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Global Automotive Steel Forging Market Research Report 2024
Synopsis
The global Automotive Steel Forging market was valued at US$ 48380 million in 2023 and is anticipated to reach US$ 70010 million by 2030, witnessing a CAGR of 5.5% during the forecast period 2024-2030.
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.
This report aims to provide a comprehensive presentation of the global market for Automotive Steel Forging, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Steel Forging.
Report Scope
The Automotive Steel Forging market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Automotive Steel Forging market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Automotive Steel Forging companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
GKN
EL Forge Limited
ThyssenKrupp
Robert Bosch GmbH
American Axle＆Manufacturing Holdings
Precision Castparts
Ellwood Group
ATI Ladish Forging
FRISA
NTN Corporation
Scot Forge
Sumitomo
Kisaan Steels
Happy Forgings
Bharat Forge Limited
Segment by Type
Bearing
Crankshaft
Axle
Piston
Other
Segment by Application
Passenger Car
Commercial Vehicle
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Automotive Steel Forging companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: 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 12: The main points and conclusions of the report.
The global Automotive Steel Forging market was valued at US$ 48380 million in 2023 and is anticipated to reach US$ 70010 million by 2030, witnessing a CAGR of 5.5% during the forecast period 2024-2030.
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.
This report aims to provide a comprehensive presentation of the global market for Automotive Steel Forging, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Steel Forging.
Report Scope
The Automotive Steel Forging market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Automotive Steel Forging market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Automotive Steel Forging companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
GKN
EL Forge Limited
ThyssenKrupp
Robert Bosch GmbH
American Axle＆Manufacturing Holdings
Precision Castparts
Ellwood Group
ATI Ladish Forging
FRISA
NTN Corporation
Scot Forge
Sumitomo
Kisaan Steels
Happy Forgings
Bharat Forge Limited
Segment by Type
Bearing
Crankshaft
Axle
Piston
Other
Segment by Application
Passenger Car
Commercial Vehicle
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Automotive Steel Forging companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: 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 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Automotive Steel Forging Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Bearing
1.2.3 Crankshaft
1.2.4 Axle
1.2.5 Piston
1.2.6 Other
1.3 Market by Application
1.3.1 Global Automotive Steel Forging Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Passenger Car
1.3.3 Commercial Vehicle
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Automotive Steel Forging Market Perspective (2019-2030)
2.2 Automotive Steel Forging Growth Trends by Region
2.2.1 Global Automotive Steel Forging Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Automotive Steel Forging Historic Market Size by Region (2019-2024)
2.2.3 Automotive Steel Forging Forecasted Market Size by Region (2025-2030)
2.3 Automotive Steel Forging Market Dynamics
2.3.1 Automotive Steel Forging Industry Trends
2.3.2 Automotive Steel Forging Market Drivers
2.3.3 Automotive Steel Forging Market Challenges
2.3.4 Automotive Steel Forging Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Automotive Steel Forging Players by Revenue
3.1.1 Global Top Automotive Steel Forging Players by Revenue (2019-2024)
3.1.2 Global Automotive Steel Forging Revenue Market Share by Players (2019-2024)
3.2 Global Automotive Steel Forging Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Automotive Steel Forging Revenue
3.4 Global Automotive Steel Forging Market Concentration Ratio
3.4.1 Global Automotive Steel Forging Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Automotive Steel Forging Revenue in 2023
3.5 Automotive Steel Forging Key Players Head office and Area Served
3.6 Key Players Automotive Steel Forging Product Solution and Service
3.7 Date of Enter into Automotive Steel Forging Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Automotive Steel Forging Breakdown Data by Type
4.1 Global Automotive Steel Forging Historic Market Size by Type (2019-2024)
4.2 Global Automotive Steel Forging Forecasted Market Size by Type (2025-2030)
5 Automotive Steel Forging Breakdown Data by Application
5.1 Global Automotive Steel Forging Historic Market Size by Application (2019-2024)
5.2 Global Automotive Steel Forging Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Automotive Steel Forging Market Size (2019-2030)
6.2 North America Automotive Steel Forging Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Automotive Steel Forging Market Size by Country (2019-2024)
6.4 North America Automotive Steel Forging Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Automotive Steel Forging Market Size (2019-2030)
7.2 Europe Automotive Steel Forging Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Automotive Steel Forging Market Size by Country (2019-2024)
