PUBLISHER: Acute Market Reports | PRODUCT CODE: 1271363
PUBLISHER: Acute Market Reports | PRODUCT CODE: 1271363
Forging Technology Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2023 To 2031
The forging technology market is a rapidly growing sector, driven by increasing demand from various end-use industries such as automotive, aerospace, oil and gas, and construction. Forging is a manufacturing process that involves the shaping of metal by applying heat and pressure. The market for forging technology is expected to witness significant revenue growth and a CAGR during the forecast period of 2023 to 2031. The global forging technology market is expected to experience steady growth in terms of revenue over the forecast period. The market is driven by the growing demand for forged products in various end-use industries, as forged components offer superior strength, durability, and reliability compared to other manufacturing processes. Additionally, the increasing focus on lightweight materials in automotive and aerospace industries, along with the need for complex and intricate component manufacturing, is further fuelling the demand for forging technology. The growing demand for renewable energy sources, such as wind energy and solar power, is also expected to drive the forging technology market. The production of large forgings used in wind turbines and solar panels requires high-quality and precise forging processes to ensure reliability and durability. This is expected to create lucrative opportunities for forging technology manufacturers.
Increasing Demand from Automotive and Aerospace Industries
The automotive and aerospace industries are major drivers of the forging technology market. The demand for lightweight and high-strength components in these industries is driving the adoption of forging technology. Forged components offer superior strength, durability, and reliability compared to other manufacturing processes, making them ideal for critical applications in these industries. For example, in the automotive industry, forged components such as crankshafts, connecting rods, and gears are widely used for their superior mechanical properties. Similarly, in the aerospace industry, forged components are used in aircraft engines, landing gear, and structural components due to their high strength-to-weight ratio. According to a report by the International Trade Administration, the global aerospace and automotive industries are expected to witness steady growth in the coming years, driven by factors such as increasing air travel, expanding automotive production, and growing demand for lightweight materials. This is expected to drive the demand for forging technology in these industries.
Technological Advancements and Innovations in Forging Processes
Technological advancements and innovations in forging processes are driving the growth of the forging technology market. Advancements such as computer numerical control (CNC) forging machines, automated forging processes, and robotics in forging operations are improving the precision, efficiency, and productivity of forging processes. These technologies allow manufacturers to produce complex and intricate components with high precision and reduce labor costs. For example, CNC forging machines offer higher precision and control in the forging process, resulting in improved product quality and reduced scrap rates. Additionally, the adoption of automation and robotics in forging processes allows for faster and more efficient production, leading to increased productivity and cost savings. These technological advancements are evident in the increasing number of patents and research papers related to forging technology, indicating ongoing innovation and development in the field.
Growing Demand for Renewable Energy Sources
The growing demand for renewable energy sources, such as wind energy and solar power, is driving the demand for forging technology. The production of large forgings used in wind turbines and solar panels requires high-quality and precise forging processes to ensure reliability and durability. Forged components are used in wind turbine hubs, shafts, and bearings, as well as in solar panel frames and support structures. According to a report by the Global Wind Energy Council, the global wind energy capacity is expected to reach 1,100 GW by 2025, driven by increasing investments in renewable energy projects. This increasing demand for renewable energy sources is expected to drive the demand for forging technology in the production of components used in wind turbines and solar panels.
Environmental and Regulatory Challenges
The forging technology market faces challenges related to environmental regulations and sustainability concerns. Forging processes typically involve the use of high temperatures, large amounts of energy, and emissions of greenhouse gases and other pollutants. Strict environmental regulations and sustainability requirements imposed by governments and regulatory bodies can increase compliance costs and pose challenges for forging manufacturers. Additionally, the increasing focus on sustainability and environmental concerns among consumers and end-users may result in higher demand for eco-friendly manufacturing processes, which could impact the adoption of traditional forging techniques. For example, various countries and regions have implemented regulations to reduce carbon emissions and mitigate the impact of climate change. These regulations may require forging manufacturers to invest in emission control technologies, adopt cleaner energy sources, or implement more sustainable practices in their operations, which can increase operational costs. Additionally, there is growing consumer awareness and demand for sustainable products, which may drive companies to adopt alternative manufacturing processes that have a lower environmental impact, potentially affecting the demand for traditional forging technology.
