Insights into the Industry
The forging and casting industry has been witnessing optimal growth in recent years and is likely to continue even in upcoming years. The growth of forging and casting ’s industry size can be attributed to rising investments in research & development activities, entry of new players, product innovation, technological breakthroughs, effective allocation of resources, and growing competition among business rivals to expand its regional as well as customer base. Supportive government policies and incentives, as well as favorable laws, are projected to determine the growth of the forging and casting market in foreseeable future. An increase in the spending capacity of customers with the rise in disposable income will further contribute towards forging and casting 's market proceeds.
This market research report is a comprehensive overview of the events taking place in the forging and casting industry and impacting its growth. Our report divides the forging and casting market into various segments or categories based on products, applications, region, etc. Additionally, our research analysts have listed the key players of the global forging and casting market and compared them based on metrics such as market revenue, Y-O-Y sales, shipments volume, historical data, and successful implementation of business strategies such as strategic alliances, mergers & acquisitions, joint ventures, product development, and partnerships & collaborations.
Market Research Store (MRS) published a brand new report titled “Forging and Casting Market research report which is segmented by Products (Forging, Casting), by Applications (Automobile, Mining, Construction, Industrial, Others), by Key Players/Companies Allegheny Technologies, Nippon Steel & Sumitomo Metal, Bharat Forged, Alcast Technologies, Gibbs Die Casting, Schuler Group, Mahindra Forgings Europe AG, Consolidated Metco, ATI, Siempelkamp Group, SNT, KITZ, Dynacast International, Arconic, Alcoa, ThyssenKrupp AG, Ryobi, Aichi Steel”. In 2020, the global forging and casting market value was registered at XX (USD Million/Billion) and is predicted to reach XX (USD Million/Billion) at a CAGR of XX% by 2028.
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| Report Attributes | Report Details |
|---|---|
| Report Title | Forging and Casting Market Research Report |
| By Products | Forging, Casting |
| By Applications | Automobile, Mining, Construction, Industrial, Others |
| By Key Players | Allegheny Technologies, Nippon Steel & Sumitomo Metal, Bharat Forged, Alcast Technologies, Gibbs Die Casting, Schuler Group, Mahindra Forgings Europe AG, Consolidated Metco, ATI, Siempelkamp Group, SNT, KITZ, Dynacast International, Arconic, Alcoa, ThyssenKrupp AG, Ryobi, Aichi Steel |
| Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East And Africa (MEA) |
| Countries Covered | North America : U.S and Canada Europe : U.K, Spain, Germany, Italy, Russia, France, Rest of Europe APAC : Japan, India, China, Australia, South Korea, South East Asia, Rest of Asia Pacific Latin America : Mexico, Brazil The Middle East And Africa : South Africa, UAE, Saudi Arab, Rest of MEA |
| Base Year | 2020 |
| Historical Year | 2016to 2020 (Depending on availability, data from 2010 can be offered) |
| Forecast Year | 2028 |
| Number of Pages | 126 |
| Customization Available | Yes, the report can be tailored to meet your specific requirements. |
Based on these findings, the global forging and casting industry study suggests strategies to existing market participants as to how they can improve & reinforce their market position. In addition to this, the study also recommends successful market penetrating strategies for new entrants. Furthermore, forging and casting industry study report has included all major manufacturers and distributors operating in the forging and casting market across all major regions.
Forging and Casting Market Strategic Analysis
Various analytical methods such as Porter’s Five Force Analysis, SWOT analysis, Market Share Analysis, Competitive Analysis, PESTEL Analysis, Market Attractiveness Analysis, and Value Chain Analysis have been used to analyze the market in the research report. These assessments help users of the report in examining and evaluating forging and casting market on the basis of different metrics such as switching costs, economies of scale, current sales, brand loyalty, brand equity, capital investments, production rights, research & development activities, copyrights & patents, legislations, effects of promotional activities, and consumer preferences.
