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Automotive Components Forging-Global Market Insights and Sales Trends 2025
Synopsis
Automotive Components Forging is a manufacturing process involving the shaping of metal using localized compressive forces.
The global Automotive Components Forging market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Automotive Components Forging in various end use industries. The expanding demands from the Powertrain Components, Chassis Components, Transmission Parts and Other Parts, are propelling Automotive Components Forging market. Closed Die Forgings, 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 Open Die Forgings 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 players, 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 Automotive Components Forging, 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 Automotive Components Forging 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 Automotive Components Forging market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Components Forging 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 Automotive Components Forging covered in this report include Nippon Steel & Sumitomo Metal, Aichi Steel, Thyssenkrupp, AAM, Bharat Forge Limited, KOBELCO, WanXiang, FAW and Arconic, etc.
The global Automotive Components Forging market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Nippon Steel & Sumitomo Metal
Aichi Steel
Thyssenkrupp
AAM
Bharat Forge Limited
KOBELCO
WanXiang
FAW
Arconic
Mahindra Forgings Europe
Farinia Group
Longcheng Forging
Sinotruck
Dongfeng Forging
Jiangsu Pacific Precision Forging
Sypris Solutions
Ashok Leyland Limited
Allegheny Technologies
VDM Metals
CITIC Heavy Industries
Global Automotive Components Forging 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 Automotive Components Forging market, Segment by Type:
Closed Die Forgings
Open Die Forgings
Rolled Rings Forgings
Global Automotive Components Forging market, by Application
Powertrain Components
Chassis Components
Transmission Parts
Other Parts
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). 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 Two: 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 Three: 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 Four: Detailed analysis of Automotive Components Forging companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Automotive Components Forging is a manufacturing process involving the shaping of metal using localized compressive forces.
The global Automotive Components Forging market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Automotive Components Forging in various end use industries. The expanding demands from the Powertrain Components, Chassis Components, Transmission Parts and Other Parts, are propelling Automotive Components Forging market. Closed Die Forgings, 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 Open Die Forgings 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 players, 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 Automotive Components Forging, 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 Automotive Components Forging 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 Automotive Components Forging market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Components Forging 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 Automotive Components Forging covered in this report include Nippon Steel & Sumitomo Metal, Aichi Steel, Thyssenkrupp, AAM, Bharat Forge Limited, KOBELCO, WanXiang, FAW and Arconic, etc.
The global Automotive Components Forging market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Nippon Steel & Sumitomo Metal
Aichi Steel
Thyssenkrupp
AAM
Bharat Forge Limited
KOBELCO
WanXiang
FAW
Arconic
Mahindra Forgings Europe
Farinia Group
Longcheng Forging
Sinotruck
Dongfeng Forging
Jiangsu Pacific Precision Forging
Sypris Solutions
Ashok Leyland Limited
Allegheny Technologies
VDM Metals
CITIC Heavy Industries
Global Automotive Components Forging 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 Automotive Components Forging market, Segment by Type:
Closed Die Forgings
Open Die Forgings
Rolled Rings Forgings
Global Automotive Components Forging market, by Application
Powertrain Components
Chassis Components
Transmission Parts
Other Parts
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). 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 Two: 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 Three: 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 Four: Detailed analysis of Automotive Components Forging companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Automotive Components Forging
1.1 Automotive Components Forging Market Overview
1.1.1 Automotive Components Forging Product Scope
1.1.2 Automotive Components Forging Market Status and Outlook
