openPR Logo
Press release

Automotive Forging Market Offered in New Research Forecasted through 2021-2031 | CFS Machinery Co.,LTD, CIE Automotive, thyssenkrupp AG, Bharat Forge Limited

10-21-2022 04:42 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Global Insight Services

Automotive Forging Market

Automotive Forging Market

New York, According to a new market research report published by Global Insight Services Automotive Forging Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Automotive forging is the process of shaping metal using high-pressure techniques. Forging is often used to create car parts that are stronger and more durable than those made using other manufacturing methods. In automotive forging, a piece of metal is placed between two dies, or molding tools, and then a hydraulic press is used to apply pressure to the metal. This pressure forces the metal to take on the shape of the die.

View Detailed Report Description : https://www.globalinsightservices.com/reports/automotive-forging-market

Key Trends

The automotive industry is constantly evolving, and so is the technology used to manufacture cars and components. Forging is a key manufacturing process used in the automotive industry, and the technology is constantly evolving to meet the needs of the industry. Some of the key trends in automotive forging technology include:

-Increased use of computer-aided design (CAD) and computer-aided manufacturing (CAM) to create more complex and accurate forging dies.

-Use of more sophisticated materials, such as superalloys and titanium, in order to create stronger and lighter components.

-Use of new forging processes, such as powder forging, to create parts with unique properties.

-Increased use of simulation software to optimize the forging process and reduce manufacturing costs.

-Development of new methods for surface treatment and heat treatment of forged components.

Request Sample Report : https://www.globalinsightservices.com/request-sample/GIS21543

Key Drivers

The key drivers of the automotive forging market are the increasing demand for light weight and fuel efficient vehicles, and the stringent emission norms. The automotive industry is shifting its focus from steel to aluminum and magnesium, as these metals are lighter in weight and offer better fuel efficiency. This is expected to fuel the growth of the automotive forging market. In addition, the government regulations regarding emission norms are becoming stringent, which is expected to drive the demand for automotive forgings.

Market Segments

The automotive forging market report is bifurcated on the basis of type, vehicle, material, and region. On the basis of type, it is segmented into engine, transmission, drive, and others. Based on vehicle, it is analyzed across passenger car, light commercial vehicles, and heavy commercial vehicles. By material, it is categorized into aluminum, steel, and others. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.

Key Player

The automotive forging market report includes players such as Farinia Group, India Forge, CFS Machinery Co.,LTD, CIE Automotive, thyssenkrupp AG, Bharat Forge Limited, Trenton Forging, JVR Forging, Nanjing Automobile Forging Co., Ltd., and LISI Group.

Request For Customization : https://www.globalinsightservices.com/request-customization/GIS21543

Reasons to buy Automotive Forging Market Report:

• Develop comprehensive understanding of market landscape - industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market

Contact Us:

Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Automotive Forging Market Offered in New Research Forecasted through 2021-2031 | CFS Machinery Co.,LTD, CIE Automotive, thyssenkrupp AG, Bharat Forge Limited here

News-ID: 2774766 • Views:

