all the segments, the market breakdown and data triangulation procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides. The market has also been validated using both top-down and bottom-up approaches.
Study Objectives Are as Follows:
- To define, describe, and forecast the automatic bending machine, in terms of value, based on type, technology, application, and industry
- To forecast the market size, in terms of value, for segments concerning four main regionsNorth America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
- To provide detailed information regarding major factors, namely, drivers, restraints, opportunities, and challenges influencing the growth of the market
- To provide an overall view of the global market through illustrative segmentation, analyses, and market size estimations of crucial geographic segments
- To analyze the competitive intelligence of players based on company profiles and their strategies to sustain their position and grow in this market
- To strategically analyze micromarkets1 with respect to individual growth trends, prospects, and contribution to the total market
- To strategically profile key players and comprehensively analyze their market ranking and core competencies2, along with detailing the competitive landscape for market leaders
Available Customizations:
With the given market data, MarketsandMarkets offers customizations according to the companys specific needs. The following customization options are available for the report.
Company Information
- Detailed analysis and profiling of additional market players (up to 5)
Growth opportunities and latent adjacency in Automatic Bending Machine Market