Ferrous Metals Dominate the Market in terms of Revenues and Growth
The forging technology market can be segmented by metal type, including ferrous and non-ferrous metals. Ferrous metals, which include iron and steel, are expected to dominate the market in terms of revenue in 2022 and are also expected to grow at the highest CAGR during the forecast period of 2023 to 2031. Ferrous metals, such as iron and steel, are widely used in the forging industry due to their excellent mechanical properties, strength, and durability. These metals find extensive applications in various sectors, including automotive, aerospace, oil and gas, construction, and heavy machinery. The demand for forged ferrous metal components is expected to be driven by the growing demand for these sectors. The automotive industry is a significant consumer of forged ferrous metal components, including crankshafts, connecting rods, gears, and axles. The increasing demand for lightweight and fuel-efficient vehicles, coupled with stringent emission regulations, is driving the adoption of forged ferrous metal components in the automotive sector. Moreover, the construction and heavy machinery sectors are also witnessing significant demand for forged ferrous metal components due to their high strength and durability requirements. Non-ferrous metals, such as aluminum, copper, and titanium, also find applications in the forging technology market, albeit to a lesser extent compared to ferrous metals. Non-ferrous metals are known for their excellent corrosion resistance, high thermal conductivity, and lightweight properties, making them suitable for specific applications, such as aerospace, defense, and electrical equipment. The aerospace and defense industries extensively use forged non-ferrous metal components for aircraft structures, landing gear components, and engine components due to their lightweight properties and high strength-to-weight ratios. The demand for non-ferrous metal forgings in the aerospace and defense sectors is driven by the increasing demand for fuel-efficient aircraft, technological advancements, and rising defense budgets in various countries.
Automotive Segment Dominating the Revenues and Growth
The automotive sector is expected to witness the highest CAGR during the forecast period of 2023 to 2031 and also generated the highest revenue in the forging technology market in 2022. The automotive industry is a major consumer of forged components, such as crankshafts, connecting rods, gears, and axles. The increasing demand for lightweight and fuel-efficient vehicles, coupled with stringent emission regulations, is driving the adoption of forged components in the automotive sector. Additionally, the growing trend of electric vehicles (EVs) is expected to further drive the demand for forged components, as they offer higher strength-to-weight ratios compared to traditional cast components, resulting in improved performance and efficiency. Forged components offer superior strength and durability, allowing automakers to reduce weight while maintaining performance and safety standards. Furthermore, the increasing adoption of electric vehicles, which require lightweight components to maximize battery efficiency and range, is expected to drive the demand for forged components in the automotive industry.
APAC Remains the Global Leader
Asia Pacific is expected to witness the highest CAGR during the forecast period of 2023 to 2031 and generated the highest revenue percentage in the global forging technology market in 2022. The region's rapid industrialization, urbanization, and growing demand for lightweight and high-performance components in key industries are driving the adoption of forging technology. However, North America also presents significant opportunities in the forging technology market, driven by the robust aerospace and automotive industries in the region. Asia Pacific is expected to continue its dominance in the forging technology market, primarily due to the growing demand for lightweight and high-performance components in key industries such as automotive, aerospace, and oil and gas. Moreover, the availability of cost-effective labor, favorable government policies, and increasing investments in research and development are driving the growth of the forging technology market in the Asia Pacific. The Asia Pacific region is witnessing significant growth in the forging technology market due to rapid industrialization, urbanization, and the presence of a large manufacturing base. Countries such as China and India are major contributors to the growth of the forging technology market in the Asia Pacific region, driven by the expanding automotive, aerospace, and construction sectors. Additionally, the increasing demand for energy, infrastructure development, and government initiatives to promote domestic manufacturing is further fuelling the adoption of forging technology in this region.
Market Competition to Intensify During the Forecast Period
The global forging technology market is highly competitive, with several established players and new entrants vying for market share. These players are continuously focusing on innovation, research and development, and strategic partnerships to maintain their competitive edge in the market. Some of the top players in the forging technology market include Bharat Forge Limited, Nippon Steel Corporation, Arconic Inc., Thyssenkrupp AG, Precision Castparts Corp., Allegheny Technologies Inc., Ellwood Group Inc., Scot Forge, HHI Group, KITZ Corporation, among others. Key players in the forging technology market are investing in research and development to develop advanced forging technologies that offer improved efficiency, precision, and productivity. This includes the adoption of computer-aided design (CAD) and computer-aided manufacturing (CAM) technologies, automation, and advanced materials, among others. Leading players in the forging technology market are focusing on developing innovative products that cater to the evolving needs of end-users. This includes the development of lightweight and high-performance components for industries such as automotive, aerospace, and energy, among others, to enhance operational efficiency and reduce costs.
Historical & Forecast Period
This study report represents analysis of each segment from 2021 to 2031 considering 2022 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2031.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Forging Technology market are as follows:
- Research and development budgets of manufacturers and government spending
- Revenues of key companies in the market segment
- Number of end users and consumption volume, price and value.
Geographical revenues generate by countries considered in the report
Micro and macro environment factors that are currently influencing the Forging Technology market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
Market Segmentation
Types
- Impression die forging
- Cold forging
- Open die forging
- Seamless rolled ring forging
- Metals/Raw Materials
- Aluminium
- Magnesium
- Copper/Brass/Bronze
- Microalloy
- Special steel alloy
- Carbon and Stainless Steel
- Nickel based
- Titanium
- Refractory metals
- Zirconium
Application
- Automotive
- Light Commercial Vehicles
- Medium & Heavy Commercial Vehicles
- Aerospace
- Oil & Gas
- Agriculture
- Mining
- Construction
- Power Generation
- Machinery
- Hydraulic & other Machinery
- Ordnance
- Others
Region Segment (2021-2031; US$ Million)
- North America
- U.S.
