Metal Processing Machines Market Drivers and Forecast by 2031

Metal Processing Machines Market Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Product Type (Press Brake, Laser Cutting Machine, Bending Machine, and Laser Welding Machine), Press Brake (Type) (Manual, Hydraulic, and Electronic), Press Brake (Bending Method) (Air Bending, Bottom Bending, and Coining), Press Brake (Application) (Automotive, Aerospace, Metal, Furniture, and Others), Laser Cutting Machine (Technology) (Fiber Laser and Plasma Laser), Laser Cutting Machine (Process) (Fusion Cutting, Flame Cutting, and Sublimation Cutting), Laser Cutting Machine (Industry) (Automotive, Aerospace and Defense, Consumer Electronics, Industrial, and Others), Bending Machine (Type) (Electric, Hydraulic, Pneumatic, and Electromagnetic), Bending Machine (Application) (Manufacturing, Precision Machinery, Metals and Mining, Automotive, and Building and Construction), Bending Machine (Product) (Sheets, Tube, and Others), Laser Welding Machine (Technology) (Gas Laser (CO2), Solid-State Laser, and Fiber Laser), Laser Welding Machine (Application) (Automotive, Jewelry Industry, Medical, Electronics, Shipbuilding, and Others), and Geography

Publication Month : May 2025

  • Report Code : TIPRE00029923
  • Category : Manufacturing and Construction
  • Status : Published
  • No. of Pages : 701
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The metal processing machines market size is projected to reach US$ 42.29 billion by 2031 from US$ 29.68 billion in 2024. The market is expected to register a CAGR of 5.0% during 2025–2031. The rise in the adoption of Industry 4.0 is likely to bring new trends in the market in the coming years.

Metal Processing Machines Market Analysis

The global metal processing machines market is segmented into four major regions—North America, Europe, Asia Pacific, and the Middle East. Asia Pacific holds a prominent position in the metal processing machines market owing to its strong industrial base and technological advancements. China dominates the market in this region. The presence of industries such as automotive, aerospace, defense, and machinery manufacturing fuels the demand for metal processing machines in Asia Pacific. These industries require advanced cutting, shaping, and forming solutions to meet the growing demand for precision components. Defense and aerospace sectors in China and India play a significant role in driving the metal processing machines market. The ongoing technological innovations and the surge in military expenditure contribute to the market's growth. Additive manufacturing technologies, such as 3D printing, enable the production of complex components with complex geometries. It also reduces the weight of aircraft while maintaining structural integrity, owing to which it is being increasingly adopted in the production of complex components. These manufacturing technologies create a strong demand for metal processing machines capable of delivering high precision and efficiency.

The growing industrialization and the increasing number of automobile manufacturing hubs are boosting the demand for metal processing machines in North America. The rising construction sector is also influencing the growth of the metal processing machines market in North America. According to Census Bureau data, in the US, the total construction value amounted to US$ 2,154.4 billion, 6.5% more than the US$ 2,023.7 billion spent in 2023. The total private construction spending increased by 5.6% from US$ 1,573.0 billion in 2023 to US$ 1,661.7 billion in 2024. As a result of this investment, operations in metal processing, such as machine bending, push brakes, and laser cutting, are expected to see increased demand due to rising manufacturing activities.

Metal Processing Machines Market Overview

Investments in the defense and aerospace sectors and an increase in demand for consumer electronics driven by the rising disposable incomes are expected to contribute to the market's growth. In 2022, the Tamil Nadu government released the Aerospace and Defense Industrial Policy. This policy aims to attract substantial investments of ~US$ 10.5 billion over the next decade and generate nearly 100,000 job opportunities. The demand for the latest technologies and advancements in manufacturing processes is expected to propel the market further. Sheet metal cutting is vital in the aerospace, automotive, marine, construction, and electronics industries. The market is witnessing ongoing advancements in digital technology, particularly in embedded systems. Additionally, there is a focus on innovation in additive manufacturing, smart robotics, and computerized monitoring and control systems. These trends are expected to propel the market growth by enhancing the efficiency and precision of metal processing machines.

