Automotive Forging Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Automotive Forging Market covers analysis by Foging Material (Aluminium and Steel); Component (Gears, Piston, Bearing, Axel, Connecting Roads, and Crankshaft); Vehicle Type (Passenger Cars, LCV and HCV), and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPAT00002714
  • Category : Automotive and Transportation
  • No. of Pages : 150

Automotive Forging Market Updates by 2031

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The automotive forging market is expanding has gained popularity since the inception of the technology, and the same is expanding at a healthy growth rate over the years. The key influential factor for automotive forging market is the increase in automotive production across the globe. The rapid rise in automotive procurement has resulted in exponential growth in the procurement of automotive forged components. Additionally, increasing emphasis towards automating the forging procedures among the forging companies is increasing the interest among the automotive OEMs which is driving the automotive forging market in the current scenario. Apart from automating the automotive component forging plants, the forging companies are also eyeballing on different advanced technologies, which is catalyzing the production volume, and thereby, creating substantial market space in automotive forging market. The reduction in the cost of forging of automotive components is anticipated to harness the growth of automotive forging market in the coming years.

The "Global Automotive Forging Market Analysis to 2031" is a specialized and in-depth study of the automotive forging industry with a focus on the global market trend. The report aims to provide an overview of the global automotive forging market with detailed market segmentation by forging material, component, vehicle type, and geography. The global automotive forging market is expected to witness high growth during the forecast period. The automotive forging market report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.

The automotive forging market report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global automotive forging market based on forging material, component, and vehicle type. It also provides market size and forecast till 2031 for the overall automotive forging market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The automotive forging market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 16 countries globally along with the current trend and opportunities prevailing in the region.

Besides this, the report on automotive forging market analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides region wise exhaustive PEST analysis.

The automotive forging market report also focuses on leading industry players with information such as company profiles, products, and services offered, financial information for the last 3 years, the key development in the past five years. The key automotive forging market players influencing the market are Bharat Forge Limited, Meritor Inc., NTN Corporation, Nanjin Automobile Forging Co., Ltd., American Axle & Manufacturing, Inc., Dana Inc., ThyssenKrupp AG, CIE Automotive, S.A, Kovarna Viva, and Aichi Forge USA, Inc. among others.

REGIONAL FRAMEWORK

Automotive Forging Market Report Analysis

Automotive Forging Market
  • CAGR
    CAGR (2023 - 2031)
    XX%
  • Market Size 2023
    US$ XX Million
  • Market Size 2031
    US$ XX Million

Report Coverage

  • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
  • Key future trends
  • Detailed PEST/Porter’s Five Forces and SWOT analysis
  • Industry landscape and competition analysis & recent developments
  • Detailed company profiles
  • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

  • BHARAT FORGE LIMITED
  • MERITOR INC
  • NTN CORPORATION
  • NANJIN AUTOMOBILE FORGING CO LTD
  • AMERICAN AXEL MANUFACTURING INC
  • DANA INC
  • THYSSENKRUPP AG
  • CIE AUTOMOTIVE S A
  • KOVARNA VIVA

Regional Overview

Regional Overview
  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

Market Segment By Foging Material
  • Aluminium and Steel
Market Segment By Component
  • Gears
  • Piston
  • Bearing
  • Axel
  • Connecting Roads
  • Crankshaft
Market Segment By Vehicle Type
  • Passenger Cars
  • LCV and HCV
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
MARKET PLAYERS

Automotive Forging Market Report Scope

Report Attribute Details
Market size in 2023 US$ XX Million
Market Size by 2031 US$ XX Million
Global CAGR (2023 - 2031) XX%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Foging Material
  • Aluminium and Steel
By Component
  • Gears
  • Piston
  • Bearing
  • Axel
  • Connecting Roads
  • Crankshaft
By Vehicle Type
  • Passenger Cars
  • LCV and HCV
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • BHARAT FORGE LIMITED
  • MERITOR INC
  • NTN CORPORATION
  • NANJIN AUTOMOBILE FORGING CO LTD
  • AMERICAN AXEL MANUFACTURING INC
  • DANA INC
  • THYSSENKRUPP AG
  • CIE AUTOMOTIVE S A
  • KOVARNA VIVA
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Report Coverage

Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered

Segment Covered

This text is related
to segments covered.

Regional Scope

Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope

Country Scope

This text is related
to country scope.

The List of Companies

1. BHARAT FORGE LIMITED
2. MERITOR INC.
3. NTN CORPORATION
4. NANJIN AUTOMOBILE FORGING CO., LTD.
5. AMERICAN AXEL & MANUFACTURING, INC.
6. DANA INC.
7. THYSSENKRUPP AG
8. CIE AUTOMOTIVE, S.A.
9. KOVARNA VIVA
10. AICHI FORGE USA, INC.

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