Radial forging is a process in which high forces are transferred via surface contact to change the diameter of a workpiece by deformation. In radial forging machines, the workpiece rotation is accomplished in an optimized, direct-controlled manner by an oscillating rotating drive of the manipulator.
This report contains market size and forecasts of Radial Forging Machines in global, including the following market information:
Global Radial Forging Machines Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Radial Forging Machines Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Radial Forging Machines companies in 2021 (%)
The global Radial Forging Machines market was valued at 189 million in 2021 and is projected to reach US$ 293.9 million by 2028, at a CAGR of 6.5% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Forging Force Less than 500ton Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Radial Forging Machines include GFM, SMS, Lansland, Taiyuan Tongze, HDMECH and Qingdao Hengjun, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Radial Forging Machines manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Radial Forging Machines Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Radial Forging Machines Market Segment Percentages, by Type, 2021 (%)
Forging Force Less than 500ton
Forging Force Between 500-1000ton
Forging Force More than 1000ton
Global Radial Forging Machines Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Radial Forging Machines Market Segment Percentages, by Application, 2021 (%)
Metal Processing
Automotive
Defense
Others
Global Radial Forging Machines Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Radial Forging Machines Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Radial Forging Machines revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Radial Forging Machines revenues share in global market, 2021 (%)
Key companies Radial Forging Machines sales in global market, 2017-2022 (Estimated), (Units)
Key companies Radial Forging Machines sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
GFM
SMS
Lansland
Taiyuan Tongze
HDMECH
Qingdao Hengjun