Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Metal Forging Machine Market by Type (Carbon Steel Forging, Alloy Steel Forging, Aluminum Alloy Forging, Magnesium Alloy Forging, Titanium Alloy Forging, Others), By Application (Aerospace, Shipping, Power Industry, Oil & Gas, Construction Machinery, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Metal Forging Machine Market by Type (Carbon Steel Forging, Alloy Steel Forging, Aluminum Alloy Forging, Magnesium Alloy Forging, Titanium Alloy Forging, Others), By Application (Aerospace, Shipping, Power Industry, Oil & Gas, Construction Machinery, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 259047 4200 Machinery & Equipment 377 213 Pages 4.5 (48)
                                          

Market Overview:


The global metal forging 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 various end-use industries, such as aerospace, shipping, power industry, oil & gas and construction machinery. In addition, the growing demand for lightweight and high-strength materials is also propelling the growth of the global metal forging machine market. Based on type, the carbon steel forging segment is estimated to account for a major share of the global metal forging machine market in 2018. This can be attributed to its high strength-to-weight ratio and corrosion resistance properties as compared with other types of metals.


Global Metal Forging Machine Industry Outlook


Product Definition:


A metal forging machine is a device that uses heat and pressure to form metal into desired shapes. This type of machine is often used in manufacturing, where it can be used to create parts for everything from cars to kitchen appliances. Metal forging machines are important because they allow manufacturers to quickly and easily create the parts they need for their products.


Carbon Steel Forging:


Carbon steel forging is a process in which the metal is heated and then it's rolled into a workpiece by means of a machine. The carbon steel has been widely used owing to its properties such as ductility, malleability, high strength and low cost. In the past few years, aluminum has been replacing iron in various applications including railways vehicles & equipment; automobiles; shipbuilding; aircraft parts manufacturing among others owing to its lightweight property.


Alloy Steel Forging:


Alloy steel forging is a process in which two pieces of metal are heated and then they are pressed together with the help of hydraulic press. The main objective behind this process is to create internal pressure in order to get rid of the external forces acting on the parts. In addition, it also helps in producing high strength material as compared to carbon steel products.


The global metal forging machine market size was valued at USD 6,47 billion in 2016.


Application Insights:


The aerospace 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 demand from commercial aviation sector, which has been suffering due to passenger traffic decline owing to rise in air fares and other economic factors.


For example, according to Boeing¢â‚¬â„¢s 2016 annual Report on Trends in Commercial Aviation, global passenger travel declined by 3% compared with 2015 while cargo travel increased by 5%. This trend is expected continue over next few years as well owing to increase competition among airlines resulting in fall of Passenger Load Factor (PLF). PLF measures the percentage of seats filled on a flight based on an average fare per seat.


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. Growing industrialization coupled with increasing investments in metal forging machinery production by developing countries such as China and India are anticipated to drive demand over the next eight years.


The Asia Pacific was followed by Europe which accounted for a revenue share of more than 20% in 2017 owing to high demand from automotive industry on account of rising vehicle manufacturing activities across major countries including Germany, France Italy Spain Russia U.K.


Growth Factors:


  • Increasing demand for automobiles due to rising population and income levels in developing countries is expected to drive the growth of the metal forging machine market.
  • The growing popularity of lightweight vehicles is also anticipated to fuel the demand for metal forging machines in the coming years.
  • Rapid industrialization and urbanization are other key factors that are expected to boost the market growth in future.
  • Rising investments by key players in research and development activities is also projected to propel the market growth over the forecast period.

Scope Of The Report

Report Attributes

Report Details

Report Title

Metal Forging Machine Market Research Report

By Type

Carbon Steel Forging, Alloy Steel Forging, Aluminum Alloy Forging, Magnesium Alloy Forging, Titanium Alloy Forging, Others

By Application

Aerospace, Shipping, Power Industry, Oil & Gas, Construction Machinery, Others

By Companies

SMS, Komatsu, Sumitomo, TMP, Schuler, Ajax, Aida, Kurimoto, Fagor Arrasate, Mitsubishi, SMS, Ficep, First Heavy, Stamtec, Erie, Beckwood, Erzhong, J&H, Mecolpress

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

213

Number of Tables & Figures

150

Customization Available

Yes, the report can be customized as per your need.


Global Metal Forging Machine Market Report Segments:

The global Metal Forging Machine market is segmented on the basis of:

Types

Carbon Steel Forging, Alloy Steel Forging, Aluminum Alloy Forging, Magnesium Alloy Forging, Titanium Alloy Forging, Others

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

Aerospace, Shipping, Power Industry, Oil & Gas, Construction Machinery, 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:

  1. SMS
  2. Komatsu
  3. Sumitomo
  4. TMP
  5. Schuler
  6. Ajax
  7. Aida
  8. Kurimoto
  9. Fagor Arrasate
  10. Mitsubishi
  11. SMS
  12. Ficep
  13. First Heavy
  14. Stamtec
  15. Erie
  16. Beckwood
  17. Erzhong
  18. J&H
  19. Mecolpress

Global Metal Forging Machine Market Overview


Highlights of The Metal Forging Machine Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Carbon Steel Forging
    2. Alloy Steel Forging
    3. Aluminum Alloy Forging
    4. Magnesium Alloy Forging
    5. Titanium Alloy Forging
    6. Others
  1. By Application:

    1. Aerospace
    2. Shipping
    3. Power Industry
    4. Oil & Gas
    5. Construction Machinery
    6. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Metal 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.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Metal Forging Machine Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


A metal forging machine is a device used to create objects from metal by heating the metal until it becomes malleable and then shaping it into the desired object.

