Closed Die Forging Market Strategies and Share 2031
Closed dye forging is type of forging method where dies move towards one another and cover the workpiece in parts and in whole. The heat raw material is approximately the size and shape of final forged material. A negative image of the bottom or top is incorporated in forging. Nickel-based alloys, titanium alloys, aluminum alloys, and steel alloys are majorly used alloys for forging.
MARKET DYNAMICS
The closed die forging market is experiencing significant growth owing to the growing industrialization across the globe especially in APAC. However, fluctuating prices of raw material can hamper the growth of closed die forging market. Meanwhile, increasing use of titanium across various verticals is expected to flourish the closed die forging market.
MARKET SCOPE
The "Closed Die Forging Market Analysis to 2031" is a specialized and in-depth study of the manufacturing and construction with a special focus on the global market trend analysis. The report aims to provide an overview of closed die forging market with detailed market segmentation by material type, industry, and geography. The global closed die forging market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading closed die forging market players and offers key trends and opportunities in the closed die forging market.
MARKET SEGMENTATION
The global closed die forging market is segmented on the basis of material type and industry. Based on material type, the market is segmented into nickel-based alloys, titanium alloys, aluminum alloys, steel alloys, and others. On the basis of industry, the market is segmented as automotive, manufacturing, aerospace, heavy equipment, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global closed die forging market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The closed die forging market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting closed die forging market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porters five forces analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the closed die forging market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global closed die forging market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The closed die forging market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting closed die forging market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porters five forces analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the closed die forging market in these regions.
MARKET PLAYERS
The reports cover key developments in the closed die forging market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from closed die forging market are anticipated to lucrative growth opportunities in the future with the rising demand for closed die forging market. Below mentioned is the list of few companies engaged in the closed die forging market.
IMPACT OF COVID-19 ON CLOSED DIE FORGING MARKET
The outbreak of COVID-19 has significantly impacted various industries including the manufacturing industry. Containment measures were imposed by governments across the globe such as trade restriction and factor shutdown followed by limited personnel at workplaces in order to adhere to the norms of social distancing. Thus, the imposition of such measures has disrupted the supply chain of manufacturing industry in 2021. However, the industry started to stabilize from Q4 of 2021 as economies started to reopen and containment measures were relaxed.
The report also includes the profiles of key closed die forging market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Schuler
- Canada Forgings
- Scot Forge Company
- FORGE RESOURCES GROUP
- Ferralloy Inc.
- Trenton Forging
- Achor Harvey
- Weldaloy Specialty Forging Company
- Bunty LLC
- Aubert and Duval
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Closed Die Forging Market - By Material Type
1.3.2 Closed Die Forging Market - By Industry
1.3.3 Closed Die Forging Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. CLOSED DIE FORGING MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. CLOSED DIE FORGING MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. CLOSED DIE FORGING MARKET - GLOBAL MARKET ANALYSIS
