Artificial Intelligence
Edge Banding Machines Market is Expected to Grow at a CAGR of 3.1%, Reaching a Valuation of US$ 385.6 Million from 2023-2030, Contrive Datum Insights

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Farmington, Feb. 02, 2023 (GLOBE NEWSWIRE) — The Edge bending machines Market is projected to grow at a CAGR of 3.1% between 2022 and 2030, totaling around 385.6 Million by 2030. Edge banding devices are utilised to shut and finish wooden panels. Prior to inserting the wood into the edge banding machine, the surface must be appropriately prepared. Dust, wood chips, and other residues must be entirely removed, or the edge banding may not adhere properly. Edge banding machines can be operated manually, partially automatically, or totally automatically. A manual edge banding machine is ideal for small firms and individuals who create their own goods.
Request Sample Copy of Report “Edge Banding Machines Market – Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2030”, published by Contrive Datum Insights.
The manual edge banding machine consists of an edge band heater, a press roller, and an edge band cutting device. Using an automatic edge banding machine, large-scale work is performed on the surface of wood-based panels. Everything is completed by itself.
Edge Banding Machines Market Recent Developments:
- Haco Machinery Private Limited, has been manufacturing and exporting Bending Machines and Shearing Machines since 2007. In May 2022, it launched Black Label edge banding machines to band edges on a high level. Machines that operate together. Black Label provides these efficient milling and sawing machines.
- Founded in 2016 and headquartered in Birmingham, Grid Edge is an Artificial intelligence to predict future energy demand in buildings. Grid Edge has developed software that works with BEMS using artificial intelligence (AI) to forecast business energy requirements to optimize the energy consumption of buildings.
Edge Banding Machines Market Segmentation Analysis:
The global market for edge bending machines is classified based on material type, product type, flange type, end-use type, and geography. Based on the end-use segment, the automotive industry subtype holds the most market share in 2022 and is anticipated to be the segment with the highest CAGR over the projected period. The bending operation in sheet metal forming has been widely utilised in manufacturing technology for mass production, particularly in the automotive industry, as a shaping tool for moulding into a desired shape and geometry; therefore, it is important to stay abreast of certain bending operation trends.
Manual edge banding machines and automatic edge banding machines are available for businesses seeking efficient and accurate edge banding services and solutions.
Regional Outlook:
North America dominates the global market due to increased sales volume from end-use industries such as automotive and heavy industries, which, in conjunction with an increase in construction activity across the United States, Mexico, and Canada, is anticipated to drive industry growth over the next eight years. In addition, greater expenditures by major enterprises in the production of high-quality items at reasonable prices will undoubtedly contribute to the expansion of the North American regional market in the future years.
Europe is projected to lead the market for Edge Bending Machines due to its modern lifestyle and customer need for luxury furniture practises that line with market demands. The growing urban population and improved infrastructure have led to an increase in the production of industrial machinery, which is expected to boost the European edge bending machine market.
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Scope of Report:
Report Attributes | Details |
Growth Rate | 3.1% from 2023 to 2030 |
Market Size in 2022 | USD 385.6 Million |
By Product | Portable, Non-Portable |
By Type | Polyvinyl Chloride (PVC), Acrylonitrile-Butadiene-Styrene (ABS), Melamine, Wood Veneer, Acrylic, Others |
By Flanges Type | Straight Flange, Stretch Flange, Shrink Flange |
By End User | Furniture, Healthcare, Automotive, Electronics and Electrical, Packaging, Other End Uses |
By Companies | SCM Group, SIMCO industrial machinery trd Co Ltd., NTF Korfhage Maschinenbau GmbH, Edge Finisher Co., Yadav Tools Company, Gelber-Bieger GmbH, Adamik Company, Intimate Machine Tools Company, Felder Woodworking Machines Private Limited, Shree Umiya F-Tech Machines Ltd, Shandong Hicas Machinery (Group) Co., Ltd., Kreutz & Mock GmbH, and Others |
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2023 to 2030 |
Market Dynamics:
The market for edge banding machines is expanding as production technology improves and the demand for luxury furniture rises. The number of consumers and demand for wood products are predicted to expand in the Asia-Pacific area as a result of an increase in commercial and residential building worldwide. This will enhance the need for furniture, which will stimulate the market expansion of edge banding machines. As people’s lifestyles evolve, there is an increase in demand for luxury furniture.
