Metal Processing Machines Market Scope And Analysis

Report Code : TIPRE00029923
Category : Manufacturing and Construction

Status : Published
No. of Pages : 331

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Metal Processing Machines Market Scope and Analysis Report by 2030

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Metal Processing Machines Market Report Scope

Report Attribute	Details
Market size in 2022	US$ 24.3 Billion
Market Size by 2030	US$ 35.2 Billion
Global CAGR (2022 - 2030)	4.8%
Historical Data	2020-2021
Forecast period	2023-2030
Segments Covered	By Press Brake Type Bending Method Application By Laser Cutting Machine Technology Process Industry By Bending Machine Type Application Product
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	TRUMPF Bystronic Group PRIMA INDUSTRIE S P A AMADA CO LTD Salvagnini Italia SPA Baykal Makina LVD Company NV Dener Makina Ermaksan

Recent Developments

Inorganic and organic strategies such as mergers and acquisitions are highly adopted by companies in the metal processing machines market. A few recent key market developments are listed below:

In 2022, LVD introduced Puma, a new cost-efficient fiber laser cutting machine designed to provide high-technology features and performance at a lower total cost of ownership. With 3-, 6- or 12-kW laser in 3050 x 1525 mm, 4065 x 2035 mm, and 6160 x 2035 formats and automation-ready, Puma provides the ability to manage diverse cutting applications.
In 2021, Ermaksan installed a 10 kW FIBERMAK series laser cutting machine equipped with TOWERMAK fully automatic loading and unloading systems in the customer site, Serbia.
In 2022, At the Tube trade fair, the high-tech company TRUMPF is set to unveil a new automated loading solution for laser tube-cutting machines. Developed in collaboration with storage-system manufacturer STOPA, the new solution from TRUMPF automatically transfers tubes from the storage system to the tube-cutting machine.
In 2021, The high-tech company TRUMPF presented the new generation of the TruLaser Series 1000 –with more productivity, process stability, and cost-effectiveness. The Highspeed Eco function is being used on this machine type for the first time.
In 2023, LVD Company NV has acquired the solutions business unit of KUKA Automatisering + Robotics NV in Houthalen-Helchteren and launched a new company, LVD Robotic Solutions by which will significantly advance LVD's expertise and market reach in robotics automation.