- Canada
- Rest of North America
- UK and European Union
- UK
- Germany
- Spain
- Italy
- France
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East and Africa
- GCC
- Africa
- Rest of Middle East and Africa
Key questions answered in this report
- What are the key micro and macro environmental factors that are impacting the growth of Forging Technology market?
- What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
- Estimated forecast and market projections up to 2031.
- Which segment accounts for the fastest CAGR during the forecast period?
- Which market segment holds a larger market share and why?
- Are low and middle-income economies investing in the Forging Technology market?
- Which is the largest regional market for Forging Technology market?
- What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
- Which are the key trends driving Forging Technology market growth?
- Who are the key competitors and what are their key strategies to enhance their market presence in the Forging Technology market worldwide?
Table of Contents
1. Preface
- 1.1. Report Description
- 1.1.1. Purpose of the Report
- 1.1.2. Target Audience
- 1.1.3. Key Offerings
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.3.1. Phase I - Secondary Research
- 1.3.2. Phase II - Primary Research
- 1.3.3. Phase III - Expert Panel Review
- 1.3.4. Assumptions
- 1.3.5. Approach Adopted
2. Executive Summary
- 2.1. Market Snapshot: Global Forging Technology Market
- 2.2. Global Forging Technology Market, By Types, 2022 (US$ Million)
- 2.3. Global Forging Technology Market, By Metals/Raw Materials, 2022 (US$ Million)
- 2.4. Global Forging Technology Market, By Application, 2022 (US$ Million)
- 2.5. Global Forging Technology Market, By Geography, 2022 (US$ Million)
- 2.6. Attractive Investment Proposition by Geography, 2022
3. Forging Technology Market: Competitive Analysis
- 3.1. Market Positioning of Key Forging Technology Market Vendors
- 3.2. Strategies Adopted by Forging Technology Market Vendors
- 3.3. Key Industry Strategies
- 3.4. Tier Analysis 2022 Versus 2031
4. Forging Technology Market: Macro Analysis & Market Dynamics
- 4.1. Introduction
- 4.2. Global Forging Technology Market Value, 2021 - 2031, (US$ Million)
- 4.3. Market Dynamics
- 4.3.1. Market Drivers
- 4.3.2. Market Restraints
- 4.3.3. Key Challenges
- 4.3.4. Key Opportunities
- 4.4. Impact Analysis of Drivers and Restraints
- 4.5. See-Saw Analysis
5. Forging Technology Market: By Types, 2021-2031, USD (Million)
- 5.1. Market Overview
- 5.2. Growth & Revenue Analysis: 2022 Versus 2031
- 5.3. Market Segmentation
- 5.3.1. Impression die forging
- 5.3.2. Cold forging
- 5.3.3. Open die forging
- 5.3.4. Seamless rolled ring forging
6. Forging Technology Market: By Metals/Raw Materials, 2021-2031, USD (Million)
- 6.1. Market Overview
- 6.2. Growth & Revenue Analysis: 2022 Versus 2031
- 6.3. Market Segmentation
- 6.3.1. Aluminium
- 6.3.2. Magnesium
- 6.3.3. Copper/Brass/Bronze
- 6.3.4. Microalloy
- 6.3.5. Special steel alloy
- 6.3.6. Carbon and Stainless Steel
- 6.3.7. Nickel based
- 6.3.8. Titanium
- 6.3.9. Refractory metals
- 6.3.10. Zirconium
7. Forging Technology Market: By Application, 2021-2031, USD (Million)
- 7.1. Market Overview
- 7.2. Growth & Revenue Analysis: 2022 Versus 2031
- 7.3. Market Segmentation
- 7.3.1. Automotive
- 7.3.1.1. Light Commercial Vehicles
- 7.3.1.2. Medium & Heavy Commercial Vehicles
- 7.3.2. Aerospace
- 7.3.3. Oil & Gas
- 7.3.4. Agriculture
- 7.3.5. Mining
- 7.3.6. Construction
- 7.3.7. Power Generation
- 7.3.8. Machinery
- 7.3.9. Hydraulic & other Machinery
- 7.3.10. Ordnance
- 7.3.11. Others
- 7.3.1. Automotive
8. North America Forging Technology Market, 2021-2031, USD (Million)
- 8.1. Market Overview
- 8.2. Forging Technology Market: By Types, 2021-2031, USD (Million)
- 8.3. Forging Technology Market: By Metals/Raw Materials, 2021-2031, USD (Million)
- 8.4. Forging Technology Market: By Application, 2021-2031, USD (Million)
- 8.5.Forging Technology Market: By Region, 2021-2031, USD (Million)
- 8.5.1.North America
- 8.5.1.1. U.S.
