The global Cold Heading Machine market is estimated to witness moderate growth during the forecast period. Cold heading is the process of forming the heads of rivets, wood screw blanks, machine screw blanks, and similar products, by employing different techniques, like upsetting, forward extrusion and backward extrusion, along the lengths of the wire when it is cold.

The cold heading machinery offer solutions to both the product manufacturing companies, as well as suppliers. Based on the sectors served by the cold heading machines, the services/solutions offered can be categorized into four segments, namely, automotive, aerospace & defense, electrical & appliances, and industrial. The market has more relevance today since the trends show that there is an immense growth in the usage of industrial products.

North America is expected to dominate the market during the forecast period followed by Europe and Asia-Pacific. Asia-Pacific is expected to have the highest CAGR during the forecast period. This is because the emerging economies in the countries of this region have made this market, an area of immense potential and opportunities. Beside this, the demand for commercial vehicle is also expected to surge across emerging markets, driven by recovering economic conditions.