The Latin America, Middle East and Africa Press Brakes Market would witness market growth of 8.4% CAGR during the forecast period (2023-2030).
The Brazil market dominated the LAMEA Press Brakes Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $16,768 Thousands by 2030. The Argentina market is showcasing a CAGR of 9.4% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 8% during (2023 - 2030).
These machines are used in the railway and transportation industry to fabricate components used in locomotives, railcars, subway systems, and infrastructure. Applications include manufacturing frames, chassis, brackets, and various vehicle and system interior fittings. Also, these machines offer flexibility and versatility for producing custom and specialty components tailored to specific customer requirements.
Several trends shape the market, reflecting manufacturers' evolving needs and preferences across industries. These trends highlight the ongoing innovation, technological advancements, and market dynamics driving the development and adoption of press brake machines. Automation and robotics are revolutionizing press brake operations, enabling autonomous bending processes and reducing reliance on manual labor.
As the automotive industry expands in Saudi Arabia, there is a growing need for precision-formed metal components used in vehicle manufacturing, which increases the use of these machines. According to the ITA, the Middle East and North Africa (MENA) region is predicted to develop at a rate of 36%, with Saudi Arabia ranking first in the regional industry. Nearly 52% of cars sold in the Gulf Cooperation Council (GCC) and 35% in the Middle East and North Africa (MENA) were sold in Saudi Arabia in 2020. 2019 saw a total of 556,000 cars sold in Saudi Arabia, while 2020 saw 436,000 sold. By 2025, 543,000 units are expected to be sold. In conclusion, the expansion of the region's automotive industry is propelling the market's growth.
Free Valuable Insights: The Worldwide Press Brakes Market is Projected to reach USD 831.5 Million by 2030, at a CAGR of 5.7%
Based on Power Source, the market is segmented into Electric, and Hydraulic. Based on Axis, the market is segmented into 2 to 4 Axis, 4 to 6 Axis, and 6 to 8 Axis. Based on Product Type, the market is segmented into Hydraulic, Servo-Electric, Hybrid, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- Baykal Makine San. Tic. A.S.
- Amada Co., Ltd.
- ANHUI DONGHAI YUXIANG IMPORT&EXPORT CO.,LTD
- Ermaksan
- Cincinnati Incorporated
- Dener Makina
- ACCURL CNC MACHINE (ANHUI) MANUFACTORY CO.LTD.
- LVD Company NV
- Prima Industrie S.p.A.
- Durmazlar Machinery Inc.
LAMEA Press Brakes Market Report Segmentation
By Power Source
By Axis
- 2 to 4 Axis
- 4 to 6 Axis
- 6 to 8 Axis
By Product Type
- Hydraulic
- Servo-Electric
- Hybrid
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
TABLE 1 LAMEA Press Brakes Market, 2019 - 2022, USD Thousands
TABLE 2 LAMEA Press Brakes Market, 2023 - 2030, USD Thousands
TABLE 3 LAMEA Press Brakes Market by Power Source, 2019 - 2022, USD Thousands
TABLE 4 LAMEA Press Brakes Market by Power Source, 2023 - 2030, USD Thousands
TABLE 5 LAMEA Electric Market by Country, 2019 - 2022, USD Thousands
TABLE 6 LAMEA Electric Market by Country, 2023 - 2030, USD Thousands
TABLE 7 LAMEA Hydraulic Market by Country, 2019 - 2022, USD Thousands
TABLE 8 LAMEA Hydraulic Market by Country, 2023 - 2030, USD Thousands
TABLE 9 LAMEA Press Brakes Market by Axis, 2019 - 2022, USD Thousands
TABLE 10 LAMEA Press Brakes Market by Axis, 2023 - 2030, USD Thousands
