Pipe and Tube Bending Machine is segmented by product type (CNC Bending Machine, Hydraulic Pipe Bender), end user (Power Construction, Public Railway Construction, Boilers, Bridge, Ship furniture), Key participants (Electropneumatics, Wonsten, CML, Shuz Tung Machinery Industrial, Tube & Pipe Bending Machines, Baileigh Industrial and others) and regional (United States, Africa, Australia, Austria, India, Japan, China and others)
Pipe and Tube Bending Machine Market is estimated to grow at 7.3% CAGR in 2021-2031 reaching a market size value of 286.9 Billion.
Pipes and tubes are essential components of every industrial system since they carry materials from one area to another. They consist of different materials, but due to the malleability & strength-to-weight ratio, plastic components have become popular. Tube and pipe bending machines are widely known because of the widespread use of plastic and other malleable materials in these industries. These devices connect conduits to the matching couplings, allowing logistical machine activities to take place.
The current global business is booming at an incredible rate. The sheer efficiency and effectiveness with which automated industrial processes can churn out every day-use items have increased the demand for machine-made products. According to Transparency Market Research, the pipe and tube bending machine market are projected to develop gradually throughout the forecast timeframe of 2020 to 2030, owing to rising industry productivity and innovation.
Developments in the Construction & Automotive sector have resulted in greater market adoption of machines like pipe and tube bending machines. Pipe and tube bending machines are used to create final components by bending pipes and tubes. A guiding wheel device, driving device, pre-pressing device, clamping head device, rocker arm, hydraulic system, and intermediate frequency power supply are all part of this machine. The rocker arm is the key element of the bending machine since it bends the pipe to the desired radius
Key trends & drivers
Automation is taking over daily life operations around the globe, and the result is most apparent in the worlds industry. The worldwide industrial automation markets value is 128,000 million US dollars. Pipe and tube bending machines are part of the operations that make this feasible. This market should continue developing gradually in the future years, given current trends in industrial automation adoption. The automobile and construction sectors are two businesses that primarily use this technology. Until the onset of the current COVID-19 epidemic, the automobile sector was also doing well, and its likely to make a strong recovery in the future. With these sectors, the demand for pipe and tube bending equipment should increase as well.
These machines have considerable operational expenses and involve the use of a technically professional workforce. Small and medium-sized businesses have profound challenges in using these devices. Machine percolation into the lowest rungs of the industry should be achievable with more innovation and cost-cutting techniques on the resources used.
Several suppliers in the industry deal with bending machines for pipes and tubes. It diversifies the market environment and aims at growing the output by acquiring subparts for production facilities and investing in advancements for tube and pipe bending machines. Investment drive in various industrial sectors should enhance the market expansion. Some of the major key players in this Pipe & tube bending market are Electropneumatics, Wonsten, CML, Shuz Tung Machinery Industrial, Tube & Pipe Bending Machines, Baileigh Industrial, SOCO Machinery and others.
The worldwide economy for pipe and tube bending machines is presently dominated by North America and Europe. It might be due to market penetration and market development in the construction and automotive sectors, along with market participants eagerness to implement automation in these areas of the economy. In this market, the Asia Pacific region (APAC) is not far behind. It relates present advancement to a growing construction sector that is abandoning traditional manufacturing processes in lieu of automated facilities. Individuals in Latin America are beginning to recognize the value of automated goods, which should result in substantial growth in the number of pipe and tube bending machines used throughout the market.
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Industry and Revenue Segmentation
Product type Analysis (Revenue, USD Million, 2021-2031)
• CNC Bending Machine
• Hydraulic Pipe Bender
• Single Head Hydraulic Pipe Bender
• Double Head Hydraulic Pipe Bender
End user Analysis (Revenue, USD Million, 2021-2031)
• Power Construction
• Public Railway Construction
• Ships Furniture
Key participants (Revenue, USD Million, 2021-2031)
• Shuz Tung Machinery Industrial
• Tube & Pipe Bending Machines
• Baileigh Industrial
• SOCO Machinery
• Van Sant Enterprises
• Chiao Sheng Machinery
• Thorson Industries
• Sharpe Products
• Chiyoda Kogyo
• Pines Technology
Regional Analysis (Revenue, USD Million, 2020 – 2031)
• United States
• United kingdom
• South Korea
• Saudi Arabia
• Rest of the world
• United States Pipe & Tube Bending Machine Market Industry Research Report
• Europe Pipe & Tube Bending Machine Market Industry Research Report
• Asia Pipe & Tube Bending Machine Market Industry Research Report
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