PUBLISHER: TechNavio | PRODUCT CODE: 2125957
PUBLISHER: TechNavio | PRODUCT CODE: 2125957
The global forging presses market is forecasted to grow by USD 342.5 mn during 2025-2030, accelerating at a CAGR of 3.3% during the forecast period. The report on the global 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 surging demand from aerospace and defense sectors, rapid expansion of electric vehicle manufacturing industry, increasing adoption of smart manufacturing and industrial automation.
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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2030 |
| Series Year | 2026-2030 |
| Growth Momentum | Accelerate |
| YOY 2026 | 3.2% |
| CAGR | 3.3% |
| Incremental Value | $342.5 mn |
Technavio's global forging presses market is segmented as below:
By Application
By Type
By Capacity
Geography
This study identifies the increasing adoption of isothermal and hot die forging processes as one of the prime reasons driving the global forging presses market growth during the next few years. Also, transition toward near net shape and precision forging techniques and advancements in multi station transfer press capabilities will lead to sizable demand in the market.
The report on the global forging presses market covers the following areas:
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 global forging presses market vendors that include AIDA ENGINEERING LTD, Chin Fong Machine Industrial Co., FAGOR ARRASATE, Forging Presses, Grewal Power Press, Haco NV, Hatebur Metalforming Equipment, HBE PRESS Co. Ltd., Hongda Press, Incredible Machines Pvt Ltd, Komatsu Ltd., Kurimoto Ltd., LASCO Umformtechnik GmbH, Mico Hydraulics, Praber Group, Qingduan Group, SANES PRESSES Co. Ltd., Schuler AG, Wuhan Newwish Technology Co. Ltd., Yangli Group Corp.. Also, the global 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 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 primary and secondary research. 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 accurate market growth.