Press Forging Machinery Market
Press Forging Machinery Market Size and Growth
The Press Forging Machinery market is experiencing steady growth, driven by increasing demand in automotive and aerospace sectors. The market size is projected to reach $XX billion by 2028, with a CAGR of XX%. Key trends include technological advancements and a shift towards automation, enhancing efficiency and product quality in manufacturing.
Companies Covered
(Covid 19 Impact Covered)
◍ SMS
◍ Komatsu
◍ Sumitomo
◍ TMP
◍ Schuler
◍ Ajax
◍ Aida
◍ Kurimoto
◍ Fagor Arrasate
◍ Mitsubishi
◍ Lasco
◍ Ficep
◍ First Heavy
◍ Stamtec
◍ Erie
◍ Beckwood
◍ Erzhong ◍ J&H
The Press Forging Machinery Market is competitive, with key players like SMS, Komatsu, and Schuler driving innovation and efficiency. These companies enhance production capabilities, improve automation, and cater to diverse industries, boosting market growth. Sales revenue varies widely; notable figures include SMS with €2.4 billion and Schuler with €1.2 billion.
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Market Segmentation
By Application
Automotive
Hardware Tools
Engineering Machinery ◍ Others
By Product
◍ Closed Die Forging
Open Die Forging
Extrusion
Others
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Market Growth
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$ X Billion USD
