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Metal Forging Market Opportunities, Sales, Revenue, Gross Margin & Trends Analysis Report 2023

Forging is a manufacturing process involving the shaping of a metal through hammering, pressing, or rolling.
Published 17 October 2023

Metal Forging report published by QYResearch reveals that COVID-19 and Russia-Ukraine War impacted the market dually in 2022. Global Metal Forging market is projected to reach US$ 105540 million in 2029, increasing from US$ 71750 million in 2022, with the CAGR of 5.6% during the period of 2023 to 2029. Demand from Automotive and Defense and Aerospace are the major drivers for the industry.

 

Global Metal Forging key players include Precision Castparts Corp., Howmet Aerospace Inc., Nippon Steel, Thyssenkrupp, KOBELCO, etc. Global top five manufacturers hold a share over 13%.

Global Leading Market Research Publisher QYResearch announces the release of its lastest report “Global Metal Forging Market Report, History and Forecast 2018-2029, Breakdown Data by Manufacturers, Key Regions, Types and Application”. Based on historical analysis (2018-2022) and forecast calculations (2023-2029), this report provides a comprehensive analysis of the global Metal Forging market, including market size, share, demand, industry development status, and forecasts for the next few years. Provides advanced statistics and information on global market conditions and studies the strategic patterns adopted by renowned players across the globe.It aims to help readers gain a comprehensive understanding of the global Metal Forging market with multiple angles, which provides sufficient supports to readers’ strategy and decision making. As the market is constantly changing, the report explores competition, supply and demand trends, as well as the key factors that contribute to its changing demands across many markets.

 

Global Metal Forging Market: Driven factors and Restrictions factors

The research report encompasses a comprehensive analysis of the factors that affect the growth of the market. It includes an evaluation of trends, restraints, and drivers that influence the market positively or negatively. The report also outlines the potential impact of different segments and applications on the market in the future. The information presented is based on historical milestones and current trends, providing a detailed analysis of the production volume for each type from 2018 to 2029, as well as the production volume by region during the same period.

【Get a free sample PDF of this report (Including Full TOC, List of Tables & Figures, Chart)】 

https://www.qyresearch.com/reports/1219337/metal-forging

Overall, this report strives to provide you with the insights and information you need to make informed business decisions and stay ahead of the competition.

All findings, data and information provided in the report have been verified and re-verified with the help of reliable sources. The analysts who wrote the report conducted in-depth research using unique and industry-best research and analysis methods.

The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.

The Metal Forging market is segmented as below:


By Company

    Precision Castparts Corp. (Berkshire Hathaway)

    Howmet Aerospace Inc.

    Allegheny Technologies Incorporated (ATI)

    Thyssenkrupp

    Nippon Steel

    VSMPO-AVISMA

    KOBELCO

    Aichi Steel

    Aubert & Duval (Eramet)

    Bharat Forge

    American Axle and Manufacturing (AAM)

    AVIC Heavy Machinery

    Wanxiang Qianchao

    FAW

    FRISA

    Farinia Group

    Longcheng Precision Forging

    Pacific Precision Forging

    Jinma Industrial Group

    Mahindra Forgings Europe

    Jinan Sinotruck Co.

    CITIC Heavy Industries

    Dongfeng Forging

    Acerinox S.A.

    Jiangyin Hengrun Heavy Industries

    Tongyu Heavy Industry

    Wuxi Paike New Material Technology

    Scot Forge Company

    Xi’an Triangle Defence Incorporated Company

    Brück GmbH

 

Segment by Type

    Carbon Steel

    Alloy Steel

    Aluminum

    Magnesium

    Stainless Steel

    Titanium

    Others

 

Segment by Application

    Automotive

    Defense and Aerospace

    Shipbuilding

    Power Industry

    Oil and Gas

    Construction Machinery

    Agriculture

    Others

 

This information will help stakeholders make informed decisions and develop effective strategies for growth. The report's analysis of the restraints in the market is crucial for strategic planning as it helps stakeholders understand the challenges that could hinder growth. This information will enable stakeholders to devise effective strategies to overcome these challenges and capitalize on the opportunities presented by the growing market. Furthermore, the report incorporates the opinions of market experts to provide valuable insights into the market's dynamics. This information will help stakeholders gain a better understanding of the market and make informed decisions.

 

Each chapter of the report provides detailed information for readers to further understand the Metal Forging market:

Chapter 1: Metal Forging Market Product Definition, Product Types, Sales Volume and Revenue analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023.

Chapter 2: Manufacturer Competition Status, including Sales and Revenue comparison, Manufacturers’ commercial date of Metal Forging, product type offered by each manufacturer, Mergers & Acquisitions activities, Expansion activities occurred in the Metal Forging industry.

Chapter 3: Metal Forging Market Historical (2018-2022) and forecast (2023-2029) sales and revenue analysis of Metal Forging in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.

Chapter 4: Metal Forging Product Application, Volume and Revenue analysis of Each Application in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023.

Chapter 5 to 9: Metal Forging Country Level analysis of North America, Europe, Asia-Pacific, Latin America, Middle East and Africa, including volume and revenue analysis.

Chapter 10: Manufacturers’ Outline, covering company’s basic information like headquarter, contact information, major business, Metal Forging introduction, etc. Metal Forging Sales, Revenue, Price and Gross Margin of each company as well as Recent Development are also contained in this part.

Chapter 11: Industry Chain, including raw materials, manufacturing cost, are covered. In addition, market opportunities and challenges are emphasized as well in the chapter.

Chapter 12: Market Channel, Distributors and Customers are listed.

Chapter 13: QYResearch’s Conclusions of Metal Forging market based on comprehensive survey.

Chapter 14: Methodology and Data Sources.

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To contact us and get this report: https://www.qyresearch.com/contact-us

 

About Us:

QYResearch founded in California, USA in 2007, which is a leading global market research and consulting company. Our primary business include market research reports, custom reports, commissioned research, IPO consultancy, business plans, etc. With over 16 years of experience and a dedicated research team, we are well placed to provide useful information and data for your business, and we have established offices in 6 countries (include United States, Germany, Japan, Korea, China and India) and business partners in over 30 countries. We have provided industrial information services to more than 60,000 companies in over the world.

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