- 8.5.1.1.1. Forging Technology Market: By Types, 2021-2031, USD (Million)
- 8.5.1.1.1. Forging Technology Market: By Metals/Raw Materials, 2021-2031, USD (Million)
- 8.5.1.1.1. Forging Technology Market: By Application, 2021-2031, USD (Million)
- 8.5.1.2. Canada
- 8.5.1.2.1. Forging Technology Market: By Types, 2021-2031, USD (Million)
- 8.5.1.2.1. Forging Technology Market: By Metals/Raw Materials, 2021-2031, USD (Million)
- 8.5.1.2.1. Forging Technology Market: By Application, 2021-2031, USD (Million)
- 8.5.1.3. Rest of North America
- 8.5.1.3.1. Forging Technology Market: By Types, 2021-2031, USD (Million)
- 8.5.1.3.1. Forging Technology Market: By Metals/Raw Materials, 2021-2031, USD (Million)
- 8.5.1.3.1. Forging Technology Market: By Application, 2021-2031, USD (Million)
- 8.5.1.1. U.S.
- 8.5.1.North America
9. UK and European Union Forging Technology Market, 2021-2031, USD (Million)
- 9.1. Market Overview
- 9.2. Forging Technology Market: By Types, 2021-2031, USD (Million)
- 9.3. Forging Technology Market: By Metals/Raw Materials, 2021-2031, USD (Million)
- 9.4. Forging Technology Market: By Application, 2021-2031, USD (Million)
- 9.5.Forging Technology Market: By Region, 2021-2031, USD (Million)
- 9.5.1.UK and European Union
- 9.5.1.1. UK
- 9.5.1.1.1. Forging Technology Market: By Types, 2021-2031, USD (Million)
- 9.5.1.1.1. Forging Technology Market: By Metals/Raw Materials, 2021-2031, USD (Million)
- 9.5.1.1.1. Forging Technology Market: By Application, 2021-2031, USD (Million)
- 9.5.1.2. Germany
- 9.5.1.2.1. Forging Technology Market: By Types, 2021-2031, USD (Million)
- 9.5.1.2.1. Forging Technology Market: By Metals/Raw Materials, 2021-2031, USD (Million)
- 9.5.1.2.1. Forging Technology Market: By Application, 2021-2031, USD (Million)
- 9.5.1.3. Spain
- 9.5.1.3.1. Forging Technology Market: By Types, 2021-2031, USD (Million)
- 9.5.1.3.1. Forging Technology Market: By Metals/Raw Materials, 2021-2031, USD (Million)
- 9.5.1.3.1. Forging Technology Market: By Application, 2021-2031, USD (Million)
- 9.5.1.4. Italy
- 9.5.1.4.1. Forging Technology Market: By Types, 2021-2031, USD (Million)
- 9.5.1.4.1. Forging Technology Market: By Metals/Raw Materials, 2021-2031, USD (Million)
- 9.5.1.4.1. Forging Technology Market: By Application, 2021-2031, USD (Million)
- 9.5.1.5. France
- 9.5.1.5.1. Forging Technology Market: By Types, 2021-2031, USD (Million)
- 9.5.1.5.1. Forging Technology Market: By Metals/Raw Materials, 2021-2031, USD (Million)
- 9.5.1.5.1. Forging Technology Market: By Application, 2021-2031, USD (Million)
- 9.5.1.6. Rest of Europe
- 9.5.1.6.1. Forging Technology Market: By Types, 2021-2031, USD (Million)
- 9.5.1.6.1. Forging Technology Market: By Metals/Raw Materials, 2021-2031, USD (Million)
- 9.5.1.6.1. Forging Technology Market: By Application, 2021-2031, USD (Million)
- 9.5.1.1. UK
- 9.5.1.UK and European Union
10. Asia Pacific Forging Technology Market, 2021-2031, USD (Million)
- 10.1. Market Overview
- 10.2. Forging Technology Market: By Types, 2021-2031, USD (Million)
- 10.3. Forging Technology Market: By Metals/Raw Materials, 2021-2031, USD (Million)
- 10.4. Forging Technology Market: By Application, 2021-2031, USD (Million)
- 10.5.Forging Technology Market: By Region, 2021-2031, USD (Million)
- 10.5.1.Asia Pacific
- 10.5.1.1. China
- 10.5.1.1.1. Forging Technology Market: By Types, 2021-2031, USD (Million)
- 10.5.1.1.1. Forging Technology Market: By Metals/Raw Materials, 2021-2031, USD (Million)
- 10.5.1.1.1. Forging Technology Market: By Application, 2021-2031, USD (Million)
- 10.5.1.2. Japan
- 10.5.1.2.1. Forging Technology Market: By Types, 2021-2031, USD (Million)
- 10.5.1.2.1. Forging Technology Market: By Metals/Raw Materials, 2021-2031, USD (Million)
- 10.5.1.2.1. Forging Technology Market: By Application, 2021-2031, USD (Million)
- 10.5.1.3. India
- 10.5.1.3.1. Forging Technology Market: By Types, 2021-2031, USD (Million)
- 10.5.1.3.1. Forging Technology Market: By Metals/Raw Materials, 2021-2031, USD (Million)
- 10.5.1.3.1. Forging Technology Market: By Application, 2021-2031, USD (Million)
