Asia-Pacific Metal Forming Equipment Market Size and Share

Asia-Pacific Metal Forming Equipment Market Size
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Asia-Pacific Metal Forming Equipment Market Analysis by Mordor Intelligence

The Asia-Pacific Metal Forming Equipment Market size was valued at USD 13.06 billion in 2025 and is estimated to grow from USD 13.55 billion in 2026 to reach USD 15.79 billion by 2031, at a CAGR of 3.10% during the forecast period (2026-2031).

China remains the region’s largest production and consumption center for formed metal components, supported by established press manufacturing clusters. India and ASEAN are attracting capacity investment as EV supply chains, industrial corridors, and semiconductor production expand. Chinese suppliers are moving into higher-value servo press and automated bending applications, increasing pressure on Japanese and European suppliers. Demand is also being supported by investment in vehicle manufacturing, electronics facilities, renewable energy equipment, and grid infrastructure. High equipment costs, shortages of trained technicians, imported control components, and pricing pressure in standard press categories continue to shape procurement decisions across the Asia-Pacific metal forming equipment market.

Key Report Takeaways

  • By equipment type, press machines held 38.5% of the Asia-Pacific metal forming equipment market share in 2025, while servo presses are forecast to grow at a 6.2% CAGR through 2031.
  • By forming process, stamping and punching held 28.8% of the Asia-Pacific metal forming equipment market size in 2025, while hydroforming is forecast to grow at a 6.7% CAGR through 2031.
  • By material formed, carbon and low-alloy steel held a 45.2% share in 2025, while aluminum and aluminum alloys are forecast to grow at a 5.1% CAGR through 2031.
  • By end-use industry, automotive and transportation held a 35% share in 2025, while aerospace and defense are forecast to grow at a 5.9% CAGR through 2031.
  • By geography, China held a 36.5% share in 2025, while India is forecast to grow at a 5.8% CAGR through 2031.

Note: Market size and forecast figures in this report are generated using Mordor Intelligence’s proprietary estimation framework, updated with the latest available data and insights as of January 2026.

Segment Analysis

By Equipment Type: Press Technology Shifts Toward Servo Precision

Press machines held 38.5% of the Asia-Pacific metal forming equipment market size in 2025 because they support stamping, deep drawing, blanking, and coining across automotive and electronics production. Mechanical presses lead the installed base in China, India, and ASEAN job shops because they have lower acquisition costs and simple maintenance. In contrast, hydraulic presses remain important in forging and heavy fabrication because they provide flexible force through the stroke. Press brakes and bending machines form the next major group, with South Korean and Taiwanese sheet-metal shops shifting toward servo-electric and hybrid servo-hydraulic configurations that can reduce energy use relative to constant-speed hydraulic equipment. Forging equipment supports defense and aerospace components, while roll-forming and extrusion presses serve wind-tower sections and solar-racking profiles, so material grade, production volume, precision, and plant space remain central purchasing considerations.

Servo presses are forecast to grow at a 6.2% CAGR through 2031 because EV battery enclosures, fuel-cell plates, and semiconductor lead frames need accurate forming, and AIDA’s transfer robot launches and SEYI’s demonstration show the closer link between press technology and automated handling. New purchases increasingly focus on integrated cells combining presses, robots, vision inspection, and connected monitoring, which shifts competition from individual machines toward complete systems. China’s JB/T requirements and Japan’s JIS requirements affect machine design and qualification, creating a more difficult path for suppliers without local compliance experience. The Asia-Pacific metal forming equipment industry remains divided between premium automation systems and lower-cost standard presses, although the fastest-growing applications favor suppliers with dependable controls and service.

