What is Bandsaw Machine Market?
The global Bandsaw Machine market is expected to witness high demand in the forecasted period due to increasing construction and mining equipment. and The bandsaw has been a mainstay woodcutting machinery of furniture makers, wooden boats, and component builders for well over a century. Bandsaws are inherently safer than table saws and act as a product substitute because the danger of kickback is eliminated. Bandsaw machine is a machine tool, one of the two sawing machines, designed to cut off wood, bar stock, tubing, pipe, or any metal stock within its capacity, or to cut sheet stock to desired contours.
The market study is being classified by Type (Vertical and Horizontal), by Application (Wood Processing Industry, Rubber, Automotive, Plastic, Paper, Electronic & Electrical and Glass) and major geographies with country level break-up.
The L. S. Starrett Company Limited (United Kingdom), Multicut Machine Tools. (India), MEGA MACHINE CO., LTD. (Taiwan), EVERISING MACHINE CO. (Taiwan), Indotech Industries (I) Pvt. Ltd (India), Cosen Saws (United States), ITL Industries Limited (India), Marshall Machinery (United States), TecSaw International Limited. (Canada) and Pro-Mech Enginering (India) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Prosaw Ltd (United Kingdom).
Research Analyst at AMA predicts that Asian Manufacturers will contribute to the maximum growth of Global Bandsaw Machine market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Bandsaw Machine market by Type, Application and Region.
On the basis of geography, the market of Bandsaw Machine has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing Automotive Industries Driving the Demand for Bandsaw Machines
- The rapidly growing wood processing industry
- The growth in energy production through the use of biomass would increase the demand for biomass
- Rapidly growing rubber industry
- The issue related to govt. Compliance & policies
- High demand due to the rapid rate of industrialization and emerging economy such as China, Malaysia, Brazil, and India
- The concern related to the high maintenance cost
Market Leaders and some development strategies
In July 2018, Amada Holdings Co., Ltd., a manufacturer of metal processing equipment and machinery, acquired Marvel Manufacturing Co., Inc., a U.S.-based metal-cutting manufacturer. After the acquisition, Marvel Manufacturing Co., Inc. was renamed Amada Marvel, Inc. The acquisition led to the addition of bandsaws for lightweight structural steels to AMADA’s product lineup.
Key Target AudienceManufacturer, Suppliers, Distributors, Government Regulatory Bodies, Private Research Organization, Government Research Organization and Others
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