Global Cold Forging Presses
Market Report
2025
The global Cold Forging Presses market size will be USD 2251.2 million in 2024. Rising demand for lightweight, high-strength components in automotive and aerospace industries is expected to boost sales to USD 3167.66 million by 2031, with a Compound Annual Growth Rate (CAGR) of 5.00% from the year 2024 to 2031.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Cold Forging Presses market size will be USD 2251.2 million in 2024. It will rise at the compound annual growth rate (CAGR) of 5.00% from the year 2024 to 2031.
2021 | 2025 | 2033 | CAGR | |
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Global Cold Forging Presses Market Sales Revenue | 121212 | 121212 | 121212 | 5% |
North America Cold Forging Presses Market Sales Revenue | 121212 | 121212 | 121212 | 3.2% |
United States Cold Forging Presses Market Sales Revenue | 121212 | 121212 | 121212 | 3% |
Canada Cold Forging Presses Market Sales Revenue | 121212 | 121212 | 121212 | 4% |
Mexico Cold Forging Presses Market Sales Revenue | 121212 | 121212 | 121212 | 3.7% |
Europe Cold Forging Presses Market Sales Revenue | 121212 | 121212 | 121212 | 3.5% |
United Kingdom Cold Forging Presses Market Sales Revenue | 121212 | 121212 | 121212 | 4.3% |
France Cold Forging Presses Market Sales Revenue | 121212 | 121212 | 121212 | 2.7% |
Germany Cold Forging Presses Market Sales Revenue | 121212 | 121212 | 121212 | 3.7% |
Italy Cold Forging Presses Market Sales Revenue | 121212 | 121212 | 121212 | 2.9% |
Russia Cold Forging Presses Market Sales Revenue | 121212 | 121212 | 121212 | 2.5% |
Spain Cold Forging Presses Market Sales Revenue | 121212 | 121212 | 121212 | 2.6% |
Rest of Europe Cold Forging Presses Market Sales Revenue | 121212 | 121212 | 121212 | 2.2% |
Asia Pacific Cold Forging Presses Market Sales Revenue | 121212 | 121212 | 121212 | 7% |
China Cold Forging Presses Market Sales Revenue | 121212 | 121212 | 121212 | 6.5% |
Japan Cold Forging Presses Market Sales Revenue | 121212 | 121212 | 121212 | 5.5% |
India Cold Forging Presses Market Sales Revenue | 121212 | 121212 | 121212 | 8.8% |
South Korea Cold Forging Presses Market Sales Revenue | 121212 | 121212 | 121212 | 6.1% |
Australia Cold Forging Presses Market Sales Revenue | 121212 | 121212 | 121212 | 6.7% |
Rest of APAC Cold Forging Presses Market Sales Revenue | 121212 | 121212 | 121212 | 6.8% |
South America Cold Forging Presses Market Sales Revenue | 121212 | 121212 | 121212 | 4.4% |
Brazil Cold Forging Presses Market Sales Revenue | 121212 | 121212 | 121212 | 5% |
Argentina Cold Forging Presses Market Sales Revenue | 121212 | 121212 | 121212 | 5.3% |
Colombia Cold Forging Presses Market Sales Revenue | 121212 | 121212 | 121212 | 4.2% |
Peru Cold Forging Presses Market Sales Revenue | 121212 | 121212 | 121212 | 4.6% |
Chile Cold Forging Presses Market Sales Revenue | 121212 | 121212 | 121212 | 4.7% |
Rest of South America Cold Forging Presses Market Sales Revenue | 121212 | 121212 | 121212 | 3.5% |
Middle East Cold Forging Presses Market Sales Revenue | 121212 | 121212 | 121212 | 4.7% |
Egypt Cold Forging Presses Market Sales Revenue | 121212 | 121212 | 121212 | 5% |
Turkey Cold Forging Presses Market Sales Revenue | 121212 | 121212 | 121212 | 4.2% |
Rest of Middle East Cold Forging Presses Market Sales Revenue | 121212 | 121212 | 121212 | 3.7% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
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Market Split by Application |
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Market Split by Process |
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Market Split by End-user |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Market Drivers:
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Market Restrains:
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Market Trends:
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Report scope is customizable as we have a huge database of Cold Forging Presses industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Cold Forging Presses Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Cold forging presses are machines that shape metal parts at room temperature through high-pressure compression, enhancing precision and material strength. The Cold Forging Presses Market involves machinery used to shape metal parts at room temperature, offering accuracy and efficiency in the manufacturing of complex components. These presses are crucial in automotive, aerospace, and industrial applications owing to their ability to produce high-strength parts with minimal material waste. The market is fuelled by the advancements in technology, increased demand for lightweight components, and the need for cost-effective manufacturing solutions. Key factors influencing growth include the rising adoption of cold forging in various industries and the focus on enhancing product durability and performance. As industries continue to prioritize sustainability and efficiency, the cold forging presses market is expected to expand, supported by ongoing innovations and the growing trend toward automation in manufacturing processes.