TABLE 11 LAMEA 2 to 4 Axis Market by Country, 2019 - 2022, USD Thousands
TABLE 12 LAMEA 2 to 4 Axis Market by Country, 2023 - 2030, USD Thousands
TABLE 13 LAMEA 4 to 6 Axis Market by Country, 2019 - 2022, USD Thousands
TABLE 14 LAMEA 4 to 6 Axis Market by Country, 2023 - 2030, USD Thousands
TABLE 15 LAMEA 6 to 8 Axis Market by Country, 2019 - 2022, USD Thousands
TABLE 16 LAMEA 6 to 8 Axis Market by Country, 2023 - 2030, USD Thousands
TABLE 17 LAMEA Press Brakes Market by Product Type, 2019 - 2022, USD Thousands
TABLE 18 LAMEA Press Brakes Market by Product Type, 2023 - 2030, USD Thousands
TABLE 19 LAMEA Hydraulic Market by Country, 2019 - 2022, USD Thousands
TABLE 20 LAMEA Hydraulic Market by Country, 2023 - 2030, USD Thousands
TABLE 21 LAMEA Servo-Electric Market by Country, 2019 - 2022, USD Thousands
TABLE 22 LAMEA Servo-Electric Market by Country, 2023 - 2030, USD Thousands
TABLE 23 LAMEA Hybrid Market by Country, 2019 - 2022, USD Thousands
TABLE 24 LAMEA Hybrid Market by Country, 2023 - 2030, USD Thousands
TABLE 25 LAMEA Others Market by Country, 2019 - 2022, USD Thousands
TABLE 26 LAMEA Others Market by Country, 2023 - 2030, USD Thousands
TABLE 27 LAMEA Press Brakes Market by Country, 2019 - 2022, USD Thousands
TABLE 28 LAMEA Press Brakes Market by Country, 2023 - 2030, USD Thousands
TABLE 29 Brazil Press Brakes Market, 2019 - 2022, USD Thousands
TABLE 30 Brazil Press Brakes Market, 2023 - 2030, USD Thousands
TABLE 31 Brazil Press Brakes Market by Power Source, 2019 - 2022, USD Thousands
TABLE 32 Brazil Press Brakes Market by Power Source, 2023 - 2030, USD Thousands
TABLE 33 Brazil Press Brakes Market by Axis, 2019 - 2022, USD Thousands
TABLE 34 Brazil Press Brakes Market by Axis, 2023 - 2030, USD Thousands
TABLE 35 Brazil Press Brakes Market by Product Type, 2019 - 2022, USD Thousands
TABLE 36 Brazil Press Brakes Market by Product Type, 2023 - 2030, USD Thousands
TABLE 37 Argentina Press Brakes Market, 2019 - 2022, USD Thousands
TABLE 38 Argentina Press Brakes Market, 2023 - 2030, USD Thousands
TABLE 39 Argentina Press Brakes Market by Power Source, 2019 - 2022, USD Thousands
TABLE 40 Argentina Press Brakes Market by Power Source, 2023 - 2030, USD Thousands
TABLE 41 Argentina Press Brakes Market by Axis, 2019 - 2022, USD Thousands
TABLE 42 Argentina Press Brakes Market by Axis, 2023 - 2030, USD Thousands
TABLE 43 Argentina Press Brakes Market by Product Type, 2019 - 2022, USD Thousands
TABLE 44 Argentina Press Brakes Market by Product Type, 2023 - 2030, USD Thousands
TABLE 45 UAE Press Brakes Market, 2019 - 2022, USD Thousands
TABLE 46 UAE Press Brakes Market, 2023 - 2030, USD Thousands
TABLE 47 UAE Press Brakes Market by Power Source, 2019 - 2022, USD Thousands
TABLE 48 UAE Press Brakes Market by Power Source, 2023 - 2030, USD Thousands
TABLE 49 UAE Press Brakes Market by Axis, 2019 - 2022, USD Thousands
TABLE 50 UAE Press Brakes Market by Axis, 2023 - 2030, USD Thousands
TABLE 51 UAE Press Brakes Market by Product Type, 2019 - 2022, USD Thousands
TABLE 52 UAE Press Brakes Market by Product Type, 2023 - 2030, USD Thousands
TABLE 53 Saudi Arabia Press Brakes Market, 2019 - 2022, USD Thousands
TABLE 54 Saudi Arabia Press Brakes Market, 2023 - 2030, USD Thousands
TABLE 55 Saudi Arabia Press Brakes Market by Power Source, 2019 - 2022, USD Thousands
TABLE 56 Saudi Arabia Press Brakes Market by Power Source, 2023 - 2030, USD Thousands
TABLE 57 Saudi Arabia Press Brakes Market by Axis, 2019 - 2022, USD Thousands
TABLE 58 Saudi Arabia Press Brakes Market by Axis, 2023 - 2030, USD Thousands
