The Market Reports

Synopsis
The global market for Induction Forging Machine was estimated to be worth US$ 423 million in 2024 and is forecast to a readjusted size of US$ 561 million by 2031 with a CAGR of 4.1% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Induction Forging Machine cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Induction forging machines are specialized equipment used in the metalworking industry that utilize induction heating technology to heat metal billets, bars, or other workpieces to high temperatures and then forge the heated metal into the desired shape.
The induction forging machine market is experiencing significant growth, driven by its wide range of applications across various industries. In the automotive sector, it is used for manufacturing crucial components like engine parts, gears, and axles, where the high precision and efficiency of induction forging machines ensure the production of durable and high - performance parts. As the automotive industry continues to expand, especially with the rise of electric vehicles that require specialized components, the demand for induction forging machines in this application is expected to grow substantially.​
In the aerospace industry, the need for lightweight yet strong materials processed with utmost precision makes induction forging machines indispensable. They are used to forge parts for aircraft engines, landing gear, and structural components. Given the stringent quality and safety requirements in aerospace, induction forging machines, with their ability to provide consistent quality and control over the forging process, are well - positioned to meet the industry's demands. The ongoing growth in air travel and the development of new aircraft models will further fuel the demand for induction forging machines in aerospace applications.​
The tool and die industry also benefits greatly from induction forging machines. These machines are used to produce high - quality tools and dies that can withstand the intense pressure and wear during their use. By using induction forging, the hardness, toughness, and dimensional accuracy of the tools and dies can be optimized, leading to longer - lasting and more efficient products. With the increasing complexity of manufacturing processes in various industries that rely on tool and die, the demand for induction forging machines in this segment will continue to rise.​​
Moreover, there are numerous other applications for induction forging machines, such as in the manufacturing of agricultural equipment, where parts need to be robust to withstand harsh working conditions, and in the production of consumer goods, where precision - forged components can enhance product quality. The versatility of induction forging machines, combined with their advantages like energy efficiency, reduced material waste, and high - speed production, positions them well for continued market expansion across these diverse applications. As industries strive for greater productivity, cost - effectiveness, and product quality, the market potential for induction forging machines by application remains highly promising, with projections indicating substantial growth in the coming years.
This report aims to provide a comprehensive presentation of the global market for Induction Forging Machine, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Induction Forging Machine by region & country, by Type, and by Application.
The Induction Forging Machine market size, estimations, and forecasts are provided in terms of sales volume (Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Induction Forging Machine.
Market Segmentation
By Company
SMS Group
Inductotherm
ABP INDUCTION
Ajax Tocco Magnethermic
GH Induction
Uchino
Mitsui E&S Power Systems Inc
Electrotherm
Interpower Induction
Duolin
Roboterm
Hebei Yuantuo
Electroheat Induction
Yuelon
Segment by Type
Low Frequency Induction Forging Machine
Medium Frequency Induction Forging Machine
High Frequency Induction Forging Machine
Ultra High Frequency Induction Forging Machine
Segment by Application
Automotive
Aerospace
Tools and Dies
Energy Industry
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Induction Forging Machine manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Induction Forging Machine in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Induction Forging Machine in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index