Market Size in 2023 | Market Forecast in 2032 | Growth Rate (in %) | Base Year |
---|---|---|---|
USD 1.87 Billion | USD 4.02 Billion | CAGR at 8.90% | 2023 |
According to the report published by Zion Market Research, The Global Roll Forming Machine Market was valued at USD 1.87 Billion in 2023 and is predicted to reach USD 4.02 Billion by the end of 2032. The market is expected to grow with a CAGR of 8.90% during the forecast period.
This study provides an analysis of the growth drivers, growth restrictions, and influence on demand that are associated with the Global Roll Forming Machine Market over the time of forecasting. Additionally, it will assist in navigating and investigating the possibilities that are becoming available in the Roll Forming Machine Market market.
Roll forming is a type of rolling that involves the uninterrupted bending of sheet metals, which are long strips of coiled steel, into any preferred cross-section. In roll forming machines, in order to form the metal strips into desired shapes, they are passed through rolls that are placed on successive stands. Each set executes only a part of the bend until the cross section that is required is obtained.
The market for the roll-forming machine is globally fragmented into its process, machine type, type, product type, applications, and end-users.
Based on the process, the global market is segregated into mid-line punching, pre-punch, and post-punch. Based on the machine type, the market is categorized into manual and computerized.
Based on the type, the market is divided into non-portable and portable.
Based on the product type, the market is bifurcated into roof panels, C-Z purling, roofing sheet, ceiling sheet, and corrugated.
Based on the applications, the market is fragmented into open-loop flying dies, closed-loop flying dies, open-loop stopping, and closed-loop stopping.
Based on the end users, the market is segregated into automotive industry and manufacturing industry
Due to the increasing demand for roll forming machines from the automation industry and the manufacturing sector, the global roll-forming machine market is growing rapidly. Over the past few years, the most productive metal-forming technology has been the roll-forming machine; thus, its market demand has increased tremendously. The efficiency of the roll-forming machine is high, and thus the requirement for labor has gone down significantly. The problems that are faced by the roll forming machine market are compressed lead times, tighter profile tolerances, and wider product ranges. The difficulties that equipment-based manufacturers encounter are those relating to flexibility, the production of a wide variety of useful products, and the cost of the roll-forming machine.
Region-wise, the market for roll forming machine is diversified into North America, Asia Pacific, Western Europe, Eastern Europe, the Middle East and Africa, and Latin America. The region that is dominating the roll forming machine market is North America. In North America, the steel that is produced is processed with the help of roll forming machines and it is widely used in the automotive industry. The Western European region comes after North America. The overall global market for roll forming machine is expected to grow significantly in the remaining regions owing to the increasing number of opportunities in the manufacturing sectors.
Report Attributes | Report Details |
---|---|
Report Name | Roll Forming Machine Market Research Report |
Market Size in 2023 | USD 1.87 Billion |
Market Forecast in 2032 | USD 4.02 Billion |
Growth Rate | CAGR of 8.90% |
Number of Pages | 201 |
Key Companies Covered | Englert Inc., Form Process Engineering, Metform International Ltd., Formtek, Samco Machinery, Zeman Bauelemente – Mechanical Engineering, Howick Ltd., GASPARINI S.p.A., and Hayes International. |
Segments Covered | By Machine Type, By Process, By Type, By Product Type, By Applications, By End-Users and By Region |
Regions Covered | Latin America, North America, Asia Pacific, Europe, The Middle East, And Africa |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Customized purchase options are available to meet your exact research needs. Request For Customization |
The key market players that are involved in the roll-forming machine market are
By Process
By Machine Type
By Type
By Product Type
By Applications
By End Users
FrequentlyAsked Questions
Roll Forming Machine Market was valued at $1.87 Billion in 2023 and is projected to reach $4.02 Billion by 2032,
at a CAGR of 8.90% from 2023 to 2032.
The largest share of the Roll Forming Machine Market is held by Asia Pacific. Developing countries of Asia Pacific such as China, Japan, and India will be dominating the market scenario mainly due to the rising constructional activities. The growth of Asia-Pacific region is expected to be followed by the Middle East and North America. Also, significant growth is expected from Western Europe owing to the developments taking place in this region especially in countries such as Italy, Germany, the U.K, France, and Spain. However, growth in Africa, Latin America, and Eastern Europe is anticipated to be moderate over the forecast period.
Englert Inc., Form Process Engineering, Metform International Ltd., Formtek, Samco Machinery, Zeman Bauelemente – Mechanical Engineering, Howick Ltd., GASPARINI S.p.A., and Hayes International.
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