Forging Market Size 2020 : Top Countries Data, Defination, SWOT Analysis, Applications, Trends and Forecast to 2024

(The Express Wire via Comtex)

[137 Pages Report] Global Forging Market 2020 report evaluated key market features, including capacity, capacity utilization rate, production, production rate, consumption, import/export, supply/demand, Cost, Market share, CAGR, and Gross margin.

Global “Forging" Market 2020 Research Report provides key analysis on the market status of the Forging manufacturers with best facts and figures, meaning, definition, SWOT analysis, expert opinions and the latest developments across the globe. The Report also calculate the market size, Forging Sales, Price, Revenue, Gross Margin and Market Share, cost structure and growth rate. The report considers the revenue generated from the sales of This Report and technologies by various application segments.

Short Description About Forging Market :

Forging is a manufacturing process involving the shaping of metal using localized compressive forces. The blows are delivered with a hammer (often a power hammer) or a die. Forging is often classified according to the temperature at which it is performed: cold forging (a type of cold working), warm forging, or hot forging (a type of hot working). For the latter two, the metal is heated, usually in a forge. Forged parts can range in weight from less than a kilogram to hundreds of metric tons. Forging has been done by smiths for millennia; the traditional products were kitchenware, hardware, hand tools, edged weapons, cymbals, and jewellery. Since the Industrial Revolution, forged parts are widely used in mechanisms and machines wherever a component requires high strength; such forgings usually require further processing (such as machining) to achieve a finished part. Today, forging is a major worldwide industry.

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The objective of the study is to define market sizes of different segments and countries in previous years and to forecast the values to the next Five years. The report is designed to incorporate both qualify qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as drivers and restraining factors which will define the future growth of the market.

The research covers the current Forging market size of the market and its growth rates based on 5-year records with company outline ofKey players/manufacturers:

  • Nippon Steel and Sumitomo Metal
  • Aichi Steel
  • Thyssenkrupp
  • AAM
  • Bharat Forge Limited
  • KOBELCO
  • WanXiang
  • FAW
  • Arconic
  • Mahindra Forgings Europe
  • Farinia Group
  • Longcheng Forging
  • Sinotruck
  • Dongfeng Forging
  • Jiangsu Pacific Precision Forging
  • Sypris Solutions
  • Ashok Leyland Limited
  • Allegheny Technologies
  • VDM Metals
  • CITIC Heavy Industries

Scope of the Forging Market Report:

The global average price of automotive forging products is in the decreasing trend, from 2271 USD/MT in 2013 to 2164 USD/MT in 2017. With the situation of raw material, prices will be in increasing trend in the following five years. In terms of raw material, the segments of the global automotive forging market include aluminum, copper/brass/bronze, low-carbon and low-alloy steels, special alloy steel, stainless steel. The segments of the global automotive forging market on the basis of type are closed die, open die, and rolled rings. Amongst them, the segment of closed die dominates in terms of revenue and the trend is expected to continue over the forecast period. This is due to the par excellence performance and finish of products that are obtained using this process. The key application segments of the global automotive forging market covered in this report are powertrain components, chassis components, transmission parts and other part. Amongst all, powertrain components are the leading application segment of the market. The leading share of the powertrain components segment is ascribed to the expansion of the automobile industry to cater to the high demand for automobiles. The powertrain components segment held almost 48.21% of the global automotive forging market in terms of volume in 2017. Geography-wise, the global automotive forging market is segmented into North America, Europe, Asia Pacific (China, India, Japan, etc.). In the years ahead, Asia Pacific is expected to display the leading growth amongst other key regions. The growth of the region is mainly driven by the development of automotive industries. Emerging economies of the region are major consumers of forged metal for the rising urbanization and industrialization in these regions. The capital-intensive nature of the global automotive forging market accounts for the clear dominance of well-entrenched players that operate in international markets. This poses challenge for small players that compete with large players with respect to quality, features, functionalities, and services. The use of newer technologies by large players to add qualitative value to existing products will further add to the woes of small players. The worldwide market for Forging is expected to grow at a CAGR of roughly 5.4% over the next five years, will reach 52000 million US$ in 2024, from 38000 million US$ in 2019, according to a new Research study.

