Metal Folding Machines Size shall reach a value of $2.54 Billion in 2027, growing with a CAGR of 4.4% during the forecast period of 2020 to 2027.
Market Definition / Research Scope
A metal folding machine Is an appliance used to fold or bend metal for it to bend to its intended form. Metal folding is a crucial stage in the metal fabrication process that encompasses all the processes such as edging, folding, braking, bending, and pressing of sheet metal into a pre-planned shape.
Metal folding machines are used to produce different products such as pipes, enclosures, and boxes. Sheet metal can be reshaped by bending, shearing, rolling, and indenting. The upgraded metal folding machine includes automated panel bender machines and high-speed bending cells. For example, sheet metal fabricators acquire upgraded 3D CADCAM systems to design and develop complex folded elements.
Metal folding is the system that provides the metal product its shape. The advantages of using this efficient device are that it can produce different shapes for various day-to-day products, and it can fold small intricacies.
Metal Folding Machines Market Growth and Trends
• Metal folding processes can be called bending, edging, braking, and flanging, which is an important stage in the metal fabrication process. It covers folding, bending, and pressing of sheet metal into a predetermined shape.
• Products such as enclosures, pipes, and boxes use the Metal folding machines. Advanced metal folding technology involves high-speed bending cells and automated panel bender machines. To develop and design complex folded components, sheet metal fabricators adopt advanced 3D CADCAM systems.
• With the rise in demand for advanced metal folding technology in the automotive industry, it is expected the demand for metal folding machines will further grow in near future.
• Another reason for growth in the metal folding machines market is due to usage of Computer Numerical Control (CNC) machines and the integration of Internet of Things (IoT) in manufacturing sector.CNC metal folding machines are automatic machine tools that allow precise operation of stored programmable commands.
• Type-wise the global metal folding machine market can be divided into
o Mechanical Metal Folding Machine
o Hydraulic Metal Folding Machine
o Electric Metal Folding Machine
o Pneumatic Metal Folding Machine
• On the basis of operation, the metal folding machine market can be divided into
o Conventional Metal Folding Machine
o Computer Numerical Control (CNC) Metal Folding Machine
• The industrial usage of global metal folding machinesinvolves Manufacturing & Processing, Automotive, Building & Construction, Power Generation, Oil & Gas and Others (Transportation, Precision Engineering, etc.).
• Major global players in Metal Folding Machines Market are Amada Co. Ltd., Mitsubishi Heavy Industries, Ltd., TRUMPF Group, Dalian Machine Tool Group Corporation.
• The high cost involved for utilization of automatic metal folding machines compared to manually operated machines and the volatility in construction sector due to global economic slowdowncould adversely affect the global metal folding machine market in the near term.
• Though the automatic metal folding machine increases productivity manifold but due to the high cost involvement in procurement and running of these machines deter small and medium sized enterprises across the globe.
• Thus the efficiency in penetration of manufacturers in the market is reduced which in turn restrainsthe overall growth of the global metal folding machine market.
Metal Folding Machines Market Regional Analysis
Metal Folding Machines Market Share and Competition
Key companies operating in this industry are: Amada Co. Ltd., Mitsubishi Heavy Industries, Ltd., TRUMPF Group, Dalian Machine Tool Group Corporation, Hans Schröder Maschinenbau GmbH, CIDAN Machinery Americas, Jayson Machines, Chiao Sheng Machinery Co., Ltd., CMTS Sheet Metal Machines, ASCO Maschinenbau GmbH, and KMF Precision Sheet Metal Ltd. Similar industries in this domain that is growing at a high CAGR include Textile Folding Machine Market and Laundary Folding Mahine Market.
Metal Folding Machines Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2020 – 2027)
• Data breakdown for every market segment (2020 – 2027)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Type Analysis (Revenue, USD Million, 2020 - 2027)
• Mechanical Metal Folding Machine
• Hydraulic Metal Folding Machine
• Electric Metal Folding Machine
• Pneumatic Metal Folding Machine
Mode of Operation Analysis (Revenue, USD Million, 2020 - 2027)
• Conventional Metal Folding Machine
• Computer Numerical Control (CNC) Metal Folding Machine
Application Analysis (Revenue, USD Million, 2020 - 2027)
• Manufacturing & Processing
• Building & Construction
• Power Generation
• Oil & Gas
• Precision Engineering
Region Analysis (Revenue, USD Million, 2020 - 2027)
• United States
• United Kingdom
• South Korea
• Middle East
• Rest of World
Metal Folding Machines Market Companies
• Amada Co. Ltd.
• Mitsubishi Heavy Industries, Ltd.
• TRUMPF Group
• Dalian Machine Tool Group Corporation
• Hans Schröder Maschinenbau GmbH
• CIDAN Machinery Americas
• Jayson Machines
• Chiao Sheng Machinery Co., Ltd.
• CMTS Sheet Metal Machines
• ASCO Maschinenbau GmbH
• KMF Precision Sheet Metal Ltd.
Available Versions: -
United States Metal Folding Machines Market Research Report
Europe Metal Folding Machines Market Research Report
Asia Pacific Metal Folding Machines Market Research Report
India Metal Folding Machines Market Research Report
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