Product Code: ETC391035 | Publication Date: Jul 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 250 | No. of Figures: 50 | No. of Tables: 25 |
The automatic bending machine market in Africa is expected to grow significantly during the forecast period. This growth will be driven by increasing demand for automated machinery, such as robotic arms and automation production lines in manufacturing industries. Automatic bending machines are used to shape sheet metal into various shapes for a variety of applications. They are also used to form bends in materials with different thicknesses and curvatures. Automated bending machines offer higher accuracy and speed than manual operations, resulting in increased efficiency and productivity.
Factors driving the growth of the automatic bending machine market include increasing product awareness among end-users across several African countries, growing investments from global players, expanding consumer preferences towards automation in the manufacturing sector, availability of low-cost labor, improving economic conditions on a macro level, etc. Additionally, rapid industrialization is likely to further promote regional adoption over the coming years.
However, significant initial costs associated with installation & commissioning pose a major challenge for key players operating within this space; especially due to limited budgets allocated by small & medium scale businesses across Africa that manufacture components/products through conventional methods or employ manual labor instead of investing into automated solutions like automatic benders. Furthermore, rising levels of import duty on imported products could limit their sale/availability within certain regions thereby restricting the adoption rate amongst potential users/consumers which could ultimately lead to lower revenues generated by manufacturers operating within this space thus hampering overall growth prospects during near term outlooks
Prominent vendors competing within this domain include Boschert GmbH&Co KG ,Morgan Rushworth Ltd.,CML USA Inc.,Kemppi Oy ,Bystronic Laser AG ,Ficep Corporation SPA ,Amada America Inc.,SafanDarley BV among others
The Covid 19 had put severe constraints on the world economy resulting in decreased liquidity available at disposal followed by disrupted supply chains which adversely impacted purchase decisions undertaken by customers hence directly affecting condition & performance metrics recorded by industry participants thereby limiting business activities taking place between 2020 - 2021 timeframe . However, post 2021 we do expect the situation gradually recover as lockdowns start easing up amidst vaccination drives taken up globally leading us back towards pre covid times eventually restoring investors` confidence and allowing them take informed decisions regarding future coursework helping the market reach its projected state and consistently over 2026 time frame
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Africa Automatic Bending Machine Market Overview |
3.1 Africa Regional Macro Economic Indicators |
3.2 Africa Automatic Bending Machine Market Revenues & Volume, 2021 & 2027F |
3.3 Africa Automatic Bending Machine Market - Industry Life Cycle |
3.4 Africa Automatic Bending Machine Market - Porter's Five Forces |
3.5 Africa Automatic Bending Machine Market Revenues & Volume Share, By Countries, 2021 & 2027F |
3.6 Africa Automatic Bending Machine Market Revenues & Volume Share, By Type, 2021 & 2027F |
3.7 Africa Automatic Bending Machine Market Revenues & Volume Share, By Technology, 2021 & 2027F |
3.8 Africa Automatic Bending Machine Market Revenues & Volume Share, By Application, 2021 & 2027F |
3.9 Africa Automatic Bending Machine Market Revenues & Volume Share, By Industry, 2021 & 2027F |
4 Africa Automatic Bending Machine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Africa Automatic Bending Machine Market Trends |
6 Africa Automatic Bending Machine Market, 2018 - 2027 |
6.1 Africa Automatic Bending Machine Market, Revenues & Volume, By Type, 2018 - 2027 |
6.2 Africa Automatic Bending Machine Market, Revenues & Volume, By Technology, 2018 - 2027 |
6.3 Africa Automatic Bending Machine Market, Revenues & Volume, By Application, 2018 - 2027 |
6.4 Africa Automatic Bending Machine Market, Revenues & Volume, By Industry, 2018 - 2027 |
7 South Africa Automatic Bending Machine Market, 2018 - 2027 |
7.1 South Africa Automatic Bending Machine Market, Revenues & Volume, By Type, 2018 - 2027 |
7.2 South Africa Automatic Bending Machine Market, Revenues & Volume, By Technology, 2018 - 2027 |
7.3 South Africa Automatic Bending Machine Market, Revenues & Volume, By Application, 2018 - 2027 |
7.4 South Africa Automatic Bending Machine Market, Revenues & Volume, By Industry, 2018 - 2027 |
8 Nigeria Automatic Bending Machine Market, 2018 - 2027 |
8.1 Nigeria Automatic Bending Machine Market, Revenues & Volume, By Type, 2018 - 2027 |
8.2 Nigeria Automatic Bending Machine Market, Revenues & Volume, By Technology, 2018 - 2027 |
8.3 Nigeria Automatic Bending Machine Market, Revenues & Volume, By Application, 2018 - 2027 |
8.4 Nigeria Automatic Bending Machine Market, Revenues & Volume, By Industry, 2018 - 2027 |
9 Kenya Automatic Bending Machine Market, 2018 - 2027 |
9.1 Kenya Automatic Bending Machine Market, Revenues & Volume, By Type, 2018 - 2027 |
9.2 Kenya Automatic Bending Machine Market, Revenues & Volume, By Technology, 2018 - 2027 |
9.3 Kenya Automatic Bending Machine Market, Revenues & Volume, By Application, 2018 - 2027 |
9.4 Kenya Automatic Bending Machine Market, Revenues & Volume, By Industry, 2018 - 2027 |
10 Rest of Africa Automatic Bending Machine Market, 2018 - 2027 |
10.1 Rest of Africa Automatic Bending Machine Market, Revenues & Volume, By Type, 2018 - 2027 |
10.2 Rest of Africa Automatic Bending Machine Market, Revenues & Volume, By Technology, 2018 - 2027 |
10.3 Rest of Africa Automatic Bending Machine Market, Revenues & Volume, By Application, 2018 - 2027 |
10.4 Rest of Africa Automatic Bending Machine Market, Revenues & Volume, By Industry, 2018 - 2027 |
11 Africa Automatic Bending Machine Market Key Performance Indicators |
12 Africa Automatic Bending Machine Market - Opportunity Assessment |
12.1 Africa Automatic Bending Machine Market Opportunity Assessment, By Countries, 2021 & 2027F |
12.2 Africa Automatic Bending Machine Market Opportunity Assessment, By Type, 2021 & 2027F |
12.3 Africa Automatic Bending Machine Market Opportunity Assessment, By Technology, 2021 & 2027F |
12.4 Africa Automatic Bending Machine Market Opportunity Assessment, By Application, 2021 & 2027F |
12.5 Africa Automatic Bending Machine Market Opportunity Assessment, By Industry, 2021 & 2027F |
13 Africa Automatic Bending Machine Market - Competitive Landscape |
13.1 Africa Automatic Bending Machine Market Revenue Share, By Companies, 2021 |
13.2 Africa Automatic Bending Machine Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |