PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1401919
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1401919
Integrated Robotic Bending System Market Forecasts to 2030 - Global Analysis By Type (4 Axis, 6 Axis and 8 Axis), By Application (Architectural and Construction, Automotive Manufacturing and Other Applications) and By Geography
According to Stratistics MRC, the Global Integrated Robotic Bending System Market is growing at a CAGR of 11.8% during the forecast period. An integrated robotic bending system refers to a comprehensive setup that combines robotic technology with bending equipment for automated metal fabrication. This system integrates robotic arms equipped with specialized end-effectors, bending machinery, and control software. It automates the bending process, enhancing precision and efficiency in shaping metal sheets or components according to programmed specifications. It is often used in industries like automotive, aerospace, and manufacturing for production efficiency.
According to IFR 2022, Robots for domestic tasks constituted the largest group of consumer robots. Almost 19 million units (+12%) were sold.
Market Dynamics:
Driver:
Rising demand for precision and quality
Robotic bending systems offer unparalleled accuracy, enabling precise bends with consistent quality across varied materials and complex designs. This demand stems from industries like automotive, aerospace, and electronics, where components demand exact specifications. As quality assurance becomes a paramount concern, the adoption of integrated robotic bending systems rises, driven by the imperative for precise, reliable and error-free manufacturing in diverse applications.
Restraint:
High investments
The initial capital required for purchasing, implementing and integrating robotic bending systems into existing manufacturing setups can be substantial. This investment encompasses not only the cost of the robotic equipment but also expenses for training, system integration, maintenance, and infrastructure upgrades. Additionally, for smaller or budget-constrained enterprises, this financial outlay might hinder the adoption of these systems.
Opportunity:
Expanding markets in developing regions
Expanding markets in developing regions present significant opportunities in the integrated robotic bending system market. These regions, experiencing industrial growth across sectors like automotive, construction, and manufacturing, seek advanced automation solutions to improve production efficiency. The adoption of robotic bending systems in these emerging markets offers avenues for technology providers to introduce innovative solutions tailored to diverse manufacturing needs. Additionally, factors like increasing urbanization, infrastructure development, and the rising demand for precision manufacturing in developing economies further drive market expansion.
Threat:
Lack of skilled personnel and integration challenges
The scarcity of skilled personnel and integration challenges pose a threat to the integrated robotic bending system market. Implementing these complex systems requires specialized expertise in programming, maintenance and system integration. The shortage of skilled professionals proficient in both robotics and manufacturing hampers seamless adoption. Additionally, integration complexities, including interoperability issues with existing machinery and software, hinder smooth implementation. All of these factors affect market expansion.
COVID-19 Impact:
The COVID-19 pandemic disrupted the Integrated Robotic Bending System market, causing production slowdowns and supply chain disruptions. Industries, including automotive and manufacturing, faced reduced investments in automation due to economic uncertainties. However, the crisis highlighted the importance of automated systems for operational resilience, prompting a renewed interest in robotics for efficient and contactless manufacturing. This led to a gradual recovery as industries sought to enhance productivity and adapt to changing market demands.
The 6 axis segment is expected to be the largest during the forecast period
The 6 axis segment is projected to dominate the integrated robotic bending system market due to its versatility and agility. Robotic systems with six axes provide greater flexibility in maneuvering and positioning during the bending process, accommodating complex shapes and varied material thicknesses. This configuration allows bending machines to reach multiple angles and perform intricate bends accurately. Industries, particularly automotive and aerospace, favor 6 Axis systems for their ability to handle diverse production needs, offering enhanced productivity, precision, and the capacity to work on a wide range of components, solidifying its position in the market.
The automotive manufacturing segment is expected to have the highest CAGR during the forecast period
The automotive manufacturing segment is anticipated to witness the highest CAGR in the market due to increasing demand for precision-formed components. Integrated robotic bending systems streamline production processes, ensuring high accuracy and consistency in shaping automotive parts like body panels, chassis components and frames. Additionally, the demand for streamlined manufacturing processes, reduced cycle times and improved product quality in the automotive domain positions this segment for significant growth.
Region with largest share:
North America is poised to command the largest market share in the integrated robotic bending system market during the forecast period. This dominance is attributed to the region's robust automotive manufacturing sector, which is increasingly adopting automated bending systems to enhance production efficiency and precision. Additionally, the demand for innovative manufacturing solutions and the presence of key market players contribute to North America's significant market share in the integrated robotic bending system market.
Region with highest CAGR:
The Asia Pacific region is poised for significant growth in the integrated robotic bending system market due to the region's robust manufacturing sector, particularly in countries like China, Japan and South Korea. Increased adoption of advanced technologies and a growing emphasis on precision manufacturing fuel the demand for robotic bending systems. Additionally, government initiatives promoting industrial automation and the region's expanding infrastructure further contribute to the Asia Pacific's promising position, expecting substantial market growth in robotic bending systems.
