Thursday, 4 May 2017

Forging Market is Expected to Grow at a CAGR of 5.35% By 2021

Forging Market
Forging is a manufacturing process wherein a metal is processed through pressing, pounding, and squeezing under high pressure, thereby transforming the metal into the particular size and shape required by customers.

The report analysts forecast the global forging market to grow at a CAGR of 5.35% during the period 2017-2021.

Covered in this report:

The report covers the present scenario and the growth prospects of the global forging market for 2017-2021. To calculate the market size, the report considers the revenue generated from forging in the global market.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
Forging Market has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors ?operating in this market.

Key vendors
  • Alcoa
  • ATI
  • Bharat Forge
  • Nippon Steel & Sumitomo Metal
  • ThyssenKrupp
Other prominent vendors
  • Aichi Steel
  • American Axle & Manufacturing
  • Ajax Tocco Magnethermic
  • Aluminum Precision Products
  • Asahi Forge
  • Alicon Castalloy
  • Amtek
  • Bruck
  • Crow Precision Components
  • Electrosteel Castings
  • Jayaswal Neco Industries
  • Hinduja Foundries
  • Heavy Engineering Corporation
  • Hilton Metal Forging
  • KITZ
  • Kalyani Forge
  • L&T Special Steels and Heavy Forgings
  • Mahindra CIE Automotive
  • Metaldyne Performance Group
  • MM Forgings
  • Nelcast
  • Precision Castparts (Wyman-Gordon)
  • Ramkrishna Forgings
  • Sanghvi Forging & Engineering
  • Siderforgerossi Group
  • Sheffield Forgemasters International
  • Sona BLW Precision Forgings
  • Specialty Ring Products
  • SIFCO Industries
  • Trinity Forge
  • Trenton Forging
  • TECT Power
  • Walker Forge
  • Weldaloy
  • Weber Metals
Market driver
  • Introduction of hybrid forging techniques
  • For a full, detailed list, view our report

Market challenge
  • Intense competition among vendors
  • For a full, detailed list, view our report
Market trend
  • Development of first-ever, all-in-one 3D printing, casting and forging technique
  • For a full, detailed list, view our report
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Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors ?
  • What are the strengths and weaknesses of the key vendors ?

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