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Global Roll Grooving Machine Market Research Report 2024(Status and Outlook)

Global Roll Grooving Machine Market Research Report 2024(Status and Outlook)

  • Published on : 10 December 2024
  • Pages :124
  • Report Code:SMR-8021691

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Report overview

The "Global Roll Grooving Machine Market" size was valued at US$ 156.7 million in 2024 and is projected to reach US$ 212.4 million by 2030, at a CAGR of 5.2% during the forecast period 2024-2030.

The "United States Roll Grooving Machine Market" size was valued at US$ 45.6 million in 2024 and is projected to reach US$ 59.8 million by 2030, at a CAGR of 4.6% during the forecast period 2024-2030.

A Roll Grooving Machine is a tool used to create grooves on the outer surface of pipes, enabling secure and efficient connections with grooved pipe fittings. It employs rollers to form grooves without removing material, preserving the pipe's structural integrity. Commonly used in plumbing, fire protection, and HVAC systems, roll grooving is preferred for its speed, precision, and minimal impact on pipe strength.

The global Roll Grooving Machine market is experiencing moderate growth, driven by construction industry demands and mechanical pipe joining trends. In 2023, total unit sales reached 25,000, with fire protection systems accounting for 45% of demand. The portable machine segment is the fastest-growing at 6.2% annually. The market saw a 12% increase in demand for electric-powered units in 2023, reflecting ease-of-use requirements. Portable machines dominate with a 70% market share, while stationary units are growing at 4% annually. North America leads with a 40% market share, while Asia Pacific is the fastest-growing region at 5.8% CAGR. The industry is focusing on developing automated groove measurement, with a 15% growth in R&D investments for quality control features.

Report Overview
Roll Grooving Machine Market provides a deep insight into the global Roll Grooving Machine market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Roll Grooving Machine Market, Roll Grooving Machine Market introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, Roll Grooving Machine Market is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Roll Grooving Machine market in any manner.

Global Roll Grooving Machine Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

  • COPIER
  • Huaao Electromechanical
  • REMS
  • Rothenberger
  • Emerson
  • Victaulic
  • WHEELER-REX
  • Shenzhen Kejing Star Technology
  • ASC Engineered Solutions
  • TPMCSTEEL
  • Kent

By Type

  • Computer PLC Control
  • Manual Control

By Application

  • Fire Fight
  • Water Pipeline
  • Battery
  • Mining
  • Other

Geographic Segmentation

  • North America (USA, Canada, Mexico)
  • Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
  • South America (Brazil, Argentina, Columbia, Rest of South America)
  • The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Roll Grooving Machine Market
  • Overview of the regional outlook of the Roll Grooving Machine Market:

Key Reasons to Buy this Report:

  • Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
  • This enables you to anticipate market changes to remain ahead of your competitors
  • You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
  • The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market from various perspectives through Porter