Key players in the market:
Some of the key players in Integrated Robotic Bending System Market include Bystronic, Trumpf, Amada, Salvagnini Group, Prima Power, Mitsubishi Electric Corporation, Murata Machinery, Yaskawa Motoman Robotics, Kuka, ABB Robotics, FANUC Corporation, Euromac S.P.A. and Wemo Automation.
Key Developments:
In October 2023, TRUMPF is poised to launch its TruMatic 5000 manufacturing cell with the new SheetMaster at Blechexpo in Stuttgart. Users of the new system will benefit from fully automated laser-cutting, punching and forming capabilities. The new SheetMaster enables a fully automated flow of materials within the manufacturing cell - from loading and unloading the machine to removing finished parts. TRUMPF's new machine is equipped with a six-kilowatt fiber laser to maximize productivity.
In September 2023, TRUMPF Photonic Components, a global leader in high-speed VCSEL and photodiode solutions for data communication, and KDPOF, an expert in high-speed optical networking solutions based in Spain, will showcase the first 980nm multi-gigabit interconnect system for automotive systems at the European Conference for Optical Communication (ECOC), to be held in Glasgow on October 1st-5th.
In September 2022, Murata Machinery, Ltd. has established Murata Machinery Malaysia Sdn. Bhd. in Kuala Lumpur for the local subsidiary of sales, installation, technical services of Logistics System, Material Handling System for Semiconductor Fab, and the company began operation in September.
Types Covered:
- 4 Axis
- 6 Axis
- 8 Axis
Applications Covered:
- Architectural and Construction
- Automotive Manufacturing
- Industrial Equipment and Machinery
- Medical Equipment Manufacturing
- Metal Furniture Production
- Other Applications
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Application Analysis
- 3.7 Emerging Markets
- 3.8 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Integrated Robotic Bending System Market, By Type
- 5.1 Introduction
- 5.2 4 Axis
- 5.3 6 Axis
- 5.4 8 Axis
6 Global Integrated Robotic Bending System Market, By Application
- 6.1 Introduction
- 6.2 Architectural and Construction
- 6.3 Automotive Manufacturing
- 6.4 Industrial Equipment and Machinery
- 6.5 Medical Equipment Manufacturing
- 6.6 Metal Furniture Production
- 6.7 Other Applications
7 Global Integrated Robotic Bending System Market, By Geography
- 7.1 Introduction
- 7.2 North America
- 7.2.1 US
- 7.2.2 Canada
- 7.2.3 Mexico
- 7.3 Europe
- 7.3.1 Germany
- 7.3.2 UK
- 7.3.3 Italy
- 7.3.4 France
- 7.3.5 Spain
- 7.3.6 Rest of Europe
- 7.4 Asia Pacific
- 7.4.1 Japan
- 7.4.2 China
- 7.4.3 India
- 7.4.4 Australia
- 7.4.5 New Zealand
- 7.4.6 South Korea
- 7.4.7 Rest of Asia Pacific
- 7.5 South America
- 7.5.1 Argentina
- 7.5.2 Brazil
- 7.5.3 Chile
- 7.5.4 Rest of South America
- 7.6 Middle East & Africa
- 7.6.1 Saudi Arabia
- 7.6.2 UAE
- 7.6.3 Qatar
- 7.6.4 South Africa
- 7.6.5 Rest of Middle East & Africa
8 Key Developments
- 8.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 8.2 Acquisitions & Mergers
- 8.3 New Product Launch
- 8.4 Expansions
- 8.5 Other Key Strategies
9 Company Profiling
- 9.1 Bystronic
- 9.2 Trumpf
- 9.3 Amada
- 9.4 Salvagnini Group
- 9.5 Prima Power
- 9.6 Mitsubishi Electric Corporation
- 9.7 Murata Machinery
- 9.8 Yaskawa Motoman Robotics
- 9.9 Kuka
- 9.10 ABB Robotics
- 9.11 FANUC Corporation
- 9.12 Euromac S.P.A.
