The automatic bending machine market is expected to reach $2.4 billion in 2024 from $1.9 billion in 2019 and is expected to grow by 4% per annum the growth of this market is accelerated by the high accuracy and additional safety provided by advanced programmable bending machines.
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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), transfluid® Maschinenbau GmbH (Germany), and AMOB (Portugal), among many others.
Automatic Bending Machine Market Segmentation
By Type:
• Automatic
• Semiautomatic
By Technology:
• Electric
• Hydraulic
• Pneumatic
• Induction
By Application:
• Tube/Pipe
• Metal Sheet
• Bar
By Industry:
• Automotive
• Shipbuilding
• Aerospace
• Construction & Mining
• Others (Heavy Machine Engineering and Machine Manufacturing)
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