A component forming system has an induction heating coil for induction heating of a component and a die forming shell for supporting the component and for defining the final shape of the formed product. A support structure for supporting the die forming shell during the induction heating of the component may be formed of a metallic material, and/or may include insulating elements to limit or substantially preclude inducement of electrical current through the support structure during the induction heating process. The die forming shell may be formed of a metallic material and/or may include insulating elements to limit or substantially preclude inducement of electrical current through the support structure during the induction heating process.