Asia-Pacific Metal Forming Equipment Market Share by Equipment Type, 2025
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Asia-Pacific Metal Forming Equipment Market Share by Equipment Type, 2025

By Forming Process: Stamping Scales as Hydroforming Earns EV Credentials

Stamping and punching held 28.8% share in 2025 because automotive panels, electronics enclosures, and appliance casings require high-cycle production, with progressive-die lines operating at 100 to 400 strokes per minute in electronics and connector supply chains. High-speed servo-punch demand is rising as EV power electronics and AI server hardware use smaller parts. At the same time, deep drawing serves battery-cell cans, pump housings, and pressure vessels with improved blank-holding control, enabling deeper aluminum forms. Bending with CNC press brakes and panel benders serves construction, energy, and data-center enclosures, while extrusion and rolling support renewable structures and industrial machinery parts. Stamping retains its leading position because it delivers repeatable high-volume output, with process selection determined by part geometry, material thickness, output needs, and secondary assembly requirements.

Hydroforming is forecast to grow at a 6.7% CAGR through 2031 in the Asia-Pacific metal forming equipment market because EV designers use it for aluminum and stainless steel battery-tray rails, chassis nodes, and cooling-manifold tubes. It removes secondary welding and supports lighter components for range requirements, and its use should rise as body structures incorporate more tubular members. Specialist OEMs hold much of the high-pressure equipment expertise, leaving an opening for mid-tier builders with the necessary high-pressure tooling and CNC machine-building capability. Forging continues to benefit from titanium and nickel alloy aerospace and defense demand in India, Japan, and South Korea, where procurement programs offer longer revenue visibility.

By Material Formed: Steel Holds Volume Advantage, Aluminum Gains Structural Ground

Carbon and low-alloy steel commanded 45.2% share in 2025, reflecting its use in automotive structures, construction profiles, and machinery housings where cost and weldability matter. Ultra-high-strength steel, including press-hardened grades of 1,500 MPa and above, is gaining use in door rings, B-pillars, and underbody reinforcements, requiring hot-stamping cells with rapid blank heating and quenching. Stainless steel remains relevant for food processing, pharmaceutical equipment, and solar mounting structures, while broad availability and an established supply chain support steel use across regional manufacturing. Buyers must match press force, tooling, and thermal systems to material grades, leaving hot stamping important even as lightweight materials increase.

Aluminum and aluminum alloys are forecast to grow at a 5.1% CAGR through 2031 because EV battery enclosures, motor housings, and structural parts use the material to reduce vehicle weight, while its springback and galling sensitivity favor accurate servo control and servo-hydraulic retrofits. AMADA demonstrated copper bus-bar processing for EV powertrain applications on an automated non-ferrous forming system in May 2026, and copper alloys remain a specialty stream for bus bars and connectors.[3]AMADA Co., Ltd., “Participation in the 2026 International Welding Show,” AMADA, amada.co.jp Titanium, nickel, and other non-ferrous metals serve close-tolerance aerospace and defense work in Japan, India, and South Korea, sometimes requiring isothermal presses. The shift from steel to aluminum changes press-line specifications and strengthens the role of suppliers with precision servo capability.

Asia-Pacific Metal Forming Equipment Market Share by Material Formed, 2025
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Asia-Pacific Metal Forming Equipment Market Share by Material Formed, 2025

By End-Use Industry: Automotive Volume Underpins Market, Aerospace Defense Breaks Out

Automotive and transportation held 35% share in 2025 within the Asia-Pacific metal forming equipment market because China, Japan, South Korea, India, and ASEAN combine substantial vehicle production with growing local supplier capacity. EV production reshapes the equipment mix by adding battery enclosure presses, hot-stamping cells for crash parts, and transfer presses for motor-core laminations, as well as demand for dies, automation, inspection, and maintenance services. Industrial machinery, metal products, fabrication, and construction form a stable middle tier, while electrical and electronics applications draw support from semiconductor and facility investment. Consumer appliances remain substantial but mature, so automotive activity continues to set the pace for many high-volume equipment purchases.