The information provided in our market research report is anticipated to help the industry stakeholders in the effective decision-making process and successful business outcomes. Moreover, we have been using Ansoff Matrix to help firms analyze and plan their business growth strategies.
Additionally, our report contains a growth-share matrix that aids firms’ business decisions for prioritizing their myriad businesses. We have also included GE Nine Cell Matrix that is helpful in making strategic planning and can help firms in determining their position in the market along with analyzing their growth strategies.
Our researchers also make use of the perceptual map to demonstrate how to target consumers feel about a given brand and form perception about it. We have also included the Customer-Based Brand Equity (CBBE) Model for helping firms effectively position their brands.
Forging and Casting Market Key Trends Analysis
The key factors influencing the growth of the forging and casting market have been assessed in the report. Factors having a huge influence on market demand and restraining factors that impact the development of the market are both addressed rigorously & in-depth in our global market research report.
Furthermore, trends that play a key role in market’s growth are discussed comprehensively in the report. Moreover, a large number of qualitative factors or measurements are included in the report and this includes operating risks and major obstacles encountered by players in the industry.
Forging and Casting Market Key Segment Analysis
The report delivers a critical assessment on the forging and casting market by segmenting it based on Products, Applications, and region. All the segments and categories of the forging and casting market have been evaluated based on past, present and future trends and are key parameters determining & defining the growth of the market.
The data for the market and its segments and categories are provided from 2016 to 2028. The report has identified the key segments and categories contributing substantially towards overall market growth in terms of revenue & volume.
Based on Products, the global forging and casting market is segmented into Forging, Casting. Comprehensive qualitative and quantitative this segment analysis will be provided in the report from 2016 to 2028.
Based on Applications, market is divided into Automobile, Mining, Construction, Industrial, Others. A slew of business growth opportunities and dynamics affecting the different segments are analyzed and discussed in the report.
Impact Assessment of COVID-19
The COVID-19 outbreak has wreaked havoc on worldwide economic and social systems. The disease has entered several industries' value and supply chains, including the forging and casting market. The government imposed lockdowns in various locations. We will examine the impact of the COVID-19 pandemic on the global market, looking at both demand and supply.
The COVID-19 pandemic's short- and long-term impacts would be explored to provide a summary. This would help build business plans for all market participants, including manufacturers, vendors, suppliers, distributors, and end-users, during and after the epidemic.
Forging and Casting Market Regional Trends and Market Player’s Analysis
On the basis of region, the market is segregated into North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa.
The major players holding a huge chunk of market share in the global forging and casting market and impacting market profitability are evaluated after considering their product & services revenue, sales, business plans, innovations, and growth rate. The final position of a player in the market depends on market events or market happenings, new product launches, mergers & acquisitions, benchmarking, regional expansions, and technical innovations.
For all the key stakeholders of the market, value chain and technology ecosystem, as well as the information provided in this market research report, will prove beneficial. The study offers an outline of the company’s market share and an extensive summary of the major players in the forging and casting market.
Some of the leading players profiled in the global forging and casting market are,
- Allegheny Technologies
- Nippon Steel & Sumitomo Metal
- Bharat Forged
- Alcast Technologies
- Gibbs Die Casting
- Schuler Group
- Mahindra Forgings Europe AG
- Consolidated Metco
- ATI
- Siempelkamp Group
- SNT
- KITZ
- Dynacast International
- Arconic
- Alcoa
- ThyssenKrupp AG
- Ryobi
- Aichi Steel
The Key Audiences for Forging and Casting Market Report
- Research Institutes & consulting firms
- Industry Leaders, as well as companies, aspiring to enter the forging and casting market
- Student and universities
- Solution Providers, product providers, service providers, and other players in the industry
- Associated private firms and government bodies
- Individuals interested to learn about market
The report segments of the global forging and casting market are as follows:
Global Forging and Casting Market: By Products
- Forging
- Casting
Global Forging and Casting Market: By Applications
- Automobile
- Mining
- Construction
- Industrial
- Others
The Most Important Research Methodologies
Primary sources include industry experts from management corporations, processing organizations, and analytical service providers who serve businesses across the sector's value chain. We interviewed key sources to acquire qualitative and quantitative data and analyse future prospects.
