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Steel Forging for Automotive-Global Market Insights and Sales Trends 2024
Synopsis
The global Steel Forging for Automotive market size is expected to reach US$ 70010 million by 2029, growing at a CAGR of 5.5% from 2023 to 2029. The market is mainly driven by the significant applications of Steel Forging for Automotive in various end use industries. The expanding demands from the Passenger Car and Commercial Vehicle, are propelling Steel Forging for Automotive market. Bearing, 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 Steel Forging for Automotive, 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 Steel Forging for Automotive 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 Steel Forging for Automotive market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Steel Forging for Automotive 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 Steel Forging for Automotive covered in this report include GKN, EL Forge Limited, ThyssenKrupp, Robert Bosch GmbH, American Axle＆Manufacturing Holdings, Precision Castparts, Ellwood Group, ATI Ladish Forging and FRISA, etc.
The global Steel Forging for Automotive market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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
Global Steel Forging for Automotive 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 Steel Forging for Automotive market, Segment by Type:
Bearing
Crankshaft
Piston
Other
Global Steel Forging for Automotive market, by Application
Passenger Car
Commercial Vehicle
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 Steel Forging for Automotive manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Steel Forging for Automotive 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.
The global Steel Forging for Automotive market size is expected to reach US$ 70010 million by 2029, growing at a CAGR of 5.5% from 2023 to 2029. The market is mainly driven by the significant applications of Steel Forging for Automotive in various end use industries. The expanding demands from the Passenger Car and Commercial Vehicle, are propelling Steel Forging for Automotive market. Bearing, 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 Steel Forging for Automotive, 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 Steel Forging for Automotive 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 Steel Forging for Automotive market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Steel Forging for Automotive 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 Steel Forging for Automotive covered in this report include GKN, EL Forge Limited, ThyssenKrupp, Robert Bosch GmbH, American Axle＆Manufacturing Holdings, Precision Castparts, Ellwood Group, ATI Ladish Forging and FRISA, etc.
The global Steel Forging for Automotive market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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
Global Steel Forging for Automotive 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 Steel Forging for Automotive market, Segment by Type:
Bearing
Crankshaft
Piston
Other
Global Steel Forging for Automotive market, by Application
Passenger Car
Commercial Vehicle
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 Steel Forging for Automotive manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Steel Forging for Automotive 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 Steel Forging for Automotive Market Overview
1.1 Steel Forging for Automotive Product Overview
1.2 Steel Forging for Automotive Market Segment by Type
1.2.1 Bearing
1.2.2 Crankshaft
1.2.3 Piston
1.2.4 Other
1.3 Global Steel Forging for Automotive Market Size by Type
1.3.1 Global Steel Forging for Automotive Market Size Overview by Type (2018-2029)
1.3.2 Global Steel Forging for Automotive Historic Market Size Review by Type (2018-2023)
1.3.3 Global Steel Forging for Automotive Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Steel Forging for Automotive Sales Breakdown by Type (2018-2023)
1.4.2 Europe Steel Forging for Automotive Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Steel Forging for Automotive Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Steel Forging for Automotive Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Steel Forging for Automotive Sales Breakdown by Type (2018-2023)
2 Global Steel Forging for Automotive Market Competition by Company
2.1 Global Top Players by Steel Forging for Automotive Sales (2018-2023)
2.2 Global Top Players by Steel Forging for Automotive Revenue (2018-2023)
2.3 Global Top Players by Steel Forging for Automotive Price (2018-2023)
2.4 Global Top Manufacturers Steel Forging for Automotive Manufacturing Base Distribution, Sales Area, Product Type
2.5 Steel Forging for Automotive Market Competitive Situation and Trends
2.5.1 Steel Forging for Automotive Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Steel Forging for Automotive 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 Steel Forging for Automotive as of 2022)
2.7 Date of Key Manufacturers Enter into Steel Forging for Automotive Market
2.8 Key Manufacturers Steel Forging for Automotive Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Steel Forging for Automotive Status and Outlook by Region
