Forging
Market will register a CAGR of % during 2020-2024. The market’s growth
momentum will Accelerate.
developments in robotics will be one of the major factors driving the growth
of this market. Additionally, key Forging Market trends such as the benefits of
forging over other fabrication techniques will also influence market growth
during the forecast period.
Forging Market Size
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growth and the market share of various regions
During the forecast period, the Forging Market size will grow by 14.14 mn t.
Forging Market : Vendors
The market is fragmented and owing to the growth opportunities, the level of
competition among the companies in this market space will intensify further.
are some of the major companies in the Forging Market. Though the forecast period
offers opportunities for vendors to increase their market share, factors such
as the will also challenge the growth of the companies.
Aichi Steel Corp. | Alcoa Corp. | Allegheny Technologies Inc. | American
Axle & Manufacturing Inc. | Arconic Inc. | Bharat Forge Ltd. | Bruck GmbH |
Nippon Steel Corp. | Sumitomo Electric Industries Ltd. | thyssenkrupp AG.list
are some of the companies covered in Technavio’s Forging Market report for
2020-2024.
Forging Market : Region-level Analysis
The report identifies region-level market dynamics, developments, and key
markets. The regional level analysis also identifies the market share, growth
momentum, and key leading countries in the Forging Market.
The APAC will account for the largest Forging Market share and during
2020-2024, the region will contribute to 65% of the market’s growth.
In addition to regions and the key companies involved, Technavio’s Forging
Market report also analyzes the market by Closed die forging | Open die forging
| Seamless rings | Automotive | Others | APAC | Europe | MEA | North America |
South America.comma
Our Custom Research Solutions can provide
tailored Forging Market information to meet your specific
requirements.
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