Market Overview:
Cold Heading Machine Market Size Was Valued at USD 3.62 Billion in 2022, and is Projected to Reach USD 5.27 Billion by 2030, Growing at a CAGR of 4.8% From 2023-2030.
A cold heading machine is a piece of mechanical equipment used to shape metal into components that are net-shaped or nearly so. Without using heat, this machine goes through several steps to produce a specified item from a metal wire or rod. High-speed replications of hammers die, and punches are being used to represent the process. Cold heading machines are used to create headed parts, which are frequently used to make pressure sensors, engine control units, and other mechanical machinery, as well as the terminals of car control units. Bolts, screws, rivets, taper roller heading, and other products are also made on the cold heading machine.
Top Key Players Covered In The Cold Heading Machine Market:
- ASAHI SUNAC CORPORATION (Taiwan)
- Chun Zu Machinery Industry Co. Ltd (Taiwan)
- GFM GmbH Steyr (Austria)
- Hatebur Umformmaschinen AG (Switzerland)
- HUBEI TRI-RING METAL FORMING EQUIPMENT CO. LTD (YSD) (China)
- Industrial Machinery Corporation (India)
- Komatsu Industries Corp. (Japan)
- LAN DEE WOEN FACTORY CO. LTD (Taiwan)
- NAKASHIMADA ENGINEERING WORKS LTD (Japan)
- National Machinery LLC (US), and Other Major Players.
Market Dynamics and Factors:
Cold heading machines are frequently used to produce gears, fasteners, and rivets for use in the electrical sector in a variety of shapes, including a hexagonal head, diameter reduction, and a cylindrical extrusion. These items are used to assemble pieces or hold components together in electrical and electronic products. Bolts, lugs, radial slots, a round head with a slit, multi-diameter extrusion, and double backward extrusion are other designs that manufacturers can create in addition to these basic ones. As a result of being formed from a solid piece of metal under added stress from cooling and heating, the ultimate product is typically a high-quality screw, nut, or bolt that will maintain better strength and longevity.
Cold-headed manufacturing is very helpful for the supply of tools, products, and components for the automotive industries, including brake parts, steering, and ball joint parts, starter pinions, constant velocity joints, manifold bolts, connecting rods, and engine valves. Over the past ten years, the global market for electric vehicles has made tremendous strides. However, despite the recent growth in the number of EVs sold globally, the industry is expected to expand more over the next ten years due to rising worries about emissions and shifting environmental regulations by the major governments of the globe.
Cold Heading Machine Market Report Highlight:
- By Type, the Up-setting segment is anticipated to lead the growth of the Cold Heading Machine market in the forecasted timeframe. Upsets are the basic and common method used in cold heading today. An upset is formed when the slug is lower in height and the starting diameter is increased. The growing application of cold-headed bolts, screws, and rivets in various end-user applications, such as automotive, construction, aerospace, and furniture, is expected to boost the demand for cold-headed machines using the upsetting technique.
- By Tooling, the Punches segment is expected to have the highest share of the Cold Heading Machine market over the projected period. With backward extrusion, the metal is forced backward through a punch to create a hole or cavity. Cold heading is commonly used for creating custom screws, bolts, and other custom fasteners out of round metal stock.
- By end-users, the Industrial segment is set to develop at the highest CAGR during the forecasted timeframe. The growing industrial manufacturing in developing countries, such as India, China, and Japan, are creating a huge demand for cold-heading machines in recent years. Furthermore, the growing competitiveness amongst these countries to be the industrial manufacturing hub is one of the major factors helping the procurement of machines with the latest technologies in large quantities to boost production.
- The Asia Pacific region is expected to have the highest share of the Cold Heading Machine market over the projected period. despite the trade disturbance, due to the trade war, with the United States. China has been the largest producer and exporter of industrial fasteners across the world. It has become the largest manufacturing and exporting country of fasteners with complete categories after it entered into the World Trade Organization.
Key Industry Developments in the Cold Heading Machine Market:
In April 2023, Eldon Machinery, a leading cold heading machine manufacturer, acquired BLF High Speed Forming, a specialist in high-speed cold headers. This strategic move strengthened Eldon's portfolio in the high-production segment and expanded its geographical reach.
In April 2023, German cold heading machine giant Kuhnke formed a strategic partnership with A&A Tooling Technologies, a renowned tooling manufacturer. This collaboration aimed to provide comprehensive, integrated cold heading solutions to customers by combining Kuhnke's machines with A&A's advanced tooling expertise.
Cold Heading Machine Market Segmentation:
By Type
- Upsetting
- Extrusion
By Tooling
- Punches
- Dies
By End-User
- Automotive
- Electrical
- Industrial
- Aerospace & Defense
- Other
For this report, Introspective Market Research has segmented the Cold Heading Machine Market based on region:
Regional Outlook (Revenue in USD Million; Volume in Units, 2023-2030)
North America
- The U.S.
- Canada
- Mexico
Eastern Europe
- Russia
- Bulgaria
- The Czech Republic
- Hungary
- Poland
- Romania
- Rest of Eastern Europe
Western Europe
- Germany
- UK
- France
- Netherlands
- Italy
- Spain
- Rest of Western Europe
Asia Pacific
- China
- India
- Japan
- Singapore
- Australia
- New-Zealand
- Rest of APAC
Middle East & Africa
- Turkey
- Saudi Arabia
- Qatar
- UAE
- Israel
- South Africa
South America
- Brazil
- Argentina
- Rest of SA
