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Global Forging Market Research Report 2024

Global Forging Market Research Report 2024

Publishing Date : Jan, 2024

License Type :
 

Report Code : 1395999

No of Pages : 132

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Synopsis
Forging is a manufacturing process involving the shaping of metal using localized compressive forces. The blows are delivered with a hammer (often a power hammer) or a die. Forging is often classified according to the temperature at which it is performed: cold forging (a type of cold working), warm forging, or hot forging (a type of hot working). For the latter two, the metal is heated, usually in a forge. Forged parts can range in weight from less than a kilogram to hundreds of metric tons. Forging has been done by smiths for millennia; the traditional products were kitchenware, hardware, hand tools, edged weapons, cymbals, and jewellery. Since the Industrial Revolution, forged parts are widely used in mechanisms and machines wherever a component requires high strength; such forgings usually require further processing (such as machining) to achieve a finished part. Today, forging is a major worldwide industry.

The global Forging market was valued at US$ 82000 million in 2023 and is anticipated to reach US$ 118210 million by 2030, witnessing a CAGR of 5.3% during the forecast period 2024-2030.

Global Forging key players include Precision Castparts Corp, Arconic, Thyssenkrupp, KOBELCO, Nippon Steel & Sumitomo Metal, etc. Global top five manufacturers hold a share about 15%. China is the largest market, with a share about 30%, followed by Europe, with a share about 25 percent. In terms of product, Closed Die Forgings is the largest segment, with a share about 80%. And in terms of application, the largest application is Automotive, followed by General Industrial, Aerospace, Agricultural, etc.

This report aims to provide a comprehensive presentation of the global market for 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 Forging.

Report Scope

The Forging market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and 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 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 Forging manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

By Company

  • Nippon Steel & Sumitomo Metal
  • Aichi Steel
  • Thyssenkrupp
  • AAM
  • Bharat Forge
  • KOBELCO
  • WanXiang
  • FAW
  • Arconic
  • Mahindra Forgings Europe
  • Farinia
  • Longcheng Forging
  • Sinotruck
  • Dongfeng Forging
  • Jiangsu Pacific Precision Forging
  • Sypris Solutions
  • Ashok Leyland
  • Allegheny Technologies
  • VDM Metals
  • CITIC Heavy Industries

Segment by Type

  • Closed Die Forgings
  • Open Die Forgings
  • Rolled Rings Forgings

Segment by Application

  • Automotive
  • Aerospace
  • Agricultural
  • General Industrial
  • Other

Production by Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
  • Latin America (Mexico, Brazil, Argentina, Colombia)

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, 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: Detailed analysis of Forging manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Forging by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Forging in regional level and country level. 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 production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.

