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Press Forging Machine Market Report 2024: Trend Analysis and Future Prospects

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.
Published 07 May 2024

    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.

    The global market for Press Forging Machine was estimated to be worth US$ 8769 million in 2023 and is forecast to a readjusted size of US$ 11290 million by 2030 with a CAGR of 3.6% during the forecast period 2024-2030

    Global Forging Presses key players include Schuler, Komatsu, Aida, JIER, Yangli Group, etc. Global top five players hold a share about 30%.

    China is the largest market, with a share about 60%, followed by Japan and South Korea, having a total share about 15 percent.

    In terms of product, Mechanical is the largest segment, with a share about 75%. And in terms of application, the largest application is Automotive, followed by Hardware Tools, General Machine, Home Appliances, etc.

Global Leading Market Research Publisher QYResearch announces the release of its latest report “Press Forging Machine - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”. Based on current situation and impact historical analysis (2019-2023) and forecast calculations (2024-2030), this report provides a comprehensive analysis of the global Press Forging Machine market, including market size, share, demand, industry development status, and forecasts for the next few years.

The report provides advanced statistics and information on global market conditions and studies the strategic patterns adopted by renowned players across the globe. As the market is constantly changing, the report explores competition, supply and demand trends, as well as the key factors that contribute to its changing demands across many markets.

This information will help stakeholders make informed decisions and develop effective strategies for growth. The report's analysis of the restraints in the market is crucial for strategic planning as it helps stakeholders understand the challenges that could hinder growth. This information will enable stakeholders to devise effective strategies to overcome these challenges and capitalize on the opportunities presented by the growing market. Furthermore, the report incorporates the opinions of market experts to provide valuable insights into the market's dynamics. This information will help stakeholders gain a better understanding of the market and make informed decisions.

【Get a free sample PDF of this report (Including Full TOC, List of Tables & Figures, Chart)】

Global Press Forging Machine Market: Driven factors and Restrictions factors

The research report encompasses a comprehensive analysis of the factors that affect the growth of the market. It includes an evaluation of trends, restraints, and drivers that influence the market positively or negatively. The report also outlines the potential impact of different segments and applications on the market in the future. The information presented is based on historical milestones and current trends, providing a detailed analysis of the production volume for each type from 2019 to 2030, as well as the production volume by region during the same period.

The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.

The Press Forging Machine market is segmented as below:

By Company

    SMS (DE)

    Komatsu (JP)

    Sumitomo (JP)

    TMP (RU)

    Schuler (DE)

    Ajax (US)

    Aida (JP)

    Kurimoto (JP)

    Fagor Arrasate (ES)

    Mitsubishi (JP)

    Lasco (DE)

    Ficep (IT)

    First Heavy (CN)

    Stamtec (US)

    Erie (US)

    Beckwood (US)

    Erzhong (CN)

    J&H (KR)

    Mecolpress (IT)

Segment by Type

    Closed Die Forging

    Open Die Forging



Segment by Application


    Hardware Tools

    Engineering Machinery


Each chapter of the report provides detailed information for readers to further understand the Press Forging Machine market:

Chapter 1: Press Forging Machine Market Product Definition, Product Types, Sales Volume and Revenue analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2019 to 2024.

Chapter 2: Manufacturer Competition Status, including Sales and Revenue comparison, Manufacturers’ commercial date of Household Hazardous Waste Disposal, product type offered by each manufacturer, Mergers & Acquisitions activities, Expansion activities occurred in the Press Forging Machine industry.

Chapter 3: Press Forging Machine Market Historical (2019-2023) and forecast (2024-2030) sales and revenue analysis of Press Forging Machine in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.

Chapter 4: Press Forging Machine Product Application, Volume and Revenue analysis of Each Application in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2019 to 2024.

Chapter 5 to 9: Press Forging Machine Country Level analysis of North America, Europe, Asia-Pacific, Latin America, Middle East and Africa, including volume and revenue analysis.

Chapter 10: Manufacturers’ Outline, covering company’s basic information like headquarter, contact information, major business, Press Forging Machine introduction, etc. Press Forging Machine Sales, Revenue, Price and Gross Margin of each company as well as Recent Development are also contained in this part.

Chapter 11: Industry Chain, including raw materials, manufacturing cost, are covered. In addition, market opportunities and challenges are emphasized as well in the chapter.

Chapter 12: Market Channel, Distributors and Customers are listed.

Chapter 13: QYResearch’s Conclusions of Press Forging Machine market based on comprehensive survey.

Chapter 14: Methodology and Data Sources.

Table of Contents

1 Press Forging Machine Market Overview

1.1Press Forging Machine Product Overview

1.2 Press Forging Machine Market by Type

1.3 Global Press Forging Machine Market Size by Type

1.3.1 Global Press Forging Machine Market Size Overview by Type (2019-2030)

1.3.2 Global Press Forging Machine Historic Market Size Review by Type (2019-2024)

1.3.3 Global Press Forging Machine Forecasted Market Size by Type (2025-2030)

1.4 Key Regions Market Size by Type

1.4.1 North America Press Forging Machine Sales Breakdown by Type (2019-2024)

1.4.2 Europe Press Forging Machine Sales Breakdown by Type (2019-2024)

1.4.3 Asia-Pacific Press Forging Machine Sales Breakdown by Type (2019-2024)

1.4.4 Latin America Press Forging Machine Sales Breakdown by Type (2019-2024)

1.4.5 Middle East and Africa Press Forging Machine Sales Breakdown by Type (2019-2024)

2 Press Forging Machine Market Competition by Company

2.1 Global Top Players by Press Forging Machine Sales (2019-2024)

2.2 Global Top Players by Press Forging Machine Revenue (2019-2024)

2.3 Global Top Players by Press Forging Machine Price (2019-2024)

2.4 Global Top Manufacturers Press Forging Machine Manufacturing Base Distribution, Sales Area, Product Type 

2.5 Press Forging Machine Market Competitive Situation and Trends

2.5.1 Press Forging Machine Market Concentration Rate (2019-2024)

2.5.2 Global 5 and 10 Largest Manufacturers by Press Forging Machine Sales and Revenue in 2023

2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Press Forging Machine as of 2023)

2.7 Date of Key Manufacturers Enter into Press Forging Machine Market

2.8 Key Manufacturers Press Forging Machine Product Offered

2.9 Mergers & Acquisitions, Expansion  


Overall, this report strives to provide you with the insights and information you need to make informed business decisions and stay ahead of the competition.

To contact us and get this report:

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QYResearch founded in California, USA in 2007, which is a leading global market research and consulting company. Our primary business include market research reports, custom reports, commissioned research, IPO consultancy, business plans, etc. With over 16 years of experience and a dedicated research team, we are well placed to provide useful information and data for your business, and we have established offices in 7 countries (include United States, Germany, Switzerland, Japan, Korea, China and India) and business partners in over 30 countries. We have provided industrial information services to more than 60,000 companies in over the world.

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