Home > Industrial Machinery > Industrial Equipment > Tools > Press Brakes Market

Press Brakes Market Share

Report ID: GMI12335
Published Date: Nov 2024
Report Format: PDF

Download Free Sample

Press Brakes Market Share

Press Brakes Company Market Share Analysis, (2023)

The press brakes industry is fragmented, with several regional companies operating on a global scale. Together these companies hold a market share of 15%-20% of the total market. This fragmentation allows regional companies to leverage their understanding of local customer needs, regulatory requirements, and price sensitivities, enabling them to capture niche market segments. Many of these companies also focus on affordable, flexible solutions, which attract small to medium-sized enterprises.

Press Brakes Market Companies

Major players operating in the press brakes industry are:

Accurpress
Amada
Baykal
Bystronic
Cincinnati
Durma
ERMAKSAN
Haco
LVD
MVD Inan
Prima Power
SafanDarley
Salvagnini
TRUMPF
Yawei

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of press brakes reached USD 557.3 million in 2023 and is set to grow at a 5.6% CAGR from 2024 to 2032, driven by the expansion of manufacturing and metalworking industries.

The indirect segment accounted for 61.2% of the total market share in 2023 and is expected to witness 5.5% CAGR over the forecasted years, benefiting from an extensive network of distributors, dealers, and online platforms.

The U.S. market accounted for 75.4% share in 2023 and is expected to expand at a 5.5% CAGR during the forecast period, led by its robust industrial base and rapid adoption of advanced manufacturing technologies.

The key players in the industry include Accurpress, Amada, Baykal, Bystronic, Cincinnati, Durma, ERMAKSAN, Haco, LVD, MVD Inan, Prima Power, SafanDarley, Salvagnini, TRUMPF, and Yawei.