Asia Pacific Metal Processing Machines Market Forecast to 2028 -Regional Analysis

The Asia Pacific metal processing machines market is expected to grow from US$ 10,678.24 million in 2023 to US$ 15,722.67 million by 2030. It is estimated to grow at a CAGR of 5.7% from 2023 to 2030.

Use of Automated Fabrication Processes and Robotics Fuels Asia Pacific Metal Processing Machines Market

The importance of efficient and cost-effective manufacturing solutions is increasing with the rise in demand for metal products across various industries. Automated fabrication processes and robotics offer several advantages over traditional manual manufacturing methods. Automated fabrication processes can streamline the metal processing workflow by integrating computer-aided design and computer-aided manufacturing (CAD/CAM) systems. These systems allow manufacturers to automate tasks such as cutting, bending, welding, and finishing, reducing the need for manual laborers and improving overall efficiency. Automated processes can also enhance product quality by reducing errors and inconsistencies with manual production. In 2022, TRUMPF launched a new automated loading solution in collaboration with STOPA for laser tube cutting machines. This solution would help TRUMPF to automatically transfer tubes from a storage system to a tube-cutting machine. Automating such processes also allows enterprises to reduce nonproductive time, which results in enhanced overall productivity.
In addition to automated fabrication processes, the use of robotics in metal processing operations has gained significant attention in recent years. Robots can perform various tasks from handling raw materials to finishing and packaging final products. They can work around the clock, improving productivity and reducing lead times. Furthermore, robots offer greater precision, accuracy, and repeatability than manual workers, leading to higher product quality and consistency. In 2020, Shape Process Automation partnered with TRUMPF and FANUC Robotics. This collaboration is expected to bring expertise into the company in robotics laser cutting systems. Technological developments in robotics allow companies to achieve cutting precision, cost reduction, quality improvement, and efficiency enhancement. Companies such as Ford, Boeing, Airbus, Toyota, Caterpillar, Apple, and Samsung have managed to enhance their productivity with such advancements in metal processing operations. Thus, the adoption of automated fabrication processes and the use of robotics presents significant opportunities for the growth of the Asia Pacific metal processing machine market.

Asia Pacific Metal Processing Machines Market Overview

The Asia Pacific metal processing machine market in APAC is segmented into South Korea, India, China, Japan, Australia, and the Rest of APAC. The region consists of various growing economies such as India, China, Indonesia, and the Philippines. These countries are witnessing a gradual rise in the adoption of advanced technologies. Further, the availability of low labor costs, low taxes and duties, and a strong business ecosystem are attracting global players in the manufacturing industry to expand their manufacturing facilities in this region. In October 2021, Novelis, one of the world's largest aluminum recycler companies, announced an investment of US$ 375 million in the expansion of a recycling and production facility in China for aluminum products used in the auto industry. In November 2022, Kennametal Inc. announced the launch of its new metal cutting inserts manufacturing facility in Bengaluru, India. With this strategic development, the company aims to enhance its capabilities and capacity to fulfill the growing demand from the APAC market. Thus, the growing manufacturing industry in APAC is anticipated to offer lucrative opportunities for the metal processing machinery market in the coming years.
Asia Pacific Metal Processing Machines Market Revenue and Forecast to 2030 (US$ Million)

Asia Pacific Metal Processing Machines Market Segmentation

The Asia Pacific metal processing machines market is segmented into press brake, laser cutting machine, bending machine, and country.
The press brake market is further categorized into type, bending method, and application. By press brake, the type segment is further sub-segmented into manual, hydraulic, and electronic. The hydraulic sub-segment held the largest share of the Asia Pacific metal processing machines market in 2023. The bending method segment, by press brake, is classified into air bending, bottom bending, and coining. The air bending sub-segment held the largest share of the Asia Pacific metal processing machines market in 2023. Also, the application segment, by press brake, is sub-segmented into automotive, aerospace, metal, furniture, and others. The automotive sub-segment held the largest share of the Asia Pacific metal processing machines market in 2023.
The laser cutting machine market is further categorized into technology, process, and industry. By laser cutting machine, the technology segment is further sub-segmented into fiber laser and plasma laser. The fiber laser sub-segment held the largest share of the Asia Pacific metal processing machines market in 2023. The process segment, by press brake, is classified into fusion cutting, flame cutting, and sublimation cutting. The flame cutting sub-segment held the largest share of the Asia Pacific metal processing machines market in 2023. Also, the industry segment, by press brake, is sub-segmented into automotive, aerospace & defense, consumer electronics, industrial, and others. The industrial sub-segment held the largest share of the Asia Pacific metal processing machines market in 2023.
The bending machine market is further categorized into type, application and products. By bending machine, the type segment is further sub-segmented into electric, hydraulic, pneumatic, and electromagnetic. The hydraulic sub-segment held the largest share of the Asia Pacific metal processing machines market in 2023. The application segment, by bending machine, is classified into manufacturing, precision machinery, metals and mining, automotive, and building and construction. The automotive sub-segment held the largest share of the Asia Pacific metal processing machines market in 2023. Also, the products segment, by bending machine, is sub-segmented into sheets, tube, and others. The tube sub-segment held the largest share of the Asia Pacific metal processing machines market in 2023.
Based on country, the Asia Pacific metal processing machines market is segmented into China, Japan, South Korea, Indonesia, Malaysia, and the Rest of Asia Pacific. The China dominated the share of the Asia Pacific metal processing machines market in 2023.
Amada (India) Pvt Ltd, Bystronic AG; Dener USA LLC; Durmazlar Machinery Inc; Ermaksan Machinery Industry and Trade Inc; LVD Company NV; Prima Industrie SpA; Salvagnini Italia SPA; and TRUMPF SE + Co KG are the leading companies operating in the Asia Pacific metal processing machines market.