Global Cut and Bend Equipment Market was valued US$ XX Mn in 2018 and is expected to reach US$ XX Mn by 2026, at a CAGR of around XX % during a forecast period.
Rising construction and infrastructure activities is anticipated to drive the overall market growth throughout the forecast period. In addition, usage of advanced technologies is increasing the productivity of equipment which is projected to accelerate global cut and bend equipment market across the world. While the entry of local and regional players and instability in the construction industry is hindering the business growth of established players.
The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.
On the basis of operation mode, the automatic segment is projected to hold major market share and enlarge at the fastest rate throughout the forecast period. As compared to semi-automatic equipment, automatic cut & bend equipment provides user friendly operations and also eliminates the need for routine maintenance. This is anticipated to increase the market attractiveness of the automatic segment throughout the forecast period.
Geographically, Asia Pacific and North America commanded major share of the cut and bend equipment market in 2017. Furthermore, infrastructure development activities and construction of high rise buildings in the rest of Asia Pacific are anticipated to drive demand for cut & bend equipment in the Asia Pacific region. The cut and bend equipment market in developing economies is projected to expand at a significant growth rate during the forecast period. Increasing consciousness about better infrastructure and government initiatives have resulted in the growth of the steel and construction industry, and in turn the cut and bend equipment market. Europe and Middle East & Africa are anticipated to grow at a considerable growth rate during the forecast period.
The report on the cut and bend equipment market provides analysis for the period 2018–2026, in which the period from 2019 to 2026 is the forecast period and 2018 is the base year. The report offers all the major trends and key drivers playing a major role in the growth of cut and bend equipment market over the forecast period. It also highlights the drivers, restraints, and opportunities expected to impact the market’s growth during the said period. The study delivers a holistic perspective on the growth of cut and bend equipment market throughout the forecast period in terms of revenue (in US$ Mn) and volume (Units), across different geographies.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding global cut and bend equipment market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in global cut and bend equipment market.