Global Forging Market 2020-2024

Global Forging Market 2020-2024

  • March 2020 •
  • 120 pages •
  • Report ID: 2225697 •
  • Format: PDF

Global Forging Market 2020-2024
The analyst has been monitoring the global forging market 2020-2024 and it is poised to grow by USD 14.14 million t during 2020-2024, progressing at a CAGR of 5% during the forecast period. Our reports on global forging market 2020-2024 provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the benefits of forging over other fabrication techniques. In addition, developments in robotics to enhance forging operations is anticipated to boost the growth of the global forging market 2020-2024 as well.

Market Segmentation
The global forging market 2020-2024 is segmented as below:
Product:
• Closed Die Forging

• Open Die Forging

• Seamless Rings

End-user:
• Automotive

• Others

Geographic Segmentation:
• North America

• APAC

• Europe

• South America

• MEA

Key Trends for global forging market 2020-2024 growth
This study identifies developments in robotics to enhance forging operations as the prime reasons driving the global forging market 2020-2024 growth during the next few years.

Prominent vendors in global forging market 2020-2024
We provide a detailed analysis of around 25 vendors operating in the global forging market 2020-2024, including some of the vendors such as Aichi Steel Corp., Alcoa Corp., Allegheny Technologies Inc., American Axle & Manufacturing Inc., Arconic Inc., Bharat Forge Ltd., Bruck GmbH, Nippon Steel Corp., Sumitomo Electric Industries Ltd. and thyssenkrupp AG .
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.