Automated Bending Machine Market Size, Trends and Insights By Technology (Electric, Hydraulic, Pneumatic, Induction), By Application (Tube/Pipe, Metal Sheet, Bar), By Industry (Automotive, Shipbuilding, Aerospace, Construction & Mining, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Reports Description
Global Automated Bending Machine Market was valued at USD 2.2 Billion in 2024 and is expected to reach USD 3.8 Billion by 2033, at a CAGR of 4.3% during the forecast period 2024 – 2033.
An automated bending machine is a manufacturing equipment that bends metal tubes and sheets into various shapes and forms. These devices are made to automate the bending operation.
Automated Bending Machine Market: Growth Factors
Rise of smart automation and connectivity
The market for automatic bending machines is expanding due to smart automation and machine-to-machine (M2M) connectivity. On bending machines, sensors that monitor performance, predict maintenance needs, and improve production workflows are added more frequently.
Additionally, remote monitoring and control capabilities enable real-time modifications and higher overall equipment effectiveness (OEE). Automation with intelligence (AI), robots, and sophisticated sensors improves the productivity and efficiency of automated bending machines.
These innovations lower mistake rates and boost throughput by enabling machines to function with little human assistance. The need for these sophisticated machines is driven by their capacity to complete intricate bending operations quickly and precisely. Increased process flexibility is possible in manufacturing with intelligent automation.
Advancements in metalworking processes
Advancements in metalworking processes significantly drive the market for automated bending machines by enhancing precision, efficiency, and versatility. The integration of computer numerical control (CNC) technology into bending machines has revolutionized metalworking, allowing for precise, repeatable bends and complex shapes that were previously challenging or impossible to achieve.
Innovations in materials science, such as the development of stronger and more flexible metals, also push the demand for advanced bending technologies. Automated bending machines are designed to handle these new materials efficiently, providing high-quality bends without compromising the integrity of the metal.
The push towards Industry 4.0 and smart manufacturing further accelerates the adoption of automated bending machines. These machines can be integrated into automated production lines, communicating with other equipment to optimize workflow and reduce downtime.
This connectivity enables real-time monitoring and adjustments, enhancing productivity and reducing waste. Additionally, advancements in robotics and artificial intelligence allow for more sophisticated automation, reducing the need for manual intervention and minimizing errors.
This leads to faster production times and lower labour costs, making automated bending machines an attractive investment for metalworking companies looking to stay competitive in a rapidly evolving market.
Automated Bending Machine Market: Restraints
Fluctuating prices of raw materials
An automated bending machine’s construction requires raw materials including steel, aluminium, and other metals. The cost of production for companies that make bending machines goes up in tandem with the price increases of these materials.
The final product may become less competitive in the market as a result of rising prices. Uncertainty is created for manufacturers by fluctuating raw material prices. It becomes more difficult to project expenses and establish steady prices for their equipment.
Customers (like automakers) may be reluctant to invest in new automated bending equipment due to rising and variable costs. Customers are sensitive to price changes because these expenditures need a large amount of resources.
Variations in the cost of raw materials can also have an impact on the money set aside for R&D. Funds may be diverted by manufacturers to offset rising production costs, which would leave less money for creativity and the creation of cutting-edge, innovative bending equipment. This may hinder the development of new technologies and limit the market’s potential for overall growth.
Automated Bending Machine Market: Opportunities
Increasing demand for hybrid and electric vehicles
The increasing demand for hybrid and electric vehicles (HEVs) is driving the adoption of automated bending machines in the automotive manufacturing sector. HEVs require specialized chassis components made from lightweight materials like aluminum and high-strength steel to improve fuel efficiency and reduce emissions.
Automated bending machines play a crucial role in producing these complex and lightweight components with precision and efficiency. HEVs’ unique structural requirements, such as intricate frame designs and tight tolerances, necessitate advanced manufacturing processes capable of handling diverse materials and intricate shapes.
Automated bending machines offer the flexibility and accuracy required to produce these components efficiently while maintaining high quality standards.
Moreover, the shift towards sustainable transportation solutions, fueled by environmental concerns and government regulations, is accelerating the transition to HEVs. As automakers ramp up production to meet the growing demand for eco-friendly vehicles, the need for automated bending machines increases to streamline manufacturing operations and meet production targets.
