What is Global CNC Pipe Bender Market?
The Global CNC Pipe Bender Market is a comprehensive study of the various aspects of the CNC Pipe Bender industry, including its growth, trends, and forecasts. CNC, or Computer Numerical Control, Pipe Benders are machines that are used to bend pipes or tubes in various industries. These machines are programmed to bend pipes or tubes to specific angles and are highly efficient and accurate. The global CNC Pipe Bender market is a significant part of the manufacturing industry, contributing to various sectors such as automotive, aerospace, home appliances, and general industries. The market is driven by the increasing demand for efficient and high-quality pipe bending machines. The global CNC Pipe Bender market was valued at US$ 468 million in 2022 and is expected to reach US$ 652.3 million by 2029, growing at a CAGR of 4.8% during the forecast period 2023-2029.
Fully Electric CNC Pipe Bender, Hybrid CNC Pipe Bender, Hydraulic CNC Pipe Bender in the Global CNC Pipe Bender Market:
The Global CNC Pipe Bender Market is segmented into Fully Electric CNC Pipe Bender, Hybrid CNC Pipe Bender, and Hydraulic CNC Pipe Bender. The Fully Electric CNC Pipe Bender is the most popular type, accounting for about 70% of the market share. These machines are known for their high precision, speed, and energy efficiency. The Hybrid CNC Pipe Bender combines the benefits of both electric and hydraulic systems, offering a balance of efficiency and power. The Hydraulic CNC Pipe Bender, on the other hand, is known for its robustness and ability to handle heavy-duty tasks. Each of these types has its own set of advantages and is chosen based on the specific requirements of the industry.
Aerospace, Automotive, Home Appliances, General Industry, Others in the Global CNC Pipe Bender Market:
The Global CNC Pipe Bender Market finds its application in various sectors such as Aerospace, Automotive, Home Appliances, General Industry, among others. In the Aerospace industry, CNC Pipe Benders are used to bend pipes used in aircraft and spacecraft. In the Automotive industry, these machines are used to bend pipes used in vehicles, such as exhaust pipes. In the Home Appliances sector, CNC Pipe Benders are used to bend pipes used in various appliances like refrigerators, washing machines, etc. In the General Industry, these machines are used for various purposes, including construction, plumbing, and more. Each of these sectors has its own set of requirements and uses for CNC Pipe Benders, contributing to the growth of the Global CNC Pipe Bender Market.
Global CNC Pipe Bender Market Outlook:
The Global CNC Pipe Bender Market outlook highlights the growth and trends in the market. The market was valued at US$ 468 million in 2022 and is projected to reach US$ 652.3 million by 2029, growing at a CAGR of 4.8% during the forecast period 2023-2029. The top three players in the market hold about 20% of the global market share. The Fully Electric CNC Pipe Bender is the most popular type, accounting for about 70% of the market share. The General Industry is the main application of CNC Pipe Benders, holding about 45% of the market share. This data provides a comprehensive overview of the current state of the Global CNC Pipe Bender Market and its future growth prospects.
Report Metric | Details |
Report Name | CNC Pipe Bender Market |
Accounted market size in 2023 | US$ 492.4 million |
Forecasted market size in 2029 | US$ 652.3 million |
CAGR | 4.8 |
Base Year | 2023 |
Forecasted years | 2023 - 2029 |
Segment by Type |
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Segment by Application |
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Production by Region |
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Sales by Region |
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By Company | BLM GROUP, Numalliance, SOCO Machinery, Schwarze-Robitec, CHIYODA KOGYO, AMOB, YLM Group, Opton, CSM, COMCO, Unison Ltd, Transfluid Maschinenbau GmbH, Crippa, VLB Group, King-Mazon Machinery, SANCO GROUP, Herber Engineering AB, Dengler Tube, Taiyo Corporation, WAFIOS, Jiangyin Machinery, Hefeng Group, Pedrazzoli, Jiangsu Hetai, Jiangsu Zhongwan, Chittak |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |