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INDUSTRIAL AUTOMATION & EQUIPMENTS

Cut and Bend Equipment Market Segmentation by Product Type (Mesh Cutting and Bending, Cutting and Shaping, Straightening; By Operation Mode (Semi-Automatic, Automatic); By End User (Construction/Engineering Contractors, Manufacturing, Steel, Wire/Mattress); By Region – Global Demand Analysis & Opportunity Outlook 2027

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Extensive insights into the Growth of Cut and Bend Equipment Market amidst COVID-19

Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.

Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.

We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.

In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months.                                                         Request Insights

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Cut and Bend Equipment Market Overview

Cut and bend is referred as the value added solution for fabrication and optimization of rebar in the manufacturing industry. The cut and bend are prepared from specialized machinery which ensures zero wastage and high precision in the form of scrap. Cut & bend equipment has numerous applications in the construction industry based on its different shapes, size, and quantities. The equipment helps in managing the inventory better which not only reduces the space requirement for keeping the rebars but also assists in saving costs associated with labor and wastage. Demand for integrated equipment for reinforcing processes is expected to increase over the forecast period due to the growing popularity of cut & bend equipment for cutting, bending, shaping, meshing, and others purposes. Advanced automated cutting equipment are capable of performing multiple operations such as cutting and bending, stirrups, and straightening with the use of coil and rebar material. These have wide applications in industries such as automobile, aerospace, electronics, textile, food, construction and mining industries.

Development of advanced technologies which include multi axis cutting as well as three dimensional cutting is expected to ease the cutting process which further facilitates the market growth. Additionally, these equipment are also utilized in manufacturing of metal gaskets for automobiles, clutches and disc brakes. These equipment are also utilized in the production of various components for racing cars such as vehicles bodies, decorative fittings and brackets. They also finds application in the electronic sector such as cutting and designing of circuit boards and control panels utilized in the production process of components for generator and electrical enclosures. Rising construction and engineering operations across the world is projected to accelerate the market growth during the forecast period (2019-2027).

Market Size and Forecast

The cut and bend equipment market is anticipated to record a CAGR of around 9.26% over the forecast period. The market is segmented by product type into mesh cutting and bending, cutting and shaping, straightening; by operation mode into semi-automatic and automatic; by end user into construction/engineering contractors, manufacturing, steel, and wire/mattress. Cutting and shaping segment is projected to capture the largest market share owing to improvement in the machine by replacing conventional stirrup machines with high strength stirrup machines. CLICK TO DOWNLOAD FREE SAMPLE

cut and bend equipment market Graph

Growth Drivers

Extensive Use of Cutting Equipment

Increasing demand of fabricated metal sheets in the manufacturing industry requires better cutting equipment with better finishing operations. Also, the machines used in industrial manufacturing sector incorporate state-of-the-art technologies to maintain high precision and quality as the industry require high value outputs. The automobile sector also requires cutting tools for generating teeth on gears. Further, the exponential boom in the Unmanned Aerial Vehicle (UAV) manufacturing industry is also projected to positively impact the market growth over the forecast period.

Advancement in Automation

Automatic bending equipment can increase the production of components through its fast and easy to use bending quality. The application of smaller bars of automated cutting system can significantly produce more tonnage of fabricated metal pieces and also perform cutting and bending in a single process. Increasing accuracy and speed of equipment can reduce man hours, labor and scrap, thus resulting in enhanced production. Increasing focus on advanced metal cutting equipment is estimated to boost the market growth over the forecast period.

Minimal Surface Defects

Cut and bend equipment exhibit a high degree of reliability and efficiency while performing their cutting operations. As compared to electrical equipment, they produce less thermal and mechanical stress. Further, they do not result in the formation of Heat Affected Zones (HAZ) that could result in metallurgical defects over the surface of material. Additionally, improved design of cut and bend equipment is anticipated to propel the growth of the market.   

Restraints

High Cost

Cut and bend equipment require high initial setup cost and regular maintenance which further results in increased operational cost. Additionally, availability of additional resources such as nonstop power supply while setting up these machines is also needed for cutting operations. The automated cutting equipment has higher cost as compared to semi-automatic ones. Also, they are bulkier due to in-built components needed for automatic functions which is further estimated to hamper the market growth over the forecast period.

Market Segmentation

Our-in depth analysis of the cut and bend equipment market includes the following segments:

By Product Type

  • Mesh Cutting
  • Bending Cutting
  • Shaping
  • Straightening

By Operation Mode

  • Semi-Automatic
  • Automatic

By End user

  • Construction/Engineering Contractors
  • Manufacturing
  • Steel
  • Wire/Mattress

By Region

On the basis of regional analysis, the cut and bend equipment market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.

Asia Pacific market is anticipated to capture the largest market share in the cut and bend equipment market owing to growing infrastructure and construction activities encouraging the market growth. Industrial product manufacturers are focusing on advanced technology products due to rapid adoption of Industrial Internet of things (IIoT) in the region. With increasing awareness for better infrastructure and rising government initiatives, Asia Pacific region is expected to hold a significant revenue share by 2027.

The cut and bend equipment market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC,  Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis.
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis

Top Featured Companies Dominating the Market

  •  Toyo Kensetsu Kohki  
    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis
  • Eurobend S.A
  • KRB Machinery
  • M.E.P. Macchine Elettroniche Piegatrici S.p.A
  • Progress Holding AG
  • Progress Investment Management
  • Schnell Spa
  • SweBend
  • TabukSteel
  • TJK Machinery (Tianjin)
  • Other Prominent Players

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