Contributions From Businesses To The Edge Bending Machine Market
Manufacturers prioritise industries with low minimum order quantities, excellent machinability, and high precision in matching custom papers, high-pressure laminate, and melamine. Their product is ideal for the institutional custom cabinet market. It can withstand severe punishment. For the 3mm product line, coil rolls of 165′ in length are used to ensure that the product does not retain its shape. They provide 1.4mm as opposed to 2mm, which makes their costs quite competitive. Bending Machines are mass-produced and supplied by manufacturers. Groups of machines that function cooperatively. In addition, Makers provides these essential milling and sawing tools.
Edge Banding Machines Market Key Segments Covered:
Top Market Players:
SCM Group, SIMCO industrial machinery trd Co Ltd., NTF Korfhage Maschinenbau GmbH, Edge Finisher Co., Yadav Tools Company, Gelber-Bieger GmbH, Adamik Company, Intimate Machine Tools Company, Felder Woodworking Machines Private Limited, Shree Umiya F-Tech Machines Ltd, Shandong Hicas Machinery (Group) Co., Ltd., Kreutz & Mock GmbH, and Others.
Edge Bending Machine Market by Material Type:
- Polyvinyl Chloride (PVC)
- Acrylonitrile-Butadiene-Styrene (ABS)
- Melamine
- Wood Veneer
- Acrylic
- Others
Edge Bending Machine Market by Product Type:
- Portable
- Non-Portable
Edge Bending Machine Market by Flanges Type:
- Straight Flange
- Stretch Flange
- Shrink Flange
Edge Bending Machine Market by End Use:
- Furniture
- Healthcare
- Automotive
- Electronics and Electrical
- Packaging
- Other End Uses
Regions and Countries Covered
- North America: (US, Canada, Mexico, Rest of North America)
- Europe: (Germany, France, Italy, Spain, UK, Nordic Countries, Benelux Union, Rest of Europe)
- Asia-Pacific: (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia-Pacific)
- The Middle East & Africa: (Saudi Arabia, UAE, Egypt, South Africa, Rest of the Middle East & Africa)
- Latin America: (Brazil, Argentina, Rest of Latin America)
- Rest Of the World
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Artificial Intelligence
Savory & Partners: Digital Nomad Visas Sparking a Migration Boom

DUBAI, UAE, Dec. 9, 2023 /PRNewswire/ — The simplicity and lax requirements of digital nomad visas have made them easily accessible, and countries like Portugal and Spain, which have excellent infrastructure, great internet connection, and an outstanding standard of living, draw in more digital nomads by the day, according to experts at Dubai-headquartered citizenship and residency by investment advisors Savory and Partners.
A recent research quoted by the company estimates that there are 16.9 million digital nomads roaming the globe. This is a whopping 162% increase from 2019, just four years earlier.
As soon as Portugal introduced its digital nomad visa in October of 2022, the applications started pouring in. While the government hasn’t announced the number of applications it has received, Portugal’s Labour Minister did announce that the country approved 550 applications within the first six months.
Two months after launching its visa in September of 2021, Greece received 2,918 applications, approving an astonishing 1,693 applicants. The government is yet to release any new statistics, but going off that outstanding start it is safe to assume it is still garnering massive attention.
Germany also boasts impressive numbers, having issued a total of 3,638 visas in just one year since the introduction of its visa in 2018.
According to Residency Malta, the government branch responsible for the digital nomad visa, it has issued 1,041 visas to date, with an average approval rate of 78%.
Croatia, one of the first countries to introduce a pure digital nomad visa in early 2021 as a response to the rise in remote workers, has approved 680 applications, while 672 are still pending approval.
Not just Europe
“It’s not just Europe but even Barbados’ digital nomad visa, dubbed the Welcome Stamp, has been doing outstandingly well, receiving a total of 3,511 applications between 2020 and 2022”, a digital nomad specialist at Savory & Partners reports.
While digital nomads typically use visa-free access or visas to stay in countries for a few months at a time before moving on to the next, digital nomad visas provide a sense of comfort and stability that aligns perfectly with their lifestyle, giving them ample time to enjoy the country they are in before moving on to the next.
