Report Code: A10037 | Pages: NA | Mar 2023 | 1025 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Bandsaw Machines Market
Request Now !Bandsaw is similar to a power saw provided with a sharp, long blade that uses a continuous metal toothed band extending between a varying number of wheels to process material. Most bandsaw machines use only two wheels for functioning. They are mainly used for woodworking, lumbering, and metalworking, but they can cut a wide range of materials. The benefits of a bandsaw machine are its uniform cutting process due to the tooth load being distributed evenly and the ability to cut curved or uneven shapes. Most bandsaw machines contain two wheels that are rotating in one plane, one of the wheels is powered, although some can have more than two wheels to distribute the load. The cutting blade comes in various tooth pitches and sizes, enabling flexibility of the machine in many ways and to cut a variety of materials such as metal, wood, and plastic.Â
Market scope and structure analysis:
Report Metric | Details |
 Market size available for years |  2019–2027 |
 Base year considered |  2019 |
 Forecast period |  2020–2027 |
 Forecast unit |  Value (USD Million) |
 Segments covered |  Type, End-use Industry, Technology, and Region |
 Regions covered | North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM), and the Middle East and Africa |
 Companies covered | Cobra Bandsaw Machines, Prosaw Ltd, The L.S.Starrett Company Limited, Multicut Machine Tools, Vishwacon Engineers Private Limited, Meba, MEGA MACHINE CO. LTD., EVERISING MACHINE CO., Cosen Saws, and ITL Industries Limited  |
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COVID-19 scenario analysis:
Rapid growth in the wood processing industry can be attributed to the high demand for bandsaw machines for woodworking across the world. Another factor that has the potential to drive the bandsaw machines market is the notable growth in the metal cutting industry, resulting in extensive sales of bandsaw machines for metalworking process. Additionally, rapid industrialization in emerging nations and growth in the rubber industry are expected to be potential drivers for the bandsaw machines market in the coming years. However, high maintenance cost and usage of existing power saws can hinder the bandsaw machines market growth. Technological advancements and automation in bandsaw machines can create huge opportunities for the bandsaw machines market over the forecast period.
As a result of growing automation in the industrial sector, the demand for advanced and cost-effective products is booming gradually. The consequences are creating a huge pressure on the manufacturers to provide customized and advanced technology. Moreover, notable investments in R&D in the manufacturing sector in emerging countries have led to the development of unique technologies that help the manufacturers to differentiate their products from others in the market. Bandsaw machine manufacturers are showing more focus on fully-automated machines based on PLC (programmable logic control) technology, which are being adopted to seek fully-automated processes. Such new technologies are expected to fuel the growth of the bandsaw machines market over the forecast period.
The significant positive growth observed in the furniture industry is expected to definitely influence the bandsaw machines market. For instance, according to data released by the Central Statistics Office, India the furniture industry has expanded by 2.8% and in comparison to the previous month of January 2020 it has increased by 9.2%. Among the top production industries, such as basic metal industry, electric & power industry, and mining, the furniture industry had a slower growth rate compared to its previous years, but the productivity and output have been booming gradually, which show positive signs for the investors and businesses that are willing to enter this market.
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Key segments covered:
Segments | Sub-segments |
 Type |
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 End-use Industry |
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 Technology |
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Key benefits of the report:
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Bandsaw Machines Market: Global Opportunity Analysis and Industry Forecast, 2020–2027 Report Highlights
Aspects | Details |
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By Type |
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By End-use Industry |
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By Technology |
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By Region |
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Key Market Players | Cobra Bandsaw Machines, Prosaw Ltd, The L.S.Starrett Company Limited, Multicut Machine Tools, Vishwacon Engineers Private Limited, Meba, MEGA MACHINE CO. LTD., EVERISING MACHINE CO., Cosen Saws, ITL Industries Limited |
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