Current Status of the Pipe Bending Machine Industry
The pipe bending machine industry is undergoing steady growth and profound transformation, driven by booming demand in automotive, aerospace, energy, and construction sectors. In 2025, the global pipe bending machine market size reached approximately USD 4.86–5.89 billion, with a projected CAGR of 4.9%–5.4% from 2025 to 2031, expected to exceed USD 6.76–9.99 billion by 2031. China holds nearly 40%