Forging Presses Market

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.

Forging Presses Market contains market size and forecasts of Forging Presses in global, including the following market information:

Global Forging Presses Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Forging Presses Market Sales, 2017-2022, 2023-2028, (Units)

Global top five Forging Presses companies in 2021 (%)

The global Forging Presses market was valued at 9022.9 million in 2021 and is projected to reach US$ 11740 million by 2028, at a CAGR of 3.8% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Mechanical Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Forging Presses include Aida, Yangli Group, Yadon, Xuduan, World Group, TMP, Tianduan Press, Sumitomo and Stamtec, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Forging Presses manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Forging Presses Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Forging Presses Market Segment Percentages, by Type, 2021 (%)

Mechanical

Hydraulic

Global Forging Presses Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Forging Presses Market Segment Percentages, by Application, 2021 (%)

Automotive

Hardware Tools

General Machine

Home Appliances

Others

Global Forging Presses Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Forging Presses Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Forging Presses revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Forging Presses revenues share in global market, 2021 (%)

Key companies Forging Presses sales in global market, 2017-2022 (Estimated), (Units)

Key companies Forging Presses sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Aida

Yangli Group

Yadon

Xuduan

World Group

TMP

Tianduan Press

Sumitomo

Stamtec

SMS Group

Siempelkamp

SEYI

Schuler

Rongcheng

QIQIHAR NO.2

Nantong Metalforming Equipment

Mitsubishi

Mecolpress

Lasco

Kurimoto

Komatsu

Jsc"Tjazhmekhpress"

JIER

J&H

Isgec Heavy Engineering

Huzhou Machine Tool

Hitachi Zosen

Hefei Metalforming

First Heavy

Ficep

Erzhong

Erie

Chin Fong

BRUDERER AG

Beckwood

Amada

Ajax-Ceco

Fagor Arrasate