Primary research undertaken for this report comprised interviews with industry professionals such as CEOs, Vice Presidents, Marketing Directors and Technology Directors of strong core organizations and institutions in major forging and casting . We interviewed them to get qualitative and quantitative data.
The following are the justifications for purchasing the global Forging and Casting market report:
- Statistical data is well-referenced, and the source is a significant resource for directing interested companies.
- Market development trends and marketing channels that are cutting-edge are discussed.
- The feasibility and growth rate of the market as a whole over the foreseeable future are determined.
- The competitive landscape and demographic research provide a clear picture of the current state of the market on an international scale.
- A thorough examination of development policies and plans, manufacturing processes, and costing provides a more accurate picture of import/export consumption, supply and demand, pricing, revenue, and gross margins, among other things.
- Customization is possible based on the client's requirements.
Frequently Asked Questions
- Allegheny Technologies
- Nippon Steel & Sumitomo Metal
- Bharat Forged
- Alcast Technologies
- Gibbs Die Casting
- Schuler Group
- Mahindra Forgings Europe AG
- Consolidated Metco
- ATI
- Siempelkamp Group
- SNT
- KITZ
- Dynacast International
- Arconic
- Alcoa
- ThyssenKrupp AG
- Ryobi
- Aichi Steel
Table Of Content
Table of Content 1 Report Overview 1.1 Study Scope 1.2 Key Market Segments 1.3 Regulatory Scenario by Region/Country 1.4 Market Investment Scenario Strategic 1.5 Market Analysis by Type 1.5.1 Global Forging and Casting Market Share by Type (2020-2026) 1.5.2 Forging 1.5.3 Casting 1.6 Market by Application 1.6.1 Global Forging and Casting Market Share by Application (2020-2026) 1.6.2 Automobile 1.6.3 Mining 1.6.4 Construction 1.6.5 Industrial 1.6.6 Others 1.7 Forging and Casting Industry Development Trends under COVID-19 Outbreak 1.7.1 Global COVID-19 Status Overview 1.7.2 Influence of COVID-19 Outbreak on Forging and Casting Industry Development 2. Global Market Growth Trends 2.1 Industry Trends 2.1.1 SWOT Analysis 2.1.2 Porter’s Five Forces Analysis 2.2 Potential Market and Growth Potential Analysis 2.3 Industry News and Policies by Regions 2.3.1 Industry News 2.3.2 Industry Policies 2.4 Industry Trends Under COVID-19 3 Value Chain of Forging and Casting Market 3.1 Value Chain Status 3.2 Forging and Casting Manufacturing Cost Structure Analysis 3.2.1 Production Process Analysis 3.2.2 Manufacturing Cost Structure of Forging and Casting 3.2.3 Labor Cost of Forging and Casting 3.2.3.1 Labor Cost of Forging and Casting Under COVID-19 3.3 Sales and Marketing Model Analysis 3.4 Downstream Major Customer Analysis (by Region) 3.5 Value Chain Status Under COVID-19 4 Players Profiles 4.1 Allegheny Technologies 4.1.1 Allegheny Technologies Basic Information 4.1.2 Forging and Casting Product Profiles, Application and Specification 4.1.3 Allegheny Technologies Forging and Casting Market Performance (2015-2020) 4.1.4 Allegheny Technologies Business Overview 4.2 Nippon Steel & Sumitomo Metal 4.2.1 Nippon Steel & Sumitomo Metal Basic Information 4.2.2 Forging and Casting Product Profiles, Application and Specification 4.2.3 Nippon Steel & Sumitomo Metal Forging and Casting Market Performance (2015-2020) 4.2.4 Nippon Steel & Sumitomo Metal Business