Forging Industry 2018: Application in Commercial Vehicle Sector Drives the Growth Says a New Research Report at ReportsnReports.com - WMBB News 13 - The Panhandle's News Leader

Forging Industry 2018: Application in Commercial Vehicle Sector Drives the Growth Says a New Research Report at ReportsnReports.com

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Global Forging Industry 2014-2018 profiles key players like Bharat Forged Ltd., Nippon Steel and Sumitomo Metal Corp., Thyssen Krupp AG, Aichi Steel Corp., Alcoa Inc., Allegheny Technologies Inc., KITZ Corp., Mahindra Forging Ltd., Schuler AG, SNT Corp.

Dallas, Texas (PRWEB) July 09, 2014

The need to minimize overall costs is one of the major reasons for outsourcing forging activities to low-cost countries. Many of the low-cost countries in the APAC region and Eastern Europe have emerged as preferred destinations for companies operating in the Global Forging industry . In the APAC region, Vietnam, Taiwan, India, and China are the most preferred low-cost countries while in Eastern Europe, the Czech Republic, Hungary, and Poland are some of the major low-cost countries in this industry.

Analysts forecast the Global Forging industry will grow at a CAGR of 9.73 percent over the period 2014-2018. According to the report, the Automotive industry is the largest end-user of products manufactured by the Global Forging industry and growth in the Commercial Vehicles segment of the Automotive industry is one of the major drivers of the Global Forging industry. The increase in infrastructure spending in developed countries has pushed up demand for commercial vehicles, which has led to greater demand for forged products.

This report covers the present scenario and the growth prospects of the Global Forging industry for the period 2014-2018. The Global Forging industry can be divided into four major segments: Closed Die, Press, Upset Forging, Open Die Forging, Cold Forging, and Closed Die Forging for Non-ferrous Metals.

Global Forging Industry 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the APAC and EMEA regions and the Americas; it also covers the Global Forging industry landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

The report recognizes the following companies as the key players in Global Forging Industry: Bharat Forged Ltd., Nippon Steel and Sumitomo Metal Corp., Thyssen Krupp AG, Aichi Steel Corp., Alcoa Inc., Allegheny Technologies Inc., KITZ Corp., Mahindra Forging Ltd., Schuler AG, SNT Corp.

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Key Market Driver

  •     Growth in Commercial Vehicle Industry.

Key Market Challenge

  •     Stricter Rules and Regulations for Forging Industry.

Key Market Trend

  •     Increasing Sourcing of Forging Activities to Low-cost Countries.

Further, the report states that stricter rules and regulations for the Global Forging industry is one of the major challenges because most of the environmental and workplace safety laws have an adverse effect on the industry.

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?

Table of Contents

01. Executive Summary

02. List of Abbreviations

03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings

04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology

05. Introduction

06. Market Landscape
06.1 Market Overview
06.2 Market Size and Forecast
06.2.1 Global Forging Industry by Production Output
06.2.2 Global Forging Industry by Revenue
06.3 Five Forces Analysis

07. Market Segmentation by Technology

08. Market Segmentation by End-users

09. Geographical Segmentation

10. Key Leading Countries
10.1 China
10.2 Germany
10.3 India

11. Buying Criteria

12. Market Growth Drivers

13. Drivers and their Impact

14. Market Challenges

15. Impact of Drivers and Challenges

16. Market Trends

17. Trends and their Impact

18. Vendor Landscape

19. Key Vendor Analysis

List of Exhibits:

Exhibit 1: Market Research Methodology
Exhibit 2: Market Overview: Global Forging Industry
Exhibit 3: Global Forging Industry by Production Output 2013-2018 (million metric ton)
Exhibit 4: Global Forging Industry 2013-2018 (US$ billion)
Exhibit 5: Global Forging Industry by Closed Die, Press, and Upset Forging 2013-2018 (million metric ton)
Exhibit 6: Global Forging Industry by Open Die Forging 2013-2018 (million metric ton)
Exhibit 7: Global Forging Industry by Cold Forging 2013-2018 (million metric ton)
Exhibit 8: Global Forging Industry by Closed Die Forging for Non-Ferrous Metals 2013-2018 (million metric ton)
Exhibit 9: Automotive Industry in the Global Forging Industry 2013-2018 (million metric ton)
Exhibit 10: Engineering Machinery Industry in the Global Forging Industry 2013-2018 (million metric ton)

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