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Forged Automotive Components Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2024-2031- (By Derivatives Coverage, Geographic Coverage and By Company)

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    Report

  • 225 Pages
  • October 2024
  • Region: Global
  • Fairfield Market Research
  • ID: 6020576
Description Jump to:
The global forged automotive components market is set for significant growth, with a valuation of US$ 51.29 billion in 2024, projected to reach US$ 70.1 billion by 2031, at a CAGR of 4.5%. Forged automotive components are renowned for their strength and durability, offering essential advantages for automotive applications, and driving advancements across the industry.

Market Insights

Forging aligns the metal’s grain structure, resulting in components that can withstand high stresses, impact loads, and fatigue - key features for automotive parts like crankshafts, connecting rods, pistons, and gears. Forged products provide high strength-to-weight ratios, making them ideal for the current automotive trend of lightweight components for better fuel efficiency and reduced emissions.

Drivers of Market Growth

1.Rising Safety Regulations: With safety regulations tightening worldwide, manufacturers are adopting forged components for their superior structural integrity and reliability. This shift is increasing demand, especially for critical automotive applications.

2.Popularity of Electric & Hybrid Vehicles: As electric and hybrid vehicles gain traction, demand for lightweight yet robust components continues to rise. Forged components are well-suited to these applications, driving innovation and market growth.

3.Technological Advancements: Additive manufacturing (3D printing) is transforming the production of customized and lightweight forged components. This offers greater design flexibility and caters to the automotive sector's need for innovative and complex part geometries.

Business Opportunities

Significant opportunities for market players lie in the increasing defense budgets of Asia Pacific countries, where there is growing demand for military vehicles and equipment. Forged automotive components play a crucial role in building robust military vehicles like tanks and armored personnel carriers. The rise in defense expenditure offers lucrative opportunities for manufacturers to expand their portfolio and meet the growing demand for high-performance forged components in the military sector.

Regional Insights

  • China: Expected to reach US$ 23.2 billion by 2031, the forged automotive components market in China is benefiting from government policies promoting increased vehicle production, especially in electric and hybrid vehicles. The country’s status as the world’s largest automotive market will continue to boost growth.
  • United States: With the market projected to reach US$ 15.7 billion by 2031, growth in the U.S. is driven by strict regulatory standards related to vehicle safety. The demand for forged components that meet safety regulations is particularly strong, making the U.S. a key market for these products.

Challenges in the Market

1.High Initial Investments: The upfront capital required for forging facilities and equipment is a barrier, particularly for small- and medium-sized manufacturers. These capital-intensive requirements can limit market entry, restricting the growth of new entrants.

2.Limited Design Flexibility: While forged components offer strength and durability, the process can be limited when it comes to producing intricate designs. This constraint can pose challenges for industries that value complex or aesthetic designs, potentially slowing innovation in some segments.

Key Players in the Market

The market is moderately fragmented, with tier-I players holding 15% to 20% of the global market share. Notable companies leading the forged automotive components market include:

  • ThyssenKrupp AG
  • 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)
  • Kalyani Group
  • Om Forge
  • Super Auto Forge Private Limited
  • GAZ Group
  • TBK Co., Ltd.
  • EL FORGE LIMITED
  • Schweiger fulpmes GesmbH
  • NIPPON STEEL & SUMITOMO METAL CORPORATION
  • Agrasen Engineering Industries Pvt. Ltd.
  • Advance Forgings Pvt. Ltd.
  • SDF Automotive
  • Happy Forgings Limited
  • Indo Schöttle Auto Parts Pvt. Ltd.
  • Mueller Brass Co.
These key players are focusing on introducing lightweight and durable materials and investing in public and private partnerships to expand their presence and market share.

Regional Overview

1.North America: Tightening regulatory standards are playing a key role in boosting the demand for forged components that meet safety and compliance requirements. The focus on vehicle safety is propelling market growth.

2.Asia Pacific: The rising budget for military defense and the focus on electric vehicle production are major drivers for the market in Asia Pacific. Forged components play a critical role in the production of high-performance vehicles and defense equipment.

