Global Forging Market : Revenue, Opportunity, Segment and Key Trends 2018-2025Posted by Bharat Book on December 6th, 2018 Bharat Book Bureau Provides the Trending Market Research Report on “Global Forging Market Size study, by Product (Rolled Rings, Open Die, Impression Die), by Application (Automotive Industry, Aerospace Industry, Oil & Gas industry, other) and Regional Forecasts 2018-2025” under Heavy Industry category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports. Global Forging Market to reach USD 110.84 billion by 2025 Global Forging Market valued approximately USD 67.88 billion in 2017 is anticipated to grow with a healthy growth rate of more than 6.32% over the forecast period 2018-2025. The major driving factor of global forging market are growing automotive industry, rising investment in the renewable energy, high strength metal components and cost effective method of metal forming. The major restraining factor of global forging market are increasing usage of casting or stamping process, rising demand for plastics as substitute and environmental rules & regulation and availability of light materials for automotive manufacturing. Forging refers to a process of shaping the material by applying compressive force manually by forging machines or with the use of power hammers. These forged parts include bolts, connecting rods, turbine shafts, crane hooks, hand tools, gears, and other components used in machine manufacturing. Forging process can be carried out on materials in either cold or hot state. Forgings can target a lower total cost compared to casting or fabrication. Hot forging prevents the work hardening that would result from cold forging which would increase the difficulty of performing secondary machining operations on the piece. When metal is shaped during the forging process, its internal grain texture deforms to follow the general shape of the part.
Request a free sample copy of Forging Market Report @ https://www.bharatbook.com/marketreports/Sample/Reports/1293552 The regional analysis of Global Forging Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific has accounted the leading share with 55% in 2017 of total generating revenue across the globe due to rapid rise of construction and automotive industries in the region and continuously growing over the coming years. Europe is also contributing major share in the global market of Forging. North American region is also anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025 due to large number of global players in the region. The major market player included in this report are:
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below: By Product: - Rolled Rings- Open Die- Impression Die By Application: - Automotive Industry- Aerospace Industry- Oil & Gas industry- Other By Regions:- North America - U.S. - Canada- Europe - UK - Germany- Asia Pacific - China - India - Japan- Latin America - Brazil - Mexico- Rest of the World Furthermore, years considered for the study are as follows: Historical year - 2015, 2016 Base year - 2017 Forecast period - 2018 to 2025 Target Audience of the Global Forging Market in Market Study: - Key Consulting Companies & Advisors- Large, medium-sized, and small enterprises- Venture capitalists- Value-Added Resellers (VARs)- Third-party knowledge providers- Investment bankers- Investors Browse our full report with Table of Contents : https://www.bharatbook.com/marketreports/global-forging-market-size-study-by-product-rolled-rings-open-die-impression-die-by-application-automotive-industry-aero/1293552 About Bharat Book Bureau: Bharat Book is Your One-Stop-Shop with an exhaustive coverage of 4,80,000 reports and insights that includes latest Market Study, Industry Trends & Analysis, Forecasts & Customized Intelligence, Newsletters and Online Databases. Overall a comprehensive coverage of major industries with a further segmentation of 100+ subsectors. Contact us at: Bharat Book Bureau Tel: +91 22 27810772 / 27810773 Email: poonam@bharatbook.com Website: www.bharatbook.com Follow us on : Twitter, Facebook, LinkedIn, Google Plus Like it? Share it! More by this author |
