Forging Presses Market Dynamics, Trends, Emerging Growth Factors and Forecasts to 2026
Report marketgrowthreports.com latest publication, Forging Presses Market Research Report 2020, what's more, offers a wise interpretation of the drivers and limitations present in the market. It evaluates the verifiable information involving to the Forging Presses market and looks at it to the present market patterns to give the checks a definite investigation of the direction of the market. A group topic specialists have given the subjective and quantitative information about the market and the different components related with it. Moreover, this report incorporates a precise serious investigation of significant market players and their systems during the projection course of events.
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., ,
Forging Presses Market competition by Top Countries manufacturers/ Key player Data Profiled:
SMS,Komatsu,Sumitomo,TMP,Schuler,Ajax,Aida,Kurimoto,Fagor Arrasate,Mitsubishi,Lasco,Ficep,First Heavy,Stamtec,Erie,Beckwood,Erzhong,J&H,Mecolpress,
And More……
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Forging Presses Market Segment by Type covers:
- Closed Die Forging
- Open Die Forging
- Extrusion Presses
- Other
Forging Presses Market Segment by Applications can be divided into:
- Automotive
- Hardware tools
- Engineering machinery
- Others
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There are only few major producer of forging presses in the world. And the major producer located in the EU and Japan, such as SMS group, Komatsu, Sumitomo, TMP and Schuler. These five companies occupied 56.30% market share., Global forging presses production was about 226 units in 2011, and this data reached to 242 units in 2015, will reach to 272 units in 2016. The average growth is about 3.92% from 2011 to 2016. EU was the largest production regions, occupied 39.57% share in 2015, followed by Japan, about 35.46%share., EU was the largest consumption region, occupied 33.47% market share in 2015, because economy development rapidly. In the next few years, this industry will keep 5.25% annual growth rate, and the production will reach to 351 units in 2021., Despite the presence of competition problems, the global recovery trend is clear, forging presses retains its advantage in fastener and shaped pieces produce, investors are still optimistic about this area; the future will still have more new investment enter the field. Although sales of forging presses brought a lot of opportunity, the study group recommends the new entrants just having money but without technical advantage and downstream support do not to enter into the forging presses field., The worldwide market for Forging Presses is expected to grow at a CAGR of roughly 1.5% over the next five years, will reach 1980 million US$ in 2024, from 1810 million US$ in 2019, according to a new GIR (Global Info Research) study.This report focuses on the Forging Presses in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.,
Regional analysis covers:
- North America (USA, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Columbia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
The report provides an in-depth knowledge of the Global Forging Presses market scenario:
- Market Overview
- Market Analysis by Regions
- Market Dynamics & Companies Profiles, Business Overview
- Data Source
- Research Findings and Conclusion
- Market trends & developments
- Company profiles of leading companies
The next part also sheds light on the gap between supply and consumption. Apart from the mentioned information, growth rate of Forging Presses market in 2025 is also explained. Additionally, type wise and application wise consumption tables and figures of Forging Presses market are also given.
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