Forged Automotive Components Market Segmentation

By Vehicle Type:

  • Heavy Commercial Vehicles
  • Light Commercial Vehicles
  • Passenger Vehicles

By Automotive Component:

  • Gears
  • Crankshafts
  • Axles
  • Bearings
  • Pistons
  • Steering Knuckles
  • CV Joints
  • Beams
  • Fittings & Flanges
  • Valve Bodies & High-pressure Valves
  • Others

By Forging Process:

  • Impression Die Forging
  • Hydraulic Presses
  • Mechanical Presses
  • Hammers
  • Cold Forging
  • Open Die Forging
  • Seamless Rolled Ring Forging

By Application:

  • Power Train Components
  • Chassis Components
  • Transmission Parts
  • Other Parts

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • MEA


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Table of Contents

1. Executive Summary
1.1. Global Forged Automotive Components Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2024
1.5. Analyst Recommendations
2. Market Overview
2.1. Market Definitions and Segmentations
2.2. Market Dynamics
2.2.1. Drivers
2.2.2. Restraints
2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter’s Five Forces Analysis
2.5. COVID-19 Impact Analysis
2.5.1. Supply
2.5.2. Demand
2.6. Economic Overview
2.6.1. World Economic Projections
2.7. PESTLE Analysis
3. Production Output and Trade Statistics, 2018-2023
3.1. Global Forged Automotive Components, Production Output, by Region, 2019 - 2023
3.1.1. North America
3.1.2. Europe
3.1.3. Asia Pacific
3.1.4. Latin America
3.1.5. Middle East & Africa
4. Global Forged Automotive Components Market Outlook, 2019 - 2031
4.1. Global Forged Automotive Components Market Outlook, by Vehicle Type, Volume (Units) and Value (US$ Bn), 2019 - 2031
4.1.1. Key Highlights
4.1.1.1. Heavy Commercial Vehicles
4.1.1.2. Light Commercial Vehicles
4.1.1.3. Passenger Vehicles
4.2. Global Forged Automotive Components Market Outlook, by Automotive Component, Volume (Units) and Value (US$ Bn), 2019 - 2031
4.2.1. Key Highlights
4.2.1.1. Gears
4.2.1.2. Crankshafts
4.2.1.3. Axles
4.2.1.4. Bearings
4.2.1.5. Pistons
4.2.1.6. Steering Knuckles
4.2.1.7. CV Joints
4.2.1.8. Beams
4.2.1.9. Fittings & Flanges
4.2.1.10. Valve Bodies & High-pressure Valves
4.2.1.11. Others
4.3. Global Forged Automotive Components Market Outlook, by Forging Process, Volume (Units) and Value (US$ Bn), 2019 - 2031
4.3.1. Key Highlights
4.3.1.1. Impression Die Forging
4.3.1.1.1. Hydraulic Presses
4.3.1.1.2. Mechanical Presses
4.3.1.1.3. Hammers
4.3.1.2. Cold Forging
4.3.1.3. Open Die Forging
4.3.1.4. Seamless Rolled Ring Forging
4.4. Global Forged Automotive Components Market Outlook, by Application, Volume (Units) and Value (US$ Bn), 2019 - 2031
4.4.1. Key Highlights
4.4.1.1. Power Train Components
4.4.1.2. Chassis Components
4.4.1.3. Transmission Parts
4.4.1.4. Other Parts
4.5. Global Forged Automotive Components Market Outlook, by Region, Volume (Units) and Value (US$ Bn), 2019 - 2031
4.5.1. Key Highlights
4.5.1.1. North America
4.5.1.2. Europe
4.5.1.3. Asia Pacific
4.5.1.4. Latin America
4.5.1.5. Middle East & Africa
5. North America Forged Automotive Components Market Outlook, 2019 - 2031
