1. What is the projected Compound Annual Growth Rate (CAGR) of the Automotive Forging Market?
The projected CAGR is approximately 4.8%.
Automotive Forging MarketAutomotive Forging Market Is Set To Reach USD Billion By 2033, Growing At A CAGR Of 4.8
Automotive Forging Market by Vehicle Type (Passenger Cars, Light Commercial Vehicles, Medium & Heavy Commercial Vehicles, Agriculture Machinery, Construction Equipment, Others), by Material (Steel, Aluminum), by Application (Gears, Crankshaft, Pistons, Axle, Bearings, Connecting Rods, Others), by Technology (Closed Die, Open Die, Others), by Supplier Type (Local, International), by By Vehicle Type (Passenger Cars, Light Commercial Vehicles, Medium & Heavy Commercial Vehicles, Agricultural Machinery, Construction Equipment, Others), by Europe (U.K., Germany, France, Rest of Europe), by Asia Pacific (China, Japan, India, South Korea, Rest of Asia Pacific) Forecast 2025-2033
Base Year: 2024
180 Pages
Automotive Forging Market Is Set To Reach USD Billion By 2033, Growing At A CAGR Of 4.8
Automotive Forging Market Is Set To Reach USD Billion By 2033, Growing At A CAGR Of 4.8
Key Insights
The Automotive Forging Market size was valued at USD 45.92 USD Billion in 2023 and is projected to reach USD 63.76 USD Billion by 2032, exhibiting a CAGR of 4.8 % during the forecast period. Forging is used to make a variety of components, including engine components, transmission components, and suspension components, among others. There are four types of forging, including impression die forging (closed die), open die forging, cold forging, and seamless rolled ring forging. They have a wide variety of benefits, including aligning the grain structure of the metal, resulting in a stronger, more durable product, improved fatigue resistance, increased dimensional accuracy and consistency, an improved surface finish, and more. They are used in various applications, such as automotive and aerospace components, hand and power tools, construction components, power generation and transmission components, medical devices, and others. Increasing importance on fuel efficiency and emission reduction, automotive manufacturers are turning to lightweight materials to improve the performance of vehicles. Forged components, known for their strength-to-weight ratio, are integral to lightweighting initiatives, driving demand for forged parts such as crankshafts, connecting rods, and gears.
Automotive Forging Trends
- Increasing adoption of lightweight materials like aluminum and magnesium
- Growing demand for electric vehicles
- Integration of advanced manufacturing technologies
- Rise of autonomous driving systems
Driving Forces: What's Propelling the Automotive Forging Market
- Stringent government regulations on vehicle emissions
- Growing urbanization and increasing disposable income
- Technological advancements in forging techniques
- Expansion of automotive industry in emerging economies
Challenges and Restraints in Automotive Forging Market
- High production costs
- Fluctuating prices of raw materials
- Intense competition from alternative manufacturing processes, such as casting and machining
- Environmental concerns related to metal forging, including air pollution and energy consumption
Emerging Trends in Automotive Forging
- Use of additive manufacturing for rapid prototyping and production of complex parts
- Development of new forging alloys with improved strength and durability
- Adoption of Industry 4.0 technologies for automation and data analytics
Growth Catalysts in Automotive Forging Industry
- Increasing demand for customized and high-performance automotive components
- Government incentives for promoting electric and hybrid vehicles
- Rising adoption of advanced driver assistance systems (ADAS)
- Expansion of automotive aftermarket and replacement parts market
Market Segmentation: Automotive Forging Analysis
Vehicle Type:
- Passenger Cars
- Light Commercial Vehicles
- Medium & Heavy Commercial Vehicles
- Agriculture Machinery
- Construction Equipment
- Others
Material:
- Steel
- Aluminum
Application:
- Gears
- Crankshaft
- Pistons
- Axle
- Bearings
- Connecting Rods
- Others
Technology:
- Closed Die
- Open Die
- Others
Supplier Type:
- Local
- International
Leading Players in the Automotive Forging Market
- ThyssenKrupp AG (Germany)
- CIE Automotive (Spain)
- NTN Corporation (Japan)
- American Axle and Manufacturing Inc. (U.S.)
- Bharat Forge Limited (India)
- Ramkrishna Forgings (India)
- Dana Limited (U.S.)
- Meritor Inc. (U.S.)
- ZF Friedrichshafen AG (Germany)
Significant developments in Automotive Forging Sector
- 2022: ThyssenKrupp acquires automotive forge business of Arevac Steel in France
- 2021: CIE Automotive invests in new aluminum forging facility in Mexico
- 2020: American Axle and Manufacturing launches new line of lightweight forged aluminum knuckles
Comprehensive Coverage Automotive Forging Market Report
- Market size and forecast
- Competitive landscape
- Key trends and drivers
- Growth opportunities and challenges
- Industry analysis and segmentation
- SWOT analysis of leading players
- Regional market analysis
- Pricing strategies and DROCs
Regional Insight
- North America: Mature market with strong demand from automotive manufacturers. Presence of major forging companies and well-established supply chain.