3.1 Global Steel Forging for Automotive Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Steel Forging for Automotive Historic Market Size by Region
3.2.1 Global Steel Forging for Automotive Sales in Volume by Region (2018-2023)
3.2.2 Global Steel Forging for Automotive Sales in Value by Region (2018-2023)
3.2.3 Global Steel Forging for Automotive Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Steel Forging for Automotive Forecasted Market Size by Region
3.3.1 Global Steel Forging for Automotive Sales in Volume by Region (2024-2029)
3.3.2 Global Steel Forging for Automotive Sales in Value by Region (2024-2029)
3.3.3 Global Steel Forging for Automotive Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Steel Forging for Automotive by Application
4.1 Steel Forging for Automotive Market Segment by Application
4.1.1 Passenger Car
4.1.2 Commercial Vehicle
4.2 Global Steel Forging for Automotive Market Size by Application
4.2.1 Global Steel Forging for Automotive Market Size Overview by Application (2018-2029)
4.2.2 Global Steel Forging for Automotive Historic Market Size Review by Application (2018-2023)
4.2.3 Global Steel Forging for Automotive Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Steel Forging for Automotive Sales Breakdown by Application (2018-2023)
4.3.2 Europe Steel Forging for Automotive Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Steel Forging for Automotive Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Steel Forging for Automotive Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Steel Forging for Automotive Sales Breakdown by Application (2018-2023)
5 North America Steel Forging for Automotive by Country
5.1 North America Steel Forging for Automotive Historic Market Size by Country
5.1.1 North America Steel Forging for Automotive Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Steel Forging for Automotive Sales in Volume by Country (2018-2023)
5.1.3 North America Steel Forging for Automotive Sales in Value by Country (2018-2023)
5.2 North America Steel Forging for Automotive Forecasted Market Size by Country
5.2.1 North America Steel Forging for Automotive Sales in Volume by Country (2024-2029)
5.2.2 North America Steel Forging for Automotive Sales in Value by Country (2024-2029)
6 Europe Steel Forging for Automotive by Country
6.1 Europe Steel Forging for Automotive Historic Market Size by Country
6.1.1 Europe Steel Forging for Automotive Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Steel Forging for Automotive Sales in Volume by Country (2018-2023)
6.1.3 Europe Steel Forging for Automotive Sales in Value by Country (2018-2023)
6.2 Europe Steel Forging for Automotive Forecasted Market Size by Country
6.2.1 Europe Steel Forging for Automotive Sales in Volume by Country (2024-2029)
6.2.2 Europe Steel Forging for Automotive Sales in Value by Country (2024-2029)
7 Asia-Pacific Steel Forging for Automotive by Region
7.1 Asia-Pacific Steel Forging for Automotive Historic Market Size by Region
7.1.1 Asia-Pacific Steel Forging for Automotive Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Steel Forging for Automotive Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Steel Forging for Automotive Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Steel Forging for Automotive Forecasted Market Size by Region
7.2.1 Asia-Pacific Steel Forging for Automotive Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Steel Forging for Automotive Sales in Value by Region (2024-2029)
8 Latin America Steel Forging for Automotive by Country
8.1 Latin America Steel Forging for Automotive Historic Market Size by Country
8.1.1 Latin America Steel Forging for Automotive Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Steel Forging for Automotive Sales in Volume by Country (2018-2023)
8.1.3 Latin America Steel Forging for Automotive Sales in Value by Country (2018-2023)
8.2 Latin America Steel Forging for Automotive Forecasted Market Size by Country
8.2.1 Latin America Steel Forging for Automotive Sales in Volume by Country (2024-2029)
8.2.2 Latin America Steel Forging for Automotive Sales in Value by Country (2024-2029)
9 Middle East and Africa Steel Forging for Automotive by Country
9.1 Middle East and Africa Steel Forging for Automotive Historic Market Size by Country
9.1.1 Middle East and Africa Steel Forging for Automotive Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Steel Forging for Automotive Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Steel Forging for Automotive Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Steel Forging for Automotive Forecasted Market Size by Country
9.2.1 Middle East and Africa Steel Forging for Automotive Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Steel Forging for Automotive Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 GKN
10.1.1 GKN Company Information
10.1.2 GKN Introduction and Business Overview
10.1.3 GKN Steel Forging for Automotive Sales, Revenue and Gross Margin (2018-2023)
10.1.4 GKN Steel Forging for Automotive Products Offered
10.1.5 GKN Recent Development
10.2 EL Forge Limited
10.2.1 EL Forge Limited Company Information
10.2.2 EL Forge Limited Introduction and Business Overview
