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Bar Threading Machine Market Trends

Report ID: GMI12080
Published Date: Oct 2024
Report Format: PDF

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Bar Threading Machine Market Trends

The bar-threading machine market is shifting towards automation, driven by CNC technology integration. This advancement enables precise rebar threading with minimal human intervention, offering benefits such as faster production, lower labor costs, and reduced errors. These automated systems integrate with broader manufacturing processes, allowing real-time monitoring and improved resource management. As construction projects become more complex with tighter deadlines, demand for efficient automated bar threading machines is increasing. Ongoing technological innovations in this field continue to shape the industry's future.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

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.

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.

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.

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.

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.