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Bar Threading Machine Market Share
In 2023, key companies like Ridgid, Rothenberger, Reed Manufacturing, Rex Industries and Hangzhou Hongli Pipe Machinery held a combined market share of 30%-35%. These key players are aiming to offer value while maintaining profit margins. These manufacturers are focusing on differentiating the products & services by adding unique features such as advanced threading technology, ease of use, and durability in order to remain competitive in the market.
Bar Threading Machine Market Companies
Major players operating in the bar threading machine industry are:
- Cheng Feng Machinery
- Cincinnati Machine
- Dalian Machine Tool Group
- Elektra Beckum
- GEKA Group
- Hangzhou Hongli Pipe Machinery
- Jainnher Machine
- Landee Machinery
- Nitto Seiko
- Reed Manufacturing
- Rex Industries
- Ridgid
- Roscamat
- Rothenberger
- Wheeler-Rex
What is the size of the permanent installation segment in the bar threading machine market?
The permanent installation segment held around 65% share of the bar threading machine market in 2023 and is anticipated to grow at a CAGR of 3.9% during 2024 to 2032, owing to their durability and suitability for high-volume production.
What trends are influencing the Asia Pacific bar threading machine market?
The Asia Pacific bar threading machine market size surpassed USD 940 million in 2023 and is expected to grow at a CAGR of 4.4% through 2032, led by rapid urbanization and large infrastructure projects in China and India.
Why is the demand for external thread cutting machines rising?
The external thread cutting machines segment was worth over USD 1.28 billion in 2023 and is expected to reach around USD 1.72 billion by 2032, due to their versatility, efficiency, and precision in handling various bar sizes and types.
How big is the bar threading machine market?
The global market for bar threading machine was reached USD 2.43 billion in 2023 and is estimated to grow at a 3.9% CAGR from 2024 to 2032, driven by rapid urbanization and infrastructure development.
Which are the major players in the bar threading machine market?
Key players in the bar threading machine industry include Cheng Feng Machinery, Cincinnati Machine, Dalian Machine Tool Group, Elektra Beckum, GEKA Group, Hangzhou Hongli Pipe Machinery, Jainnher Machine, Landee Machinery, Nitto Seiko, Reed Manufacturing, Rex Industries, Ridgid, Roscamat, Rothenberger, and Wheeler-Rex.