The North America Press Brakes Market would witness market growth of 5.1% CAGR during the forecast period (2023-2030).
The US market dominated the North America Press Brakes Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $173,390.8 Thousands by 2030. The Canada market is experiencing a CAGR of 7.1% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 6.5% during (2023 - 2030).
These machines streamline the bending process, reducing setup times, cycle times, and material waste compared to traditional manual bending methods. Automated machines with advanced features such as computer numerical control (CNC), robotic integration, and tooling automation enhance efficiency and productivity by minimizing manual intervention and maximizing throughput. High level of precision is critical in industries such as automotive, aerospace, and electronics, where components must meet strict quality standards and dimensional requirements.
Additionally, press brake manufacturers continuously innovate and introduce new features, technologies, and machine configurations to address evolving customer needs and market trends. This culture of innovation drives adoption by offering customers access to cutting-edge solutions that improve productivity, quality, and competitiveness.
With growing investment in aerospace manufacturing facilities across Canada, there will be an increased need for advanced precision manufacturing equipment like these machines. As per the data from the Government of Canada, with a total budget of $250 million over three years (until March 31, 2024), the Aerospace Regional Recovery Initiative (ARRI) was delivered by Canada's regional development agencies (RDAs). Likewise, the expansion of energy production provides a growth environment for the market. As per the International Trade Administration (ITA), Mexico's goal is to 35 percent of electricity from clean energy sources by 2024, which includes power regeneration from renewable and non-renewable sources such as nuclear and efficient cogeneration. Hence, the increasing investment in the aerospace industry and rising energy production in the region propel the market's growth.
Free Valuable Insights: The Press Brakes Market is Predict 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 U.S., Mexico, Canada, and Rest of North America.
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.
North America 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
- US
- Canada
- Mexico
- Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Press Brakes Market, by Power Source
1.4.2 North America Press Brakes Market, by Axis
1.4.3 North America Press Brakes Market, by Product Type
1.4.4 North America Press Brakes Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. North America Press Brakes Market by Power Source
