Research and Markets (http://www.researchandmarkets.com/research/6pxqvh/forging_market_in) has announced the addition of the "Forging Market in North America 2015-2019" report to their offering.
The Forging market in North America to grow at a CAGR of 4.55% over the period 2014-2019
Increased emphasis of vendors toward development of new forging technology is one of the key trends emerging in this market. Extensive R&D has been undertaken to develop lightweight, high-strength, and high-quality forged metals and development of highly reliable and long-lasting die materials.
According to the report, increased demand for ferrous metals is one of the major growth drivers in the market. Increased demand for forged metal components across the aerospace, automotive, construction, mining, and oil and gas industries contributed significantly to the growth of the market.
Further, the report states that increased use of casting and stamping processes during metal formation has a negative effect on the growth of the market. Companies across industries are increasingly using the casting and stamping processes to form metals. These processes help provide quality products and can be used to form heavyweight metals.
The Forging market in North America can be segmented into three major product segments: Impression Die, Open Die, and Rolled Rings.
Key Vendors
- Alcoa
- American Axle & Manufacturing Holdings
- Precision Castparts
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Market Segmentation by Product
- Market Segmentation by End-users
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/6pxqvh/forging_market_in