Index

1 Forging Market Overview
1.1 Product Definition
1.2 Forging Segment by Type
1.2.1 Global Forging Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Closed Die Forgings
1.2.3 Open Die Forgings
1.2.4 Rolled Rings Forgings
1.3 Forging Segment by Application
1.3.1 Global Forging Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Automotive
1.3.3 Aerospace
1.3.4 Agricultural
1.3.5 General Industrial
1.3.6 Other
1.4 Global Market Growth Prospects
1.4.1 Global Forging Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Forging Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Forging Production Estimates and Forecasts (2019-2030)
1.4.4 Global Forging Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Forging Production Market Share by Manufacturers (2019-2024)
2.2 Global Forging Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Forging, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Forging Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Forging Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Forging, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Forging, Product Offered and Application
2.8 Global Key Manufacturers of Forging, Date of Enter into This Industry
2.9 Forging Market Competitive Situation and Trends
2.9.1 Forging Market Concentration Rate
2.9.2 Global 5 and 10 Largest Forging Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Forging Production by Region
3.1 Global Forging Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Forging Production Value by Region (2019-2030)
3.2.1 Global Forging Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Forging by Region (2025-2030)
3.3 Global Forging Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Forging Production by Region (2019-2030)
3.4.1 Global Forging Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Forging by Region (2025-2030)
3.5 Global Forging Market Price Analysis by Region (2019-2024)
3.6 Global Forging Production and Value, Year-over-Year Growth
3.6.1 North America Forging Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Forging Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Forging Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Forging Production Value Estimates and Forecasts (2019-2030)
3.6.5 India Forging Production Value Estimates and Forecasts (2019-2030)
4 Forging Consumption by Region
4.1 Global Forging Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Forging Consumption by Region (2019-2030)
4.2.1 Global Forging Consumption by Region (2019-2024)
4.2.2 Global Forging Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Forging Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Forging Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Forging Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Forging Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Forging Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Forging Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Forging Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Forging Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Forging Production by Type (2019-2030)
5.1.1 Global Forging Production by Type (2019-2024)
5.1.2 Global Forging Production by Type (2025-2030)
5.1.3 Global Forging Production Market Share by Type (2019-2030)
5.2 Global Forging Production Value by Type (2019-2030)
5.2.1 Global Forging Production Value by Type (2019-2024)
5.2.2 Global Forging Production Value by Type (2025-2030)
5.2.3 Global Forging Production Value Market Share by Type (2019-2030)
5.3 Global Forging Price by Type (2019-2030)
6 Segment by Application
6.1 Global Forging Production by Application (2019-2030)
6.1.1 Global Forging Production by Application (2019-2024)
6.1.2 Global Forging Production by Application (2025-2030)
6.1.3 Global Forging Production Market Share by Application (2019-2030)
6.2 Global Forging Production Value by Application (2019-2030)
6.2.1 Global Forging Production Value by Application (2019-2024)
6.2.2 Global Forging Production Value by Application (2025-2030)
6.2.3 Global Forging Production Value Market Share by Application (2019-2030)
6.3 Global Forging Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Nippon Steel & Sumitomo Metal
7.1.1 Nippon Steel & Sumitomo Metal Forging Corporation Information
7.1.2 Nippon Steel & Sumitomo Metal Forging Product Portfolio
7.1.3 Nippon Steel & Sumitomo Metal Forging Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Nippon Steel & Sumitomo Metal Main Business and Markets Served
7.1.5 Nippon Steel & Sumitomo Metal Recent Developments/Updates
7.2 Aichi Steel
7.2.1 Aichi Steel Forging Corporation Information
7.2.2 Aichi Steel Forging Product Portfolio
7.2.3 Aichi Steel Forging Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Aichi Steel Main Business and Markets Served
7.2.5 Aichi Steel Recent Developments/Updates
7.3 Thyssenkrupp
7.3.1 Thyssenkrupp Forging Corporation Information
7.3.2 Thyssenkrupp Forging Product Portfolio
7.3.3 Thyssenkrupp Forging Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Thyssenkrupp Main Business and Markets Served
7.3.5 Thyssenkrupp Recent Developments/Updates
7.4 AAM
7.4.1 AAM Forging Corporation Information
7.4.2 AAM Forging Product Portfolio
7.4.3 AAM Forging Production, Value, Price and Gross Margin (2019-2024)
7.4.4 AAM Main Business and Markets Served
7.4.5 AAM Recent Developments/Updates
7.5 Bharat Forge