Unsurprising demand
The rapid growth in application numbers and the surging demand for digital nomad visas isn’t surprising. They are extremely simple to apply to, have fast processing times ranging from a few days to a couple of months, and they do not require any business establishment or investment.
Portugal’s digital nomad visa, for example, only requires applicants to prove a monthly income of €3,040 per month, while Spain’s visa has a lower threshold of just €2,160 per month.
Savory & Partners is an accredited agent for multiple governments where citizenship by investment is offered. The company has coverage in over 20 jurisdictions, including Europe and was the first firm to obtain all five authorised agent licenses for the governments of the Caribbean Islands. It has processed second passports for over 4,000 citizens with a 100 per cent success rate.
With a presence in 3 continents and 7 countries and more than 60 experts worldwide, the company’s multinational staff comprises advisors who guide clients in English, Arabic, Farsi, French, Spanish and Hindi.
To know more about Savory & Partners, visit www.savoryandpartners.com.
For more information, please send an email to [email protected] can also call +971 04 430 1717 or send a WhatsApp message to +971 54 440 2955.
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Artificial Intelligence
Robotic Lawn Mower Market to Reach $2.4 Billion, by 2032 at 10.9% CAGR: Allied Market Research

The increasing demand for smart appliances for garden maintenance by global consumers, along with the development of IOT enabled features is fueling the growth of the robotic lawn mower market.
WILMINGTON, Del., Dec. 8, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Robotic Lawn Mower Market by Range (Low-Range Robotic Lawn Mower, Medium-Range Robotic Lawn Mower, and High-Range Robotic Lawn Mower), End User (Residential User and Commercial User), and Distribution Channel (Retail and Online): Opportunity Analysis and Industry Forecast, 2023-2032”. According to the report, the global robotic lawn mower market size was valued at $838.5 million in 2022, and is projected to reach $2.4 billion by 2032, growing at a CAGR of 10.9% from 2023 to 2032.
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Prime determinants of growth
The robotic lawn mower market is driven by factors such as increase in demand for automation, rise in advancements for technology, and increase in popularity of online platforms. However, the rise in regular maintenance and repair costs restricts market growth. Moreover, the increase in demand for rental robotic lawn mowers offers new opportunities in the coming years.
Report coverage & details:
Report Coverage
Details
Forecast Period
2023–2032
Base Year
2022
Market Size in 2022
$838.5 million
Market Size in 2032
$2.4 billion
CAGR
10.9 %
No. of Pages in Report
250
Segments covered
Range, End User, Distribution Channel, and Region
Drivers
Increase in demand for automation
Rise in advancements for technology
Reduction in the labor costs
Opportunities
Increase in demand for rental robotic lawn mowers
Growth in the adoption of internet of things
Declining Cost of Batteries/Fuel Cells
Restraints
Less adoption in developing markets
Regular maintenance and repair costs
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The medium range robotic lawn mower segment to maintain its leadership status throughout the forecast period
Based on range, the medium range robotic lawn mower segment dominated the market in 2022 accounting for more than half of the market share and is expected to dominate the market during the forecast period. This segment is projected to manifest the highest CAGR of 10.4% from 2023 to 2032, owing to the increase in residential and commercial spaces such as buildings, corporate spaces, sports centers, and public parks, which has fueled the requirement for medium range robotic lawn mowers.
The residential segment to maintain its leadership status throughout the forecast period
Based on end user, the residential segment dominated the market in 2022 accounting for less than three-fourths of the market share and is expected to dominate the market during the forecast period. This segment is projected to manifest the highest CAGR of 10.7% from 2023 to 2032, owing to the increase in the demand for low and medium range robotic lawn mowers in the residential sector due to the increased requirement for lawn care and maintenance.
The retail segment to maintain its lead position during the forecast period
On the basis of the distribution channel, the retail segment dominated the market in 2022 accounting for less than half of the market share and is expected to maintain its dominance during the forecast period. The increased demand for ecologically friendly and sustainable robotic lawn mowers, which is being driven by the rising awareness of environmental challenges, is one of the main factors boosting retail sales.
Europe to maintain its dominance by 2032
Based on region, Europe held the highest market share in terms of revenue in 2022, accounting for less than two-fifths of the market share and is expected to maintain its dominance during the forecast period. The growing popularity in artificial intelligence for performing day-to-day activities with higher efficiency is among the primary factors driving the Europe robotic lawn mower market.
