Press release
Global Hot Forging Press Market 2019 – 2025 Analysis by Top Venders: SMS , Sumitomo, TMP
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.
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There are only few major producers of hot forging presses in the world. And the major producer located in the Europe and Japan, such as SMS, Sumitomo, TMP, Schuler and Fagor Arrasate. These five companies occupied 46.71% revenue market share in 2016.
Europe was the largest consumption region, occupied 24.01% market share in 2016, because economy development rapidly. In the next few years, this industry will keep 4.45% annual growth rate, and the production will reach to 394 units in 2022.
Despite the presence of competition problems, the global recovery trend is clear, hot 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 hot 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 following manufacturers are covered: SMS , Sumitomo, TMP, Schuler, Fagor Arrasate , Komatsu , Lasco, Kurimoto, First Heavy, Stamtec, Ajax , Mitsubishi, Erie, J&H, Qingdao Yiyou, Yandon, NHI, China National Erzhong Group,
The global Hot Forging Press market is valued at 1230 million US$ in 2018 is expected to reach 1230 million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
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Hot Forging Press market includes market size, segmentation data and geographical analysis of market growth trends, leading companies and microeconomic information.
Hot Forging Press Market Segmentation by Types:
< 10000 KN
10000-100000 KN
> 100000 KN,
Hot Forging Press Market Segmentation by Applications:
Automotive Industry
Hardware Tools
Engineering Machinery
Others,
Regions Covered in the Global Hot Forging Press Market:
The Middle East and Africa (GCC Countries and Egypt)
North America (the United States, Mexico, and Canada)
South America (Brazil etc.)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
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The report provides an in-depth analysis of the following –
Detailed Overview of Global Hot Forging Press market helps deliver clients and businesses making strategies.
It covers Hot Forging Press industry outlines, upstream and downstream Hot Forging Press market segments, cost analysis, and market utilizing power, market overview, product scope, product definition of Hot Forging Press market driving forces.
To provide detailed analysis, Market size and drivers during 2019 to 2025 including various segments and sub-segments of the Global Hot Forging Press Market
Analysis of the key markets in each region, providing an analysis of the key segments of the market that are expected to be in demand
The analysis of the competitive landscape of the global Hot Forging Press market. It provides an overview of key players, together with information regarding key alliances, strategic initiatives, and financial analysis
To provides Industrial Chain, Sourcing Strategy and Downstream Buyers, Marketing Strategy Analysis, Distributors/Traders and Market Effect Factors Analysis of Hot Forging Press market
The Hot Forging Press market report covers Volume, Revenue and Price Forecast 2019 to 2025
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