Forging Evolving Technology, Trends and Industry Analysis 2025
The capital-intensive nature of the global forging market features clear dominance of large players that operate in global markets, says a report by Transparency Market Research (TMR). This poses stiff challenges to small players that contend amongst large players with respect to quality, features, functionalities, and services. Further, the use of newer technologies by well-entrenched players that will add qualitative value to existing products and also lead to the development of novel products will intensify the competition.
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