4.1 North America Electric Market by Region
4.2 North America Hydraulic Market by Region
Chapter 5. North America Press Brakes Market by Axis
5.1 North America 2 to 4 Axis Market by Country
5.2 North America 4 to 6 Axis Market by Country
5.3 North America 6 to 8 Axis Market by Country
Chapter 6. North America Press Brakes Market by Product Type
6.1 North America Hydraulic Market by Country
6.2 North America Servo-Electric Market by Country
6.3 North America Hybrid Market by Country
6.4 North America Others Market by Country
Chapter 7. North America Press Brakes Market by Country
7.1 US Press Brakes Market
7.1.1 US Press Brakes Market by Power Source
7.1.2 US Press Brakes Market by Axis
7.1.3 US Press Brakes Market by Product Type
7.2 Canada Press Brakes Market
7.2.1 Canada Press Brakes Market by Power Source
7.2.2 Canada Press Brakes Market by Axis
7.2.3 Canada Press Brakes Market by Product Type
7.3 Mexico Press Brakes Market
7.3.1 Mexico Press Brakes Market by Power Source
7.3.2 Mexico Press Brakes Market by Axis
7.3.3 Mexico Press Brakes Market by Product Type
7.4 Rest of North America Press Brakes Market
7.4.1 Rest of North America Press Brakes Market by Power Source
7.4.2 Rest of North America Press Brakes Market by Axis
7.4.3 Rest of North America Press Brakes Market by Product Type
Chapter 8. Company Profiles
8.1 Baykal Makine San. Tic. A.Ş.
8.1.1 Company Overview
8.2 Anhui donghai yuxiang import&export Co.,Ltd
8.2.1 Company Overview
8.3 Ermaksan
8.3.1 Company Overview
8.4 Cincinnati Incorporated
8.4.1 Company Overview
8.5 Dener Makina
8.5.1 Company Overview
8.6 ACCURL CNC MACHINE (ANHUI) MANUFACTORY CO.LTD.
8.6.1 Company Overview
8.7 LVD Company NV
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Product Launches and Product Expansions:
8.8 Prima Industrie S.p.A.
8.8.1 Company Overview
8.9 Durmazlar Machinery Inc.
8.9.1 Company Overview
8.10. Amada Co., Ltd.
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expenses
8.10.5 Recent strategies and developments:
8.10.5.1 Product Launches and Product Expansions:
8.10.6 SWOT Analysis
TABLE 1 North America Press Brakes Market, 2019 - 2022, USD Thousands
TABLE 2 North America Press Brakes Market, 2023 - 2030, USD Thousands
TABLE 3 North America Press Brakes Market by Power Source, 2019 - 2022, USD Thousands
TABLE 4 North America Press Brakes Market by Power Source, 2023 - 2030, USD Thousands
TABLE 5 North America Electric Market by Region, 2019 - 2022, USD Thousands
TABLE 6 North America Electric Market by Region, 2023 - 2030, USD Thousands
TABLE 7 North America Hydraulic Market by Region, 2019 - 2022, USD Thousands
TABLE 8 North America Hydraulic Market by Region, 2023 - 2030, USD Thousands
TABLE 9 North America Press Brakes Market by Axis, 2019 - 2022, USD Thousands
TABLE 10 North America Press Brakes Market by Axis, 2023 - 2030, USD Thousands
TABLE 11 North America 2 to 4 Axis Market by Country, 2019 - 2022, USD Thousands
TABLE 12 North America 2 to 4 Axis Market by Country, 2023 - 2030, USD Thousands
TABLE 13 North America 4 to 6 Axis Market by Country, 2019 - 2022, USD Thousands
TABLE 14 North America 4 to 6 Axis Market by Country, 2023 - 2030, USD Thousands
TABLE 15 North America 6 to 8 Axis Market by Country, 2019 - 2022, USD Thousands
TABLE 16 North America 6 to 8 Axis Market by Country, 2023 - 2030, USD Thousands
TABLE 17 North America Press Brakes Market by Product Type, 2019 - 2022, USD Thousands
TABLE 18 North America Press Brakes Market by Product Type, 2023 - 2030, USD Thousands
TABLE 19 North America Hydraulic Market by Country, 2019 - 2022, USD Thousands
TABLE 20 North America Hydraulic Market by Country, 2023 - 2030, USD Thousands
TABLE 21 North America Servo-Electric Market by Country, 2019 - 2022, USD Thousands
TABLE 22 North America Servo-Electric Market by Country, 2023 - 2030, USD Thousands
TABLE 23 North America Hybrid Market by Country, 2019 - 2022, USD Thousands
TABLE 24 North America Hybrid Market by Country, 2023 - 2030, USD Thousands
TABLE 25 North America Others Market by Country, 2019 - 2022, USD Thousands
TABLE 26 North America Others Market by Country, 2023 - 2030, USD Thousands