5.1. North America Forged Automotive Components Market Outlook, by Vehicle Type, Volume (Units) and Value (US$ Bn), 2019 - 2031
5.1.1. Key Highlights
5.1.1.1. Heavy Commercial Vehicles
5.1.1.2. Light Commercial Vehicles
5.1.1.3. Passenger Vehicles
5.2. North America Forged Automotive Components Market Outlook, by Automotive Component, Volume (Units) and Value (US$ Bn), 2019 - 2031
5.2.1. Key Highlights
5.2.1.1. Gears
5.2.1.2. Crankshafts
5.2.1.3. Axles
5.2.1.4. Bearings
5.2.1.5. Pistons
5.2.1.6. Steering Knuckles
5.2.1.7. CV Joints
5.2.1.8. Beams
5.2.1.9. Fittings & Flanges
5.2.1.10. Valve Bodies & High-pressure Valves
5.2.1.11. Others
5.3. North America Forged Automotive Components Market Outlook, by Forging Process, Volume (Units) and Value (US$ Bn), 2019 - 2031
5.3.1. Key Highlights
5.3.1.1. Impression Die Forging
5.3.1.1.1. Hydraulic Presses
5.3.1.1.2. Mechanical Presses
5.3.1.1.3. Hammers
5.3.1.2. Cold Forging
5.3.1.3. Open Die Forging
5.3.1.4. Seamless Rolled Ring Forging
5.4. North America Forged Automotive Components Market Outlook, by Application, Volume (Units) and Value (US$ Bn), 2019 - 2031
5.4.1. Key Highlights
5.4.1.1. Power Train Components
5.4.1.2. Chassis Components
5.4.1.3. Transmission Parts
5.4.1.4. Other Parts
5.4.2. BPS Analysis/Market Attractiveness Analysis
5.5. North America Forged Automotive Components Market Outlook, by Country, Volume (Units) and Value (US$ Bn), 2019 - 2031
5.5.1. Key Highlights
5.5.1.1. U.S. Forged Automotive Components Market by Vehicle Type, Volume (Units) and Value (US$ Bn), 2019 - 2031
5.5.1.2. U.S. Forged Automotive Components Market Automotive Component, Volume (Units) and Value (US$ Bn), 2019 - 2031
5.5.1.3. U.S. Forged Automotive Components Market Forging Process, Volume (Units) and Value (US$ Bn), 2019 - 2031
5.5.1.4. U.S. Forged Automotive Components Market Application, Volume (Units) and Value (US$ Bn), 2019 - 2031
5.5.1.5. Canada Forged Automotive Components Market by Vehicle Type, Volume (Units) and Value (US$ Bn), 2019 - 2031
5.5.1.6. Canada Forged Automotive Components Market Automotive Component, Volume (Units) and Value (US$ Bn), 2019 - 2031
5.5.1.7. Canada Forged Automotive Components Market Forging Process, Volume (Units) and Value (US$ Bn), 2019 - 2031
5.5.1.8. Canada Forged Automotive Components Market Application, Volume (Units) and Value (US$ Bn), 2019 - 2031
5.5.2. BPS Analysis/Market Attractiveness Analysis
6. Europe Forged Automotive Components Market Outlook, 2019 - 2031
6.1. Europe Forged Automotive Components Market Outlook, by Vehicle Type, Volume (Units) and Value (US$ Bn), 2019 - 2031
6.1.1. Key Highlights
6.1.1.1. Heavy Commercial Vehicles
6.1.1.2. Light Commercial Vehicles
6.1.1.3. Passenger Vehicles
6.2. Europe Forged Automotive Components Market Outlook, by Automotive Component, Volume (Units) and Value (US$ Bn), 2019 - 2031
6.2.1. Key Highlights
6.2.1.1. Gears
6.2.1.2. Crankshafts
6.2.1.3. Axles
6.2.1.4. Bearings
6.2.1.5. Pistons
6.2.1.6. Steering Knuckles
6.2.1.7. CV Joints
6.2.1.8. Beams
6.2.1.9. Fittings & Flanges
6.2.1.10. Valve Bodies & High-pressure Valves
6.2.1.11. Others
6.3. Europe Forged Automotive Components Market Outlook, by Forging Process, Volume (Units) and Value (US$ Bn), 2019 - 2031