More Releases from Global Insight Services

Immuno Oncology Drugs Market Projected to Reach $634.1 Billion by 2034, Growing at 17.5% CAGR | Overall Study Report
Immuno Oncology Drugs Market Projected to Reach $634.1 Billion by 2034, Growing …
The Immuno Oncology Drugs Market is rapidly emerging as a transformative segment in the global healthcare industry. These drugs harness the body's immune system to identify and attack cancer cells, offering innovative treatment alternatives to traditional chemotherapy and radiation therapies. Immuno-oncology therapies include monoclonal antibodies, checkpoint inhibitors, cancer vaccines, and cell-based therapies such as CAR-T cells. The growth of this market is primarily driven by advancements in biotechnology, an improved
GLP 1 Market Projected to Reach $221.8 Billion by 2034, Growing at 9% CAGR | Overall Study Report
GLP 1 Market Projected to Reach $221.8 Billion by 2034, Growing at 9% CAGR | Ove …
The GLP 1 Market is experiencing unprecedented growth, fueled by the rising prevalence of type 2 diabetes and obesity globally. GLP-1, or glucagon-like peptide-1 receptor agonists, represents a groundbreaking therapeutic class that improves insulin secretion, reduces glucagon production, and slows gastric emptying. These mechanisms not only enhance glycemic control but also support weight management, making GLP-1 therapies a preferred choice among healthcare providers and patients alike. Over the years, the
Autonomous Bus Market to Expand to $11.6 Billion by 2034, Advancing at 18.8% CAGR | Key Players: EasyMile, Navya, Aurrigo
Autonomous Bus Market to Expand to $11.6 Billion by 2034, Advancing at 18.8% CAG …
Market Overview Autonomous Bus Market is revolutionizing the future of urban mobility through advanced automation technologies. Valued at $2.1 billion in 2024, the market is projected to reach $11.6 billion by 2034, expanding at a strong CAGR of 18.8%. This market focuses on the development and deployment of self-driving buses equipped with cutting-edge sensors, artificial intelligence, and vehicle-to-everything (V2X) communication systems. These buses are designed to improve road safety, enhance passenger
Automotive Tire Market to Attain $976.7 Billion by 2034, Growing at 9.2% CAGR | Key Players: Apollo Tyres, Nokian Tyres, Hankook Tire
Automotive Tire Market to Attain $976.7 Billion by 2034, Growing at 9.2% CAGR | …
Market Overview Automotive Tire Market is experiencing remarkable growth as the industry embraces innovation, sustainability, and digital transformation. Valued at $406 billion in 2024, the market is projected to soar to $976.7 billion by 2034, reflecting a CAGR of 9.2%. This expansion is primarily driven by the surge in global vehicle production, growing consumer preference for durable and high-performance tires, and the increasing adoption of smart tire technologies. The Automotive Tire

All 5 Releases


More Releases for Forging

Key Trends Reshaping the Aerospace Forging Market: Global Aerospace Forging Mark …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. Aerospace Forging Market Size Growth Forecast: What to Expect by 2025? In recent years, the aerospace forging market has seen significant growth. The market size, which is predicted to be $33.71 billion in 2024, is expected to rise to $36.32 billion in 2025, with a compound annual growth rate
Key Trends Shaping the Future Aerospace Forging Market From 2025-2034: Global Ae …
Which drivers are expected to have the greatest impact on the over the aerospace forging market's growth? The aircraft forging market is anticipated to expand due to an increase in aircraft production. The construction of airplanes along with parts like propulsion systems, avionics, and other related equipment is referred to as aircraft production. Forged elements, being far sturdier and robust compared to bar stock and casting produced parts, are favored in
Key Trends Shaping the Future Aerospace Forging Market From 2025-2034: Global Ae …
Which drivers are expected to have the greatest impact on the over the aerospace forging market's growth? The aircraft forging market is anticipated to expand due to an increase in aircraft production. The construction of airplanes along with parts like propulsion systems, avionics, and other related equipment is referred to as aircraft production. Forged elements, being far sturdier and robust compared to bar stock and casting produced parts, are favored in
Forging Market Analysis and Forecast 2024-2031: A Focus on Top Key Players, Size …
Global Forging Market Growing Demand and Growth Opportunity 2024-2031: The Coherent Market Insights A new report research on the Forging Market from 2024 to 2031 provides accurate economic, global, and country-level predictions and analyses. It presents a comprehensive view of the competitive landscape, along with a detailed supply chain analysis to aid businesses in detecting significant industry practice changes. Additionally, the market report assesses the present state of the Forging industry
Forging Market 2022 - 2028: Remarkable Growth Factors That Is Changing the Cours …
The latest release from Coherent Market Insights titled Forging Market Research Report 2022-2027 (by Product Type, End-User / Application, and Regions / Countries) provides an in-depth assessment of the Forging including key market trends, upcoming technologies, industry drivers, challenges, regulatory policies, key players company profiles, and strategies. Global Forging Market study with 100+ market data Tables, Pie Chat, Graphs & Figures is now released BY CMI. The report presents a
Metal Forging Market :- Ansteel Vigano' Srl., Arconic, ATI., Bharat Forge, Bruck …
The Metal Forging market report gives an inside and out cognizance about market development by seeking past advancements, and contemplating the current circumstance and future gauges dependent on dynamic and likely regions. The detail investigation of the Metal Forging market dependent on elite players, present, past and cutting edge information which will offer as a gainful guide for all Metal Forging Market contenders. This report covers a thorough analysis of