1.2 Global Automotive Components Forging Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Automotive Components Forging Market Size by Region (2018-2029)
1.4 Global Automotive Components Forging Historic Market Size by Region (2018-2023)
1.5 Global Automotive Components Forging Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Automotive Components Forging Market Size (2018-2029)
1.6.1 North America Automotive Components Forging Market Size (2018-2029)
1.6.2 Europe Automotive Components Forging Market Size (2018-2029)
1.6.3 Asia-Pacific Automotive Components Forging Market Size (2018-2029)
1.6.4 Latin America Automotive Components Forging Market Size (2018-2029)
1.6.5 Middle East & Africa Automotive Components Forging Market Size (2018-2029)
2 Automotive Components Forging Market by Type
2.1 Introduction
2.1.1 Closed Die Forgings
2.1.2 Open Die Forgings
2.1.3 Rolled Rings Forgings
2.2 Global Automotive Components Forging Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Automotive Components Forging Historic Market Size by Type (2018-2023)
2.2.2 Global Automotive Components Forging Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Automotive Components Forging Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Automotive Components Forging Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Automotive Components Forging Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Automotive Components Forging Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Automotive Components Forging Revenue Breakdown by Type (2018-2029)
3 Automotive Components Forging Market Overview by Application
3.1 Introduction
3.1.1 Powertrain Components
3.1.2 Chassis Components
3.1.3 Transmission Parts
3.1.4 Other Parts
3.2 Global Automotive Components Forging Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Automotive Components Forging Historic Market Size by Application (2018-2023)
3.2.2 Global Automotive Components Forging Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Automotive Components Forging Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Automotive Components Forging Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Automotive Components Forging Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Automotive Components Forging Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Automotive Components Forging Revenue Breakdown by Application (2018-2029)
4 Automotive Components Forging Competition Analysis by Players
4.1 Global Automotive Components Forging Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Automotive Components Forging as of 2022)
4.3 Date of Key Players Enter into Automotive Components Forging Market
4.4 Global Top Players Automotive Components Forging Headquarters and Area Served
4.5 Key Players Automotive Components Forging Product Solution and Service
4.6 Competitive Status
4.6.1 Automotive Components Forging Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Nippon Steel & Sumitomo Metal
5.1.1 Nippon Steel & Sumitomo Metal Profile
5.1.2 Nippon Steel & Sumitomo Metal Main Business
5.1.3 Nippon Steel & Sumitomo Metal Automotive Components Forging Products, Services and Solutions
5.1.4 Nippon Steel & Sumitomo Metal Automotive Components Forging Revenue (US$ Million) & (2018-2023)
5.1.5 Nippon Steel & Sumitomo Metal Recent Developments
5.2 Aichi Steel
5.2.1 Aichi Steel Profile
5.2.2 Aichi Steel Main Business
5.2.3 Aichi Steel Automotive Components Forging Products, Services and Solutions
5.2.4 Aichi Steel Automotive Components Forging Revenue (US$ Million) & (2018-2023)
5.2.5 Aichi Steel Recent Developments
5.3 Thyssenkrupp
5.3.1 Thyssenkrupp Profile
5.3.2 Thyssenkrupp Main Business
5.3.3 Thyssenkrupp Automotive Components Forging Products, Services and Solutions
5.3.4 Thyssenkrupp Automotive Components Forging Revenue (US$ Million) & (2018-2023)
5.3.5 AAM Recent Developments
5.4 AAM
5.4.1 AAM Profile
5.4.2 AAM Main Business
5.4.3 AAM Automotive Components Forging Products, Services and Solutions
5.4.4 AAM Automotive Components Forging Revenue (US$ Million) & (2018-2023)
5.4.5 AAM Recent Developments
5.5 Bharat Forge Limited
5.5.1 Bharat Forge Limited Profile
5.5.2 Bharat Forge Limited Main Business
5.5.3 Bharat Forge Limited Automotive Components Forging Products, Services and Solutions
5.5.4 Bharat Forge Limited Automotive Components Forging Revenue (US$ Million) & (2018-2023)
5.5.5 Bharat Forge Limited Recent Developments
5.6 KOBELCO
5.6.1 KOBELCO Profile
5.6.2 KOBELCO Main Business
5.6.3 KOBELCO Automotive Components Forging Products, Services and Solutions
5.6.4 KOBELCO Automotive Components Forging Revenue (US$ Million) & (2018-2023)
5.6.5 KOBELCO Recent Developments
5.7 WanXiang
5.7.1 WanXiang Profile
5.7.2 WanXiang Main Business
5.7.3 WanXiang Automotive Components Forging Products, Services and Solutions
5.7.4 WanXiang Automotive Components Forging Revenue (US$ Million) & (2018-2023)
5.7.5 WanXiang Recent Developments