6.3.1. Key Highlights
6.3.1.1. Impression Die Forging
6.3.1.1.1. Hydraulic Presses
6.3.1.1.2. Mechanical Presses
6.3.1.1.3. Hammers
6.3.1.2. Cold Forging
6.3.1.3. Open Die Forging
6.3.1.4. Seamless Rolled Ring Forging
6.4. Europe Forged Automotive Components Market Outlook, by Application, Volume (Units) and Value (US$ Bn), 2019 - 2031
6.4.1. Key Highlights
6.4.1.1. Power Train Components
6.4.1.2. Chassis Components
6.4.1.3. Transmission Parts
6.4.1.4. Other Parts
6.4.2. BPS Analysis/Market Attractiveness Analysis
6.5. Europe Forged Automotive Components Market Outlook, by Country, Volume (Units) and Value (US$ Bn), 2019 - 2031
6.5.1. Key Highlights
6.5.1.1. Germany Forged Automotive Components Market by Vehicle Type, Volume (Units) and Value (US$ Bn), 2019 - 2031
6.5.1.2. Germany Forged Automotive Components Market Automotive Component, Volume (Units) and Value (US$ Bn), 2019 - 2031
6.5.1.3. Germany Forged Automotive Components Market Forging Process, Volume (Units) and Value (US$ Bn), 2019 - 2031
6.5.1.4. Germany Forged Automotive Components Market Application, Volume (Units) and Value (US$ Bn), 2019 - 2031
6.5.1.5. U.K. Forged Automotive Components Market by Vehicle Type, Volume (Units) and Value (US$ Bn), 2019 - 2031
6.5.1.6. U.K. Forged Automotive Components Market Automotive Component, Volume (Units) and Value (US$ Bn), 2019 - 2031
6.5.1.7. U.K. Forged Automotive Components Market Forging Process, Volume (Units) and Value (US$ Bn), 2019 - 2031
6.5.1.8. U.K. Forged Automotive Components Market Application, Volume (Units) and Value (US$ Bn), 2019 - 2031
6.5.1.9. France Forged Automotive Components Market by Vehicle Type, Volume (Units) and Value (US$ Bn), 2019 - 2031
6.5.1.10. France Forged Automotive Components Market Automotive Component, Volume (Units) and Value (US$ Bn), 2019 - 2031
6.5.1.11. France Forged Automotive Components Market Forging Process, Volume (Units) and Value (US$ Bn), 2019 - 2031
6.5.1.12. France Forged Automotive Components Market Application, Volume (Units) and Value (US$ Bn), 2019 - 2031
6.5.1.13. Italy Forged Automotive Components Market by Vehicle Type, Volume (Units) and Value (US$ Bn), 2019 - 2031
6.5.1.14. Italy Forged Automotive Components Market Automotive Component, Volume (Units) and Value (US$ Bn), 2019 - 2031
6.5.1.15. Italy Forged Automotive Components Market by Forging Process, Volume (Units) and Value (US$ Bn), 2019 - 2031
6.5.1.16. Italy Forged Automotive Components Market by Application, Volume (Units) and Value (US$ Bn), 2019 - 2031
6.5.1.17. Turkey Forged Automotive Components Market by Vehicle Type, Volume (Units) and Value (US$ Bn), 2019 - 2031
6.5.1.18. Turkey Forged Automotive Components Market Automotive Component, Volume (Units) and Value (US$ Bn), 2019 - 2031
6.5.1.19. Turkey Forged Automotive Components Market by Forging Process, Volume (Units) and Value (US$ Bn), 2019 - 2031
6.5.1.20. Turkey Forged Automotive Components Market by Application, Volume (Units) and Value (US$ Bn), 2019 - 2031
6.5.1.21. Russia Forged Automotive Components Market by Vehicle Type, Volume (Units) and Value (US$ Bn), 2019 - 2031
