Construction & Manufacturing

Forging Market in North America 2015-2019

  • TEC170802
  • 65 Pages
  • January 2015
  • Construction & Manufacturing
About Forging
Forging is a process in which metals are shaped into desired designs by applying compressive forces. This technique is very robust compared to other metal-shaping techniques because of the strength acquired by the metal during forging. Some metals are processed hot, while others are processed cold. There are several forging methods such as closed die, press, and upset forging; open die forging; and cold forging. The Automotive industry is the major end-user of forged products, followed by the Engineering Machinery and Railway industries.

TechNavio's analysts forecast the Forging market in North America to grow at a CAGR of 4.55 percent over the period 2014-2019.

Covered in this Report
The Forging market in North America can be segmented into three major product segments: Impression Die, Open Die, and Rolled Rings.
TechNavio's report, the Forging market in North America 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers North America; it also covers the Forging market in North America landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Regions
North America

Key Vendors
Alcoa
American Axle & Manufacturing Holdings
Precision Castparts

Other Prominent Vendors
Ellwood Group
ATI Ladish Forging
FRISA
General Dynamics Ordnance & Tactical Systems
HHI Forging
Patriot Forge
Scot Forge
Sumitomo
Sypris Solutions
ThyssenKrupp

Market Driver
Increased Demand for Ferrous Metal
For a full, detailed list, view our report

Market Challenge
Increased Use of Casting and Stamping Processes
For a full, detailed list, view our report

Market Trend
Increase in Focus Toward Development of New Technology
For a full, detailed list, view our report

Key Questions Answered in this Report
What will the market size be in 2018 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?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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