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The global Roll Forging Press market size was valued at US$ 1.87 billion in 2024 and is projected to reach US$ 2.45 billion by 2030, at a CAGR of 4.6% during the forecast period 2024-2030.
The United States Roll Forging Press market size was valued at US$ 312.5 million in 2024 and is projected to reach US$ 398.7 million by 2030, at a CAGR of 4.1% during the forecast period 2024-2030.
Roll Forging Presses are specialized metal forming machines that use rotating dies to incrementally shape metal workpieces into cylindrical or near-net shape parts, commonly used in the production of shafts, axles, and other symmetrical components.
The global Roll Forging Press market is experiencing moderate growth, driven by the demand for efficient and precise metal forming processes in automotive, aerospace, and industrial manufacturing sectors. In 2023, the total installed base of roll forging presses worldwide reached approximately 12,500 units, with Asia-Pacific accounting for 50% of installations. Horizontal roll forging presses remain the most common type, representing 70% of market value, followed by vertical presses at 25%. The market saw increased demand for large-capacity presses, with units capable of forging parts over 500mm in diameter growing at 7% annually, driven by the need for larger components in wind energy and heavy machinery sectors. Technological advancements have focused on improving precision and automation, with new CNC-controlled systems offering positioning accuracy within 0.01mm and fully automated operation cycles. The market is witnessing strong growth in hybrid roll forging presses that combine rolling and pressing operations, increasing at 10% annually, driven by their ability to produce complex geometries in fewer steps. In 2023, the trend towards lightweight materials led to a 15% increase in the adoption of roll forging presses optimized for titanium and aluminum alloys. The industry faces challenges from the high capital cost and long lifespan of equipment, resulting in slow replacement cycles, but the need for more efficient and flexible forming processes continues to drive new investments. Emerging applications in additive-subtractive manufacturing are showing promise, with roll forging presses integrated into hybrid manufacturing cells growing at 20% CAGR, albeit from a small base of 2% market share. Looking ahead, the market is expected to benefit from innovations in die materials and thermal management, with next-generation roll forging presses offering extended die life and improved energy efficiency projected to grow at 8% CAGR through 2030.
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