Additionally, advancements in automation technology, such as robotics and machine learning, enhance the capabilities of automated bending machines, enabling them to handle complex bending tasks with speed and precision.
This convergence of automotive industry trends and technological innovation drives the adoption of automated bending machines, making them indispensable in the production of components for hybrid and electric vehicles.
Automated Bending Machine Market: Segmentation Analysis
The Global Automated Bending Machine Market is segmented into technology, application, industry, and region. Based on technology, the market is segmented into electric, hydraulic, pneumatic, and induction. Electric dominated the market in 2023 with a market share of 41.6% and is expected to keep its dominance during the forecast period 2024-2033.
Electric drive systems are increasingly utilized in automated bending machines due to their numerous advantages over traditional hydraulic or pneumatic systems. These systems utilize electric motors and controllers to precisely control the bending process, resulting in higher accuracy, repeatability, and efficiency.
Moreover, electric drive systems offer energy efficiency and reduced maintenance requirements compared to hydraulic or pneumatic systems. They eliminate the need for hydraulic fluids and associated maintenance, resulting in lower operating costs and environmental impact.
Additionally, electric drive automated bending machines often feature advanced programming capabilities and integration with computer-aided design (CAD) software, allowing for seamless automation and optimization of bending processes.
Operators can easily program bending sequences and parameters, reducing setup time and increasing productivity. Overall, electric drive systems enhance the performance, precision, and flexibility of automated bending machines, making them indispensable tools in modern manufacturing environments striving for efficiency and quality.
Based on application, the market is segmented into tube/pipe, metal sheet, and bar. The tube/pipe segment dominated the market in 2023 with a market share of 45.5% and is expected to keep its dominance during the forecast period 2024-2033.
These tubes or pipelines are used to channel or convey gas, liquid, or solid materials. Depending on the purpose, pipes, and tubes need to be bent in different ways and come in a range of sizes. There are some aeronautical applications where precise tube/pipe bending is required.
Pipes and tubes are commonly bent using roll benders. Tube/pipe benders that have automated systems for loading and unloading pipes. The demand for precise, efficient, and flexible tube and pipe bending solutions in various industries is a driving force behind the growth of automated bending machines, revolutionizing manufacturing processes and capabilities.
Based on industry, the market is segmented into automotive, shipbuilding, aerospace, construction & mining, and others. Automotive dominated the market in 2023 with a market share of 31.8% and is expected to keep its dominance during the forecast period 2024-2033.
Global demand for hybrid and electric vehicles is rising, necessitating the need for sophisticated, automated machinery that can precisely and accurately make parts. To produce these vehicles, metal sheets, and tubes must be bent into intricate designs using automated bending equipment.
In the automobile sector, where production volumes are high and efficiency is critical, automated bending machines dramatically cut cycle times as compared to human bending equipment.
Report Scope
| Feature of the Report | Details |
| Market Size in 2024 | USD 2.2 Billion |
| Projected Market Size in 2033 | USD 3.8 Billion |
| Market Size in 2023 | USD 2.1 Billion |
| CAGR Growth Rate | 4.3% CAGR |
| Base Year | 2023 |
| Forecast Period | 2024-2033 |
| Key Segment | By Technology, Application, Industry and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Automated Bending Machine Market: Regional Analysis
By Region, Automated Bending Machine Market is segmented into North America, Europe, Asia Pacific, Latin America, the Middle East & Africa. Asia Pacific led the Automated Bending Machine Market in 2023 with a market share of 41.6% and is expected to keep its dominance during the forecast period 2024-2033.
The greatest market for automated bending machines is anticipated to be Asia Pacific. Asia Pacific is led by developed nations like China and Japan and developing nations like India. Asia Pacific is a potential market for automated bending machines because of factors including the rise in small and medium-sized enterprises and the growing economy of the area.
The market for automated bending machines would be directly impacted by the improving economic infrastructure in Asia Pacific. The region’s large-scale infrastructure projects and construction activities further fuel the demand for automated bending machines.
