Anyang Forging Press Group Machinery Industry Co. Ltd.
Beckwood Press
Ficep SpA
G.Siempelkamp GmbH and Co. KG
JNH Press Co. Ltd.
Komatsu Ltd.
Kurimoto Ltd.
LASCO Umformtechnik GmbH
Magnum Integrated Technologies Inc.
Neff Press Inc.
Park Ohio Holdings Corp.
Santec Exim Pvt. Ltd.
SMS group GmbH
Sumitomo Heavy Industries Ltd.
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The forging presses market is forecasted to grow by USD 313.13 mn during 2022-2027, accelerating at a CAGR of 3.28% during the forecast period. The report on the forging presses market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by benefits of forging over casting, use of servo press in forging machines, and growing demand for renewable energy equipment.
Technavio's forging presses market is segmented as below:
Market Scope
Base Year
2022
End Year
2027
Series Year
2023-2027
Growth Momentum
Accelerate
YOY 2023
2.86%
CAGR
3.28%
Incremental Value
$313.13mn
By Application
Automotive
Aerospace
Others
By Type
Hydraulic
Mechanical
Others
By Geographical Landscape
APAC
Europe
North America
South America
Middle East and Africa
This study identifies the introduction of hybrid forging techniques as one of the prime reasons driving the forging presses market growth during the next few years. Also, integration of IoT with forging technology and development of first-ever all-in-one 3D printing, casting, and forging techniques will lead to sizable demand in the market.
The report on the forging presses market covers the following areas:
Forging presses market sizing
Forging presses market forecast
Forging presses market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading forging presses market vendors that include Andritz AG, Anyang Forging Press Group Machinery Industry Co. Ltd., Chin Fong Machine Industrial Co. Ltd., Ficep SpA, Komatsu Ltd., Kurimoto Ltd., LASCO Umformtechnik GmbH, Magnum Integrated Technologies Inc., Neff Press Inc., Park Ohio Holdings Corp., RATTAN HAMMERS, Santec Exim Pvt. Ltd., Sharma Presses, SMS group GmbH, Sumitomo Heavy Industries Ltd., Wepuko PAHNKE Engineering LP, AIDA Engineering Ltd., Beckwood Press, G.Siempelkamp GmbH and Co. KG, and JNH Press Co. Ltd.. Also, the forging presses market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary €" Chart on Market Overview
Exhibit 02: Executive Summary €" Data Table on Market Overview
Exhibit 03: Executive Summary €" Chart on Global Market Characteristics
Exhibit 04: Executive Summary €" Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary €" Chart on Market Segmentation by Application
Exhibit 06: Executive Summary €" Chart on Market Segmentation by Type
Exhibit 07: Executive Summary €" Chart on Incremental Growth
Exhibit 08: Executive Summary €" Data Table on Incremental Growth
Exhibit 09: Executive Summary €" Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
4.1 Global forging presses market 2017 - 2021
Exhibit 18: Historic Market Size €" Data Table on global forging presses market 2017 - 2021 ($ million)