Forging Market 2018-2022 Integration Of Internet Of Things (IOT) With Forging Technology

(EstateNewsWire.com, July 04, 2018 ) 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.

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 presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

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the benefits of forging over other fabrication techniques to be one of the major factors driving market growth. Internal grains of metals undergo modification due to forging. The heated metal changes mechanically to make the desired products under controlled conditions which consist of uniform grain size and flow characteristics. This process leads to forged metal refinement and reduces its porosity. Hence, the final product obtained exhibit superior mechanical and metallurgical properties as well as improved directional strength. Industries which require high-strength products extensively uses forging.

Key vendors
- AICHI STEEL
- Alcoa
- ATI
- Bharat Forge
- NIPPON STEEL & SUMITOMO METAL
- thyssenkrupp

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Market driver
- Growing investments in renewable energy

Market challenge
- Lightweight materials used for automobile manufacturing

Market trend
- Integration of Internet of Things (IoT) with forging technology

Fundamentals of Table of Content:

PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Global construction market
PART 06: Market drivers
PART 07: Market trends
PART 08: Global AEC market
PART 09: Market segmentation by product
PART 10: Geographical segmentation
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Five forces model
PART 14: Key vendor analysis
PART 15: Key vendor profiles

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