Global Hot Forming Press Market by Type (Tire-tread Hot Press, Hydraulic Hot Press, Others), By Application (Ship-building, Automotive, Aerospace, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

The Global Hot Forming Press Market size is projected to grow at a CAGR of 3.2% during the forecast period. The growth in this industry can be attributed to factors such as increased demand for metal components due to increasing automobile production and rising need for raw material efficiency owing to environmental concerns.

Hot Forming Press is a machine that can produce metal products through the hot forming process. Hot Forging Process include rolling, extrusion, and drawing of the workpiece to be formed on a die or mold. The material for this type of forging has been heated above its recrystallization temperature so that it becomes plastic enough to allow working by means of pressure from punches and/or dies without heating the mass excessively as would result in further degradation due to annealing. This procedure resembles cold-working processes such as roll bending etc., except that parts are not reduced in cross-section during deformation but rather maintain their initial size while being transformed into new shapes with completely different configurations. In the hot forming process, the temperature needs to be maintained between 550-650°C.

On the basis of Type, the global hot forming press market is segmented into tire-tread hot press, hydraulic hot press, and others.

Tire-Tread Hot Press:

A tire-tread hot press is a machine that shapes and forms metal while it is red hot. These presses can form any section of sheet material including both flat and curved pieces. This type of equipment is used in the manufacturing of tires, transmissions, cylinder heads for engines as well as many other parts requiring high strength or precision machining capabilities. It uses anvils to shape the heated metal which is placed between two rolls with grooves on their surfaces known as dies where temperature control systems help get rid of heat from the plate during this process through water cooling channels built into these components.

Hydraulic Hot Press:

The hydraulic hot press is an automated system that uses high pressure on the material to be molded. It can hold multiple parts in one mold, work with larger or smaller molds and make several materials at once. A hydraulic hot press is one of the most advanced types of forming presses. It uses high oil pressure to generate force, rather than using a mechanical ram. This means that it doesn’t need any special foundation or bedding work - just install and use! In addition, they are also more efficient in terms of power usage when compared to other presses.

On the basis of Application, the global hot forming press market is segmented into ship-building, automotive, aerospace, and others.

Ship-Building:

The hot forming press is mainly used in the shipbuilding industry to form large-sized components like hull panels for ships (and submarines), propellors, etc., which are made up of steel plates either by single or multiple stages of dies depending upon the material strength & thickness.

The applications of a hot forming press in the shipbuilding industry are for providing heat to a steel plate so that it can be shaped into various components. These presses have low tonnages and run at high speeds which allow them to have tight control on part dimensions, quality, and cycle times while maximizing production rates. In addition, these also provide excellent repeatability with minimal dimensional variations from one product to another.

Automobile:

The automotive industry is one of the largest consumers of hot forming presses which are used in various processes like stamping, welding, and assembly. The major applications include sheet metal parts for body-in-white (BIW) structure, interior components like door panels, exterior components like front fenders and supporting brackets, etc. Hotpress can also be employed to manufacture fuel tanks by building up thin sheets on its platen either manually or automatically via robots.

These presses also find their application in the automobile sector where they are generally known as “hydraulic power hammers”. The hot forging process helps to shape materials with less deformation while retaining its properties such as hardness without any impact on mechanical properties. It requires high initial energy input over a short time period during the die closing stage i.e. when maximum force/pressure is applied before allowing cooling /shrinkage /recovery to occur.

Aerospace:

Hot forming presses are widely used in the aerospace industry. These machines are able to produce parts with high strength and accuracy, which is very important for space vehicles or aircraft. They can also be utilized by making use of different materials such as aluminum alloy, titanium alloy, etc., depending on the specific requirement of a product design. The hot press machine has significant application in both commercial and military aviation sectors due to its ability to manufacture complex shapes while maintaining an optimum quality level that ensures safety standards during operation.

On the basis of Region, the global hot forming press market is segmented into Latin America, North America, Europe, and Asia-Pacific. In 2018, the Latin American region is expected to contribute the highest CAGR in the global hot forming press market due to increasing demand for automobiles & shipbuilding industry from countries such as Brazil & Mexico. The growth of this regional market can be attributed to the high expenditure incurred on infrastructure development by governments of Latin American countries.

The market status of the hot forming press in North America is very positive. The growing automotive industry and ship-building sector are driving this market. The market for hot forming presses has been witnessing high demand in Europe owing to several factors including rising production facilities and increasing applications across various end-use sectors such as the automotive industry, shipbuilding sector, etc. As of 2018, Asia-Pacific has the largest market share in the global hot forming press. The demand is increasing due to growth in automobile and shipbuilding industries which are major consumers of hot pressing machinery.

Growth Factors For The Global Hot Forming Press Market:

The key factor driving the growth of the global hot forming press market is the increasing demand from end-use industries such as automotive, shipbuilding, and aerospace. Hot presses ensure a better quality of products with minimal defects and low cost of production due to less wastage in comparison to cold working processes. Moreover, factors such as rapid industrialization that leads to a high rate of labor costs & shortage; growing preference for automation solutions across various industry verticals are propelling this market’s demand globally.

Up Market Research published a new report titled “Hot Forming Press Market research report which is segmented by Types (Tire-tread Hot Press, Hydraulic Hot Press, Others), By Applications (Ship-building, Automotive, Aerospace, Others), By Players/Companies Aries Alliance, ERIE Press Systems, Beckwood Press, Group Rhodes, Lexson, Techniform, CMFe, Accudyne Engineering & Equipment, Lien Chieh Machinery, ANDRITZ(Schuler), Isgec Heavy Engineering”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Hot Forming Press Market Report Segments:

The market is segmented by Type Tire-tread Hot Press, Hydraulic Hot Press, Others and By Application Ship-building, Automotive, Aerospace, Others.

Some of the companies that are profiled in this report are:

1. Aries Alliance
2. ERIE Press Systems
3. Beckwood Press
4. Group Rhodes
5. Lexson
6. Techniform
7. CMFe
8. Accudyne Engineering & Equipment
9. Lien Chieh Machinery
10. ANDRITZ(Schuler)
11. Isgec Heavy Engineering

Hot Forming Press Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Hot Forming Press Market

Overview of the regional outlook of the Hot Forming Press Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Hot Forming Press Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Hot Forming Press Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.
6. By Type:

                1. Tire-tread Hot Press

                2. Hydraulic Hot Press

                3. Others

                1. Ship-building

                2. Automotive

                3. Aerospace

                4. Others

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Hot Forming Press Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

How you may use our products:

• Correctly Positioning New Products
• Market Entry Strategies
• Business Expansion Strategies
• Consumer Insights
• Understanding Competition Scenario
• Product & Brand Management
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• Identifying Appropriate Advertising Appeals

Reasons to Purchase the Hot Forming Press Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.