The global sales of double decker roll forming machine are estimated to be worth USD 79.2 million in 2021 and are anticipated to reach a value of USD 134.7 million by 2031. Sales are projected to rise at a CAGR of 5.5% over the forecast period between 2021 and 2031. The revenue generated by double decker roll forming machine in 2020 was USD 75 million.
Growth in the double decker roll forming machine market is the outcome of rising demand for effective and high-capacity production of metal profiles and building components from various construction and manufacturing industries.
Due to increasing infrastructure development, commercial construction projects further drive the demand for machines capable of producing a range of profiles in one pass. With the improvement in automation and precision controls in technological processes, the machines have thus become highly efficient and flexible. Increasing focus on cost-effective and scalable manufacturing solutions foster market growth.
Increasing demand for high-quality and durable building materials, expansion in the fabricating industry continues to surge demand for double-decker roll-forming machines. Also, the growth in the global manufacturing sector and material science contributes to market growth.
Global Double Decker Roll Forming Machine Industry Assessment
| Attributes | Key Insights |
|---|---|
| Historical Size, 2020 | USD 75 million |
| Estimated Size, 2021 | USD 79.2 million |
| Projected Size, 2031 | USD 134.7 million |
| Value-based CAGR (2021 to 2031) | 5.5% |
The double decker roll forming machine is designed to produce trapezoidal, corrugated roofing sheets and cladding sheets. This double decker roll forming machine is easy to operate with high efficiency reduces energy consumption.
The double decker roll forming machine can make two design sheets at a time. The machine has an additional set of rollers and cutting blades for different roofing designs. The two-set roller uses a single machine base, hydraulic station, motor, cut frame, and PLC controller; therefore, it is an economical and low-cost machine with less investment and minimum maintenance cost.
The machine is sturdy, environment-friendly, and suitable for extreme environmental conditions, and it can produce flexible roofing designs as per the customer's requirement. Therefore the double decker roller forming machine gained tremendous popularity due to the extensive use of corrugated metal sheets.
The double decker rolling machine provides high-quality products and increases the business's profitability by reducing the labour cost and manufacturing time. The machine can produce wall panels and steel roofs widely used to construct the factory sheds, warehouses, vehicle parking, garage, exhibition centres, compound wall, and temporary office sheds used during long-duration projects.
These wall and steel roof panels are easy to install, less installation period, easily transferable to another location, lightweight and durable. With the growing demand for fast and easy construction, the corrugated roof and cladding sheet are gaining importance. Therefore, the double decker roll forming machine could augment significant growth.
The corrugated sheets are long-lasting, and the repetitive folds on the sheets create higher durability and increase strength. The corrugated sheets and roof panels are used in various railway stations, metro stations, stadiums, and vehicle parking sheds. The roll forming applications are helpful in almost all metal-based industries.
The automobile industry is used for car door frames, set rails, heat exchanger radiator tubes, trims, and bumper reinforcement. In the construction and building industry, used for roofing and decking, doors and windows applications. It is also used in the oil and gas industry for deep-sea oil extraction and transportation of pipes. Therefore, the double decker roll forming machine has a tremendous growth opportunity.
Key players such as
Key Asian players such as
are actively involved in double decker roll forming machine market for different applications.
The manufacturers involved in manufacturing double decker roll forming machine adopt various strategies such as innovation and product launch to serve the increasing demand for the double decker roll forming machine market.
India has excessive demand for double decker roll forming machines due to rapidly increasing the building and construction industry. The rapid urbanization and industrialization created a massive demand for corrugated and roof panel sheets.
The double decker roll forming machines have multiple benefits: a low cost, increase productivity, and reduce labour cost; hence, the manufacturer prefers the machine. As India has a massive demand for automobiles, building, and construction, the double decker roll forming machine anticipates substantial growth.
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