- Europe: Second-largest market, characterized by high demand from the automotive and aerospace industries. Leading automotive manufacturers and Tier-1 suppliers based in the region.
- Asia-Pacific: Rapidly growing market, driven by increasing automotive production and industrialization. Presence of emerging forging hubs in China, India, and Southeast Asia.
- Latin America: Emerging market with potential due to growing automotive production, particularly in Brazil. Limited number of local forging companies.
- Middle East & Africa: Small but growing market, with significant potential in countries like Saudi Arabia and United Arab Emirates. Demand driven by infrastructure and construction projects.
Pricing Strategies
- Cost-plus pricing
- Market-based pricing
- Value-based pricing
DROCs
- Direct costs (material, labor, overhead)
- Indirect costs (R&D, marketing, administration)
- Depreciation and amortization
- Profit margin
Segmentation
Vehicle Type
- Passenger Cars
- Commercial vehicle
- Other
Material
- Steel
- Aluminum
- Other
Application
- Gears
- Crankshafts
- Connecting rods
- Construction Equipment
- Other
SWOT Analysis
Strengths
- Improved performance
- Reduced weight
- Enhanced durability
- Lower maintenance costs
Weaknesses
- High production costs
- Limited design flexibility
- Noise and vibration issues
Opportunities
- Growing demand for lightweight vehicles
- Increasing adoption of electric vehicles
- Technological advancements in forging techniques
Threats
- Competition from alternative manufacturing processes
- Fluctuations in raw material prices
- Environmental regulations
Automotive Forging Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2019-2033 |
| Base Year | 2024 |
| Estimated Year | 2025 |
| Forecast Period | 2025-2033 |
| Historical Period | 2019-2024 |
| Growth Rate | CAGR of 4.8% from 2019-2033 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1 Increasing Demand for Forged Products in Power
- 3.2.2 Agriculture
- 3.2.3 Aerospace
- 3.2.4 and Defense to Drive Industry Expansion
- 3.3. Market Restrains
- 3.3.1. Rising Electric Vehicle Penetration to Hinder Market Growth
- 3.4. Market Trends
- 3.4.1. Rising Adoption of Automation in Manufacturing to Drive Market Growth
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Global Automotive Forging Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Vehicle Type
- 5.1.1. Passenger Cars
- 5.1.2. Light Commercial Vehicles
- 5.1.3. Medium & Heavy Commercial Vehicles
- 5.1.4. Agriculture Machinery
- 5.1.5. Construction Equipment
- 5.1.6. Others
- 5.2. Market Analysis, Insights and Forecast - by Material
- 5.2.1. Steel
- 5.2.2. Aluminum
- 5.3. Market Analysis, Insights and Forecast - by Application
- 5.3.1. Gears
- 5.3.2. Crankshaft
- 5.3.3. Pistons
- 5.3.4. Axle
- 5.3.5. Bearings
- 5.3.6. Connecting Rods
- 5.3.7. Others
- 5.4. Market Analysis, Insights and Forecast - by Technology
- 5.4.1. Closed Die
- 5.4.2. Open Die
- 5.4.3. Others
- 5.5. Market Analysis, Insights and Forecast - by Supplier Type
- 5.5.1. Local
- 5.5.2. International
- 5.6. Market Analysis, Insights and Forecast - by Region
- 5.6.1. By Vehicle Type
- 5.6.2. Europe
- 5.6.3. Asia Pacific
- 5.1. Market Analysis, Insights and Forecast - by Vehicle Type
- 6. By Vehicle Type Automotive Forging Market Analysis, Insights and Forecast, 2019-2031
- 6.1. Market Analysis, Insights and Forecast - by Vehicle Type
- 6.1.1. Passenger Cars
- 6.1.2. Light Commercial Vehicles
- 6.1.3. Medium & Heavy Commercial Vehicles
- 6.1.4. Agriculture Machinery
- 6.1.5. Construction Equipment
- 6.1.6. Others
- 6.2. Market Analysis, Insights and Forecast - by Material
- 6.2.1. Steel
- 6.2.2. Aluminum
- 6.3. Market Analysis, Insights and Forecast - by Application
- 6.3.1. Gears
- 6.3.2. Crankshaft
- 6.3.3. Pistons
- 6.3.4. Axle
- 6.3.5. Bearings
- 6.3.6. Connecting Rods
- 6.3.7. Others
- 6.4. Market Analysis, Insights and Forecast - by Technology
- 6.4.1. Closed Die
- 6.4.2. Open Die
- 6.4.3. Others
- 6.5. Market Analysis, Insights and Forecast - by Supplier Type
- 6.5.1. Local
- 6.5.2. International
- 6.1. Market Analysis, Insights and Forecast - by Vehicle Type
- 7. Europe Automotive Forging Market Analysis, Insights and Forecast, 2019-2031