- 9.13 Wemo Automation
List of Tables
- Table 1 Global Integrated Robotic Bending System Market Outlook, By Region (2021-2030) ($MN)
- Table 2 Global Integrated Robotic Bending System Market Outlook, By Type (2021-2030) ($MN)
- Table 3 Global Integrated Robotic Bending System Market Outlook, By 4 Axis (2021-2030) ($MN)
- Table 4 Global Integrated Robotic Bending System Market Outlook, By 6 Axis (2021-2030) ($MN)
- Table 5 Global Integrated Robotic Bending System Market Outlook, By 8 Axis (2021-2030) ($MN)
- Table 6 Global Integrated Robotic Bending System Market Outlook, By Application (2021-2030) ($MN)
- Table 7 Global Integrated Robotic Bending System Market Outlook, By Architectural and Construction (2021-2030) ($MN)
- Table 8 Global Integrated Robotic Bending System Market Outlook, By Automotive Manufacturing (2021-2030) ($MN)
- Table 9 Global Integrated Robotic Bending System Market Outlook, By Industrial Equipment and Machinery (2021-2030) ($MN)
- Table 10 Global Integrated Robotic Bending System Market Outlook, By Medical Equipment Manufacturing (2021-2030) ($MN)
- Table 11 Global Integrated Robotic Bending System Market Outlook, By Metal Furniture Production (2021-2030) ($MN)
- Table 12 Global Integrated Robotic Bending System Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 13 North America Integrated Robotic Bending System Market Outlook, By Country (2021-2030) ($MN)
- Table 14 North America Integrated Robotic Bending System Market Outlook, By Type (2021-2030) ($MN)
- Table 15 North America Integrated Robotic Bending System Market Outlook, By 4 Axis (2021-2030) ($MN)
- Table 16 North America Integrated Robotic Bending System Market Outlook, By 6 Axis (2021-2030) ($MN)
- Table 17 North America Integrated Robotic Bending System Market Outlook, By 8 Axis (2021-2030) ($MN)
- Table 18 North America Integrated Robotic Bending System Market Outlook, By Application (2021-2030) ($MN)
- Table 19 North America Integrated Robotic Bending System Market Outlook, By Architectural and Construction (2021-2030) ($MN)
- Table 20 North America Integrated Robotic Bending System Market Outlook, By Automotive Manufacturing (2021-2030) ($MN)
- Table 21 North America Integrated Robotic Bending System Market Outlook, By Industrial Equipment and Machinery (2021-2030) ($MN)
- Table 22 North America Integrated Robotic Bending System Market Outlook, By Medical Equipment Manufacturing (2021-2030) ($MN)
- Table 23 North America Integrated Robotic Bending System Market Outlook, By Metal Furniture Production (2021-2030) ($MN)
- Table 24 North America Integrated Robotic Bending System Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 25 Asia Pacific Integrated Robotic Bending System Market Outlook, By Country (2021-2030) ($MN)
- Table 26 Asia Pacific Integrated Robotic Bending System Market Outlook, By Type (2021-2030) ($MN)
- Table 27 Asia Pacific Integrated Robotic Bending System Market Outlook, By 4 Axis (2021-2030) ($MN)
- Table 28 Asia Pacific Integrated Robotic Bending System Market Outlook, By 6 Axis (2021-2030) ($MN)
- Table 29 Asia Pacific Integrated Robotic Bending System Market Outlook, By 8 Axis (2021-2030) ($MN)
- Table 30 Asia Pacific Integrated Robotic Bending System Market Outlook, By Application (2021-2030) ($MN)
- Table 31 Asia Pacific Integrated Robotic Bending System Market Outlook, By Architectural and Construction (2021-2030) ($MN)
- Table 32 Asia Pacific Integrated Robotic Bending System Market Outlook, By Automotive Manufacturing (2021-2030) ($MN)
- Table 33 Asia Pacific Integrated Robotic Bending System Market Outlook, By Industrial Equipment and Machinery (2021-2030) ($MN)
- Table 34 Asia Pacific Integrated Robotic Bending System Market Outlook, By Medical Equipment Manufacturing (2021-2030) ($MN)
- Table 35 Asia Pacific Integrated Robotic Bending System Market Outlook, By Metal Furniture Production (2021-2030) ($MN)
- Table 36 Asia Pacific Integrated Robotic Bending System Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 37 Europe Integrated Robotic Bending System Market Outlook, By Country (2021-2030) ($MN)
- Table 38 Europe Integrated Robotic Bending System Market Outlook, By Type (2021-2030) ($MN)
- Table 39 Europe Integrated Robotic Bending System Market Outlook, By 4 Axis (2021-2030) ($MN)
- Table 40 Europe Integrated Robotic Bending System Market Outlook, By 6 Axis (2021-2030) ($MN)
- Table 41 Europe Integrated Robotic Bending System Market Outlook, By 8 Axis (2021-2030) ($MN)
- Table 42 Europe Integrated Robotic Bending System Market Outlook, By Application (2021-2030) ($MN)
- Table 43 Europe Integrated Robotic Bending System Market Outlook, By Architectural and Construction (2021-2030) ($MN)
