South America Automotive Forging Market By Vehicle Type (Passenger Car, Light Commercial Vehicle, Medium & Heavy Commercial Vehicle and Others), By Material Type, By Application, By Country, Competition Forecast & Opportunities, 2013 – 2023
According to “South America Automotive Forging Market By Vehicle Type, By Material Type, By Application, By Country, Competition Forecast & Opportunities, 2013 – 2023” automotive forging market is projected to grow to $ 1.3 billion by 2023. Anticipated growth in the market can be attributed to growing focus of automotive forging companies towards automating their plants and installing new pre-forming units. Some of the other factors that would aid the market growth are decreasing raw material costs, increasing adoption of new technologies for introducing advanced components and growing sales of passenger cars in the region during forecast period. Some of the leading companies operating in the South America automotive forging market are Bharat Forge Limited, Thyssenkrupp AG, CIE Automotive, S.A., NTN Corporation, American Axle & Manufacturing, Inc., Meritor Inc., Dana Inc., Ramakrishna Forgings, India Forge & Drop Stampings Ltd., Nanjing Automobile Forging Co. Ltd., etc. “South America Automotive Forging Market By Vehicle Type, By Material Type, By Application, By Country, Competition Forecast & Opportunities, 2013 – 2023” discusses the following aspects of automotive forging market in South America:
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