The Global Press Brakes Market is expected to grow by $ 413.87 mn during 2021-2025, decelerating at a CAGR of almost 5% during the forecast period

Global Press Brakes Market 2021-2025 The analyst has been monitoring the press brakes market and it is poised to grow by $ 413. 87 mn during 2021-2025, decelerating at a CAGR of almost 5% during the forecast period.

New York, Aug. 23, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Press Brakes Market 2021-2025" - https://www.reportlinker.com/p03816829/?utm_source=GNW
Our report on press brakes market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increase in demand for CNC press brakes, growing demand for SUVs and pick-up trucks, and growing demand for fabricating metal products. In addition, increase in demand for CNC press brakes is anticipated to boost the growth of the market as well.
The press brakes market analysis includes the product and application segments and geographic landscape.

The press brakes market is segmented as below:
By Product
• Hydraulic
• Hybrid
• Servo-electric
• Others

By Application
• Automotive industry
• General machinery
• Transportation equipment
• Precision engineering
• Others

By Geographical Landscape
• APAC
• Europe
• North America
• South America
• MEA

This study identifies the incorporation of press brakes with IoT as one of the prime reasons driving the press brakes market growth during the next few years. Also, the development of robotic arms for press brake and the prevalence of 3D-printed press brake tools will lead to sizable demand in the market.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on press brakes market covers the following areas:
• Press brakes market sizing
• Press brakes market forecast
• Press brakes market industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading press brakes market vendors that include ADIRA - METAL FORMING SOLUTIONS SA, AMADA Co. Ltd., Baileigh Industrial Holdings LLC, CINCINNATI Inc., Dimeco Group, EUROMAC Spa, Gasparini Industries Srl, Mitsubishi Corp., Prada Nargesa SL, and TRUMPF GmbH + Co. KG. Also, the press brakes market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Read the full report: https://www.reportlinker.com/p03816829/?utm_source=GNW

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