Description:
‘ Impression die forging’ is a metal deformation process where pressure is utilized to compress a piece of metal to fill in an enclosed die impression. Impression die forging method is typically used to manufacture more complex shapes than open-die forging. The forging components manufactured from impression die forging process are more precise and closer to the desired shape, often reducing the need for subsequent machining.
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The global market for impression die forging is segmented based on component type, metal type, order type, end user industry, and geography. Based on component type, it is classified into landing gears, jet engine & turbine shafts, crankshafts, connecting rods, gears, and others. By metal type, it is divided into steel alloys, titanium alloys, iron-based heatresistant alloys, nickel-based alloys, and others. Steel is the most commonly used metal for closed die forging. Based on order type, the market is bifurcated into custom forgings and catalogue forgings.
Custom forgings accounted for majority share in 2015 and is expected to maintain its dominance throughout the forecast period. Based on end user, it is classified into aerospace, oil & gas, shipbuilding, construction equipment, railways, defense, food, and others. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA and their prominent countries. Key players profiled in this report include ATI, Aubert & Duval, Bharat Forge Limited, Bifrangi SpA, Böhler Schmiedetechnik GmbH & Co KG, Ellwood Group Inc., Mahindra Forgings Europe AG, Maschinenfabrik Alfing Kessler GmbH, Nippon Steel & Sumitomo Metal, Riganti Spa, SAMMI Metal Products Co. Ltd, Siderforgerossi Group S. p. A, Siepmann-Werke GmbH & Co. KG, and ULMA Lazkao Forging.
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Key Benefits This study provides an in-depth analysis of the current trends and future estimations for the global impression die forging market. It elucidates key drivers, restraints, and opportunities along with their impact analysis to identify the prominent marketing opportunities and potential investment pockets. Porter’ s five forces analytical model illustrates the competitiveness in the market by analyzing threat of new entrants, threat of substitutes, strength of the buyers, and strength of the suppliers. Value chain analysis signifies the key intermediaries involved and elaborates their roles and contribution to value addition at each stage. Quantitative analysis of the current market and estimations from 2014 to 2022 is provided to highlight the financial competency of the market.
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