Roll forming machines are versatile metal forming machines used to shape sheet metal into various cross-sectional profiles by mechanically deforming the metal between pairs of parallel work rolls. These machines offer advantages such as higher productivity, material yield, and accuracy as compared to conventional fabrication techniques. Roll forming finds applications in manufacturing components for automobiles, buildings, appliances, HVAC ducting and many other industrial goods where long, curved or customized sections are required. The need for automating manufacturing processes across end-use industries to improve productivity and reduce production costs has been a key factor driving the demand for roll forming machines.
The global roll forming machine market is estimated to be valued at USD 9.34 Bn in 2024. The market is expected to reach USD 11.95 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 3.6% from 2024 to 2031.
Key Takeaways
Key players operating in the Roll Forming Machine market are Formtek, LLC, JMT USA, BLM GROUP, A. K. K. Machinery, HSGM (Huangshan Gangming Machinery Co., Ltd.), Haeusler AG, TH Lemont, G. A. S. International, Dalian Sanyou Machinery Co., Ltd., Wicona, KUKA AG, Baileigh Industrial, H. W. St. John, Inc., CSM Machinery, and TMT Machinery. The automotive industry has been a major contributor to the growth of the market.
Roll Forming Machine Market Growth parts are widely used in manufacturing vehicle frames, closures, wheels, and other structural and non-structural components. Growing vehicle production across regions is expected to drive the demand for roll forming machines.
Technological advancements such as automated tooling systems, integrated roll crowning systems and IIoT connectivity have improved the productivity, efficiency and competitiveness of roll forming operations. Roll forming machine builders are focusing on developing smart, digitally empowered systems with features such as remote access, predictive maintenance and error detection.
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