As urbanization continues to accelerate, there is a growing need for fabricated metal components used in building construction, infrastructure development, and machinery manufacturing, where automated bending machines play a crucial role in shaping metal parts with precision and efficiency.
Additionally, favourable government initiatives promoting industrial automation, coupled with the availability of skilled labour and competitive manufacturing costs, make Asia Pacific an attractive market for automated bending machine manufacturers. This combination of factors positions the region as a driving force behind the growth of the automated bending machine market.
Automated Bending Machine Market: Recent Developments
- In April 2023, RMetalix modified its software-controlled robots to do bending operations. In a matter of minutes, the robotic bending process may be operated by the updated software.
- In October 2021, The eP Genius 1030 bending solution was introduced by TRUMPF. The machine can bend materials up to 350 mm in length and 4 mm in thickness.
- In January 2020, Bystronic unveiled the Mobile Bending Cell 80, a bending device with human and automated operations.
List of the prominent players in the Automated Bending Machine Market:
- Transfluid Maschinenbau GmbH
- PEDAX GmbH
- Horn Machines Tools Inc.
- Pines Engineering & H&H Tooling
- HACO
- Prima Industries S.p.A.
- Soco Machinery
- Shuz Tung Machinery Industrial Co. Ltd
- Euromac
- TRUMPF
- WAFIOS AG
- Baileigh Industries Inc.
- Bystronic
- Amada Co. Ltd
- AMOB
- Danobatgroup
- BLM Group
- WAFIOS AG
- Others
These key players are adopting various growth strategies such as merger & acquisitions, joint ventures, expansion, strategic alliances, new product launches, etc. to enhance their business operations and revenues.
The Automated Bending Machine Market is segmented as follows:
By Technology
- Electric
- Hydraulic
- Pneumatic
- Induction
By Application
- Tube/Pipe
- Metal Sheet
- Bar
By Industry
- Automotive
- Shipbuilding
- Aerospace
- Construction & Mining
- Others
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research Scope
- 1.3 Research Methodology
- 1.3.1 Market Research Type
- 1.3.2 Market Research Methodology
- Chapter 2. Executive Summary
- 2.1 Global Automated Bending Machine Market, (2024 – 2033) (USD Billion)
- 2.2 Global Automated Bending Machine Market: snapshot
- Chapter 3. Global Automated Bending Machine Market – Industry Analysis
- 3.1 Automated Bending Machine Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Rise of smart automation and connectivity
- 3.2.2 Advancements in metalworking processes
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Technology
- 3.7.2 Market Attractiveness Analysis By Application
- 3.7.3 Market Attractiveness Analysis By Industry
- Chapter 4. Global Automated Bending Machine Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Automated Bending Machine Market: Company Market Share, 2023
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, collaboration, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Automated Bending Machine Market – Technology Analysis
- 5.1 Global Automated Bending Machine Market Overview: By Technology
- 5.1.1 Global Automated Bending Machine Market Share, By Technology, 2023 and 2033
- 5.2 Electric
- 5.2.1 Global Automated Bending Machine Market by Electric, 2024 – 2033 (USD Billion)
- 5.3 Hydraulic
- 5.3.1 Global Automated Bending Machine Market by Hydraulic, 2024 – 2033 (USD Billion)
- 5.4 Pneumatic
- 5.4.1 Global Automated Bending Machine Market by Pneumatic, 2024 – 2033 (USD Billion)
- 5.5 Induction
- 5.5.1 Global Automated Bending Machine Market by Induction, 2024 – 2033 (USD Billion)
