Global Rolling Dies Market Size study & Forecast, by Type (Thread Rolling Cylindrical Dies, Rolling Flat Dies, Rack Type Rolling Dies, Rotary Type Thread Rolling Dies, Round Dies, Trimming Dies), by Industry (White Goods, Automotive, Cutlery, Medical, General Engineering, Consumer Electronics) and Regional Analysis, 2023-2030
Global Rolling Dies Market is valued at approximately USD 517 million in 2022 and is anticipated to grow with a healthy growth rate of more than 7.05% over the forecast period 2023-2030. Rolling Dies are different types of tools that are used for forming and shaping metal according to the size or shape of their want. They are commonly used in the manufacturing of various components of metals. The factor that drives the growth of the market is the rising consumer demand as the consumers need customized products which led to an increase in demand for customized metal components and rolling dies help to produce all those customized products with complex shapes and sizes. The other factor that drives the growth of the market is the increasing demand for commercial vehicles as rolling dies are important tools for the manufacturing commercial vehicles and the increase in demand for commercial vehicles leads to an increase in demand for rolling dies. As per Statista, the production of commercial vehicles worldwide was around 23.2 million units in 2021 and it is expected to increase YoY basis which is expected to drive the growth of the market. However, the rising usage of composites in automotive applications hinders the growth of the market.
The growth opportunity factor for the market is the usage of rolling dies in various industries such as automotive, white goods, cutlery, consumer goods and so on. As per Statista, the number of units sold in 2021 was 66.7 million and it is expected to increase in the forecasting years and it is expected to create opportunities for the rolling dies market. The other growth opportunity factor is advancements in technology as new technologies such as 3D printing present opportunities for the companies to innovate and it is also expected to create opportunities for the market as well.
The key regions considered for the Global Rolling Dies Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to reasons such as the lot of investment in the development of several industries of the region and as a result the demand and the growth of the market has increased.
Europe is expected to grow significantly during the forecast period, owing to factors such as advancements in the technology of the region.
Major market player included in this report are:Profiroll Technologies GmbH
OSG Corporation
Union Tools Co.
Tanoi Mfg. Co. Ltd.
J. K. Industrial Corporation
Harold Habegger S.A.
Jieng Beeing Enterprise Co. Ltd
Tesker Manufacturing Corporation
Mayes & Warwick Limited
Landis Solutions LLC
Recent Developments in the Market: In March 2022, Otter Tail Power Company and Landis announced a partnership to deliver advanced metering infrastructure, software, and services to aid in the utility's construction of a more powerful more intelligent electricity grid throughout its three-state service zone.
In December 2020, a partnership took place wherein YAMAWA Manufacturing Co. Ltd. partnered with YAMAWA Precision Co. Ltd. And YAMAWA Taps Co. Ltd. The merger would be promoting further rationalization in production and better and balanced supply to the global market.
Global Rolling Dies Battery Market Report Scope: Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered – Type, Industry, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below: By Type:
Thread Rolling Cylindrical Dies
Rolling Flat Dies
Rack Type Rolling Dies
Rotary Type Thread Rolling Dies
Round Dies
Trimming Dies
By Industry:
White Goods
Automotive
Cutlery
Medical
General Engineering
Consumer Electronics
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
Companies MentionedProfiroll Technologies GmbH
OSG Corporation
Union Tools Co.
Tanoi Mfg. Co. Ltd.
J. K. Industrial Corporation
Harold Habegger S.A.
Jieng Beeing Enterprise Co. Ltd
Tesker Manufacturing Corporation
Mayes & Warwick Limited
Landis Solutions LLC
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