Some of the major companies in the metal forging machine market are SMS, Komatsu, Sumitomo, TMP, Schuler, Ajax, Aida, Kurimoto, Fagor Arrasate, Mitsubishi, SMS, Ficep, First Heavy, Stamtec, Erie, Beckwood, Erzhong, J&H, Mecolpress.

The metal forging machine market is expected to register a CAGR of 5.5%.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Metal 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 Metal Forging Machine Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Metal 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 Metal 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 Metal Forging Machine Market Size & Forecast, 2018-2028       4.5.1 Metal Forging Machine Market Size and Y-o-Y Growth       4.5.2 Metal Forging Machine Market Absolute $ Opportunity

Chapter 5 Global Metal 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 Metal Forging Machine Market Size Forecast by Type
      5.2.1 Carbon Steel Forging
      5.2.2 Alloy Steel Forging
      5.2.3 Aluminum Alloy Forging
      5.2.4 Magnesium Alloy Forging
      5.2.5 Titanium Alloy Forging
      5.2.6 Others
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Metal 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 Metal Forging Machine Market Size Forecast by Applications
      6.2.1 Aerospace
      6.2.2 Shipping
      6.2.3 Power Industry
      6.2.4 Oil & Gas
      6.2.5 Construction Machinery
      6.2.6 Others
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Metal 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 Metal 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 Metal Forging Machine Analysis and Forecast
   9.1 Introduction
   9.2 North America Metal 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 Metal Forging Machine Market Size Forecast by Type
      9.6.1 Carbon Steel Forging
      9.6.2 Alloy Steel Forging
      9.6.3 Aluminum Alloy Forging
      9.6.4 Magnesium Alloy Forging
      9.6.5 Titanium Alloy Forging
      9.6.6 Others
   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 Metal Forging Machine Market Size Forecast by Applications
      9.10.1 Aerospace
      9.10.2 Shipping
      9.10.3 Power Industry
      9.10.4 Oil & Gas
      9.10.5 Construction Machinery
      9.10.6 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 Metal Forging Machine Analysis and Forecast
   10.1 Introduction
   10.2 Europe Metal 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 Metal Forging Machine Market Size Forecast by Type
      10.6.1 Carbon Steel Forging
      10.6.2 Alloy Steel Forging
      10.6.3 Aluminum Alloy Forging
      10.6.4 Magnesium Alloy Forging
      10.6.5 Titanium Alloy Forging
      10.6.6 Others
   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 Metal Forging Machine Market Size Forecast by Applications
      10.10.1 Aerospace
      10.10.2 Shipping
      10.10.3 Power Industry
      10.10.4 Oil & Gas
      10.10.5 Construction Machinery
      10.10.6 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 Metal Forging Machine Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Metal 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 Metal Forging Machine Market Size Forecast by Type
      11.6.1 Carbon Steel Forging
      11.6.2 Alloy Steel Forging
      11.6.3 Aluminum Alloy Forging
      11.6.4 Magnesium Alloy Forging
      11.6.5 Titanium Alloy Forging
      11.6.6 Others
   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 Metal Forging Machine Market Size Forecast by Applications
      11.10.1 Aerospace
      11.10.2 Shipping
      11.10.3 Power Industry
      11.10.4 Oil & Gas
      11.10.5 Construction Machinery
      11.10.6 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 Metal Forging Machine Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Metal 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 Metal Forging Machine Market Size Forecast by Type
      12.6.1 Carbon Steel Forging
      12.6.2 Alloy Steel Forging
      12.6.3 Aluminum Alloy Forging
      12.6.4 Magnesium Alloy Forging
      12.6.5 Titanium Alloy Forging
      12.6.6 Others
   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 Metal Forging Machine Market Size Forecast by Applications
      12.10.1 Aerospace
      12.10.2 Shipping
      12.10.3 Power Industry
      12.10.4 Oil & Gas
      12.10.5 Construction Machinery
      12.10.6 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) Metal Forging Machine Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Metal 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) Metal Forging Machine Market Size Forecast by Type
      13.6.1 Carbon Steel Forging
      13.6.2 Alloy Steel Forging
      13.6.3 Aluminum Alloy Forging
      13.6.4 Magnesium Alloy Forging
      13.6.5 Titanium Alloy Forging
      13.6.6 Others
   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) Metal Forging Machine Market Size Forecast by Applications
      13.10.1 Aerospace
      13.10.2 Shipping
      13.10.3 Power Industry
      13.10.4 Oil & Gas
      13.10.5 Construction Machinery
      13.10.6 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 Metal Forging Machine Market: Competitive Dashboard
   14.2 Global Metal Forging Machine Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 SMS
      14.3.2 Komatsu
      14.3.3 Sumitomo
      14.3.4 TMP
      14.3.5 Schuler
      14.3.6 Ajax
      14.3.7 Aida
      14.3.8 Kurimoto
      14.3.9 Fagor Arrasate
      14.3.10 Mitsubishi
      14.3.11 SMS
      14.3.12 Ficep
      14.3.13 First Heavy
      14.3.14 Stamtec
      14.3.15 Erie
      14.3.16 Beckwood
      14.3.17 Erzhong
      14.3.18 J&H
      14.3.19 Mecolpress

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