The global Edge Bending Machine Market size is expected to be valued at USD 284.1 Million in 2022. Growing application in the manufacturing industry is projected to propel the market growth. The overall demand for edge bending machines is projected to grow at a CAGR of 3.1% between 2022 and 2032, totaling around 385.6 Million by 2032.
Owing to technological improvements and R&D operations, the market now offers a variety of edge banding materials such as polyvinyl chloride (PVC), wood, and resins. Furthermore, the introduction of cutting-edge industry-grade hot-melt glue and heat applicators has boosted the use of edge banding materials, supported by,
Data Points | Key Statistics |
---|---|
Global Edge Bending Machine Market CAGR (2022 to 2032) | 3.1% |
Anticipated Market Value (2022) | USD 284.1 Million |
Global Edge Bending Machine Market (2032) | USD 385.6 Million |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
North America is dominating the global market as a result of increased sales volume from end-use industries such as automotive and heavy industries, which, in tandem with an increase in construction activity across the United States, Mexico, and Canada, is expected to drive industry expansion over the next eight years.
Additionally, increased investments by leading companies in producing high-quality goods at affordable costs will likely boost North America's regional market growth in the coming years.
Additionally, the fast-paced lifestyle of USA inhabitants and advances in manufacturing technology are assisting and abetting Edge Bending Machine makers in gaining new territory in the area.
Europe is likely to lead the Edge Bending Machine market due to contemporary lifestyle and customer desire for luxury furniture practices that align with market demands.
The expanding urban population and improved infrastructure have increased industrial machinery output, which is projected to propel the edge bending machine market in Europe. The notion of digital equipment has aided manufacturers' move from "hardware" to "hardware, software, and service" suppliers, leading to the development of new business models. This helps edge bending machinery manufacturers build a loyal client base and generate a steady revenue stream.
The global demand for Edge bending machines is projected to increase at a CAGR of 3.1% during the forecast period between 2022 and 2032, reaching a total of USD 284.1 Million in 2032, according to a report from Future Market Insights (FMI). From 2017 to 2021, sales witnessed significant growth, registering a CAGR of 2.6%.
Historically, the automotive industry observed substantial growth with the adoption of advanced tools and equipment for manufacturing automotive spare parts. With the transformation in designs and shapes over the years, the employment of edge bending machines has increased dramatically.
During the futuristic outlook, advances in the wood processing and furniture industry are likely to be heavily influenced by megatrends such as automation and digitalization. This is particularly reflected in control system technology and computer technology, which are key technologies that determine the expansion of the entire production as well as individual processing methods. Based on these advancements, the market growth for edge bending machines is anticipated to progress over the coming years.
Manufacturers concentrate on industries with low minimum numbers, excellent product machinability, and high precision in matching custom papers, high-pressure laminate, and melamine. Their product is ideal for the bespoke institutional cabinet market. It is extremely resistant to impact.
Their coil roll lengths in the 3mm product line are 165' to ensure low product memory retention. Compared to 2mm, they provide 1.4mm to provide exceptional cost competitiveness.
Makers are manufacturing and exporting Bending Machines at a high level. Machines that operate together. Furthermore, Makers provide these effective milling and sawing devices.
Manufacturers are developing artificial intelligence to forecast future energy consumption in buildings. The players are creating software that interfaces with BEMS and uses artificial intelligence (AI) to anticipate business energy requirements to optimize building energy use. The manufacturer claims that it can reduce energy use by up to 25%, lowering expenses and emissions.
Companies provide incredibly adaptable devices for applying PVC/ABS to straight or curved panels. The thickness of the banding material may range from 0.5 mm to 3 mm, and the machine is designed to fit panels ranging in thickness from 10-60 mm.
Furthermore, participants use semi-automatic equipment on which the preset length of PVC/ABS is to be bonded to the laminate, and the digital temperature may be adjusted for repeating workpieces. To achieve an efficient banding of PVC/ABS to the workpiece, the controller and speed regulator manage the glue temperature and tape feed rate, respectively.
Many major firms focus on a line of automatic single-sided edge banding machines designed specifically for craftspeople and businesses searching for user-friendly, customizable production and adaptable solutions in a small area.
Substrate bending is a vital and effective procedure in the manufacturing industry. Bending, like other manufacturing techniques, alters the shape of the work part while maintaining the same volume of material. Edge bending processes differ in their approaches to plastically deforming the substrate, with workpiece material, thickness, and size all playing important roles.
