Bandsaw Machine Market sales is expected to increase from US$ 3.2 Bn at present to US$ 4.7 Bn by the end of 2032 – Persistence Market Research

Market Study on Bandsaw Machines: Automotive & Transportation Industry to Remain Key End User

New York, June 30, 2022 (GLOBE NEWSWIRE) -- The *global **bandsaw** machine market* is anticipated to exhibit a growth rate of 3.6% and reach a market valuation of US$ 4.7 Bn by the end of 2032, as per detailed industry analysis by Persistence Market Research.Bandsaw machines have evolved as a viable alternative to circular saws due to their numerous benefits and cost savings. Bandsaw machines are more efficient and accurate than other types of saws with their high blade tooth positioning and operating rates. However, these machines need frequent maintenance, and in the absence of skilled professional, they tend to incur higher downtime and repair costs. As such, customers are choosing manufacturers who offer bandsaw machines that require less repairs and generate greater returns over the life of the equipment.

The COVID-19 outbreak had a significant impact on market growth in 2020 because of widespread lockdowns and transit restrictions. The pandemic knocked off supply and demand in the global automobile & transportation, mining, aerospace and other industries, causing them to slow down dramatically. Demand for bandsaw machines as well witnessed a downfall owing to the shutting down of manufacturing units and logistical centers.

*Request for sample copy of report: **https://www.persistencemarketresearch.com/samples/15583*

*Key Takeaways from Market Study*

· In order to exceed end-user expectations for efficiency and production capabilities, manufacturers have concentrated their efforts on strategic product designs and investments. Intellectual capital investments boost the sheet metal sector's progress and is predicted to be one of the most important success drivers.
· Expansion of distribution networks and long-term supply agreements with end customers, as well as the use of service-based methodologies, including the development of customized solutions, are expected to be major success factors in this business.
· The use of digitally-controlled bandsaw machines has considerably reduced the amount of human involvement required in sheet metal manufacturing. CNC (computer numerically controlled) bandsaw machines, for example, include touchscreen controls that allow the operator to quickly and easily change back gauges.
· By end use, the automotive and transportation industry is anticipated to remain a key segment anticipated to account for 23.6% market share by value in 2022.

*Know the methodology of **report:* *https://www.persistencemarketresearch.com/methodology/15583*

*“Along with the growing automotive sector, the rising metal cutting industry, **and** increasing R&D activities are supporting market growth. Growth of the biomass energy industry is also a crucial trend accelerating market progress,” says a Persi**stence Market Research analyst.*

*Growing** Popularity of **Bandsaw** Machines*

Bandsaw machines are widely used to cut material; this is basically a power saw with a sharp blade and a continuous toothed metal blade stretched between two or more wheels. These bandsaw machines are mostly used in forestry, metallurgy, and woodworking, and also in the automobile, aerospace, rubber, and other industries to cut a variety of materials.

Advantages include the ability to cut uneven or curved forms such as a jigsaw and generate a uniform cutting motion due to an evenly distributed tooth load. The minimal radius of a curve is defined by the breadth of the band and its kerf. Most bandsaws have two powered wheels that revolve in the same plane, but others have three or four to distribute the weight.

*Get customized report as per requirement: **https://www.persistencemarketresearch.com/request-customization/15583*

*Competitive Landscape*

The global bandsaw machine market is a consolidated space with the presence of key manufacturers along with small-scale manufacturing companies. Some of the key market players included in the report are Amada Machine tools, Kasto, Starrett, SOITAAB Group, and Burt Group.

Key market participants are focusing on growth through acquisitions, collaborations, and entry into emerging markets. They are adopting new technology for the advancement of bandsaw machines. Furthermore, increase in logistic and e-Commerce applications is allowing market participants to improve their supply chains.

*Get full access of report: **https://www.persistencemarketresearch.com/checkout/15583*

*More Valuable Insights*

Persistence Market Research, a research and consulting firm, has published a new market research report on the global bandsaw machine market that contains industry analysis of 2017–2021 and opportunity assessment for 2022–2032.

The report provides in-depth analysis of the market through different segments, namely, cutting type, operation, orientation, end use, and region. The report also provides supply and demand trends along with an overview of the parent market.

*Other Trending** Reports:*

· *Industrial Metal Detector Market*
· *Float Glass Market*
· *Industrial Plugs And Sockets Market*
· *Additive Manufacturing Market*
· *Gas Pressure Regulator Market*
· *Water Pump Market*
· *Explosive Detection Technologies Market*
· *Mechanical Diaphragm Pumps Market*
· *Industrial Burner Market*
· *Electrical Coil Windings Market*

*About **Persistence Market Research*:

Business intelligence is the foundation of every business model employed by Persistence Market Research. Multi-dimensional sources are being put to work, which include big data, customer experience analytics, and real-time data collection. Thus, working on “micros” by Persistence Market Research helps companies overcome their “macro” business challenges.

Persistence Market Research is always way ahead of its time. In other words, it tables market solutions by stepping into the companies’/clients’ shoes much before they themselves have a sneak pick into the market. The pro-active approach followed by experts at Persistence Market Research helps companies/clients lay their hands on techno-commercial insights beforehand, so that the subsequent course of action could be simplified on their part.

*Contact*

*Rajendra Singh *

Persistence Market Research
U.S. Sales Office:
305 Broadway, 7th Floor
New York City, NY 10007
+1-646-568-7751
United States
USA - Canada Toll-Free: 800-961-0353
Email: sales@persistencemarketresearch.com

Visit Our Website: *https://www.persistencemarketresearch.com*