Global Press Forging Machinery market cagr 13.0%

Press Forging Machinery Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

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Press Forging Machinery Market Size and Growth

The global Press Forging Machinery market is projected to reach a value of $5.6 billion by 2025, driven by the increasing demand for lightweight and highstrength components in industries such as automotive and aerospace. The market is expected to witness steady growth due to advancements in technology and expansion of manufacturing capabilities. Request Sample Report

Companies Covered (Covid 19 Impact Covered)

◍ SMS

◍ Komatsu

◍ Sumitomo

◍ TMP

◍ Schuler

◍ Ajax

◍ Aida

◍ Kurimoto

◍ Fagor Arrasate

◍ Mitsubishi

◍ Lasco

◍ Ficep

◍ First Heavy

◍ Stamtec

◍ Erie

◍ Beckwood

◍ Erzhong

◍ J&H

The Press Forging Machinery Market is highly competitive with key players including SMS, Komatsu, Sumitomo, TMP, Schuler, Ajax, Aida, Kurimoto, Fagor Arrasate, Mitsubishi, Lasco, Ficep, First Heavy, Stamtec, Erie, Beckwood, Erzhong, J&H, and Mecolpress. These companies utilize press forging machinery for various industrial applications, contributing to the growth of the market.

- Schuler: $1.29 billion in sales revenue

- SMS: $2.7 billion in sales revenue

- Sumitomo: $1.12 billion in sales revenue

Market Segmentation

By Application

◍ Automotive

◍ Hardware Tools

◍ Engineering Machinery

◍ Others

By Product

◍ Closed Die Forging

◍ Open Die Forging

◍ Extrusion

◍ Others

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