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The metal forging market is forecasted to grow by USD 60.14 billion during 2024-2029, accelerating at a CAGR of 9% during the forecast period. The report on the metal forging market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by high demand for advanced materials and alloys, rising strategic alliances by companies, and growing demand from end-user industries.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The metal forging market is segmented as below:
By Material
- Carbon steel
- Aluminum
- Stainless steel
- Others
By Application
- Automotive
- Aerospace and defense
- Others
By Type
- Shafts
- Gears
- Bearings
- Others
By Method
- Open die forging
- Closed die forging
- Seamless rolled ring forging
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
The report on the metal forging market covers the following areas:
- Metal Forging Market sizing
- Metal Forging Market forecast
- Metal Forging Market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Material
9 Market Segmentation by Application
10 Market Segmentation by Type
11 Market Segmentation by Method
12 Customer Landscape
13 Geographic Landscape
14 Drivers, Challenges, and Opportunity/Restraints
15 Competitive Landscape
16 Competitive Analysis
17 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global metal forging market: Aichi Steel Corp., Ajax Tocco Magnethermic Corp., Alicon Castalloy Ltd., All Metals and Forge Group, Allegheny Technologies Inc., Aluminum Precision Products, American Axle and Manufacturing Inc., Arconic Corp., Asahi Forge Corp., Bharat Forge Ltd., Bluewater Thermal Solutions, Bruck GmbH, Consolidated Industries Inc., Farinia SA, Fountaintown Forge Inc., Larsen and Toubro Ltd., Mitsubishi Steel Mfg. Co. Ltd., Pacific Forge Inc., Patriot Forge Co., Scot Forge Co., Sumitomo Heavy Industries Ltd., and thyssenkrupp AG.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is rising infrastructure development."
According to the report, one of the major drivers for this market is the high demand for advanced materials and alloys.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Aichi Steel Corp.
- Ajax Tocco Magnethermic Corp.
- Alicon Castalloy Ltd.
- All Metals and Forge Group
- Allegheny Technologies Inc.
- Aluminum Precision Products
- American Axle and Manufacturing Inc.
- Arconic Corp.
- Asahi Forge Corp.
- Bharat Forge Ltd.
- Bluewater Thermal Solutions
- Bruck GmbH
- Consolidated Industries Inc.
- Farinia SA
- Fountaintown Forge Inc.
- Larsen and Toubro Ltd.
- Mitsubishi Steel Mfg. Co. Ltd.
- Pacific Forge Inc.
- Patriot Forge Co.
- Scot Forge Co.
- Sumitomo Heavy Industries Ltd.
- thyssenkrupp AG