6.5.1.22. Russia Forged Automotive Components Market Automotive Component, Volume (Units) and Value (US$ Bn), 2019 - 2031
6.5.1.23. Russia Forged Automotive Components Market Forging Process, Volume (Units) and Value (US$ Bn), 2019 - 2031
6.5.1.24. Rest of Europe Forged Automotive Components Market by Vehicle Type, Volume (Units) and Value (US$ Bn), 2019 - 2031
6.5.1.25. Rest of Europe Forged Automotive Components Market Automotive Component, Volume (Units) and Value (US$ Bn), 2019 - 2031
6.5.1.26. Rest of Europe Forged Automotive Components Market Forging Process, Volume (Units) and Value (US$ Bn), 2019 - 2031
6.5.2. BPS Analysis/Market Attractiveness Analysis
7. Asia Pacific Forged Automotive Components Market Outlook, 2019 - 2031
7.1. Asia Pacific Forged Automotive Components Market Outlook, by Vehicle Type, Volume (Units) and Value (US$ Bn), 2019 - 2031
7.1.1. Key Highlights
7.1.1.1. Heavy Commercial Vehicles
7.1.1.2. Light Commercial Vehicles
7.1.1.3. Passenger Vehicles
7.2. Asia Pacific Forged Automotive Components Market Outlook, by Automotive Component, Volume (Units) and Value (US$ Bn), 2019 - 2031
7.2.1. Key Highlights
7.2.1.1. Gears
7.2.1.2. Crankshafts
7.2.1.3. Axles
7.2.1.4. Bearings
7.2.1.5. Pistons
7.2.1.6. Steering Knuckles
7.2.1.7. CV Joints
7.2.1.8. Beams
7.2.1.9. Fittings & Flanges
7.2.1.10. Valve Bodies & High-pressure Valves
7.2.1.11. Others
7.3. Asia Pacific Forged Automotive Components Market Outlook, by Forging Process, Volume (Units) and Value (US$ Bn), 2019 - 2031
7.3.1. Key Highlights
7.3.1.1. Impression Die Forging
7.3.1.1.1. Hydraulic Presses
7.3.1.1.2. Mechanical Presses
7.3.1.1.3. Hammers
7.3.1.2. Cold Forging
7.3.1.3. Open Die Forging
7.3.1.4. Seamless Rolled Ring Forging
7.4. Asia Pacific Forged Automotive Components Market Outlook, by Application, Volume (Units) and Value (US$ Bn), 2019 - 2031
7.4.1. Key Highlights
7.4.1.1. Power Train Components
7.4.1.2. Chassis Components
7.4.1.3. Transmission Parts
7.4.1.4. Other Parts
7.4.2. BPS Analysis/Market Attractiveness Analysis
7.5. Asia Pacific Forged Automotive Components Market Outlook, by Country, Volume (Units) and Value (US$ Bn), 2019 - 2031
7.5.1. Key Highlights
7.5.1.1. China Forged Automotive Components Market by Vehicle Type, Volume (Units) and Value (US$ Bn), 2019 - 2031
7.5.1.2. China Forged Automotive Components Market Automotive Component, Volume (Units) and Value (US$ Bn), 2019 - 2031
7.5.1.3. China Forged Automotive Components Market Forging Process, Volume (Units) and Value (US$ Bn), 2019 - 2031
7.5.1.4. Japan Forged Automotive Components Market by Vehicle Type, Volume (Units) and Value (US$ Bn), 2019 - 2031
7.5.1.5. Japan Forged Automotive Components Market Automotive Component, Volume (Units) and Value (US$ Bn), 2019 - 2031
7.5.1.6. Japan Forged Automotive Components Market Forging Process, Volume (Units) and Value (US$ Bn), 2019 - 2031
7.5.1.7. South Korea Forged Automotive Components Market by Vehicle Type, Volume (Units) and Value (US$ Bn), 2019 - 2031
7.5.1.8. South Korea Forged Automotive Components Market Automotive Component, Volume (Units) and Value (US$ Bn), 2019 - 2031
7.5.1.9. South Korea Forged Automotive Components Market Forging Process, Volume (Units) and Value (US$ Bn), 2019 - 2031
