In 1969, Jinan Casting and Forging Institute, with the German GB3-type multi-station automatic cold heading machine as a model, completed the design and manufacture of Z47-12-type multi-station automatic joint cold heading machine, so that China's fastener production technology from hot heading cutting semi-automatic mechanization to fully automatic cold heading, advanced technology and rapid development.
With the growing demand for basic parts and components in the fields of automobile, ship, aerospace, electronic components, engineering machinery, etc., the development of the fastener industry has a pulling effect on the development of cold heading machine industry. With the continuous innovation and improvement of cold heading forming process, the application of cold heading forming equipment in the field of shaped parts and special parts is also expanding.
According to the latest report "Global Cold Heading Machine Market Report 2024-2030" by QYResearch team, the global cold heading machine market size is expected to reach USD 830 million in 2030.