This report focuses on the Forging in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

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Report further studies the market development status and future Forging Market trend across the world. Also, it splits Forging market Segmentation by Type and by Applications to fully and deeply research and reveal market profile and prospects.

Major Classifications are as follows:

  • Closed Die Forgings
  • Open Die Forgings
  • Rolled Rings Forgings

Major Applications are as follows:

  • Powertrain Components
  • Chassis Components
  • Transmission Parts
  • Other Parts

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Forging in these regions, from 2014 to 2024, covering

  • North America (United States, Canada and Mexico)
  • Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
  • Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
  • South America (Brazil, Argentina, Columbia etc.)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

This Forging Market Research/Analysis Report Contains Answers to your following Questions

  • Which Manufacturing Technology is used for Forging? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
  • Who Are the Global Key Players in This Forging Market? What are Their Company Profile, Their Product Information, and Contact Information?
  • What Was Global Market Status of Forging Market? What Was Capacity, Production Value, Cost and PROFIT of Forging Market?
  • What Is Current Market Status of Forging Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Forging Market by Taking Applications and Types in Consideration?
  • What Are Projections of Global Forging Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
  • What Is Forging Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
  • What Is Economic Impact On Forging Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
  • What Are Market Dynamics of Forging Market? What Are Challenges and Opportunities?
  • What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Forging Industry?

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Major Points from Table of Contents:

1 Market Overview
1.1 Forging Introduction
1.2 Market Analysis by Type
1.3 Market Analysis by Applications
1.4 Market Dynamics
1.4.1 Market Opportunities
1.4.2 Market Risk
1.4.3 Market Driving Force

2.Manufacturers Profiles

2.4.1 Business Overview
2.4.2 Forging Type and Applications
2.4.2.1 Product A
2.4.2.2 Product B

3.Global Forging Sales, Revenue, Market Share and Competition by Manufacturer (2019-2020)

3.1 Global Forging Sales and Market Share by Manufacturer (2019-2020)
3.2 Global Forging Revenue and Market Share by Manufacturer (2019-2020)
3.3 Market Concentration Rates
3.3.1 Top 3 Forging Manufacturer Market Share in 2020
3.3.2 Top 6 Forging Manufacturer Market Share in 2020
3.4 Market Competition Trend

4 Global Forging Market Analysis by Regions

4.1 Global Forging Sales, Revenue and Market Share by Regions
4.1.1 Global Forging Sales and Market Share by Regions (2014-2019)
4.1.2 Global Forging Revenue and Market Share by Regions (2014-2019)
4.2 North America Forging Sales and Growth Rate (2014-2019)
4.3 Europe Forging Sales and Growth Rate (2014-2019)
4.4 Asia-Pacific Forging Sales and Growth Rate (2014-2019)
4.6 South America Forging Sales and Growth Rate (2014-2019)
4.6 Middle East and Africa Forging Sales and Growth Rate (2014-2019)

5 Forging Market Forecast (2020-2024)
5.1 Global Forging Sales, Revenue and Growth Rate (2020-2024)
5.2 Forging Market Forecast by Regions (2020-2024)
5.3 Forging Market Forecast by Type (2020-2024)
5.3.1 Global Forging Sales Forecast by Type (2020-2024)
5.3.2 Global Forging Market Share Forecast by Type (2020-2024)
5.4 Forging Market Forecast by Application (2020-2024)
5.4.1 Global Forging Sales Forecast by Application (2020-2024)
5.4.2 Global Forging Market Share Forecast by Application (2020-2024)

6.Sales Channel, Distributors, Traders and Dealers
6.1 Sales Channel
6.1.1 Direct Marketing
6.1.2 Indirect Marketing
6.1.3 Marketing Channel Future Trend
6.2 Distributors, Traders and Dealers

7.Research Findings and Conclusion

8.Appendix
8.1 Methodology
8.2 Data Source

Continued…..

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