Metal Folding Machine Market - Introduction

Metal folding processes can be called bending, edging, braking, and flanging. Metal folding is an important stage in the metal fabrication process. Metal folding covers all the processes such as folding, bending, and pressing of sheet metal into a predetermined shape. Metal folding machines are used to create various products such as enclosures, pipes, and boxes. A sheet metal can be reshaped in many ways. This includes rolling, bending, shearing, and indenting. Advanced metal folding technology includes high-speed bending cells and automated panel bender machines. For instance, sheet metal fabricators adopt advanced 3D CADCAM systems to develop and design complex folded components.

metal folding machine market

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Metal Folding Machine Market - Competitive Landscape

Amada Co. Ltd.

Founded in 1951, Amada Co. Ltd. is headquartered in Isehara, Kanagawa Prefecture, Japan. The company engages in manufacture, sale, leasing, maintenance, repair, inspection, and checking of metal working machinery and tools. It operates through the following business divisions: Metal Cutting Machine, Machine Tool, Stamping Press, Sheet Metal Fabrication Machine, Precision Welding Machine, and Others. Amada Co. Ltd. operates in Asia, Europe, the Americas, and Africa.

Mitsubishi Heavy Industries, Ltd.

Established in 1950, Mitsubishi Heavy Industries, Ltd. is located in Tokyo, Japan. It develops, manufactures, and sells heavy machinery across the globe. The company provides gear cutting machines, cylindrical grinding machines, micro milling machines, special purpose machines, directed energy deposition AM systems, room temperature wafer bonding machines, metal folding machines, laser products, precision cutting tools, and precision position feedback detectors.

TRUMPF Group

Founded in 1923, TRUMPF Group is based in Ditzingen, Germany. The company is an expert in manufacture of machine tools and lasers. Furthermore, it offers printing, metal bending machine, drill driver, slat cleaners, welding, tube cutting, seam locker, power fastener, storage system, profile nibbler, marking, induction generators, and automation equipment. TRUMPF Group has 13,400 employees and offers its products around the world.

Dalian Machine Tool Group Corporation

Founded in 1948, Dalian Machine Tool Group Corporation is located in Dalian, China. The company manufactures industrial machinery tools and equipment. It manufactures milling machines, engraving machines, conventional lathes, bridge type machines, and drilling machines.

Key players operating in the global metal folding machine market include Hans Schröder Maschinenbau GmbH, CIDAN Machinery Americas, Jayson Machines, Chiao Sheng Machinery Co., Ltd., CMTS Sheet Metal Machines, ASCO Maschinenbau GmbH, and KMF Precision Sheet Metal Ltd.

Metal Folding Machine Market Dynamics

Emerging Technologies and Rapid Automation to Drive Metal Folding Machine Market

Rise in demand for advanced metal folding technology in the automotive industry is expected to boost the demand for metal folding machines in the next few years. Increase in disposable income of consumers and economic expansion are anticipated to propel the production of vehicles in the next few years. This, in turn, is estimated to drive the metal folding machine market across the globe. Growth in penetration of Computer Numerical Control (CNC) machines is another key factor projected to propel the demand for metal folding machines across the globe. CNC metal folding machines are automatic machine tools that allow for precise operation of stored programmable commands. On the other hand, an operator decides numerous machine parameters in conventional machines, including the depth and feed of cut according to the requirements. Integration of Internet of Things (IoT) in manufacturing is likely to be a major trend augmenting the market in the next few years.

High Cost of Automatic Metal Folding Machines to Hamper Market

High cost of automatic metal folding machines compared to manually operated machines and with volatility in construction activities due to the sudden economic turmoil across the globe are expected to hamper the global metal folding machine market in the near future. Automatic metal folding machine increases productivity; however, many small and medium sized enterprises across the globe cannot purchase these machines because of their high costs. This reduces the efficiency in penetration of manufacturers in the market, thereby restraining the global metal folding machine market.

metal folding machine market 1

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Metal Folding Machine Market: Segmentation

The metal folding machine market can be segmented based on:

  • Type
  • Mode of Operation
  • Application
  • Region

In terms of type, the global metal folding machine market can be divided into

  • Mechanical Metal Folding Machine
  • Hydraulic Metal Folding Machine
  • Electric Metal Folding Machine
  • Pneumatic Metal Folding Machine

Based on the mode of operation, the metal folding machine market can be bifurcated into

  • Conventional Metal Folding Machine
  • Computer Numerical Control (CNC) Metal Folding Machine

In terms of application, the global metal folding machine market can be segregated into

  • Manufacturing & Processing
  • Automotive
  • Building & Construction
  • Power Generation
  • Oil & Gas
  • Others (Transportation, Precision Engineering, etc.)

The metal folding machine market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The metal folding machine market report provides in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on market segments and geographies.metal folding machine market 2

 

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

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  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

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Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

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4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.

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