Automatic Bandsaw Machines Market Introduction
Automatic bandsaw machine is a power saw, which consists of a continuous metal band also called as bandsaw blade. This band is stretched between two or more wheels to cut any type of material such as wood and metal. Automatic bandsaw machines are used for woodworking, metalworking, and lumbering. These machines can cut a range of materials. Automatic bandsaw machine can cut irregular or curved shapes. These machines can be classified into two categories: horizontal bandsaw machine and vertical bandsaw machine. Automatic bandsaw machines are gaining popularity in various industries such as metal fabrication, construction, plastics, electrical, automotive, paper, and electronics.
Automatic Bandsaw Machines Market – Competitive Landscape
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 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.
Cosen Saws International, Inc.
Established in 1976, Cosen Saws International, Inc. is located in Charlotte, North Carolina, the U.S. The company manufactures bandsaw products including horizontal scissors, horizontal columns, horizontal miters, vertical contours, vertical tilt frames, and vertical plates. It provides various types of products such as vertical bandsaw, horizontal bandsaw, miter-cutting bandsaw, and NC & CNC automatic and customized bandsaw. Cosen Saws International, Inc. provides services to various industries such as construction, automobile, transportation, wind power generation.
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The L. S. Starrett Company Limited
Founded in 1880, The L. S. Starrett Company Limited is situated in the U.S. The company sells and manufactures industrial, consumer, and professional measuring and cutting tools and related products. Its products include precision tools, bandsaw blades, laser measuring equipment, gage blocks, hacksaw blades, custom engineered granite solutions, and electronic gages.
Tecsaw International Limited
Founded in 1988, Tecsaw International Limited is situated in Canada. The company manufactures and sell storage systems, metal cutting equipment, and other related products. It also offers blades, saws, plates, machine products, and automated storage systems.
Established in 1963, Prosaw Limited is located in the Kettering, Northamptonshire, the U.K. The company manufactures and sells metal sawing machinery and associated material handling and measuring systems. It also provides testing and evaluation services, training services, and after sales services. Prosaw Limited manufactures horizontal bandsaws, vertical bandsaws, manual bandsaws, semi-automatic bandsaws, automatic bandsaws, and circular saws.
Key players operating in the global automatic bandsaw machines market include Zhejiang Aolinfa Machine Tool Co., Ltd., Narex Ind. Tools & Equipments Trading Company LLC, Multicut Machine Tools, Maxmen Metal Sawing Co., Marshall Machinery Ltd., MEGA machine Co.,Ltd., EVERISING MACHINE CO., ITL Industries Limited, and Vishwacon Engineers Private Limited.
Automatic Bandsaw Machines Market Dynamics
Growth in Wood Processing Industry Driving Demand for Automatic Bandsaw Machines
Automatic bandsaw machines are widely used in wood processing and metal cutting industries due to the rise in demand for metals in various industries. Increase in demand for wood products including swanwood, wood-based panels, roundwood, paper and paperboard, is expected to boost the demand for automatic bandsaw machines in the wood processing industry. This, in turn, is projected to drive the global market. In Asia Pacific the market is increasing at a rapid pace due to rise in consumption and production of wood products and growth in consumption and production of wood energy and wood products across the region.
Governments of countries in Europe are promoting the use of renewable energy. Thus, increase in use of wood as a source of energy is influencing the adoption of automatic bandsaw machines. Additionally, demand for wood is anticipated to rise in the next few years in furniture designing and modular kitchen applications. This is expected to drive the market in the next few years. Low cost of raw materials used in wooden furniture is also augmenting the market. For example, rubberwood is used in a very large scale for the production of furniture in Malaysia due to its low price.
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Manufacturers Focus on Innovative Techniques to Enter Developing Regions
Companies operating in the automatic bandsaw machines market are increasingly investing in research and development activities to develop new and innovative techniques to manufacture automatic bandsaw machines. Manufacturers are also focusing on offering highly-efficient and reliable automatic bandsaw machines with advanced features such as fast cutting in short time, maximum blade life, automatic switch-off after cutting, easy to control functions, low electricity consumption, and lightness of weight. The automatic bandsaw machines market is highly fragmented with the presence of numerous manufacturers, primarily in developing regions. Furthermore, manufacturers are striving to gain competitive edge through increase in product differentiation.
Rise in Number of Laws and Regulations to Protect Forests Hindering Automatic Bandsaw Machine Market
Rise in number of laws and regulations for forest conservation across the globe is expected to hamper the automatic bandsaw machines market. Some of these laws are prohibit cutting of trees. This is anticipated to adversely impact the wood processing industry, thereby hampering the demand for automatic bandsaw machines.
Automatic Bandsaw Machines Market Segmentation
Based on machine type, the global automatic bandsaw machines market can be segmented into
- Horizontal bandsaw machine
- Vertical bandsaw machine
Based on cutting type, the global automatic bandsaw machines market can be divided into
- Circular cutting
- Ring cutting
- Mitre cutting
- Straight cutting
Based on end-use industry, the global automatic bandsaw machines market can be segregated into
- Wood processing
- Electrical & Electronic
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.