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An expanding sector, the cold forming machine market offers a range of equipment used to produce metal parts and components utilising cold forming methods. Cold forming, which includes deforming metal at room temperature or lower, is frequently used to produce very accurate, high-strength components for a variety of purposes in a variety of industries.
The need for high-quality and affordable metal components is predicted to climb in the future years, and technical developments in cold forming processes as well as the emergence of Industry and automation will all contribute to this growth.
Many cold forming equipment, such as rotary swaging machines, tube reducers, header machines, nut formers, bolt formers, and more, are available on the market. Several sectors, including the automotive, aerospace, building, and medical fields, employ these equipment.
Due to their robust manufacturing sectors and rising demand for high-quality components, nations like China, India, and Japan are projected to drive expansion in the cold forming machine market, which is expected to be dominated by the Asia-Pacific region.
The implementation of automation in industrial processes and technology improvements are likely to fuel substantial growth in North America and Europe.
COLD FORMING MACHINE SIZE AND FORECAST
The Cold forming machine accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
A new cold forming equipment from HATEBUR is available for high-precision items up to 130 mm long and 32 mm in diameter. A seven-station process equipment for the automobile industry’s suppliers is called the COLD Matic CM 725.
Reinhard Buehrer, who oversees marketing and sales initiatives for the Swiss machinery manufacturer, remarked that “our technical team introduced various advances to make our clients more effective and productive.” “Compared to earlier machine generations, the CM 725 is substantially quicker, producing up to 180 components per minute.
The newly created transfer-system, on which the grippers for the component transfer are placed, is the key novel feature of this COLD Matic machine: The servo motors that operate each gripper separately allow for both individual opening and closing as well as programming.
“This programmability offers significant benefits in terms of changeover times. In only a few seconds, all previously stored changes may be applied rather than having to change every parameter individually, according to Buehrer.