TABLE 27 North America Press Brakes Market by Country, 2019 - 2022, USD Thousands
TABLE 28 North America Press Brakes Market by Country, 2023 - 2030, USD Thousands
TABLE 29 US Press Brakes Market, 2019 - 2022, USD Thousands
TABLE 30 US Press Brakes Market, 2023 - 2030, USD Thousands
TABLE 31 US Press Brakes Market by Power Source, 2019 - 2022, USD Thousands
TABLE 32 US Press Brakes Market by Power Source, 2023 - 2030, USD Thousands
TABLE 33 US Press Brakes Market by Axis, 2019 - 2022, USD Thousands
TABLE 34 US Press Brakes Market by Axis, 2023 - 2030, USD Thousands
TABLE 35 US Press Brakes Market by Product Type, 2019 - 2022, USD Thousands
TABLE 36 US Press Brakes Market by Product Type, 2023 - 2030, USD Thousands
TABLE 37 Canada Press Brakes Market, 2019 - 2022, USD Thousands
TABLE 38 Canada Press Brakes Market, 2023 - 2030, USD Thousands
TABLE 39 Canada Press Brakes Market by Power Source, 2019 - 2022, USD Thousands
TABLE 40 Canada Press Brakes Market by Power Source, 2023 - 2030, USD Thousands
TABLE 41 Canada Press Brakes Market by Axis, 2019 - 2022, USD Thousands
TABLE 42 Canada Press Brakes Market by Axis, 2023 - 2030, USD Thousands
TABLE 43 Canada Press Brakes Market by Product Type, 2019 - 2022, USD Thousands
TABLE 44 Canada Press Brakes Market by Product Type, 2023 - 2030, USD Thousands
TABLE 45 Mexico Press Brakes Market, 2019 - 2022, USD Thousands
TABLE 46 Mexico Press Brakes Market, 2023 - 2030, USD Thousands
TABLE 47 Mexico Press Brakes Market by Power Source, 2019 - 2022, USD Thousands
TABLE 48 Mexico Press Brakes Market by Power Source, 2023 - 2030, USD Thousands
TABLE 49 Mexico Press Brakes Market by Axis, 2019 - 2022, USD Thousands
TABLE 50 Mexico Press Brakes Market by Axis, 2023 - 2030, USD Thousands
TABLE 51 Mexico Press Brakes Market by Product Type, 2019 - 2022, USD Thousands
TABLE 52 Mexico Press Brakes Market by Product Type, 2023 - 2030, USD Thousands
TABLE 53 Rest of North America Press Brakes Market, 2019 - 2022, USD Thousands
TABLE 54 Rest of North America Press Brakes Market, 2023 - 2030, USD Thousands
TABLE 55 Rest of North America Press Brakes Market by Power Source, 2019 - 2022, USD Thousands
TABLE 56 Rest of North America Press Brakes Market by Power Source, 2023 - 2030, USD Thousands
TABLE 57 Rest of North America Press Brakes Market by Axis, 2019 - 2022, USD Thousands
TABLE 58 Rest of North America Press Brakes Market by Axis, 2023 - 2030, USD Thousands
TABLE 59 Rest of North America Press Brakes Market by Product Type, 2019 - 2022, USD Thousands
TABLE 60 Rest of North America Press Brakes Market by Product Type, 2023 - 2030, USD Thousands
TABLE 61 Key Information – Baykal Makine San. Tic. A.Ş.
TABLE 62 Key Information – Anhui donghai yuxiang import&export Co.,Ltd
TABLE 63 Key Information – Ermaksan
TABLE 64 Key Information – Cincinnati Incorporated
TABLE 65 Key Information – Dener Makina
TABLE 66 Key Information – ACCURL CNC MACHINE (ANHUI) MANUFACTORY CO.LTD.
TABLE 67 Key Information – LVD Company NV
TABLE 68 Key Information – Prima Industrie S.p.A.
TABLE 69 Key Information – Durmazlar Machinery Inc.
TABLE 70 Key Information – Amada Co., Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 North America 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 North America Press Brakes Market share by Power Source, 2022
FIG 6 North America Press Brakes Market share by Power Source, 2030
FIG 7 North America Press Brakes Market by Power Source, 2019 - 2030, USD Thousands
FIG 8 North America Press Brakes Market share by Axis, 2022
FIG 9 North America Press Brakes Market share by Axis, 2030
FIG 10 North America Press Brakes Market by Axis, 2019 - 2030, USD Thousands
FIG 11 North America Press Brakes Market share by Product Type, 2022
FIG 12 North America Press Brakes Market share by Product Type, 2030
FIG 13 North America Press Brakes Market by Product Type, 2019 - 2030, USD Thousands
FIG 14 North America Press Brakes Market share by Country, 2022
FIG 15 North America Press Brakes Market share by Country, 2030
FIG 16 North America Press Brakes Market by Country, 2019 - 2030, USD Thousands
FIG 17 SWOT Analysis: Amada Co., Ltd.