The market for cold forging presses is significantly driven by technological advancements in machinery and process optimization. Modern cold forging presses are equipped with advanced automation, precision controls, and data analytics capabilities, leading to enhanced efficiency and accuracy in the forging process. Innovations such as adaptive controls and real-time monitoring systems allow for precise adjustment of forging parameters, reducing material waste and improving product consistency. Additionally, the integration of Industry 4.0 technologies, including the Internet of Things (IoT) and artificial intelligence (AI), enables predictive maintenance and process optimization. These technological advancements help manufacturers achieve higher production rates, reduce operational costs, and enhance the overall quality of forged components, thereby driving the growth of the cold forging presses market.
The increasing demand for cold forging presses is largely driven by the growing needs of the automotive and aerospace industries. Both sectors require high-strength, lightweight, and precisely engineered components, which are effectively produced using cold forging technology. In the automotive industry, there is a rising emphasis on fuel efficiency and safety, leading to a demand for high-performance parts such as gears, shafts, and connecting rods that are best manufactured through cold forging. Similarly, the aerospace sector's focus on reducing weight and increasing the durability of components further fuels the demand for cold forging presses. The continuous innovation in vehicle design and aerospace engineering necessitates advanced forging solutions, driving market growth as manufacturers seek to meet these evolving industry requirements.
Cold forging presses are complex and expensive equipment that can pose a significant barrier to entry for small and medium-sized enterprises (SMEs). The substantial upfront costs not only include the purchase of the press itself but also the installation, training, and maintenance expenses. This high capital requirement can limit the market's growth by restricting the number of potential buyers and slowing the adoption rate, especially in developing regions where financial resources may be more constrained. Additionally, the high cost can lead to extended payback periods, making it less attractive for companies with tight budgets or uncertain returns on investment. Consequently, this factor can hinder the overall expansion of the cold forging presses market.
The Covid-19 pandemic significantly impacted the Cold Forging Presses market by disrupting supply chains and causing a decline in production and demand. Lockdowns and restrictions halted manufacturing operations and delayed shipments, leading to a temporary decrease in market growth. The automotive and aerospace sectors, major consumers of cold forging presses, experienced reduced activity, affecting overall demand. However, as industries adapted and recovery began, there was a gradual rebound driven by increased automation and technological advancements. The market saw renewed growth as industries ramped up production to meet post-pandemic demand. In summary, while the pandemic initially disrupted the market, it ultimately spurred innovation and recovery in the cold forging presses sector.
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The Cold Forging Presses market is competitive, with key players competing on technology advancements, production efficiency, and customer service. Innovations such as automation, energy efficiency, and smart technologies are pivotal in maintaining a competitive edge. The market also sees competition from regional players and new entrants focusing on niche applications and cost-effective solutions.
Top Companies Market Share in Cold Forging Presses Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America currently dominates the Cold Forging Presses market, and the region is expected to have significant growth during the projected period due to its advanced manufacturing infrastructure, high demand from automotive and aerospace industries, and a strong focus on technological innovation. The region benefits from substantial investments in research and development, driving growth and maintaining a leading position in the global market.
Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR) due to rapid industrialization, expanding automotive and manufacturing sectors, and increasing investments in infrastructure. The region’s growing demand for high-precision components drives significant adoption of advanced cold forging technologies.
The current report Scope analyzes Cold Forging Presses Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, the global Cold Forging Presses market size was estimated at USD 2251.2 Million, out of which North America held the major market share of more than 40% of global revenue with a market size of USD 900.48 million in 2024 and will rise at the compound annual growth rate (CAGR) of 3.2% from the year 2024 to 2031.
According to Cognitive Market Research, the global Cold Forging Presses market size was estimated at USD 2251.2 Million, out of which Europe held the market share of more than 30% of global revenue with the market size of USD 899.6 million in 2024 and will rise at the compound annual growth rate (CAGR) of 3.5% from the year 2024 to 2031.
According to Cognitive Market Research, the global Cold Forging Presses market size was estimated at USD 2251.2 Million, out of which Asia Pacific held the market share of around 23% of global revenue with the market size of USD 517.78 million in 2024 and will rise at the compound annual growth rate (CAGR) of 7.0% from the year 2024 to 2031.
According to Cognitive Market Research, the global Cold Forging Presses market size was estimated at USD 2251.2 Million, out of which Latin America held the market share of around 5% of global revenue with the market size of USD 112.56 million in 2024 and will rise at the compound annual growth rate (CAGR) of 4.4% from the year 2024 to 2031.
According to Cognitive Market Research, the global Cold Forging Presses market size was estimated at USD 2251.2 Million, out of which the Middle East and Africa held the major market share of around 2% of global revenue with a market size of USD 45.02 million in the year 2024 and will rise at a compound annual growth rate (CAGR) of 4.7% from the year 2024 to 2031..