- 5.1 Global Automated Bending Machine Market Overview: By Technology
- Chapter 6. Global Automated Bending Machine Market – Application Analysis
- 6.1 Global Automated Bending Machine Market Overview: By Application
- 6.1.1 Global Automated Bending Machine Market Share, By Application, 2023 and 2033
- 6.2 Tube/Pipe
- 6.2.1 Global Automated Bending Machine Market by Tube/Pipe, 2024 – 2033 (USD Billion)
- 6.3 Metal Sheet
- 6.3.1 Global Automated Bending Machine Market by Metal Sheet, 2024 – 2033 (USD Billion)
- 6.4 Bar
- 6.4.1 Global Automated Bending Machine Market by Bar, 2024 – 2033 (USD Billion)
- 6.1 Global Automated Bending Machine Market Overview: By Application
- Chapter 7. Global Automated Bending Machine Market – Industry Analysis
- 7.1 Global Automated Bending Machine Market Overview: By Industry
- 7.1.1 Global Automated Bending Machine Market Share, By Industry, 2023 and 2033
- 7.2 Automotive
- 7.2.1 Global Automated Bending Machine Market by Automotive, 2024 – 2033 (USD Billion)
- 7.3 Shipbuilding
- 7.3.1 Global Automated Bending Machine Market by Shipbuilding, 2024 – 2033 (USD Billion)
- 7.4 Aerospace
- 7.4.1 Global Automated Bending Machine Market by Aerospace, 2024 – 2033 (USD Billion)
- 7.5 Construction & Mining
- 7.5.1 Global Automated Bending Machine Market by Construction & Mining, 2024 – 2033 (USD Billion)
- 7.6 Others
- 7.6.1 Global Automated Bending Machine Market by Others, 2024 – 2033 (USD Billion)
- 7.1 Global Automated Bending Machine Market Overview: By Industry
- Chapter 8. Automated Bending Machine Market – Regional Analysis
- 8.1 Global Automated Bending Machine Market Regional Overview
- 8.2 Global Automated Bending Machine Market Share, by Region, 2023 & 2033 (USD Billion)
- 8.3. North America
- 8.3.1 North America Automated Bending Machine Market, 2024 – 2033 (USD Billion)
- 8.3.1.1 North America Automated Bending Machine Market, by Country, 2024 – 2033 (USD Billion)
- 8.3.1 North America Automated Bending Machine Market, 2024 – 2033 (USD Billion)
- 8.4 North America Automated Bending Machine Market, by Technology, 2024 – 2033
- 8.4.1 North America Automated Bending Machine Market, by Technology, 2024 – 2033 (USD Billion)
- 8.5 North America Automated Bending Machine Market, by Application, 2024 – 2033
- 8.5.1 North America Automated Bending Machine Market, by Application, 2024 – 2033 (USD Billion)
- 8.6 North America Automated Bending Machine Market, by Industry, 2024 – 2033
- 8.6.1 North America Automated Bending Machine Market, by Industry, 2024 – 2033 (USD Billion)
- 8.7. Europe
- 8.7.1 Europe Automated Bending Machine Market, 2024 – 2033 (USD Billion)
- 8.7.1.1 Europe Automated Bending Machine Market, by Country, 2024 – 2033 (USD Billion)
- 8.7.1 Europe Automated Bending Machine Market, 2024 – 2033 (USD Billion)
- 8.8 Europe Automated Bending Machine Market, by Technology, 2024 – 2033
- 8.8.1 Europe Automated Bending Machine Market, by Technology, 2024 – 2033 (USD Billion)
- 8.9 Europe Automated Bending Machine Market, by Application, 2024 – 2033
- 8.9.1 Europe Automated Bending Machine Market, by Application, 2024 – 2033 (USD Billion)
- 8.10 Europe Automated Bending Machine Market, by Industry, 2024 – 2033
- 8.10.1 Europe Automated Bending Machine Market, by Industry, 2024 – 2033 (USD Billion)
- 8.11. Asia Pacific
- 8.11.1 Asia Pacific Automated Bending Machine Market, 2024 – 2033 (USD Billion)
- 8.11.1.1 Asia Pacific Automated Bending Machine Market, by Country, 2024 – 2033 (USD Billion)
- 8.11.1 Asia Pacific Automated Bending Machine Market, 2024 – 2033 (USD Billion)
- 8.12 Asia Pacific Automated Bending Machine Market, by Technology, 2024 – 2033
- 8.12.1 Asia Pacific Automated Bending Machine Market, by Technology, 2024 – 2033 (USD Billion)
