Expected to reach US$ 11 Billion in 2022, the roll forming machines market is forecast to grow at a value CAGR of 4.3% until 2032, expected to close at a valuation of US4 16.76 Billion.
Data Points
Key Statistics
Market Value in 2022
US$ 11 Billion
Market Value in 2032
US$ 16.76 Billion
Growth Rate (2022-2032)
4.3% CAGR
Increasing Demand for Roll Forming Machines from Automobile Industry to Play a Crucial Role in the Growth of Roll Forming Machine Market
With the advent of modernization, the development of the packaging industry has become significant at a global level. The packaging industry plays a crucial role in the overall business cycle development of industrial growth. Roll forming is becoming a vital constituent of the packaging industry as the high efficiency of roll forming machines has drastically reduced the labor content of many products.
Future Market Insights recent study suggests that the global Roll Forming Machine market is driven by the manufacturing and automation industry as roll forming has a significant and puzzling peculiarity.
In addition to this, the FMI report further indicates that the demand for Roll Forming Machines is driven by technological advancements such as emergence of automated servo-electric roll forming machines, enhanced product design, improved materials, better and more efficient equipment, improved tooling and better educated and motivated workforce.
Consumers are increasingly becoming interested in purchasing vehicles owing to the rise in the per capita income. This rapid inclination is helping in the growth of the Roll Forming Machines market. As the sales of automobiles rise, the demand for roll forming machines increases.
Research shows great potential of Roll Forming Machine that provide all the features such as-
Higher durability
Cost- efficiency
Versatility and Long life span
Eliminates shipping damages
Customer experience
Revenue and profit growth
Easy to use designs
Achieves rapid variations
Business model innovation
Availability of different sizes, styles and colors
To reach potential outcomes, organizations are investing in intelligent and innovative Roll Forming Machines. Moreover, companies in the market are adopting new technology and launching new products. Furthermore, the market is increasingly witnessing the development of high-end machinery and equipment for industrial applications.
For instance, The Welser Profile group successfully promoted its custom cold roll formed sections in the North American market. Welser Profile announced the acquisition of Superior Roll Forming. Superior Roll Forming contributes enormously to its product portfolio, delivering benefits from further diversification in the North American Market.
The acquisition of Superior Roll Forming was aimed at building the cornerstone for future activities on the continent. The family-run business continuously drives innovation in the roll forming industry by developing complex cross sections specific to customers' needs and requirements.
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Roll Forming Machine Market Overview
Roll forming is a type of rolling involving the continuous bending of long strips of sheet metal which are typically coiled steel into any desired cross-section. In roll forming machines the metal strips which are to be formed into desired shapes are passed through sets of rolls mounted on consecutive stands, where each set only performs an incremental part of the bend, till the desired cross-section is obtained.
Roll forming machines are ideal for large quantities, producing constant-profile parts with long lengths. Roll forming machines are available in different sizes, shapes, and material thickness. Roll forming machine achieves variations in size by making the distance between the rolls variable by computerized or manual adjustments which allows rapid changeover.
The portable based roll forming machines has been bringing metal roof manufacturing to the job site making it easy for the requirements. On site roll forming machines eliminates shipping damages many size errors and short shipments and provides freight and packaging savings.
Global Roll Forming Machine Market: Market Dynamics
The global roll forming machine market is driven by manufacturing and automation industry as roll forming has a significant and a puzzling peculiarity. Since past few years roll forming machine has developed to be the most productive metal forming technology. Owing to the high efficiency of roll forming machine the labor content of many products is drastically reduced.
The challenges faced by the roll forming machine market would be the tighter profile tolerances, compressed lead time, wider product ranges. The equipment based manufactures who use roll forming machines face problem with more flexibility, cost of the roll forming machine and to produce a wide range of products which are productive.
The challenges with roll forming machine can be eliminated by enhanced product design, improved materials, better and more efficient equipment, improved tooling and better educated and motivated work force. The progress of the roll forming machine market is driven by fast changing technology tougher requirements and growing global competition. With tougher requirements it takes more time and costs more for the roll forming machine.
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Global Roll Forming Machine Market: Segment Overview
Global roll forming machine are widely used by manufacturing and automation industries.
Global Roll Forming Machine Market: Regional Overview
Based on the geographies, the global roll forming machine market is fragmented into seven key regions- Latin America, North America, Eastern Europe, Western Europe, Middle East & Africa Asia-Pacific except Japan, Japan.
Among the regions mentioned above in North America most of the steel produced are processed through roll forming machines which is widely used in automotive industry. Followed by Western Europe Overall the global roll forming machine market are expected to witness the high growth with increased opportunities in the manufacturing environment over the next forecasted year.
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Global Roll Forming Machine Market: Market players
Some of the market players identified in the global roll forming machine market includes:
Samco Machinery
ENGLERT INC.
Zeman Bauelemente – Mechanical Engineering
Form Process Engineering
Howick Ltd
Metform international Ltd.
GASPARINI S.p.A.
Formtek
Hayes International
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.
The report covers exhaustive analysis on
Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Regional analysis includes
North America (U.S., Canada)
Latin America (Mexico, Brazil and Rest of Latin America)
Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg and Rest of Western Europe)
Eastern Europe (Poland, Russia and Rest of Eastern Europe)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, and Rest of MEA)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Global Roll Forming Machine Market: Market Segmentation
On the basis of process, the global roll forming machine market is segmented into:
Pre-punch
Mid-line punching
Post punching
On the basis of machine type, the global roll forming machine market is segmented into:
Computerized
Manual
On the basis of type, the global roll forming machine market is segmented into:
Portable
Non portable
On the basis of product type, the global roll forming machine market is segmented into:
Roofing sheet
Roof panel
Ceiling sheet
C-Z purling
Corrugated
On the basis of application, the global roll forming machine market is segmented into:
Open loop stopping
Open loop flying die
Closed loop stopping
Closed loop flying die
On the basis of end users, the global roll forming machine market is segmented into:
Manufacturing industry
Automotive industry
Report Highlights
Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint.
