A roll forming machine is a piece of machinery that bends a long sheet metal strip into the correct cross-section in a continuous motion. The great efficiency of the roll forming machine, as well as the desire to reduce labor requirements, are driving demand for roll forming machines. Furthermore, rising construction activity all across the world is driving up demand for wall panels, steel framing, and metal roofing, propelling the roll forming machine market forward.
MARKET SCOPE
The "Global Roll Forming Machines Market Analysis to 2028" is a specialized and in-depth study of the Roll forming machines Market with a special focus on the global market trend analysis. The report aims to provide an overview of roll forming machines market with detailed market segmentation by operation, portability, end-user and application. The global roll forming machines market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading roll forming machines market player and offers key trends and opportunities in the roll forming machines market.
MARKET SEGMENTATION
- Based on operation the market is segmented as, manual and automatic.
- Based on portability the market is segmented as, non-profitable and portable.
- Based on end-user the market is segmented as, manufacturing, automotive, construction and others.
- Based on application the market is segmented as, open-loop stopping, open-loop flying die, closed-loop stopping, closed-loop flying die.
MARKET DYNAMICS
Drivers-
- The significant growth in metal forming output is driving up demand for roll forming machines, which is boosting up the roll forming machines market.
- Furthermore, increased demand for roll forming machines to manufacture automobile parts such as rocker panels, bumpers, door beams, crash tubes, and other parts is likely to propel the roll forming machines market forward.
Restraints-
- However, the high cost associated with the machine and the availability of various alternatives may restrain the growth of the roll forming machine market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global roll forming machines market based on various segments. It also provides market size and forecast estimates from year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The roll forming machines market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting roll forming machines Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the roll forming machines market in these regions.
IMPACT OF COVID-19 ON ROLL FORMING MACHINES MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The reports cover key developments in the roll forming machines market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from roll forming machines market are anticipated to lucrative growth opportunities in the future with the rising demand for roll forming machines market. Below mentioned is the list of few companies engaged in the roll forming machines market.
The report also includes the profiles of key roll forming machines market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Bradbury Co., Inc.
- CHERNG JI Industrial Co., Ltd.
- Dallan S.p.A.
- Englert Inc.
- Formtek, Inc
- GASPARINI S.p.A.
- IL KWANG Metal Forming Co., Ltd.
- Metform International Ltd.
- Samco Machinery Ltd.
- ZHONGYUAN Forming Machine