Press release
Metal Forging Market to Reach USD 156.24 Billion by 2030
Metal Forging Market
๐๐๐ญ๐๐ฅ ๐ ๐จ๐ซ๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The global metal forging market plays a crucial role in the manufacturing of various components that are fundamental to industries such as automotive, aerospace, and construction. Forging is a process where metal is shaped under high pressure, utilizing tools and dies to create durable and precise parts. Historically, metal forging has been used for creating essential items such as jewelry, coins, and tools. Today, the scope of metal forging extends to producing large industrial components like turbine rotors, gears, bolts, and structural parts for machinery, railways, and vehicles. The growth of this market is attributed to the increasing demand for forged components in various sectors, driven by technological advancements and the need for enhanced durability, strength, and reliability in products.
๐๐๐ง๐ญ ๐ญ๐จ ๐๐๐ ๐ญ๐ก๐ ๐๐ซ๐๐ง๐๐ฌ? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ: https://www.maximizemarketresearch.com/request-sample/65114/
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ญ๐๐ฅ ๐ ๐จ๐ซ๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ:
Several factors are driving the expansion of the metal forging market. One of the primary drivers is the rising demand for forged parts in the automotive industry, where components need to exhibit high strength, durability, and reliability. The automotive industry's reliance on forging for parts like engine components, crankshafts, and suspension parts is a significant growth factor. In addition, the booming aerospace sector, with its requirement for lightweight yet robust parts for aircraft and spacecraft, is further fueling market demand. Another key driver is the rapid growth in the production of commercial vehicles, coupled with advancements in nuclear power plants that require high-performance forged components. As industries such as construction, aerospace, and power generation continue to grow, the demand for forged parts is expected to increase, driving the market's expansion.
๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ญ๐๐ฅ ๐ ๐จ๐ซ๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ:
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ:
Vietnam's growing manufacturing sector and infrastructure development are expected to drive the demand for forged metal parts. The rise in automobile production and an increasing number of foreign investments in the manufacturing industry offer significant opportunities for market growth. Local companies, as well as global players, are expanding their operations to tap into this lucrative market.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐๐๐ฒ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.maximizemarketresearch.com/inquiry-before-buying/65114/
๐ ๐จ๐ซ๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐:
In Thailand, the metal forging market is set to grow due to increased demand from the automotive and construction industries. The country's emphasis on infrastructure development and the automotive sector's expansion, particularly in electric vehicles (EVs), is boosting the demand for forged components. As Thailand continues to invest in modern manufacturing technologies, it is poised to be a key player in Southeast Asia's forging market.
๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐:
South Korea's metal forging industry is benefiting from the country's heavy reliance on steel and aerospace production. The government's support for advanced manufacturing technologies and its push towards automation are significant contributors to market growth. South Korean manufacturers are also increasingly investing in high-performance forged products to cater to the demand from the automotive and shipbuilding sectors.
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ:
The U.S. is a major player in the global metal forging market, with significant demand from the automotive, aerospace, and defense industries. The market is benefiting from the implementation of new regulations aimed at fostering innovation and reducing manufacturing costs. The demand for high-strength materials, particularly for military and aerospace applications, continues to drive growth.
๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐:
Europe's metal forging industry is seeing growth due to the recovery of the automotive and aerospace sectors. The region's focus on sustainable manufacturing and innovations in lightweight materials for automotive components is creating new opportunities. Companies in Europe are also investing heavily in research and development to improve forging technologies and expand their product offerings.
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐ง๐๐จ? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ฎ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐: https://www.maximizemarketresearch.com/request-sample/65114/
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ญ๐๐ฅ ๐ ๐จ๐ซ๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ:
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
๐ ๐จ๐ซ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐จ๐ฎ๐ญ ๐๐ก๐ข๐ฌ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐ฅ๐๐๐ฌ๐ ๐๐ข๐ฌ๐ข๐ญ: https://www.maximizemarketresearch.com/market-report/global-metal-forging-market/65114/ ๏ปฟ๏ปฟ
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐๐๐ญ๐๐ฅ ๐ ๐จ๐ซ๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
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.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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