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CNC Tube Bending Machine Market Size, Share, Growth, and Industry Analysis, By Type (Fully Electric CNC Pipe Bender, Hybrid CNC Pipe Bender, Hydraulic NC Pipe Bender), By Application (Aeronautics & Astronautics, Automobile, Home Appliance, General Industrial & Others), Regional Insights and Forecast To 2032
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CNC TUBE BENDING MACHINE MARKET OVERVIEW
The global cnc tube bending machine market size was valued at USD 0.48 billion in 2023 and is projected to touch USD 1.43 billion by 2032, at a CAGR of 47% during the forecast period. Asia-Pacific holds leading position in cnc tube bending machine market share in 2023.
Presses and rollers are frequently used in conjunction with CNC tube bending machines to move the tubes and pipes through the operation. In general, CNC bending is bending that has been automated to increase productivity and efficiency. There are several different types of tube bending equipment, sometimes known as tube benders. They primarily operate electro mechanically. Modern technology advancements have enabled these machines to increase repeatability and speed up manufacturing. At the same time, they are cutting back on production errors on all scales.
There are various types of pipe and tubing benders. The needed bending radius, material, and other factors determine which bending procedure is best. The most popular kind of tube bender is a rotary draw bending machine. The machine operator first uses a clamp die to secure the tube or pipe on the machine. The bend die then begins to revolve around its axis. The stationary pressure die ensures that the tube follows the bend die’s radius at the same time. It enables the manufacturing of complex parts in batches because it is a very accurate and programmable machine.
COVID-19 Impact: Production Disruption Causes Market Distortion
The global COVID-19 pandemic has been unprecedented and staggering, with CNC tube bending machine market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The rise in CAGR is attributable to the CNC tube bending machine market growth and demand returning to pre-pandemic levels once the pandemic is over.
The COVID-19 epidemic presented challenges for machinery businesses in the form of uncertain markets, dwindling consumer confidence, and disruptions in import and export operations. The worldwide supply chain includes distribution, packaging, as well as sourcing of raw materials. Lockdowns had disrupted the transportation of tools, materials and machinery equipment’s. In addition, the shutdowns of hardware shops and services companies due to lockdowns had hindered the growth of the machinery & equipment industry to a large extent. The market’s abrupt transition was intolerable and caused numerous disruptions. Aside from that, the companies’ business operations have been affected by the outbreak, which has an effect on the overall tube bending machine industry. This has partially impacted the cnc tube bending machine market.
LATEST TRENDS
Technical Advancement to Boost the Market Growth
Electromechanical systems are used in CNC tube bending machine. The most recent technology advancements, including computer-controlled equipment, can speed up manufacturing and improve repeatability. They also lessen the amount of production faults at the same time. An excellent way for controlling three bending axes is provided by contemporary servo-mechanical control machine technology. The way that CNC tube bending machines work is fairly similar to how other systems work. To grow their customer base, businesses innovate and produce new products. With the development of technology, benders have become more stable, simple to use and maintain, quiet when in use, and more safe and environmentally friendly.
CNC TUBE BENDING MACHINE MARKET SEGMENTATION
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By Type Analysis
Based on type, the market is classified into Fully Electric CNC Pipe Bender, Hybrid CNC Pipe Bender, Hydraulic NC Pipe Bender.
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By Application Analysis
Based on application, the market is categorized into Aeronautics & Astronautics, Automobile, Home Appliance, General Industrial & Others.
DRIVING FACTORS
Development of Aerospace & Automotive Industry Gives the Market Extra Boost
Many different sectors require the ability to bend pipes. Applications for pipe bending can be found everywhere, including the shipbuilding, aerospace, aviation, and automotive industries. To reduce the ovality that happens when thin wall tubing is bent, the automotive sector uses bending machines. The interior radius of the bend’s wrinkles can also be reduced with the aid of bending machines. The aerospace and aviation sectors are other sectors that rely substantially on high-quality pipe bending. There is no room for error when it comes to bends in these sectors. These businesses use pipe bending machines to produce bends that are incredibly exact. Precision bend production is extremely crucial in the aerospace industry. As a result, the growth and advancement in the above fields will contribute to the expansion of the aerospace & automotive market and it will improve the overall cnc tube bending machine market growth.