- 10.5.1.4. Australia
- 10.5.1.4.1. Forging Technology Market: By Types, 2021-2031, USD (Million)
- 10.5.1.4.1. Forging Technology Market: By Metals/Raw Materials, 2021-2031, USD (Million)
- 10.5.1.4.1. Forging Technology Market: By Application, 2021-2031, USD (Million)
- 10.5.1.5. South Korea
- 10.5.1.5.1. Forging Technology Market: By Types, 2021-2031, USD (Million)
- 10.5.1.5.1. Forging Technology Market: By Metals/Raw Materials, 2021-2031, USD (Million)
- 10.5.1.5.1. Forging Technology Market: By Application, 2021-2031, USD (Million)
- 10.5.1.6. Rest of Asia Pacific
- 10.5.1.6.1. Forging Technology Market: By Types, 2021-2031, USD (Million)
- 10.5.1.6.1. Forging Technology Market: By Metals/Raw Materials, 2021-2031, USD (Million)
- 10.5.1.6.1. Forging Technology Market: By Application, 2021-2031, USD (Million)
- 10.5.1.1. China
- 10.5.1.Asia Pacific
11. Latin America Forging Technology Market, 2021-2031, USD (Million)
- 11.1. Market Overview
- 11.2. Forging Technology Market: By Types, 2021-2031, USD (Million)
- 11.3. Forging Technology Market: By Metals/Raw Materials, 2021-2031, USD (Million)
- 11.4. Forging Technology Market: By Application, 2021-2031, USD (Million)
- 11.5.Forging Technology Market: By Region, 2021-2031, USD (Million)
- 11.5.1.Latin America
- 11.5.1.1. Brazil
- 11.5.1.1.1. Forging Technology Market: By Types, 2021-2031, USD (Million)
- 11.5.1.1.1. Forging Technology Market: By Metals/Raw Materials, 2021-2031, USD (Million)
- 11.5.1.1.1. Forging Technology Market: By Application, 2021-2031, USD (Million)
- 11.5.1.2. Mexico
- 11.5.1.2.1. Forging Technology Market: By Types, 2021-2031, USD (Million)
- 11.5.1.2.1. Forging Technology Market: By Metals/Raw Materials, 2021-2031, USD (Million)
- 11.5.1.2.1. Forging Technology Market: By Application, 2021-2031, USD (Million)
- 11.5.1.3. Rest of Latin America
- 11.5.1.3.1. Forging Technology Market: By Types, 2021-2031, USD (Million)
- 11.5.1.3.1. Forging Technology Market: By Metals/Raw Materials, 2021-2031, USD (Million)
- 11.5.1.3.1. Forging Technology Market: By Application, 2021-2031, USD (Million)
- 11.5.1.1. Brazil
- 11.5.1.Latin America
12. Middle East and Africa Forging Technology Market, 2021-2031, USD (Million)
- 12.1. Market Overview
- 12.2. Forging Technology Market: By Types, 2021-2031, USD (Million)
- 12.3. Forging Technology Market: By Metals/Raw Materials, 2021-2031, USD (Million)
- 12.4. Forging Technology Market: By Application, 2021-2031, USD (Million)
- 12.5.Forging Technology Market: By Region, 2021-2031, USD (Million)
- 12.5.1.Middle East and Africa
- 12.5.1.1. GCC
- 12.5.1.1.1. Forging Technology Market: By Types, 2021-2031, USD (Million)
- 12.5.1.1.1. Forging Technology Market: By Metals/Raw Materials, 2021-2031, USD (Million)
- 12.5.1.1.1. Forging Technology Market: By Application, 2021-2031, USD (Million)
- 12.5.1.2. Africa
- 12.5.1.2.1. Forging Technology Market: By Types, 2021-2031, USD (Million)
- 12.5.1.2.1. Forging Technology Market: By Metals/Raw Materials, 2021-2031, USD (Million)
- 12.5.1.2.1. Forging Technology Market: By Application, 2021-2031, USD (Million)
- 12.5.1.3. Rest of Middle East and Africa
- 12.5.1.3.1. Forging Technology Market: By Types, 2021-2031, USD (Million)
- 12.5.1.3.1. Forging Technology Market: By Metals/Raw Materials, 2021-2031, USD (Million)
- 12.5.1.3.1. Forging Technology Market: By Application, 2021-2031, USD (Million)
- 12.5.1.1. GCC
- 12.5.1.Middle East and Africa
13. Company Profile
- 13.1. Bharat Forge Limited
- 13.1.1. Company Overview
- 13.1.2. Financial Performance
- 13.1.3. Product Portfolio
- 13.1.4. Strategic Initiatives
- 13.2. Nippon Steel Corporation
- 13.2.1. Company Overview
- 13.2.2. Financial Performance
- 13.2.3. Product Portfolio
- 13.2.4. Strategic Initiatives
- 13.3. Arconic Inc.
- 13.3.1. Company Overview
- 13.3.2. Financial Performance
- 13.3.3. Product Portfolio
- 13.3.4. Strategic Initiatives
- 13.4. Thyssenkrupp AG
- 13.4.1. Company Overview
- 13.4.2. Financial Performance
- 13.4.3. Product Portfolio
- 13.4.4. Strategic Initiatives
- 13.5. Precision Castparts Corp.
