Global CNC Pipe Bending Machine Market Size and Forecast

Global CNC Pipe Bending Machine Market Size in 2025

The global CNC pipe bending machine market size is projected to reach USD 904 million in 2025, and is expected to grow to USD 1.144 billion by 2032, with a compound annual growth rate (CAGR) of 3.42%.

Global CNC Pipe Bending Machine Sales (2020–2024)

2020 Sales ≈ 10,100 units, a sharp decline.

Key reasons: The outbreak of COVID-19 led to nationwide lockdowns, factory shutdowns, supply chain disruptions, and delayed or canceled investments, severely impacting the manufacturing sector. Demand in critical downstream industries such as automotive and aerospace plummeted, which significantly affected new orders and sales of CNC pipe bending machines.

Estimated sales: Compared with 2019, global sales dropped by approximately 15%–20%.

2021 Sales ≈ 10,750 units, a strong rebound.

Key reasons: With the global economy beginning to recover, governments rolled out stimulus packages, and manufacturing activity quickly picked up. Pent-up investment demand was released, supported by the gradual normalization of supply chains, driving CNC pipe bending machine sales. The automotive sector (especially new energy vehicles) and infrastructure investment became major growth drivers.

Estimated sales: Sales increased by 20%–25% year-over-year, likely returning to or slightly surpassing pre-pandemic 2019 levels.

2022 Sales ≈ 11,350 units, continued growth.

Key reasons: The recovery momentum persisted. The global manufacturing PMI remained in expansion territory, and capital expenditures increased. Explosive growth in the new energy vehicle industry created strong demand for lightweight chassis and battery pack structural components, providing significant momentum for CNC pipe bending machines. Meanwhile, the aerospace sector also began a gradual recovery.

Estimated sales: Year-over-year growth of 8%–12%, reaching a new record high.

2023 Sales ≈ 11,850 units, steady growth but at a slower pace.

Key reasons: Despite challenges such as global inflation and geopolitical conflicts, the trend of manufacturing automation and digital transformation remained irreversible. To improve efficiency and address rising labor costs, enterprises continued to show solid demand for high-end, intelligent CNC pipe bending machines.

Estimated sales: Year-over-year growth of 5%–8%, marking a shift to a more sustainable growth phase.

2024 Sales ≈ 12,600 units, moderate growth.

Key drivers:

New energy vehicles and aerospace: These industries remain the strongest growth engines, continuously generating new orders.

Automation and intelligence: Smart bending units integrated with robotics, vision inspection, and IoT technologies are increasingly favored.

Emerging market infrastructure: Accelerated industrialization in Southeast Asia, India, and other regions is creating new demand.

Potential challenges: Slower global economic growth, regional geopolitical risks, and trade barriers may dampen investment sentiment.

Forecast sales: Expected year-over-year growth of 3%–6%, a further slowdown compared with previous years, but total volume will reach another all-time high.

Global CNC Pipe Bending Machine Production Capacity in 2024

In 2024, global production capacity for cold-forming CNC pipe bending machines is estimated at around 30,000 units, with an output of approximately 25,000 units, resulting in a capacity utilization rate of about 83.3%.

Global CNC Pipe Bending Machine Price Trends (2020–2031)

From 2020 to 2031, the average global price of CNC pipe bending machines has shown a moderate upward trend.

2020–2021: Prices declined slightly due to weakened demand during the pandemic, production stoppages, and intensified competition among suppliers. Manufacturers adopted more aggressive pricing strategies to maintain market share.

2022–2024: With demand recovery and raw material prices (such as steel and electronic components) rising, CNC pipe bending machine prices rebounded moderately, showing an average annual increase of 2%–3%. At the same time, growing adoption of smart technologies—such as automation integration, vision systems, and IoT connectivity—supported an upward price trend.

2025–2028: Prices are expected to remain relatively stable with a gradual increase. Global competition and production capacity expansion will curb sharp price hikes, while demand for high-end, customized, and intelligent models will continue to push up the average selling price. Annual growth is projected at 1.5%–2.5%.

2029–2031: Driven by continued labor cost inflation, stricter environmental and energy-efficiency requirements, and increasing application of AI-driven production control systems, the global average price is forecast to grow steadily.

By 2031, the average unit price of CNC pipe bending machines is expected to be 10%–15% higher than 2024 levels.