7.5.1.10. India Forged Automotive Components Market by Vehicle Type, Volume (Units) and Value (US$ Bn), 2019 - 2031
7.5.1.11. India Forged Automotive Components Market Automotive Component, Volume (Units) and Value (US$ Bn), 2019 - 2031
7.5.1.12. India Forged Automotive Components Market Forging Process, Volume (Units) and Value (US$ Bn), 2019 - 2031
7.5.1.13. Southeast Asia Forged Automotive Components Market by Vehicle Type, Volume (Units) and Value (US$ Bn), 2019 - 2031
7.5.1.14. Southeast Asia Forged Automotive Components Market Automotive Component, Volume (Units) and Value (US$ Bn), 2019 - 2031
7.5.1.15. Southeast Asia Forged Automotive Components Market Forging Process, Volume (Units) and Value (US$ Bn), 2019 - 2031
7.5.1.16. Rest of Asia Pacific Forged Automotive Components Market by Vehicle Type, Volume (Units) and Value (US$ Bn), 2019 - 2031
7.5.1.17. Rest of Asia Pacific Forged Automotive Components Market Automotive Component, Volume (Units) and Value (US$ Bn), 2019 - 2031
7.5.1.18. Rest of Asia Pacific Forged Automotive Components Market Forging Process, Volume (Units) and Value (US$ Bn), 2019 - 2031
7.5.2. BPS Analysis/Market Attractiveness Analysis
8. Latin America Forged Automotive Components Market Outlook, 2019 - 2031
8.1. Latin America Forged Automotive Components Market Outlook, by Vehicle Type, Volume (Units) and Value (US$ Bn), 2019 - 2031
8.1.1. Key Highlights
8.1.1.1. Heavy Commercial Vehicles
8.1.1.2. Light Commercial Vehicles
8.1.1.3. Passenger Vehicles
8.2. Latin America Forged Automotive Components Market Outlook, by Automotive Component, Volume (Units) and Value (US$ Bn), 2019 - 2031
8.2.1. Key Highlights
8.2.1.1. Gears
8.2.1.2. Crankshafts
8.2.1.3. Axles
8.2.1.4. Bearings
8.2.1.5. Pistons
8.2.1.6. Steering Knuckles
8.2.1.7. CV Joints
8.2.1.8. Beams
8.2.1.9. Fittings & Flanges
8.2.1.10. Valve Bodies & High-pressure Valves
8.2.1.11. Others
8.3. Latin America Forged Automotive Components Market Outlook, by Forging Process, Volume (Units) and Value (US$ Bn), 2019 - 2031
8.3.1. Key Highlights
8.3.1.1. Impression Die Forging
8.3.1.1.1. Hydraulic Presses
8.3.1.1.2. Mechanical Presses
8.3.1.1.3. Hammers
8.3.1.2. Cold Forging
8.3.1.3. Open Die Forging
8.3.1.4. Seamless Rolled Ring Forging
8.4. Latin America Forged Automotive Components Market Outlook, by Application, Volume (Units) and Value (US$ Bn), 2019 - 2031
8.4.1. Key Highlights
8.4.1.1. Power Train Components
8.4.1.2. Chassis Components
8.4.1.3. Transmission Parts
8.4.1.4. Other Parts
8.4.2. BPS Analysis/Market Attractiveness Analysis
8.5. Latin America Forged Automotive Components Market Outlook, by Country, Volume (Units) and Value (US$ Bn), 2019 - 2031
8.5.1. Key Highlights
8.5.1.1. Brazil Forged Automotive Components Market by Vehicle Type, Volume (Units) and Value (US$ Bn), 2019 - 2031
8.5.1.2. Brazil Forged Automotive Components Market Automotive Component, Volume (Units) and Value (US$ Bn), 2019 - 2031
8.5.1.3. Brazil Forged Automotive Components Market Forging Process, Volume (Units) and Value (US$ Bn), 2019 - 2031
8.5.1.4. Mexico Forged Automotive Components Market by Vehicle Type, Volume (Units) and Value (US$ Bn), 2019 - 2031
