Market Overview:
The global hydraulic forging machine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for forged parts from various end-use industries, such as automotive, machinery, aerospace and defence. In addition, the growing demand for lightweight and high-strength components is also fuelling the growth of this market. Based on type, the global hydraulic forging machine market can be segmented into open die forging and closed die forging. Closed die forging is expected to account for a larger share of this market than open die forging during the forecast period. This can be attributed to its ability to produce high-quality forged parts with better dimensional accuracy and surface finish as compared to open die forging. Based on application, the global hydraulic Forging Machine Market can be segmented into automotive, machinery, aerospace and defence among others.
Product Definition:
A hydraulic forging machine is a device that uses pressure from hydraulic fluid to produce force. This type of machine can be used for a variety of purposes, such as shaping metal or other materials. The importance of using this type of machine is that it can create more consistent and accurate results than other methods, such as manual forging.
Open Die Forging:
Open die forging is a process of manufacturing where the dies are not enclosed in a protective case or housings. The material is placed between the dies and then compressed by hydraulic force. There are various advantages of open die forging over closed die forging such as less wear and tear, better flow, no need for lubrication, low cost due to mass production etc.
The major factor that propels market growth includes high demand from end-user industries such as automotive & transportation.
Closed Die Forging:
Closed die forging is a process in which the work piece is placed between two metal dies. The material is forced into submission by high pressure air or hydraulic force and then cooled to allow the shape to harden. This method offers several advantages over open die forging such as less time consumption, better quality of forged part, elimination of waste materials and lower labor cost among others. It also has applications in aerospace engineering, automotive industry etc.
Application Insights:
The automotive segment accounted for the largest revenue share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing production capacities in China, India, and Mexico on account of low cost labor rates coupled with stringent environmental regulations encouraging manufacturers to use forged parts instead of machined ones.
Forged components are stronger than their machined counterparts as they undergo extensive testing throughout various stages of development including material composition, heat treatment process, and final assembly procedure before being used in a vehicle structure or engine component. Moreover, reduction in weight results into lesser fuel consumption which is projected to augment demand over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Vietnam. These countries are witnessing strong economic growth owing to various factors such as rapid industrialization, urbanization and increasing per capita income levels among others.
China has emerged as a major manufacturing hub for automotive components on account of low labor costs coupled with easy availability of land space for expansion activities by manufacturers from Japan, Korea and Germany. This trend is projected to continue over the next eight years due to which Asia Pacific will maintain its position at the top throughout the forecast period.
The demand in Europe was valued at USD X million in 2017 owing high product utilization across numerous applications including aerospace & defense industry on account of forged parts being lightweight compared to casted counterparts thereby reducing fuel consumption by up tp 5%.
Growth Factors:
- Increasing demand for hydraulic forging machines from the automotive and aerospace industries due to their ability to produce high-quality components with precision and consistency.
- Growing popularity of hydraulic forging machines among small- and medium-sized enterprises (SMEs) due to their lower cost of ownership as compared to traditional forging methods.
- Rising demand for forged parts from the construction, energy, and mining sectors owing to the increasing adoption of hydraulic fracturing techniques in these industries.
- Technological advancements in hydraulic forging machines that are helping manufacturers reduce cycle times and improve part quality.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydraulic Forging Machine Market Research Report
By Type
Open Die Forging, Closed Die Forging
By Application
Automotive, Machinery, Aerospace, Defence, Others
By Companies
Andritz Group, SMS group GmbH, LASCO Umformtechnik GmbH, KOJIMA IRON WORKS CO.,LTD., Wepuko PAHNKE USA LP, AIDA ENGINEERING,LTD, Ficep S.p.A., LIEN CHIEH MACHINERY CO., LTD., Anyang Forging Press ( Group) Machinery Industry Co., LTD., Santec Exim Pvt. Ltd., Sumitomo Heavy Industries, Ltd., Mossini Presse
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
192
Number of Tables & Figures
135
Customization Available
Yes, the report can be customized as per your need.
Global Hydraulic Forging Machine Market Report Segments:
The global Hydraulic Forging Machine market is segmented on the basis of:
Types
Open Die Forging, Closed Die Forging
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
Automotive, Machinery, Aerospace, Defence, Others
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:
- Andritz Group
- SMS group GmbH
- LASCO Umformtechnik GmbH
- KOJIMA IRON WORKS CO.,LTD.