The growing infrastructure and construction sector development across various regions, such as the Middle East & Africa, is positively impacting the metal processing machines market. For instance, Jeddah Airport Company aims to expand King Abdulaziz International Airport with an investment of US$ 31 billion. The airport is scheduled for completion by 2031, after which it could handle 114 million passengers per year. Beyond major hubs, regional airports in countries such as Ethiopia and Morocco help improve connectivity and economic development. The ongoing expansion project at Cape Town International Airport comprises a new runway, new international and domestic departure lounges, a terminal, and other facilities. The UAE's allegiance to luxury travel contributes to sustained infrastructure growth in the coming years. Kuwait's development plan (2020–2025) primarily focuses on economic reform and infrastructure development, with an estimated investment of US$ 124 billion, including US$ 4 billion allocated for the building and construction of a new airport terminal. In Africa, countries such as Nigeria and Kenya also focus on upgrading existing hotels, business centers, commercial hubs, shopping malls, and airports and constructing new ones to accommodate the growing demands. A rise in tourism and efforts to improve socioeconomic status drive investments in the construction sector of the MEA. Thus, a rise in investment and government initiatives toward the development of construction and infrastructure is anticipated to fuel the demand for construction machinery and equipment, thereby propelling the growth of the metal processing machines market in the Middle East & Africa in the coming years.

In response to the rising geopolitical threat, global defense spending increased to ~US$ 2.46 trillion in 2024. Countries in Asia, the Middle East & North Africa, and Europe saw major budget increases. Strengthening military expenditure encourages incorporating advanced warfare technologies, such as high-end military vehicles equipped with advanced communication devices, missile detection systems, and surveillance and navigation systems. In addition, with the growing military budget, defense forces procure unmanned vehicles for better combat and surveillance competencies without risking human lives. Thus, the growing procurement of defense vehicles and machinery for the defense sector is boosting the manufacturing sector and simultaneously providing growth opportunities to the maintenance, repair, and overhaul (MRO) service sector, influencing the growth of metal processing machines across the globe.

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Metal Processing Machines Market: Strategic Insights

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Market Size Value inUS$ 24.3 billion in 2022
Market Size Value byUS$ 35.2 billion by 2030
Growth rateCAGR of 4.8% from 2023 to 2030
Forecast Period2023-2030
Base Year2022
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Metal Processing Machines Market Drivers and Opportunities

Growing Demand in Automotive and Aerospace Industries

Manufacturers in the automotive and aerospace industries seek ways to enhance production efficiencies, reduce costs, and improve product quality. To achieve this, they deploy metal processing machines that offer high precision, flexibility, and automation capabilities in their facilities. These industries rely immensely on metal processing machines for applications such as component fabrication, assembly, and surface finishing. In the automotive industry, metal processing machines are used mainly in the manufacturing of engine parts, chassis components, and body panels. The demand for metal processing machines is expected to rise in the coming years with the continuous introduction of new vehicle models and the need for advanced manufacturing techniques. The US is the largest manufacturer of automobiles. The increasing demand for automotive vehicles is prompting ongoing investments in the automotive sector within the country, such as the assembly plant established by the Mazda–Toyota joint venture for manufacturing in Huntsville in 2021. In January, battery electric vehicles (BEVs) made up ~15% of the market share, up from 10.9% in January 2024. In January 2025, new battery-electric car sales increased by ~34% to 124,341 units, capturing ~15% market share. Three of the four largest markets in the region together accounted for approximately 64% of all battery-electric car registrations and experienced significant double-digit growth. This includes Germany, which saw an increase of 53.5%; Belgium, with a rise of 37.2%; and the Netherlands, with an uptick of 28.2%, as reported by the European Automobile Manufacturers' Association. This indicates a vast need for metal processing machines in this industry.

The aerospace industry increasingly focuses on lightweight materials and advanced manufacturing techniques to improve fuel efficiency and performance. In this industry, metal processing machines are critical in producing aircraft components such as fuselage structures, wings, and landing gears. Airbus, a European plane manufacturer, aimed to open a second assembly line for the A-320 narrow bodies in Tianjin, Chinato magnify its manufacturing activities in the Chinese market. With this expansion, Airbus would be able to produce 75 new A-320 neo-family jets every month by 2026. In October 2024, BAE Systems was awarded a US$ 184 million (EUR 168 million) contract modification to develop an additional 48 Armored Multi-Purpose Vehicles (AMPVs) for the US Army. In 2023, Russia introduced the BTR-22 8×8 armored vehicle at the Army-2023 exhibition near Moscow. In 2023, Russia introduced an advanced unmanned armored vehicle called Zubilo at the Army-2023 Expo. In 2023, the Polish Armaments Group announced three new contracts with Poland's MND Armament Agency for providing ~400 light reconnaissance vehicles and wheeled armored personnel carriers, along with two contracts for the supply of heavy infantry combat vehicles.