Bending is also used to significantly boost the strength and stiffness of a sheet or plate, as well as to eliminate sharp edges. Besides that, the edge bending process aids in the covering of a substrate's raw edges with a thin strip of PVC or perhaps another resinous material. The edge bending machine is intended for both contour and straight panel edge bending.
For high-volume edge bending in modern applications, an automated process utilizing grade heat applicators and hot-melt adhesive is used. Edge bending machines have excellent resistance, power efficiency, robust design, and vibration-free operation.
There are numerous edges bending machines available on the market, each with a different size and performance level. Woodworking tools have multiple operating units, including a pre-milling unit, end-cutting units, precision gluing and edge pressure units, and a rough trimming unit.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
Prosperous Manufacturing Industry is Likely to Foster Demand for Edge bending Machines
The primary factors propelling the global of the global edge banding machine market are steadily increasing industrial activities, surging demand for luxury furniture, advancements in fabrication techniques, and an increasing need for automatic industrial machines to reduce expenses and improve productivity.
Furthermore, advanced features such as maximum versatility, simplicity, equipment accuracy, the tendency to equip with scraping as well as brushing units, and ease of use in all working conditions are some of the major factors driving the edge bending machine market shortly.
Over the forecast period, revenue from edge bending machines is expected to expand at a rapid pace. The demand is anticipated to perform well shortly because edge bending procedures are primarily used throughout industrial sheet metal processing, which includes bending a tiny fraction of the metal coupled with excellent mechanical advantages when forming a curve.
Furthermore, the expanding manufacturing industry and the increasing use of office furniture are factors that will motivate edge bending machine market revenue growth shortly. Edge bending angles greater than 90 degrees, on the other hand, will necessitate a more complex machine capable of providing some horizontal force.
Enhanced Demand in Several End-use Industries to Boost Regional Sales
North America accounted for more than 20% of global revenue in 2019 owing to enhanced product demand from end-use sectors such as transportation and heavy industries, which, combined with an increase in construction activities across the United States, Mexico, and Canada since 2016 is expected to drive industry expansion over the next eight years.
Furthermore, rising investments by prominent players in manufacturing high-quality products at low costs are expected to bolster regional market growth in North America in the forthcoming years.
Furthermore, the fast-paced lifestyle of USA citizens, as well as advancements in manufacturing technology, are aiding and abetting manufacturers of Edge Bending Machine to gain new ground in the region. According to market research firm Future Market, the North American market accounts for nearly 16% of the edge bending machine market in 2022 and is predicted to exceed significantly in the coming years.
Mushrooming Construction Sector is projected to Place Europe at the Forefront of Edge bending Machine Market
The growing urban population and improvement in the quality infrastructure have caused a spike in the production of industrial machinery, which is expected to accelerate the Edge Bending Machine market in Europe.
The concept of digital machinery has facilitated the transition of manufacturers from "hardware" suppliers to "hardware, software, and service" suppliers, resulting in the development of new business models. This assists Edge Bending Machinery manufacturers in developing a loyal customer base and generating a consistent stream of revenue.
Because of the current lifestyle and consumer demand for luxury furniture practices that are aligned with market needs, Europe is expected to lead the Edge Bending Machine market. In 2022, the Europe region acquires nearly 18% share in the edge bending machine market and is projected to maintain significant growth throughout the forecast period, states Future Market Insights.
The Presence of Skilled Experts & Developed Infrastructure to Spur Demand for Edge bending Machine in the region
Because of the presence of qualified workers, advanced technology, established research and development infrastructure, and the presence of prominent players in the region, Asia-Pacific is anticipated to be the fastest market in the global edge banding machine market, followed by Europe and Japan.
In terms of revenue, Asia Pacific dominated the global market in 2019, accounting for more than 40% of the total. The region's dominance is expected to continue throughout the forecast period, owing to rising demand for automatic edge bending machines from emerging countries such as China and India.
The market in Asia-Pacific is poised to increase the fastest owing to the rising demand for wood products and the presence of prospective buyers. Furthermore, rising demand for automatic free edge bending machines and a highly unorganized market are some of the attributes likely to fuel the growth of the Asia Pacific edge bending machine market over the forecast period.
The global edge bending machine market is segmented into material type, product type, types of flanges, end-use type, and regions. Based on the end-use segment, the automotive industry subtype captures the highest share in 2022 and is expected to be the fastest-growing segment of the Edge bending Machine market during the forecast period.
Bending operation in sheet metal forming has been broadly used in manufacturing technology for mass production especially in the automotive industry as a shaping tool for molding into a desired shape and geometry, therefore keeping abreast of some of the trends in bending operation. These machines feature a comprehensive range of units, high feed speeds, and high-performance motors.
