Acumen Research and Consulting Rebar Processing Equipment Market is Anticipated t | Page 3
countries with high demand for rebar processing facilities because
both the private sector and the governments of these regions
expand their infrastructure activities. Furthermore, the use of
advanced technologies increases equipment productivity. But the
accession and instability of local and regional players in the
construction sector hamper the business growth of established
actors.
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Market Segmentation
As far as the type is concerned, rebar processing equipment can
be classified as a bending bar machine, a cutting bar machine and
a straining bar. Bar bending machines, including the steel and
steel producers, have dominated the market as a result of their
use throughout the construction industry and steel industry.
The market for rebar processing devices is semi-automatic and
fully automated in operational terms. Due to convenience and
efficiency, the fully automatic segment is important.
The end users segment the market into steel producers,
manufacturers of steel products and contractors of construction
and engineering. In the coming years, the construction sector will
remain dominant. The segment is mainly driven by the
development of intelligent cities in emerging economies and by
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