7.4 Europe Automotive Steel Forging Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Automotive Steel Forging Market Size (2019-2030)
8.2 Asia-Pacific Automotive Steel Forging Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Automotive Steel Forging Market Size by Region (2019-2024)
8.4 Asia-Pacific Automotive Steel Forging Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Automotive Steel Forging Market Size (2019-2030)
9.2 Latin America Automotive Steel Forging Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Automotive Steel Forging Market Size by Country (2019-2024)
9.4 Latin America Automotive Steel Forging Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Automotive Steel Forging Market Size (2019-2030)
10.2 Middle East & Africa Automotive Steel Forging Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Automotive Steel Forging Market Size by Country (2019-2024)
10.4 Middle East & Africa Automotive Steel Forging Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 GKN
11.1.1 GKN Company Detail
11.1.2 GKN Business Overview
11.1.3 GKN Automotive Steel Forging Introduction
11.1.4 GKN Revenue in Automotive Steel Forging Business (2019-2024)
11.1.5 GKN Recent Development
11.2 EL Forge Limited
11.2.1 EL Forge Limited Company Detail
11.2.2 EL Forge Limited Business Overview
11.2.3 EL Forge Limited Automotive Steel Forging Introduction
11.2.4 EL Forge Limited Revenue in Automotive Steel Forging Business (2019-2024)
11.2.5 EL Forge Limited Recent Development
11.3 ThyssenKrupp
11.3.1 ThyssenKrupp Company Detail
11.3.2 ThyssenKrupp Business Overview
11.3.3 ThyssenKrupp Automotive Steel Forging Introduction
11.3.4 ThyssenKrupp Revenue in Automotive Steel Forging Business (2019-2024)
11.3.5 ThyssenKrupp Recent Development
11.4 Robert Bosch GmbH
11.4.1 Robert Bosch GmbH Company Detail
11.4.2 Robert Bosch GmbH Business Overview
11.4.3 Robert Bosch GmbH Automotive Steel Forging Introduction
11.4.4 Robert Bosch GmbH Revenue in Automotive Steel Forging Business (2019-2024)
11.4.5 Robert Bosch GmbH Recent Development
11.5 American Axle＆Manufacturing Holdings
11.5.1 American Axle＆Manufacturing Holdings Company Detail
11.5.2 American Axle＆Manufacturing Holdings Business Overview
11.5.3 American Axle＆Manufacturing Holdings Automotive Steel Forging Introduction
11.5.4 American Axle＆Manufacturing Holdings Revenue in Automotive Steel Forging Business (2019-2024)
11.5.5 American Axle＆Manufacturing Holdings Recent Development
11.6 Precision Castparts
11.6.1 Precision Castparts Company Detail
11.6.2 Precision Castparts Business Overview
11.6.3 Precision Castparts Automotive Steel Forging Introduction
11.6.4 Precision Castparts Revenue in Automotive Steel Forging Business (2019-2024)
11.6.5 Precision Castparts Recent Development
11.7 Ellwood Group
11.7.1 Ellwood Group Company Detail
11.7.2 Ellwood Group Business Overview
11.7.3 Ellwood Group Automotive Steel Forging Introduction
11.7.4 Ellwood Group Revenue in Automotive Steel Forging Business (2019-2024)
11.7.5 Ellwood Group Recent Development
11.8 ATI Ladish Forging
11.8.1 ATI Ladish Forging Company Detail
11.8.2 ATI Ladish Forging Business Overview
11.8.3 ATI Ladish Forging Automotive Steel Forging Introduction
11.8.4 ATI Ladish Forging Revenue in Automotive Steel Forging Business (2019-2024)
11.8.5 ATI Ladish Forging Recent Development
11.9 FRISA
11.9.1 FRISA Company Detail
11.9.2 FRISA Business Overview
11.9.3 FRISA Automotive Steel Forging Introduction
11.9.4 FRISA Revenue in Automotive Steel Forging Business (2019-2024)
11.9.5 FRISA Recent Development
11.10 NTN Corporation
11.10.1 NTN Corporation Company Detail
11.10.2 NTN Corporation Business Overview
11.10.3 NTN Corporation Automotive Steel Forging Introduction
11.10.4 NTN Corporation Revenue in Automotive Steel Forging Business (2019-2024)
11.10.5 NTN Corporation Recent Development
11.11 Scot Forge
11.11.1 Scot Forge Company Detail
11.11.2 Scot Forge Business Overview
11.11.3 Scot Forge Automotive Steel Forging Introduction
11.11.4 Scot Forge Revenue in Automotive Steel Forging Business (2019-2024)
11.11.5 Scot Forge Recent Development
11.12 Sumitomo
11.12.1 Sumitomo Company Detail
11.12.2 Sumitomo Business Overview
11.12.3 Sumitomo Automotive Steel Forging Introduction
11.12.4 Sumitomo Revenue in Automotive Steel Forging Business (2019-2024)
11.12.5 Sumitomo Recent Development
11.13 Kisaan Steels
11.13.1 Kisaan Steels Company Detail
11.13.2 Kisaan Steels Business Overview
11.13.3 Kisaan Steels Automotive Steel Forging Introduction
11.13.4 Kisaan Steels Revenue in Automotive Steel Forging Business (2019-2024)
11.13.5 Kisaan Steels Recent Development
11.14 Happy Forgings
11.14.1 Happy Forgings Company Detail
11.14.2 Happy Forgings Business Overview
11.14.3 Happy Forgings Automotive Steel Forging Introduction
11.14.4 Happy Forgings Revenue in Automotive Steel Forging Business (2019-2024)
11.14.5 Happy Forgings Recent Development
11.15 Bharat Forge Limited
11.15.1 Bharat Forge Limited Company Detail
11.15.2 Bharat Forge Limited Business Overview
11.15.3 Bharat Forge Limited Automotive Steel Forging Introduction
11.15.4 Bharat Forge Limited Revenue in Automotive Steel Forging Business (2019-2024)
11.15.5 Bharat Forge Limited Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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