- 7.1. Market Analysis, Insights and Forecast - by Vehicle Type
- 7.1.1. Passenger Cars
- 7.1.2. Light Commercial Vehicles
- 7.1.3. Medium & Heavy Commercial Vehicles
- 7.1.4. Agriculture Machinery
- 7.1.5. Construction Equipment
- 7.1.6. Others
- 7.2. Market Analysis, Insights and Forecast - by Material
- 7.2.1. Steel
- 7.2.2. Aluminum
- 7.3. Market Analysis, Insights and Forecast - by Application
- 7.3.1. Gears
- 7.3.2. Crankshaft
- 7.3.3. Pistons
- 7.3.4. Axle
- 7.3.5. Bearings
- 7.3.6. Connecting Rods
- 7.3.7. Others
- 7.4. Market Analysis, Insights and Forecast - by Technology
- 7.4.1. Closed Die
- 7.4.2. Open Die
- 7.4.3. Others
- 7.5. Market Analysis, Insights and Forecast - by Supplier Type
- 7.5.1. Local
- 7.5.2. International
- 7.1. Market Analysis, Insights and Forecast - by Vehicle Type
- 8. Asia Pacific Automotive Forging Market Analysis, Insights and Forecast, 2019-2031
- 8.1. Market Analysis, Insights and Forecast - by Vehicle Type
- 8.1.1. Passenger Cars
- 8.1.2. Light Commercial Vehicles
- 8.1.3. Medium & Heavy Commercial Vehicles
- 8.1.4. Agriculture Machinery
- 8.1.5. Construction Equipment
- 8.1.6. Others
- 8.2. Market Analysis, Insights and Forecast - by Material
- 8.2.1. Steel
- 8.2.2. Aluminum
- 8.3. Market Analysis, Insights and Forecast - by Application
- 8.3.1. Gears
- 8.3.2. Crankshaft
- 8.3.3. Pistons
- 8.3.4. Axle
- 8.3.5. Bearings
- 8.3.6. Connecting Rods
- 8.3.7. Others
- 8.4. Market Analysis, Insights and Forecast - by Technology
- 8.4.1. Closed Die
- 8.4.2. Open Die
- 8.4.3. Others
- 8.5. Market Analysis, Insights and Forecast - by Supplier Type
- 8.5.1. Local
- 8.5.2. International
- 8.1. Market Analysis, Insights and Forecast - by Vehicle Type
- 9. North America Automotive Forging Market Analysis, Insights and Forecast, 2019-2031
- 9.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 9.1.1 United States
- 9.1.2 Canada
- 9.1.3 Mexico
- 10. Middle East & Africa Automotive Forging Market Analysis, Insights and Forecast, 2019-2031
- 10.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 10.1.1 UAE
- 10.1.2 South Africa
- 10.1.3 Saudi Arabia
- 10.1.4 Rest of Middle East Africa
- 11. Asia Pacific Automotive Forging Market Analysis, Insights and Forecast, 2019-2031
- 11.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 11.1.1 China
- 11.1.2 Japan
- 11.1.3 India
- 11.1.4 South Korea
- 11.1.5 Taiwan
- 11.1.6 South East Asia
- 11.1.7 Australia
- 11.1.8 Rest of Asia-Pacific
- 12. Europe Automotive Forging Market Analysis, Insights and Forecast, 2019-2031
- 12.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 12.1.1 Germany
- 12.1.2 France
- 12.1.3 Italy
- 12.1.4 United Kingdom
- 12.1.5 Spain
- 12.1.6 Nordics
- 12.1.7 Benelux
- 12.1.8 Rest of Europe
- 13. Latin America Automotive Forging Market Analysis, Insights and Forecast, 2019-2031
- 13.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 13.1.1 Brazil
- 13.1.2 Argentina
- 13.1.3 Rest of South America
- 14. Competitive Analysis
- 14.1. Global Market Share Analysis 2024
- 14.2. Company Profiles
- 14.2.1 ThyssenKrupp AG (Germany)
- 14.2.1.1. Overview
- 14.2.1.2. Products
- 14.2.1.3. SWOT Analysis
- 14.2.1.4. Recent Developments
- 14.2.1.5. Financials (Based on Availability)
- 14.2.2 CIE Automotive (Spain)
- 14.2.2.1. Overview
- 14.2.2.2. Products
- 14.2.2.3. SWOT Analysis
- 14.2.2.4. Recent Developments
- 14.2.2.5. Financials (Based on Availability)
- 14.2.3 NTN Corporation (Japan)
- 14.2.3.1. Overview
- 14.2.3.2. Products
- 14.2.3.3. SWOT Analysis
- 14.2.3.4. Recent Developments
- 14.2.3.5. Financials (Based on Availability)
- 14.2.4 American Axle and Manufacturing Inc. (U.S.)
- 14.2.4.1. Overview
- 14.2.4.2. Products
- 14.2.4.3. SWOT Analysis
- 14.2.4.4. Recent Developments
- 14.2.4.5. Financials (Based on Availability)
- 14.2.5 Bharat Forge Limited (India)
- 14.2.5.1. Overview
- 14.2.5.2. Products
- 14.2.5.3. SWOT Analysis
- 14.2.5.4. Recent Developments
- 14.2.5.5. Financials (Based on Availability)
- 14.2.6 Ramkrishna Forgings (India)
- 14.2.6.1. Overview
- 14.2.6.2. Products
- 14.2.6.3. SWOT Analysis
- 14.2.6.4. Recent Developments
- 14.2.6.5. Financials (Based on Availability)
- 14.2.7 Dana Limited (U.S.)