10.2.3 EL Forge Limited Steel Forging for Automotive Sales, Revenue and Gross Margin (2018-2023)
10.2.4 EL Forge Limited Steel Forging for Automotive Products Offered
10.2.5 EL Forge Limited Recent Development
10.3 ThyssenKrupp
10.3.1 ThyssenKrupp Company Information
10.3.2 ThyssenKrupp Introduction and Business Overview
10.3.3 ThyssenKrupp Steel Forging for Automotive Sales, Revenue and Gross Margin (2018-2023)
10.3.4 ThyssenKrupp Steel Forging for Automotive Products Offered
10.3.5 ThyssenKrupp Recent Development
10.4 Robert Bosch GmbH
10.4.1 Robert Bosch GmbH Company Information
10.4.2 Robert Bosch GmbH Introduction and Business Overview
10.4.3 Robert Bosch GmbH Steel Forging for Automotive Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Robert Bosch GmbH Steel Forging for Automotive Products Offered
10.4.5 Robert Bosch GmbH Recent Development
10.5 American Axle＆Manufacturing Holdings
10.5.1 American Axle＆Manufacturing Holdings Company Information
10.5.2 American Axle＆Manufacturing Holdings Introduction and Business Overview
10.5.3 American Axle＆Manufacturing Holdings Steel Forging for Automotive Sales, Revenue and Gross Margin (2018-2023)
10.5.4 American Axle＆Manufacturing Holdings Steel Forging for Automotive Products Offered
10.5.5 American Axle＆Manufacturing Holdings Recent Development
10.6 Precision Castparts
10.6.1 Precision Castparts Company Information
10.6.2 Precision Castparts Introduction and Business Overview
10.6.3 Precision Castparts Steel Forging for Automotive Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Precision Castparts Steel Forging for Automotive Products Offered
10.6.5 Precision Castparts Recent Development
10.7 Ellwood Group
10.7.1 Ellwood Group Company Information
10.7.2 Ellwood Group Introduction and Business Overview
10.7.3 Ellwood Group Steel Forging for Automotive Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Ellwood Group Steel Forging for Automotive Products Offered
10.7.5 Ellwood Group Recent Development
10.8 ATI Ladish Forging
10.8.1 ATI Ladish Forging Company Information
10.8.2 ATI Ladish Forging Introduction and Business Overview
10.8.3 ATI Ladish Forging Steel Forging for Automotive Sales, Revenue and Gross Margin (2018-2023)
10.8.4 ATI Ladish Forging Steel Forging for Automotive Products Offered
10.8.5 ATI Ladish Forging Recent Development
10.9 FRISA
10.9.1 FRISA Company Information
10.9.2 FRISA Introduction and Business Overview
10.9.3 FRISA Steel Forging for Automotive Sales, Revenue and Gross Margin (2018-2023)
10.9.4 FRISA Steel Forging for Automotive Products Offered
10.9.5 FRISA Recent Development
10.10 NTN Corporation
10.10.1 NTN Corporation Company Information
10.10.2 NTN Corporation Introduction and Business Overview
10.10.3 NTN Corporation Steel Forging for Automotive Sales, Revenue and Gross Margin (2018-2023)
10.10.4 NTN Corporation Steel Forging for Automotive Products Offered
10.10.5 NTN Corporation Recent Development
10.11 Scot Forge
10.11.1 Scot Forge Company Information
10.11.2 Scot Forge Introduction and Business Overview
10.11.3 Scot Forge Steel Forging for Automotive Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Scot Forge Steel Forging for Automotive Products Offered
10.11.5 Scot Forge Recent Development
10.12 Sumitomo
10.12.1 Sumitomo Company Information
10.12.2 Sumitomo Introduction and Business Overview
10.12.3 Sumitomo Steel Forging for Automotive Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Sumitomo Steel Forging for Automotive Products Offered
10.12.5 Sumitomo Recent Development
10.13 Kisaan Steels
10.13.1 Kisaan Steels Company Information
10.13.2 Kisaan Steels Introduction and Business Overview
10.13.3 Kisaan Steels Steel Forging for Automotive Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Kisaan Steels Steel Forging for Automotive Products Offered
10.13.5 Kisaan Steels Recent Development
10.14 Happy Forgings
10.14.1 Happy Forgings Company Information
10.14.2 Happy Forgings Introduction and Business Overview
10.14.3 Happy Forgings Steel Forging for Automotive Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Happy Forgings Steel Forging for Automotive Products Offered
10.14.5 Happy Forgings Recent Development
10.15 Bharat Forge Limited
10.15.1 Bharat Forge Limited Company Information
10.15.2 Bharat Forge Limited Introduction and Business Overview
10.15.3 Bharat Forge Limited Steel Forging for Automotive Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Bharat Forge Limited Steel Forging for Automotive Products Offered
10.15.5 Bharat Forge Limited Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Steel Forging for Automotive 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 Steel Forging for Automotive Industrial Chain Analysis
11.4 Steel Forging for Automotive Market Dynamics
11.4.1 Steel Forging for Automotive Industry Trends
11.4.2 Steel Forging for Automotive Market Drivers
11.4.3 Steel Forging for Automotive Market Challenges
11.4.4 Steel Forging for Automotive Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Steel Forging for Automotive Distributors
12.3 Steel Forging for Automotive 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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