Global Bending Machine Market 2018-2022
About bending machine
A bending machine is a machine tool that helps in bending the workpiece according to the requirement with the linear or rotational movement of the bending tool.
Technavio’s analysts forecast the global bending machine market to grow at a CAGR of 4.97% during the period 2017-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global bending machine market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of binding machines based on applications, power source, and geography.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Bending Machine Market 2018-2022
Technavio recognizes the following companies as the key players in the global bending machine market: AMADA HOLDINGS, AMOB, Conzzeta Management, Haco.com, Murata Machinery, TRUMPF
Commenting on the report, an analyst from Technavio’s team said: “One trend that is affecting the market is emergence of fully automated bending machines”
According to the report, one driver that is affecting the market is growth in global machine tools market”
Further, the report states that one challenge that is affecting the market is deformation in metals due to speed variations”