- 14.2.7.1. Overview
- 14.2.7.2. Products
- 14.2.7.3. SWOT Analysis
- 14.2.7.4. Recent Developments
- 14.2.7.5. Financials (Based on Availability)
- 14.2.8 Meritor Inc. (U.S.)
- 14.2.8.1. Overview
- 14.2.8.2. Products
- 14.2.8.3. SWOT Analysis
- 14.2.8.4. Recent Developments
- 14.2.8.5. Financials (Based on Availability)
- 14.2.9 ZF Friedrichshafen AG (Germany)
- 14.2.9.1. Overview
- 14.2.9.2. Products
- 14.2.9.3. SWOT Analysis
- 14.2.9.4. Recent Developments
- 14.2.9.5. Financials (Based on Availability)
- 14.2.1 ThyssenKrupp AG (Germany)
List of Figures
- Figure 1: Global Automotive Forging Market Revenue Breakdown (USD Billion, %) by Region 2024 & 2032
- Figure 2: Global Automotive Forging Market Volume Breakdown (K units, %) by Region 2024 & 2032
- Figure 3: North America Automotive Forging Market Revenue (USD Billion), by Country 2024 & 2032
- Figure 4: North America Automotive Forging Market Volume (K units), by Country 2024 & 2032
- Figure 5: North America Automotive Forging Market Revenue Share (%), by Country 2024 & 2032
- Figure 6: North America Automotive Forging Market Volume Share (%), by Country 2024 & 2032
- Figure 7: Middle East & Africa Automotive Forging Market Revenue (USD Billion), by Country 2024 & 2032
- Figure 8: Middle East & Africa Automotive Forging Market Volume (K units), by Country 2024 & 2032
- Figure 9: Middle East & Africa Automotive Forging Market Revenue Share (%), by Country 2024 & 2032
- Figure 10: Middle East & Africa Automotive Forging Market Volume Share (%), by Country 2024 & 2032
- Figure 11: Asia Pacific Automotive Forging Market Revenue (USD Billion), by Country 2024 & 2032
- Figure 12: Asia Pacific Automotive Forging Market Volume (K units), by Country 2024 & 2032
- Figure 13: Asia Pacific Automotive Forging Market Revenue Share (%), by Country 2024 & 2032
- Figure 14: Asia Pacific Automotive Forging Market Volume Share (%), by Country 2024 & 2032
- Figure 15: Europe Automotive Forging Market Revenue (USD Billion), by Country 2024 & 2032
- Figure 16: Europe Automotive Forging Market Volume (K units), by Country 2024 & 2032
- Figure 17: Europe Automotive Forging Market Revenue Share (%), by Country 2024 & 2032
- Figure 18: Europe Automotive Forging Market Volume Share (%), by Country 2024 & 2032
- Figure 19: Latin America Automotive Forging Market Revenue (USD Billion), by Country 2024 & 2032
- Figure 20: Latin America Automotive Forging Market Volume (K units), by Country 2024 & 2032
- Figure 21: Latin America Automotive Forging Market Revenue Share (%), by Country 2024 & 2032
- Figure 22: Latin America Automotive Forging Market Volume Share (%), by Country 2024 & 2032
- Figure 23: By Vehicle Type Automotive Forging Market Revenue (USD Billion), by Vehicle Type 2024 & 2032
- Figure 24: By Vehicle Type Automotive Forging Market Volume (K units), by Vehicle Type 2024 & 2032
- Figure 25: By Vehicle Type Automotive Forging Market Revenue Share (%), by Vehicle Type 2024 & 2032
- Figure 26: By Vehicle Type Automotive Forging Market Volume Share (%), by Vehicle Type 2024 & 2032
- Figure 27: By Vehicle Type Automotive Forging Market Revenue (USD Billion), by Material 2024 & 2032
- Figure 28: By Vehicle Type Automotive Forging Market Volume (K units), by Material 2024 & 2032
- Figure 29: By Vehicle Type Automotive Forging Market Revenue Share (%), by Material 2024 & 2032
- Figure 30: By Vehicle Type Automotive Forging Market Volume Share (%), by Material 2024 & 2032
- Figure 31: By Vehicle Type Automotive Forging Market Revenue (USD Billion), by Application 2024 & 2032
- Figure 32: By Vehicle Type Automotive Forging Market Volume (K units), by Application 2024 & 2032
- Figure 33: By Vehicle Type Automotive Forging Market Revenue Share (%), by Application 2024 & 2032
- Figure 34: By Vehicle Type Automotive Forging Market Volume Share (%), by Application 2024 & 2032
- Figure 35: By Vehicle Type Automotive Forging Market Revenue (USD Billion), by Technology 2024 & 2032
- Figure 36: By Vehicle Type Automotive Forging Market Volume (K units), by Technology 2024 & 2032
- Figure 37: By Vehicle Type Automotive Forging Market Revenue Share (%), by Technology 2024 & 2032
- Figure 38: By Vehicle Type Automotive Forging Market Volume Share (%), by Technology 2024 & 2032
- Figure 39: By Vehicle Type Automotive Forging Market Revenue (USD Billion), by Supplier Type 2024 & 2032
- Figure 40: By Vehicle Type Automotive Forging Market Volume (K units), by Supplier Type 2024 & 2032
- Figure 41: By Vehicle Type Automotive Forging Market Revenue Share (%), by Supplier Type 2024 & 2032
- Figure 42: By Vehicle Type Automotive Forging Market Volume Share (%), by Supplier Type 2024 & 2032
- Figure 43: By Vehicle Type Automotive Forging Market Revenue (USD Billion), by Country 2024 & 2032
- Figure 44: By Vehicle Type Automotive Forging Market Volume (K units), by Country 2024 & 2032
- Figure 45: By Vehicle Type Automotive Forging Market Revenue Share (%), by Country 2024 & 2032
- Figure 46: By Vehicle Type Automotive Forging Market Volume Share (%), by Country 2024 & 2032
