Bandsaw Machines Market Snapshot (2023 to 2033)

The global bandsaw machines market is anticipated at USD 2.1 billion in 2022. Demand is likely to remain high for bandsaw machines during the assessment period. This is due to the increased mining operation and garnering USD 3.3 billion in 2033, recording a CAGR of 4.2% from 2023 to 2033. The market is likely to secure USD 2.2 billion in 2023.

Data Points Key Statistics
Bandsaw Machines Market Size Value in 2023 USD2.2 billion
Bandsaw Machines Market Forecast Value in 2033 USD 3.3 billion
Global Growth Rate 4.2%
Forecast Period 2023 to 2033

Key Factors Shaping the Demand Outlook of the Bandsaw Machines Industry:

  • The surging application of horizontal bandsaw and vertical bandsaw machines in the transportation and shipbuilding industries will propel growth in the market
  • In terms of end-user, the automotive and transportation segment is expected to dominate the overall bandsaw machines market.
  • Growing inclination towards biomass for power generation will provide lucrative growth opportunities for bandsaw machines in the automotive and transportation sector.
  • Growing advances in technology are expected to create new growth prospects for bandsaw machine manufacturers.

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Bandsaw Machines Market Revenue Analysis from 2018 to 2022 Vs Market Outlook for 2023 to 2033

Historical CAGR (2018 to 2022) 3.7%
Forecasted CAGR (2023 to 2033) 4.2%

As per Future Market Insights (FMI), the sales in the global bandsaw machines market totaled USD 2.1 Billion by the end of 2022. Global sales of bandsaw machines are estimated to total over 200,000 units in 2021 amid the increasing application of horizontal bandsaw machines across diverse industries.

A growing focus on effective cutting technologies that promise high functionality for varying applications will improve the demand for bandsaw machines across the globe. The increasing need for energy efficiency will aid the adoption of bandsaw machines in the automotive industry.

The advent of e-commerce platforms worldwide is spurring the sales of horizontal bandsaw machines via online channels. On account of this, end users are collaborating with e-commerce giants such as e-Bay and Alibaba to increase their sales.

East Asia is expected to command the lion’s share of the global market. As per FMI, over 37.5% of bandsaw machine sales are expected to concentrate in East Asia through 2023.

Which are Some Prominent Drivers Spearheading Bandsaw Machines Market Growth?

Demand for Horizontal Bandsaw Machines in Automotive Industry Fuelling Sales

The horizontal bandsaw is extensively used to saw steel and other hard materials in the automotive and mining industries. Certain vehicle parts need proper metal cutting band saw tools for efficiency.

Automotive manufacturers are increasing the adoption of horizontal band saws for their speed and accuracy to cut hardened metal parts. Increasing demand for these bandsaw machines in emerging economies due to the expansion of the automotive industry will fuel the growth of the market.

Demand for Energy Derived from Biomass Encourages Bandsaw Machines Sales

Energy production using biomass is expected to increase, subsequently boosting the global bandsaw machines market. The use of biomass pellets has significantly increased over the past few years for harvesting biomass energy.

For instance, in 2017, biodiesel accounted for 24.1% of the energy production in Canada. This noteworthy share of biomass in energy production will aid the growth of the bandsaw machines market.

The Biomass Thermal Utilization Act (BTU Act) of 2019 in North America is focusing on promoting the environmental benefits of biomass-derived fuels and energy sources. This act provides 15% to 30% credit for clean wood heating systems for domestic and commercial applications.

Demand for vertical band saw tools will increase for wood cutting and cutting wood pellets, and other non-ferrous metal alloys. This will create impressive growth prospects for the market in the coming years.

Rising Demand for Bandsaw with ‘PCL-Based’ Controls Drive the Market

The growing trend of ‘automation’ has increased the demand for programmable logic controller (PLC)-controlled bandsaw machines. The advent of such machines is transforming the way of metal and wood-cutting activities worldwide.

PLC-controlled bandsaw machines are gaining immense popularity across the industrial sector and have improved their functionality and performance with continuous technological advancements.

Nikhil Kaitwade
Nikhil Kaitwade

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Country-wise Analysis

What is the Demand Outlook for the China Bandsaw Machines Market?

