+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

North America Press Brakes Market Size, Share & Trends Analysis Report By Power Source (Electric, and Hydraulic), By Axis (2 to 4 Axis, 4 to 6 Axis, and 6 to 8 Axis), By Product Type (Hydraulic, Servo-Electric, Hybrid, and Others), By Country and Growth Forecast, 2023 - 2030

  • PDF Icon

    Report

  • 75 Pages
  • March 2024
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5953457
The North America Press Brakes Market would witness market growth of 5.1% CAGR during the forecast period (2023-2030).

The US market dominated the North America Press Brakes Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $173,390.8 Thousands by 2030. The Canada market is experiencing a CAGR of 7.1% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 6.5% during (2023 - 2030).



These machines streamline the bending process, reducing setup times, cycle times, and material waste compared to traditional manual bending methods. Automated machines with advanced features such as computer numerical control (CNC), robotic integration, and tooling automation enhance efficiency and productivity by minimizing manual intervention and maximizing throughput. High level of precision is critical in industries such as automotive, aerospace, and electronics, where components must meet strict quality standards and dimensional requirements.

Additionally, press brake manufacturers continuously innovate and introduce new features, technologies, and machine configurations to address evolving customer needs and market trends. This culture of innovation drives adoption by offering customers access to cutting-edge solutions that improve productivity, quality, and competitiveness.

With growing investment in aerospace manufacturing facilities across Canada, there will be an increased need for advanced precision manufacturing equipment like these machines. As per the data from the Government of Canada, with a total budget of $250 million over three years (until March 31, 2024), the Aerospace Regional Recovery Initiative (ARRI) was delivered by Canada's regional development agencies (RDAs). Likewise, the expansion of energy production provides a growth environment for the market. As per the International Trade Administration (ITA), Mexico's goal is to 35 percent of electricity from clean energy sources by 2024, which includes power regeneration from renewable and non-renewable sources such as nuclear and efficient cogeneration. Hence, the increasing investment in the aerospace industry and rising energy production in the region propel the market's growth.

Based on Power Source, the market is segmented into Electric, and Hydraulic. Based on Axis, the market is segmented into 2 to 4 Axis, 4 to 6 Axis, and 6 to 8 Axis. Based on Product Type, the market is segmented into Hydraulic, Servo-Electric, Hybrid, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

  • Baykal Makine San. Tic. A.S.
  • Amada Co., Ltd.
  • ANHUI DONGHAI YUXIANG IMPORT&EXPORT CO.,LTD
  • Ermaksan
  • Cincinnati Incorporated
  • Dener Makina
  • ACCURL CNC MACHINE (ANHUI) MANUFACTORY CO.LTD.
  • LVD Company NV
  • Prima Industrie S.p.A.
  • Durmazlar Machinery Inc.

Market Report Segmentation

By Power Source
  • Electric
  • Hydraulic
By Axis
  • 2 to 4 Axis
  • 4 to 6 Axis
  • 6 to 8 Axis
By Product Type
  • Hydraulic
  • Servo-Electric
  • Hybrid
  • Others
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Press Brakes Market, by Power Source
1.4.2 North America Press Brakes Market, by Axis
1.4.3 North America Press Brakes Market, by Product Type
1.4.4 North America Press Brakes Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. North America Press Brakes Market by Power Source
4.1 North America Electric Market by Region
4.2 North America Hydraulic Market by Region
Chapter 5. North America Press Brakes Market by Axis
5.1 North America 2 to 4 Axis Market by Country
5.2 North America 4 to 6 Axis Market by Country
5.3 North America 6 to 8 Axis Market by Country
Chapter 6. North America Press Brakes Market by Product Type
6.1 North America Hydraulic Market by Country
6.2 North America Servo-Electric Market by Country
6.3 North America Hybrid Market by Country
6.4 North America Others Market by Country
Chapter 7. North America Press Brakes Market by Country
7.1 US Press Brakes Market
7.1.1 US Press Brakes Market by Power Source
7.1.2 US Press Brakes Market by Axis
7.1.3 US Press Brakes Market by Product Type
7.2 Canada Press Brakes Market
7.2.1 Canada Press Brakes Market by Power Source
7.2.2 Canada Press Brakes Market by Axis
7.2.3 Canada Press Brakes Market by Product Type
7.3 Mexico Press Brakes Market
7.3.1 Mexico Press Brakes Market by Power Source
7.3.2 Mexico Press Brakes Market by Axis
7.3.3 Mexico Press Brakes Market by Product Type
7.4 Rest of North America Press Brakes Market
7.4.1 Rest of North America Press Brakes Market by Power Source
7.4.2 Rest of North America Press Brakes Market by Axis
7.4.3 Rest of North America Press Brakes Market by Product Type
Chapter 8. Company Profiles
8.1 Baykal Makine San. Tic. A.S.
8.1.1 Company Overview
8.2 Anhui donghai yuxiang import&export Co.,Ltd
8.2.1 Company Overview
8.3 Ermaksan
8.3.1 Company Overview
8.4 Cincinnati Incorporated
8.4.1 Company Overview
8.5 Dener Makina
8.5.1 Company Overview
8.6 ACCURL CNC MACHINE (ANHUI) MANUFACTORY CO.LTD.
8.6.1 Company Overview
8.7 LVD Company NV
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Product Launches and Product Expansions:
8.8 Prima Industrie S.p.A.
8.8.1 Company Overview
8.9 Durmazlar Machinery Inc.
8.9.1 Company Overview
8.10. Amada Co., Ltd.
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expenses
8.10.5 Recent strategies and developments:
8.10.5.1 Product Launches and Product Expansions:
8.10.6 SWOT Analysis

Companies Mentioned

  • Baykal Makine San. Tic. A.S.
  • Amada Co., Ltd.
  • ANHUI DONGHAI YUXIANG IMPORT&EXPORT CO.,LTD
  • Ermaksan
  • Cincinnati Incorporated
  • Dener Makina
  • ACCURL CNC MACHINE (ANHUI) MANUFACTORY CO.LTD.
  • LVD Company NV
  • Prima Industrie S.p.A.
  • Durmazlar Machinery Inc.

Methodology

Loading
LOADING...