Dongguan Fityou Robot Automation Co., Ltd.

News
You are here: Home > News > Industry news

How is the hot forge going on in the last 10 years

Views: 21     Author: Site Editor     Publish Time: Mar 11,2024      Origin: Site

The hot forging industry has seen significant growth and evolution over the past decade. Here are some key trends and developments:

Market Growth: The global industrial forging market, including hot forging, has been growing steadily. The market is expected to continue expanding at a compound annual growth rate (CAGR) of around 5.5% from 2018 to 2030.

Technological Advancements: The industry has embraced automation and Industry 4.0 technologies. This includes the incorporation of IoT sensors and data analytics into forging processes, enabling real-time monitoring and predictive maintenance.

 

Regional Insights: Asia-Pacific holds a leading position in the hot forging press market. Countries like China, India, South Korea, and Japan have been major contributors to the growth of the automotive segment, which is a significant application area for hot forging.

Applications: Hot forging is widely used in various industries, including automotive, aerospace, machinery, military/defense, mining, and oil & gas. The automotive segment, in particular, has seen substantial growth due to the increasing production of passenger cars and commercial vehicles.

Market Size: The global hot forging press market was valued at USD 1.32 billion in 2023 and is projected to reach USD 1.94 billion by 2032, exhibiting a CAGR of 4.4% during the forecast period.

 

Fityou automation is high-tech R& D manufacture of robot automation products. our automation products are widely used in stamping, forging, welding, handling, Palletizing , processing, and spraying Fityou provide you automatic and intelligent forging, And forging robot automation products, to solve the problems of difficult employment and low efficiency, assist forging Also Fityou has established special research groups for automatic forging of bearing rings, high-strength nuts, chain rail links, bucket teeth and gears. Starting from process improvement, mold design and manufacturing, forging equipment selection and other aspects, to provide foring automations Save labor and costs while also improving output and product quality.



Fityou hot forging automatic:

2 axis punching forging robot

3 axis swing arm automatic taking and moving hot forging robot 

High-speed single arm hot foring robot 


Small speed double arm hot forging robot

Single arm walking beam hot forging robot

3 axis walking beam hot forging robot

Auto spray gaphite machine

Compleate bearing rings automatic forging eqipment

Bearing rings double rings automatic forging line 

Single bearing rings automatic forging equipment

Nut gears automatic forging equipment 

4 axis swing stamping robot 


Related News