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Forged Automotive Component-Global Market Insights and Sales Trends 2024
Synopsis
Forging is manufacturing process, for shaping of metal by applying compressive forces with the related equipment. Automotive industry depends significantly on steel forged automotive components owning to increasing vehicle production.
The global Forged Automotive Component market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Forged Automotive Component in various end use industries. The expanding demands from the Heavy Commercial Vehicles, Light Commercial Vehicles and Passenger Vehicles,, are propelling Forged Automotive Component market. Gears, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Crankshaft segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Forged Automotive Component, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Forged Automotive Component market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Forged Automotive Component market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Forged Automotive Component sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Forged Automotive Component covered in this report include Kalyani, Om Forge, Super Auto Forge Private, GAZ, TBK, El Forge, Schweiger fulpmes, Nippon Steel & Sumitomo Metal and Thyssenkrupp Forging, etc.
The global Forged Automotive Component market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Kalyani
Om Forge
Super Auto Forge Private
GAZ
TBK
El Forge
Schweiger fulpmes
Nippon Steel & Sumitomo Metal
Thyssenkrupp Forging
Agrasen Engineering Industries
Advance Forgings
SDF Automotive
Happy Forgings
Indo Schottle Auto Parts
Mueller Brass
Global Forged Automotive Component market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Forged Automotive Component market, Segment by Type:
Gears
Crankshaft
Axle
Bearing
Piston
Steering Knuckle
Global Forged Automotive Component market, by Application
Heavy Commercial Vehicles
Light Commercial Vehicles
Passenger Vehicles
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Forged Automotive Component manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Forged Automotive Component in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Forging is manufacturing process, for shaping of metal by applying compressive forces with the related equipment. Automotive industry depends significantly on steel forged automotive components owning to increasing vehicle production.
The global Forged Automotive Component market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Forged Automotive Component in various end use industries. The expanding demands from the Heavy Commercial Vehicles, Light Commercial Vehicles and Passenger Vehicles,, are propelling Forged Automotive Component market. Gears, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Crankshaft segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Forged Automotive Component, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Forged Automotive Component market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Forged Automotive Component market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Forged Automotive Component sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Forged Automotive Component covered in this report include Kalyani, Om Forge, Super Auto Forge Private, GAZ, TBK, El Forge, Schweiger fulpmes, Nippon Steel & Sumitomo Metal and Thyssenkrupp Forging, etc.
The global Forged Automotive Component market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Kalyani
Om Forge
Super Auto Forge Private
GAZ
TBK
El Forge
Schweiger fulpmes
Nippon Steel & Sumitomo Metal
Thyssenkrupp Forging
Agrasen Engineering Industries
Advance Forgings
SDF Automotive
Happy Forgings
Indo Schottle Auto Parts
Mueller Brass
Global Forged Automotive Component market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Forged Automotive Component market, Segment by Type:
Gears
Crankshaft
Axle
Bearing
Piston
Steering Knuckle
Global Forged Automotive Component market, by Application
Heavy Commercial Vehicles
Light Commercial Vehicles
Passenger Vehicles
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Forged Automotive Component manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Forged Automotive Component in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Forged Automotive Component Market Overview
1.1 Forged Automotive Component Product Overview
1.2 Forged Automotive Component Market Segment by Type
1.2.1 Gears
1.2.2 Crankshaft
1.2.3 Axle
1.2.4 Bearing
1.2.5 Piston
1.2.6 Steering Knuckle
1.3 Global Forged Automotive Component Market Size by Type
1.3.1 Global Forged Automotive Component Market Size Overview by Type (2018-2029)
1.3.2 Global Forged Automotive Component Historic Market Size Review by Type (2018-2023)
1.3.3 Global Forged Automotive Component Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Forged Automotive Component Sales Breakdown by Type (2018-2023)
1.4.2 Europe Forged Automotive Component Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Forged Automotive Component Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Forged Automotive Component Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Forged Automotive Component Sales Breakdown by Type (2018-2023)
2 Global Forged Automotive Component Market Competition by Company
2.1 Global Top Players by Forged Automotive Component Sales (2018-2023)
2.2 Global Top Players by Forged Automotive Component Revenue (2018-2023)