Aerospace and defense is forecast to grow at a 5.9% CAGR through 2031, supported by India’s localized procurement policies and Japan and South Korea’s aircraft and naval programs, which require precision forging, sheet-metal forming, and tube bending. These applications demand tight tolerances for titanium and aluminum structural work and often have longer production programs than consumer applications. Medical and precision manufacturing is a smaller, higher-value field for fine-blanking and servo-controlled systems that need repeatable dimensions and ISO 13485-related validation. The Asia-Pacific metal forming equipment industry, therefore, serves both volume automotive orders and specialized aerospace, defense, medical, and appliance demand.

Geography Analysis

China held 36.5% share in 2025 within the Asia-Pacific metal forming equipment market because it is a major press manufacturer and user of formed components. Domestic producers meet much of the country’s standard mechanical and hydraulic press demand, although premium servo press work depends on imported motors, linear guides, and CNC controllers. Renewable energy, electronics, automotive, and industrial production create several demand sources. Domestic servo-drive and control development could reduce import dependence and reshape premium system-builder competition. The Asia-Pacific metal forming equipment market is therefore supported by China’s broad installed base and its ongoing technology upgrade cycle.

India is forecast to grow at a 5.8% CAGR through 2031, making it the fastest-growing geographic market, supported by industrial policy, manufacturing expansion, and China-plus-one investment. ISGEC approved an INR 218 crore (USD 25.02 million) Machine Building Division expansion in February 2026 for automotive, forging, defense, and nuclear applications. ASEAN adds demand through Thailand’s automotive base, Vietnam’s EV and electronics plans, and Indonesia’s vehicle investment. China, Japan, and South Korea provide capital and technology while ASEAN expands its manufacturing role. This distribution supports purchases of new production lines, tooling, automation, and related supplier equipment across the region over the forecast period.

Japan and South Korea are mature but active markets focused on technology upgrades and next-generation production platforms. Semiconductor facilities, electronics production, and EV modernization support high-precision stamping and fine-blanking demand, including supply-chain effects from SK hynix’s 2026 investment program. Taiwan adds a precision electronics forming ecosystem, while Australia, the Philippines, and Cambodia contribute renewable-energy and smaller-scale manufacturing demand. These markets broaden the regional customer base beyond China, India, and ASEAN.

Competitive Landscape

The Asia-Pacific metal forming equipment market exhibits a medium level of market concentration. AMADA, Komatsu, Schuler, ANDRITZ, and TRUMPF provide servo presses, automated bending cells, and integrated production systems, supported by control systems, precision engineering, application knowledge, and service networks. Chinese producers, including JIER Machine-Tool, Jiangsu Yangli, Hefei Metalforming Intelligent Manufacturing, Shandong Weida, Yawei, and Accurl, compete strongly in mechanical and hydraulic presses through price and delivery terms. The premium and standard equipment categories consequently have different competitive structures. 

Chinese producers are moving into more demanding applications, illustrated by Yadon’s July 2026 export of a 3,500-ton multi-link multi-station transfer press to a Japanese Tier 1 automotive customer. SEYI demonstrated a high-precision servo press for hydrogen fuel-cell bipolar-plate stamping at MF-Tokyo 2025. AIDA’s 2026 robot launches provide a second example of a supplier extending its offer from a press toward an automated line. These actions make integration, automation, and connected production systems more important in customer selection. They also raise the engineering and support expectations placed on suppliers.

Affordable servo and hybrid presses offer an opportunity in Indian and ASEAN job shops, where service and spare-parts networks matter because imported component lead times can reach 6 to 12 months. Used-equipment certification and predictive refurbishment can provide SMEs with a lower-cost entry into newer press technology. ISGEC is expanding machine-building capacity and targets INR 1,000 crore (114.77 million) in annual press-division revenue by FY2028. ISO 11161 and national requirements in China, India, and South Korea add qualification costs and can favor incumbents with local certification knowledge.