7.5.1 Bharat Forge Forging Corporation Information
7.5.2 Bharat Forge Forging Product Portfolio
7.5.3 Bharat Forge Forging Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Bharat Forge Main Business and Markets Served
7.5.5 Bharat Forge Recent Developments/Updates
7.6 KOBELCO
7.6.1 KOBELCO Forging Corporation Information
7.6.2 KOBELCO Forging Product Portfolio
7.6.3 KOBELCO Forging Production, Value, Price and Gross Margin (2019-2024)
7.6.4 KOBELCO Main Business and Markets Served
7.6.5 KOBELCO Recent Developments/Updates
7.7 WanXiang
7.7.1 WanXiang Forging Corporation Information
7.7.2 WanXiang Forging Product Portfolio
7.7.3 WanXiang Forging Production, Value, Price and Gross Margin (2019-2024)
7.7.4 WanXiang Main Business and Markets Served
7.7.5 WanXiang Recent Developments/Updates
7.8 FAW
7.8.1 FAW Forging Corporation Information
7.8.2 FAW Forging Product Portfolio
7.8.3 FAW Forging Production, Value, Price and Gross Margin (2019-2024)
7.8.4 FAW Main Business and Markets Served
7.7.5 FAW Recent Developments/Updates
7.9 Arconic
7.9.1 Arconic Forging Corporation Information
7.9.2 Arconic Forging Product Portfolio
7.9.3 Arconic Forging Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Arconic Main Business and Markets Served
7.9.5 Arconic Recent Developments/Updates
7.10 Mahindra Forgings Europe
7.10.1 Mahindra Forgings Europe Forging Corporation Information
7.10.2 Mahindra Forgings Europe Forging Product Portfolio
7.10.3 Mahindra Forgings Europe Forging Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Mahindra Forgings Europe Main Business and Markets Served
7.10.5 Mahindra Forgings Europe Recent Developments/Updates
7.11 Farinia
7.11.1 Farinia Forging Corporation Information
7.11.2 Farinia Forging Product Portfolio
7.11.3 Farinia Forging Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Farinia Main Business and Markets Served
7.11.5 Farinia Recent Developments/Updates
7.12 Longcheng Forging
7.12.1 Longcheng Forging Forging Corporation Information
7.12.2 Longcheng Forging Forging Product Portfolio
7.12.3 Longcheng Forging Forging Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Longcheng Forging Main Business and Markets Served
7.12.5 Longcheng Forging Recent Developments/Updates
7.13 Sinotruck
7.13.1 Sinotruck Forging Corporation Information
7.13.2 Sinotruck Forging Product Portfolio
7.13.3 Sinotruck Forging Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Sinotruck Main Business and Markets Served
7.13.5 Sinotruck Recent Developments/Updates
7.14 Dongfeng Forging
7.14.1 Dongfeng Forging Forging Corporation Information
7.14.2 Dongfeng Forging Forging Product Portfolio
7.14.3 Dongfeng Forging Forging Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Dongfeng Forging Main Business and Markets Served
7.14.5 Dongfeng Forging Recent Developments/Updates
7.15 Jiangsu Pacific Precision Forging
7.15.1 Jiangsu Pacific Precision Forging Forging Corporation Information
7.15.2 Jiangsu Pacific Precision Forging Forging Product Portfolio
7.15.3 Jiangsu Pacific Precision Forging Forging Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Jiangsu Pacific Precision Forging Main Business and Markets Served
7.15.5 Jiangsu Pacific Precision Forging Recent Developments/Updates
7.16 Sypris Solutions
7.16.1 Sypris Solutions Forging Corporation Information
7.16.2 Sypris Solutions Forging Product Portfolio
7.16.3 Sypris Solutions Forging Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Sypris Solutions Main Business and Markets Served
7.16.5 Sypris Solutions Recent Developments/Updates
7.17 Ashok Leyland
7.17.1 Ashok Leyland Forging Corporation Information
7.17.2 Ashok Leyland Forging Product Portfolio
7.17.3 Ashok Leyland Forging Production, Value, Price and Gross Margin (2019-2024)
7.17.4 Ashok Leyland Main Business and Markets Served
7.17.5 Ashok Leyland Recent Developments/Updates
7.18 Allegheny Technologies
7.18.1 Allegheny Technologies Forging Corporation Information
7.18.2 Allegheny Technologies Forging Product Portfolio
7.18.3 Allegheny Technologies Forging Production, Value, Price and Gross Margin (2019-2024)
7.18.4 Allegheny Technologies Main Business and Markets Served
7.18.5 Allegheny Technologies Recent Developments/Updates
7.19 VDM Metals
7.19.1 VDM Metals Forging Corporation Information
7.19.2 VDM Metals Forging Product Portfolio
7.19.3 VDM Metals Forging Production, Value, Price and Gross Margin (2019-2024)
7.19.4 VDM Metals Main Business and Markets Served
7.19.5 VDM Metals Recent Developments/Updates
7.20 CITIC Heavy Industries
7.20.1 CITIC Heavy Industries Forging Corporation Information
7.20.2 CITIC Heavy Industries Forging Product Portfolio
7.20.3 CITIC Heavy Industries Forging Production, Value, Price and Gross Margin (2019-2024)
7.20.4 CITIC Heavy Industries Main Business and Markets Served
7.20.5 CITIC Heavy Industries Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Forging Industry Chain Analysis
8.2 Forging Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Forging Production Mode & Process
8.4 Forging Sales and Marketing
8.4.1 Forging Sales Channels
8.4.2 Forging Distributors
8.5 Forging Customers
9 Forging Market Dynamics
9.1 Forging Industry Trends
9.2 Forging Market Drivers
9.3 Forging Market Challenges
9.4 Forging Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer

Published By : QY Research

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