- 8.13 Asia Pacific Automated Bending Machine Market, by Application, 2024 – 2033
- 8.13.1 Asia Pacific Automated Bending Machine Market, by Application, 2024 – 2033 (USD Billion)
- 8.14 Asia Pacific Automated Bending Machine Market, by Industry, 2024 – 2033
- 8.14.1 Asia Pacific Automated Bending Machine Market, by Industry, 2024 – 2033 (USD Billion)
- 8.15. Latin America
- 8.15.1 Latin America Automated Bending Machine Market, 2024 – 2033 (USD Billion)
- 8.15.1.1 Latin America Automated Bending Machine Market, by Country, 2024 – 2033 (USD Billion)
- 8.15.1 Latin America Automated Bending Machine Market, 2024 – 2033 (USD Billion)
- 8.16 Latin America Automated Bending Machine Market, by Technology, 2024 – 2033
- 8.16.1 Latin America Automated Bending Machine Market, by Technology, 2024 – 2033 (USD Billion)
- 8.17 Latin America Automated Bending Machine Market, by Application, 2024 – 2033
- 8.17.1 Latin America Automated Bending Machine Market, by Application, 2024 – 2033 (USD Billion)
- 8.18 Latin America Automated Bending Machine Market, by Industry, 2024 – 2033
- 8.18.1 Latin America Automated Bending Machine Market, by Industry, 2024 – 2033 (USD Billion)
- 8.19. The Middle-East and Africa
- 8.19.1 The Middle-East and Africa Automated Bending Machine Market, 2024 – 2033 (USD Billion)
- 8.19.1.1 The Middle-East and Africa Automated Bending Machine Market, by Country, 2024 – 2033 (USD Billion)
- 8.19.1 The Middle-East and Africa Automated Bending Machine Market, 2024 – 2033 (USD Billion)
- 8.20 The Middle-East and Africa Automated Bending Machine Market, by Technology, 2024 – 2033
- 8.20.1 The Middle-East and Africa Automated Bending Machine Market, by Technology, 2024 – 2033 (USD Billion)
- 8.21 The Middle-East and Africa Automated Bending Machine Market, by Application, 2024 – 2033
- 8.21.1 The Middle-East and Africa Automated Bending Machine Market, by Application, 2024 – 2033 (USD Billion)
- 8.22 The Middle-East and Africa Automated Bending Machine Market, by Industry, 2024 – 2033
- 8.22.1 The Middle-East and Africa Automated Bending Machine Market, by Industry, 2024 – 2033 (USD Billion)
- Chapter 9. Company Profiles
- 9.1 Transfluid Maschinenbau GmbH
- 9.1.1 Overview
- 9.1.2 Financials
- 9.1.3 Product Portfolio
- 9.1.4 Business Strategy
- 9.1.5 Recent Developments
- 9.2 PEDAX GmbH
- 9.2.1 Overview
- 9.2.2 Financials
- 9.2.3 Product Portfolio
- 9.2.4 Business Strategy
- 9.2.5 Recent Developments
- 9.3 Horn Machines Tools Inc.
- 9.3.1 Overview
- 9.3.2 Financials
- 9.3.3 Product Portfolio
- 9.3.4 Business Strategy
- 9.3.5 Recent Developments
- 9.4 Pines Engineering & H&H Tooling
- 9.4.1 Overview
- 9.4.2 Financials
- 9.4.3 Product Portfolio
- 9.4.4 Business Strategy
- 9.4.5 Recent Developments
- 9.5 HACO
- 9.5.1 Overview
- 9.5.2 Financials
- 9.5.3 Product Portfolio
- 9.5.4 Business Strategy
- 9.5.5 Recent Developments
- 9.6 Prima Industries S.p.A.
- 9.6.1 Overview
- 9.6.2 Financials
- 9.6.3 Product Portfolio
- 9.6.4 Business Strategy
- 9.6.5 Recent Developments
- 9.7 Soco Machinery
- 9.7.1 Overview
- 9.7.2 Financials
- 9.7.3 Product Portfolio
- 9.7.4 Business Strategy
- 9.7.5 Recent Developments
- 9.8 Shuz Tung Machinery Industrial Co. Ltd
- 9.8.1 Overview
- 9.8.2 Financials
- 9.8.3 Product Portfolio
- 9.8.4 Business Strategy
- 9.8.5 Recent Developments
- 9.9 Euromac
- 9.9.1 Overview
- 9.9.2 Financials
- 9.9.3 Product Portfolio
- 9.9.4 Business Strategy
- 9.9.5 Recent Developments
- 9.10 TRUMPF
- 9.10.1 Overview
- 9.10.2 Financials
- 9.10.3 Product Portfolio
- 9.10.4 Business Strategy
- 9.10.5 Recent Developments
- 9.11 WAFIOS AG
- 9.11.1 Overview
- 9.11.2 Financials
- 9.11.3 Product Portfolio
- 9.11.4 Business Strategy
- 9.11.5 Recent Developments
- 9.12 Baileigh Industries Inc.