Global Cold Forging Presses Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Cold Forging Presses Industry growth. Cold Forging Presses market has been segmented with the help of its Type, Application Process, and others. Cold Forging Presses market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
How are Segments Performing in the Global Cold Forging Presses Market?
According to Cognitive Market Research, hydraulic presses are likely to dominate the Cold Forging Presses Market over the forecast period due to their versatility and ability to handle complex shapes and high-pressure operations. They offer precise control over force and speed, which is essential for high-quality forging. Their adaptability to various materials and processes further enhances their market dominance.
The screw presses are the fastest-growing segment in the Cold Forging Presses Market due to their precision, flexibility, and efficiency in handling complex and high-strength materials. Their ability to produce high-quality forgings with minimal material waste and their adaptability to various applications drive their rapid growth.
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According to Cognitive Market Research, the hardware tools segment holds the largest share of the market due to their broad use in manufacturing processes. They are essential for producing high-precision components, enhancing productivity, and ensuring durability in various applications. Their versatility and critical role in industrial operations contribute significantly to their market dominance.
In the Cold Forging Presses Market, the engineering machinery sector has been expanding at a rapid pace due to rising demand for precision components and automation in industries like automotive and aerospace. Innovations in technology and increasing production capabilities drive the expansion, addressing the need for high-efficiency and high-performance machinery.
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According to Cognitive Market Research, the closed die forging segment holds the largest market share due to its ability to produce complex, high-strength components with precise tolerances. This method enhances material properties and reduces waste, making it apt for industries like automotive and aerospace, where high performance and reliability are crucial.
In the Cold Forging Presses market, the rapidly growing sector is the open die forging category due to its ability to produce large, strong components with superior mechanical properties. Its flexibility in handling diverse materials, including alloys and metals, and its application in key industries like aerospace and automotive drive this growth.
According to Cognitive Market Research, the automotive segment dominates the market due to its hightened demand for lightweight, durable components. Cold forging is widely used in producing critical parts like gears, shafts, and fasteners, supporting vehicle performance, fuel efficiency, and safety, driving significant market demand in this sector.
Aerospace is projected to be the fastest-growing segment in the Cold Forging Presses market due to increasing demand for lightweight, durable components. Cold forging enables precision manufacturing of high-strength parts, essential for aircraft efficiency and safety. As aerospace innovation accelerates, the need for advanced forging solutions continues to expand.
Research Associate at Cognitive Market Research
I am Aarti Bagekari, worked as a research associate with strong passion for transforming complex information into strategic insights. My strong analytical skills, coupled with a deep understanding of market dynamics and consumer behavior, empower me to identify hidden opportunities and proactively mitigate risks for clients. As a part of team, I possess a skills in data analysis, segmentation, competitive landscape.
I am Aarti Bagekari, worked as a research associate with strong passion for transforming complex information into strategic insights. My strong analytical skills, coupled with a deep understanding of market dynamics and consumer behavior, empower me to identify hidden opportunities and proactively mitigate risks for clients. As a part of team, I possess a skills in data analysis, segmentation, competitive landscape.
Conclusion
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Hydraulic, Mechanical, Pneumatic, Screw press, Others |
Application | Automotive Parts, Hardware Tools, Engineering Machinery, Others |
Process | Closed Die Forging, Open Die Forging, Extrusion Presses, Other |
End-user | Automotive, Aerospace, Military, Electronics, Construction, Others |
List of Competitors | Mauser Group BV, 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, Ningbo Sijin Machinery, Wuxi Zhengyao Machinery, Hatebura, Jern Yao |
This chapter will help you gain GLOBAL Market Analysis of Cold Forging Presses. Further deep in this chapter, you will be able to review Global Cold Forging Presses Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Cold Forging Presses. Further deep in this chapter, you will be able to review North America Cold Forging Presses Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Cold Forging Presses. Further deep in this chapter, you will be able to review Europe Cold Forging Presses Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Cold Forging Presses. Further deep in this chapter, you will be able to review Asia Pacific Cold Forging Presses Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Cold Forging Presses. Further deep in this chapter, you will be able to review South America Cold Forging Presses Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Cold Forging Presses. Further deep in this chapter, you will be able to review Middle East Cold Forging Presses Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Cold Forging Presses. Further deep in this chapter, you will be able to review Middle East Cold Forging Presses Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Cold Forging Presses. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
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Chapter 11 Market Split by Application Analysis 2021 - 2033
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Chapter 12 Market Split by Process Analysis 2021 - 2033
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Chapter 13 Market Split by End-user Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Cold Forging Presses market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 15 Research Methodology and Sources
Why Hydraulic have a significant impact on Cold Forging Presses market? |
What are the key factors affecting the Hydraulic and Mechanical of Cold Forging Presses Market? |
What is the CAGR/Growth Rate of Automotive Parts during the forecast period? |
By type, which segment accounted for largest share of the global Cold Forging Presses Market? |
Which region is expected to dominate the global Cold Forging Presses Market within the forecast period? |
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