- Figure 47: Europe Automotive Forging Market Revenue (USD Billion), by Vehicle Type 2024 & 2032
- Figure 48: Europe Automotive Forging Market Volume (K units), by Vehicle Type 2024 & 2032
- Figure 49: Europe Automotive Forging Market Revenue Share (%), by Vehicle Type 2024 & 2032
- Figure 50: Europe Automotive Forging Market Volume Share (%), by Vehicle Type 2024 & 2032
- Figure 51: Europe Automotive Forging Market Revenue (USD Billion), by Material 2024 & 2032
- Figure 52: Europe Automotive Forging Market Volume (K units), by Material 2024 & 2032
- Figure 53: Europe Automotive Forging Market Revenue Share (%), by Material 2024 & 2032
- Figure 54: Europe Automotive Forging Market Volume Share (%), by Material 2024 & 2032
- Figure 55: Europe Automotive Forging Market Revenue (USD Billion), by Application 2024 & 2032
- Figure 56: Europe Automotive Forging Market Volume (K units), by Application 2024 & 2032
- Figure 57: Europe Automotive Forging Market Revenue Share (%), by Application 2024 & 2032
- Figure 58: Europe Automotive Forging Market Volume Share (%), by Application 2024 & 2032
- Figure 59: Europe Automotive Forging Market Revenue (USD Billion), by Technology 2024 & 2032
- Figure 60: Europe Automotive Forging Market Volume (K units), by Technology 2024 & 2032
- Figure 61: Europe Automotive Forging Market Revenue Share (%), by Technology 2024 & 2032
- Figure 62: Europe Automotive Forging Market Volume Share (%), by Technology 2024 & 2032
- Figure 63: Europe Automotive Forging Market Revenue (USD Billion), by Supplier Type 2024 & 2032
- Figure 64: Europe Automotive Forging Market Volume (K units), by Supplier Type 2024 & 2032
- Figure 65: Europe Automotive Forging Market Revenue Share (%), by Supplier Type 2024 & 2032
- Figure 66: Europe Automotive Forging Market Volume Share (%), by Supplier Type 2024 & 2032
- Figure 67: Europe Automotive Forging Market Revenue (USD Billion), by Country 2024 & 2032
- Figure 68: Europe Automotive Forging Market Volume (K units), by Country 2024 & 2032
- Figure 69: Europe Automotive Forging Market Revenue Share (%), by Country 2024 & 2032
- Figure 70: Europe Automotive Forging Market Volume Share (%), by Country 2024 & 2032
- Figure 71: Asia Pacific Automotive Forging Market Revenue (USD Billion), by Vehicle Type 2024 & 2032
- Figure 72: Asia Pacific Automotive Forging Market Volume (K units), by Vehicle Type 2024 & 2032
- Figure 73: Asia Pacific Automotive Forging Market Revenue Share (%), by Vehicle Type 2024 & 2032
- Figure 74: Asia Pacific Automotive Forging Market Volume Share (%), by Vehicle Type 2024 & 2032
- Figure 75: Asia Pacific Automotive Forging Market Revenue (USD Billion), by Material 2024 & 2032
- Figure 76: Asia Pacific Automotive Forging Market Volume (K units), by Material 2024 & 2032
- Figure 77: Asia Pacific Automotive Forging Market Revenue Share (%), by Material 2024 & 2032
- Figure 78: Asia Pacific Automotive Forging Market Volume Share (%), by Material 2024 & 2032
- Figure 79: Asia Pacific Automotive Forging Market Revenue (USD Billion), by Application 2024 & 2032
- Figure 80: Asia Pacific Automotive Forging Market Volume (K units), by Application 2024 & 2032
- Figure 81: Asia Pacific Automotive Forging Market Revenue Share (%), by Application 2024 & 2032
- Figure 82: Asia Pacific Automotive Forging Market Volume Share (%), by Application 2024 & 2032
- Figure 83: Asia Pacific Automotive Forging Market Revenue (USD Billion), by Technology 2024 & 2032
- Figure 84: Asia Pacific Automotive Forging Market Volume (K units), by Technology 2024 & 2032
- Figure 85: Asia Pacific Automotive Forging Market Revenue Share (%), by Technology 2024 & 2032
- Figure 86: Asia Pacific Automotive Forging Market Volume Share (%), by Technology 2024 & 2032
- Figure 87: Asia Pacific Automotive Forging Market Revenue (USD Billion), by Supplier Type 2024 & 2032
- Figure 88: Asia Pacific Automotive Forging Market Volume (K units), by Supplier Type 2024 & 2032
- Figure 89: Asia Pacific Automotive Forging Market Revenue Share (%), by Supplier Type 2024 & 2032
- Figure 90: Asia Pacific Automotive Forging Market Volume Share (%), by Supplier Type 2024 & 2032
- Figure 91: Asia Pacific Automotive Forging Market Revenue (USD Billion), by Country 2024 & 2032
- Figure 92: Asia Pacific Automotive Forging Market Volume (K units), by Country 2024 & 2032
- Figure 93: Asia Pacific Automotive Forging Market Revenue Share (%), by Country 2024 & 2032
- Figure 94: Asia Pacific Automotive Forging Market Volume Share (%), by Country 2024 & 2032
List of Tables
- Table 1: Global Automotive Forging Market Revenue USD Billion Forecast, by Region 2019 & 2032
- Table 2: Global Automotive Forging Market Volume K units Forecast, by Region 2019 & 2032
- Table 3: Global Automotive Forging Market Revenue USD Billion Forecast, by Vehicle Type 2019 & 2032
- Table 4: Global Automotive Forging Market Volume K units Forecast, by Vehicle Type 2019 & 2032
- Table 5: Global Automotive Forging Market Revenue USD Billion Forecast, by Material 2019 & 2032
- Table 6: Global Automotive Forging Market Volume K units Forecast, by Material 2019 & 2032
