Global Cut & Bend Equipment Market - Snapshot
Cut & bend equipment has numerous applications in the construction industry based on its different shapes, size, and quantities. Cut & bend equipment is used for cutting and bending purposes. 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. Integrated equipment are capable of performing multiple operations such as cutting and bending, stirrups, and straightening with the use of coil and rebar material.
The cut & bend equipment market has been classified based on product type, operation mode, end-user, and region. Based on product type, the market is segmented into mesh cutting & bending, cutting & shaping, straightening, and others. Cutting & shaping is sub segmented into stirrups and bar shaping. Others segment includes cage, shears, etc. Cutting and shaping machines have the highest market share. Under cut and shape machines, stirrup machines hold the largest share currently, and is projected to continue its dominance throughout the forecast years. This is due to the improvement in the machine by replacing conventional stirrup machines with high strength stirrup machines. Based on operation mode, automatic cut & bend equipment are a more convenient form of equipment due its advantages such as less manual intervention and faster processing (cutting, bending). Benefits include reduced manpower requirement, better speed, lesser scrap generated, and higher resultant production. However, this equipment has higher cost as compared to semi-automatic ones. Also, automatic machines are bulkier due to in-built components needed for automatic functions. In terms of end-user, construction/engineering contractors holds a significant share as the processing on bars such as cutting and bending, etc. are majorly performed on construction sites as per the requirement. Various factors such as increasing demand for smart cities in emerging countries, growing construction activities across the world, and demand for steel products in the infrastructure and real estate sector boosts the growth of the cut & bend equipment market.
Based on region, the cut & bend equipment market can be classified into Middle East & Africa, Europe, South America, Asia Pacific, and North America. Growing infrastructure and construction activities worldwide is encouraging the construction material market. Industrial product manufacturers are focusing on advanced technology products due to rapid adoption of Industrial Internet of Things in the Asia Pacific region. Moreover, increasing awareness about better infrastructure and government initiatives has resulted in growth of the construction and steel industry and in turn the cut & bend equipment market.
The cut & bend equipment market is influenced by the presence of many local and regional companies. Key operating players in the global cut & bend equipment market include 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) Co, Ltd, . and Toyo Kensetsu Kohki CO., LTD. These players are estimated to face stiff competition due to the presence of a large number of local and regional players. Key players are mainly focusing on research & development activities and product innovation in order to strengthen their presence in the market.
Global Cut and Bend Equipment Market: Overview
The report on the cut and bend equipment market provides analysis for the period 2016–2027, wherein the period from 2018 to 2027 is the forecast period and 2017 is the base year. The report covers all the major trends and key drivers playing a major role in the growth of the cut and bend equipment market over the forecast period. It also highlights the drivers, restraints, and opportunities expected to influence the market’s growth during the said period. The study provides a holistic perspective on the growth of the cut and bend equipment market throughout the above mentioned forecast period in terms of revenue (in US$ Mn) and volume (in Thousand Units), across different geographies such as Asia Pacific, South America, North America, Europe, and Middle East & Africa (MEA).
Global Cut and Bend Equipment Market: Key Segments
The global cut and bend equipment market has been segmented based on product type, operation mode, end- user, and geography. Based on product type, the market has been classified into mesh cutting & bending, cutting &shaping, straightening, and others. The cutting & shaping segment is sub segmented into stirrups and bar shaping. Based on operation, the market is segmented into automatic and semi-automatic. Based on end-user, the market is classified into construction/engineering contractors, manufacturing, steel, wire/mattress, and others.
The market in North America has been divided into the U.S., Canada, and Rest of North America. Similarly the market in Europe has been classified into Germany the U.K., France, and Rest of Europe. Asia Pacific has been segmented into China, Japan, India, and Rest of Asia Pacific. Middle East & Africa covers the G.C.C. countries, South Africa, and Rest of Middle East & Africa. Similarly South America includes Brazil and Rest of South America. This report provides all the essential information required to understand the cut and bend equipment market product types and their operation mode.
Global Cut and Bend Equipment Market: Scope of the Study
The report includes key developments in the cut and bend equipment market. Porter’s Five Force analysis, which identifies the bargaining power of suppliers, bargaining power of buyers, threat from new entrants, threat from substitutes, and degree of competition in the cut and bend equipment market is also included in the report. Value chain analysis which shows work flow in the cut and bend equipment market and identifies raw material supplier service providers and distribution channels is covered in the report. Segment trends and regional trends have been highlighted. The report also covers price trend analysis and trade data. Furthermore, the report covers incremental opportunity analysis and identifies and compares segments’ attractiveness on the basis of CAGR and market share index across North America, Europe, Asia Pacific, Middle East & Africa, and South America. The same has also been provided for each segmentation category i.e. product type, operation mode, end-user, and region in the scope of the study. The report covers region-wise share analysis of the cut and bend equipment market, policy and regulations region-wise, and buying behavior under the report scope.
Global Cut and Bend Equipment Market: Competitive Landscape
The report also includes the competition landscape, which comprises the competition matrix, market share analysis of major players in the global cut and bend equipment market based on their 2017 revenues, and profiles of major players. The competition matrix benchmarks leading players on the basis of their capabilities and potential to grow. Factors such as market position, offerings, and R&D focus are attributed to a company’s capabilities. Factors such as topline growth, market share, segment growth, infrastructure facilities, and future outlook are attributed to a company’s potential to grow. This section also identifies and includes various recent developments carried out by leading players in the cut and bend equipment market. 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) Co, Ltd, . and Toyo Kensetsu Kohki CO., LTD are some of the major players operating within the global rebar processing equipment market profiled in this study. Details such as business strategies, recent developments, and other such strategic information pertaining to these players have been duly provided as part of company profiling.
The global cut and bend equipment market is segmented as follows: -
Global Cut and Bend Equipment Market, by Product Type
- Mesh Cutting & Bending
- Cutting & Shaping
- Bar Shaping
Global Cut and Bend Equipment Market, by Operation Mode
Global Cut and Bend Equipment Market, by End-user
- Construction/Engineering Contractors
Global Cut and Bend Equipment Market, by Region
- North America
- The U.S.
- Rest of North America
- The U.K.
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- GCC Countries
- South Africa
- Rest of Middle East &Africa
- South America
- Rest of South America