How much is the metal forming machine tools market worth, and how is it expected to expand?
The metal forming machine tools market size has grown strongly in recent years. It will grow from $59.55 $ billion in 2024 to $62.7 $ billion in 2025 at a compound annual growth rate (CAGR) of 5.3%. The growth in the historic period can be attributed to increasing demand across various industries, an increase in the need for precise manufacturing, increasing industrial activities in developing economies, a rise in construction activities, and increasing efficiency, productivity, and flexibility.
The metal forming machine tools market size is expected to see steady growth in the next few years. It will grow to $76 $ billion in 2029 at a compound annual growth rate (CAGR) of 4.9%. The growth in the forecast period can be attributed to growing investment in R&D, increasing advancements in material science, growing demand for high-precision components, rising shift towards advanced digital technologies, growing adoption of automation and robotics. Major trends in the forecast period include integration of robotics and automation technologies, adoption of digitalization and smart technologies, demand for lightweight materials, development in software integration, advancements in hybrid technologies.
Get Your Free Sample of The Global Metal Forming Machine Tools Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=19585&type=smp
Which industry factors have accelerated the metal forming machine tools market’s expansion?
The increasing construction activities are expected to drive the growth of the metal-forming machine tools market going forward. Construction activities include building, modifying, repairing, and demolishing structures and infrastructure for residential and non-residential projects. Construction activities are rising primarily due to increased urbanization, demand for housing, and the need for commercial spaces, which are driving construction projects to accommodate this shift. Metal-forming machine tools provide customizable solutions for various construction requirements, enhancing metal strength and endurance. Their automation increases efficiency and production, resulting in timely and cost-effective project completion. For instance, in November 2023, according to the Office for National Statistics, a UK-based government department, new construction activities saw an increase of £18,161 million ($19.96 million) in 2022, with private sector projects growing by 16.8% and public sector projects rising by 13.1%. Therefore, increasing construction activities are driving the growth of the metal-forming machine tools market.
What are the primary segments of the metal forming machine tools market?
The metal forming machine toolsmarket covered in this report is segmented –
1) By Type: Bulk Forming, Sheet Forming, Powder Metal Forming, Other Types
2) By Raw Materials: Ferrous, Non-Ferrous, Steel, Aluminum, Other Raw Materials
3) By Application: Automotive, Manufacturing, Precision Engineering, Construction, Aerospace And Defense, Other Applications
Subsegments:
1) By Bulk Forming: Forging Machines, Extrusion Presses, Roll Forming Machines, Die Casting Machines, Hydroforming Equipment
2) By Sheet Forming: Stamping Presses, Bending Machines, Shearing Machines, Punching Machines, Laser Cutting Machines
3) By Powder Metal Forming: Powder Pressing Machines, Sintering Equipment, Powder Injection Molding Machines, Cold Isostatic Pressing Machines, Hot Isostatic Pressing Machines
4) By Other Types: Hybrid Forming Machines, CNC Metal Forming Tools, Specialized Forming Equipment, Metal Additive Manufacturing Machines, Machine Tools for Metal Cutting.
Order your report now for swift delivery
https://www.thebusinessresearchcompany.com/report/metal-forming-machine-tools-global-market-report
Which firms are leading the metal forming machine tools market?
Major companies operating in the metal forming machine tools market are TRUMPF Inc., Amada Holdings Co. Ltd., Schuler AG, Mitsubishi Steel Mfg Co. Ltd, Fagor Arrasate, Empire Industries Limited, LVD Group, Macrodyne Technologies Inc., Haeusler AG, Accurpress, Schröder Group, Hammer Presses, Krrass, Cincinnati Machine, Bystronic Group, KNUTH Werkzeugmaschinen GmbH, Röcher GmbH & Co. KG, Electro Mechanical Solutions LLC (EMS), Anhui Donghai Machine Tool Co. Ltd, Jadestone Machine Tool Co. Ltd
Which market trends are set to define the future of the metal forming machine tools market?
Major companies operating in the metal forming machine tools market are focused on developing advanced technologies, such as digital sheet forming (DSF) technology, to improve efficiency and accelerate production processes. Digital sheet forming (DSF) technology is a cutting-edge manufacturing technique that uses digital technologies to optimize the production of sheet metal parts. It enhances precision and accelerates production cycles compared to conventional methods. For instance, in September 2022, Desktop Metal, a US-based technology company that designs 3D printing systems, launched Figur G15. It has a maximum forming area of 1450 x 1000 mm and can handle sheet metals up to 2.0 mm thick for steel and 2.5 mm for aluminum, with withdraw depths of up to 400 mm vertically. This system significantly reduces production costs and lead times, producing parts for around $10 per piece versus $160 with standard stamping processes. The G15, which can make fully formed parts in less than an hour, is excellent for low-volume production and prototyping, especially in the automotive and aerospace industries. Furthermore, it takes minimal post-processing to get a high-quality surface finish.
Which geographic trends are shaping the metal forming machine tools market, and which region has the highest market share?
North America was the largest region in the metal forming machine tools market in 2024. The regions covered in the metal forming machine tools market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Metal Forming Machine Tools Market Report 2025 Offer?
The metal forming machine tools market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Metal forming machine tools are specialized machines that shape and deform metal into specific shapes and sizes using bending, forging, and pressing processes. These tools apply mechanical forces to alter the metal’s structure without removing material. Their primary purpose is to produce precise, high-quality components, enabling efficient mass production with minimal waste.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=19585
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
