2022 Forged and Stamped Goods Market Size, Growth, Trends and Global Industry Analysis

Open PR is a press release distribution service. On August 28, 2019, it released an article on the forged and stamped goods market, sourced from TBRC`S Forged and Stamped Goods Market report.The top opportunities in the global forged and stamped goods market will arise in the powder metallurgy and part manufacturing segment which will gain $29.9 billion of global annual sales by 2022. Also, the top opportunities in this market will arise in the automotive end use industry which will gain $42.3 billion of global annual sales by 2022. The forged and stamped goods market size will gain the most in China at $41.1 billion. Market-trend-based strategies for the forged and stamped goods market include implementation of technologies in the manufacturing processes, integration of 3D technology to enhance products, and adoption of automation to improve manufacturing process and save time and costs for the forged and stamped goods manufacturers.