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.
Scope of the Report:
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.
Market Segment by Manufacturers, this report covers
SMS
Komatsu
Sumitomo
TMP
Schuler
Ajax
Aida
Kurimoto
Fagor Arrasate
Mitsubishi
Lasco
Ficep
First Heavy
Stamtec
Erie
Beckwood
Erzhong
J&H
Mecolpress
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Closed Die Forging
Open Die Forging
Extrusion Presses
Other
Market Segment by Applications, can be divided into
Automotive
Hardware tools
Engineering machinery
Others
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Forging Presses product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Forging Presses, with price, sales, revenue and global market share of Forging Presses in 2017 and 2018.
Chapter 3, the Forging Presses competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Forging Presses breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Forging Presses market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Forging Presses sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Summary:
Get latest Market Research Reports on Forging Presses . Industry analysis & Market Report on Forging Presses is a syndicated market report, published as Global Forging Presses Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024. It is complete Research Study and Industry Analysis of Forging Presses market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.