Press release
Global Metal Forging Market is projected to reach USD 147.00 billion by 2029, exhibiting a Compound Annual Growth Rate (CAGR) of 6.3% during the forecast period of 2023-2029
Global Metal Forging Market
Maximize Market Research Pvt. Ltd., a leading market research firm based in Pune, India, has released an extensive and insightful market research report on the Global Metal Forging Market. The report provides a comprehensive analysis of the current market trends, growth prospects, and the impact of the COVID-19 pandemic on the industry.
View Report: https://www.maximizemarketresearch.com/market-report/global-metal-forging-market/65114/
The report provides insights into key players' strategies, including organic and inorganic growth tactics such as mergers and acquisitions, collaborations, expansions, new product launches, and patents. These strategies aim to enhance regional presence and business operations.
Request a Free Sample Copy or View Report Summary: https://www.maximizemarketresearch.com/request-sample/65114
What are Global Metal Forging Market Dynamics?
The Metal Forging Market report presents an overview of the forging process, wherein the workpiece is shaped through compressive forces applied using various dies and tooling. From its historical use in jewelry making to modern applications in aerospace, machinery, and automotive industries, forging has evolved significantly. The report highlights key factors driving market growth, including the rising demand for both passenger and commercial vehicles, increased production of commercial aircraft, and the growing need for metal forged parts in the nuclear power sector.
The report segments the market based on process, raw material, application, and region. The conventional forging process dominated the market in 2022 due to its high production rate and efficient material utilization. The automotive industry accounted for a significant market share in 2022 and is expected to continue its dominance, with forged components being preferred for their durability and reliability. The construction and aerospace sectors are also notable application areas for metal forged parts.
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What is Global Metal Forging Market Regional Insight?
Geographically, the Asia-Pacific (APAC) region is poised to hold a substantial market share over the forecast period, driven by the burgeoning manufacturing sector in countries like China and India. China, the world's largest producer and consumer of forged products, is experiencing robust market growth, supported by government initiatives in aluminum forged component production. North America and Europe are also significant regions in the metal forging market due to their strong demand from industries like automotive and aerospace.
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What is Global Metal Forging Market Segmentation?
by Process
Open-die Forging
Closed die
Blocker
Conventional
Precision
by Raw Material
Carbon Steel
Alloy steel
Aluminium
Magnesium
Stainless Steel
Titanium
Others
by Application
Automotive
Aerospace
Oil & Gas
Construction
Agriculture
Others
Purchase Report : https://www.maximizemarketresearch.com/market-report/global-metal-forging-market/65114/
Who are Global Metal Forging Market Key Players?
1.Bruck GmbH
2.Larsen & Toubro (L&T) Limited
3.Bharat Forge Ltd.
4.China First Heavy Industries
5.ELLWOOD Group Inc.
6.Arconic
7.ATI
8.Bharat Forge Ltd
9.Japan Casting & Forging Corp
10.Scot Forge
11.Nippon Steel Corporation
12.Aichi Steel Corporation
13.Allegheny Technologies Inc.
14.American Axle & Manufacturing Inc.
15.ThyssenKrupp AG
16.L&T Special Steel and Heavy Forgings
17.All Metals & Forge Group
18.Schuler AG
19.Hilton Metal Forging Ltd.
Table of content for the Global Metal Forging Market includes:
Global Generation IV Reactors Market: Research Methodology
Global Generation IV Reactors Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Generation IV Reactors Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape
Market Size, Share, Size & Forecast by different segment |
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
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Contact Maximize Market Research:
MAXIMIZE MARKET RESEARCH PVT. LTD.
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Chicago, IL, 60606, USA.
✆ +1 800 507 4489
✆ +91 9607365656
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www.maximizemarketresearch.com
About Maximize Market Research:
Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
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