Overview 4.3 Bharat Forged 4.3.1 Bharat Forged Basic Information 4.3.2 Forging and Casting Product Profiles, Application and Specification 4.3.3 Bharat Forged Forging and Casting Market Performance (2015-2020) 4.3.4 Bharat Forged Business Overview 4.4 Alcast Technologies 4.4.1 Alcast Technologies Basic Information 4.4.2 Forging and Casting Product Profiles, Application and Specification 4.4.3 Alcast Technologies Forging and Casting Market Performance (2015-2020) 4.4.4 Alcast Technologies Business Overview 4.5 Gibbs Die Casting 4.5.1 Gibbs Die Casting Basic Information 4.5.2 Forging and Casting Product Profiles, Application and Specification 4.5.3 Gibbs Die Casting Forging and Casting Market Performance (2015-2020) 4.5.4 Gibbs Die Casting Business Overview 4.6 Schuler Group 4.6.1 Schuler Group Basic Information 4.6.2 Forging and Casting Product Profiles, Application and Specification 4.6.3 Schuler Group Forging and Casting Market Performance (2015-2020) 4.6.4 Schuler Group Business Overview 4.7 Mahindra Forgings Europe AG 4.7.1 Mahindra Forgings Europe AG Basic Information 4.7.2 Forging and Casting Product Profiles, Application and Specification 4.7.3 Mahindra Forgings Europe AG Forging and Casting Market Performance (2015-2020) 4.7.4 Mahindra Forgings Europe AG Business Overview 4.8 Consolidated Metco 4.8.1 Consolidated Metco Basic Information 4.8.2 Forging and Casting Product Profiles, Application and Specification 4.8.3 Consolidated Metco Forging and Casting Market Performance (2015-2020) 4.8.4 Consolidated Metco Business Overview 4.9 ATI 4.9.1 ATI Basic Information 4.9.2 Forging and Casting Product Profiles, Application and Specification 4.9.3 ATI Forging and Casting Market Performance (2015-2020) 4.9.4 ATI Business Overview 4.10 Siempelkamp Group 4.10.1 Siempelkamp Group Basic Information 4.10.2 Forging and Casting Product Profiles, Application and Specification 4.10.3 Siempelkamp Group Forging and Casting Market Performance (2015-2020) 4.10.4 Siempelkamp Group Business Overview 4.11 SNT 4.11.1 SNT Basic Information 4.11.2 Forging and Casting Product Profiles, Application and Specification 4.11.3 SNT Forging and Casting Market Performance (2015-2020) 4.11.4 SNT Business Overview 4.12 KITZ 4.12.1 KITZ Basic Information 4.12.2 Forging and Casting Product Profiles, Application and Specification 4.12.3 KITZ Forging and Casting Market Performance (2015-2020) 4.12.4 KITZ Business Overview 4.13 Dynacast International 4.13.1 Dynacast International Basic Information 4.13.2 Forging and Casting Product Profiles, Application and Specification 4.13.3 Dynacast International Forging and Casting Market Performance (2015-2020) 4.13.4 Dynacast International Business Overview 4.14 Arconic 4.14.1 Arconic Basic Information 4.14.2 Forging and Casting Product Profiles, Application and Specification 4.14.3 Arconic Forging and Casting Market Performance (2015-2020) 4.14.4 Arconic Business Overview 4.15 Alcoa 4.15.1 Alcoa Basic Information 4.15.2 Forging and Casting Product Profiles, Application and Specification 4.15.3 Alcoa Forging and Casting Market Performance (2015-2020) 4.15.4 Alcoa Business Overview 4.16 ThyssenKrupp AG 4.16.1 ThyssenKrupp AG Basic Information 4.16.2 Forging and Casting Product Profiles, Application and Specification 4.16.3 ThyssenKrupp AG Forging and Casting Market Performance (2015-2020) 4.16.4 ThyssenKrupp AG Business Overview 4.17 Ryobi 4.17.1 Ryobi Basic Information 4.17.2 Forging and Casting