- 13.5.1. Company Overview
- 13.5.2. Financial Performance
- 13.5.3. Product Portfolio
- 13.5.4. Strategic Initiatives
- 13.6. Allegheny Technologies Inc.
- 13.6.1. Company Overview
- 13.6.2. Financial Performance
- 13.6.3. Product Portfolio
- 13.6.4. Strategic Initiatives
- 13.7. Ellwood Group Inc.
- 13.7.1. Company Overview
- 13.7.2. Financial Performance
- 13.7.3. Product Portfolio
- 13.7.4. Strategic Initiatives
- 13.8. Scot Forge
- 13.8.1. Company Overview
- 13.8.2. Financial Performance
- 13.8.3. Product Portfolio
- 13.8.4. Strategic Initiatives
- 13.9. HHI Group
- 13.9.1. Company Overview
- 13.9.2. Financial Performance
- 13.9.3. Product Portfolio
- 13.9.4. Strategic Initiatives
- 13.10. KITZ Corporation
- 13.10.1. Company Overview
- 13.10.2. Financial Performance
- 13.10.3. Product Portfolio
- 13.10.4. Strategic Initiatives
- 13.11. Other Notable Players
- 13.11.1. Company Overview
- 13.11.2. Financial Performance
- 13.11.3. Product Portfolio
- 13.11.4. Strategic Initiatives
List of Tables
- TABLE 1 Global Forging Technology Market By Types, 2021-2031, USD (Million)
- TABLE 2 Global Forging Technology Market By Metals/Raw Materials, 2021-2031, USD (Million)
- TABLE 3 Global Forging Technology Market By Application, 2021-2031, USD (Million)
- TABLE 4 Global Forging Technology Market By Automotive, 2021-2031, USD (Million)
- TABLE 5 North America Forging Technology Market By Types, 2021-2031, USD (Million)
- TABLE 6 North America Forging Technology Market By Metals/Raw Materials, 2021-2031, USD (Million)
- TABLE 7 North America Forging Technology Market By Application, 2021-2031, USD (Million)
- TABLE 8 North America Forging Technology Market By Automotive, 2021-2031, USD (Million)
- TABLE 9 U.S. Forging Technology Market By Types, 2021-2031, USD (Million)
- TABLE 10 U.S. Forging Technology Market By Metals/Raw Materials, 2021-2031, USD (Million)
- TABLE 11 U.S. Forging Technology Market By Application, 2021-2031, USD (Million)
- TABLE 12 U.S. Forging Technology Market By Automotive, 2021-2031, USD (Million)
- TABLE 13 Canada Forging Technology Market By Types, 2021-2031, USD (Million)
- TABLE 14 Canada Forging Technology Market By Metals/Raw Materials, 2021-2031, USD (Million)
- TABLE 15 Canada Forging Technology Market By Application, 2021-2031, USD (Million)
- TABLE 16 Canada Forging Technology Market By Automotive, 2021-2031, USD (Million)
- TABLE 17 Rest of North America Forging Technology Market By Types, 2021-2031, USD (Million)
- TABLE 18 Rest of North America Forging Technology Market By Metals/Raw Materials, 2021-2031, USD (Million)
- TABLE 19 Rest of North America Forging Technology Market By Application, 2021-2031, USD (Million)
- TABLE 20 Rest of North America Forging Technology Market By Automotive, 2021-2031, USD (Million)
- TABLE 21 UK and European Union Forging Technology Market By Types, 2021-2031, USD (Million)
- TABLE 22 UK and European Union Forging Technology Market By Metals/Raw Materials, 2021-2031, USD (Million)
- TABLE 23 UK and European Union Forging Technology Market By Application, 2021-2031, USD (Million)
- TABLE 24 UK and European Union Forging Technology Market By Automotive, 2021-2031, USD (Million)
- TABLE 25 UK Forging Technology Market By Types, 2021-2031, USD (Million)
- TABLE 26 UK Forging Technology Market By Metals/Raw Materials, 2021-2031, USD (Million)
- TABLE 27 UK Forging Technology Market By Application, 2021-2031, USD (Million)
- TABLE 28 UK Forging Technology Market By Automotive, 2021-2031, USD (Million)
- TABLE 29 Germany Forging Technology Market By Types, 2021-2031, USD (Million)
- TABLE 30 Germany Forging Technology Market By Metals/Raw Materials, 2021-2031, USD (Million)
- TABLE 31 Germany Forging Technology Market By Application, 2021-2031, USD (Million)
- TABLE 32 Germany Forging Technology Market By Automotive, 2021-2031, USD (Million)
- TABLE 33 Spain Forging Technology Market By Types, 2021-2031, USD (Million)
- TABLE 34 Spain Forging Technology Market By Metals/Raw Materials, 2021-2031, USD (Million)
- TABLE 35 Spain Forging Technology Market By Application, 2021-2031, USD (Million)
- TABLE 36 Spain Forging Technology Market By Automotive, 2021-2031, USD (Million)
- TABLE 37 Italy Forging Technology Market By Types, 2021-2031, USD (Million)