Multi Function Properties that is Encouraging Market Growth
The product’s versatility is a result of both its logical design and straightforward use. Construction of public railroads, bridges, ships, boilers, furniture design, and home appliances are only a few of the industries that use CNC tube bending machine. The need for CNC tube bending machine is being driven by expansion in the industries and sectors that manufacture pipes. What distinguishes them from the competition is their stiffness, stability, and precision under extreme situations like high humidity or chilly temperatures. Due to rising sales, the market for CNC tube bending machine will grow at a lucrative rate with all of these multitasking components and driving factors.
RESTRAINING FACTORS
High Cost of Maintenance Obstructing the Market Growth
No matter how quick and effective they are, CNC machines are not perfect. They require maintenance and experience troubles much like any other kind of equipment or tool. Like with any equipment, there are several things you may do that might unintentionally harm these devices. Regular cleaning and lubrication are required for CNC machines. Machines for CNC pipe bending requires expensive upkeep. This is thought to be a significant element impeding the development of the pipe bending machine. Additionally, the fact that experienced experts and labor are needed to manage CNC pipe bender equipment serves as an additional barrier to the market’s expansion. The market will start to expand swiftly once there are fewer restricting factors, and a resolution to this problem will become apparent.
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CNC TUBE BENDING MACHINE MARKET REGIONAL INSIGHTS
Asia Pacific Dominating the Market Across the Globe
The expansion of the cnc tube bending machine market in the Asia Pacific is being aided by the region’s increasing urbanization and industrialization, which has increased the potential of sectors as this region is the highest consumer of the product. The key factor driving the growth of the cnc tube bending machine market share is cnc control technology offers revolutionary operating software and provides maximum flexibility due to a unique machine concept. Such characteristics of CNC pipe benders helps the market expand in various countries. Adopting technological developments will further boost the overall market.
KEY INDUSTRY PLAYERS
Leading Manufacturers to Boost Product Demand
Data about market participants and their relative positions within the industry are included in the analysis. Data is being gathered and made available through proper research, mergers, technical advancement, growing production facilities, and cooperation. The study on materials contains data on manufacturers, regions, types, applications, sales channels, distributors, traders, dealers, research findings, and more.
List Of Top CNC Tube Bending Machine Companies
- Numalliance (France)
- Schwarze Robitec (Germany)
- Chiyoda Kogyo (Indonesia)
- AMOB (U.S.)
- YLM Group (Taiwan)
REPORT COVERAGE
The analysis examines every aspect of the market, including market segmentation by type and application. The study examines a wide spectrum of players, including current and potential market leaders. Several significant variables are expected to fuel a sizable market expansion. The research also includes factors that are probably to increase cnc tube bending machine market share in order to provide market insights. Additionally, the research includes projections for market expansion throughout the predicted period. The objective of the regional analysis is to clarify why one region dominates the worldwide market. The market can’t grow because of a number of issues, all of which have been properly considered. Moreover, a market strategic analysis is included in the report. It contains comprehensive market data.
Attributes | Details |
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Market Size Value In |
US$ 0.48 Billion in 2023 |
Market Size Value By |
US$ 1.43 Billion by 2032 |
Growth Rate |
CAGR of 47% from 2024 to 2032 |
Forecast Period |
2024-2032 |
Base Year |
2024 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
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By Types
|
|
By Application
|
FAQs
Based on our research, the global cnc tube bending machine market size was valued at USD 0.48 billion in 2023 and is projected to touch USD 1.43 billion by 2032.
The CNC tube bending machine market is expected to exhibit a CAGR of 5.1% by 2032.
Development of aerospace & automotive industry gives the market extra boost & multi function properties that is encouraging CNC tube bending machine market growth.
Numalliance, Schwarze Robitec, Chiyoda Kogyo, AMOB, YLM Group are the top company’s operating in the CNC tube bending machine market.