- Table 7: Global Automotive Forging Market Revenue USD Billion Forecast, by Application 2019 & 2032
- Table 8: Global Automotive Forging Market Volume K units Forecast, by Application 2019 & 2032
- Table 9: Global Automotive Forging Market Revenue USD Billion Forecast, by Technology 2019 & 2032
- Table 10: Global Automotive Forging Market Volume K units Forecast, by Technology 2019 & 2032
- Table 11: Global Automotive Forging Market Revenue USD Billion Forecast, by Supplier Type 2019 & 2032
- Table 12: Global Automotive Forging Market Volume K units Forecast, by Supplier Type 2019 & 2032
- Table 13: Global Automotive Forging Market Revenue USD Billion Forecast, by Region 2019 & 2032
- Table 14: Global Automotive Forging Market Volume K units Forecast, by Region 2019 & 2032
- Table 15: Global Automotive Forging Market Revenue USD Billion Forecast, by Country 2019 & 2032
- Table 16: Global Automotive Forging Market Volume K units Forecast, by Country 2019 & 2032
- Table 17: United States Automotive Forging Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 18: United States Automotive Forging Market Volume (K units) Forecast, by Application 2019 & 2032
- Table 19: Canada Automotive Forging Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 20: Canada Automotive Forging Market Volume (K units) Forecast, by Application 2019 & 2032
- Table 21: Mexico Automotive Forging Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 22: Mexico Automotive Forging Market Volume (K units) Forecast, by Application 2019 & 2032
- Table 23: Global Automotive Forging Market Revenue USD Billion Forecast, by Country 2019 & 2032
- Table 24: Global Automotive Forging Market Volume K units Forecast, by Country 2019 & 2032
- Table 25: UAE Automotive Forging Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 26: UAE Automotive Forging Market Volume (K units) Forecast, by Application 2019 & 2032
- Table 27: South Africa Automotive Forging Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 28: South Africa Automotive Forging Market Volume (K units) Forecast, by Application 2019 & 2032
- Table 29: Saudi Arabia Automotive Forging Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 30: Saudi Arabia Automotive Forging Market Volume (K units) Forecast, by Application 2019 & 2032
- Table 31: Rest of Middle East Africa Automotive Forging Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 32: Rest of Middle East Africa Automotive Forging Market Volume (K units) Forecast, by Application 2019 & 2032
- Table 33: Global Automotive Forging Market Revenue USD Billion Forecast, by Country 2019 & 2032
- Table 34: Global Automotive Forging Market Volume K units Forecast, by Country 2019 & 2032
- Table 35: China Automotive Forging Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 36: China Automotive Forging Market Volume (K units) Forecast, by Application 2019 & 2032
- Table 37: Japan Automotive Forging Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 38: Japan Automotive Forging Market Volume (K units) Forecast, by Application 2019 & 2032
- Table 39: India Automotive Forging Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 40: India Automotive Forging Market Volume (K units) Forecast, by Application 2019 & 2032
- Table 41: South Korea Automotive Forging Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 42: South Korea Automotive Forging Market Volume (K units) Forecast, by Application 2019 & 2032
- Table 43: Taiwan Automotive Forging Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 44: Taiwan Automotive Forging Market Volume (K units) Forecast, by Application 2019 & 2032
- Table 45: South East Asia Automotive Forging Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 46: South East Asia Automotive Forging Market Volume (K units) Forecast, by Application 2019 & 2032
- Table 47: Australia Automotive Forging Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 48: Australia Automotive Forging Market Volume (K units) Forecast, by Application 2019 & 2032
- Table 49: Rest of Asia-Pacific Automotive Forging Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 50: Rest of Asia-Pacific Automotive Forging Market Volume (K units) Forecast, by Application 2019 & 2032
- Table 51: Global Automotive Forging Market Revenue USD Billion Forecast, by Country 2019 & 2032
- Table 52: Global Automotive Forging Market Volume K units Forecast, by Country 2019 & 2032
- Table 53: Germany Automotive Forging Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 54: Germany Automotive Forging Market Volume (K units) Forecast, by Application 2019 & 2032
- Table 55: France Automotive Forging Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 56: France Automotive Forging Market Volume (K units) Forecast, by Application 2019 & 2032
- Table 57: Italy Automotive Forging Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 58: Italy Automotive Forging Market Volume (K units) Forecast, by Application 2019 & 2032
- Table 59: United Kingdom Automotive Forging Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 60: United Kingdom Automotive Forging Market Volume (K units) Forecast, by Application 2019 & 2032
