The latest trending report Global Forging Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis. The report will assist reader with better understanding and decision making.
Forging is a manufacturing process involving the shaping of metal using localized compressive forces. The blows are delivered with a hammer (often a power hammer) or a die. Forging is often classified according to the temperature at which it is performed: cold forging (a type of cold working), warm forging, or hot forging (a type of hot working). For the latter two, the metal is heated, usually in a forge. Forged parts can range in weight from less than a kilogram to hundreds of metric tons. Forging has been done by smiths for millennia; the traditional products were kitchenware, hardware, hand tools, edged weapons, cymbals, and jewellery. Since the Industrial Revolution, forged parts are widely used in mechanisms and machines wherever a component requires high strength; such forgings usually require further processing (such as machining) to achieve a finished part. Today, forging is a major worldwide industry.
The worldwide market for Forging is expected to grow at a CAGR of roughly 5.4% over the next five years, will reach 52000 million US$ in 2024, from 38000 million US$ in 2019.
This report focuses on the Forging in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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Market Segment by Manufacturers, this report covers
- Nippon Steel & Sumitomo Metal
- Aichi Steel
- Bharat Forge Limited
- Mahindra Forgings Europe
- Farinia Group
- Longcheng Forging
- Dongfeng Forging
- Jiangsu Pacific Precision Forging
- Sypris Solutions
- Ashok Leyland Limited
- Allegheny Technologies
- VDM Metals
- CITIC Heavy Industries
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Closed Die Forgings
- Open Die Forgings
- Rolled Rings Forgings
Market Segment by Applications, can be divided into
- Powertrain Components
- Chassis Components
- Transmission Parts
- Other Parts
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The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Forging product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Forging, with price, sales, revenue and global market share of Forging in 2017 and 2018.
Chapter 3, the Forging competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Forging breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Forging market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Forging sales channel, distributors, customers, research findings and conclusion, appendix and data source.
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