Use of Automated Fabrication Processes and Robotics

The importance of efficient and cost-effective manufacturing solutions is increasing with the rise in demand for metal products across various industries. Automated fabrication processes and robotics offer several advantages over traditional manual manufacturing methods. Automated fabrication processes can streamline the metal processing workflow by integrating computer-aided design and computer-aided manufacturing (CAD/CAM) systems. These systems allow manufacturers to automate tasks such as cutting, bending, welding, and finishing, reducing the need for manual laborers and improving overall efficiency. Automated processes can also enhance product quality by reducing errors and inconsistencies with manual production. In 2022, TRUMPF launched a new automated loading solution in collaboration with STOPA for laser tube cutting machines. This solution would help TRUMPF to automatically transfer tubes from a storage system to a tube-cutting machine. Automating such processes also allows enterprises to reduce nonproductive time, which results in enhanced overall productivity.

In addition to automated fabrication processes, the use of robotics in metal processing operations has gained significant attention in recent years. Robots can perform various tasks, from handling raw materials to finishing and packaging final products. They can work around the clock, improving productivity and reducing lead times. Furthermore, robots offer greater precision, accuracy, and repeatability than manual workers, leading to higher product quality and consistency. In 2020, Shape Process Automation partnered with TRUMPF and FANUC Robotics. This collaboration is expected to bring expertise into the company in robotics laser cutting systems. In 2024, nLIGHT, Inc. announced the global launch of two new products, nfinity and ProcessGUARD, designed specifically to support the increasing requirement in advanced metal fabrication. SLTL Group introduced its advanced laser cutting machines at the Rajkot Machine Tools Show 2024. Such technological developments in robotics allow companies to achieve cutting precision, cost reduction, quality improvement, and efficiency enhancement. Companies such as Ford, Boeing, Airbus, Toyota, Caterpillar, Apple, and Samsung have managed to enhance their productivity with such advancements in metal processing operations. Thus, the adoption of automated fabrication processes and the use of robotics present significant opportunities for the growth of the metal processing machines market.

Metal Processing Machines Market Report Segmentation Analysis

The key segment that contributed to the derivation of the metal processing machines market analysis is product type. Based on product type, the metal processing machines market is segmented into press brake, laser cutting machine, bending machine, and laser welding machine. The press brake segment held the largest market share in 2024.

Metal Processing Machines Market Share Analysis by Geography

The geographic scope of the metal processing machines market report is mainly divided into four main regions: North America, Europe, Asia Pacific, and the Middle East. The metal processing machines market in Asia Pacific is segmented into China, Japan, South Korea, Indonesia, Malaysia, and the Rest of Asia Pacific. These countries are witnessing a gradual rise in the adoption of advanced technologies. Further, low labor costs, low taxes and duties, and a strong business ecosystem are attracting global players in the manufacturing industry to expand their manufacturing facilities in this region. In October 2021, Novelis, one of the world's largest aluminum recycler companies, announced an investment of US$ 375 million in the expansion of a recycling and production facility in China for aluminum products used in the auto industry. In November 2022, Kennametal Inc. announced the launch of its new metal-cutting insert manufacturing facility in Bengaluru, India. With this strategic development, the company aims to enhance its capabilities and capacity to fulfill the growing demand from the Asia Pacific market. Thus, the growing manufacturing industry in Asia Pacific is anticipated to offer lucrative opportunities for the metal processing machinery market in the coming years.

Asia Pacific holds a significant position in aerospace manufacturing and maintenance, repair, and overhaul services. Companies such as Hindustan Aeronautics Limited (India) and Singapore Technologies Engineering leverage advanced technology for fabricating landing gear, turbine blades, and fuselage components. China, Malaysia, and Vietnam rely on metal processing machines to advance the durability of construction equipment, steel structures, and machinery parts. The growth of renewable energy in the region has stimulated the utilization of metal processing machines for turbine components. For instance, wind turbine manufacturers in China (e.g., Goldwind) and India (e.g., Suzlon) leverage metal processing technology to enhance fatigue resistance. The automotive electrification trend is anticipated to boost the demand for metal processing machines, as EV manufacturers require durable and lightweight components. With government support for infrastructure and renewable energy projects, Asia Pacific will remain a key market for metal processing machines in the coming years.

