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LAMEA 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

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    Report

  • 83 Pages
  • March 2024
  • Region: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5953531
The LAMEA Press Brakes Market would witness market growth of 8.4% CAGR during the forecast period (2023-2030).

The Brazil market dominated the LAMEA Press Brakes Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $16,768 Thousands by 2030. The Argentina market is showcasing a CAGR of 9.4% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 8% during (2023 - 2030).



These machines are used in the railway and transportation industry to fabricate components used in locomotives, railcars, subway systems, and infrastructure. Applications include manufacturing frames, chassis, brackets, and various vehicle and system interior fittings. Also, these machines offer flexibility and versatility for producing custom and specialty components tailored to specific customer requirements.

Several trends shape the market, reflecting manufacturers' evolving needs and preferences across industries. These trends highlight the ongoing innovation, technological advancements, and market dynamics driving the development and adoption of press brake machines. Automation and robotics are revolutionizing press brake operations, enabling autonomous bending processes and reducing reliance on manual labor.

As the automotive industry expands in Saudi Arabia, there is a growing need for precision-formed metal components used in vehicle manufacturing, which increases the use of these machines. According to the ITA, the Middle East and North Africa (MENA) region is predicted to develop at a rate of 36%, with Saudi Arabia ranking first in the regional industry. Nearly 52% of cars sold in the Gulf Cooperation Council (GCC) and 35% in the Middle East and North Africa (MENA) were sold in Saudi Arabia in 2020. 2019 saw a total of 556,000 cars sold in Saudi Arabia, while 2020 saw 436,000 sold. By 2025, 543,000 units are expected to be sold. In conclusion, the expansion of the region's automotive industry is propelling 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

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
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

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 LAMEA Press Brakes Market, by Power Source
1.4.2 LAMEA Press Brakes Market, by Axis
1.4.3 LAMEA Press Brakes Market, by Product Type
1.4.4 LAMEA 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. LAMEA Press Brakes Market by Power Source
4.1 LAMEA Electric Market by Country
4.2 LAMEA Hydraulic Market by Country
Chapter 5. LAMEA Press Brakes Market by Axis
5.1 LAMEA 2 to 4 Axis Market by Country
5.2 LAMEA 4 to 6 Axis Market by Country
5.3 LAMEA 6 to 8 Axis Market by Country
Chapter 6. LAMEA Press Brakes Market by Product Type
6.1 LAMEA Hydraulic Market by Country
6.2 LAMEA Servo-Electric Market by Country
6.3 LAMEA Hybrid Market by Country
6.4 LAMEA Others Market by Country
Chapter 7. LAMEA Press Brakes Market by Country
7.1 Brazil Press Brakes Market
7.1.1 Brazil Press Brakes Market by Power Source
7.1.2 Brazil Press Brakes Market by Axis
7.1.3 Brazil Press Brakes Market by Product Type
7.2 Argentina Press Brakes Market
7.2.1 Argentina Press Brakes Market by Power Source
7.2.2 Argentina Press Brakes Market by Axis
7.2.3 Argentina Press Brakes Market by Product Type
7.3 UAE Press Brakes Market
7.3.1 UAE Press Brakes Market by Power Source
7.3.2 UAE Press Brakes Market by Axis
7.3.3 UAE Press Brakes Market by Product Type
7.4 Saudi Arabia Press Brakes Market
7.4.1 Saudi Arabia Press Brakes Market by Power Source
7.4.2 Saudi Arabia Press Brakes Market by Axis
7.4.3 Saudi Arabia Press Brakes Market by Product Type
7.5 South Africa Press Brakes Market
7.5.1 South Africa Press Brakes Market by Power Source
7.5.2 South Africa Press Brakes Market by Axis
7.5.3 South Africa Press Brakes Market by Product Type
7.6 Nigeria Press Brakes Market
7.6.1 Nigeria Press Brakes Market by Power Source
7.6.2 Nigeria Press Brakes Market by Axis
7.6.3 Nigeria Press Brakes Market by Product Type
7.7 Rest of LAMEA Press Brakes Market
7.7.1 Rest of LAMEA Press Brakes Market by Power Source
7.7.2 Rest of LAMEA Press Brakes Market by Axis
7.7.3 Rest of LAMEA 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

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