Asia-Pacific Metal Forming Equipment Industry Leaders

  1. AIDA ENGINEERING, LTD.

  2. AMADA CO., LTD.

  3. Komatsu Ltd.

  4. Schuler AG

  5. TRUMPF SE + Co. KG

  6. *Disclaimer: Major Players sorted in no particular order
Asia-Pacific Metal Forming Equipment Market Concentration
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Recent Industry Developments

  • September 2026: Kyocera Corporation completed construction of its JPY 68 billion (USD 454.4 million) semiconductor component plant in Isahaya, Nagasaki, Japan, on September 1, targeting AI chipset packaging substrates and ceramic components for semiconductor fabrication equipment.
  • April 2026: AIDA Engineering launched the SAT-M High-Speed Transfer Robot (2-axis, 8 kg payload) and ARB-M1 High-Speed Articulated Robot (6-axis, 50 kg payload), achieving 30-strokes-per-minute tandem-line takt time for direct press-to-press conveyance and eliminating nesting stages on C-frame press lines.

Table of Contents for Asia-Pacific Metal Forming Equipment Industry Report

1. Introduction

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
    • 4.1.1 Asia-Pacific Market Position in Global Metal Forming Equipment Demand
    • 4.1.2 Demand Split Between New Capacity, Replacement and Modernization
    • 4.1.3 China Manufacturing and Consumption Leadership
    • 4.1.4 India and Southeast Asia Greenfield Expansion
  • 4.2 Market Drivers
    • 4.2.1 Automotive, EV and Lightweight-Component Capacity Expansion
    • 4.2.2 Electronics, Semiconductor and Electrical-Enclosure Manufacturing Growth
    • 4.2.3 Industry 4.0, Robotics and Smart-Factory Modernization
    • 4.2.4 Renewable Energy, Grid Infrastructure and Energy-Storage Component Demand
    • 4.2.5 Localized Servo-Press Ecosystems for Battery-Casing and Motor-Core Production
    • 4.2.6 RCEP-Enabled Supplier Diversification and Regional Production Migration
  • 4.3 Market Restraints
    • 4.3.1 High Capital Intensity and Long Payback Periods
    • 4.3.2 Skilled Tool-and-Die, Programming and Maintenance Labor Shortages
    • 4.3.3 Imported Controller, Servo, Linear-Guide and Hydraulic-Component Dependence
    • 4.3.4 Price Competition and Margin Compression in Chinese and Southeast Asian Equipment Supply
  • 4.4 Value / Supply-Chain Analysis
    • 4.4.1 Structural Materials and Machine Components
    • 4.4.2 Drives, Hydraulics, Motors and Controls
    • 4.4.3 Tooling and Die Ecosystem
    • 4.4.4 Metal Forming Equipment Manufacturers
    • 4.4.5 Automation and System Integrators
    • 4.4.6 Distribution and Dealer Network
    • 4.4.7 Service, Retrofit and Lifecycle Support
  • 4.5 Regulatory Landscape
    • 4.5.1 China Machinery Safety and GB/JB/T Requirements
    • 4.5.2 Japan JIS and Industrial Safety Requirements
    • 4.5.3 India BIS and Machinery Safety Requirements
    • 4.5.4 South Korea Industrial Safety and KC Certification Requirements
    • 4.5.5 ASEAN Machinery Import, Safety and Workplace Guarding Requirements
    • 4.5.6 RCEP Tariff and Rules-of-Origin Impact
  • 4.6 Technological Outlook
    • 4.6.1 Mechanical, Hydraulic and Servo-Electric Press Technologies
    • 4.6.2 CNC Press Brakes and Automated Bending Systems
    • 4.6.3 Robotic Bending, Transfer and Coil-Feed Automation
    • 4.6.4 Punch-Laser and Multi-Function Metal Forming Systems
    • 4.6.5 Digital Twins, Press Simulation and Offline Programming
    • 4.6.6 IoT-Based Equipment Monitoring and Predictive Maintenance
    • 4.6.7 Energy-Efficient Drives and Hydraulic Systems
    • 4.6.8 AI-Assisted Process and Die-Change Optimization
  • 4.7 Impact Assessment of Geopolitical Events on the Market

