A new business intelligence report released by Data Bridge Market Research with title “Global Metal Forming Market– Industry Trends and Forecast to 2025” is designed covering micro level of analysis by manufacturers and key business segments. The Global Metal Forming Market survey analysis offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics sources and it comprises both qualitative and quantitative detailing. Some of the key players profiled in the study are Fagor Arrasate, Magna International, Amco Metal, JET, Tennsmith etc.
The Global Metal Forming Market is expected to reach value USD 270.57 million by 2025, from USD 213.59 million in 2017 growing at a CAGR of 3.0% during the forecast period of 2018 to 2025.
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Market Definition: Metal Forming is a process in which metal is plastically deformed to a desired shape and geometry. In order to do so a force is applied on the metal, that exceeds the yielding strength of the metal so as the metal doesn’t show temporary change in shape but undergoes plastic deformation. This is applied on metal to give them rigid, customized and desired shape and looks. There are metal forming tools such as english wheels, planishing hammers, louver presses and many more that perform the desired function and output of forming. There are many end use applicants for this process; ranging from automotive, construction, industrial and aerospace engineering.
- Rising manufacturing and industrial activities in APAC.
- Rising need for automation in the manufacturing process.
- Growing vehicle production and trends towards light weighting.
- Industrial Rivalry with Innovative technology, Reliability and quality.
- High Capital Costs of Forming Equipment.
The Global Metal Forming Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of metal forming market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
In January2017, O’Neal Manufacturing Services merged four affiliates, Aerodyne Alloys, United Performance Metals, Plus Ten Stainless, and Vulcanium Metal International, to form a high-performance metal company, United Performance Metals. In June 2016, high-precision Mitsubisihi laser cutting carbon dioxide equipment was ordered by Komaspec to cut metals and the newly added capability is anticipated to help the company meet the increase demand for metal forming products.
The key players operating in the Global Metal Forming Market are: Formtek Moulding Solutions, Samco Machinery, Mestek Machinery, Westway Machinery, Wuhan Huagong, DMG Fabrication & Welding, Schuler India Private Ltd., Bradbury Group, Benteler International AG, Aisin Seiki Co. Ltd, Avic Manufacturing Technology Institute, Heck Industries, VNT Automotive GmbH, Toyota Boshoku Corporation and AES Automotive Company Pvt. Ltd. among others.
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Segmentation: Global Metal Forming Market
- Deep Drawing
By End-Use Application
- Industrial Equipment and Machinery
- Aerospace Engineering
- North America
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia Pacific
- South America
- Rest of South America
- Middle East & Africa
- South Africa
- Saudi Arabia
- Rest of MEA
Important Features that are under offering & key highlights of the report:
- Detailed Overview of Global Metal Forming Market
- Changing market dynamics of the industry
- In-depth market segmentation by Type, Application etc
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of Global Metal Forming Market
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards Global Metal Forming Market performance
- Market players information to sustain and enhance their footprint
Read Detailed Index of full Research Study at @ https://www.databridgemarketresearch.com/toc/?dbmr=global-metal-forming-market
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