- Table 61: Spain Automotive Forging Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 62: Spain Automotive Forging Market Volume (K units) Forecast, by Application 2019 & 2032
- Table 63: Nordics Automotive Forging Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 64: Nordics Automotive Forging Market Volume (K units) Forecast, by Application 2019 & 2032
- Table 65: Benelux Automotive Forging Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 66: Benelux Automotive Forging Market Volume (K units) Forecast, by Application 2019 & 2032
- Table 67: Rest of Europe Automotive Forging Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 68: Rest of Europe Automotive Forging Market Volume (K units) Forecast, by Application 2019 & 2032
- Table 69: Global Automotive Forging Market Revenue USD Billion Forecast, by Country 2019 & 2032
- Table 70: Global Automotive Forging Market Volume K units Forecast, by Country 2019 & 2032
- Table 71: Brazil Automotive Forging Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 72: Brazil Automotive Forging Market Volume (K units) Forecast, by Application 2019 & 2032
- Table 73: Argentina Automotive Forging Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 74: Argentina Automotive Forging Market Volume (K units) Forecast, by Application 2019 & 2032
- Table 75: Rest of South America Automotive Forging Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 76: Rest of South America Automotive Forging Market Volume (K units) Forecast, by Application 2019 & 2032
- Table 77: Global Automotive Forging Market Revenue USD Billion Forecast, by Vehicle Type 2019 & 2032
- Table 78: Global Automotive Forging Market Volume K units Forecast, by Vehicle Type 2019 & 2032
- Table 79: Global Automotive Forging Market Revenue USD Billion Forecast, by Material 2019 & 2032
- Table 80: Global Automotive Forging Market Volume K units Forecast, by Material 2019 & 2032
- Table 81: Global Automotive Forging Market Revenue USD Billion Forecast, by Application 2019 & 2032
- Table 82: Global Automotive Forging Market Volume K units Forecast, by Application 2019 & 2032
- Table 83: Global Automotive Forging Market Revenue USD Billion Forecast, by Technology 2019 & 2032
- Table 84: Global Automotive Forging Market Volume K units Forecast, by Technology 2019 & 2032
- Table 85: Global Automotive Forging Market Revenue USD Billion Forecast, by Supplier Type 2019 & 2032
- Table 86: Global Automotive Forging Market Volume K units Forecast, by Supplier Type 2019 & 2032
- Table 87: Global Automotive Forging Market Revenue USD Billion Forecast, by Country 2019 & 2032
- Table 88: Global Automotive Forging Market Volume K units Forecast, by Country 2019 & 2032
- Table 89: Passenger Cars Automotive Forging Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 90: Passenger Cars Automotive Forging Market Volume (K units) Forecast, by Application 2019 & 2032
- Table 91: Light Commercial Vehicles Automotive Forging Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 92: Light Commercial Vehicles Automotive Forging Market Volume (K units) Forecast, by Application 2019 & 2032
- Table 93: Medium & Heavy Commercial Vehicles Automotive Forging Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 94: Medium & Heavy Commercial Vehicles Automotive Forging Market Volume (K units) Forecast, by Application 2019 & 2032
- Table 95: Agricultural Machinery Automotive Forging Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 96: Agricultural Machinery Automotive Forging Market Volume (K units) Forecast, by Application 2019 & 2032
- Table 97: Construction Equipment Automotive Forging Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 98: Construction Equipment Automotive Forging Market Volume (K units) Forecast, by Application 2019 & 2032
- Table 99: Others Automotive Forging Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 100: Others Automotive Forging Market Volume (K units) Forecast, by Application 2019 & 2032
- Table 101: Global Automotive Forging Market Revenue USD Billion Forecast, by Vehicle Type 2019 & 2032
- Table 102: Global Automotive Forging Market Volume K units Forecast, by Vehicle Type 2019 & 2032
- Table 103: Global Automotive Forging Market Revenue USD Billion Forecast, by Material 2019 & 2032
- Table 104: Global Automotive Forging Market Volume K units Forecast, by Material 2019 & 2032
- Table 105: Global Automotive Forging Market Revenue USD Billion Forecast, by Application 2019 & 2032
- Table 106: Global Automotive Forging Market Volume K units Forecast, by Application 2019 & 2032
- Table 107: Global Automotive Forging Market Revenue USD Billion Forecast, by Technology 2019 & 2032
- Table 108: Global Automotive Forging Market Volume K units Forecast, by Technology 2019 & 2032
- Table 109: Global Automotive Forging Market Revenue USD Billion Forecast, by Supplier Type 2019 & 2032
- Table 110: Global Automotive Forging Market Volume K units Forecast, by Supplier Type 2019 & 2032
- Table 111: Global Automotive Forging Market Revenue USD Billion Forecast, by Country 2019 & 2032
