The 22nd century is an era of change, how should the forging industry develop? Only by seizing the current hot industry can we usher in a new spring in the industry. The development of science and technology has made the aerospace field a popular field for the forging industry, and the aerospace forgings forged with hot forging presses are officially forging business opportunities.

1. Forging needs in the civil field

The global aerospace forging market size was valued at USD 28.10 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 7.3% from 2020 to 2027. Large companies such as Airbus and Boeing are likely to witness an increase in the number of commercial aircraft deliveries in the coming years as passenger traffic grows. According to the International Air Transport Association, nearly 8.2 billion passengers are expected to travel using air transport services by 2037. Components such as aviation turbines, landing gear systems, engines and precision machined parts are manufactured using forging processes. Therefore, the large demand in the civilian field can bring new business opportunities to the forging industry. Servo-controlled hot forging presses can produce high-precision forging products that meet the needs of the aerospace field.

2.Forging needs of military enterprises

The needs of the international situation and the development of the military of various countries have increased the demand for forgings, and this application field requires a large number of forged parts made of special alloys. Satellites, airplanes, rockets, etc. all require hot forging presses that can produce high-precision forgings. This is really a big development opportunity for forging enterprises, so it is necessary to seize this opportunity well.

Servo-equipped hot forging presses and screw presses are the indispensable production machinery for the forging industry to seize new opportunities, and are deeply loved by the forging industry at home and abroad.