5. Market Size & Growth Forecasts

  • 5.1 By Equipment Type
    • 5.1.1 Press Machines
    • 5.1.1.1 Mechanical Presses
    • 5.1.1.2 Hydraulic Presses
    • 5.1.1.3 Servo Presses
    • 5.1.1.4 Other General-Purpose Presses
    • 5.1.2 Press Brakes and Bending Machines
    • 5.1.2.1 Hydraulic Press Brakes
    • 5.1.2.2 Servo / Electric Press Brakes
    • 5.1.2.3 Mechanical Press Brakes
    • 5.1.2.4 Other Bending Machines
    • 5.1.3 Forging Equipment
    • 5.1.3.1 Forging Presses
    • 5.1.3.2 Forging Hammers
    • 5.1.3.3 Upsetting and Heading Machines
    • 5.1.3.4 Other Forging Equipment
    • 5.1.4 Roll Forming and Plate/Profile Rolling Equipment
    • 5.1.4.1 Roll Forming Machines
    • 5.1.4.2 Plate Rolling Machines
    • 5.1.4.3 Section and Profile Rolling Machines
    • 5.1.4.4 Other Secondary Rolling/Forming Equipment
    • 5.1.5 Wire, Tube and Profile Forming Equipment
    • 5.1.5.1 Wire and Bar Drawing/Forming Equipment
    • 5.1.5.2 Tube Forming and Bending Equipment
    • 5.1.5.3 Profile Forming Equipment
    • 5.1.6 Extrusion Presses
    • 5.1.7 Hydroforming Equipment
    • 5.1.8 Other Metal Forming Equipment
  • 5.2 By Forming Process
    • 5.2.1 Stamping and Punching
    • 5.2.2 Deep Drawing
    • 5.2.3 Bending
    • 5.2.4 Forging
    • 5.2.5 Rolling and Roll Forming
    • 5.2.6 Extrusion
    • 5.2.7 Hydroforming
    • 5.2.8 Other Forming Processes
  • 5.3 By Material Formed
    • 5.3.1 Carbon and Low-Alloy Steel
    • 5.3.2 Stainless Steel
    • 5.3.3 Aluminum and Aluminum Alloys
    • 5.3.4 Copper and Copper Alloys
    • 5.3.5 Titanium, Nickel and Other Non-Ferrous Metals
    • 5.3.6 Other Materials
  • 5.4 By End-Use Industry
    • 5.4.1 Automotive and Transportation
    • 5.4.2 Aerospace and Defense
    • 5.4.3 Industrial Machinery and Capital Equipment
    • 5.4.4 Metal Products and Fabrication
    • 5.4.5 Electrical and Electronics
    • 5.4.6 Construction and Infrastructure
    • 5.4.7 Energy and Power
    • 5.4.8 Consumer Appliances and Durable Goods
    • 5.4.9 Medical and Precision Manufacturing
    • 5.4.10 Other End-Use Industries
  • 5.5 By Geography
    • 5.5.1 China
    • 5.5.2 India
    • 5.5.3 Japan
    • 5.5.4 South Korea
    • 5.5.5 ASEAN
    • 5.5.5.1 Thailand
    • 5.5.5.2 Vietnam
    • 5.5.5.3 Indonesia
    • 5.5.5.4 Malaysia
    • 5.5.5.5 Rest of ASEAN
    • 5.5.6 Rest of Asia-Pacific

