Mechanical Forging Press Machine Market
Mechanical Forging Press Machine Market Scope: Industry Analysis, Market Size, Growth, Trends Till
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Mechanical Forging Press Machine Market Size and Growth
The Mechanical Forging Press Machine market is experiencing robust growth, driven by increasing demand in automotive and aerospace industries. In 2023, the market size is estimated at approximately $2.5 billion, with a projected CAGR of 4.5% through 2028. Enhanced technology and rising industrial automation are key market influencers.
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Companies Covered
(Covid 19 Impact Covered)
◍ AIDA
◍ China National Erzhong Group
◍ ERIE Press Systems
◍ Fagor Arrasate
◍ Farinia Group
◍ Group Rhodes
◍ Komatsu
◍ Nidec Corporation
◍ Schuler Presses
◍ SHIEH YIH Machinery Industry
◍ Kurimoto
◍ STAMTEC
◍ SUTHERLAND PRESSES
◍ Worcester Presses
◍ SMS
◍ Ajax
◍ Sumitomo
The Mechanical Forging Press Machine Market features key players like AIDA, ERIE Press Systems, and Schuler Presses. These companies innovate and provide advanced forging technology, enhancing efficiency and productivity. Their diverse offerings drive market growth. Notable sales revenues include AIDA (~$500M) and Schuler Presses (~$600M).
◍ TMP
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Market Segmentation
By Application
By Product
◍ Less Than 10000 KN ◍ 10000-100000 KN ◍ More Than 100000 KN ◍ Automotive Industry ◍ Hardware Tools ◍ Engineering Machinery
◍ Others
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Market Growth
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$ X Billion USD
