Trends in Manufacturing Innovation in Forging Market

Press Release

Forging Market 2018: Global Industry Insights by Global Players, Regional Segmentation, Growth, Applications, Major Drivers, Value and Foreseen till 2024

The report provides both quantitative and qualitative information of global Forging market for period of 2018 to 2025. As per the analysis provided in the report, the global market of Forging is estimated to growth at a CAGR of _% during the forecast period 2018 to 2025 and is expected to rise to USD _ million/billion by the end of year 2025. In the year 2016, the global Forging market was valued at USD _ million/billion.

This research report based on ‘ Forging market’ and available with Market Study Report includes latest and upcoming industry trends in addition to the global spectrum of the ‘ Forging market’ that includes numerous regions. Likewise, the report also expands on intricate details pertaining to contributions by key players, demand and supply analysis as well as market share growth of the Forging industry. 

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Forging Market Overview:

The Research projects that the Forging market size will grow from in 2018 to by 2024, at an estimated CAGR of XX%. The base year considered for the study is 2018, and the market size is projected from 2018 to 2024.

Leading manufacturers of Forging Market:

Market Segmentation

The study provides a decisive view of the global forging market by segmenting it in terms of type, company type, metals/ raw materials, and end-user. These segments have been analyzed based on present and future trends. Regional segmentation includes the current and forecast demand for forging in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report also covers demand for individual end-user segments in all the regions.

. Global Forging Market: Research Methodology

The report provides the estimated market size of forging for 2016 and forecast for the next nine years. The global market size of forging has been provided in terms of volume and revenue. Market numbers have been estimated based on key type, company type, metals, and application segments of forging market. Market size and forecast for each major types, company type, metals and application have been provided in terms of global and regional markets.

In order to compile the research report, we conducted in-depth interviews and discussions with a number of key industry participants and opinion leaders. Primary research represents the bulk of research efforts, supplemented by extensive secondary research. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research also includes a search of recent trade, technical writing, internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants’ insights, and recognizing business opportunities.

Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, and SEC filings, internal and external proprietary databases, and relevant patent and regulatory databases, national government documents, statistical databases, and market reports, news articles, press releases, and webcasts specific to companies operating in the market, National government documents, statistical databases, and market reports, The International Aluminium Institute, Euroforge, United States Geological Survey (USGS), National government documents, statistical databases and market reports, The Association of Indian Forging Industry, and

CEN – European Committee for Standardization. Primary research involves e-mail interactions, telephonic interviews, and face-to-face interviews for each market, category, segment, and sub-segment across geographies. We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate the data and analysis. Primary interviews provide firsthand information on market size, market trends, growth trends, competitive landscape, and outlook, etc. These help validate and strengthen secondary research findings. These also help develop the analysis team’s expertise and market understanding.

Global Forging Market: Competitive Landscape

The study includes profiles of major companies operating in the global forging market. Key players in the forging market include Arconic Inc., Allegheny Technologies Incorporated (ATI), Bharat Forge Limited, Nippon Steel & Sumitomo Metal, American Axle & Manufacturing Holdings (AAM), and Thyssenkrupp AG. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, recent developments, and SWOT analysis

The report segments the global Forging market as follows:

Forging Market: Type Analysis

  • Closed Die
  • Open Die
  • Rolled Rings

Forging Market: Company Type Analysis

  • Custom Forging
  • Captive Forging
  • Catalog Forging

Forging Market: Metals / Raw Materials Analysis

  • Aluminium
  • Magnesium
  • Copper / Brass / Bronze
  • Low-Carbon & Low-Alloy Steels
  • Microalloy / HSLA Steels
  • Special Alloy Steels
  • Stainless Steel
  • Nickel-Base Superalloy
  • Titanium
  • Refractory Metal
  • Beryllium
  • Zirconium

Forging Market: End-user Type Analysis

  • Automotive
  • Wind
  • Oil & Gas
  • Power Generation
  • Agriculture
  • Ordnance
  • Mining
  • Construction
  • Aerospace
  • Others (Hand Tools)

Forging Market: Regional Analysis

  • North America
    • U.S.
    • Canada
  • Europe
    • France
    • U.K.
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa (MEA)
    • GCC
    • Egypt
    • South Africa
    • Rest of MEA

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Some important highlights from the report include: 

  • The report offers a precise analysis of the product range of the Forging market, meticulously segmented into applications
  • Key details concerning production volume and price trends have been provided.
  • The report also covers the market share accumulated by each product in the Forging market, along with production growth.
  • The report provides a brief summary of the Forging application spectrum that is mainly segmented into Industrial Applications
  • Extensive details pertaining to the market share garnered by each application, as well as the details of the estimated growth rate and product consumption to be accounted for by each application have been provided.
  • The report also covers the industry concentration rate with reference to raw materials.
  • The relevant price and sales in the Forging market together with the foreseeable growth trends for the Forging market is included in the report.
  • The study offers a thorough evaluation of the marketing strategy portfolio, comprising several marketing channels which manufacturers deploy to endorse their products.
  • The report also suggests considerable data with reference to the marketing channel development trends and market position. Concerning market position, the report reflects on aspects such as branding, target clientele and pricing strategies.
  • The numerous distributors who belong to the major suppliers, supply chain and the ever-changing price patterns of raw material have been highlighted in the report.
  • An idea of the manufacturing cost along with a detailed mention of the labor costs is included in the report.

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The Questions Answered by Forging Market Report:

  • What are the Key Manufacturers, raw material suppliers, equipment suppliers, end users, traders And distributors in Forging Market ?
  • What are Growth factors influencing Forging Market Growth?
  • What are production processes, major issues, and solutions to mitigate the development risk?
  • What is the Contribution from Regional Manufacturers?
  • What are the Key Market segment, market potential, influential trends, and the challenges that the market is facing?

And Many More….