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Global Cold Forging Machines Market to reach USD XX million by 2028.

Global Cold Forging Machines Market Size study, By Product Type (2-Die Station Cold Forging Machines, 3-Die Station Cold Forging Machines, 4-Die Station Cold Forging Machines, 5-Die Station Cold Forging Machines, 6-Die Station Cold Forging Machines), By Process (Cold Forging by Hammers, Cold Forging by Press, Cold Forging Crank Type Mechanisms, Cold Forging Rotary Machines), By End Use (Cold Forging Machines for Automotive, Cold Forging Machines for Heavy Engineering, Cold Forging Machines for General Manufacturing, Cold Forging Machines for Construction, Cold Forging Machines for Aerospace), and Regional Forecasts 2022-2028

Product Code: OIRIA-49454818
Publish Date: 5-07-2022
Page: 200

Global Cold Forging Machines Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. The Cold Forging Machines can be defined as a hydraulic-powered machine used in cold forging processes. Cold forming refers to the forming or forging of a bulk material at room temperature without heating of the initial slug. It is utilized in different industries such as heavy industry, automotive, and aerospace among others. The growing automotive sector and increasing end use application of cold forging machines as well as recent strategic initiatives from leading market players are factors that are accelerating the global market demand. For instance, according to Statista – during 2021, the worldwide automotive manufacturing market was valued at USD 2700 billion. It is projected to grow to USD 2800 billion by end of 2022. Moreover, as per International Energy Agency (IEA) estimates – in 2019, globally around, 2.2 million electric cars were sold, and in 2020, electric car sales increased to 3 million and accounted for 4.1% of total car sales. Further, in 2021, electric car sales more than doubled and reached to a new high of 6.6 million, witnessed for around 9% of the global car market. Furthermore, leading market players are stressing towards new acquisitions to widen their product portfolio & geographical footprints. For instance, in annuary 2022, Mumbai, India based Balu Forge Industries Limited, acquired the Precision Machining unit of the Mercedes-Benz Truck Factory from Mannheim, Germany. The acquired machining unit would be installed in the new machining facilities of BFIL located Belgaum, Karnataka, India. Also, growing manufacturing sector in emerging markets as well as rapid industrialization in developing economies are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, a high cost associated with cold forging machines impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Cold Forging Machines Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing end use application of cold forging across different end use industries and presence of well-established aerospace manufacturing industry. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as rising automotive sector and rapid industrialization in the region, would create lucrative growth prospects for the global Cold Forging Machines Market across the Asia Pacific region.

Major market players included in this report are:
National Machinery
STAMTEC, INC.
Nedschroef Herentals
SIJIN INTELLIGENT FORMING MACHINERY CO. LTD.
Zhejiang Dongrui Machinery Industrial
Zhejiang Shengtuo Machinery Co., Ltd.
JYICHYNG.
ZHEJIANG YESWIN MACHINERY
Sacma
Hyodong Machine

