Automotive Forging Market To Witness the Highest Growth Globally in Coming Years 2023 to 2030

The Global Automotive Forging Market – Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2030. The market growth is supported by various growth factors and major market determinants. The market research report includes the analysis of the market based on geographical segmentation and market segmentation. The Global Automotive Forging Market report is a valuable source of insightful statistics for business strategists. This Report offers an industry overview with historic and future cost and growth analysis, revenue, demand, and supply data. Our analyst offers a comprehensive overview of the value chain and analysis of your distributor. This market study provides comprehensive data that enhances the understanding, scope, and application of this report.

Automotive Forging Market Size, Share & Trends Estimation Report By Vehicle Type (Passenger Cars, Light Commercial Vehicle, ),By Material (Steel, Aluminum),By Application (Gears, Crankshaft),By Technology (Closed Die, ),By Supplier Type (Local, International (Import)), By Region, And Segment Forecasts, 2023 – 2030

 

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Top Leading Companies of Global Automotive Forging Market are

  • 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)
  • Others

Market Segmentation:

By Vehicle Type:

Passenger Cars

Light Commercial Vehicle

Medium & Heavy Commercial Vehicles

Agricultural Machinery

Construction Equipment

Others

By Material:

Steel

Aluminum

Others

By Application:

Gears

Crankshaft

Piston

Axle

Bearings

Connecting Rods

Others

By Technology:

Closed Die

Open Die

Others

By Supplier Type:

Local

International (Import)

Others

Recent Market Developments:

  • In May 2022, Ramkrishna Forgings Limited received a multi-year contract order valued at USD 13.5 million per annum from a leading manufacturer of chassis-related systems and components for trailers, trailers, trucks and buses primarily in the United States.
  • In March 2022, American Axle & Manufacturing announced it had secured several next-generation heavy truck rear and front axle programs with global OEM customers. Contracts in early 2021 and previously announced contracts are projected to generate lifetime revenues of nearly $10 billion or more from mid-decade through 2030 and beyond.

Global Automotive Forging Market: Regional Analysis

  • North America (U.S., Canada)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
  • South America (Mexico, Brazil, Argentina, Columbia, Rest of South America)
  • Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

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Years considered for this report:

Historical Years: 2017-2021

Base Year: 2022

Estimated Year: 2022

Forecast Period: 2023-2030

Important Sections from the Table of Contents:

  • Global Automotive Forging Market Overview
  • Economic Impact on Industry
  • Market Competition by Manufacturers
  • Production, Revenue (Value) by Region
  • Supply (Production), Consumption, Export, Import by Regions
  • Production, Revenue (Value), Price Trend by Type
  • Market Analysis by Application
  • Manufacturing Cost Analysis
  • Industrial Chain, Sourcing Strategy and Downstream Buyers
  • Marketing Strategy Analysis, Distributors/Traders
  • Market Effect Factors Analysis
  • Global Automotive Forging Market Forecast

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