World Industries Forging Market 2018-2025 Industry Analysis Report

According to the global Forging Market report published by Value Market Research, the market is
expected to touch USD 107,788.1 MN by 2024, with a CAGR of 7.0% growing from USD 67,125 MN in
2017. This is a tailored made research service providing informative data and various critical aspects of
the market such as market outlook, market share, growth, and trends. Further, the report also offers
evidence-based information that helps to transform clients business and achieve their business goals.
Moreover, the report also highlights the key strategy of top players. Additionally, this report covers a
wide spectrum of services such as the latest technology trend, market opportunity analysis, and
competitive landscape.
The report also covers detailed competitive landscape including company profiles of key players
operating in the global market. The key players in the forging market includes Alcoa, American Axle &
Manufacturing Holdings, ATI Ladish Forging, Ellwood Group, FRISA, General Dynamics Ordnance &
Tactical Systems, HHI Forging, Precision Castparts, Scot Forge, Sumitomo, Sypris Solutions, and
ThyssenKrupp and Bharat Forge Limited. An in-depth view of the competitive outlook includes future
capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product
launches, new product developments and other developments with information in terms of H.Q.
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Market Dynamics
Automotive is the largest consumption of forged components for the production of valve bodies, fitting,
high-pressure valve, and flanges. Hence the growth of the forging market directly depends on the
growth of the automotive sector. Also, forging find extensive application across aerospace and oil & gas
industry which is also expected to boost the market growth. On the flip side, the availability of alternate
metal forming technique is likely to hamper the market.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using
numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain
analysis. These tools are employed to gain insights of the potential value of the market facilitating the
business strategists with the latest growth opportunities. Additionally, these tools also provide a
detailed analysis of each application/product segment in the global market of forging.
Browse Global Forging Market Research Report with detailed TOC at
https://www.valuemarketresearch.com/report/forging-market
Market Segmentation
The broad forging market has been sub-grouped into product and application. The report studies these
subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and
devise appropriate strategies to target specific market. This detail will lead to a focused approach
leading to identification of better opportunities.
By Product
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Rolled Rings
Open Die
Impression Die