Cold Heading Machine Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | > 4.50 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Cold Heading Machine Market Analysis
The cold heading machine market is projected to register a CAGR of greater than 4.5% during the forecast period.
The COVID-19 outbreak negatively impacted the market in 2020. However, the market is estimated to achieve the pre-pandemic levels of growth by the end of 2022.
- Robust growth registered by the construction industry is the major factor driving the market's growth.
- However, lack of awareness regarding the usage of cold heading machines is one of the major factors restraining the market's growth.
- The increasing adoption of cold heading machines in the Asia-Pacific region is likely to act as an opportunity for the market during the forecast period.
- The North American region dominated the market, with increasing usage of cold heading machines in automotive, construction, and aerospace industries.
Cold Heading Machine Market Trends
This section covers the major market trends shaping the Cold Heading Machine Market according to our research experts:
Electrical Industry to Witness the Highest Growth
- In recent years, the electrical industry in developing countries increased at a significant rate.
- The appliance industry benefits through cold heading machinery by manufacturing gears and fasteners for assembly.
- Cold heading avoids porosity, segregation, large inclusions, and other cast part defects, making cold heading parts highly unlikely to leak under high pressures. Thus, this factor makes cold heading a perfect choice for a few high-pressure and hydraulic components, like rod ends and ports for 3,000 psi cylinders, which may be replaced with bar stocks that are leakage-proof.
- The electrical industry uses cold heading machinery for manufacturing cold-headed electrical contact rivets. The most popular ones are solid and bi-metallic. On special occasions, electrical appliances also require custom cold-headed parts such as rivets and fasteners.
- Thus, the above-mentioned factors are expected to drive the demand for cold heading manufactured materials, which may increase the demand for cold heading machines in electrical applications. Therefore, the segment is expected to witness the highest growth in the future.
Asia-Pacific is Expected to Dominate the Market
- Asia-Pacific dominated the overall market with a share of more than 55%. The market's growth is expected to be driven by the growing end-user industries, such as automotive, construction, electronics, and aerospace.
- Increasing demand for cold heading machines from construction and electronics sectors in countries, such as India and China, is the key driving factor for the Asia-Pacific market.
- The production of heavy equipment and machinery in China is also growing moderately. High-end manufacturing control machinery and robotics are one of the 10 priority sectors of the Made in China 2025 policy. This policy aims to improve the quality of Chinese robotics and automation.
- Hence, based on the above-mentioned factors, Asia-Pacific is expected to dominate the overall market.
Cold Heading Machine Industry Overview
The cold heading machine market is fragmented, with several players accounting for insignificant market shares. Some of the noticeable market players (in no particular order) include Chun Yu Group (Chun Zu Machinery Ind. Co. Ltd), GFM, Wrentham Tool Group LLC, Sakamura USA Inc., and Hatebur Umformmaschinen AG.
Cold Heading Machine Market Leaders
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GFM
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Wrentham Tool Group LLC
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Sakamura USA Inc.
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Hatebur Umformmaschinen AG
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Chun Yu Group (Chun Zu Machinery Ind. Co. Ltd)
*Disclaimer: Major Players sorted in no particular order
Cold Heading Machine Market News
- Recent developments pertaining to the major players in the market are covered in the complete report.
Cold Heading Machine Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Drivers
4.1.1 Robust Growth of the Construction Industry
4.1.2 Other Drivers
4.2 Restraints
4.3 Industry Value Chain Analysis
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
5. MARKET SEGMENTATION
5.1 Tooling
5.1.1 Punches
5.1.2 Dies
5.2 End-user Industry
5.2.1 Automotive
5.2.2 Electrical
5.2.3 Industrial
5.2.4 Aerospace and Defense
5.2.5 Other End-user Industries
5.3 Geography
5.3.1 Asia-Pacific
5.3.1.1 China
5.3.1.2 India
5.3.1.3 Japan
5.3.1.4 South Korea
5.3.1.5 Rest of Asia-Pacific
5.3.2 North America
5.3.2.1 United States
5.3.2.2 Canada
5.3.2.3 Mexico
5.3.3 Europe
5.3.3.1 Germany
5.3.3.2 United Kingdom
5.3.3.3 France
5.3.3.4 Italy
5.3.3.5 Rest of Europe
5.3.4 Rest of the World
5.3.4.1 Brazil
5.3.4.2 South Africa
5.3.4.3 Rest of the Countries
6. COMPETITIVE LANDSCAPE
6.1 Major Players**
6.2 Strategies Adopted by Leading Players
6.3 Company Profiles
6.3.1 Asahi Sunac Corporation
6.3.2 Chun Zu Machinery Industry Co. Ltd (Chun Yu Group)
6.3.3 GFM GmbH Steyr
6.3.4 Hatebur Umformmaschinen AG
6.3.5 HUBEI TRI-RING METALFORMING EQUIPMENT CO. LTD (YSD)
6.3.6 INDUSTRIALMACHINERYCORP
6.3.7 Lan Dee Woen Factory Co. Ltd
6.3.8 Nakashimada Engineering Works Ltd
6.3.9 National Machinery LLC
6.3.10 NEDSCHROEF Machinery
6.3.11 SACMA Limbiate SpA
6.3.12 Sakamura Machine Co. Ltd
6.3.13 Samrat Machine Tools
6.3.14 SIJIN INTELLIGENT FORMING MACHINERY CO. LTD
6.3.15 TANISAKA IRON WORKS Co. Ltd
6.3.16 YESWIN MACHINERY CO. LTD
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Cold Heading Machine Industry Segmentation
Cold heading (or cold forming) is a method of forming metal in progressive steps into net shaped or near net-shaped parts. The cold heading machine market report is segmented by Tooling and End-user Industry. The report also covers the market size and forecast for the bio-surfactants market in 13 countries across major regions. For each segment, the market sizing and forecast have been done based on revenue (USD million).
Tooling | |
Punches | |
Dies |
End-user Industry | |
Automotive | |
Electrical | |
Industrial | |
Aerospace and Defense | |
Other End-user Industries |
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Cold Heading Machine Market Research FAQs
What is the current Cold Heading Machine Market size?
The Cold Heading Machine Market is projected to register a CAGR of greater than 4.5% during the forecast period (2024-2029)
Who are the key players in Cold Heading Machine Market?
GFM, Wrentham Tool Group LLC, Sakamura USA Inc., Hatebur Umformmaschinen AG and Chun Yu Group (Chun Zu Machinery Ind. Co. Ltd) are the major companies operating in the Cold Heading Machine Market.
Which is the fastest growing region in Cold Heading Machine Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Cold Heading Machine Market?
In 2024, the Asia Pacific accounts for the largest market share in Cold Heading Machine Market.
What years does this Cold Heading Machine Market cover?
The report covers the Cold Heading Machine Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Cold Heading Machine Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Cold Heading Machine Industry Report
Statistics for the 2024 Cold Heading Machine market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Cold Heading Machine analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.