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Segments, Financials as available, Strategic Information, Products and Services, Recent Developments)
    • 6.4.1 AIDA ENGINEERING, LTD.
    • 6.4.2 AMADA CO., LTD.
    • 6.4.3 Komatsu Ltd.
    • 6.4.4 Schuler AG
    • 6.4.5 TRUMPF SE + Co. KG
    • 6.4.6 JIER Machine-Tool Group Co., Ltd.
    • 6.4.7 Jiangsu Yangli Group Co., Ltd.
    • 6.4.8 Chin Fong Machine Industrial Co., Ltd.
    • 6.4.9 SEYI Precision Machinery Co., Ltd.
    • 6.4.10 Fagor Arrasate S. Coop.
    • 6.4.11 ANDRITZ AG
    • 6.4.12 Bystronic AG
    • 6.4.13 LVD Company NV
    • 6.4.14 Salvagnini Italia S.p.A.
    • 6.4.15 Prima Industrie S.p.A.
    • 6.4.16 DMG MORI CO., LTD.
    • 6.4.17 Hyundai WIA Corp.
    • 6.4.18 Machine Tools (India) Limited
    • 6.4.19 ISGEC Heavy Engineering Ltd.
    • 6.4.20 Hefei Metalforming Intelligent Manufacturing Co., Ltd.
    • 6.4.21 Shandong Weida Machinery Co., Ltd.
    • 6.4.22 Yawei (Lutian CNC)
    • 6.4.23 Accurl CNC Machine (Anhui) Manufactory Co., Ltd.
    • 6.4.24 Hanwha Corporation
    • 6.4.25 Murata Machinery, Ltd.

7. Market Opportunities & Future Outlook

  • 7.1 White-Space and Unmet-Need Assessment
    • 7.1.1 Affordable Servo and Hybrid Machines for Indian and ASEAN Job Shops
    • 7.1.2 Localized Service, Spare Parts, and Equipment Support Networks
    • 7.1.3 Low-Carbon and Energy-Efficient Metal Forming Solutions
    • 7.1.4 Battery Enclosure, Motor-Core, and Power-Electronics Forming Solutions
    • 7.1.5 Used-Equipment Certification and Predictive Refurbishment
    • 7.1.6 Multi-Process Platforms for High-Mix, Low-Volume Manufacturing

Asia-Pacific Metal Forming Equipment Market Report Scope

The Asia-Pacific Metal Forming Equipment Market is Segmented by Equipment Type, (Press Machines, Forging Equipment and More), by Forming Process (Stamping and Punching, Forging and More), by Material Formed (Carbon and Low-Alloy Steel, Stainless Steel and More), by End-Use Industry (Energy and Power, Aerospace and Defense and More), by Geography (China, India, and more). The Market Forecasts are Provided in Terms of Value (USD).