Enquire before buying: https://www.alliedmarketresearch.com/purchase-enquiry/5117
Leading Market Players: –
Robert Bosch GmbHHusqvarna ABHonda Motor Co., Ltd.Zucchetti Centro Sistemi S.p.A.Stiga C S.a.r.l.Andreas Holding AG & Co. KGPositec Tool CorporationWiper S.R.L.Suzhou Cleva Electric Appliance Co., Ltd.Stanley Black & Decker, Inc.The report provides a detailed analysis of these key players in the robotic lawn mower market. These players have adopted different strategies such as acquisition, partnerships, and new product launches to increase their market share and maintain dominant shares in the market. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
Read More Trending “AMR Exclusive Insights:
Lawn and Garden Water Equipment Market Opportunity Analysis and Industry Forecast, 2023-2032Canada Lawn and Garden Water Equipment Market Opportunity Analysis and Industry Forecast, 2022-2032Mexico Lawn and Garden Water Equipment Market Opportunity Analysis and Industry Forecast, 2022-2032Europe Lawn and Garden Water Equipment Market Opportunity Analysis and Industry Forecast, 2022-2032France Lawn and Garden Water Equipment Market Opportunity Analysis and Industry Forecast, 2022-2032Germany Lawn and Garden Water Equipment Market Opportunity Analysis and Industry Forecast, 2022-2032About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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Artificial Intelligence
HH Global discloses environmental impact through CDP

LONDON, Dec. 8, 2023 /PRNewswire/ — HH Global has furthered its commitment to environmental transparency by completing a full assessment of the carbon footprint of our business for the fourth year in a row and disclosing our impact through CDP, the world’s leading environmental disclosure platform.
With a record +23,000 companies disclosing through CDP in 2023, HH Global’s data will be added to the most comprehensive inventory of self-reported environmental data in the world – helping to drive action through greater transparency.
CDP is a global non-profit that runs the disclosure platform for companies, cities, states and regions. CDP pioneered using capital markets and corporate procurement to motivate companies to report on their environmental impacts – and to reduce greenhouse gas emissions, safeguard water resources and protect forests. Their aim is to see a thriving economy that works for both people and planet in the long term.
Kevin Dunckley, Chief Sustainability Officer at HH Global commented:”HH Global is proud to have disclosed our environmental data through CDP for the fourth successive year. Tracking progress on reducing emissions is essential if we are to secure a 1.5°C world. Commitment to meaningful and measurable environmental action is more critical than ever and reporting where we are, our goals for a sustainable future and how we are getting there is vital.”
Sherry Madera, Chief Executive Officer at CDP said:
“With over 23,000 businesses disclosing through CDP this year, it is clear that sustainability – and the data that underpins it – is not a ‘nice to have’, but an essential part of long-term success in the business community that is showing no sign of slowing down – nor should it.
“Disclosure works, and today we should take a short pause to celebrate the dedication to transparency and accountability shown by HH Global reporting through CDP this year.
“A 1.5-degree future is still possible if the global community works in lockstep to get there.
“By sharing their environmental data with CDP, HH Global is continuing an environmental journey that will contribute to keeping that future in sight.”
The full list of companies disclosing through CDP can be accessed here: https://www.cdp.net/en/responses.
About HH Global
HH Global is a tech-enabled, creative production and procurement partner that delivers big impact for big ideas across the globe. With +4,500 experts in every market and a thirty-year track record of success, we help the biggest brands on the planet achieve stronger, more sustainable growth. Across every channel. At the speed of modern business. With an unmatched supply chain, a growing suite of tech tools and data insights—we make our clients’ brilliant ideas unmissable everywhere.
About CDP
CDP is a global non-profit that runs the world’s environmental disclosure system for companies, cities, states and regions. Founded in 2000 and working with more than 740 financial institutions with over $137 trillion in assets, CDP pioneered using capital markets and corporate procurement to motivate companies to disclose their environmental impacts, and to reduce greenhouse gas emissions, safeguard water resources and protect forests. Over 25,000 organizations around the world disclosed data through CDP in 2023, with more than 23,000 companies – including listed companies worth two thirds global market capitalization – and over 1,100 cities, states and regions.
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