CAGR Value :
The global forging presses market was valued at USD 8.66 billion in 2024 and is projected to reach USD 11.57 billion by 2032, exhibiting a CAGR of 4.3% during the forecast period.
Report Studies :
Forging is the operation where the metal is heated and then a force is applied to manipulate the metal in such a way that the required final shape is obtained. Forging is generally a hot working process though cold forging is used sometimes.
By Types :
Mechanical
By Applications :
Automotive
Hardware Tools
General Machine
Home Appliances • Others
Key Industry Players
• Schuler AG
• Komatsu Ltd.
• Aida Engineering, Ltd.
• JIER Machine Tool Group
• Yangli Group
• Sumitomo Heavy Industries, Ltd.
• SMS Group GmbH
• Siempelkamp
• Fagor Arrasate S.Coop.
• Mitsubishi Heavy Industries, Ltd.
• Lasco Umformtechnik GmbH
• Kurimoto, Ltd.
• Isgec Heavy Engineering Ltd.
• Chin Fong Machine Industrial Co., Ltd.
• BRUDERER AG