- TABLE 38 Italy Forging Technology Market By Metals/Raw Materials, 2021-2031, USD (Million)
- TABLE 39 Italy Forging Technology Market By Application, 2021-2031, USD (Million)
- TABLE 40 Italy Forging Technology Market By Automotive, 2021-2031, USD (Million)
- TABLE 41 France Forging Technology Market By Types, 2021-2031, USD (Million)
- TABLE 42 France Forging Technology Market By Metals/Raw Materials, 2021-2031, USD (Million)
- TABLE 43 France Forging Technology Market By Application, 2021-2031, USD (Million)
- TABLE 44 France Forging Technology Market By Automotive, 2021-2031, USD (Million)
- TABLE 45 Rest of Europe Forging Technology Market By Types, 2021-2031, USD (Million)
- TABLE 46 Rest of Europe Forging Technology Market By Metals/Raw Materials, 2021-2031, USD (Million)
- TABLE 47 Rest of Europe Forging Technology Market By Application, 2021-2031, USD (Million)
- TABLE 48 Rest of Europe Forging Technology Market By Automotive, 2021-2031, USD (Million)
- TABLE 49 Asia Forging Technology Market By Types, 2021-2031, USD (Million)
- TABLE 50 Asia Forging Technology Market By Metals/Raw Materials, 2021-2031, USD (Million)
- TABLE 51 Asia Forging Technology Market By Application, 2021-2031, USD (Million)
- TABLE 52 Asia Forging Technology Market By Automotive, 2021-2031, USD (Million)
- TABLE 53 China Forging Technology Market By Types, 2021-2031, USD (Million)
- TABLE 54 China Forging Technology Market By Metals/Raw Materials, 2021-2031, USD (Million)
- TABLE 55 China Forging Technology Market By Application, 2021-2031, USD (Million)
- TABLE 56 China Forging Technology Market By Automotive, 2021-2031, USD (Million)
- TABLE 57 Japan Forging Technology Market By Types, 2021-2031, USD (Million)
- TABLE 58 Japan Forging Technology Market By Metals/Raw Materials, 2021-2031, USD (Million)
- TABLE 59 Japan Forging Technology Market By Application, 2021-2031, USD (Million)
- TABLE 60 Japan Forging Technology Market By Automotive, 2021-2031, USD (Million)
- TABLE 61 India Forging Technology Market By Types, 2021-2031, USD (Million)
- TABLE 62 India Forging Technology Market By Metals/Raw Materials, 2021-2031, USD (Million)
- TABLE 63 India Forging Technology Market By Application, 2021-2031, USD (Million)
- TABLE 64 India Forging Technology Market By Automotive, 2021-2031, USD (Million)
- TABLE 65 Australia Forging Technology Market By Types, 2021-2031, USD (Million)
- TABLE 66 Australia Forging Technology Market By Metals/Raw Materials, 2021-2031, USD (Million)
- TABLE 67 Australia Forging Technology Market By Application, 2021-2031, USD (Million)
- TABLE 68 Australia Forging Technology Market By Automotive, 2021-2031, USD (Million)
- TABLE 69 South Korea Forging Technology Market By Types, 2021-2031, USD (Million)
- TABLE 70 South Korea Forging Technology Market By Metals/Raw Materials, 2021-2031, USD (Million)
- TABLE 71 South Korea Forging Technology Market By Application, 2021-2031, USD (Million)
- TABLE 72 South Korea Forging Technology Market By Automotive, 2021-2031, USD (Million)
- TABLE 73 Latin America Forging Technology Market By Types, 2021-2031, USD (Million)
- TABLE 74 Latin America Forging Technology Market By Metals/Raw Materials, 2021-2031, USD (Million)
- TABLE 75 Latin America Forging Technology Market By Application, 2021-2031, USD (Million)
- TABLE 76 Latin America Forging Technology Market By Automotive, 2021-2031, USD (Million)
- TABLE 77 Brazil Forging Technology Market By Types, 2021-2031, USD (Million)
- TABLE 78 Brazil Forging Technology Market By Metals/Raw Materials, 2021-2031, USD (Million)
- TABLE 79 Brazil Forging Technology Market By Application, 2021-2031, USD (Million)
- TABLE 80 Brazil Forging Technology Market By Automotive, 2021-2031, USD (Million)
- TABLE 81 Mexico Forging Technology Market By Types, 2021-2031, USD (Million)
- TABLE 82 Mexico Forging Technology Market By Metals/Raw Materials, 2021-2031, USD (Million)
- TABLE 83 Mexico Forging Technology Market By Application, 2021-2031, USD (Million)
- TABLE 84 Mexico Forging Technology Market By Automotive, 2021-2031, USD (Million)
- TABLE 85 Rest of Latin America Forging Technology Market By Types, 2021-2031, USD (Million)
- TABLE 86 Rest of Latin America Forging Technology Market By Metals/Raw Materials, 2021-2031, USD (Million)
