The global demand for Forging Market is presumed to reach the market size of nearly USD XX Million by 2032 from USD XX Million in 2023 with a CAGR of XX% under the study period 2024-2032.
Forging is a process of shaping material by applying compressive forces by forging machines or by using power hammers. This process can be carried out on substance in both cold and hot state. Bolts, connecting rods, turbine shafts, crane hooks, hand tools, gears, and other components used in machine manufacturing are some of the forged parts. They hold excellent property like toughness, strength, stress, and reliability. Forging activities find diverse application in many industries some of them are automotive, aerospace, mining and oil & gas industries.
Automotive is the largest consumption of forged components for the production of valve bodies, fitting, high-pressure valve, and flanges. Hence the growth of the forging market directly depends on the growth of the automotive sector. Also, forging find extensive application across aerospace and oil & gas industry which is also expected to boost the market growth. On the flip side, the availability of alternate metal forming technique is likely to hamper the market.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Forging. The growth and trends of Forging industry provide a holistic approach to this study.
This section of the Forging market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
By End-Use industry
By Order
By Raw Material
This section covers the regional outlook, which accentuates current and future demand for the Forging market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Forging market include Bharat Forge Limited., Alcoa, Precision Castparts, ATI Ladish Forging, HHI Forging, American Axle & Manufacturing Holdings, Ellwood Group, FRISA, Scot Forge. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
1. PREFACE
1.1. Report Description
1.1.1 Objective
1.1.2 Target Audience
1.1.3 Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1 Market Research Process
1.3.2 Market Research Methodology
2. EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3. FORGING – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 Market Attractiveness Analysis By Type
3.7.2 Market Attractiveness Analysis By End-Use industry
3.7.3 Market Attractiveness Analysis By Order
3.7.4 Market Attractiveness Analysis By Raw Material
3.7.5 Market Attractiveness Analysis By Region
4. VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1 List of Raw Materials
4.2.2 Raw Material Manufactures List
4.2.3 Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1 Direct Marketing
4.4.2 Indirect Marketing
4.4.3 Marketing Channel Development Trend
5. GLOBAL FORGING MARKET ANALYSIS BY TYPE
5.1. Overview By Type
5.2. Historical and Forecast Data Analysis By Type
5.3. Open Die Forging Historic and Forecast Sales By Regions
5.4. Closed Die Forging Historic and Forecast Sales By Regions
5.5. Seamless Forging Historic and Forecast Sales By Regions
5.6. Roll Forging Historic and Forecast Sales By Regions
5.7. Upset Forging Historic and Forecast Sales By Regions
5.8. Precision Die Forging Historic and Forecast Sales By Regions
5.9. Rotary Forging Historic and Forecast Sales By Regions
5.10. Others Historic and Forecast Sales By Regions
6. GLOBAL FORGING MARKET ANALYSIS BY END-USE INDUSTRY
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