About Bar Bending Machines
Bar bending machine is also called as sariya bending machine. It is used in automotive and construction activities. It consist of coupling, motor, circular plate, extended shaft and worm gear drive. Motor is used to transmit power to gear box where speed is decreased and torque is increased. This machine is used to bend bar with the help of circular plate. This bending machines are used for bending bars into specific angles with specific thickness into arcs between 0 degrees and 180 degrees. Increasing industrial expenditure of automotive and construction industry has created demand for bar bending machine.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The market of is Bar Bending Machine expected to grow with rising demand for end use industry. Hence there are several companies are providing Bar Bending Machine with unique feature. Thus, the market is fragmented with the presence of market players. Additionally, many local vendors are also entering to market with excellent features which in turn impacting on the competitive rivalry. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Ellsen Bending Machine (China), Schnell Holding Spa (Spain), PRADA NARGESA S.L (Spain), Chiao Sheng Machinery Co., Ltd. (China), NICEMACH CO., LTD. (South Korea), KRB Machinery (United States), Stierli-Bieger AG (United States), Baileigh Industrial Holdings LLC (United States), Thorson Industries(India), Sona Vibrators (India) and Spartan Engineering Industries Pvt.Ltd. (India) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are SOCO Machinery Co., Ltd (Taiwan) and Van Sant Enterprises, Inc (United States).
Segmentation Overview
AMA Research has segmented the market of Global Bar Bending Machines market by Type (Portable Bar Bending Machine, Bar Spiral Bender Machine and Manual Bar Bending Machine) and Region.
On the basis of geography, the market of Bar Bending Machines has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Power Source, the sub-segment i.e. Electric will boost the Bar Bending Machines market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Use, the sub-segment i.e. Automotive will boost the Bar Bending Machines market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Operation , the sub-segment i.e. Automatic will boost the Bar Bending Machines market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Huge Demand for Automatic Bar Bending Machines
Market Growth Drivers:
Rising End Use Expenditure of Automotive, Construction Industries and Growing Adoptions for Machines at Metal Processing’s
Challenges:
Lack of Technical Personnel Handling and Negative Impact on Pandemic on End Use Industries like Automotive and Construction
Restraints:
Huge Investment Requirement for Setup and Manufacturing
Opportunities:
Rising Industrial Inclination towards Less Manual involvement has Created Growth Opportunities and Increasing Automation and Technological Advancements with Machine Learning
In December 2019, Spartan is a leading brand in Bar Bending & Cutting machines has launch a new CE approved premium export quality Gladiator Plus series of Bar cutting and bending machines. This portfolio is robust, rugged and safer to use. This machines are widely witnessing demand for automotive and construction industry.
Key Target Audience
Bar Bending Machine Manufacturers, Bar Bending Machine Suppliers/Distributors, Raw Material / Component Supplier, Regulatory Authorities, New Entrants/Investors, Strategic Business Planners, Governments and End Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.