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

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

According to our (Global Info Research) latest study, the global Press Forging Machine market size was valued at USD 9022.9 million in 2023 and is forecast to a readjusted size of USD 11440 million by 2030 with a CAGR of 3.4% during review period.

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.

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.

The Global Info Research report includes an overview of the development of the Press Forging Machine 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 Press Forging Machine.

Regionally, the report analyzes the Press Forging Machine 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 Press Forging Machine market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Press Forging Machine 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 Press Forging Machine 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 (Unit), 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 Press Forging Machine market.

Regional Analysis: The report involves examining the Press Forging Machine 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 Press Forging Machine market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Press Forging Machine:

Company Analysis: Report covers individual Press Forging Machine 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 Press Forging Machine 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 Press Forging Machine. It assesses the current state, advancements, and potential future developments in Press Forging Machine areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Press Forging Machine 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

Press Forging Machine 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
Others

Market segment by Application
Automotive
Hardware Tools
Engineering Machinery
Others

Major players covered
SMS (DE)
Komatsu (JP)
Sumitomo (JP)
TMP (RU)
Schuler (DE)
Ajax (US)
Aida (JP)
Kurimoto (JP)
Fagor Arrasate (ES)
Mitsubishi (JP)
Lasco (DE)
Ficep (IT)
First Heavy (CN)
Stamtec (US)
Erie (US)
Beckwood (US)
Erzhong (CN)
J&H (KR)
Mecolpress (IT)

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

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

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

Chapter 4, the Press Forging Machine 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 Press Forging Machine 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 Press Forging Machine.

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