By Equipment Type
Press MachinesMechanical Presses
Hydraulic Presses
Servo Presses
Other General-Purpose Presses
Press Brakes and Bending MachinesHydraulic Press Brakes
Servo / Electric Press Brakes
Mechanical Press Brakes
Other Bending Machines
Forging EquipmentForging Presses
Forging Hammers
Upsetting and Heading Machines
Other Forging Equipment
Roll Forming and Plate/Profile Rolling EquipmentRoll Forming Machines
Plate Rolling Machines
Section and Profile Rolling Machines
Other Secondary Rolling/Forming Equipment
Wire, Tube and Profile Forming EquipmentWire and Bar Drawing/Forming Equipment
Tube Forming and Bending Equipment
Profile Forming Equipment
Extrusion Presses
Hydroforming Equipment
Other Metal Forming Equipment
By Forming Process
Stamping and Punching
Deep Drawing
Bending
Forging
Rolling and Roll Forming
Extrusion
Hydroforming
Other Forming Processes
By Material Formed
Carbon and Low-Alloy Steel
Stainless Steel
Aluminum and Aluminum Alloys
Copper and Copper Alloys
Titanium, Nickel and Other Non-Ferrous Metals
Other Materials
By End-Use Industry
Automotive and Transportation
Aerospace and Defense
Industrial Machinery and Capital Equipment
Metal Products and Fabrication
Electrical and Electronics
Construction and Infrastructure
Energy and Power
Consumer Appliances and Durable Goods
Medical and Precision Manufacturing
Other End-Use Industries
By Geography
China
India
Japan
South Korea
ASEANThailand
Vietnam
Indonesia
Malaysia
Rest of ASEAN
Rest of Asia-Pacific
By Equipment TypePress MachinesMechanical Presses
Hydraulic Presses
Servo Presses
Other General-Purpose Presses
Press Brakes and Bending MachinesHydraulic Press Brakes
Servo / Electric Press Brakes
Mechanical Press Brakes
Other Bending Machines
Forging EquipmentForging Presses
Forging Hammers
Upsetting and Heading Machines
Other Forging Equipment
Roll Forming and Plate/Profile Rolling EquipmentRoll Forming Machines
Plate Rolling Machines
Section and Profile Rolling Machines
Other Secondary Rolling/Forming Equipment
Wire, Tube and Profile Forming EquipmentWire and Bar Drawing/Forming Equipment
Tube Forming and Bending Equipment
Profile Forming Equipment
Extrusion Presses
Hydroforming Equipment
Other Metal Forming Equipment
By Forming ProcessStamping and Punching
Deep Drawing
Bending
Forging
Rolling and Roll Forming
Extrusion
Hydroforming
Other Forming Processes
By Material FormedCarbon and Low-Alloy Steel
Stainless Steel
Aluminum and Aluminum Alloys
Copper and Copper Alloys
Titanium, Nickel and Other Non-Ferrous Metals
Other Materials
By End-Use IndustryAutomotive and Transportation
Aerospace and Defense
Industrial Machinery and Capital Equipment
Metal Products and Fabrication
Electrical and Electronics
Construction and Infrastructure
Energy and Power
Consumer Appliances and Durable Goods
Medical and Precision Manufacturing
Other End-Use Industries
By GeographyChina
India
Japan
South Korea
ASEANThailand
Vietnam
Indonesia
Malaysia
Rest of ASEAN
Rest of Asia-Pacific

Key Questions Answered in the Report

What is the projected value of the Asia-Pacific metal forming equipment market by 2031?

The market is forecast to reach USD 15.79 billion by 2031, expanding at a 3.1% CAGR from 2026 to 2031. Its value is USD 13.55 billion in 2026, and equipment demand is linked to regional manufacturing investment.

Which equipment category leads regional demand?

Press machines held 38.5% share in 2025 because they are used in stamping, deep drawing, blanking, and coining across major end uses. Mechanical presses remain common in China, India, and ASEAN job shops because they cost less and are easier to maintain.

What is driving demand for servo presses in the Asia-Pacific?

Servo presses are forecast to grow at a 6.2% CAGR through 2031. EV battery enclosures, fuel-cell plates, semiconductor lead frames, and automated manufacturing lines are supporting this growth. Buyers increasingly seek integrated cells that combine presses, robots, inspection, and connected monitoring.

Which forming process is growing fastest?

Hydroforming is forecast to grow at a 6.7% CAGR through 2031 as EV manufacturers use it for lightweight hollow structures such as chassis nodes and cooling tubes. The process can reduce secondary welding and support the shift toward tubular structural members.

Why is India important for equipment suppliers?

India is forecast to grow at a 5.8% CAGR through 2031, the fastest rate among the geographic segments: industrial policy, manufacturing expansion, and global supply-chain diversification support demand. Automotive, forging, defense, and nuclear applications are also attracting additional machine-building capacity.

What limits modernization by smaller press shops?

High equipment costs, extended payback periods, skills gaps, and reliance on imported controls and components constrain investment. Smaller factories also face costs for software, calibration, spare-parts inventory, and supplier service support, which can encourage refurbishment of older mechanical presses instead of immediate replacement.

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