According to Cognitive Market Research, the global Cold Forging Presses market size was 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.
North America held the major market share for more than 40% of the 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.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 675.36 million.
Asia Pacific held a market share of around 23% of global revenue with a 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.
Latin America had a market share of more than 5% of global revenue with a market size of USD 112.56 million in 2024 and will rise at a compound annual growth rate (CAGR) of 4.4% from the year 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 45.02 million in 2024 and will rise at a compound annual growth rate (CAGR) of 4.7% from the year 2024 to 2031.
The aerospace category is the fastest growing segment of the Cold Forging Presses industry
