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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