8.5.1.5. Mexico Forged Automotive Components Market Automotive Component, Volume (Units) and Value (US$ Bn), 2019 - 2031
8.5.1.6. Mexico Forged Automotive Components Market Forging Process, Volume (Units) and Value (US$ Bn), 2019 - 2031
8.5.1.7. Argentina Forged Automotive Components Market by Vehicle Type, Volume (Units) and Value (US$ Bn), 2019 - 2031
8.5.1.8. Argentina Forged Automotive Components Market Automotive Component, Volume (Units) and Value (US$ Bn), 2019 - 2031
8.5.1.9. Argentina Forged Automotive Components Market Forging Process, Volume (Units) and Value (US$ Bn), 2019 - 2031
8.5.1.10. Rest of Latin America Forged Automotive Components Market by Vehicle Type, Volume (Units) and Value (US$ Bn), 2019 - 2031
8.5.1.11. Rest of Latin America Forged Automotive Components Market Automotive Component, Volume (Units) and Value (US$ Bn), 2019 - 2031
8.5.1.12. Rest of Latin America Forged Automotive Components Market Forging Process, Volume (Units) and Value (US$ Bn), 2019 - 2031
8.5.2. BPS Analysis/Market Attractiveness Analysis
9. Middle East & Africa Forged Automotive Components Market Outlook, 2019 - 2031
9.1. Middle East & Africa Forged Automotive Components Market Outlook, by Vehicle Type, Volume (Units) and Value (US$ Bn), 2019 - 2031
9.1.1. Key Highlights
9.1.1.1. Heavy Commercial Vehicles
9.1.1.2. Light Commercial Vehicles
9.1.1.3. Passenger Vehicles
9.2. Middle East & Africa Forged Automotive Components Market Outlook, by Automotive Component, Volume (Units) and Value (US$ Bn), 2019 - 2031
9.2.1. Key Highlights
9.2.1.1. Gears
9.2.1.2. Crankshafts
9.2.1.3. Axles
9.2.1.4. Bearings
9.2.1.5. Pistons
9.2.1.6. Steering Knuckles
9.2.1.7. CV Joints
9.2.1.8. Beams
9.2.1.9. Fittings & Flanges
9.2.1.10. Valve Bodies & High-pressure Valves
9.2.1.11. Others
9.3. Middle East & Africa Forged Automotive Components Market Outlook, by Forging Process, Volume (Units) and Value (US$ Bn), 2019 - 2031
9.3.1. Key Highlights
9.3.1.1. Impression Die Forging
9.3.1.1.1. Hydraulic Presses
9.3.1.1.2. Mechanical Presses
9.3.1.1.3. Hammers
9.3.1.2. Cold Forging
9.3.1.3. Open Die Forging
9.3.1.4. Seamless Rolled Ring Forging
9.4. Middle East & Africa Forged Automotive Components Market Outlook, by Application, Volume (Units) and Value (US$ Bn), 2019 - 2031
9.4.1. Key Highlights
9.4.1.1. Power Train Components
9.4.1.2. Chassis Components
9.4.1.3. Transmission Parts
9.4.1.4. Other Parts
9.4.2. BPS Analysis/Market Attractiveness Analysis
9.5. Middle East & Africa Forged Automotive Components Market Outlook, by Country, Volume (Units) and Value (US$ Bn), 2019 - 2031
9.5.1. Key Highlights
9.5.1.1. GCC Forged Automotive Components Market by Vehicle Type, Volume (Units) and Value (US$ Bn), 2019 - 2031
9.5.1.2. GCC Forged Automotive Components Market Automotive Component, Volume (Units) and Value (US$ Bn), 2019 - 2031
9.5.1.3. GCC Forged Automotive Components Market Forging Process, Volume (Units) and Value (US$ Bn), 2019 - 2031
9.5.1.4. South Africa Forged Automotive Components Market by Vehicle Type, Volume (Units) and Value (US$ Bn), 2019 - 2031
