NEW YORK, June 28, 2018 /PRNewswire/ -- About Forging
Forging involves the processing of metal through pounding, pressing, and squeezing under high-pressure conditions to give it a particular size and shape as desired by customers.
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Technavio's analysts forecast the global forging market to grow at a CAGR of 5.42% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global forging market for 2018-2022. To calculate the market size, the report considers the revenue generated from the use of forging in various end-user industries.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Forging Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• AICHI STEEL
• Alcoa
• ATI
• Bharat Forge
• NIPPON STEEL & SUMITOMO METAL
• thyssenkrupp
Market driver
• Growing investments in renewable energy
• For a full, detailed list, view our report
Market challenge
• Lightweight materials used for automobile manufacturing
• For a full, detailed list, view our report
Market trend
• Integration of Internet of Things (IoT) with forging technology
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Read the full report: https://www.reportlinker.com/p02225697
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