Cold Heading Machine Market

Market Overview:

The global cold heading machine market size reached US$ 3.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 5.3 Billion by 2032, exhibiting a growth rate (CAGR) of 3.8% during 2024-2032.

A cold heading machine refers to mechanical equipment that uses a series of powerful hammers to form net-shaped or near net-shaped parts of metal. It performs various steps to create a specified shape from a metal wire without adding heat. It uses a replicate series of hammers, diyes, and punches at high speed. Cold heading machines are widely used to manufacture headed parts, rivets, screws, bolts, and taper roller heading. It provides greater tensile strength and enhanced production efficiencies to reduce raw material waste and lower production costs. The cold heading machine is also commonly used in the pins for various automobile control units, such as pressure sensors, vehicle-mounted sensors, and engine control units (ECUs). In comparison to metal cutting machines, cold heading machines allow rapid production of large quantities while maintaining tolerances and efficiency. As a result, it finds extensive application across various industries, such as electrical, automotive, aerospace, and defense.

Cold Heading Machine Market Trends:

Significant growth in the automotive industry across the globe is one of the key factors creating a positive outlook for the market. Additionally, the widespread adoption of cold heading machines across the electrical industry is favoring the market growth. Moreover, various technological advancements, such as the development of remote machine monitoring systems to measure vibrations and accurately predict faults, are boosting market growth. In line with this, the rising environmental consciousness has compelled the key players to manufacture eco-friendly and zero-waste product variants, which is positively impacting the market growth. Apart from this, the rising demand for heavy equipment and machinery and the increasing use of cold heading in the construction industry are driving the market toward growth further across the globe.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global cold heading machine market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type, tooling, distribution channel and end user industry.

Breakup by Type:

• Single-Die
• Two-Die Three-Header
• Multiple Header
• Others
   

Breakup by Tooling:

• Punches
• Dies
   

Breakup by Distribution Channel:

• Direct
• Indirect
   

Breakup by End User Industry:

• Automotive
• Electrical
• Industrial
• Aerospace and Defense
• Others
   

Breakup by Region:

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Asahi Sunac Corporation, Carlo Salvi S.p.A. (Hatebur Umformmaschinen AG), GFM GmbH Steyr, Lan Dee Woen Factory Co. Ltd, Nakashimada Engineering Works Ltd, National Machinery, Nedschroef Machinery, SACMA Limbiate S.p.A., Sakamura Machine Co. Ltd, Sijin Intelligent Forming Machinery Co. Ltd., Tanisaka Iron Works Co. Ltd. and Wrentham Tool Group.

Report Coverage:

Key Questions Answered in This Report:

• How has the global cold heading machine market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the global cold heading machine market?
• What are the key regional markets?
• What is the breakup of the market based on the type?
• What is the breakup of the market based on the tooling?
• What is the breakup of the market based on the distribution channel?
• What is the breakup of the market based on the end user industry?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global cold heading machine market and who are the key players?
• What is the degree of competition in the industry?