- Table 44 Europe Integrated Robotic Bending System Market Outlook, By Automotive Manufacturing (2021-2030) ($MN)
- Table 45 Europe Integrated Robotic Bending System Market Outlook, By Industrial Equipment and Machinery (2021-2030) ($MN)
- Table 46 Europe Integrated Robotic Bending System Market Outlook, By Medical Equipment Manufacturing (2021-2030) ($MN)
- Table 47 Europe Integrated Robotic Bending System Market Outlook, By Metal Furniture Production (2021-2030) ($MN)
- Table 48 Europe Integrated Robotic Bending System Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 49 Asia Pacific Integrated Robotic Bending System Market Outlook, By Country (2021-2030) ($MN)
- Table 50 Asia Pacific Integrated Robotic Bending System Market Outlook, By Type (2021-2030) ($MN)
- Table 51 Asia Pacific Integrated Robotic Bending System Market Outlook, By 4 Axis (2021-2030) ($MN)
- Table 52 Asia Pacific Integrated Robotic Bending System Market Outlook, By 6 Axis (2021-2030) ($MN)
- Table 53 Asia Pacific Integrated Robotic Bending System Market Outlook, By 8 Axis (2021-2030) ($MN)
- Table 54 Asia Pacific Integrated Robotic Bending System Market Outlook, By Application (2021-2030) ($MN)
- Table 55 Asia Pacific Integrated Robotic Bending System Market Outlook, By Architectural and Construction (2021-2030) ($MN)
- Table 56 Asia Pacific Integrated Robotic Bending System Market Outlook, By Automotive Manufacturing (2021-2030) ($MN)
- Table 57 Asia Pacific Integrated Robotic Bending System Market Outlook, By Industrial Equipment and Machinery (2021-2030) ($MN)
- Table 58 Asia Pacific Integrated Robotic Bending System Market Outlook, By Medical Equipment Manufacturing (2021-2030) ($MN)
- Table 59 Asia Pacific Integrated Robotic Bending System Market Outlook, By Metal Furniture Production (2021-2030) ($MN)
- Table 60 Asia Pacific Integrated Robotic Bending System Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 61 South America Integrated Robotic Bending System Market Outlook, By Country (2021-2030) ($MN)
- Table 62 South America Integrated Robotic Bending System Market Outlook, By Type (2021-2030) ($MN)
- Table 63 South America Integrated Robotic Bending System Market Outlook, By 4 Axis (2021-2030) ($MN)
- Table 64 South America Integrated Robotic Bending System Market Outlook, By 6 Axis (2021-2030) ($MN)
- Table 65 South America Integrated Robotic Bending System Market Outlook, By 8 Axis (2021-2030) ($MN)
- Table 66 South America Integrated Robotic Bending System Market Outlook, By Application (2021-2030) ($MN)
- Table 67 South America Integrated Robotic Bending System Market Outlook, By Architectural and Construction (2021-2030) ($MN)
- Table 68 South America Integrated Robotic Bending System Market Outlook, By Automotive Manufacturing (2021-2030) ($MN)
- Table 69 South America Integrated Robotic Bending System Market Outlook, By Industrial Equipment and Machinery (2021-2030) ($MN)
- Table 70 South America Integrated Robotic Bending System Market Outlook, By Medical Equipment Manufacturing (2021-2030) ($MN)
- Table 71 South America Integrated Robotic Bending System Market Outlook, By Metal Furniture Production (2021-2030) ($MN)
- Table 72 South America Integrated Robotic Bending System Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 73 Middle East & Africa Integrated Robotic Bending System Market Outlook, By Country (2021-2030) ($MN)
- Table 74 Middle East & Africa Integrated Robotic Bending System Market Outlook, By Type (2021-2030) ($MN)
- Table 75 Middle East & Africa Integrated Robotic Bending System Market Outlook, By 4 Axis (2021-2030) ($MN)
- Table 76 Middle East & Africa Integrated Robotic Bending System Market Outlook, By 6 Axis (2021-2030) ($MN)
- Table 77 Middle East & Africa Integrated Robotic Bending System Market Outlook, By 8 Axis (2021-2030) ($MN)
- Table 78 Middle East & Africa Integrated Robotic Bending System Market Outlook, By Application (2021-2030) ($MN)
- Table 79 Middle East & Africa Integrated Robotic Bending System Market Outlook, By Architectural and Construction (2021-2030) ($MN)
- Table 80 Middle East & Africa Integrated Robotic Bending System Market Outlook, By Automotive Manufacturing (2021-2030) ($MN)
- Table 81 Middle East & Africa Integrated Robotic Bending System Market Outlook, By Industrial Equipment and Machinery (2021-2030) ($MN)
- Table 82 Middle East & Africa Integrated Robotic Bending System Market Outlook, By Medical Equipment Manufacturing (2021-2030) ($MN)
- Table 83 Middle East & Africa Integrated Robotic Bending System Market Outlook, By Metal Furniture Production (2021-2030) ($MN)
- Table 84 Middle East & Africa Integrated Robotic Bending System Market Outlook, By Other Applications (2021-2030) ($MN)
