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Cold Heading Machine Market growing at a CAGR of 4.21%
cold heading machine market, cold heading machine market analysis, cold heading machine market data, cold heading machine market e
The global cold heading machinery market was estimated at USD 3,567.75 million in 2015 and is projected to reach USD 4383.81 million by 2020, growing at a CAGR of 4.21% during the forecast period 2015 to 2020. Cold heading is the process of forming the heads of rivets, wood screw blanks, machine screw blanks and similar products, by employing different techniques like upsetting, forward extrusion and backward extrusion along the lengths of the wire when it is cold. The equipment that enables this process is called a cold-header, where the wire is fed from a coil into the machine and in which it is cut off and headed.
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The cold heading machinery offer solutions to both the product manufacturing companies as well as suppliers. Based on the sectors served by the cold heading machines, the services/solutions offered can be categorized into four segments namely, automotive, aerospace & defense, electrical & appliances and industrial.
The automobile market accounted for more than 30% share of the global cold heading machinery market in 2015. This market is driven by numerous factors such as, growth in automotive industry and the rising demand for machine tools. However, this market faces certain drawbacks, including the slowdown in Chinese economy and setbacks in European machine tool manufacturing. These factors may act as roadblocks to the market.
Based on tooling, the market can be broadly segmented into Dies and Punches. Additionally, the report gives an overview of the technology of cold heading and its machinery. Machinery is classified into three categories based on its tooling configuration.
The market has been geographically segmented into North America, Asia-Pacific, Europe, Middle East & Africa and South America, with North America occupying the largest consumer base in the world for cold heading machines. Europe and APAC follow the list in the same order. The emerging economies in the countries of Asia-Pacific have made this market an area of immense potential and opportunities.
The market has more relevance today since the trends show that there is an immense growth in the usage of industrial products. Cold-headed machinery is specifically inclined towards manufacturers who are looking for reliable part production with economical savings.
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The major companies dominating this marker are Asahi Sunac Corporation, Carlo Salvi, Chun Yu Group (Chun Zu Machinery Ind. Co. Ltd.), Erdely, ESSEBI Srl, GFM, Harbin Rainbow Technology Co.,Ltd., Hatebur Umformmaschinen AG, Landee Woen Factory Co. Ltd., Manassero, Nakashimada Engineering Works Ltd, National Machinery LLC, NEDSCHROEF Machinery, Ningbo Sijin Machinery Co.,Ltd., Sacma Group, Sakamura USA Inc, Samrat Machine Tools, Seika Sangyo GmbH, SouthWind International, Tanisaka Iron Works, Ltd., Wrentham Tool Group LLC, Yeswin Group and Yixing JUFENG Machinery Co., Ltd.
The current trends in mergers and acquisitions indicate that the smaller companies are being acquired by the bigger organizations for higher innovations by utilizing their core competencies.
Key Deliverables in the Study
Market analysis with region specific assessments and competition analysis on regional scales
Market definition along with the identification of key drivers and restraints
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a regional scale
Extensively researched competitive landscape section with profiles of major companies along with their market shares
Identification and analysis of the macro and micro factors that affect the market on regional scales
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market
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