The global automated bending market revenue was around US$ 2.9 billion in 2021 and is estimated to reach US$ 3.9 billion by 2031, growing at a compound annual growth rate (CAGR) of 5.6% during the forecast period from 2022 to 2031.

An automated bending machine is used to bend the tool. It can be bent automatically in a linear or rotational motion. The tube, pipe, metal sheet, and bar can all be bent automatically by this machine. Form-bound bending and free-from bending are two different types of bending processes. In these processes, heating or cold forming is used.

Factors Influencing Market Growth

Significant demand for iron and steel from the building and transportation industries fuel the market growth.

The growing sectors of oil and gas, manufacturing, automotive, and building and construction drive the global market growth.

Industry 4.0 adoption is driving demand for linked machinery, which is ultimately fueling the expansion of the automatic bending machine market.

Study of the COVID-19 Pandemic

The COVID-19 pandemic had a negative impact on the market. Due to the lockdown enacted by the government, several producers and sales in the market were forced to cease operations in nations like China, the U.S., and India. Additionally, a scarcity of laborers and raw materials restricted the supply of automatic bending machine system equipment.

However, it is anticipated that the reopening of manufacturing facilities and the development of coronavirus disease vaccines will result in the reopening of automatic bending machine businesses.

Regional Insights

Asia-Pacific dominated the market. It is predicted that this trend would continue during the forecast period. Due to a rise in manufacturing enterprises such as automotive and aviation in nations like China, India, and Japan. Additionally, the expansion of infrastructure projects in this region is driving up demand for automatic bending equipment. Thus, it is anticipated that all of these factors will fuel the market in
this region.

Leading Competitors
The leading competitors in the global automated bending machine market are:
Amada Co. Ltd
AMOB
Baileigh Industries
BLM Group
Bystronic
DANOBATGROUP
Euromac
HACO
Horn Machines Tools
PEDAX GmbH
Pines Engineering & H&H Tooling
Prima Industrie S.p.A
Shuz Tung Machinery Industrial Co Ltd
Soco Machinery
Transfluid Maschinenbau GmbH
TRUMPF
WAFIOS AG
Others
Segmentation Analysis
The global automated bending machine market segmentation focuses on Type, Technology, Application, and Region.
Segmentation based on Type
Automatic
o Upto 10 ton
o 10-20 ton
o More than 20 ton
Semiautomatic
Segmentation based on Technology
Electric
Hydraulic
Pneumatic
Induction
Segmentation based on Application
Tube/Pipe
Metal Sheet
Bar
Segmentation based on Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America