Albany, NY -- (SBWire) -- 04/26/2019 --ResearchMoz include new market research report "Global Forging Presses Market Insights, Forecast to 2025" to its huge collection of research reports.
This report researches the worldwide Forging Presses market size (value, capacity, production and consumption) in key regions like United States, Europe, China, Japan and other regions. This study categorizes the global Forging Presses breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Global Forging Presses market size will increase to 2050 Million US$ by 2025, from 1810 Million US$ in 2017, at a CAGR of 1.6% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Forging Presses.
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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.
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.
This report focuses on the top manufacturers' Forging Presses capacity, production, value, price and market share of Forging Presses in global market. The following manufacturers are covered in this report:
SMS
Komatsu
Sumitomo
TMP
Schuler
Ajax
Aida
Kurimoto
Fagor Arrasate
Mitsubishi
Lasco
Ficep
First Heavy
Stamtec
Erie
Beckwood
Erzhong
J&H
Mecolpress
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Forging Presses Breakdown Data by Type
Closed Die Forging
Open Die Forging
Extrusion Presses
Other
Forging Presses Breakdown Data by Application
Automotive
Hardware tools
Engineering machinery
Others
Forging Presses Production Breakdown Data by Region
United States
Europe
China
Japan
Other Regions
The study objectives are:
To analyze and research the global Forging Presses capacity, production, value, consumption, status and forecast;
To focus on the key Forging Presses manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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Global Forging Presses Market Is Expected to Demonstrate a CAGR of 1.6% by 2025: Komatsu, Sumitomo, TMP, Schuler