Product Profiles, Application and Specification 4.17.3 Ryobi Forging and Casting Market Performance (2015-2020) 4.17.4 Ryobi Business Overview 4.18 Aichi Steel 4.18.1 Aichi Steel Basic Information 4.18.2 Forging and Casting Product Profiles, Application and Specification 4.18.3 Aichi Steel Forging and Casting Market Performance (2015-2020) 4.18.4 Aichi Steel Business Overview 5 Global Forging and Casting Market Analysis by Regions 5.1 Global Forging and Casting Sales, Revenue and Market Share by Regions 5.1.1 Global Forging and Casting Sales by Regions (2015-2020) 5.1.2 Global Forging and Casting Revenue by Regions (2015-2020) 5.2 North America Forging and Casting Sales and Growth Rate (2015-2020) 5.3 Europe Forging and Casting Sales and Growth Rate (2015-2020) 5.4 Asia-Pacific Forging and Casting Sales and Growth Rate (2015-2020) 5.5 Middle East and Africa Forging and Casting Sales and Growth Rate (2015-2020) 5.6 South America Forging and Casting Sales and Growth Rate (2015-2020) 6 North America Forging and Casting Market Analysis by Countries 6.1 North America Forging and Casting Sales, Revenue and Market Share by Countries 6.1.1 North America Forging and Casting Sales by Countries (2015-2020) 6.1.2 North America Forging and Casting Revenue by Countries (2015-2020) 6.1.3 North America Forging and Casting Market Under COVID-19 6.2 United States Forging and Casting Sales and Growth Rate (2015-2020) 6.2.1 United States Forging and Casting Market Under COVID-19 6.3 Canada Forging and Casting Sales and Growth Rate (2015-2020) 6.4 Mexico Forging and Casting Sales and Growth Rate (2015-2020) 7 Europe Forging and Casting Market Analysis by Countries 7.1 Europe Forging and Casting Sales, Revenue and Market Share by Countries 7.1.1 Europe Forging and Casting Sales by Countries (2015-2020) 7.1.2 Europe Forging and Casting Revenue by Countries (2015-2020) 7.1.3 Europe Forging and Casting Market Under COVID-19 7.2 Germany Forging and Casting Sales and Growth Rate (2015-2020) 7.2.1 Germany Forging and Casting Market Under COVID-19 7.3 UK Forging and Casting Sales and Growth Rate (2015-2020) 7.3.1 UK Forging and Casting Market Under COVID-19 7.4 France Forging and Casting Sales and Growth Rate (2015-2020) 7.4.1 France Forging and Casting Market Under COVID-19 7.5 Italy Forging and Casting Sales and Growth Rate (2015-2020) 7.5.1 Italy Forging and Casting Market Under COVID-19 7.6 Spain Forging and Casting Sales and Growth Rate (2015-2020) 7.6.1 Spain Forging and Casting Market Under COVID-19 7.7 Russia Forging and Casting Sales and Growth Rate (2015-2020) 7.7.1 Russia Forging and Casting Market Under COVID-19 8 Asia-Pacific Forging and Casting Market Analysis by Countries 8.1 Asia-Pacific Forging and Casting Sales, Revenue and Market Share by Countries 8.1.1 Asia-Pacific Forging and Casting Sales by Countries (2015-2020) 8.1.2 Asia-Pacific Forging and Casting Revenue by Countries (2015-2020) 8.1.3 Asia-Pacific Forging and Casting Market Under COVID-19 8.2 China Forging and Casting Sales and Growth Rate (2015-2020) 8.2.1 China Forging and Casting Market Under COVID-19 8.3 Japan Forging and Casting Sales and Growth Rate (2015-2020) 8.3.1 Japan Forging and Casting Market Under COVID-19 8.4 South Korea Forging and Casting Sales and Growth Rate (2015-2020) 8.4.1 South Korea Forging and Casting Market Under COVID-19 8.5 Australia Forging and Casting Sales and Growth Rate (2015-2020) 8.6 India Forging and Casting Sales and