Demand for ‘Energy Efficient’ Metal Cutting Band Saw to Rise

East Asia is expected to be the most lucrative market for bandsaw machines. With China being the hub for the largest manufacturing industries, demand for bandsaw machines is expected to increase in the automotive, construction, and mining industries.

The presence of leading bandsaw market players in China and the integration of cutting-edge technologies by these key players will drive the demand in the market. The expansion of the wood processing industry in China is aiding the demand for bandsaw machines.

Demand for energy-efficient machines is expected to fuel the need for metal-cutting band saws across the country as end users are increasingly becoming conscious regarding the usage of resources.

How is Manufacturing Industry Supporting Bandsaw Machines Sales in India?

Increasing the Usage of Horizontal Band Saws in the Manufacturing Industry for Metal Cutting will Drive the Market

As per Future Market Insights, India is expected to lead the growth in the South Asia bandsaw machines market. India is home to one of the largest manufacturing industries. The use of power generation is propelling the demand in the market with growing development in manufacturing industries.

Ongoing development and integration of robotics in vertical band saw machines by the leading key players will also aid the demand in the market. For instance, ITL Industries Ltd. announced the launch of an adjustable horizontal bandsaw machine to enhance the productivity and speed of metal-cutting bandsaws. NU-TECH Engineers, a well-known manufacturer, and supplier of manual bandsaw machines in India, in May 2020, announced the launch of metal cutting horizontal band saw for wood-cutting work.

How will the Demand for Bandsaw Machines in Japan Fare?

Need for Circular Band Saws for Wood Pellets to Increase the Sales

Over the past few years, Japan has remained one of the prominent regions in the production of wood pellets. Increasing the application of portable bandsaw and horizontal band saw machines for the production of wood pellets for the biomass industry will create growth opportunities for the market players.

The strong presence of leading players such as Tsune and Amada Machine Tools Co. Ltd. and research and development to develop advanced and energy-efficient band saw machines will drive the market in Japan.

For instance, recently, Tsune announced the launch of circular band saw machines, TJ-70GL and TK-80GL to cater to the surging demand and increase their revenue in the market.

Category-wise Insights

Which is the Most Preferred Orientation for Band Saw Machines?

Increasing Production of Horizontal Bandsaws with Circular and Straight Power Saws to Boost Sales

The growing focus on renewable energy sources has increased biomass production. With the advent of automation in the industrial sector, the need for flexibility has also surged. Favorable regulations of governments regarding the use of energy-efficient machines are propelling the need for band saw machines.

Industries are preferring horizontal bandsaw with circular power saw for greater flexibility as these machines are extensively used for biomass production for metal cutting and wood pellets.

Leading players such as Amada Tools and Tsune have increased the production of these bandsaw machines. They are also integrating cutting-edge technologies and introducing fully automatic horizontal bandsaw machines with circular and straight power saws.

How will the Demand for Fully Automatic Band Saws in the Automotive Sector Improve Sales?

Demand for Fully Automatic Horizontal Band Saw Machines Soaring among Automotive OEMs

As per Future Market Insights, demand for fully automatic band saw machines in the automotive and transportation sectors is increasing rapidly. A fully automatic band saw provides enhanced functionality and accuracy with minimal errors.

The need for cutting hard metals with precision and perfect finish has increased the demand for fully automatic band saws in the automotive industry. As per the study, the fully automatic band saw machines will account for over 1/3rd of the market share between 2023 and 2033.

The expansion of the automotive industry in China, India, and Japan will create growth opportunities for band saw machine manufacturers over the forecast period. The automotive and transportation industry will continue to account for a significant share of the global bandsaw machines market through 2033.

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Competitive Landscape

As per Future Market Insights, the global bandsaw machines market is fragmented in nature. Tier-1 players are expected to contribute around 29%-31% of total sales in the market. Most of the key players are focusing on the development of new products and launches to increase their revenue.

Some of the other players are adopting expansion strategies such as mergers, acquisitions, and partnerships with original equipment manufacturers of the automotive industry to set up their distribution and sales networks.

The mid-level and emerging players will command a lion’s share in the overall market, accounting for around 69%-71%. They are also expanding their product portfolios to improve their market presence via affordable products with ‘best-in-class’ features.

For instance:

  • In June 2021, LENOX, a leading company of band saw machines, announced the launch of the LENOX 360 system, the latest innovation to track bandsaw performance metrics.
  • In May 2020, Vollmer of America announced the partnership with the leading bandsaw machine company, Burton Saw & Supply to serve their customers better and grow within the saw blade maintenance market in the sawmill industry.