- 9.12.1 Overview
- 9.12.2 Financials
- 9.12.3 Product Portfolio
- 9.12.4 Business Strategy
- 9.12.5 Recent Developments
- 9.13 Bystronic
- 9.13.1 Overview
- 9.13.2 Financials
- 9.13.3 Product Portfolio
- 9.13.4 Business Strategy
- 9.13.5 Recent Developments
- 9.14 Amada Co. Ltd
- 9.14.1 Overview
- 9.14.2 Financials
- 9.14.3 Product Portfolio
- 9.14.4 Business Strategy
- 9.14.5 Recent Developments
- 9.15 AMOB
- 9.15.1 Overview
- 9.15.2 Financials
- 9.15.3 Product Portfolio
- 9.15.4 Business Strategy
- 9.15.5 Recent Developments
- 9.16 Danobatgroup
- 9.16.1 Overview
- 9.16.2 Financials
- 9.16.3 Product Portfolio
- 9.16.4 Business Strategy
- 9.16.5 Recent Developments
- 9.17 BLM Group
- 9.17.1 Overview
- 9.17.2 Financials
- 9.17.3 Product Portfolio
- 9.17.4 Business Strategy
- 9.17.5 Recent Developments
- 9.18 WAFIOS AG
- 9.18.1 Overview
- 9.18.2 Financials
- 9.18.3 Product Portfolio
- 9.18.4 Business Strategy
- 9.18.5 Recent Developments
- 9.19 Others.
- 9.19.1 Overview
- 9.19.2 Financials
- 9.19.3 Product Portfolio
- 9.19.4 Business Strategy
- 9.19.5 Recent Developments
- 9.1 Transfluid Maschinenbau GmbH
List Of Figures
Figures No 1 to 28
List Of Tables
Tables No 1 to 77
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2033
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
| Perspective | Primary research | Secondary research |
| Supply-side |
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| Demand-side |
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Market Analysis Matrix
| Qualitative analysis | Quantitative analysis |
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Prominent Player
- Transfluid Maschinenbau GmbH
- PEDAX GmbH
- Horn Machines Tools Inc.
- Pines Engineering & H&H Tooling
- HACO
- Prima Industries S.p.A.
- Soco Machinery
- Shuz Tung Machinery Industrial Co. Ltd
- Euromac
- TRUMPF
- WAFIOS AG
- Baileigh Industries Inc.
- Bystronic
- Amada Co. Ltd
- AMOB
- Danobatgroup
- BLM Group
- WAFIOS AG
- Others
FAQs
The major driver for the Global Automated Bending Machine Market rise of smart automation and connectivity and advancements in metalworking processes.
The “Tube/Pipe” had the largest share in the global market for Automated Bending Machine.
The “Electric” category dominated the market in 2023.
The key players in the market are Transfluid Maschinenbau GmbH, PEDAX GmbH, Horn Machines Tools Inc., Pines Engineering & H&H Tooling, HACO, Prima Industries S.p.A., Soco Machinery, Shuz Tung Machinery Industrial Co. Ltd, Euromac, TRUMPF, WAFIOS AG, Baileigh Industries Inc., Bystronic, Amada Co. Ltd, AMOB, Danobatgroup, BLM Group, WAFIOS AG, Others.
“Asia Pacific” had the largest share in the Automated Bending Machine Market.
The global market is projected to grow at a CAGR of 4.3% during the forecast period, 2024-2033.
The Automated Bending Machine Market size was valued at USD 2.2 Billion in 2024.