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
2-Die Station Cold Forging Machines
3-Die Station Cold Forging Machines
4-Die Station Cold Forging Machines
5-Die Station Cold Forging Machines
6-Die Station Cold Forging Machines
By Process:
Cold Forging by Hammers
Cold Forging by Press
Cold Forging Crank Type Mechanisms
Cold Forging Rotary Machines
By End Use:
Cold Forging Machines for Automotive
Cold Forging Machines for Heavy Engineering
Cold Forging Machines for General Manufacturing
Cold Forging Machines for Construction
Cold Forging Machines for Aerospace
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Cold Forging Machines Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
1.2.1. Global Cold Forging Machines Market, by Region, 2020-2028 (USD Million)
1.2.2. Global Cold Forging Machines Market, by Product Type, 2020-2028 (USD Million)
1.2.3. Global Cold Forging Machines Market, by Process, 2020-2028 (USD Million)
1.2.4. Global Cold Forging Machines Market, by End Use, 2020-2028 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Cold Forging Machines Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Cold Forging Machines Market Dynamics
3.1. Cold Forging Machines Market Impact Analysis (2020-2028)
3.1.1. Market Drivers
3.1.1.1. Growing automotive sector.
3.1.1.2. Increasing end use application of cold forging machines.
3.1.1.3. Recent strategic initiatives from leading market players.
3.1.2. Market Challenges
3.1.2.1. High cost associated with cold forging machines.
3.1.3. Market Opportunities
3.1.3.1. Growing manufacturing sector in emerging markets
3.1.3.2. Rapid industrialization in developing economies.
Chapter 4. Global Cold Forging Machines Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Cold Forging Machines Market, by Product Type
6.1. Market Snapshot
6.2. Global Cold Forging Machines Market by Product Type, Performance – Potential Analysis
6.3. Global Cold Forging Machines Market Estimates & Forecasts by Product Type 2018-2028 (USD Million)
6.4. Cold Forging Machines Market, Sub Segment Analysis
6.4.1. 2-Die Station Cold Forging Machines
6.4.2. 3-Die Station Cold Forging Machines
6.4.3. 4-Die Station Cold Forging Machines
6.4.4. 5-Die Station Cold Forging Machines
6.4.5. 6-Die Station Cold Forging Machines
Chapter 7. Global Cold Forging Machines Market, by Process
7.1. Market Snapshot
7.2. Global Cold Forging Machines Market by Process, Performance – Potential Analysis
7.3. Global Cold Forging Machines Market Estimates & Forecasts by Process 2018-2028 (USD Million)
7.4. Cold Forging Machines Market, Sub Segment Analysis
7.4.1. Cold Forging by Hammers
7.4.2. Cold Forging by Press
7.4.3. Cold Forging Crank Type Mechanisms
7.4.4. Cold Forging Rotary Machines
Chapter 8. Global Cold Forging Machines Market, by End Use
8.1. Market Snapshot
8.2. Global Cold Forging Machines Market by End Use, Performance – Potential Analysis
8.3. Global Cold Forging Machines Market Estimates & Forecasts by End Use 2018-2028 (USD Million)
8.4. Cold Forging Machines Market, Sub Segment Analysis
8.4.1. Cold Forging Machines for Automotive
8.4.2. Cold Forging Machines for Heavy Engineering
8.4.3. Cold Forging Machines for General Manufacturing
8.4.4. Cold Forging Machines for Construction
8.4.5. Cold Forging Machines for Aerospace
Chapter 9. Global Cold Forging Machines Market, Regional Analysis
9.1. Cold Forging Machines Market, Regional Market Snapshot
9.2. North America Cold Forging Machines Market
9.2.1. U.S. Cold Forging Machines Market
9.2.1.1. Product Type estimates & forecasts, 2018-2028
9.2.1.2. Process estimates & forecasts, 2018-2028
9.2.1.3. End Use estimates & forecasts, 2018-2028
9.2.2. Canada Cold Forging Machines Market
9.3. Europe Cold Forging Machines Market Snapshot
9.3.1. U.K. Cold Forging Machines Market
9.3.2. Germany Cold Forging Machines Market
9.3.3. France Cold Forging Machines Market
9.3.4. Spain Cold Forging Machines Market
9.3.5. Italy Cold Forging Machines Market
9.3.6. Rest of Europe Cold Forging Machines Market
9.4. Asia-Pacific Cold Forging Machines Market Snapshot
9.4.1. China Cold Forging Machines Market
9.4.2. India Cold Forging Machines Market
9.4.3. Japan Cold Forging Machines Market
9.4.4. Australia Cold Forging Machines Market
9.4.5. South Korea Cold Forging Machines Market
9.4.6. Rest of Asia Pacific Cold Forging Machines Market
9.5. Latin America Cold Forging Machines Market Snapshot
9.5.1. Brazil Cold Forging Machines Market
9.5.2. Mexico Cold Forging Machines Market
9.6. Rest of The World Cold Forging Machines Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. National Machinery
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2. STAMTEC, INC.
10.2.3. Nedschroef Herentals
10.2.4. SIJIN INTELLIGENT FORMING MACHINERY CO. LTD.
10.2.5. Zhejiang Dongrui Machinery Industrial
10.2.6. Zhejiang Shengtuo Machinery Co., Ltd.
10.2.7. JYICHYNG.
10.2.8. ZHEJIANG YESWIN MACHINERY
10.2.9. Sacma
10.2.10. Hyodong Machine
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

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Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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