ROLL FORMING MACHINE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)
The global roll forming machine market is estimated to be valued at USD 9.34 Bn in 2024 and is expected to reach USD 11.95 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 3.6% from 2024 to 2031. Roll forming is a metal forming technique that involves shaping of metal sheets or strip materials into custom profiles by compressing or deforming the material between sets of rolls. It is widely used in various end-use industries such as construction, automotive, and industrial machinery for applications including roofing, siding panels, gutters, and structural members. The roll forming process provides advantages such as high production rates, accuracy in shaping, tighter tolerances, minimal waste generation, and cost-effectiveness. Rising construction activities around the world and growing automotive sales are some of the key factors driving increasing demand for roll forming machines. Advancements in machine design have further enhanced capabilities and efficiency. This has encouraged wider adoption of roll forming across different manufacturing sectors.
Market Dynamics
The global roll forming machine market is anticipated to grow at a steady pace during the forecast period. Some of the major growth drivers propelling the market include rising spending on commercial and residential infrastructure in developing economies, steady recovery in automobile production post-pandemic disruptions, and advancing automotive light-weighting trends utilizing roll formed components. However, economic uncertainties linked to COVID-19 outbreak continue to pose challenges to the market. On the other hand, increasing R&D towards the development of high-speed roll forming systems, multi-task machines, and robotically-integrated production lines are expected to unlock new opportunities for market players. Integration of automation, digitization, and advanced process controls in roll forming also hold significant potential.
Key Features of the Study
- This report provides in-depth analysis of the global roll forming machine market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global roll forming machine market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Formtek, LLC, JMT USA, BLM GROUP, A. K. K. Machinery, HSGM (Huangshan Gangming Machinery Co., Ltd.), Haeusler AG, T&H Lemont, G. A. S. International, Dalian Sanyou Machinery Co., Ltd., Wicona, KUKA AG, Baileigh Industrial, H. W. St. John, Inc., CSM Machinery, and TMT Machinery
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global roll forming machine market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global roll forming machine market
Market Segmentation
Table of Contents
*Browse 32 market data tables and 28 figures on 'Roll Forming Machine Market' - Global forecast to 2031
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