6.1. CLOSED DIE FORGING - GLOBAL MARKET OVERVIEW
6.2. CLOSED DIE FORGING - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. CLOSED DIE FORGING MARKET - REVENUE AND FORECASTS TO 2028 - MATERIAL TYPE
7.1. OVERVIEW
7.2. MATERIAL TYPE MARKET FORECASTS AND ANALYSIS
7.3. NICKEL-BASED ALLOYS
7.3.1. Overview
7.3.2. Nickel-Based Alloys Market Forecast and Analysis
7.4. TITANIUM ALLOYS
7.4.1. Overview
7.4.2. Titanium Alloys Market Forecast and Analysis
7.5. ALUMINUM ALLOYS
7.5.1. Overview
7.5.2. Aluminum Alloys Market Forecast and Analysis
7.6. STEEL ALLOYS
7.6.1. Overview
7.6.2. Steel Alloys Market Forecast and Analysis
7.7. OTHERS
7.7.1. Overview
7.7.2. Others Market Forecast and Analysis
8. CLOSED DIE FORGING MARKET - REVENUE AND FORECASTS TO 2028 - INDUSTRY
8.1. OVERVIEW
8.2. INDUSTRY MARKET FORECASTS AND ANALYSIS
8.3. AUTOMOTIVE
8.3.1. Overview
8.3.2. Automotive Market Forecast and Analysis
8.4. AEROSPACE
8.4.1. Overview
8.4.2. Aerospace Market Forecast and Analysis
8.5. HEAVY EQUIPMENT
8.5.1. Overview
8.5.2. Heavy Equipment Market Forecast and Analysis
8.6. MANUFACTURING
8.6.1. Overview
8.6.2. Manufacturing Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. CLOSED DIE FORGING MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Closed Die Forging Market Overview
9.1.2 North America Closed Die Forging Market Forecasts and Analysis
9.1.3 North America Closed Die Forging Market Forecasts and Analysis - By Material Type
9.1.4 North America Closed Die Forging Market Forecasts and Analysis - By Industry
9.1.5 North America Closed Die Forging Market Forecasts and Analysis - By Countries
9.1.5.1 United States Closed Die Forging Market
9.1.5.1.1 United States Closed Die Forging Market by Material Type
9.1.5.1.2 United States Closed Die Forging Market by Industry
9.1.5.2 Canada Closed Die Forging Market
9.1.5.2.1 Canada Closed Die Forging Market by Material Type
9.1.5.2.2 Canada Closed Die Forging Market by Industry
9.1.5.3 Mexico Closed Die Forging Market
9.1.5.3.1 Mexico Closed Die Forging Market by Material Type
9.1.5.3.2 Mexico Closed Die Forging Market by Industry
9.2. EUROPE
9.2.1 Europe Closed Die Forging Market Overview
9.2.2 Europe Closed Die Forging Market Forecasts and Analysis
9.2.3 Europe Closed Die Forging Market Forecasts and Analysis - By Material Type
9.2.4 Europe Closed Die Forging Market Forecasts and Analysis - By Industry
9.2.5 Europe Closed Die Forging Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Closed Die Forging Market
9.2.5.1.1 Germany Closed Die Forging Market by Material Type
9.2.5.1.2 Germany Closed Die Forging Market by Industry
9.2.5.2 France Closed Die Forging Market
9.2.5.2.1 France Closed Die Forging Market by Material Type
9.2.5.2.2 France Closed Die Forging Market by Industry
9.2.5.3 Italy Closed Die Forging Market
9.2.5.3.1 Italy Closed Die Forging Market by Material Type
9.2.5.3.2 Italy Closed Die Forging Market by Industry
9.2.5.4 United Kingdom Closed Die Forging Market
9.2.5.4.1 United Kingdom Closed Die Forging Market by Material Type
9.2.5.4.2 United Kingdom Closed Die Forging Market by Industry
9.2.5.5 Russia Closed Die Forging Market
9.2.5.5.1 Russia Closed Die Forging Market by Material Type
9.2.5.5.2 Russia Closed Die Forging Market by Industry
9.2.5.6 Rest of Europe Closed Die Forging Market
9.2.5.6.1 Rest of Europe Closed Die Forging Market by Material Type
9.2.5.6.2 Rest of Europe Closed Die Forging Market by Industry
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Closed Die Forging Market Overview
9.3.2 Asia-Pacific Closed Die Forging Market Forecasts and Analysis
9.3.3 Asia-Pacific Closed Die Forging Market Forecasts and Analysis - By Material Type
9.3.4 Asia-Pacific Closed Die Forging Market Forecasts and Analysis - By Industry
9.3.5 Asia-Pacific Closed Die Forging Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Closed Die Forging Market
9.3.5.1.1 Australia Closed Die Forging Market by Material Type
9.3.5.1.2 Australia Closed Die Forging Market by Industry
