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The global cold heading machine market Growth Accelerated by High Demand from Automotive Industry

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Anubhav mishra
The global cold heading machine market Growth Accelerated by High Demand from Automotive Industry

Cold heading machines are extensively used for cold forming of metal parts through pushing or upsetting. They offer benefits such as high production output, dimensional accuracy, and reduced cost of production. The global cold heading machine market has witnessed significant growth due to increasing use of cold headed components in automobiles. Cold formed components such as nuts, bolts, washers are majorly used in the automotive industry.

The global cold heading machine market is estimated to be valued at US$ 3557.05 Mn in 2023 and is expected to exhibit a CAGR of 13% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

The growth of the cold heading machine market is expected to be driven by rising automotive production across the globe over the forecast period. Cold headed components find major application in the manufacturing of engines, transmission systems, steering systems, and other automotive parts. According to the International Organization of Motor Vehicle Manufacturers, worldwide car production is estimated to reach over 90 million units by 2023 from around 83 million units in 2020, indicating promising growth opportunities for cold heading machine manufacturers catering to the automotive industry. Additionally, high demand for fuel-efficient vehicles equipped with lightweight cold formed components will further accentuate the market growth over the coming years.


Segment Analysis

The global cold heading machine market can be segmented based on type, automation level, and end-use industry. Based on type, the fully automatic cold heading machines sub-segment currently dominates the market. Fully automatic machines are highly preferred as they require less human intervention and can produce headers faster and with more consistency compared to other machine types.

Key Takeaways

The global cold heading machine market is expected to witness high growth over the forecast period of 2023 to 2030. The global cold heading machine market is estimated to be valued at US$ 3557.05 Mn in 2023 and is expected to exhibit a CAGR of 13% over the forecast period 2023 to 2030.


The Asia Pacific region currently dominates the global cold heading machine market and is expected to maintain its dominance over the forecast period. Countries like China, India, and Japan have emerged as major manufacturing hubs and are witnessing rapid industrialization. This has led to increased demand for cold heading machines from various end-use industries in the region.

Key players

Key players operating in the cold heading machine market are Gevo, Inc., Red Rock Biofuels LLC, Honeywell International Inc., Virent Inc., Fulcrum BioEnergy, Inc., Neste Oil Corporation, AltAir Paramount LLC, S.G. Preston Company, SkyNRG BV, Eni SpA Total S.A., and BP PLC.

Explore more trending article on this topic:https://www.newsstatix.com/cold-heading-machine-market-scope-cold-heading-machine-market-demand-cold-heading-machine-market-share/

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Anubhav mishra
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