Global Hydraulic Pipe Bender Market Size To Exceed USD 884 Million By 2033 | CAGR Of 5.09%
Category: Machinery & EquipmentGlobal Hydraulic Pipe Bender Market Size To Exceed USD 884 Million By 2033
According to a research report published by Spherical Insights & Consulting, the Global Hydraulic Pipe Bender Market Size Expected to Grow from USD 538 Million in 2023 to USD 884 Million by 2033, at a CAGR of 5.09% during the forecast period 2023-2033.
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Browse key industry insights spread across 230 pages with 120 Market data tables and figures & charts from the report on the "Global Hydraulic Pipe Bender Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Manual Hydraulic Pipe Benders, Electric Hydraulic Pipe Benders, Pneumatic Hydraulic Pipe Benders), By Application (Construction, Automotive, Shipbuilding, Aerospace, and Others), By End-User (Industrial, Commercial, Residential), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/hydraulic-pipe-bender-market
The hydraulic pipe bender market consists of equipment that bends pipes composed of metal, plastic, or composite material using hydraulic power. Such machines are commonly found in the construction, automobile, shipbuilding, and oil and gas industries, among others. Hydraulic benders give precise control, inflict minimal damage to pipes, and so lead to increased efficiency. They should be utilized to manufacture pipelines and tubular constructions. Furthermore, the hydraulic pipe bender market would rise steadily due to increased demand in the construction, automotive, oil and gas, and manufacturing sectors. Industry growth is driven by growing infrastructure projects and rising urbanization, combined with technology breakthroughs in automation, energy and utility development. However, the hydraulic pipe bender's limitations include a high initial equipment cost, a reliance on highly specialized labour, and ongoing maintenance requirements.
The manual hydraulic pipe benders segment is expected to hold the largest share of the global hydraulic pipe bender market during the projected timeframe.
Based on product type, the global hydraulic pipe bender market is categorized as manual hydraulic pipe benders, electric hydraulic pipe benders, and pneumatic hydraulic pipe benders. Among these, the manual hydraulic pipe benders segment is expected to hold the largest share of the global hydraulic pipe bender market during the projected timeframe. This is mostly due to the fact that they are less expensive, simpler to use, and suitable for smaller, simpler processes. They are widely used in sectors like HVAC, automotive, and construction where basic pipe bending occurs often.
The automotive segment is expected to grow at the fastest CAGR during the projected timeframe.
Based on the application, the global hydraulic pipe bender market is categorized as construction, automotive, shipbuilding, aerospace, and others. Among these, the automotive segment is expected to grow at the fastest CAGR during the projected timeframe. The use of hydraulic pipe benders is projected to be accelerated by improvements in automation and smart manufacturing technology, which will speed up production processes in this industry.
The industrial benders segment is expected to hold the largest share of the global hydraulic pipe bender market during the projected timeframe.
Based on end-user, the global hydraulic pipe bender market is categorized as industrial, commercial, and residential. Among these, the industrial segment is expected to hold the largest share of the global hydraulic pipe bender market during the projected timeframe. The significant demand from sectors including manufacturing, construction, and energy, where hydraulic pipe benders are necessary to perform pipe-bending operations precisely and extremely efficiently, is driving this expansion.
Asia Pacific is projected to hold the largest share of the global hydraulic pipe bender market over the forecast period.
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Asia Pacific is projected to hold the largest share of the global hydraulic pipe bender market over the forecast period. This has been driven by the accelerated expansion of the industrial, automotive, and construction sectors in nations like China, India, and Japan. It is becoming more popular in markets where there is a high demand for effective pipe-bending technologies to meet the growing demands of industrial output and infrastructure development.
North America is expected to grow at the fastest CAGR growth of the global hydraulic pipe bender market during the forecast period. These advancements are boosted by new advances in the construction, automotive, and aerospace sectors, where there is a growing need for precise pipe-bending solutions. Large investments in building new infrastructure in both the US and Canada are driving the need for sophisticated and automated bending equipment.
Major vendors in the global hydraulic pipe bender market are AMOB Maquinas Ferramentas SA, BPR CURVATRICI, COMAC, Dese Machine, EchoENG, Gelber Bieger GmbH, Prada Nargesa SL, RHTC BV, CHIYODA KOGYO, Transfluid Maschinenbau GmbH, Herber Engineering AB, Baileigh Industrial, and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global hydraulic pipe bender market based on the below-mentioned segments:
Global Hydraulic Pipe Bender Market, By Product Type
- Manual Hydraulic Pipe Benders
- Electric Hydraulic Pipe Benders
- Pneumatic Hydraulic Pipe Benders
Global Hydraulic Pipe Bender Market, By Application
- Construction
- Automotive
- Shipbuilding
- Aerospace
- Others
Global Hydraulic Pipe Bender Market, By End-User
- Industrial
- Commercial
- Residential
Global Hydraulic Pipe Bender Market, By Regional
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
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