Global Forging Technology Market Growth (Status and Outlook) 2024-2030

Global Forging Technology Market Growth (Status and Outlook) 2024-2030

Forging Technology refers to the manufacturing process of shaping metal parts and components through the application of force and heat. It is commonly used in industries such as automotive, aerospace, and construction to produce strong and durable metal parts.

The global Forging Technology market size is projected to grow from US$ million in 2023 to US$ million in 2030; it is expected to grow at a CAGR of % from 2024 to 2030.

LPI (LP Information)' newest research report, the “Forging Technology Industry Forecast” looks at past sales and reviews total world Forging Technology sales in 2023, providing a comprehensive analysis by region and market sector of projected Forging Technology sales for 2024 through 2030. With Forging Technology sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Forging Technology industry.

This Insight Report provides a comprehensive analysis of the global Forging Technology landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Forging Technology portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Forging Technology market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Forging Technology and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Forging Technology.

United States market for Forging Technology is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Forging Technology is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Forging Technology is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Forging Technology players cover Schuler AG, SMS group, Ajax Tocco Magnethermic, Hatebur Umformmaschinen AG and National Machinery LLC, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Forging Technology market by product type, application, key players and key regions and countries.

Segmentation by type
Systems for Cold Forging
Systems for Warm Forging
Systems for Hot Forging
Others

Segmentation by application
Automotive
Construction
Aerospace
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Schuler AG
SMS group
Ajax Tocco Magnethermic
Hatebur Umformmaschinen AG
National Machinery LLC
Sakamura USA Inc.
Jern Yao Enterprises Co., Ltd.
Baoding Hongda Electron Machinery Co., Ltd.
Ficep S.p.A.

Please note: The report will take approximately 2 business days to prepare and deliver.