NEW YORK, June 30, 2021 /PRNewswire/ --
The press brakes market is poised to grow by USD 413.87 million during 2021-2025, decelerating at a CAGR of over 5% during the forecast period.
NEW YORK, June 30, 2021 /PRNewswire/ --
The press brakes market is poised to grow by USD 413.87 million during 2021-2025, decelerating at a CAGR of over 5% during the forecast period.
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The market is driven by the increase in demand for CNC press brakes. In addition, the incorporation of press brakes with IoT is anticipated to boost the growth of the press brakes market.
CNC machines provide a 3D view of the final product to be produced. Parameters such as the type of material, length of the flange, degree of bend, and the amount of thickness can be directly entered into the CNC software. This enables operators to arrange a sequence of operations easily. Moreover, the use of CNC machines increases the efficiency and accuracy of the product manufactured from the machine. With the growing demand for CNC manufactured products globally, the demand for CNC press brakes will increase during the forecast period.
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Major Five Press Brakes Companies:
ADIRA - METAL FORMING SOLUTIONS SA
The company offers a range of press brakes under the product line, BB Blue Bender (electric), PA/PA Plus (Hydraulic), PF Press Fast (Hybrid), and PH Press Heavy.
AMADA Co. Ltd.
The company offers a wide range of press brakes under HG Series, HG-ATC Series, HRB Series, HRB-ATC Series, HD-NT Series, and RG-M2 Series.
Baileigh Industrial Holdings LLC
The company offers various hydraulic press brakes such as manual press brakes, horizontal press brakes, and vertical press brakes.
CINCINNATI Inc.
The company manufactures and offers various press brakes under the product line, HYFORM, MAXFORM, AUTOFORM+, PROFORM+, BASEFORM, and large press brakes.
Dimeco Group
The company offers various types of press brakes under the brand Flexipress.
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Press Brakes Market Product Outlook (Revenue, USD mn, 2020-2025)
Press Brakes Market Application Outlook (Revenue, USD mn, 2020-2025)
Press Brakes Market Geography Outlook (Revenue, USD mn, 2020-2025)
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