Rockville, MD -- (SBWIRE) -- 06/30/2018 -- Power hammer is used for heavy industrial forging by blacksmiths, bladesmiths, metalworkers, and various manufacturers. Power hammer are forging hammer that uses a non-muscular power source in order to raise the hammer and then obtain an accelerated strike on the work piece. Power hammers machines are single blow impact hammers with pneumatic or hydraulic principle of operation providing hard hitting power with complete control of hitting force without any machine adjustment. Power hammer is one of the most common machine required in metal forming and material shaping workshops. Growing industrial sector is expected to fuel the demand for metal forging machines and equipment which in turn is anticipated to drive the demand for power hammer in the upcoming years. Power hammer operates with some of the salient features such as higher efficiency, higher strength, higher strike rate, and high operation and production rate. Owing to such beneficiary features power hammer is estimated to witness significant demand during the forecast period, substantially contributing to the growth of the global power hammer market.
Power Hammer Market: Dynamics
Power hammers are widely used in the metal forging and metal shaping applications for various manufacturing industries. Significantly growing construction industry across the globe is anticipated to be the key factor driving the demand for power hammer during the forecast period. Growing urbanization across the developing countries of Asia Pacific and Latin America is expected to boost the demand for metal forging tools and equipment which in turns is expected to add to the growth of power hammer market in the near future. Rising infrastructural development, coupled with conversion of rural areas into metro cities across the globe is another factor adding to the growth of power hammer market. Furthermore, increasing adoption of power hammer in metal fabrication in growing industries such as automotive, marine etc. is expected to fuel the demand for power hammer creating significant growth opportunities for the manufacturers in power hammer market.
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Requirement of well trained personnel for safe operations is one of the key factor to restrain the demand of power hammer which in turn is anticipated to influence the growth of power hammer market across the globe.
Power Hammer Market: Segment
Global power hammer market can be segmented by operation type, end use industries and region
By operation type the global power hammer market can be segmented as
Pneumatic Power Hammer
Hydraulic Power Hammer
Mechanical Power Hammer
Steam Power Hammer
By end use industries the global power hammer market can be segmented as
Automotive
Marine
Metal fabrication
Others
By region the global power hammer market can be segmented as
North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
South East Asia and Pacific (India, ASEAN, Australia & New Zealand)
China
Japan
Middle East and Africa (GCC Countries, South Africa, Northern Africa)
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Power Hammer Market: Regional Outlook
Noteworthy growth observed in the construction industry coupled with the demand for infrastructure development is estimated to spur the demand for metal forging tools and equipment in countries such as China, India, and ASEAN etc. Growing industrial sectors across various countries in Europe region is expected to propel the demand for metal fabrication and metal stamping equipment which in turn is expected to boost the demand for power hammer adding to the growth of power hammer market during the forecast period. Developing countries in Latin America and Middle East and Africa is expected to witness significant demand owing to growing automotive and other manufacturing industries in the near future.
Power Hammer Market: Key Participants
Examples of some of the market participants identified across the value chain of the global power hammer market include:
Prada Nargesa
Baileigh Industrial, Inc.
Power Hammer
Blacksmith Tools Centre PERUN
Anyang Hammers
The Bharat Engineering Metal Works