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Stock impact report

Forging Market to Grow by USD 40.4 Billion (2024-2028) as AI Shapes Trends and Highlights Advantages Over Other Fabrication Techniques [Yahoo! Finance]

Park-Ohio Holdings Corp. (PKOH) 
Last park-ohio holdings corp. earnings: 3/11 04:27 pm Check Earnings Report
US:NASDAQ Investor Relations: pkoh.com/investor-relations
Company Research Source: Yahoo! Finance
market size is estimated to grow by USD 40.4 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 6.61% during the forecast period. Advantages of forging over other fabrication techniques is driving market growth, with a trend towards developments in robotics to enhance forging operations. However, instability in variable costs poses a challenge. Key market players include Aichi Steel Corp., Ajax Tocco Magnethermic Corp., Alicon Castalloy Ltd., All Metals and Forge Group, Allegheny Technologies Inc., Aluminum Precision Products, American Axle and Manufacturing Holdings Inc., Asahi Forge Corp., Bharat Forge Ltd., Bruck GmbH, Consolidated Industries Inc., Farinia SA, Fountaintown Forge Inc., Larsen and Toubro Ltd., Mitsubishi Steel Mfg. Co. Ltd., Pacific Forge Inc., Patriot Forge Co., Scot Forge Co., Sumitomo Heavy Industries Ltd., and thyssenkrupp AG. AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest tr Show less Read more
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