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Plate Rolling Machine Market Size, Share, and Industry Analysis, By Machine Type (4-Roller Plate Rolling Machine and 3-Roller Plate Rolling Machine), By Capacity (Low Duty, Medium Duty, and Heavy Duty), By Mode of Operation (Manual Method and CNC Method), By End User (Heavy Machinery, Metalworking Fabrication, Automotive, Construction, Energy & Power, Aerospace & Defense, and Others), and Regional Forecast, 2024-2032
Report Format: PDF | Published Date: Ongoing | Report ID: FBI110041 | Status : UpcomingA plate rolling machine is also known as a plate bending machine. It is used for bending and forming metal plates into cylindrical or conical shapes. These machines are essential in numerous industry verticals where forming metal plates into specific shapes is a fundamental part of the manufacturing process. Rolls, frames, drive systems, and guides and side rolls are some of the components used in the plate rolling machine market. The machine can handle a wide range of plate thicknesses and different types of materials such as stainless steel, aluminum, and alloys. This machine can be operated in both modes, manually and the use of CNC machines.
The construction industry is a significant consumer of rolled plates used in various applications such as structural components, bridges, and buildings. The growing demand for infrastructure development, particularly in emerging economies, is driving the need for plate-rolling machines. Rising urbanization and industrialization across developed and developing nations drive the growth of the market. In addition, strong growth in automotive and energy sectors across the globe augments the demand for plate rolling machines for manufacturing chassis, body panels, suspension systems, and cylindrical towers. For instance, according to the European Automobile Producers Association (ACEA), the automotive sector in Europe expanded by 8.3% in 2022 compared to 2021.
The COVID-19 pandemic negatively impacted the global plate rolling machine market. It was due to prolonged lockdowns initiated across the globe and a halt on manufacturing and associated activities. In addition, the shortage of raw materials and primary manufacturing facilities experienced temporary shutdowns and slowdowns, which resulted in a decrease in the demand for such machines, restricting market growth during the COVID-19 pandemic. The pandemic also accelerated the focus on sustainable practices. Manufacturers considered eco-friendly and energy-efficient machines to meet regulatory requirements and customer expectations. Such factors provided opportunities for market growth during the post-pandemic period.
Key Insights
The report covers the following key insights:
- Micro Macro Economic Indicators
- Drivers, Restraints, Trends, and Opportunities
- Business Strategies Adopted by Key Players
- Consolidated SWOT Analysis of Key Players
Segmentation
By Machine Type | By Capacity | By Mode of Operation | By End User | By Region |
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Analysis by Machine Type:
By machine type, the market is classified into 4-roller plate rolling machines and 3-roller plate rolling machines.
The 4-roller plate rolling machine segment holds a significant share in the market. It is owing to the various features of these machines such as high efficiency, less energy consumption, surge in rolling capacity, and complete hydraulic drive.
The 3-roller plate rolling machine segment is growing moderately owing to the rising product demand from the construction and automotive sectors. Moreover, it is more compact than the 4-roller plate rolling machine and requires less cost compared.
Regional Analysis
The global plate rolling machine market has been studied across five regions: North America, Europe, Asia Pacific, the Middle East & Africa, and South America.
Asia Pacific is projected to hold the largest share in the market owing to increasing investment in construction development and the expansion of automotive plants, which drive the growth of the market. Additionally, rapid urbanization, industrialization, and the construction of roads and bridges across China, Japan, and India, among others, drive the growth of the market.
The North America market is projected to grow steadily during the forecast period owing to the rising product demand from the shipbuilding, construction, and energy industries. In addition, government investment in the construction of new roads and bridges and the expansion of manufacturing sectors drive the growth of the North America market.
The Europe market is projected to grow moderately, owing to rising industrialization and increasing demand from the construction, shipbuilding, automotive, and aerospace sectors. Additionally, strong growth in the automotive sector in Germany and the U.K. will support the growth of the plate rolling machine market.
The Middle East & Africa and South America markets are projected to grow decently due to rising investment in manufacturing and infrastructure development.
Distribution of the Global Plate Rolling Machine Market, By Region of Origin:
- North America – 21%
- Europe – 25%
- Asia Pacific – 34%
- Middle East & Africa – 13%
- South America – 7%
Key Players Covered
The key players in this market include Wuxi Shenchong Forging Machine Co. Ltd, Faccin S.p.A., Sahinler, Autotrans Systems, Dreistern GmbH & Co. KG, Himalaya Machine, Roccia S.r.l, Leonardo S.r.l, Imcar, and Haeusler AG.
Key Industry Developments
- April 2024: Wuxi Shenchong Forging Machine Co. Ltd introduced a new CNC roll bender hydraulic machine for metal forging applications. This machine operates with the use of CNC machine mode. This machine uses two seals, self-sealing tightening seal and self-compression seals. It can be used to cut equal shapes of stainless steel parts for automotive and construction sectors.
- December 2023: Faccin S.r.l. signed an agreement with Finland-based Miilux Oy, which deals in supplying products used in the metals, stone, and mining industries. The agreement was done for delivering a Faccin plate straightening machine for Millux Oy’s production line.
- Global
- 2023
- 2019-2022