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.
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.

According to this study, over the next five years the Hot Forging Press market will register a xx% CAGR in terms of revenue, the global market size will reach USD 1230 million by 2024, from USD 1230 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Hot Forging Press business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Hot Forging Press market by product type, application, key manufacturers and key regions and countries.

This study considers the Hot Forging Press value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
< 10000 KN
10000-100000 KN
> 100000 KN
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Automotive Industry
Hardware Tools
Engineering Machinery
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
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

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Hot Forging Press consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Hot Forging Press market by identifying its various subsegments.
Focuses on the key global Hot Forging Press manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Hot Forging Press with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Hot Forging Press submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.