Market Overview:
The global forging press machine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for forged parts in the automotive and aerospace industries. Additionally, the growing demand for forged parts from equipment manufacturing industries is also contributing to the growth of this market. However, factors such as high initial investment and lack of skilled labor are restraining the growth of this market. On basis of type, artificial forging press machines are expected to dominate the global forging press machine market during 2018-2030 owing to their low cost and easy operability as compared with CNC forging presses machines. On basis of application, automotive industry is anticipated to hold a dominant position in terms of revenue contribution throughoutthe forecast period followed by space industry due rising demand for lightweight components in aircrafts & spacecrafts.
Product Definition:
A forging press is a large machine used to produce metal parts by pressing or pounding the metal into shape. The forging press is important because it can create complex shapes that are difficult or impossible to make with other machines.
Artificial Forging Press Machine:
Artificial forging press machine is used to manufacture artificial products such as license plates, identity cards, credit cards and banknotes. It’s an example of highly mechanized production process which includes the use of steam or water for heating metal sheets in order to deform them into the desired shape. The forged product is then cooled and stamped with a manufacturer's mark before being sent for sale on the market.
CNC Forging Press Machine:
CNC Forging Press Machine is used in metal forging process. It is a device that performs the task of transferring force from computer to work piece and vice versa by performing steps like cutting, raising, holding and lowering with high speed and accuracy. CNC machines are programmable which helps to perform series of operations on different types of work pieces according to the need.
Application Insights:
The automobile industry accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The growth of this segment can be attributed to increasing production of passenger cars and light commercial vehicles across the globe. Forging press machines are used for manufacturing various components including engine blocks, transmission cases, body panels, hoods & roofs among others.
Automotive applications include but are not limited to plants owned by Ford Motor Company (U.S.), Mercedes-Benz (Germany), Toyota Motors Corporation (Japan), General Motors Company (U.S.), Honda Motor Co., Ltd., Nissan Motor Co., Ltd., Renault S.A.S.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong growth in several industries, such as aerospace & defense, automotive, construction equipment manufacturing industry. Increasing demand for forged parts from these sectors is anticipated to drive the regional market growth over the forecast period.
The growing industrialization across Asia Pacific countries such as India and China has led to an increase in production activities within various industries including aerospace & defense and heavy machinery manufacturing sector. This trend is projected to positively influence product demand over the next eight years of Forecast Period.
Growth Factors:
- Increasing demand for Forging Press Machine from automotive and aerospace industries
- Growing popularity of Forging Press Machine in small-scale manufacturing units
- Rising adoption of Forging Press Machine for producing high-quality components
- Proliferation of forging technology across different industrial sectors
- Technological advancements in forging press machines
Scope Of The Report
Report Attributes
Report Details
Report Title
Forging Press Machine Market Research Report
By Type
Artificial Forging Press Machine, CNC Forging Press Machine
By Application
Automobile Industry, Space, Equipment Manufacturing Industry, Other
By Companies
AMADA, Anyang Forging Press Machinery Industry, Bystronic, Schuler, TRUMPF, Accurl, Ajax CECO, Baileigh Industrial, Betenbender Manufacturing, Cincinnati, Eagle Bending Machines, EHRT/International, Technologies, ERIE Press Systems, ERMAKSAN, Gasparini, Imac Italia, Jayson machines, Ketec Precision Tooling, Komatsu, Lazer Safe Pty Ltd, LVD Company, MetalForming, Salvagnini America, Santec Group, Sumitomo Heavy Industries, Siempelkamp Maschinen- und Anlagenbau
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Forging Press Machine Market Report Segments:
The global Forging Press Machine market is segmented on the basis of:
Types
Artificial Forging Press Machine, CNC Forging Press Machine
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automobile Industry, Space, Equipment Manufacturing Industry, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AMADA
- Anyang Forging Press Machinery Industry
- Bystronic
- Schuler
- TRUMPF
- Accurl
- Ajax CECO
- Baileigh Industrial
- Betenbender Manufacturing
- Cincinnati
- Eagle Bending Machines
- EHRT/International
- Technologies
- ERIE Press Systems
- ERMAKSAN
- Gasparini
- Imac Italia
- Jayson machines
- Ketec Precision Tooling
- Komatsu
- Lazer Safe Pty Ltd
- LVD Company
- MetalForming
- Salvagnini America
- Santec Group
- Sumitomo Heavy Industries
- Siempelkamp Maschinen- und Anlagenbau
Highlights of The Forging Press Machine Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Artificial Forging Press Machine
- CNC Forging Press Machine
- By Application:
- Automobile Industry
- Space
- Equipment Manufacturing Industry
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Forging Press Machine Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Forging press machine is a type of industrial machinery used to produce parts from metal by pressing them together.