5.8 FAW
5.8.1 FAW Profile
5.8.2 FAW Main Business
5.8.3 FAW Automotive Components Forging Products, Services and Solutions
5.8.4 FAW Automotive Components Forging Revenue (US$ Million) & (2018-2023)
5.8.5 FAW Recent Developments
5.9 Arconic
5.9.1 Arconic Profile
5.9.2 Arconic Main Business
5.9.3 Arconic Automotive Components Forging Products, Services and Solutions
5.9.4 Arconic Automotive Components Forging Revenue (US$ Million) & (2018-2023)
5.9.5 Arconic Recent Developments
5.10 Mahindra Forgings Europe
5.10.1 Mahindra Forgings Europe Profile
5.10.2 Mahindra Forgings Europe Main Business
5.10.3 Mahindra Forgings Europe Automotive Components Forging Products, Services and Solutions
5.10.4 Mahindra Forgings Europe Automotive Components Forging Revenue (US$ Million) & (2018-2023)
5.10.5 Mahindra Forgings Europe Recent Developments
5.11 Farinia Group
5.11.1 Farinia Group Profile
5.11.2 Farinia Group Main Business
5.11.3 Farinia Group Automotive Components Forging Products, Services and Solutions
5.11.4 Farinia Group Automotive Components Forging Revenue (US$ Million) & (2018-2023)
5.11.5 Farinia Group Recent Developments
5.12 Longcheng Forging
5.12.1 Longcheng Forging Profile
5.12.2 Longcheng Forging Main Business
5.12.3 Longcheng Forging Automotive Components Forging Products, Services and Solutions
5.12.4 Longcheng Forging Automotive Components Forging Revenue (US$ Million) & (2018-2023)
5.12.5 Longcheng Forging Recent Developments
5.13 Sinotruck
5.13.1 Sinotruck Profile
5.13.2 Sinotruck Main Business
5.13.3 Sinotruck Automotive Components Forging Products, Services and Solutions
5.13.4 Sinotruck Automotive Components Forging Revenue (US$ Million) & (2018-2023)
5.13.5 Sinotruck Recent Developments
5.14 Dongfeng Forging
5.14.1 Dongfeng Forging Profile
5.14.2 Dongfeng Forging Main Business
5.14.3 Dongfeng Forging Automotive Components Forging Products, Services and Solutions
5.14.4 Dongfeng Forging Automotive Components Forging Revenue (US$ Million) & (2018-2023)
5.14.5 Dongfeng Forging Recent Developments
5.15 Jiangsu Pacific Precision Forging
5.15.1 Jiangsu Pacific Precision Forging Profile
5.15.2 Jiangsu Pacific Precision Forging Main Business
5.15.3 Jiangsu Pacific Precision Forging Automotive Components Forging Products, Services and Solutions
5.15.4 Jiangsu Pacific Precision Forging Automotive Components Forging Revenue (US$ Million) & (2018-2023)
5.15.5 Jiangsu Pacific Precision Forging Recent Developments
5.16 Sypris Solutions
5.16.1 Sypris Solutions Profile
5.16.2 Sypris Solutions Main Business
5.16.3 Sypris Solutions Automotive Components Forging Products, Services and Solutions
5.16.4 Sypris Solutions Automotive Components Forging Revenue (US$ Million) & (2018-2023)
5.16.5 Sypris Solutions Recent Developments
5.17 Ashok Leyland Limited
5.17.1 Ashok Leyland Limited Profile
5.17.2 Ashok Leyland Limited Main Business
5.17.3 Ashok Leyland Limited Automotive Components Forging Products, Services and Solutions
5.17.4 Ashok Leyland Limited Automotive Components Forging Revenue (US$ Million) & (2018-2023)
5.17.5 Ashok Leyland Limited Recent Developments
5.18 Allegheny Technologies
5.18.1 Allegheny Technologies Profile
5.18.2 Allegheny Technologies Main Business
5.18.3 Allegheny Technologies Automotive Components Forging Products, Services and Solutions
5.18.4 Allegheny Technologies Automotive Components Forging Revenue (US$ Million) & (2018-2023)
5.18.5 Allegheny Technologies Recent Developments
5.19 VDM Metals
5.19.1 VDM Metals Profile
5.19.2 VDM Metals Main Business
5.19.3 VDM Metals Automotive Components Forging Products, Services and Solutions
5.19.4 VDM Metals Automotive Components Forging Revenue (US$ Million) & (2018-2023)
5.19.5 VDM Metals Recent Developments
5.20 CITIC Heavy Industries
5.20.1 CITIC Heavy Industries Profile
5.20.2 CITIC Heavy Industries Main Business
5.20.3 CITIC Heavy Industries Automotive Components Forging Products, Services and Solutions
5.20.4 CITIC Heavy Industries Automotive Components Forging Revenue (US$ Million) & (2018-2023)
5.20.5 CITIC Heavy Industries Recent Developments
6 North America
6.1 North America Automotive Components Forging Market Size by Country (2018-2029)
6.2 United States
6.3 Canada
7 Europe
7.1 Europe Automotive Components Forging Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Automotive Components Forging Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Automotive Components Forging Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Automotive Components Forging Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Automotive Components Forging Market Dynamics
11.1 Automotive Components Forging Industry Trends
11.2 Automotive Components Forging Market Drivers
11.3 Automotive Components Forging Market Challenges
11.4 Automotive Components Forging Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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