- Table 112: Global Automotive Forging Market Volume K units Forecast, by Country 2019 & 2032
- Table 113: U.K. Automotive Forging Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 114: U.K. Automotive Forging Market Volume (K units) Forecast, by Application 2019 & 2032
- Table 115: Germany Automotive Forging Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 116: Germany Automotive Forging Market Volume (K units) Forecast, by Application 2019 & 2032
- Table 117: France Automotive Forging Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 118: France Automotive Forging Market Volume (K units) Forecast, by Application 2019 & 2032
- Table 119: Rest of Europe Automotive Forging Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 120: Rest of Europe Automotive Forging Market Volume (K units) Forecast, by Application 2019 & 2032
- Table 121: Global Automotive Forging Market Revenue USD Billion Forecast, by Vehicle Type 2019 & 2032
- Table 122: Global Automotive Forging Market Volume K units Forecast, by Vehicle Type 2019 & 2032
- Table 123: Global Automotive Forging Market Revenue USD Billion Forecast, by Material 2019 & 2032
- Table 124: Global Automotive Forging Market Volume K units Forecast, by Material 2019 & 2032
- Table 125: Global Automotive Forging Market Revenue USD Billion Forecast, by Application 2019 & 2032
- Table 126: Global Automotive Forging Market Volume K units Forecast, by Application 2019 & 2032
- Table 127: Global Automotive Forging Market Revenue USD Billion Forecast, by Technology 2019 & 2032
- Table 128: Global Automotive Forging Market Volume K units Forecast, by Technology 2019 & 2032
- Table 129: Global Automotive Forging Market Revenue USD Billion Forecast, by Supplier Type 2019 & 2032
- Table 130: Global Automotive Forging Market Volume K units Forecast, by Supplier Type 2019 & 2032
- Table 131: Global Automotive Forging Market Revenue USD Billion Forecast, by Country 2019 & 2032
- Table 132: Global Automotive Forging Market Volume K units Forecast, by Country 2019 & 2032
- Table 133: China Automotive Forging Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 134: China Automotive Forging Market Volume (K units) Forecast, by Application 2019 & 2032
- Table 135: Japan Automotive Forging Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 136: Japan Automotive Forging Market Volume (K units) Forecast, by Application 2019 & 2032
- Table 137: India Automotive Forging Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 138: India Automotive Forging Market Volume (K units) Forecast, by Application 2019 & 2032
- Table 139: South Korea Automotive Forging Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 140: South Korea Automotive Forging Market Volume (K units) Forecast, by Application 2019 & 2032
- Table 141: Rest of Asia Pacific Automotive Forging Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 142: Rest of Asia Pacific Automotive Forging Market Volume (K units) Forecast, by Application 2019 & 2032
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segments, product, and application.
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
Additionally, after gathering mixed and scattered data from a wide range of sources, data is triangulated and correlated to come up with estimated figures which are further validated through primary mediums or industry experts, opinion leaders.
Frequently Asked Questions
2. Which companies are prominent players in the Automotive Forging Market?
Key companies in the market include ThyssenKrupp AG (Germany), CIE Automotive (Spain), NTN Corporation (Japan), American Axle and Manufacturing Inc. (U.S.), Bharat Forge Limited (India), Ramkrishna Forgings (India), Dana Limited (U.S.), Meritor Inc. (U.S.), ZF Friedrichshafen AG (Germany).
3. What are the main segments of the Automotive Forging Market?
The market segments include Vehicle Type, Material, Application, Technology, Supplier Type.
4. Can you provide details about the market size?
The market size is estimated to be USD 45.92 USD Billion as of 2022.
5. What are some drivers contributing to market growth?
Increasing Demand for Forged Products in Power. Agriculture. Aerospace. and Defense to Drive Industry Expansion.
6. What are the notable trends driving market growth?
Rising Adoption of Automation in Manufacturing to Drive Market Growth.
7. Are there any restraints impacting market growth?
Rising Electric Vehicle Penetration to Hinder Market Growth.
8. Can you provide examples of recent developments in the market?
N/A
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4850, USD 5850, and USD 6850 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in USD Billion and volume, measured in K units.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Automotive Forging Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Automotive Forging Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Automotive Forging Market?
To stay informed about further developments, trends, and reports in the Automotive Forging Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.