Some of the key players operating in the forging press machine market are AMADA, Anyang Forging Press Machinery Industry, Bystronic, Schuler, TRUMPF, Accurl, Ajax CECO, Baileigh Industrial, Betenbender Manufacturing, Cincinnati, Eagle Bending Machines, EHRT/International, Technologies, ERIE Press Systems, ERMAKSAN, Gasparini, Imac Italia, Jayson machines, Ketec Precision Tooling, Komatsu, Lazer Safe Pty Ltd, LVD Company, MetalForming, Salvagnini America, Santec Group, Sumitomo Heavy Industries, Siempelkamp Maschinen- und Anlagenbau.
The forging press machine market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Forging Press Machine Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Forging Press Machine Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Forging Press Machine Market - Supply Chain
4.5. Global Forging Press Machine Market Forecast
4.5.1. Forging Press Machine Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Forging Press Machine Market Size (000 Units) and Y-o-Y Growth
4.5.3. Forging Press Machine Market Absolute $ Opportunity
5. Global Forging Press Machine Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Forging Press Machine Market Size and Volume Forecast by Type
5.3.1. Artificial Forging Press Machine
5.3.2. CNC Forging Press Machine
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Forging Press Machine Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Forging Press Machine Market Size and Volume Forecast by Application
6.3.1. Automobile Industry
6.3.2. Space
6.3.3. Equipment Manufacturing Industry
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Forging Press Machine Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Forging Press Machine Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Forging Press Machine Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Forging Press Machine Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Forging Press Machine Demand Share Forecast, 2019-2026
9. North America Forging Press Machine Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Forging Press Machine Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Forging Press Machine Market Size and Volume Forecast by Application
9.4.1. Automobile Industry
9.4.2. Space
9.4.3. Equipment Manufacturing Industry
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Forging Press Machine Market Size and Volume Forecast by Type
9.7.1. Artificial Forging Press Machine
9.7.2. CNC Forging Press Machine
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Forging Press Machine Demand Share Forecast, 2019-2026
10. Latin America Forging Press Machine Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Forging Press Machine Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Forging Press Machine Market Size and Volume Forecast by Application
10.4.1. Automobile Industry
10.4.2. Space
10.4.3. Equipment Manufacturing Industry
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Forging Press Machine Market Size and Volume Forecast by Type
10.7.1. Artificial Forging Press Machine
10.7.2. CNC Forging Press Machine
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Forging Press Machine Demand Share Forecast, 2019-2026
11. Europe Forging Press Machine Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Forging Press Machine Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Forging Press Machine Market Size and Volume Forecast by Application
11.4.1. Automobile Industry
11.4.2. Space
11.4.3. Equipment Manufacturing Industry
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Forging Press Machine Market Size and Volume Forecast by Type
11.7.1. Artificial Forging Press Machine
11.7.2. CNC Forging Press Machine
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Forging Press Machine Demand Share, 2019-2026
12. Asia Pacific Forging Press Machine Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Forging Press Machine Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Forging Press Machine Market Size and Volume Forecast by Application
12.4.1. Automobile Industry
12.4.2. Space
12.4.3. Equipment Manufacturing Industry
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Forging Press Machine Market Size and Volume Forecast by Type
12.7.1. Artificial Forging Press Machine
12.7.2. CNC Forging Press Machine
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Forging Press Machine Demand Share, 2019-2026
13. Middle East & Africa Forging Press Machine Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Forging Press Machine Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Forging Press Machine Market Size and Volume Forecast by Application
13.4.1. Automobile Industry
13.4.2. Space
13.4.3. Equipment Manufacturing Industry
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Forging Press Machine Market Size and Volume Forecast by Type
13.7.1. Artificial Forging Press Machine
13.7.2. CNC Forging Press Machine
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Forging Press Machine Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Forging Press Machine Market: Market Share Analysis
14.2. Forging Press Machine Distributors and Customers
14.3. Forging Press Machine Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. AMADA
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Anyang Forging Press Machinery Industry
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Bystronic
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Schuler
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. TRUMPF
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Accurl
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Ajax CECO
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Baileigh Industrial
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Betenbender Manufacturing
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Cincinnati
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Eagle Bending Machines
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. EHRT/International
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Technologies
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. ERIE Press Systems
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. ERMAKSAN
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Gasparini
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Imac Italia
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Jayson machines
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Ketec Precision Tooling
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Komatsu
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