- TABLE 87 Rest of Latin America Forging Technology Market By Application, 2021-2031, USD (Million)
- TABLE 88 Rest of Latin America Forging Technology Market By Automotive, 2021-2031, USD (Million)
- TABLE 89 Middle East and Africa Forging Technology Market By Types, 2021-2031, USD (Million)
- TABLE 90 Middle East and Africa Forging Technology Market By Metals/Raw Materials, 2021-2031, USD (Million)
- TABLE 91 Middle East and Africa Forging Technology Market By Application, 2021-2031, USD (Million)
- TABLE 92 Middle East and Africa Forging Technology Market By Automotive, 2021-2031, USD (Million)
- TABLE 93 GCC Forging Technology Market By Types, 2021-2031, USD (Million)
- TABLE 94 GCC Forging Technology Market By Metals/Raw Materials, 2021-2031, USD (Million)
- TABLE 95 GCC Forging Technology Market By Application, 2021-2031, USD (Million)
- TABLE 96 GCC Forging Technology Market By Automotive, 2021-2031, USD (Million)
- TABLE 97 Africa Forging Technology Market By Types, 2021-2031, USD (Million)
- TABLE 98 Africa Forging Technology Market By Metals/Raw Materials, 2021-2031, USD (Million)
- TABLE 99 Africa Forging Technology Market By Application, 2021-2031, USD (Million)
- TABLE 100 Africa Forging Technology Market By Automotive, 2021-2031, USD (Million)
- TABLE 101 Rest of Middle East and Africa Forging Technology Market By Types, 2021-2031, USD (Million)
- TABLE 102 Rest of Middle East and Africa Forging Technology Market By Metals/Raw Materials, 2021-2031, USD (Million)
- TABLE 103 Rest of Middle East and Africa Forging Technology Market By Application, 2021-2031, USD (Million)
- TABLE 104 Rest of Middle East and Africa Forging Technology Market By Automotive, 2021-2031, USD (Million)
List of Figures
- FIG. 1 Global Forging Technology Market: Market Coverage
- FIG. 2 Research Methodology and Data Sources
- FIG. 3 Market Size Estimation - Top Down & Bottom-Up Approach
- FIG. 4 Global Forging Technology Market: Quality Assurance
- FIG. 5 Global Forging Technology Market, By Types, 2022
- FIG. 6 Global Forging Technology Market, By Metals/Raw Materials, 2022
- FIG. 7 Global Forging Technology Market, By Application, 2022
- FIG. 8 Global Forging Technology Market, By Geography, 2022
- FIG. 9 Market Geographical Opportunity Matrix - Global Forging Technology Market, 2022
- FIG. 10 Market Positioning of Key Forging Technology Market Players, 2022
- FIG. 11 Global Forging Technology Market - Tier Analysis - Percentage of Revenues by Tier Level, 2022 Versus 2031
- FIG. 12 Global Forging Technology Market, By Types, 2022 Vs 2031, %
- FIG. 13 Global Forging Technology Market, By Metals/Raw Materials, 2022 Vs 2031, %
- FIG. 14 Global Forging Technology Market, By Application, 2022 Vs 2031, %
- FIG. 15 U.S. Forging Technology Market (US$ Million), 2021 - 2031
- FIG. 16 Canada Forging Technology Market (US$ Million), 2021 - 2031
- FIG. 17 Rest of North America Forging Technology Market (US$ Million), 2021 - 2031
- FIG. 18 UK Forging Technology Market (US$ Million), 2021 - 2031
- FIG. 19 Germany Forging Technology Market (US$ Million), 2021 - 2031
- FIG. 20 Spain Forging Technology Market (US$ Million), 2021 - 2031
- FIG. 21 Italy Forging Technology Market (US$ Million), 2021 - 2031
- FIG. 22 France Forging Technology Market (US$ Million), 2021 - 2031
- FIG. 23 Rest of Europe Forging Technology Market (US$ Million), 2021 - 2031
- FIG. 24 China Forging Technology Market (US$ Million), 2021 - 2031
- FIG. 25 Japan Forging Technology Market (US$ Million), 2021 - 2031
- FIG. 26 India Forging Technology Market (US$ Million), 2021 - 2031
- FIG. 27 Australia Forging Technology Market (US$ Million), 2021 - 2031
- FIG. 28 South Korea Forging Technology Market (US$ Million), 2021 - 2031
- FIG. 29 Rest of Asia Forging Technology Market (US$ Million), 2021 - 2031
- FIG. 30 Brazil Forging Technology Market (US$ Million), 2021 - 2031
- FIG. 31 Mexico Forging Technology Market (US$ Million), 2021 - 2031
- FIG. 32 Rest of Latin America Forging Technology Market (US$ Million), 2021 - 2031
- FIG. 33 GCC Forging Technology Market (US$ Million), 2021 - 2031
- FIG. 34 Africa Forging Technology Market (US$ Million), 2021 - 2031
- FIG. 35 Rest of Middle East and Africa Forging Technology Market (US$ Million), 2021 - 2031
