Global Forging Market 2018-2022

Global Forging Market 2018-2022

  • June 2018 •
  • 103 pages •
  • Report ID: 2225697 •
  • Format: PDF
About Forging

Forging involves the processing of metal through pounding, pressing, and squeezing under high-pressure conditions to give it a particular size and shape as desired by customers.
Technavio’s analysts forecast the global forging market to grow at a CAGR of 5.42% during the period 2018-2022.

Covered in this report
The report covers the present scenario and the growth prospects of the global forging market for 2018-2022. To calculate the market size, the report considers the revenue generated from the use of forging in various end-user industries.

The market is divided into the following segments based on geography:

Technavio’s report, Global Forging Market 2018-2022, 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
•Bharat Forge

Market driver
•Growing investments in renewable energy
•For a full, detailed list, view our report

Market challenge
•Lightweight materials used for automobile manufacturing
•For a full, detailed list, view our report

Market trend
•Integration of Internet of Things (IoT) with forging technology
•For a full, detailed list, view our report

Key questions answered in this report
•What will the market size be in 2022 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?

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