The MedTech sector is one of the major application areas of metal processing machines in India. Companies such as Meril Life Sciences, which export medical implants worldwide, utilize metal processing technology to enhance product quality and meet international regulatory requirements. Singapore is one of the leading countries in aerospace maintenance, repair, and overhaul (MRO) activities, with the presence of major companies such as ST Engineering Aerospace and Rolls-Royce Singapore. Rolls-Royce Singapore's Seletar Campus utilizes advanced metal processing technologies in its manufacturing and MRO processes to enhance reliability. In addition, with its developing oil & gas industry, Singapore uses metal processing techniques for offshore equipment such as pipelines, drilling rigs, and valves, which is also boosting the demand for metal processing machines in Asia Pacific.

Metal Processing Machines Market Report Scope

Metal Processing Machines Market News and Recent Developments

The metal processing machines market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the metal processing machines market are listed below:

  • TRUMPF and SiMa.ai, the software-centric, embedded edge machine learning system-on-chip company, signed a partnership to develop lasers with artificial intelligence (AI). The goal is to equip several TRUMPF laser systems with AI technology in the near future. This includes systems for welding, cutting, and marking, as well as powder metal 3D printers. (TRUMPF, Press Release, July 2024)
  • The new sales subsidiary of Bystronic China was inaugurated in Shanghai with a grand ceremony attended by many guests. At the end of April, Bystronic Shanghai dedicated the new office building, which includes a large Experience Center with an area of over 5,000 square meters, followed by a Competence Day.  (Bystronic China, Press Release, May 2024)
  • Coherent Corp, a global leader in industrial laser technology, announced the launch of the EDGE FLTM high-power fiber laser series, tailored for cutting applications in the machine tool industry. Available with power levels from 1.5 kW to 20 kW, the EDGE FL series redefines the balance between value and performance, targeting the growing demand for high-power, reliable laser sources in fiber laser cutting. (Coherent Corp, Press Release, October 2024)

Metal Processing Machines Market Report Coverage and Deliverables

The "Metal Processing Machines Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:

  • Metal processing machines market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
  • Metal processing machines market trends, as well as market dynamics such as drivers, restraints, and key opportunities
  • Detailed PEST and SWOT analysis
  • Metal processing machines market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
  • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the metal processing machines market
  • Detailed company profiles
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Press Brake, Laser Cutting Machine, and Bending Machine

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Austria, Bahrain, Belgium, Canada, China, France, Germany, Hungary, Indonesia, Japan, Kuwait, Malaysia, Mexico, Netherlands, Norway, Oman, Poland, Qatar, Russian Federation, Saudi Arabia, South Korea, Spain, Sweden, Switzerland, United Arab Emirates, United Kingdom, United States

Frequently Asked Questions


What will the metal processing machines market size be by 2031?

The metal processing machines market is expected to reach US$ 42,293.62 million by 2031.

What are the driving factors impacting the metal processing machines market?

1. Growing Demand in Automotive and Aerospace Industries
2. Increasing Government Spending on Military Reinforcement
3. Growing Significance of Metal Processing Machines in Construction Sector

What are the future trends of the metal processing machines market?

1. User-Friendly Interfaces
2. Rise in Adoption of Industry 4.0

Which are the leading players operating in the metal processing machines market?

The key players operating in the metal processing machines market include TRUMPF SE + Co KG; Bystronic AG; Prima Industrie SpA; Amada (India) Pvt Ltd; Salvagnini Italia SPA; Baykal Makina San Ve Tic AS; LVD Company NV; Dener USA LLC; Ermaksan Machinery Industry and Trade Inc; Durmazlar Machinery Inc; Coherent Corp; Jenoptik AG; Han's Laser Technology Industry Group Co. Ltd; Foshan Huibaisheng Laser Technology Co., Ltd; and LaserStar Technologies Corporation.

What is the estimated global market size for the metal processing machines market in 2024?

The metal processing machines market was valued at US$ 29,682.90 million in 2024; it is expected to register a CAGR of 5.3 % during 2024–2031.

The List of Companies - Metal Processing Machines Market

  • TRUMPF SE + Co KG
  • Bystronic AG
  • Prima Industrie SpA
  • Salvagnini Italia SPA
  • Baykal Makina San Ve Tic AS;
  • Amada (India) Pvt Ltd
  • LVD Company NV
  • Ermaksan Machinery Industry and Trade Inc
  • Dener USA LLC
  • Durmazlar Machinery Inc;
  • Jenoptik AG
  • Han's Laser Technology Industry Group Co. Ltd
  • Foshan Huibaisheng Laser Technology Co.
  • Coherent Corp; Ltd
  • LaserStar Technologies Corporation

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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