Forging Market Detailed Description 2018-2022
MRC Announces the Publication of its Research Report – Global Forging Market 2018-2022 MRC recognizes the following companies as the key players in the global forging market: AICHI STEEL, Alcoa, ATI, Bharat Forge, NIPPON STEEL & SUMITOMO METAL, thyssenkrupp. Commenting on the report, an analyst from MRC’ s team said: “ The latest trend gaining momentum in the market is the developments in robotics to enhance forging operations. Forging techniques for manufacturing components and parts are extensively used in industries such as automotive, aerospace, and medical. Therefore, recent advances in robotics have resulted in various benefits for designers of high-volume forging lines.” According to the report, one of the major drivers for this market is the advantages of forging over other fabrication techniques. Forging is widely used in almost all end-user industries that require high-strength products. Although there are high initial costs associated with closed die forging, these