Report Scope

Report Attribute Details
Growth Rate CAGR of 4.2% from 2023 to 2033
Market Value in 2023 USD 2.2 billion
Market Value in 2033 USD 3.3 billion
Base Year for Estimation 2022
Historical Data 2018 to 2022
Forecast Period 2023 to 2033
Quantitative Units Revenue in USD Billion and CAGR from 2023 to 2033
Report Coverage Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis
Segments Covered Orientation, Operation, Cutting Type, End Use, Region
Regions Covered North America; Latin America; Western Europe; Eastern Europe; South Asia and Pacific; East Asia; Middle East & Africa
Key Countries Profiled United States, Canada, Brazil, Mexico, Germany, United Kingdom, France, Spain, Italy, Poland, Russia, Czech Republic, Romania, India, Bangladesh, Australia, New Zealand, China, Japan, South Korea, GCC Countries, South Africa, Israel, Rest of MEA
Key Companies Profiled Starrett; AMADA Machine Tools Co. Ltd.; Mega Machine Co. Ltd.; Pedrazzoli IBP; Everising Machine Co.; Petra Stroji D.O.O.; MEBA Metall-Bandsagemaschinen GmbH; Santec Group; Cosen Saws International Inc.; ITL Industries Limited; Behringer GmbH

Key Segments Profiled in Bandsaw Machines Market

By Orientation:

  • Horizontal
  • Vertical

By Operation:

  • Manual
  • Semi-Automatic
  • Fully Automatic
  • CNC

By Cutting Type:

  • Mitre
  • Circular
  • Ring
  • Straight

By End Use:

  • Automotive & Transportation
  • Construction
  • Mining

Aerospace:

  • Shipbuilding
  • Food
  • Others

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South Asia and Pacific
  • East Asia
  • Middle East & Africa

Frequently Asked Questions

What is the Bandsaw Machines Market value in 2023?

The market value for 2023 is USD 2.2 billion.

What will the growth rate be until 2033?

Through 2033, bandsaw machines sales will rise at a 4.2% CAGR.

What was the historical CAGR for the Bandsaw Machines Market?

The market rose at a 3.7% CAGR from 2018 to 2022.

What is the Bandsaw Machines Market value for 2033?

By 2033, the market will reach USD 3.3 billion.

Which operation segment leads the market?

Fully automatic segments will be the key application area through 2033.

Table of Content
  • 1. Executive Summary
  • 2. Market Overview
  • 3. Market Background
  • 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
  • 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Orientation
    • 5.1. Horizontal
    • 5.2. Vertical
  • 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Operation
    • 6.1. Manual
    • 6.2. Semi-Automatic
    • 6.3. Fully Automatic
    • 6.4. CNC
  • 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Cutting Type
    • 7.1. Mitre
    • 7.2. Circular
    • 7.3. Ring
    • 7.4. Straight
  • 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End Use
    • 8.1. Automotive & Transportation
    • 8.2. Construction
    • 8.3. Mining
    • 8.4. Aerospace
    • 8.5. Shipbuilding
    • 8.6. Food
    • 8.7. Others
  • 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
    • 9.1. North America
    • 9.2. Latin America
    • 9.3. Western Europe
    • 9.4. Eastern Europe
    • 9.5. South Asia and Pacific
    • 9.6. East Asia
    • 9.7. Middle East and Africa
  • 10. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 11. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 12. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 13. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 14. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 15. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 16. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 17. Key Countries Market Analysis
  • 18. Market Structure Analysis
  • 19. Competition Analysis
    • 19.1. Starrett
    • 19.2. AMADA Machine Tools Co. Ltd.
    • 19.3. Mega Machine Co. Ltd.
    • 19.4. Pedrazzoli IBP
    • 19.5. Everising Machine Co.
    • 19.6. Petra Stroji D.O.O.
    • 19.7. MEBA Metall-Bandsagemaschinen GmbH
    • 19.8. Santec Group
    • 19.9. Cosen Saws International Inc.
    • 19.10. ITL Industries Limited
    • 19.11. Behringer GmbH
  • 20. Assumptions & Acronyms Used
  • 21. Research Methodology
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