9.5.1.5. South Africa Forged Automotive Components Market Automotive Component, Volume (Units) and Value (US$ Bn), 2019 - 2031
9.5.1.6. South Africa Forged Automotive Components Market Forging Process, Volume (Units) and Value (US$ Bn), 2019 - 2031
9.5.1.7. Egypt Forged Automotive Components Market by Vehicle Type, Volume (Units) and Value (US$ Bn), 2019 - 2031
9.5.1.8. Egypt Forged Automotive Components Market Automotive Component, Volume (Units) and Value (US$ Bn), 2019 - 2031
9.5.1.9. Egypt Forged Automotive Components Market Forging Process, Volume (Units) and Value (US$ Bn), 2019 - 2031
9.5.1.10. Nigeria Forged Automotive Components Market by Vehicle Type, Volume (Units) and Value (US$ Bn), 2019 - 2031
9.5.1.11. Nigeria Forged Automotive Components Market Automotive Component, Volume (Units) and Value (US$ Bn), 2019 - 2031
9.5.1.12. Nigeria Forged Automotive Components Market Forging Process, Volume (Units) and Value (US$ Bn), 2019 - 2031
9.5.1.13. Rest of Middle East & Africa Forged Automotive Components Market by Vehicle Type, Volume (Units) and Value (US$ Bn), 2019 - 2031
9.5.1.14. Rest of Middle East & Africa Forged Automotive Components Market Automotive Component, Volume (Units) and Value (US$ Bn), 2019 - 2031
9.5.1.15. Rest of Middle East & Africa Forged Automotive Components Market Forging Process, Volume (Units) and Value (US$ Bn), 2019 - 2031
9.5.2. BPS Analysis/Market Attractiveness Analysis
10. Competitive Landscape
10.1. Forging Process vs Automotive Component Heatmap
10.2. Manufacturer vs Automotive Component Heatmap
10.3. Company Market Share Analysis, 2024
10.4. Competitive Dashboard
10.5. Company Profiles
10.5.1. ThyssenKrupp AG (Germany)
10.5.1.1. Company Overview
10.5.1.2. Product Portfolio
10.5.1.3. Financial Overview
10.5.1.4. Business Strategies and Development
10.5.2. CIE Automotive (Spain)
10.5.3. NTN Corporation (Japan)
10.5.4. American Axle and Manufacturing Inc. (United States)
10.5.5. Bharat Forge Limited (India)
10.5.6. Ramkrishna Forgings (India)
10.5.7. Dana Limited (United States )
10.5.8. Meritor Inc. (United States)
10.5.9. ZF Friedrichshafen AG (Germany)
10.5.10. Kalyani Group
10.5.11. Om Forge
10.5.12. Super Auto Forge Private Limited
10.5.13. GAZ Group
10.5.14. TBK Co., Ltd.
10.5.15. EL Forge Limited
10.5.16. Schweiger Fulpmes GmbH
10.5.17. Nippon Steel & Sumitomo Metal Corporation
10.5.18. Agrasen Engineering Industries Pvt. Ltd.
10.5.19. Advance Forgings Pvt. Ltd.
10.5.20. SDF Automotive
10.5.21. Happy Forgings Limited
10.5.22. Indo Schöttle Auto Parts Pvt. Ltd.
10.5.23. Mueller Brass Co.
11. Appendix
11.1. Research Methodology
11.2. Report Assumptions
11.3. Acronyms and Abbreviations

Companies Mentioned

  • ThyssenKrupp AG
  • 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)
  • Kalyani Group
  • Om Forge
  • Super Auto Forge Private Limited
  • GAZ Group
  • TBK Co., Ltd.
  • EL FORGE LIMITED
  • Schweiger fulpmes GesmbH
  • NIPPON STEEL & SUMITOMO METAL CORPORATION
  • Agrasen Engineering Industries Pvt. Ltd.
  • Advance Forgings Pvt. Ltd.
  • SDF Automotive
  • Happy Forgings Limited
  • Indo Schöttle Auto Parts Pvt. Ltd.
  • Mueller Brass Co.

Methodology

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