2.3 Global Top Players by Forged Automotive Component Price (2018-2023)
2.4 Global Top Manufacturers Forged Automotive Component Manufacturing Base Distribution, Sales Area, Product Type
2.5 Forged Automotive Component Market Competitive Situation and Trends
2.5.1 Forged Automotive Component Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Forged Automotive Component Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Forged Automotive Component as of 2022)
2.7 Date of Key Manufacturers Enter into Forged Automotive Component Market
2.8 Key Manufacturers Forged Automotive Component Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Forged Automotive Component Status and Outlook by Region
3.1 Global Forged Automotive Component Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Forged Automotive Component Historic Market Size by Region
3.2.1 Global Forged Automotive Component Sales in Volume by Region (2018-2023)
3.2.2 Global Forged Automotive Component Sales in Value by Region (2018-2023)
3.2.3 Global Forged Automotive Component Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Forged Automotive Component Forecasted Market Size by Region
3.3.1 Global Forged Automotive Component Sales in Volume by Region (2024-2029)
3.3.2 Global Forged Automotive Component Sales in Value by Region (2024-2029)
3.3.3 Global Forged Automotive Component Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Forged Automotive Component by Application
4.1 Forged Automotive Component Market Segment by Application
4.1.1 Heavy Commercial Vehicles
4.1.2 Light Commercial Vehicles
4.1.3 Passenger Vehicles
4.2 Global Forged Automotive Component Market Size by Application
4.2.1 Global Forged Automotive Component Market Size Overview by Application (2018-2029)
4.2.2 Global Forged Automotive Component Historic Market Size Review by Application (2018-2023)
4.2.3 Global Forged Automotive Component Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Forged Automotive Component Sales Breakdown by Application (2018-2023)
4.3.2 Europe Forged Automotive Component Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Forged Automotive Component Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Forged Automotive Component Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Forged Automotive Component Sales Breakdown by Application (2018-2023)
5 North America Forged Automotive Component by Country
5.1 North America Forged Automotive Component Historic Market Size by Country
5.1.1 North America Forged Automotive Component Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Forged Automotive Component Sales in Volume by Country (2018-2023)
5.1.3 North America Forged Automotive Component Sales in Value by Country (2018-2023)
5.2 North America Forged Automotive Component Forecasted Market Size by Country
5.2.1 North America Forged Automotive Component Sales in Volume by Country (2024-2029)
5.2.2 North America Forged Automotive Component Sales in Value by Country (2024-2029)
6 Europe Forged Automotive Component by Country
6.1 Europe Forged Automotive Component Historic Market Size by Country
6.1.1 Europe Forged Automotive Component Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Forged Automotive Component Sales in Volume by Country (2018-2023)
6.1.3 Europe Forged Automotive Component Sales in Value by Country (2018-2023)
6.2 Europe Forged Automotive Component Forecasted Market Size by Country
6.2.1 Europe Forged Automotive Component Sales in Volume by Country (2024-2029)
6.2.2 Europe Forged Automotive Component Sales in Value by Country (2024-2029)
7 Asia-Pacific Forged Automotive Component by Region
7.1 Asia-Pacific Forged Automotive Component Historic Market Size by Region
7.1.1 Asia-Pacific Forged Automotive Component Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Forged Automotive Component Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Forged Automotive Component Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Forged Automotive Component Forecasted Market Size by Region
7.2.1 Asia-Pacific Forged Automotive Component Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Forged Automotive Component Sales in Value by Region (2024-2029)
8 Latin America Forged Automotive Component by Country
8.1 Latin America Forged Automotive Component Historic Market Size by Country
8.1.1 Latin America Forged Automotive Component Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Forged Automotive Component Sales in Volume by Country (2018-2023)
8.1.3 Latin America Forged Automotive Component Sales in Value by Country (2018-2023)
8.2 Latin America Forged Automotive Component Forecasted Market Size by Country
8.2.1 Latin America Forged Automotive Component Sales in Volume by Country (2024-2029)
8.2.2 Latin America Forged Automotive Component Sales in Value by Country (2024-2029)
9 Middle East and Africa Forged Automotive Component by Country
9.1 Middle East and Africa Forged Automotive Component Historic Market Size by Country
9.1.1 Middle East and Africa Forged Automotive Component Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Forged Automotive Component Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Forged Automotive Component Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Forged Automotive Component Forecasted Market Size by Country
9.2.1 Middle East and Africa Forged Automotive Component Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Forged Automotive Component Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Kalyani
10.1.1 Kalyani Company Information
10.1.2 Kalyani Introduction and Business Overview
