Global Cold Forging Presses Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Cold Forging Presses market size was valued at USD million in 2023 and is forecast to a readjusted size of USD million by 2030 with a CAGR of % during review period.
The factors for the Cold Forging Presses market include:
1. Increasing Demand for Lightweight and Stronger Components: Industries such as automotive, aerospace, and electronics require lightweight and stronger components to improve fuel efficiency, enhance performance, and reduce material usage. Cold forging presses play a crucial role in the production of these components, as the cold forging process creates parts with enhanced mechanical properties, accuracy, and consistency.
2. Efficiency and Cost Effectiveness: Cold forging presses offer superior efficiency and cost-effectiveness compared to other metal forming methods. The cold forging process typically requires fewer manufacturing steps, reduces material waste, and allows for high production rates. These advantages contribute to the growing demand for cold forging presses in various industries.
3. Customization and Complexity of Component Designs: The ability to produce complex and customized metal components is a driving factor for the cold forging presses market. Cold forging processes can create intricate shapes, intricate details, and unique designs that cannot be easily achieved through other manufacturing techniques. Industries that require complex and customized components, such as aerospace and defense, rely on cold forging presses to meet their specific requirements.
4. Environmental Considerations: Cold forging processes are known for their sustainability and eco-friendliness. Compared to traditional machining or hot forging methods, cold forging consumes less energy, produces less waste, and emits fewer pollutants. The growing focus on sustainability and environmental consciousness drives the demand for cold forging presses as a greener metal forming solution.
5. Advancements in Technology: Technological advancements in cold forging presses have led to improved capabilities, automation, precision, and control. Advanced features such as servo presses, computer numerical control (CNC) systems, and real-time monitoring enhance the productivity, accuracy, and reliability of cold forging processes. Technological advancements drive the adoption of cold forging presses to meet evolving customer demands.
6. Growth in Automotive and Aerospace Industries: The automotive and aerospace industries are major consumers of cold forged components. The growing demand for lightweight and high-strength components in these industries, driven by factors such as electrification, fuel efficiency, and stringent safety regulations, propels the market for cold forging presses.
7. Increased Manufacturing in Emerging Economies: The shift of manufacturing activities to emerging economies, such as China, India, and Southeast Asian countries, drives the demand for cold forging presses. These regions offer cost advantages, skilled labor, and a growing demand for high-quality metal components across various industries. The market for cold forging presses is expanding as manufacturers establish their presence in these emerging markets.
8. Demand for High-Quality and Reliable Components: Cold forging presses produce components with excellent mechanical properties, including high strength, durability, and precision. Industries such as automotive, aerospace, and manufacturing rely on cold forging presses to ensure the production of high-quality and reliable components that meet strict performance and safety standards.
Overall, the driving factors for the Cold Forging Presses market include the increasing demand for lightweight and stronger components, efficiency and cost-effectiveness, customization and complexity of component designs, environmental considerations, advancements in technology, growth in automotive and aerospace industries, increased manufacturing in emerging economies, and the demand for high-quality and reliable components. These factors collectively contribute to the growth and adoption of cold forging presses in various industries.
The Global Info Research report includes an overview of the development of the Cold Forging Presses industry chain, the market status of Automotive (Closed Die Forging, Open Die Forging), Hardware Tools (Closed Die Forging, Open Die Forging), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Cold Forging Presses.
Regionally, the report analyzes the Cold Forging Presses markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Cold Forging Presses market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Cold Forging Presses market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Cold Forging Presses industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Closed Die Forging, Open Die Forging).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Cold Forging Presses market.
Regional Analysis: The report involves examining the Cold Forging Presses market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Cold Forging Presses market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Cold Forging Presses:
Company Analysis: Report covers individual Cold Forging Presses manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Cold Forging Presses This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Automotive, Hardware Tools).
Technology Analysis: Report covers specific technologies relevant to Cold Forging Presses. It assesses the current state, advancements, and potential future developments in Cold Forging Presses areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Cold Forging Presses market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Cold Forging Presses market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Closed Die Forging
Open Die Forging
Extrusion Presses
Other
Market segment by Application
Automotive
Hardware Tools
Engineering Machinery
Others
Major players covered
Jern Yao
Chun Yu Group
National Machinery
Sacma
Sakamura
Hyodong
Carlo Salvi
Nakashimada
Komatsu
Nedschroef
Sunac
Tanisaka
GFM
Aida
Hatebur
MANYO
Stamtec
Shanghai Chun Yu Group
Dongrui Machinery
Jern Yao(Shanghai)
Yixing Jufeng Machinery
Harbin Rainbow Technology
Rayliter
Xiangsheng Machine
Baihe Machinery
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Cold Forging Presses product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Cold Forging Presses, with price, sales, revenue and global market share of Cold Forging Presses from 2019 to 2024.
Chapter 3, the Cold Forging Presses competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Cold Forging Presses breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Cold Forging Presses market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Cold Forging Presses.
Chapter 14 and 15, to describe Cold Forging Presses sales channel, distributors, customers, research findings and conclusion.