Global Forging Presses Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Forging Presses Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Forging is the operation where the metal is heated and then a force is applied to manipulates the metals in such a way that the required final shape is obtained. Forging is generally a hot working process though cold forging is used sometimes.

Press forging works by slowly applying a continuous pressure or force, which differs from the near-instantaneous impact of drop-hammer forging. The amount of time the dies are in contact with the work piece is measured in seconds (as compared to the milliseconds of drop-hammer forges). The press forging operation can be done either cold or hot.

The main advantage of press forging, as compared to drop-hammer forging, is its ability to deform the complete work piece. Drop-hammer forging usually only deforms the surfaces of the work piece in contact with the hammer and anvil; the interior of the work piece will stay relatively unreformed. Another advantage to the process includes the knowledge of the new part"s strain rate. We specifically know what kind of strain can be put on the part, because the compression rate of the press forging operation is controlled.

According to our (Global Info Research) latest study, the global Forging Presses market size was valued at US$ 9414 million in 2023 and is forecast to a readjusted size of USD 12270 million by 2030 with a CAGR of 3.9% during review period.

Global Forging Presses key players include Schuler, Komatsu, Aida, JIER, Yangli Group, etc. Global top five players hold a share about 30%.

China is the largest market, with a share about 60%, followed by Japan and South Korea, having a total share about 15 percent.

In terms of product, Mechanical is the largest segment, with a share about 75%. And in terms of application, the largest application is Automotive, followed by Hardware Tools, General Machine, Home Appliances, etc.

This report is a detailed and comprehensive analysis for global Forging Presses market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Forging Presses market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2019-2030

Global Forging Presses market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2019-2030

Global Forging Presses market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2019-2030

Global Forging Presses market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (USD/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Forging Presses

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Forging Presses market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Aida, Yangli Group, Yadon, Xuduan, World Group, TMP, Tianduan Press, Sumitomo, Stamtec, SMS Group, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

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. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Mechanical
Hydraulic

Market segment by Application
Automotive
Hardware Tools
General Machine
Home Appliances
Others

Major players covered
Aida
Yangli Group
Yadon
Xuduan
World Group
TMP
Tianduan Press
Sumitomo
Stamtec
SMS Group
Siempelkamp
SEYI
Schuler
Rongcheng
QIQIHAR NO.2
Nantong Metalforming Equipment
Mitsubishi
Mecolpress
Lasco
Kurimoto
Komatsu
Jsc"Tjazhmekhpress"
JIER
J&H
Isgec Heavy Engineering
Huzhou Machine Tool
Hitachi Zosen
Hefei Metalforming
First Heavy
Ficep
Erzhong
Erie
Chin Fong
BRUDERER AG
Beckwood
Amada
Ajax-Ceco
Fagor Arrasate

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 Forging Presses product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Forging Presses, with price, sales quantity, revenue, and global market share of Forging Presses from 2019 to 2024.

Chapter 3, the Forging Presses competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the 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 by Application, with sales market share and growth rate by Type, by 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 2019 to 2024.and Forging Presses market forecast, by regions, by Type, and by 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 Forging Presses.

Chapter 14 and 15, to describe Forging Presses sales channel, distributors, customers, research findings and conclusion.