These machines also find their extensive usage in the furniture industry for providing the desired shape to the handle-less drawer, door frame, worktable, etc. The edge banding machine is used to band the straight and curved panel edges for custom furniture production.
Woodworking edge banding machines are divided into manual edge banding machines and automatic edge banding machines designed for stores and companies looking for efficient and precise edge banding services and solutions. The functions of automatic edge banding machines include pre-milling, gluing, sealing, end cutting, rough and fine trimming, corner rounding, scraping, and polishing.
The swelling dispersion of start-ups in the Edge Bending Machine market has improved product quality and inclined global sales. Besides, to gain a competitive advantage, new start-ups are working on innovative developments and launching new products such as:
Report Attribute | Details |
---|---|
Growth Rate | CAGR of 3.1% from 2022 to 2032 |
Market Value in 2022 | USD 284.1 Million |
Market Value in 2032 | USD 385.1 Million |
Base Year for Estimates | 2021 |
Historical Data | 2017 to 2021 |
Forecast Period | 2022 to 2032 |
Quantitative Units | Revenue in USD Million and CAGR from 2022 to 2032 |
Report Coverage | Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered | Route of Administration, End-user type, Region |
Regions Covered | North America; Latin America; Europe; The Asia Pacific; The Middle East and Africa |
Key Countries Profiled | The USA, Canada, Brazil, Mexico, Germany, The UK, France, Spain, Italy, China, Japan, South Korea, Malaysia, Singapore, Australia, New Zealand, GCC, South Africa, Israel |
Key Companies Profiled | SCM Group; SIMCO industrial machinery trd Co Ltd.; NTF Korfhage Maschinenbau GmbH; Edge Finisher Co.; Yadav Tools Company; Gelber-Bieger GmbH; Adamik Company; Intimate Machine Tools Company; Felder Woodworking Machines Private Limited; Shree Umiya F-Tech Machines Ltd; Shandong Hicas Machinery (Group) Co., Ltd.; Kreutz & Mock GmbH |
As of 2022, the edge bending machine market is slated to reach a valuation of USD 284.1 Million
From 2022-2032, sales of edge bending machines are expected to grow at a 3.1% CAGR
By 2032, Future Market Insights expects the edge bending machine market to reach USD 385.6 Million
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Edge Bending Machine Market Analysis 2016 to 2021 and Forecast, 2022 to 2032 5. Global Edge Bending Machine Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Material Type 5.1. Polvinyl Chloride (PVC) 5.2. Acrylonitrile- Butadiene- Styrene (ABS) 5.3. Melamine 5.4. Wood Veneer 5.5. Acrylic 5.6. Others 6. Global Edge Bending Machine Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Product Type 6.1. Portable 6.2. Non-Portable 7. Global Edge Bending Machine Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Types of Flanges 7.1. Straight Flange 7.2. Stretch Flange 7.3. Shrink Flange 8. Global Edge Bending Machine Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By End Use 8.1. Furniture Industry 8.2. Healthcare Industry 8.3. Automotive Industry 8.4. Electronic and Electrical Industry 8.5. Packaging Industry 8.6. Others 9. Global Edge Bending Machine Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Region 9.1. North America 9.2. Latin America 9.3. Western Europe 9.4. Eastern Europe 9.5. Asia Pacific 9.6. Japan 9.7. Middle East and Africa 10. North America Edge Bending Machine Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Country 11. Latin America Edge Bending Machine Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Country 12. Western Europe Edge Bending Machine Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Country 13. Eastern Europe Edge Bending Machine Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Country 14. Asia Pacific Edge Bending Machine Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Country 15. Japan Edge Bending Machine Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Country 16. Middle East and Africa Edge Bending Machine Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Country 17. Key Countries Edge Bending Machine Market Analysis 18. Market Structure Analysis 19. Competition Analysis 19.1. SCM Group 19.2. SIMCO Industrial Machinery trd Co Ltd. 19.3. NTF Korfhage Maschinenbau GmbH 19.4. Edge Finisher Co. 19.5. Yadav Tools Company 19.6. Gelber-Bieger GmbH 19.7. Adamik Company 19.8. Intimate Machine Tools Company 19.9. Felder Woodworking Machines Private Limited 19.10. Shree Umiya F-Tech Machines Ltd. 19.11. Shandong Hicas Machinery (Group) Co., Ltd. 19.12. Kreutz & Mock GmbH 20. Assumptions & Acronyms Used 21. Research Methodology
Explore Industrial Automation Insights
View Reports