- Wepuko PAHNKE USA LP
- AIDA ENGINEERING,LTD
- Ficep S.p.A.
- LIEN CHIEH MACHINERY CO., LTD.
- Anyang Forging Press ( Group) Machinery Industry Co., LTD.
- Santec Exim Pvt. Ltd.
- Sumitomo Heavy Industries, Ltd.
- Mossini Presse
Highlights of The Hydraulic Forging 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:
- Open Die Forging
- Closed Die Forging
- By Application:
- Automotive
- Machinery
- Aerospace
- Defence
- Others
- 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 Hydraulic Forging 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.
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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?
Hydraulic forging machine is a type of industrial forging machine that uses hydraulic pressure to forge metal.
Some of the major players in the hydraulic forging machine market are Andritz Group, SMS group GmbH, LASCO Umformtechnik GmbH, KOJIMA IRON WORKS CO.,LTD., Wepuko PAHNKE USA LP, AIDA ENGINEERING,LTD, Ficep S.p.A., LIEN CHIEH MACHINERY CO., LTD., Anyang Forging Press ( Group) Machinery Industry Co., LTD., Santec Exim Pvt. Ltd., Sumitomo Heavy Industries, Ltd., Mossini Presse.
The hydraulic forging machine market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hydraulic Forging Machine Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hydraulic Forging Machine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hydraulic Forging Machine Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hydraulic Forging Machine Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hydraulic Forging Machine Market Size & Forecast, 2018-2028
4.5.1 Hydraulic Forging Machine Market Size and Y-o-Y Growth
4.5.2 Hydraulic Forging Machine Market Absolute $ Opportunity
Chapter 5 Global Hydraulic Forging Machine Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Hydraulic Forging Machine Market Size Forecast by Type
5.2.1 Open Die Forging
5.2.2 Closed Die Forging
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hydraulic Forging Machine Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Hydraulic Forging Machine Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Machinery
6.2.3 Aerospace
6.2.4 Defence
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hydraulic Forging Machine Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hydraulic Forging Machine Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Hydraulic Forging Machine Analysis and Forecast
9.1 Introduction
9.2 North America Hydraulic Forging Machine Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Hydraulic Forging Machine Market Size Forecast by Type
9.6.1 Open Die Forging
9.6.2 Closed Die Forging
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Hydraulic Forging Machine Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Machinery
9.10.3 Aerospace
9.10.4 Defence
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Hydraulic Forging Machine Analysis and Forecast
10.1 Introduction
10.2 Europe Hydraulic Forging Machine Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Hydraulic Forging Machine Market Size Forecast by Type
10.6.1 Open Die Forging
10.6.2 Closed Die Forging
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Hydraulic Forging Machine Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Machinery
10.10.3 Aerospace
10.10.4 Defence
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Hydraulic Forging Machine Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hydraulic Forging Machine Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Hydraulic Forging Machine Market Size Forecast by Type
11.6.1 Open Die Forging
11.6.2 Closed Die Forging
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Hydraulic Forging Machine Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Machinery
11.10.3 Aerospace
11.10.4 Defence
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Hydraulic Forging Machine Analysis and Forecast
12.1 Introduction
12.2 Latin America Hydraulic Forging Machine Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Hydraulic Forging Machine Market Size Forecast by Type
12.6.1 Open Die Forging
12.6.2 Closed Die Forging
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Hydraulic Forging Machine Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Machinery
12.10.3 Aerospace
12.10.4 Defence
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Hydraulic Forging Machine Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hydraulic Forging Machine Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Hydraulic Forging Machine Market Size Forecast by Type
13.6.1 Open Die Forging
13.6.2 Closed Die Forging
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Hydraulic Forging Machine Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Machinery
13.10.3 Aerospace
13.10.4 Defence
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hydraulic Forging Machine Market: Competitive Dashboard
14.2 Global Hydraulic Forging Machine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Andritz Group
14.3.2 SMS group GmbH
14.3.3 LASCO Umformtechnik GmbH
14.3.4 KOJIMA IRON WORKS CO.,LTD.
14.3.5 Wepuko PAHNKE USA LP
14.3.6 AIDA ENGINEERING,LTD
14.3.7 Ficep S.p.A.
14.3.8 LIEN CHIEH MACHINERY CO., LTD.
14.3.9 Anyang Forging Press ( Group) Machinery Industry Co., LTD.
14.3.10 Santec Exim Pvt. Ltd.
14.3.11 Sumitomo Heavy Industries, Ltd.
14.3.12 Mossini Presse
