Press release
Global Metal Forming Market Forecast 2025 with Toyota Boshoku America, Fagor Arrasate S. Coop., Magna International, Jet, Tennsmith Inc, Samco Machinery, Mestek Machinery, Bradbury Group, BENTELER Group
Metal Forming Market
This analysis gives an examination of various segments that are relied upon to witness the quickest development amid the estimate forecast frame. The report also consists of the all the market drivers and restrains which are derived from SWOT analysis while also giving all the CAGR projections for the historic year 2016 base year 2017 and forecast period of 2018-2025.
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Key Market Competitors: Global Metal Forming Market
The key players operating in the Global Metal Forming Market are –
• Fagor Arrasate
• Magna International
• Amco Metal
• JET
• Tennsmith
• Formtek Moulding Solutions
• Samco Machinery
• Mestek Machinery
• Westway Machinery
• Wuhan Huagong
• DMG Fabrication & Welding
• Schuler India Private Ltd.
• Bradbury Group
• Benteler International AG
• Aisin Seiki Co. Ltd
• Avic Manufacturing Technology Institute
• Heck Industries
• VNT Automotive GmbH
• Toyota Boshoku Corporation
• AES Automotive Company Pvt. Ltd.
• Among others
Market Analysis:
The Global Metal Forming Market is expected to reach value USD 270.57 million by 2025, from USD 213.59 million in 2017 growing at a CAGR of 3.0% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Metal Forming is a process in which metal is plastically deformed to a desired shape and geometry. In order to do so a force is applied on the metal, that exceeds the yielding strength of the metal so as the metal doesn’t show temporary change in shape but undergoes plastic deformation. This is applied on metal to give them rigid, customized and desired shape and looks. There are metal forming tools such as english wheels, planishing hammers, louver presses and many more that perform the desired function and output of forming. There are many end use applicants for this process; ranging from automotive, construction, industrial and aerospace engineering.
Market Drivers:
• Rising manufacturing and industrial activities in APAC.
• Rising need for automation in the manufacturing process.
• Growing vehicle production and trends towards light weighting.
Global Metal Forming Market
• By Technique (Rolling, Stretching, Forging, Extrusion, Stamping, Deep Drawing),
• By Type (Hot, Warm and Cold),
• By Application (Automotive, Industrial Equipment and Machinery, Construction),
• By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2025
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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Contact:
Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com
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