9.3.5.2 China Closed Die Forging Market
9.3.5.2.1 China Closed Die Forging Market by Material Type
9.3.5.2.2 China Closed Die Forging Market by Industry
9.3.5.3 India Closed Die Forging Market
9.3.5.3.1 India Closed Die Forging Market by Material Type
9.3.5.3.2 India Closed Die Forging Market by Industry
9.3.5.4 Japan Closed Die Forging Market
9.3.5.4.1 Japan Closed Die Forging Market by Material Type
9.3.5.4.2 Japan Closed Die Forging Market by Industry
9.3.5.5 South Korea Closed Die Forging Market
9.3.5.5.1 South Korea Closed Die Forging Market by Material Type
9.3.5.5.2 South Korea Closed Die Forging Market by Industry
9.3.5.6 Rest of Asia-Pacific Closed Die Forging Market
9.3.5.6.1 Rest of Asia-Pacific Closed Die Forging Market by Material Type
9.3.5.6.2 Rest of Asia-Pacific Closed Die Forging Market by Industry
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Closed Die Forging Market Overview
9.4.2 Middle East and Africa Closed Die Forging Market Forecasts and Analysis
9.4.3 Middle East and Africa Closed Die Forging Market Forecasts and Analysis - By Material Type
9.4.4 Middle East and Africa Closed Die Forging Market Forecasts and Analysis - By Industry
9.4.5 Middle East and Africa Closed Die Forging Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Closed Die Forging Market
9.4.5.1.1 South Africa Closed Die Forging Market by Material Type
9.4.5.1.2 South Africa Closed Die Forging Market by Industry
9.4.5.2 Saudi Arabia Closed Die Forging Market
9.4.5.2.1 Saudi Arabia Closed Die Forging Market by Material Type
9.4.5.2.2 Saudi Arabia Closed Die Forging Market by Industry
9.4.5.3 U.A.E Closed Die Forging Market
9.4.5.3.1 U.A.E Closed Die Forging Market by Material Type
9.4.5.3.2 U.A.E Closed Die Forging Market by Industry
9.4.5.4 Rest of Middle East and Africa Closed Die Forging Market
9.4.5.4.1 Rest of Middle East and Africa Closed Die Forging Market by Material Type
9.4.5.4.2 Rest of Middle East and Africa Closed Die Forging Market by Industry
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Closed Die Forging Market Overview
9.5.2 South and Central America Closed Die Forging Market Forecasts and Analysis
9.5.3 South and Central America Closed Die Forging Market Forecasts and Analysis - By Material Type
9.5.4 South and Central America Closed Die Forging Market Forecasts and Analysis - By Industry
9.5.5 South and Central America Closed Die Forging Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Closed Die Forging Market
9.5.5.1.1 Brazil Closed Die Forging Market by Material Type
9.5.5.1.2 Brazil Closed Die Forging Market by Industry
9.5.5.2 Argentina Closed Die Forging Market
9.5.5.2.1 Argentina Closed Die Forging Market by Material Type
9.5.5.2.2 Argentina Closed Die Forging Market by Industry
9.5.5.3 Rest of South and Central America Closed Die Forging Market
9.5.5.3.1 Rest of South and Central America Closed Die Forging Market by Material Type
9.5.5.3.2 Rest of South and Central America Closed Die Forging Market by Industry
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. CLOSED DIE FORGING MARKET, KEY COMPANY PROFILES
11.1. SCHULER
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. CANADA FORGINGS
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. SCOT FORGE COMPANY
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. FORGE RESOURCES GROUP
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. FERRALLOY INC.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. TRENTON FORGING
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. ACHOR HARVEY
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. WELDALOY SPECIALTY FORGING COMPANY
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. BUNTY LLC
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. AUBERT AND DUVAL
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.Schuler
2.Canada Forgings
3.Scot Forge Company
4.FORGE RESOURCES GROUP
5.Ferralloy Inc.
6.Trenton Forging
7.Achor Harvey
8.Weldaloy Specialty Forging Company
9.Bunty LLC
10.Aubert and Duval
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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