Forged And Stamped Goods Market
Forged And Stamped Goods Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Forged And Stamped Goods Market Size and Growth
The Forged and Stamped Goods market is experiencing steady growth, driven by rising demand across various industries, including automotive and aerospace. The global market size is projected to reach approximately $130 billion by 2025, reflecting a CAGR of 5%. Key market conditions include technological advancements and increased automation in production processes.
Companies Covered
(Covid 19 Impact Covered)
◍ Thyssenkrupp AG
◍ Arcelor Mittal AG
◍ American Axle & Manufacturing Holdings
◍ Precision Castparts
The Forged and Stamped Goods Market is driven by demand in automotive, aerospace, and heavy machinery. Companies like Thyssenkrupp AG and ArcelorMittal enhance product strength, while American Axle and Precision Castparts innovate through advanced manufacturing processes. ATI leverages new materials, driving market growth through technological advancements and strategic investments.
◍ Allegheny Technologies Incorporated (ATI)
- Thyssenkrupp AG: €41 billion (2021)
- ArcelorMittal: $76.5 billion (2021)
- American Axle: $4.4 billion (2021)
- Precision Castparts: $11.5 billion (2021)
- Allegheny Technologies: $3.5 billion (2021) Request Sample Report
Market Segmentation
By Application
Automotive ◍ Construction ◍ Food and Beverage Packaging ◍ Machinery
Metal Products
Others
By Product
◍ Metal Stamping ◍ Powder Metallurgy Part Manufacturing ◍ Custom Roll Forming ◍ Iron and Steel Forging
Nonferrous Forging
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Market Growth
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$ X Billion USD