TABLE 59 Saudi Arabia Press Brakes Market by Product Type, 2019 - 2022, USD Thousands
TABLE 60 Saudi Arabia Press Brakes Market by Product Type, 2023 - 2030, USD Thousands
TABLE 61 South Africa Press Brakes Market, 2019 - 2022, USD Thousands
TABLE 62 South Africa Press Brakes Market, 2023 - 2030, USD Thousands
TABLE 63 South Africa Press Brakes Market by Power Source, 2019 - 2022, USD Thousands
TABLE 64 South Africa Press Brakes Market by Power Source, 2023 - 2030, USD Thousands
TABLE 65 South Africa Press Brakes Market by Axis, 2019 - 2022, USD Thousands
TABLE 66 South Africa Press Brakes Market by Axis, 2023 - 2030, USD Thousands
TABLE 67 South Africa Press Brakes Market by Product Type, 2019 - 2022, USD Thousands
TABLE 68 South Africa Press Brakes Market by Product Type, 2023 - 2030, USD Thousands
TABLE 69 Nigeria Press Brakes Market, 2019 - 2022, USD Thousands
TABLE 70 Nigeria Press Brakes Market, 2023 - 2030, USD Thousands
TABLE 71 Nigeria Press Brakes Market by Power Source, 2019 - 2022, USD Thousands
TABLE 72 Nigeria Press Brakes Market by Power Source, 2023 - 2030, USD Thousands
TABLE 73 Nigeria Press Brakes Market by Axis, 2019 - 2022, USD Thousands
TABLE 74 Nigeria Press Brakes Market by Axis, 2023 - 2030, USD Thousands
TABLE 75 Nigeria Press Brakes Market by Product Type, 2019 - 2022, USD Thousands
TABLE 76 Nigeria Press Brakes Market by Product Type, 2023 - 2030, USD Thousands
TABLE 77 Rest of LAMEA Press Brakes Market, 2019 - 2022, USD Thousands
TABLE 78 Rest of LAMEA Press Brakes Market, 2023 - 2030, USD Thousands
TABLE 79 Rest of LAMEA Press Brakes Market by Power Source, 2019 - 2022, USD Thousands
TABLE 80 Rest of LAMEA Press Brakes Market by Power Source, 2023 - 2030, USD Thousands
TABLE 81 Rest of LAMEA Press Brakes Market by Axis, 2019 - 2022, USD Thousands
TABLE 82 Rest of LAMEA Press Brakes Market by Axis, 2023 - 2030, USD Thousands
TABLE 83 Rest of LAMEA Press Brakes Market by Product Type, 2019 - 2022, USD Thousands
TABLE 84 Rest of LAMEA Press Brakes Market by Product Type, 2023 - 2030, USD Thousands
TABLE 85 Key Information – Baykal Makine San. Tic. A.Ş.
TABLE 86 Key Information – Anhui donghai yuxiang import&export Co.,Ltd
TABLE 87 Key Information – Ermaksan
TABLE 88 Key Information – Cincinnati Incorporated
TABLE 89 Key Information – Dener Makina
TABLE 90 Key Information – ACCURL CNC MACHINE (ANHUI) MANUFACTORY CO.LTD.
TABLE 91 Key Information – LVD Company NV
TABLE 92 Key Information – Prima Industrie S.p.A.
TABLE 93 Key Information – Durmazlar Machinery Inc.
TABLE 94 Key Information – Amada Co., Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Press Brakes Market, 2019 - 2030, USD Thousands
FIG 3 Key Factors Impacting Press Brakes Market
FIG 4 Porter’s Five Forces Analysis – Press Brakes Market
FIG 5 LAMEA Press Brakes Market share by Power Source, 2022
FIG 6 LAMEA Press Brakes Market share by Power Source, 2030
FIG 7 LAMEA Press Brakes Market by Power Source, 2019 - 2030, USD Thousands
FIG 8 LAMEA Press Brakes Market share by Axis, 2022
FIG 9 LAMEA Press Brakes Market share by Axis, 2030
FIG 10 LAMEA Press Brakes Market by Axis, 2019 - 2030, USD Thousands
FIG 11 LAMEA Press Brakes Market share by Product Type, 2022
FIG 12 LAMEA Press Brakes Market share by Product Type, 2030
FIG 13 LAMEA Press Brakes Market by Product Type, 2019 - 2030, USD Thousands
FIG 14 LAMEA Press Brakes Market share by Country, 2022
FIG 15 LAMEA Press Brakes Market share by Country, 2030
FIG 16 LAMEA Press Brakes Market by Country, 2019 - 2030, USD Thousands
FIG 17 SWOT Analysis: Amada Co., Ltd.