According to IMF, market size of motorized lathes

The global motorized reel market size is expected to reach US$ 4.6 million by 2032. The motorized reel market is growing at a robust CAGR of 3.8% during the forecast period 2022 to 2032 According to IMF analysis, the global Motorized Uncoiler Machine Market is estimated to be worth US$3.2 million in 2022.

Due to the increase in production worldwide, the global manufacturing industry has been a major employer of motorized decoilers. Hence, this has resulted in high demand for the global motorized unwinder market.

In addition to reducing the amount of human effort to uncoil and straighten heavy metal coils, these motorized uncoilers also provide higher feeding speed for the various machines used. Moreover, with the increasing use of automation in industries, lathes have also found their place in manufacturing.

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Key points to remember

• In recent years, a healthy increase can be witnessed in the production industry, which has led to an increase in the demand for motorized decoiler manufacturing all over the world.

• It is not possible to manually unwind and straighten heavy metal coils, therefore motorized unwinders are used as an alternative to facilitate human effort. Additionally, they are useful for powering various machinery running at high rates. Increasing automation in industries has allowed unwinders to be installed in manufacturing facilities, propelling the sales of motorized unwinders.

• Lathes are available in different sizes with different configurations based on material type, size and gauge, which are widely used in pulp, textile and metal production industries.

• With the introduction of automation in lathes, their reliability has improved, leading to the growth of the market for motorized lathes. Motorized rewinders can handle heavy reel loads and deliver high production rates.

• North America and Europe are expected to remain dominant in unwinder installations with CAGRs of 17.0% and 15.0%, respectively. Metal consumption has increased dramatically over the past two decades due to the boom in global industrial production.

Competitive landscape

Swi Engineering, The Formtek Group, Worcester Presses Ltd., Dongguan City Haiwei Intelligent Equipment Incorporated Company, Fabbrica Impianti Macchine Industriali SpA, Reef Engineering And Manufacturing Co. (Pty) Limited, Vaspo Vamberk, Ltd., Metalforming Inc., Wuxi Zhenqun Machinery Manufacture Co., Ltd., Steel Equipment, Bluesky Machine Co., Ltd., Jiaozuo Mengxin Special Steel Co., Ltd., Dongguan City Haiwei Intelligent Equipment Incorporated Company, Shanghai Baosheng Machinery Equipment Co. Ltd. are some of the major companies featured in the full version of the report.

Some of the major companies operating in the global motorized lathe market are focused on producing a wide range of high capacity and precision graders, sheet metal processing machines, deburring machines and coil lines for fabricators around the world, propelling the growth of the motorized unwinder. machinery market.

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More insights into the Motorized Uncoiling Machines Market

In the latest report, FMI offers an unbiased analysis of the Motorized Decoiler Machine market insights covering sales outlook, demand forecasts and up-to-date key trends. The market is segmented on the basis of operating load (less than 5 tons (10 tons)), number of heads (single head, double head, multi-head), drive (electric, hydraulic) , material stock (tape uncoilers, sheet metal uncoilers, wire/pipe uncoilers), end-use industry (machinery and equipment manufacturing, automotive, HVAC and duct manufacturing, stamping, process industry sheet steel), region (North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa).

According to IMF projections, North America and Europe are expected to be the fastest growing dominant countries during the forecast period 2022 to 2032 with accelerated growth rates of 17.0% and 15, 0% respectively.

Due to the large manufacturing and metal processing sectors present in the Asia-Pacific region, the motorized lathe market is expected to dominate the overall market. It is estimated that China, India and South Korea are the biggest markets for motorized unwinders.

Reducing the amount of human effort to unwind and straighten heavy metal coils, motorized unwinders have emerged as an excellent replacement and provide higher feeding speed for the various machines used. Also, with the increasing use of automation in industries, lathes have found their place in manufacturing.

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Key segments profiled in the motorized decoiler market

Per operating load:

• less than 5 tons ( • 5 tons to 10 tons (5 tons – 10 tons)
• above 10 tons (> 10 tons)

By number of heads:

• Single head
• Double head
• Multi-head

By car :

• Electric
• Hydraulics

By stock of material:

• Tape unwinders
• Sheet unwinders
• Wire/hose reels

By end-use industry:

• Manufacture of machinery and equipment
• Automotive
• Manufacture of HVAC and ducts
• Stamping
• Sheet steel processing industry
• Others

By region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific
• Japan
• Middle East and Africa

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About Future Market Insights (IMF)

Future Market Insights (ESOMAR certified market research organization and member of the Greater New York Chamber of Commerce) provides in-depth insights into the driving factors that increase demand in the market. It reveals opportunities that will drive market growth in various segments based on source, application, sales channel, and end-use over the next 10 years.

This press release was published on openPR.

James G. Williams