10.1.3 Kalyani Forged Automotive Component Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Kalyani Forged Automotive Component Products Offered
10.1.5 Kalyani Recent Development
10.2 Om Forge
10.2.1 Om Forge Company Information
10.2.2 Om Forge Introduction and Business Overview
10.2.3 Om Forge Forged Automotive Component Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Om Forge Forged Automotive Component Products Offered
10.2.5 Om Forge Recent Development
10.3 Super Auto Forge Private
10.3.1 Super Auto Forge Private Company Information
10.3.2 Super Auto Forge Private Introduction and Business Overview
10.3.3 Super Auto Forge Private Forged Automotive Component Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Super Auto Forge Private Forged Automotive Component Products Offered
10.3.5 Super Auto Forge Private Recent Development
10.4 GAZ
10.4.1 GAZ Company Information
10.4.2 GAZ Introduction and Business Overview
10.4.3 GAZ Forged Automotive Component Sales, Revenue and Gross Margin (2018-2023)
10.4.4 GAZ Forged Automotive Component Products Offered
10.4.5 GAZ Recent Development
10.5 TBK
10.5.1 TBK Company Information
10.5.2 TBK Introduction and Business Overview
10.5.3 TBK Forged Automotive Component Sales, Revenue and Gross Margin (2018-2023)
10.5.4 TBK Forged Automotive Component Products Offered
10.5.5 TBK Recent Development
10.6 El Forge
10.6.1 El Forge Company Information
10.6.2 El Forge Introduction and Business Overview
10.6.3 El Forge Forged Automotive Component Sales, Revenue and Gross Margin (2018-2023)
10.6.4 El Forge Forged Automotive Component Products Offered
10.6.5 El Forge Recent Development
10.7 Schweiger fulpmes
10.7.1 Schweiger fulpmes Company Information
10.7.2 Schweiger fulpmes Introduction and Business Overview
10.7.3 Schweiger fulpmes Forged Automotive Component Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Schweiger fulpmes Forged Automotive Component Products Offered
10.7.5 Schweiger fulpmes Recent Development
10.8 Nippon Steel & Sumitomo Metal
10.8.1 Nippon Steel & Sumitomo Metal Company Information
10.8.2 Nippon Steel & Sumitomo Metal Introduction and Business Overview
10.8.3 Nippon Steel & Sumitomo Metal Forged Automotive Component Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Nippon Steel & Sumitomo Metal Forged Automotive Component Products Offered
10.8.5 Nippon Steel & Sumitomo Metal Recent Development
10.9 Thyssenkrupp Forging
10.9.1 Thyssenkrupp Forging Company Information
10.9.2 Thyssenkrupp Forging Introduction and Business Overview
10.9.3 Thyssenkrupp Forging Forged Automotive Component Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Thyssenkrupp Forging Forged Automotive Component Products Offered
10.9.5 Thyssenkrupp Forging Recent Development
10.10 Agrasen Engineering Industries
10.10.1 Agrasen Engineering Industries Company Information
10.10.2 Agrasen Engineering Industries Introduction and Business Overview
10.10.3 Agrasen Engineering Industries Forged Automotive Component Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Agrasen Engineering Industries Forged Automotive Component Products Offered
10.10.5 Agrasen Engineering Industries Recent Development
10.11 Advance Forgings
10.11.1 Advance Forgings Company Information
10.11.2 Advance Forgings Introduction and Business Overview
10.11.3 Advance Forgings Forged Automotive Component Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Advance Forgings Forged Automotive Component Products Offered
10.11.5 Advance Forgings Recent Development
10.12 SDF Automotive
10.12.1 SDF Automotive Company Information
10.12.2 SDF Automotive Introduction and Business Overview
10.12.3 SDF Automotive Forged Automotive Component Sales, Revenue and Gross Margin (2018-2023)
10.12.4 SDF Automotive Forged Automotive Component Products Offered
10.12.5 SDF Automotive Recent Development
10.13 Happy Forgings
10.13.1 Happy Forgings Company Information
10.13.2 Happy Forgings Introduction and Business Overview
10.13.3 Happy Forgings Forged Automotive Component Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Happy Forgings Forged Automotive Component Products Offered
10.13.5 Happy Forgings Recent Development
10.14 Indo Schottle Auto Parts
10.14.1 Indo Schottle Auto Parts Company Information
10.14.2 Indo Schottle Auto Parts Introduction and Business Overview
10.14.3 Indo Schottle Auto Parts Forged Automotive Component Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Indo Schottle Auto Parts Forged Automotive Component Products Offered
10.14.5 Indo Schottle Auto Parts Recent Development
10.15 Mueller Brass
10.15.1 Mueller Brass Company Information
10.15.2 Mueller Brass Introduction and Business Overview
10.15.3 Mueller Brass Forged Automotive Component Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Mueller Brass Forged Automotive Component Products Offered
10.15.5 Mueller Brass Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Forged Automotive Component Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Forged Automotive Component Industrial Chain Analysis
11.4 Forged Automotive Component Market Dynamics
11.4.1 Forged Automotive Component Industry Trends
11.4.2 Forged Automotive Component Market Drivers
11.4.3 Forged Automotive Component Market Challenges
11.4.4 Forged Automotive Component Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Forged Automotive Component Distributors
12.3 Forged Automotive Component Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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