Growth Rate (2015-2020) 8.6.1 India Forging and Casting Market Under COVID-19 8.7 Southeast Asia Forging and Casting Sales and Growth Rate (2015-2020) 8.7.1 Southeast Asia Forging and Casting Market Under COVID-19 9 Middle East and Africa Forging and Casting Market Analysis by Countries 9.1 Middle East and Africa Forging and Casting Sales, Revenue and Market Share by Countries 9.1.1 Middle East and Africa Forging and Casting Sales by Countries (2015-2020) 9.1.2 Middle East and Africa Forging and Casting Revenue by Countries (2015-2020) 9.1.3 Middle East and Africa Forging and Casting Market Under COVID-19 9.2 Saudi Arabia Forging and Casting Sales and Growth Rate (2015-2020) 9.3 UAE Forging and Casting Sales and Growth Rate (2015-2020) 9.4 Egypt Forging and Casting Sales and Growth Rate (2015-2020) 9.5 Nigeria Forging and Casting Sales and Growth Rate (2015-2020) 9.6 South Africa Forging and Casting Sales and Growth Rate (2015-2020) 10 South America Forging and Casting Market Analysis by Countries 10.1 South America Forging and Casting Sales, Revenue and Market Share by Countries 10.1.1 South America Forging and Casting Sales by Countries (2015-2020) 10.1.2 South America Forging and Casting Revenue by Countries (2015-2020) 10.1.3 South America Forging and Casting Market Under COVID-19 10.2 Brazil Forging and Casting Sales and Growth Rate (2015-2020) 10.2.1 Brazil Forging and Casting Market Under COVID-19 10.3 Argentina Forging and Casting Sales and Growth Rate (2015-2020) 10.4 Columbia Forging and Casting Sales and Growth Rate (2015-2020) 10.5 Chile Forging and Casting Sales and Growth Rate (2015-2020) 11 Global Forging and Casting Market Segment by Types 11.1 Global Forging and Casting Sales, Revenue and Market Share by Types (2015-2020) 11.1.1 Global Forging and Casting Sales and Market Share by Types (2015-2020) 11.1.2 Global Forging and Casting Revenue and Market Share by Types (2015-2020) 11.2 Forging Sales and Price (2015-2020) 11.3 Casting Sales and Price (2015-2020) 12 Global Forging and Casting Market Segment by Applications 12.1 Global Forging and Casting Sales, Revenue and Market Share by Applications (2015-2020) 12.1.1 Global Forging and Casting Sales and Market Share by Applications (2015-2020) 12.1.2 Global Forging and Casting Revenue and Market Share by Applications (2015-2020) 12.2 Automobile Sales, Revenue and Growth Rate (2015-2020) 12.3 Mining Sales, Revenue and Growth Rate (2015-2020) 12.4 Construction Sales, Revenue and Growth Rate (2015-2020) 12.5 Industrial Sales, Revenue and Growth Rate (2015-2020) 12.6 Others Sales, Revenue and Growth Rate (2015-2020) 13 Forging and Casting Market Forecast by Regions (2020-2026) 13.1 Global Forging and Casting Sales, Revenue and Growth Rate (2020-2026) 13.2 Forging and Casting Market Forecast by Regions (2020-2026) 13.2.1 North America Forging and Casting Market Forecast (2020-2026) 13.2.2 Europe Forging and Casting Market Forecast (2020-2026) 13.2.3 Asia-Pacific Forging and Casting Market Forecast (2020-2026) 13.2.4 Middle East and Africa Forging and Casting Market Forecast (2020-2026) 13.2.5 South America Forging and Casting Market Forecast (2020-2026) 13.3 Forging and Casting Market Forecast by Types (2020-2026) 13.4 Forging and Casting Market Forecast by Applications (2020-2026) 13.5 Forging and Casting Market Forecast Under COVID-19 14 Appendix 14.1 Methodology 14.2 Research Data Source
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