Impression Die Forging Market Report
  • Published On: 31-05-2022

Impression Die Forging Market Report

The global impression dies forging market size was $18,293.6 million in 2017, and is projected to reach $27,163.6 million in 2024, growing at a CAGR of 5.2% from 2018 to 2025. Impassion die forging is a metal deformation process where pressure is utilized to compress a piece of metal to fill in an enclosed die impression. The impression die forging method is typically used to manufacture more complex shapes than open-die forging. The forging components manufactured from the impression die forging process is more precise and closer to the desired shape, often reducing the need for subsequent machining.

The global market for impression die forging is segmented based on component type, metal type, order type, end-user industry, and geography. Based on component type, it is classified into landing gears, jet engine & turbine shafts, crankshafts, connecting rods, gears, and others. By metal type, it is divided into steel alloys, titanium alloys, iron-based heat-resistant alloys, nickel-based alloys, and others. Steel is the most commonly used metal for closed die forging. Based on order type, the market is bifurcated into custom forgings and catalog forgings.

Custom forgings accounted for the majority share in 2017 and is expected to maintain its dominance throughout the forecasted period. Based on end user, it is classified into aerospace, oil & gas, shipbuilding, construction equipment, railways, defense, food, and others.

Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA and their prominent countries. Key players profiled in this report include ATI, Aubert & Duval, Bharat Forge Limited, Bifrangi SpA, Bhler Schmiedetechnik GmbH & Co KG, Ellwood Group Inc., Mahindra Forgings Europe AG, Maschinenfabrik Alfing Kessler GmbH, Nippon Steel & Sumitomo Metal, Riganti Spa, SAMMI Metal Products Co. Ltd, Siderforgerossi Group S.p.A, Siepmann-Werke GmbH & Co. KG, and ULMA Lazkao Forging.

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Key Benefits

This study provides an in-depth analysis of the global impression die forging market, along with current trends and future estimations to identify the potential investment pockets.
Key drivers, restraints, and opportunities and their impact analysis are elucidated in the report.
Porter's five forces analytical model illustrates the competitiveness of the market by analyzing various parameters such as threat of new entrants, the threat of substitutes, the strength of the buyers, and strength of the suppliers.
Value chain analysis signifies the key intermediaries involved and elaborates their roles and contribution to value addition at each stage.
A quantitative analysis of the current market and estimations from 2014 to 2025 is provided to highlight the financial competency of the market.

Impression Die Forging Market Key Segmentation:

The global impression dies forging market is segmented on the basis of component type, metal type, order type, end user industry, and geography.

By Component Type

Landing Gears
Jet Engines & Turbine Shafts
Crankshafts
Gears
Connecting Rods
Others

By Order Type

Custom Forgings
Catalogue Forgings

By Metal Type

Steel
Titanium Alloys
Iron-Based Heat-Resistant Alloys
Nickel-Based Alloys
Others

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By End User Industry

Aerospace
Oil & Gas
Shipbuilding
Construction Equipment
Railways
Defense
Food
Others

Key Players

ATI
Aubert & Duval
Bharat Forge Limited
Bifrangi SpA
Bhler Schmiedetechnik GmbH & Co KG
Ellwood Group Inc.
Mahindra Forgings Europe AG
Maschinenfabrik Alfing Kessler GmbH
Nippon Steel & Sumitomo Metal
Riganti Spa
SAMMI Metal Products Co. Ltd.
Siderforgerossi Group S.p.A
Siepmann-Werke GmbH & Co. KG
ULMA Lazkao Forging

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